Report details growth trends in intelligent highway technologies

Global changes in highways infrastructure to embed more intelligence and improve safety and mobility are detailed in a new market research report.

Volumes of road traffic are growing globally with an associated escalation in congestion levels which affect mobility and emissions as well as raising concerns for safe motoring. Journey times increase overall affecting productivity and the delivery of goods.

To combat this, the latest advances in Information and Communication Technology (ICT) are being deployed by governments and highways agencies in new road construction projects as well as improvements to existing road infrastructures. These include the deployment of Intelligent Transport Systems (ITS), intelligent road tolling and vehicle-to-infrastructure (V2i) communication systems.

Such intelligent highway technologies enable local authorities to improve traffic flow and remove congestion as well as improve safety and reduce driver frustration through effective traffic management. Examples of such technologies are being deployed frequently in managed motorways with variable speed limits with automatic enforcement systems, lane control and variable message signs to keep motorists informed of changes, delays and expected journey times.

According to the global Intelligent highway technologies market research report 2015 on Intelligent Highway Technologies from Research and Markets, the growth in such systems globally is set to take hold as a result of growing budget allocations for new road construction projects and improvements to existing roads in several countries with several technologies being integrated into highway systems, including electronic toll collection, Automatic Number Plate Recognition (ANPR) and incident detection systems.

The corresponding growth of in-vehicle systems that can communicate with the infrastructure or take input from elements of the infrastructure is expected to drive growth momentum in the market.

Regionally, the USA is stated as having the largest market for such systems with the Asia-Pacific region having the fastest growth with a projected compound annual growth rate (CAGR) of over 20% over the period analysed in the report. Developing nations, predominantly China, will have significant effects on future growth.

The report can be purchased from the Research and Markets site here: Intelligent Highway Technologies – Global Strategic Business Report 2015

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