Market Executive Summary
The global market for Smart Highways was estimated to be worth US$ 31410 million in 2024 and is forecast to a readjusted size of US$ 60150 million by 2031 with a CAGR of 9.9% during the forecast period 2025-2031.
Smart highways are those which are built in with different technologies to make day-to-day traffic flow easy and manageable.
The higher demand for travel and awareness about the time being consumed are driving the smart highways market.
This report aims to provide a comprehensive presentation of the global market for Smart Highways, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Smart Highways by region & country, by Type, and by Application.
The Smart Highways market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Highways.
Global Smart Highways Companies Covered
LG CNS, Alcatel-Lucent, Siemens, Kapsch, Cisco Systems, Indra Sistemas, IBM, Schneider Electric, Huawei Technologies, TrafficCom, Xerox
Global Smart Highways Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Highways Market, Segment by Type
Automatic Number Plate Recognition
Lane Departure Warning System
Radio Frequency Identification
Incident Detection System
Global Smart Highways Market, Segment by Application
Urban Transport
Highway
Other
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Smart Highways company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Smart Highways in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Smart Highways in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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Table of Contents
Table of Contents
1 Market Overview
1.1 Smart Highways Product Introduction
1.2 Global Smart Highways Market Size Forecast (2020-2031)
1.3 Smart Highways Market Trends & Drivers
1.3.1 Smart Highways Industry Trends
1.3.2 Smart Highways Market Drivers & Opportunity
1.3.3 Smart Highways Market Challenges
1.3.4 Smart Highways Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Smart Highways Players Revenue Ranking (2024)
2.2 Global Smart Highways Revenue by Company (2020-2025)
2.3 Key Companies Smart Highways Manufacturing Base Distribution and Headquarters
2.4 Key Companies Smart Highways Product Offered
2.5 Key Companies Time to Begin Mass Production of Smart Highways
2.6 Smart Highways Market Competitive Analysis
2.6.1 Smart Highways Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Smart Highways Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Highways as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Automatic Number Plate Recognition
3.1.2 Lane Departure Warning System
3.1.3 Radio Frequency Identification
3.1.4 Incident Detection System
3.2 Global Smart Highways Sales Value by Type
3.2.1 Global Smart Highways Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Smart Highways Sales Value, by Type (2020-2031)
3.2.3 Global Smart Highways Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Urban Transport
4.1.2 Highway
4.1.3 Other
4.2 Global Smart Highways Sales Value by Application
4.2.1 Global Smart Highways Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Smart Highways Sales Value, by Application (2020-2031)
4.2.3 Global Smart Highways Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Smart Highways Sales Value by Region
5.1.1 Global Smart Highways Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Smart Highways Sales Value by Region (2020-2025)
5.1.3 Global Smart Highways Sales Value by Region (2026-2031)
5.1.4 Global Smart Highways Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Smart Highways Sales Value, 2020-2031
5.2.2 North America Smart Highways Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Smart Highways Sales Value, 2020-2031
5.3.2 Europe Smart Highways Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Smart Highways Sales Value, 2020-2031
5.4.2 Asia Pacific Smart Highways Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Smart Highways Sales Value, 2020-2031
5.5.2 South America Smart Highways Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Smart Highways Sales Value, 2020-2031
5.6.2 Middle East & Africa Smart Highways Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Smart Highways Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Smart Highways Sales Value, 2020-2031
6.3 United States
6.3.1 United States Smart Highways Sales Value, 2020-2031
6.3.2 United States Smart Highways Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Smart Highways Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Smart Highways Sales Value, 2020-2031
6.4.2 Europe Smart Highways Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Smart Highways Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Smart Highways Sales Value, 2020-2031
6.5.2 China Smart Highways Sales Value by Type (%), 2024 VS 2031
6.5.3 China Smart Highways Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Smart Highways Sales Value, 2020-2031
6.6.2 Japan Smart Highways Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Smart Highways Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Smart Highways Sales Value, 2020-2031
6.7.2 South Korea Smart Highways Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Smart Highways Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Smart Highways Sales Value, 2020-2031
6.8.2 Southeast Asia Smart Highways Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Smart Highways Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Smart Highways Sales Value, 2020-2031
6.9.2 India Smart Highways Sales Value by Type (%), 2024 VS 2031
6.9.3 India Smart Highways Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 LG CNS
7.1.1 LG CNS Profile
7.1.2 LG CNS Main Business
7.1.3 LG CNS Smart Highways Products, Services and Solutions
7.1.4 LG CNS Smart Highways Revenue (US$ Million) & (2020-2025)
7.1.5 LG CNS Recent Developments
7.2 Alcatel-Lucent
7.2.1 Alcatel-Lucent Profile
7.2.2 Alcatel-Lucent Main Business
7.2.3 Alcatel-Lucent Smart Highways Products, Services and Solutions
7.2.4 Alcatel-Lucent Smart Highways Revenue (US$ Million) & (2020-2025)
7.2.5 Alcatel-Lucent Recent Developments
7.3 Siemens
7.3.1 Siemens Profile
7.3.2 Siemens Main Business
7.3.3 Siemens Smart Highways Products, Services and Solutions
7.3.4 Siemens Smart Highways Revenue (US$ Million) & (2020-2025)
7.3.5 Siemens Recent Developments
7.4 Kapsch
7.4.1 Kapsch Profile
7.4.2 Kapsch Main Business
7.4.3 Kapsch Smart Highways Products, Services and Solutions
7.4.4 Kapsch Smart Highways Revenue (US$ Million) & (2020-2025)
7.4.5 Kapsch Recent Developments
7.5 Cisco Systems
7.5.1 Cisco Systems Profile
7.5.2 Cisco Systems Main Business
7.5.3 Cisco Systems Smart Highways Products, Services and Solutions
7.5.4 Cisco Systems Smart Highways Revenue (US$ Million) & (2020-2025)
7.5.5 Cisco Systems Recent Developments
7.6 Indra Sistemas
7.6.1 Indra Sistemas Profile
7.6.2 Indra Sistemas Main Business
7.6.3 Indra Sistemas Smart Highways Products, Services and Solutions
7.6.4 Indra Sistemas Smart Highways Revenue (US$ Million) & (2020-2025)
7.6.5 Indra Sistemas Recent Developments
7.7 IBM
7.7.1 IBM Profile
7.7.2 IBM Main Business
7.7.3 IBM Smart Highways Products, Services and Solutions
7.7.4 IBM Smart Highways Revenue (US$ Million) & (2020-2025)
7.7.5 IBM Recent Developments
7.8 Schneider Electric
7.8.1 Schneider Electric Profile
7.8.2 Schneider Electric Main Business
7.8.3 Schneider Electric Smart Highways Products, Services and Solutions
7.8.4 Schneider Electric Smart Highways Revenue (US$ Million) & (2020-2025)
7.8.5 Schneider Electric Recent Developments
7.9 Huawei Technologies
7.9.1 Huawei Technologies Profile
7.9.2 Huawei Technologies Main Business
7.9.3 Huawei Technologies Smart Highways Products, Services and Solutions
7.9.4 Huawei Technologies Smart Highways Revenue (US$ Million) & (2020-2025)
7.9.5 Huawei Technologies Recent Developments
7.10 TrafficCom
7.10.1 TrafficCom Profile
7.10.2 TrafficCom Main Business
7.10.3 TrafficCom Smart Highways Products, Services and Solutions
7.10.4 TrafficCom Smart Highways Revenue (US$ Million) & (2020-2025)
7.10.5 TrafficCom Recent Developments
7.11 Xerox
7.11.1 Xerox Profile
7.11.2 Xerox Main Business
7.11.3 Xerox Smart Highways Products, Services and Solutions
7.11.4 Xerox Smart Highways Revenue (US$ Million) & (2020-2025)
7.11.5 Xerox Recent Developments
8 Industry Chain Analysis
8.1 Smart Highways Industrial Chain
8.2 Smart Highways Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Smart Highways Sales Model
8.5.2 Sales Channel
8.5.3 Smart Highways Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Figures
Table of Figures
List of Tables
Table 1. Smart Highways Market Trends
Table 2. Smart Highways Market Drivers & Opportunity
Table 3. Smart Highways Market Challenges
Table 4. Smart Highways Market Restraints
Table 5. Global Smart Highways Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Smart Highways Revenue Market Share by Company (2020-2025)
Table 7. Key Companies Smart Highways Manufacturing Base Distribution and Headquarters
Table 8. Key Companies Smart Highways Product Type
Table 9. Key Companies Time to Begin Mass Production of Smart Highways
Table 10. Global Smart Highways Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Highways as of 2024)
Table 12. Mergers & Acquisitions, Expansion Plans
Table 13. Global Smart Highways Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 14. Global Smart Highways Sales Value by Type (2020-2025) & (US$ Million)
Table 15. Global Smart Highways Sales Value by Type (2026-2031) & (US$ Million)
Table 16. Global Smart Highways Sales Market Share in Value by Type (2020-2025)
Table 17. Global Smart Highways Sales Market Share in Value by Type (2026-2031)
Table 18. Global Smart Highways Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 19. Global Smart Highways Sales Value by Application (2020-2025) & (US$ Million)
Table 20. Global Smart Highways Sales Value by Application (2026-2031) & (US$ Million)
Table 21. Global Smart Highways Sales Market Share in Value by Application (2020-2025)
Table 22. Global Smart Highways Sales Market Share in Value by Application (2026-2031)
Table 23. Global Smart Highways Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 24. Global Smart Highways Sales Value by Region (2020-2025) & (US$ Million)
Table 25. Global Smart Highways Sales Value by Region (2026-2031) & (US$ Million)
Table 26. Global Smart Highways Sales Value by Region (2020-2025) & (%)
Table 27. Global Smart Highways Sales Value by Region (2026-2031) & (%)
Table 28. Key Countries/Regions Smart Highways Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 29. Key Countries/Regions Smart Highways Sales Value, (2020-2025) & (US$ Million)
Table 30. Key Countries/Regions Smart Highways Sales Value, (2026-2031) & (US$ Million)
Table 31. LG CNS Basic Information List
Table 32. LG CNS Description and Business Overview
Table 33. LG CNS Smart Highways Products, Services and Solutions
Table 34. Revenue (US$ Million) in Smart Highways Business of LG CNS (2020-2025)
Table 35. LG CNS Recent Developments
Table 36. Alcatel-Lucent Basic Information List
Table 37. Alcatel-Lucent Description and Business Overview
Table 38. Alcatel-Lucent Smart Highways Products, Services and Solutions
Table 39. Revenue (US$ Million) in Smart Highways Business of Alcatel-Lucent (2020-2025)
Table 40. Alcatel-Lucent Recent Developments
Table 41. Siemens Basic Information List
Table 42. Siemens Description and Business Overview
Table 43. Siemens Smart Highways Products, Services and Solutions
Table 44. Revenue (US$ Million) in Smart Highways Business of Siemens (2020-2025)
Table 45. Siemens Recent Developments
Table 46. Kapsch Basic Information List
Table 47. Kapsch Description and Business Overview
Table 48. Kapsch Smart Highways Products, Services and Solutions
Table 49. Revenue (US$ Million) in Smart Highways Business of Kapsch (2020-2025)
Table 50. Kapsch Recent Developments
Table 51. Cisco Systems Basic Information List
Table 52. Cisco Systems Description and Business Overview
Table 53. Cisco Systems Smart Highways Products, Services and Solutions
Table 54. Revenue (US$ Million) in Smart Highways Business of Cisco Systems (2020-2025)
Table 55. Cisco Systems Recent Developments
Table 56. Indra Sistemas Basic Information List
Table 57. Indra Sistemas Description and Business Overview
Table 58. Indra Sistemas Smart Highways Products, Services and Solutions
Table 59. Revenue (US$ Million) in Smart Highways Business of Indra Sistemas (2020-2025)
Table 60. Indra Sistemas Recent Developments
Table 61. IBM Basic Information List
Table 62. IBM Description and Business Overview
Table 63. IBM Smart Highways Products, Services and Solutions
Table 64. Revenue (US$ Million) in Smart Highways Business of IBM (2020-2025)
Table 65. IBM Recent Developments
Table 66. Schneider Electric Basic Information List
Table 67. Schneider Electric Description and Business Overview
Table 68. Schneider Electric Smart Highways Products, Services and Solutions
Table 69. Revenue (US$ Million) in Smart Highways Business of Schneider Electric (2020-2025)
Table 70. Schneider Electric Recent Developments
Table 71. Huawei Technologies Basic Information List
Table 72. Huawei Technologies Description and Business Overview
Table 73. Huawei Technologies Smart Highways Products, Services and Solutions
Table 74. Revenue (US$ Million) in Smart Highways Business of Huawei Technologies (2020-2025)
Table 75. Huawei Technologies Recent Developments
Table 76. TrafficCom Basic Information List
Table 77. TrafficCom Description and Business Overview
Table 78. TrafficCom Smart Highways Products, Services and Solutions
Table 79. Revenue (US$ Million) in Smart Highways Business of TrafficCom (2020-2025)
Table 80. TrafficCom Recent Developments
Table 81. Xerox Basic Information List
Table 82. Xerox Description and Business Overview
Table 83. Xerox Smart Highways Products, Services and Solutions
Table 84. Revenue (US$ Million) in Smart Highways Business of Xerox (2020-2025)
Table 85. Xerox Recent Developments
Table 86. Key Raw Materials Lists
Table 87. Raw Materials Key Suppliers Lists
Table 88. Smart Highways Downstream Customers
Table 89. Smart Highways Distributors List
Table 90. Research Programs/Design for This Report
Table 91. Key Data Information from Secondary Sources
Table 92. Key Data Information from Primary Sources
Table 93. Business Unit and Senior & Team Lead Analysts
List of Figures
Figure 1. Smart Highways Product Picture
Figure 2. Global Smart Highways Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Smart Highways Sales Value (2020-2031) & (US$ Million)
Figure 4. Smart Highways Report Years Considered
Figure 5. Global Smart Highways Players Revenue Ranking (2024) & (US$ Million)
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Smart Highways Revenue in 2024
Figure 7. Smart Highways Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 8. Automatic Number Plate Recognition Picture
Figure 9. Lane Departure Warning System Picture
Figure 10. Radio Frequency Identification Picture
Figure 11. Incident Detection System Picture
Figure 12. Global Smart Highways Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 13. Global Smart Highways Sales Value Market Share by Type, 2024 & 2031
Figure 14. Product Picture of Urban Transport
Figure 15. Product Picture of Highway
Figure 16. Product Picture of Other
Figure 17. Global Smart Highways Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 18. Global Smart Highways Sales Value Market Share by Application, 2024 & 2031
Figure 19. North America Smart Highways Sales Value (2020-2031) & (US$ Million)
Figure 20. North America Smart Highways Sales Value by Country (%), 2024 VS 2031
Figure 21. Europe Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 22. Europe Smart Highways Sales Value by Country (%), 2024 VS 2031
Figure 23. Asia Pacific Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 24. Asia Pacific Smart Highways Sales Value by Region (%), 2024 VS 2031
Figure 25. South America Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 26. South America Smart Highways Sales Value by Country (%), 2024 VS 2031
Figure 27. Middle East & Africa Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 28. Middle East & Africa Smart Highways Sales Value by Country (%), 2024 VS 2031
Figure 29. Key Countries/Regions Smart Highways Sales Value (%), (2020-2031)
Figure 30. United States Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 31. United States Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 32. United States Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 33. Europe Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 34. Europe Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 35. Europe Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 36. China Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 37. China Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 38. China Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 39. Japan Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 40. Japan Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 41. Japan Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 42. South Korea Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 43. South Korea Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 44. South Korea Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 45. Southeast Asia Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 46. Southeast Asia Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 47. Southeast Asia Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 48. India Smart Highways Sales Value, (2020-2031) & (US$ Million)
Figure 49. India Smart Highways Sales Value by Type (%), 2024 VS 2031
Figure 50. India Smart Highways Sales Value by Application (%), 2024 VS 2031
Figure 51. Smart Highways Industrial Chain
Figure 52. Smart Highways Manufacturing Cost Structure
Figure 53. Channels of Distribution (Direct Sales, and Distribution)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed
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