Smart Roads Companies
Smart roads companies implement technology in road infrastructure to enhance safety, traffic management, and overall efficiency. This can include features such as smart traffic lights, sensors, and communication systems.
Smart roads companies implement technology in road infrastructure to enhance safety, traffic management, and overall efficiency. This can include features such as smart traffic lights, sensors, and communication systems.
Competitive Landscape of the Smart Roads Market
This intricate landscape is teeming with established giants and nimble startups, all vying for a piece of the asphalt. Analyzing their strategies, market share determinants, and emerging trends is crucial for comprehending the dynamic competitive environment. The smart roads market is paving the way for a safer, more efficient, and sustainable transportation future. Understanding the current competitive landscape, its key players, and their evolving strategies will be crucial for those aiming to be part of this transformative journey.
Some of the Smart Lighting companies listed below:
Strategies Adopted by Key Players:
Factors for Market Share Analysis:
Latest Company Updates:
Apr. 29, 2022- Smart infrastructure technology provider Integrated Roadways, announced Lenexa, Kansas' approval of a $250 MN pilot program. Lenexa could be the first US city where smart pavement technology will provide wireless charging for electric vehicles. The first phase of the pilot includes the deployment of Integrated Roadways' patented Smart Pavement technology at five key intersections within the city's central hub.
Apr. 03, 2023- DERQ announced the development of an AI smart road technology to prevent collisions by tracking vehicle and pedestrian patterns. The new technology uses software and sensors integrated with traffic lights and intersection infrastructure to help eliminate the chances of collisions between vehicles and pedestrians. This platform collects information from existing infrastructure and uses cameras & radar to track the movement of vehicles through an intersection.
Jan.22, 2023- Israeli wireless smart road tech startup Electreon announced raising ($11.8 million to bid in a smart road electric tender in Sweden. Electreon passes pre-screening for tender to build Sweden's first electric road along 42 kms, the longest stretch in the world. The startup has been developing a wireless charging infrastructure to power electric vehicles.
Smart Roads Market Highlights:
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