Global Smart Roads Market Insights, Forecast to 2030

Global Smart Roads Market Insights, Forecast to 2030

The global Smart Roads market is projected to grow from US$ 13448.07 million in 2024 to US$ 20561.61 million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.33% during the forecast period.

The US & Canada market for Smart Roads is estimated to increase from US$ 2355.35 million in 2024 to reach US$ 2818.92 million by 2030, at a CAGR of 3.04 % during the forecast period of 2025 through 2030.

The China market for Smart Roads is estimated to increase from US$ 4657.62 million in 2024 to reach US$ 7909.08 million by 2030, at a CAGR of 9.23% during the forecast period of 2025 through 2030.

The Europe market for Smart Roads is estimated to increase from US$ 4237.80 million in 2024 to reach US$ 6660.65 million by 2030, at a CAGR of 7.83 % during the forecast period of 2025 through 2030.

The global key companies of Smart Roads include Mundys (Yunex Traffic), Swarco Holding, Huawei, Sumitomo Electric, Cisco, Kapsch, Nippon Signal, Hisense Transtech, and Intel, etc. In 2023, the global top five players had a share approximately 31.28 % in terms of revenue.

Report Includes

This report presents an overview of global market for Smart Roads market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Smart Roads, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Smart Roads, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Smart Roads revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Roads market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Smart Roads revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Mundys (Yunex Traffic), Swarco Holding, Huawei, Sumitomo Electric, Cisco, Kapsch, Nippon Signal, Hisense Transtech, and Intel, etc.

Market Segmentation

By Company

Mundys (Yunex Traffic)

Swarco Holding

Huawei

Sumitomo Electric

Cisco

Kapsch

Nippon Signal

Hisense Transtech

Intel

Almaviva

Q-FREE

IBM

Lianyungang JARI Electronics

MOVYON

Indra Sistemas

LG CNS

Vaisala

Econolite

Alcatel Lucent

Valerann

Segment by Type

Software

Hardware

Segment by Application

Urban Traffic

Highway

Bridges and Tunnels

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

China Taiwan

Rest of Asia

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Middle East, Africa, and Latin America

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Revenue of Smart Roads in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Smart Roads companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, revenue for each segment.

Chapter 8: China by Type, and by Application, revenue for each segment.

Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.

Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Roads revenue, gross margin, and recent development, etc.

Chapter 12: Analyst's Viewpoints/Conclusions