Global Smart Roads Market Information, By Technology,by Sensor, by Deployment- Forecast 2016-2027

PUNE, MAHARASHTRA, INDIA, July 26, 2016 /EINPresswire.com/ -- Study Objective of Smart Roads Market
To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Smart Roads Market
To provide insights about factors affecting the market growth
To analyze the hydroponics market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by technology, by sensors, by deployment and sub-segments.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 145 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Smart Roads Market Forecast to 2027"

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Market Scenario
World is becoming smarter and with the introduction of automated vehicles, risk of uncertainty is also increasing. Smart Road is an option to this problem. Smart roads guide the drivers of any object which is in front of him or he’s not able to see. It will signal the vehicle about any possible incident which can occur. This roads are equipped with advance sensors and technological equipment’s and help the driver to travel without any worries. Currently smart road market has been valued at US $XX million and growing with the CAGR of XX%. As the technology is growing and government is taking part for making their roads more safer, it is expected that smart market will reach the market size of US $XX billion by the end of forecasted period.

Market Segmentation
Segmentation Technology: Transportation and communication systems (ANPR- Automatic Number Plate Recognition, Lane warning/keeping systems, Wireless Radio Communication), Traffic Management System (GPS and Advanced Traffic Management System)
Segmentation by Sensor: Anemometers, strain gauges, accelerometers, weigh-in-motion devices, temperature sensors among others.
Segmentation by Deployment: On-Premise & On-Cloud

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Key players
The prominent players in the market of Smart Road are- Alcatel Lucent (France), Kapsch AG (Austria), Indra Sistemas, S.A. (Madrid), LG CNS (South Korea), Siemens AG (Germany), Cisco (U.S.), Kapsch TrafficCom (Austria), Xerox Corporation (U.S.), Huawei (China) among others.


Industry News
• In May 2016, Huawei announced the collaboration with Dubai Police to make the road safer with the help of advance technology.
• In April 2016, Kapsch TrafficCom announced the acquisition of Schneider Electric’s Transportation Business which is a provider of real time IT solutions and one of the best intelligent transportation systems.
• In October 2016, Siemens AG announced the collaboration with Cohda Wireless to work together on smart road project.

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