Market Overview:
The global smart motorway market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for intelligent transportation systems (ITS) and the rising need for safety and security on highways. By type, the controlled motorways segment is expected to lead the global smart motorway market during the forecast period, owing to its ability to manage traffic congestion and improve safety on highways. By application, urban transport is expected to be one of the fastest-growing segments in this market during the forecast period, owing to increasing population density in cities and growing investments in public transportation infrastructure worldwide.
Product Definition:
A smart motorway is a roadway where the use of active traffic management techniques are used to manage the flow of traffic. These techniques can include variable speed limits, lane closures, and hard shoulder running. The purpose of a smart motorway is to optimize the capacity and efficiency of the roadway by managing the demand for space on it.
Controlled Motorways:
Controlled motorways are a set of roadways that allow the traffic to move in both directions, with the help of electronic signs and barriers. These highways have speed limits displayed on digital boards along with zebra crossing signs. The highway is divided into two sections, namely controlled section and uncontrolled section. The controlled motorway has entry and exit points where barrier controls separate the vehicles moving in each direction.
Dynamic Hard Shoulder Running Schemes:
The European Union has been funding several R&D projects on the usage of dynamic hard shoulder running schemes. The main purpose is to reduce traffic congestion on motorways and enhance user safety by reducing the distance drivers have to come off the road.
These schemes are being implemented in several countries across Europe, such as Germany, France, Spain and Italy among others.
Application Insights:
The application segment is segregated into an urban transport, a highway and others. The other applications include marine, railway and logistics. The urban transport segment dominated the overall market in terms of revenue share in 2017 owing to various advantages offered by SMM systems such as real-time traffic information; travel time estimates; weather forecast; lane departure warning system etc. These factors are likely to increase the popularity of SMM systems for motorways across various regions over the coming years.
The highway segment is expected to grow at a CAGR of XX% from 2018 to 2030 due mainly to increasing government expenditure on infrastructure development particularly in emerging economies such as China, India and Brazil which are major markets for smart motorways globally. Furthermore, countries such as Australia have made significant investments towards developing their national highways which will further boost growth on account of increased usage of smart motorways on highways across various regions globally over the coming years (Ref: Intelligent Transportation Systems World Report).
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of prominent players such as AECOM, Gran Via, and Detmold WSC Group that are actively investing in smart motorway projects across Europe. The region is expected to continue its dominance over the forecast period owing to ongoing investments and favorable government policies for urban transport infrastructure development.
Asia Pacific is anticipated to witness significant growth from 2018 to 2030 due rising population and increasing per capita income levels which will lead towards an increase in travel demand on account of rise opportunities for business meetings or personal trips within cities as well as across cities thereby driving traffic on main roads including highways hence necessitating construction of smart motorways.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Rising concerns over traffic congestion and environmental pollution
- Government initiatives to promote the use of electric vehicles
- Proliferation of autonomous driving technology
- Development of smart transportation infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Motorway Market Research Report
By Type
Controlled Motorways, Dynamic Hard Shoulder Running Schemes, All Lane Running Schemes, Smart Motorwa
By Application
Urban Transport, Highway, Others
By Companies
Alcatel-Lucent, Indra Infrastructures, Siemens, Kapsch, LG CSN, Cisco Systems, IBM, Schneider Electric, Xerox, Huawei Technologies, Smart Motorwa
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Smart Motorway Market Report Segments:
The global Smart Motorway market is segmented on the basis of:
Types
Controlled Motorways, Dynamic Hard Shoulder Running Schemes, All Lane Running Schemes, Smart Motorwa
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
Urban Transport, Highway, 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:
- Alcatel-Lucent
- Indra Infrastructures
- Siemens
- Kapsch
- LG CSN
- Cisco Systems
- IBM
- Schneider Electric
- Xerox
- Huawei Technologies
- Smart Motorwa
Highlights of The Smart Motorway 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:
- Controlled Motorways
- Dynamic Hard Shoulder Running Schemes
- All Lane Running Schemes
- Smart Motorwa
- By Application:
- Urban Transport
- Highway
- 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 Smart Motorway 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.
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- Correctly Positioning New 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?
Smart Motorway is a project that will see the construction of a motorway in the Netherlands that will be able to communicate with other road networks and vehicles, using sensors and software. This should allow traffic to flow more smoothly and efficiently, reducing congestion and improving safety.
Some of the key players operating in the smart motorway market are Alcatel-Lucent, Indra Infrastructures, Siemens, Kapsch, LG CSN, Cisco Systems, IBM, Schneider Electric, Xerox, Huawei Technologies, Smart Motorwa.
The smart motorway market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Motorway Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Motorway Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Motorway Market - Supply Chain
4.5. Global Smart Motorway Market Forecast
4.5.1. Smart Motorway Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Motorway Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Motorway Market Absolute $ Opportunity
5. Global Smart Motorway Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Motorway Market Size and Volume Forecast by Type
5.3.1. Controlled Motorways
5.3.2. Dynamic Hard Shoulder Running Schemes
5.3.3. All Lane Running Schemes
5.3.4. Smart Motorwa
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Motorway Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Motorway Market Size and Volume Forecast by Application
6.3.1. Urban Transport
6.3.2. Highway
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Motorway Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Motorway Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Motorway Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Motorway Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Motorway Demand Share Forecast, 2019-2026
9. North America Smart Motorway Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Motorway Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Motorway Market Size and Volume Forecast by Application
9.4.1. Urban Transport
9.4.2. Highway
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Motorway Market Size and Volume Forecast by Type
9.7.1. Controlled Motorways
9.7.2. Dynamic Hard Shoulder Running Schemes
9.7.3. All Lane Running Schemes
9.7.4. Smart Motorwa
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Motorway Demand Share Forecast, 2019-2026
10. Latin America Smart Motorway Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Motorway Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Motorway Market Size and Volume Forecast by Application
10.4.1. Urban Transport
10.4.2. Highway
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Motorway Market Size and Volume Forecast by Type
10.7.1. Controlled Motorways
10.7.2. Dynamic Hard Shoulder Running Schemes
10.7.3. All Lane Running Schemes
10.7.4. Smart Motorwa
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Motorway Demand Share Forecast, 2019-2026
11. Europe Smart Motorway Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Motorway Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Motorway Market Size and Volume Forecast by Application
11.4.1. Urban Transport
11.4.2. Highway
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Motorway Market Size and Volume Forecast by Type
11.7.1. Controlled Motorways
11.7.2. Dynamic Hard Shoulder Running Schemes
11.7.3. All Lane Running Schemes
11.7.4. Smart Motorwa
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y--Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Motorway Demand Share, 2019-2026
12. Asia Pacific Smart Motorway Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Motorway Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Motorway Market Size and Volume Forecast by Application
12.4.1. Urban Transport
12.4.2. Highway
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Motorway Market Size and Volume Forecast by Type
12.7.1. Controlled Motorways
12.7.2. Dynamic Hard Shoulder Running Schemes
12.7.3. All Lane Running Schemes
12.7.4. Smart Motorwa
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Motorway Demand Share, 2019-2026
13. Middle East & Africa Smart Motorway Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Motorway Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Motorway Market Size and Volume Forecast by Application
13.4.1. Urban Transport
13.4.2. Highway
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Motorway Market Size and Volume Forecast by Type
13.7.1. Controlled Motorways
13.7.2. Dynamic Hard Shoulder Running Schemes
13.7.3. All Lane Running Schemes
13.7.4. Smart Motorwa
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Motorway Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Motorway Market: Market Share Analysis
14.2. Smart Motorway Distributors and Customers
14.3. Smart Motorway Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcatel-Lucent
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Indra Infrastructures
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kapsch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG CSN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cisco Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IBM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schneider Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xerox
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huawei Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Smart Motorwa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
