US Smart Highway Market Trends, Size, Competitive Analysis and Forecast 2021-2027

 The US smart highway market is anticipated to grow at a CAGR of 14.8% during the forecast period (2021-2027). The increasing government intervention in development of smart highways owing to their offered benefits is a key factor driving the growth of the US smart highway market.  For instance, in September 2020, Colombia’s highway authority Invías has launched a $15 million tender to develop a “smart highway” monitoring network that will cover 2,400km of roads across the country. The contract involves installing 210 surveillance stations that will monitor and report on traffic speeds, emergency information, and data on stolen vehicles and cargo, among other services. 

To Request a Sample of our Report on US Smart Highway Market:  https://www.omrglobal.com/request-sample/us-smart-highway-market

The growing participation from government & transportation authority in development of smart roads is a key factor driving the growth of the smart highway market across the country. Moreover, rapid inclination towards renewable sources of energy to lit traffic lights to reduce carbon emission to further drive the market growth. However, the high cost of intelligent traffic management system, intelligent transportation management, and monitoring systems among others is a major factor that may restrain the growth of the US smart highway market.  

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A full Report of US Smart Highway Market is Available at:  https://www.omrglobal.com/industry-reports/us-smart-highway-market

 Market Coverage

·        The market number available for – 2020-2027

·        Base year- 2020

·        Forecast period- 2021-2027

Segment Covered- 

·        By Technology

·        By Deployment Model

·        By Service

·        Competitive Landscape- ABB Ltd., 3M Co., AT & T Inc., Cisco Systems Inc., IBM Corp. 

US Smart Highway Market Report Segment

 By Technology

·        Intelligent Transportation Management System

·        Intelligent Traffic Management System

·        Communication System

·        Monitoring System

By Deployment Model

·        On-Premise

·        Cloud

By Service

·        Consultancy Services

·        Maintenance & Operational Services

·        Managed Services

Company Profiles 

·        3M Co.

·        ABB Ltd.

·        Alcatel-Lucent S.A.

·        At&T Inc.

·        Cisco Systems, Inc.

·        Honeywell International Inc.

·        Huawei Technologies, Inc.

·        IBM Corp.

·        Intelligent Highway Solutions Inc.

·        Kapsch Group

·        LG CNS Co. Ltd.

·        Schneider Electric SE

·        Siemens AG

·        Xerox Holdings Corp.

Reasons for Buying from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Media Contact:

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Contact Person: Mr. Anurag Tiwari

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