This report focuses on the global Smart Highway Construction Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Highway Construction development in United States, Europe and China. Smart highway construction aims to incorporate technologies to make highway roads safer, smarter, and more energy efficient; and to generate electricity by harnessing solar, wind, and vibration energy. The electricity, so produced, can be utilized to charge electric vehicles, power street lamps, and can be used to power traffic monitoring systems. The government funding segment accounted for the major shares and dominated the global smart highway construction market during 2017.
A large number of countries are increasingly focusing on the construction of smart highways as a sustainable solution to limit GHG emissions and promote the usage of electric vehicles. Since, the construction of smart highways involves a number of benefits such as shorter trip time, reduced traffic congestion, fewer traffic accidents, and reduced carbon emissions, more countries will increase their funding for the construction of the smart highways during the next few years. The smart highway construction market will be dominated by APAC during the next few years. Factors such as the growing number of infrastructural developments in various countries such as India, Australia, and New Zealand, an increase in the number of smart highway projects, and the reduction in traffic congestions and GHG emissions, will stimulate the growth of the smart highway construction market in this region.
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In 2017, the global Smart Highway Construction market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
• Continental Engineering
• Nippon Koei
• VINCI Construction
• Huawei Technologies
Market segment by Type, the product can be split into
• Photovoltaic Pavement
• Wireless Vehicle Charging
• Frost Protection and Melting Snow, Ice
• Road Markings
Browse the Full Global Smart Highway Construction Market- Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast, 2018 To 2025 Report at – https://www.radiantinsights.com/research/global-smart-highway-construction-market-size-status-and-forecast-2018-2025
The study objectives of this report are:
• To analyze global Smart Highway Construction status, future forecast, growth opportunity, key market and key players.
• To present the Smart Highway Construction development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
Market segment by Application, split into
• Government Funding
• Other Funding
Market segment by Regions/Countries, this report covers
• United States
• Southeast Asia
• Central & South America
Read more related reports by Radiant Insights:
• Hospital Information Systems (HIS) Market – https://www.radiantinsights.com/research/global-hospital-information-systems-his-market-size-status-and-forecast-2018-2025
In this study, the years considered to estimate the market size of Smart Highway Construction are as follows:
• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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