Worldwide Smart Roads and Bridges Market (2016-2022)

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  • Worldwide Smart Roads and Bridges Market – Drivers, Opportunities, Trends, and Forecasts: 2016–2022

    Brief: The introduction of automated vehicles has increased the risk of unpredictability in the smarter world – smart roads and bridges are the addressed solutions for these uncertainties. Smart roads are considered the future roads that assist drivers in understanding the incidents happening on the roads such as traffic congestion, breakdowns, and repair situations in advance. In the same way, smart bridges are those which are technologically advanced and alert the respectable maintenance department for any uncertainties prior to their occurrence.

    The smart roads and bridges market is expected to become one of the emerging markets in the next 5 years. The sensors and GPS trackers are the major end-products being adopted during the construction of smart roads and bridges. This opportunity has resulted in the increase of sensor companies to hugely invest in the technological innovations in the sensor industry. As for now, there is an increased interest by governments for adopting smart technologies in building roads and bridges, offering companies to come up with new innovative ideas to grab the market share and stand out from the competitive industry.

    Products Analysis: Sensors are the major end-products playing a primitive role in building smart roads and bridges. The sensors market will be further segmented into accelerometers, anemometers, temperature sensors, and others. Temperature sensors are having the majority of the market share and are expected to reach $751.2 million by 2022. A number of start-ups are entering the sensors market. Innovations in IoT and increasing R&D investments from big organizations for the enhancements in sensors are also contributing to the growth.

    Market Analysis: According to Infoholic Research, the “Worldwide Smart Roads and Bridges Market” is expected to reach 2,660.0 million by 2022, growing at a CAGR of around 24.1% during the forecast period 2016–2022. Increasing vehicle ownership, growing traffic congestion, unpredictable hazards due to natural calamities are forcing the governments to focus on the development of digital infrastructure. The worldwide increase in the road accidents is one of the major drivers for adopting smart technology in roads and bridges. There is an increased interest among the organizations and major companies are going after the potential in the smart roads and bridges market.

    Technology Analysis: Technology plays a key role in building smart infrastructure. The major technology players are offering innovative solutions for building the most efficient and enhanced roads and bridges for the future. New players are entering the market and key players are acquiring new players who are coming up with innovative technology offerings for the betterment of their product portfolio. The technology market is further segmented into transportation management system, communication system, traffic management system and monitoring system. Currently, transportation is having the major share of the market and is expected to reach $1,093.3 million by 2022, growing at a CAGR of 23.7% during the forecast period 2016–2022.

    Regional Analysis: At present, North America is having the majority of the market share mainly due to advancements in technology and its adoption. The market is in the stagnant state in countries such as the US and Canada. Europe is spending hugely in R&D especially on raw materials and their use. The separation of the UK from the European Union will significantly influence the growth of the market in the region. Developing region such as APAC will be boosting the market growth. Regional government initiatives for developing smart city projects in the region are the main factors contributing to the market growth. MEA region is expected to invest more than $100.00 billion for maintaining the existing and to build new and enhanced infrastructure to serve the developing cities and communities in the region.

    Key players: IBM, Cisco, Alcatel Lucent, Siemens, Kapsch TrafficCom, Accenture, General Electric, Intel, LG CNS, Huawei, CTS and Indra Sistemas and other predominant and niche players.

    Competitive Analysis: The study covers and analyzes the “Worldwide Smart Roads and Bridges” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

    Benefits: The report provides an in-depth analysis of the smart roads and bridges market aiming to bring down the operational cost for the enterprises. The report provides a detailed analysis of the smart roads and bridges in terms of technology, sensors, deployment models and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, government initiatives towards the smart roads and bridges adoption in the upcoming years. In other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the market. This will help the key stakeholders to analyze before investing or expanding the business in this market.

    Key Stakeholders: Device manufacturers, OEMs, network providers, software providers, data security solution vendors, policy makers, standard development organizations, investor community, telecom, university researchers, blog writers, and technology magazines.

     

  • With tables and figures helping analyze worldwide Worldwide Smart Roads and Bridges market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1 Industry Outlook

    1.1 Industry Overview

    1.2 Industry Trends

    1.3 PEST Analysis


    2 Report Outline

    2.1 Report Scope

    2.2 Report Summary

    2.3 Research Methodology

    2.4 Report Assumptions


    3 Market Snapshot

    3.1 Total Addressable Market (TAM)

    3.2 Segmented Addressable Market (SAM)

    3.3 Related Markets

    3.3.1 Smart Grid Market
    3.3.2 Infrastructure Market

    4 Market Outlook

    4.1 Overview

    4.2 Market Definition – Infoholic Research

    4.3 Evolution

    4.4 Ecosystem

    4.5 Market Trends and Impact

    4.6 Market Segmentation

    4.7 Porter 5 (Five) Forces

    5 Market Characteristics

    5.1 Traditional Roads and Bridges vs Smart Roads and Bridges

    5.2 Upcoming Technologies of Smart Roads and Bridges

    5.2.1 Road Markings Glow in the Dark
    5.2.2 Wind-Powered Lights
    5.2.3 Interactive Lights
    5.2.4 Dynamic Paint
    5.2.5 Electric Priority Lane
    5.2.6 Roads with Anti-Icing Capabilities
    5.2.7 Solar Energy Roadways

    5.3 Attributes of Smart Roads and Bridges

    5.3.1 Structural Attributes
    5.3.2 Emotional Attributes

    5.4 Market Dynamics

    5.4.1 Drivers
    5.4.1.1 Increasing traffic congestion
    5.4.1.2 Increasing road accidents and natural calamities
    5.4.1.3 Government initiatives
    5.4.1.4 Integration of IT and infrastructure
    5.4.2 Restraints
    5.4.2.1 High cost
    5.4.2.2 Lack of digital infrastructure
    5.4.2.3 Cyber threat
    5.4.3 Opportunities
    5.4.3.1 Smart cities
    5.4.3.2 IoT involvement in smart infrastructure
    5.4.3.3 Vehicle to vehicle communication
    5.4.4 DRO – Impact Analysis
    5.4.5 Key Stakeholders

    6 Technology: Market Size and Analysis

    6.1 Overview

    6.2 Transportation Management System

    6.2.1 Market Size and Analysis
    6.2.1.1 Automatic number plate recognition (ANPR) system
    6.2.1.2 Incident detection system
    6.2.1.3 Lane departure warning system
    6.2.1.4 RFID

    6.3 Communication System

    6.3.1 Market Size and Analysis
    6.3.1.1 Radio network
    6.3.1.2 Data network
    6.3.1.3 Display System

    6.4 Traffic Management System

    6.4.1 Market Size and Analysis
    6.4.1.1 Real time traffic management system
    6.4.1.2 Global navigation satellite system
    6.4.1.3 Parking management system

    6.5 Monitoring System

    6.5.1 Market Size and Analysis
    6.5.1.1 Weather management
    6.5.1.2 Video surveillance
    6.5.1.3 Traffic measurement

    7 Sensors: Market Size and Analysis

    7.1 Overview

    7.2 Anemometers

    7.2.1 Market Size and Analysis

    7.3 Strain Gauges

    7.3.1 Market Size and Analysis

    7.4 Accelerometers

    7.4.1 Market Size and Analysis

    7.5 Weigh-in-Motion Devices

    7.5.1 Market Size and Analysis

    7.6 Temperature Sensors

    7.6.1 Market Size and Analysis
    7.7 Others
    7.7.1 Market Size and Analysis

    8 Deployment Model: Market Size and Analysis

    8.1 Overview

    8.1.1 On-premise
    8.1.1.1 Advantages and disadvantages
    8.1.2 On-cloud
    8.1.2.1 Advantages and disadvantages

    8.2 On-Premise

    8.2.1 Market Size and Analysis

    8.3 On-Cloud

    8.3.1 Market Size and Analysis

    9 Regions: Market Size and Analysis

    9.1 Overview

    9.2 North America

    9.2.1 Market Size and Analysis
    9.2.2 DRO for North America
    9.2.2.1 US
    9.2.2.2 Canada

    9.3 Europe

    9.3.1 Market Size and Analysis
    9.3.2 DRO for Europe
    9.3.2.1 UK
    9.3.2.2 Germany
    9.3.2.3 France
    9.3.2.4 Netherlands

    9.4 APAC

    9.4.1 Market Size and Analysis
    9.4.2 DRO for APAC
    9.4.2.1 China
    9.4.2.2 India
    9.4.2.3 Japan
    9.4.2.4 ANZ

    9.5 RoW

    9.5.1 Market Size and Analysis
    9.5.2 DRO for RoW
    9.5.2.1 Mexico
    9.5.2.2 Brazil
    9.5.2.3 UAE

    10 On-Going/Up-Coming Projects – Smart Roads and Bridges

    10.1 I-80 SMART Corridor Project, California, US

    10.2 I-5 North Coast Corridor Project, California, US

    10.3 Gordie Howe International Bridge, Canada

    10.4 Mersey Gateway Project, Cheshire, UK

    10.5 A160/A180 Port of Immingham Improvement Project, North East Lincolnshire, UK

    10.6 Hisingsbron Bridge, Gothenburg, Sweden

    10.7 Rohtang Tunnel at Lahaul-Spiti Valley, India
    10.8 Thompsons Road Upgrade Project, Melbourne, Australia
    10.9 Southport-Burleigh Road Network Improvement Project, Queensland, Australia
    10.10 Danjiang Bridge, Taipei, Taiwan

    11 Market Attractiveness

    11.1 Market Attractiveness by Technology

    11.2 Market Attractiveness by Sensors

    11.3 Market Attractiveness by Deployment Model

    11.4 Market Attractiveness by Regions


    12 Competitive Landscape

    12.1 Vendors Assessment

    12.2 IBM

    12.3 Cisco

    12.4 Alcatel-Lucent (Nokia)

    12.5 Siemens

    12.6 Kapsch Trafficcom

    12.7 Other Vendors

    13 Vendor Profiles

    13.1 IBM

    13.1.1 Overview
    13.1.2 Business Unit
    13.1.3 Geographic Revenue
    13.1.4 Business Focus
    13.1.5 SWOT Analysis
    13.1.6 Business Strategy

    13.2 Cisco Systems Inc.

    13.2.1 Overview
    13.2.2 Business Units
    13.2.3 Geographic Revenue
    13.2.4 Business Focus
    13.2.5 SWOT Analysis
    13.2.6 Business Strategy

    13.3 Alcatel-Lucent (Nokia)

    13.3.1 Overview
    13.3.2 Business Units
    13.3.3 Geographic Revenue
    13.3.4 Business Focus
    13.3.5 SWOT Analysis
    13.3.6 Business Strategy

    13.4 Siemens Ltd.

    13.4.1 Overview
    13.4.2 Business Units
    13.4.3 Geographic Revenue
    13.4.4 Business Focus
    13.4.5 SWOT Analysis
    13.4.6 Business Strategy

    13.5 Kapsch Trafficcom

    13.5.1 Overview
    13.5.2 Business Units
    13.5.3 Geographic Revenue
    13.5.4 Business Focus
    13.5.5 SWOT Analysis
    13.5.6 Business Strategy

    14 Key Dominant Vendors

    14.1 Accenture

    14.1.1 Overview
    14.1.2 Accenture Market
    14.1.3 Accenture in Smart Roads and Bridges Market

    14.2 General Electric

    14.2.1 Overview
    14.2.2 General Electric Market
    14.2.3 General Electric in Smart Roads and Bridges Market

    14.3 Intel

    14.3.1 Overview
    14.3.2 Intel Market
    14.3.3 Intel in Smart Roads and Bridges Market

    14.4 LG CNS

    14.4.1 Overview
    14.4.2 LG CNS Market
    14.4.3 LG CNS in Smart Roads and Bridges Market

    14.5 Huawei Technologies Co. Ltd.

    14.5.1 Overview
    14.5.2 Huawei Technologies in Smart Roads

    14.6 CTS Corporation

    14.6.1 Overview
    14.6.2 CTS in Smart Roads
    14.7 Indra Sistemas
    14.7.1 Overview
    14.7.2 Indra Sistemas in Smart Roads
    Annexure
    Abbreviations

     

  • The Worldwide Smart Roads and Bridges Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • IBM
    • Cisco
    • Alcatel Lucent
    • Siemens
    • Kapsch TrafficCom
    • Accenture
    • General Electric
    • Intel
    • LG CNS
    • Huawei
    • CTS Corporation
    • Indra Sistemas.
    By Regions:
      By Type:
        By Application:
        Licensing options
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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