Smart roads market and brief assessment up to 2027
Smart roads include deployment of various sensors for safety, security, and communication purposes. These technologies are designed to help drivers and riders have safe journies. Growing urbanisation and the need for safe roads are some of the major driving factors behind the growth of the smart road system market. Among the regions, North America is expected to lead the smart roads market during the forecast period.
The market is divided into
- technology
- services
- deployments
- displays
- geographies.
Intelligent traffic management systems, intelligent transportation management systems, communication systems, and monitoring systems are the different types of technology. An automatic number plate recognition system (ANPR), a technology lane departure warning system (LDW), an incident detection system, as well as a radio frequency identification system (RFID), make up the intelligent traffic management system. Maintenance, consultancy, and operation services, as well as managed services, are all available. Digital signage, variable message signs, and other displays are among the options. On-premise and on-cloud deployments are separated further.
The smart roads technology market is classified into North America, Asia Pacific, Europe, and the remainder of the world. North America is highest in the overall smart parkway market rankings in view of innovative upgrades in the smart street business. A significant number of projects associated with improvement of street hardware can be found in the United States and Canada. These countries put a high priority on street security. The Asia Pacific region has emerged as the fastest developing smart street market, with nations like China and Japan widely occupied with different endeavors for street wellbeing.
Highly competitive, the smart roads market appears fragmented due to the presence of several well-established players. Players leading the global smart roads market include Kapsch AG (Austria), Alcatel Lucent (France), Indra Sistemas, SA (Madrid), Siemens AG (Germany), LG CNS (South Korea), Cisco (US), Xerox Corporation (US), Kapsch TrafficCom (Austria), and Huawei (China), among others.
[edit] Related articles on Designing Buildings
- CarTube.
- Design standards for road development and improvement schemes.
- Designing smart cities.
- Five great things about civil engineering.
- How to connect unconnected vehicles.
- Hyperloop One.
- Infrastructure.
- Motorway.
- Platooning.
- Rapid Engineering Model REM.
- Road construction.
- Road traffic management.
- Smart construction.
- Smart motorways procurement plan.
- Smart technology.
- The future of transport in the UK.
- Transport mobility and the magic map.
- Types of road and street.
- Vision and validate: a third way in designing the roads of the future.
- What are smart motorways and how do they work?
Featured articles and news
Review and comment on the revised draft before July 11.
We are indeed now 10 years old, so go on and be bold !
Write about something you know, help us build and grow !
IHBC's 25th anniversary 2022 Aberdeen School.
A blended event and triumphant return.
New Construction Leadership Council Co-Chair selected.
Mark Reynolds succeeds Andy Mitchell as Co-Chair of CLC
Designing Buildings is 10 years old.
Types of work to existing buildings.
From alteration to deconstruction on DB.
Publication available
BSRIA Conference 2022, June 23.
Refurbishment for Net Zero.
In the sunshine things get hotter.
Understanding temperature in buildings on DB.
Giving power to the consumer on the road to net-zero.
A call for home energy management to be modernised.
How many different types can you think of ?
50th anniversary of the first Pride parade UK.
Looking back and fourth to what still needs to be done.
Cleaning up air quality and the Environment Act 2021.
Targets, impacts and action from ECA member.
Balkrishna Doshi wins Royal Gold Medal 2022.
Pioneering Indian environmental design Architect.
The greenest building is the one already built.
History of Temple Meads rewritten.
UK crying out for female tradespeople says CIOB research.
Currently standing at just 1%.
Find out more with BSRIA.
A cricket pitch is 1 chain long whilst 80 chains is a mile.
What is your pledge ?
Cabman shelters.
Changes come into force for F,L,O and S.
CIAT member reasons on why it matters.
Are there still ‘lessons to learn’ from Grenfell ?
Nine in ten civil engineers think so.
IHBC Annual School, 15-18 June.
The Jubilee® worm drive hose clip or Jubilee clip.
A trusted clip with a long history, worth celebrating.
The new wave of green architectural features in context.
CIAT report on new route to CSCS cards
For built environment professionals.