Boston, MA -- (SBWIRE) -- 06/28/2017 -- Smart highway construction aims to incorporate technologies to make highway roads safer, smarter, and more energy efficient; and to generate electricity by harnessing solar, wind, and vibration energy. The electricity, so produced, can be utilized to charge electric vehicles, power street lamps, and can be used to power traffic monitoring systems.

Technavio's analysts forecast the global smart highway construction market to grow at a CAGR of 93.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart highway construction market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Get More Details on this Report and a Full Table of Contents at Global Smart Highway Construction Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Smart Highway Construction Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Continental Engineering
-Heijmans
-Nippon Koei
-Transstroy
-VINCI Construction

Other prominent vendors

-ABB
-Alcatel-Lucent
-Cisco
-Colas
-Huawei Technologies
-IBM
-Indra
-Kapsch Group
-LG CNS
-Schneider Electric
-Siemens
-Solar Roadways
-Studio Roosegaarde
-Xerox Corporation

Market driver

-Rising trend of smart cities
-For a full, detailed list, view our report

Market challenge

-High cost of installation
-For a full, detailed list, view our report

Market trend

-Smart concepts for smart highways
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Continental Engineering, Heijmans, Nippon Koei, Transstroy, VINCI Construction, ABB, Alcatel-Lucent, Cisco, Colas, Huawei Technologies, IBM, Indra, Kapsch Group, LG CNS, Schneider Electric, Siemens, Solar Roadways, Studio Roosegaarde and Xerox Corporation

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