Market Overview:
The Global Solar Expressway Monitoring System Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for solar expressways across the globe. Additionally, factors such as rising concerns over safety and security, and growing awareness about the benefits of solar expressways are also contributing to the market growth. The global solar expressway monitoring system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into speed monitoring, video surveillance, meteorological monitoring, and others. The video surveillance segment accounts for a major share in terms of revenue in 2017 owing to its ability to provide real-time information about accidents or incidents on highways. By application, it is classified into controlled-access highway (CAH), limited-access road (LAR), and others segments. CAH dominates this market due to its increasing popularity among governments for managing traffic congestion in urban areas.
Product Definition:
Solar Expressway Monitoring System is a system used to monitor the condition of solar panels installed on a highway or other public road. The importance of Solar Expressway Monitoring System is that it helps ensure that the solar panels are functioning properly and generating energy as intended.
Speed Monitoring:
Speed monitoring is the process of measuring the speed of a vehicle. It is used in traffic management to control and regulate traffic flow on roads. The data obtained from these systems helps in planning, designing, and controlling road infrastructure projects for better vehicular movement on highways as well as city roads.
The global speed monitoring system market size was valued at USD 1,849.1 million in 2016.
Video Surveillance:
Video surveillance is a process of observing or recording the target object continuously for a certain period with the help of video cameras. It is used in solar expressway monitoring system to observe and record any illegal act that may take place on solar expressways such as destruction, damage, parking etc.
The main purpose of using video surveillance is to capture images and evidence at regular intervals which can be later used for legal purposes.
Application Insights:
The controlled-access highway segment dominated the global solar expressway monitoring system market in terms of revenue share in 2017. The segment is expected to maintain its dominance over the forecast period owing to factors such as high investment by governments for developing and expanding their networks, growing emphasis on reducing traffic congestion along with a rise in demand for electric vehicles.
Solar expressways are being developed across various countries including China, India, Saudi Arabia and the U.S., which is anticipated to boost industry growth over the forecast period. Controlled-access highways are majorly used for long distance travel; therefore they have higher requirements of surveillance systems compared to other roads where there is more traffic or pedestrians frequenting areas near roadwaysides.
The others application segment includes rural roads.
Regional Analysis:
Asia Pacific regional solar expressway monitoring system market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing road infrastructure in countries such as China and India, which has led to an increase in the number of accidents. The Chinese government has taken several initiatives such as “Construction Safety Promotion Law†and “Construction Safety Supervision- enforcement Regulations†for ensuring workplace safety during construction activities, thereby driving the demand for solar expressways monitoring systems in this region.
The North American regional market accounted for a significant share owing to early adoption of technologies across various industries by companies based in U.S., thus leading them towards technological advancements resulting into new product launches across all segments including automotive, aerospace & defense, building & construction etcetera.
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing concerns about climate change and rising electricity costs. This is expected to drive the growth of the Solar Expressway Monitoring System market in the coming years.
- Government initiatives and subsidies: Governments across the globe are promoting solar energy through various initiatives and subsidies, which is expected to boost the adoption of Solar Expressway Monitoring Systems in the coming years.
- Declining prices of solar panels: The prices of solar panels are declining rapidly due to advancements in technology and increased production capacity, which is likely to boost demand for Solar Expressway Monitoring Systems in the near future.
- Growing awareness about benefits of solar energy: There is a growing awareness about the benefits of using solar energy among consumers, which is likely to propel growth prospects for Solar Expressway Monitoring Systems market in upcoming years . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Expressway Monitoring System Market Research Report
By Type
Speed Monitoring, Video Surveillance, Meteorological Monitoring, Others
By Application
Controlled-access Highway, Limited-access Road, Others
By Companies
Swarco, Siemens, Sumitomo, Flir Systems, Jenoptik AG, LG CNS, Iteris, Truvelo Manufacturers, Traffic Technology Ltd, Himin Solar Co. Ltd, Swarco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Solar Expressway Monitoring System Market Report Segments:
The global Solar Expressway Monitoring System market is segmented on the basis of:
Types
Speed Monitoring, Video Surveillance, Meteorological Monitoring, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Controlled-access Highway, Limited-access Road, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Swarco
- Siemens
- Sumitomo
- Flir Systems
- Jenoptik AG
- LG CNS
- Iteris
- Truvelo Manufacturers
- Traffic Technology Ltd
- Himin Solar Co. Ltd
- Swarco
Highlights of The Solar Expressway Monitoring System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Speed Monitoring
- Video Surveillance
- Meteorological Monitoring
- Others
- By Application:
- Controlled-access Highway
- Limited-access Road
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Expressway Monitoring System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solar Expressway Monitoring System is a system that monitors the condition of solar expressways. The system collects data on weather, traffic, and other factors to help officials make decisions about how to best maintain the expressways.
Some of the key players operating in the solar expressway monitoring system market are Swarco, Siemens, Sumitomo, Flir Systems, Jenoptik AG, LG CNS, Iteris, Truvelo Manufacturers, Traffic Technology Ltd, Himin Solar Co. Ltd, Swarco.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Expressway Monitoring System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Solar Expressway Monitoring System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Expressway Monitoring System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Solar Expressway Monitoring System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Solar Expressway Monitoring System Market Size & Forecast, 2018-2028
4.5.1 Solar Expressway Monitoring System Market Size and Y-o-Y Growth
4.5.2 Solar Expressway Monitoring System Market Absolute $ Opportunity
Chapter 5 Global Solar Expressway Monitoring System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Solar Expressway Monitoring System Market Size Forecast by Type
5.2.1 Speed Monitoring
5.2.2 Video Surveillance
5.2.3 Meteorological Monitoring
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solar Expressway Monitoring System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Solar Expressway Monitoring System Market Size Forecast by Applications
6.2.1 Controlled-access Highway
6.2.2 Limited-access Road
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Expressway Monitoring System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solar Expressway Monitoring System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Solar Expressway Monitoring System Analysis and Forecast
9.1 Introduction
9.2 North America Solar Expressway Monitoring System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Solar Expressway Monitoring System Market Size Forecast by Type
9.6.1 Speed Monitoring
9.6.2 Video Surveillance
9.6.3 Meteorological Monitoring
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Solar Expressway Monitoring System Market Size Forecast by Applications
9.10.1 Controlled-access Highway
9.10.2 Limited-access Road
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Solar Expressway Monitoring System Analysis and Forecast
10.1 Introduction
10.2 Europe Solar Expressway Monitoring System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Solar Expressway Monitoring System Market Size Forecast by Type
10.6.1 Speed Monitoring
10.6.2 Video Surveillance
10.6.3 Meteorological Monitoring
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Solar Expressway Monitoring System Market Size Forecast by Applications
10.10.1 Controlled-access Highway
10.10.2 Limited-access Road
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Solar Expressway Monitoring System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solar Expressway Monitoring System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Solar Expressway Monitoring System Market Size Forecast by Type
11.6.1 Speed Monitoring
11.6.2 Video Surveillance
11.6.3 Meteorological Monitoring
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Solar Expressway Monitoring System Market Size Forecast by Applications
11.10.1 Controlled-access Highway
11.10.2 Limited-access Road
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Solar Expressway Monitoring System Analysis and Forecast
12.1 Introduction
12.2 Latin America Solar Expressway Monitoring System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Solar Expressway Monitoring System Market Size Forecast by Type
12.6.1 Speed Monitoring
12.6.2 Video Surveillance
12.6.3 Meteorological Monitoring
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Solar Expressway Monitoring System Market Size Forecast by Applications
12.10.1 Controlled-access Highway
12.10.2 Limited-access Road
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Solar Expressway Monitoring System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solar Expressway Monitoring System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Solar Expressway Monitoring System Market Size Forecast by Type
13.6.1 Speed Monitoring
13.6.2 Video Surveillance
13.6.3 Meteorological Monitoring
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Solar Expressway Monitoring System Market Size Forecast by Applications
13.10.1 Controlled-access Highway
13.10.2 Limited-access Road
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solar Expressway Monitoring System Market: Competitive Dashboard
14.2 Global Solar Expressway Monitoring System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Swarco
14.3.2 Siemens
14.3.3 Sumitomo
14.3.4 Flir Systems
14.3.5 Jenoptik AG
14.3.6 LG CNS
14.3.7 Iteris
14.3.8 Truvelo Manufacturers
14.3.9 Traffic Technology Ltd
14.3.10 Himin Solar Co. Ltd
14.3.11 Swarco
