Intelligent Highway Technologies Market Estimated to Record Growth with Advancement in Smart Car Adoption

Published on : Sep 12, 2018

Albany, New York, September 12, 2018: Advances in smart traffic management in the interest of safe transit encompassing various modes of transport has attained sizable traction. Need to limit pitfalls in traffic congestion coupled with imminent ubiquity of smart cars has encouraged adoption of a host of intelligent services, thus ushering growth in intelligent highway technologies market. Market Research Hub (MRH) in its recent research report, ‘Global Intelligent Highway Technologies Market Size, Status and Forecast 2018-2025’ imparts significant light on current advances and their corresponding impact on the growth of intelligent highway technologies market.

Innovation in Technologies Remains Quintessential for Growth of Intelligent Highway Technologies Market

Leading giants in smart technology highway market are investing thoroughly in enhancement of advanced navigation systems, telematics, and location determination features to spearhead novel growth roadmap in intelligent highway technologies market.

Indra Bags Contract to Develop Cloud based Intelligent Highway

In a significant development in intelligent highway technologies market, Spanish company Indra has recently bagged a contract deal from Highways England for the deployment of cloud-based management system for a range of tunnels as part of intelligent highways model. The opportunity is expected to harness new growth possibilities and position Indra favorably on the growth trajectory of intelligent highways technologies market.

Detailed overview of research elements included in the report allow readers to comprehend the impact of segments in triggering growth in intelligent highway technologies market, besides allowing readers to identify maximum revenue initiator in intelligent highway technologies market. According to research components, the report identifies type and applications as core segments attributed to intelligent highway technologies market.  in terms of type, intelligent highway technologies market is categorized as smart transportation management system, smart traffic management system, smart communication system, and smart monitoring system. Based on application, intelligent highway technologies market is classified as government and commercial.

Additionally, the report also entails vital understanding on regional segmentation of intelligent highway technologies market, based on which the market is split as Europe, Central and South America, Southeast Asia, China, Japan, India, and United States. This section depicts various marketing tactics and tools administered by core market players across regions and their resultant impact on market growth and end-user response.

Intelligent Highway Technologies Market: Key Players

Based on thorough research elements, this section of the report allows readers to gauge the efficacies of marketing tactics in fostering increased growth as well as their effectiveness in enticing end-user response such as their buying discretion. Market players can engage in through analytical review of these strategies to attain pertinent market insights based on which market players can facilitate lucrative investment decisions. Core players identified in intelligent highway technologies market include, Indra, Siemens, Kapsch, LG, CISCO, and Huawei Technologies amongst others.

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