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Service & Software Global Smart Roads Market 2025 by Company, Regions, Type and Application, Forecast to 2031

  • RnM4656875
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 137 Pages
    • |
  • GIR
    • |
  • Service & Software

According to our (Global Info Research) latest study, the global Smart Roads market size was valued at US$ 13840 million in 2024 and is forecast to a readjusted size of USD 22330 million by 2031 with a CAGR of 7.2% during review period.
Smart roads refer to an innovative concept in transportation infrastructure that leverages advanced technologies to enhance safety, efficiency, and sustainability on roadways. These intelligent road systems integrate various cutting-edge features to create a more responsive and adaptable environment for drivers and vehicles. One key element of a smart road is the incorporation of smart sensors and cameras, along with the road network to collect real-time data on traffic flow, weather conditions, and road hazards. This data is then analyzed and processed by intelligent systems, enabling automated traffic management and predictive maintenance. Smart roads often include dynamic lane markings and signage that can adjust according to changing traffic conditions, providing real-time guidance to drivers and optimizing lane usage. Additionally, advanced communication systems enable vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) connectivity, fostering cooperative driving and collision avoidance. Beyond the immediate benefits to drivers and commuters, smart roads also contribute to sustainability efforts by optimizing energy consumption through smart lighting and utilizing renewable energy sources. By incorporating smart charging infrastructure for electric vehicles, these roads promote eco-friendly transportation alternatives.
Global key players of Smart Roads include Mundys (Yunex Traffic), Swarco Holding, Huawei, Sumitomo Electric, Cisco, etc. The top five players hold a share over 32%. China is the largest market, and has a share about 34%, followed by Europe and Americas with share 31% and 18%, separately. In terms of product type, Hardware is the largest segment, occupied for a share of 63%. In terms of application, Urban Traffic has a share about 52 percent.
This report is a detailed and comprehensive analysis for global Smart Roads market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Smart Roads market size and forecasts, in consumption value ($ Million), 2020-2031
Global Smart Roads market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Smart Roads market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Smart Roads market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Roads
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Roads market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mundys (Yunex Traffic), Swarco Holding, Huawei, Sumitomo Electric, Cisco, Kapsch, Nippon Signal, Hisense Transtech, Intel, Almaviva, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Smart Roads market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Software
Hardware
Market segment by Application
Urban Traffic
Highway
Bridges and Tunnels
Others
Market segment by players, this report covers
Mundys (Yunex Traffic)
Swarco Holding
Huawei
Sumitomo Electric
Cisco
Kapsch
Nippon Signal
Hisense Transtech
Intel
Almaviva
Q-FREE
IBM
Lianyungang JARI Electronics
MOVYON
Indra Sistemas
LG CNS
Vaisala
Econolite
Alcatel Lucent
Valerann
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Roads product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Roads, with revenue, gross margin, and global market share of Smart Roads from 2020 to 2025.
Chapter 3, the Smart Roads competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Roads market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Roads.
Chapter 13, to describe Smart Roads research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Smart Roads by Type
    • 1.3.1 Overview: Global Smart Roads Market Size by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Global Smart Roads Consumption Value Market Share by Type in 2024
    • 1.3.3 Software
    • 1.3.4 Hardware
  • 1.4 Global Smart Roads Market by Application
    • 1.4.1 Overview: Global Smart Roads Market Size by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Urban Traffic
    • 1.4.3 Highway
    • 1.4.4 Bridges and Tunnels
    • 1.4.5 Others
  • 1.5 Global Smart Roads Market Size & Forecast
  • 1.6 Global Smart Roads Market Size and Forecast by Region
    • 1.6.1 Global Smart Roads Market Size by Region: 2020 VS 2024 VS 2031
    • 1.6.2 Global Smart Roads Market Size by Region, (2020-2031)
    • 1.6.3 North America Smart Roads Market Size and Prospect (2020-2031)
    • 1.6.4 Europe Smart Roads Market Size and Prospect (2020-2031)
    • 1.6.5 Asia-Pacific Smart Roads Market Size and Prospect (2020-2031)
    • 1.6.6 South America Smart Roads Market Size and Prospect (2020-2031)
    • 1.6.7 Middle East & Africa Smart Roads Market Size and Prospect (2020-2031)

2 Company Profiles

  • 2.1 Mundys (Yunex Traffic)
    • 2.1.1 Mundys (Yunex Traffic) Details
    • 2.1.2 Mundys (Yunex Traffic) Major Business
    • 2.1.3 Mundys (Yunex Traffic) Smart Roads Product and Solutions
    • 2.1.4 Mundys (Yunex Traffic) Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Mundys (Yunex Traffic) Recent Developments and Future Plans
  • 2.2 Swarco Holding
    • 2.2.1 Swarco Holding Details
    • 2.2.2 Swarco Holding Major Business
    • 2.2.3 Swarco Holding Smart Roads Product and Solutions
    • 2.2.4 Swarco Holding Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Swarco Holding Recent Developments and Future Plans
  • 2.3 Huawei
    • 2.3.1 Huawei Details
    • 2.3.2 Huawei Major Business
    • 2.3.3 Huawei Smart Roads Product and Solutions
    • 2.3.4 Huawei Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Huawei Recent Developments and Future Plans
  • 2.4 Sumitomo Electric
    • 2.4.1 Sumitomo Electric Details
    • 2.4.2 Sumitomo Electric Major Business
    • 2.4.3 Sumitomo Electric Smart Roads Product and Solutions
    • 2.4.4 Sumitomo Electric Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Sumitomo Electric Recent Developments and Future Plans
  • 2.5 Cisco
    • 2.5.1 Cisco Details
    • 2.5.2 Cisco Major Business
    • 2.5.3 Cisco Smart Roads Product and Solutions
    • 2.5.4 Cisco Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Cisco Recent Developments and Future Plans
  • 2.6 Kapsch
    • 2.6.1 Kapsch Details
    • 2.6.2 Kapsch Major Business
    • 2.6.3 Kapsch Smart Roads Product and Solutions
    • 2.6.4 Kapsch Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Kapsch Recent Developments and Future Plans
  • 2.7 Nippon Signal
    • 2.7.1 Nippon Signal Details
    • 2.7.2 Nippon Signal Major Business
    • 2.7.3 Nippon Signal Smart Roads Product and Solutions
    • 2.7.4 Nippon Signal Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Nippon Signal Recent Developments and Future Plans
  • 2.8 Hisense Transtech
    • 2.8.1 Hisense Transtech Details
    • 2.8.2 Hisense Transtech Major Business
    • 2.8.3 Hisense Transtech Smart Roads Product and Solutions
    • 2.8.4 Hisense Transtech Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Hisense Transtech Recent Developments and Future Plans
  • 2.9 Intel
    • 2.9.1 Intel Details
    • 2.9.2 Intel Major Business
    • 2.9.3 Intel Smart Roads Product and Solutions
    • 2.9.4 Intel Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Intel Recent Developments and Future Plans
  • 2.10 Almaviva
    • 2.10.1 Almaviva Details
    • 2.10.2 Almaviva Major Business
    • 2.10.3 Almaviva Smart Roads Product and Solutions
    • 2.10.4 Almaviva Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Almaviva Recent Developments and Future Plans
  • 2.11 Q-FREE
    • 2.11.1 Q-FREE Details
    • 2.11.2 Q-FREE Major Business
    • 2.11.3 Q-FREE Smart Roads Product and Solutions
    • 2.11.4 Q-FREE Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Q-FREE Recent Developments and Future Plans
  • 2.12 IBM
    • 2.12.1 IBM Details
    • 2.12.2 IBM Major Business
    • 2.12.3 IBM Smart Roads Product and Solutions
    • 2.12.4 IBM Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 IBM Recent Developments and Future Plans
  • 2.13 Lianyungang JARI Electronics
    • 2.13.1 Lianyungang JARI Electronics Details
    • 2.13.2 Lianyungang JARI Electronics Major Business
    • 2.13.3 Lianyungang JARI Electronics Smart Roads Product and Solutions
    • 2.13.4 Lianyungang JARI Electronics Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Lianyungang JARI Electronics Recent Developments and Future Plans
  • 2.14 MOVYON
    • 2.14.1 MOVYON Details
    • 2.14.2 MOVYON Major Business
    • 2.14.3 MOVYON Smart Roads Product and Solutions
    • 2.14.4 MOVYON Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 MOVYON Recent Developments and Future Plans
  • 2.15 Indra Sistemas
    • 2.15.1 Indra Sistemas Details
    • 2.15.2 Indra Sistemas Major Business
    • 2.15.3 Indra Sistemas Smart Roads Product and Solutions
    • 2.15.4 Indra Sistemas Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Indra Sistemas Recent Developments and Future Plans
  • 2.16 LG CNS
    • 2.16.1 LG CNS Details
    • 2.16.2 LG CNS Major Business
    • 2.16.3 LG CNS Smart Roads Product and Solutions
    • 2.16.4 LG CNS Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 LG CNS Recent Developments and Future Plans
  • 2.17 Vaisala
    • 2.17.1 Vaisala Details
    • 2.17.2 Vaisala Major Business
    • 2.17.3 Vaisala Smart Roads Product and Solutions
    • 2.17.4 Vaisala Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Vaisala Recent Developments and Future Plans
  • 2.18 Econolite
    • 2.18.1 Econolite Details
    • 2.18.2 Econolite Major Business
    • 2.18.3 Econolite Smart Roads Product and Solutions
    • 2.18.4 Econolite Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Econolite Recent Developments and Future Plans
  • 2.19 Alcatel Lucent
    • 2.19.1 Alcatel Lucent Details
    • 2.19.2 Alcatel Lucent Major Business
    • 2.19.3 Alcatel Lucent Smart Roads Product and Solutions
    • 2.19.4 Alcatel Lucent Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Alcatel Lucent Recent Developments and Future Plans
  • 2.20 Valerann
    • 2.20.1 Valerann Details
    • 2.20.2 Valerann Major Business
    • 2.20.3 Valerann Smart Roads Product and Solutions
    • 2.20.4 Valerann Smart Roads Revenue, Gross Margin and Market Share (2020-2025)
    • 2.20.5 Valerann Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Smart Roads Revenue and Share by Players (2020-2025)
  • 3.2 Market Share Analysis (2024)
    • 3.2.1 Market Share of Smart Roads by Company Revenue
    • 3.2.2 Top 3 Smart Roads Players Market Share in 2024
    • 3.2.3 Top 6 Smart Roads Players Market Share in 2024
  • 3.3 Smart Roads Market: Overall Company Footprint Analysis
    • 3.3.1 Smart Roads Market: Region Footprint
    • 3.3.2 Smart Roads Market: Company Product Type Footprint
    • 3.3.3 Smart Roads Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Smart Roads Consumption Value and Market Share by Type (2020-2025)
  • 4.2 Global Smart Roads Market Forecast by Type (2026-2031)

5 Market Size Segment by Application

  • 5.1 Global Smart Roads Consumption Value Market Share by Application (2020-2025)
  • 5.2 Global Smart Roads Market Forecast by Application (2026-2031)

6 North America

  • 6.1 North America Smart Roads Consumption Value by Type (2020-2031)
  • 6.2 North America Smart Roads Market Size by Application (2020-2031)
  • 6.3 North America Smart Roads Market Size by Country
    • 6.3.1 North America Smart Roads Consumption Value by Country (2020-2031)
    • 6.3.2 United States Smart Roads Market Size and Forecast (2020-2031)
    • 6.3.3 Canada Smart Roads Market Size and Forecast (2020-2031)
    • 6.3.4 Mexico Smart Roads Market Size and Forecast (2020-2031)

7 Europe

  • 7.1 Europe Smart Roads Consumption Value by Type (2020-2031)
  • 7.2 Europe Smart Roads Consumption Value by Application (2020-2031)
  • 7.3 Europe Smart Roads Market Size by Country
    • 7.3.1 Europe Smart Roads Consumption Value by Country (2020-2031)
    • 7.3.2 Germany Smart Roads Market Size and Forecast (2020-2031)
    • 7.3.3 France Smart Roads Market Size and Forecast (2020-2031)
    • 7.3.4 United Kingdom Smart Roads Market Size and Forecast (2020-2031)
    • 7.3.5 Russia Smart Roads Market Size and Forecast (2020-2031)
    • 7.3.6 Italy Smart Roads Market Size and Forecast (2020-2031)

8 Asia-Pacific

  • 8.1 Asia-Pacific Smart Roads Consumption Value by Type (2020-2031)
  • 8.2 Asia-Pacific Smart Roads Consumption Value by Application (2020-2031)
  • 8.3 Asia-Pacific Smart Roads Market Size by Region
    • 8.3.1 Asia-Pacific Smart Roads Consumption Value by Region (2020-2031)
    • 8.3.2 China Smart Roads Market Size and Forecast (2020-2031)
    • 8.3.3 Japan Smart Roads Market Size and Forecast (2020-2031)
    • 8.3.4 South Korea Smart Roads Market Size and Forecast (2020-2031)
    • 8.3.5 India Smart Roads Market Size and Forecast (2020-2031)
    • 8.3.6 Southeast Asia Smart Roads Market Size and Forecast (2020-2031)
    • 8.3.7 Australia Smart Roads Market Size and Forecast (2020-2031)

9 South America

  • 9.1 South America Smart Roads Consumption Value by Type (2020-2031)
  • 9.2 South America Smart Roads Consumption Value by Application (2020-2031)
  • 9.3 South America Smart Roads Market Size by Country
    • 9.3.1 South America Smart Roads Consumption Value by Country (2020-2031)
    • 9.3.2 Brazil Smart Roads Market Size and Forecast (2020-2031)
    • 9.3.3 Argentina Smart Roads Market Size and Forecast (2020-2031)

10 Middle East & Africa

  • 10.1 Middle East & Africa Smart Roads Consumption Value by Type (2020-2031)
  • 10.2 Middle East & Africa Smart Roads Consumption Value by Application (2020-2031)
  • 10.3 Middle East & Africa Smart Roads Market Size by Country
    • 10.3.1 Middle East & Africa Smart Roads Consumption Value by Country (2020-2031)
    • 10.3.2 Turkey Smart Roads Market Size and Forecast (2020-2031)
    • 10.3.3 Saudi Arabia Smart Roads Market Size and Forecast (2020-2031)
    • 10.3.4 UAE Smart Roads Market Size and Forecast (2020-2031)

11 Market Dynamics

  • 11.1 Smart Roads Market Drivers
  • 11.2 Smart Roads Market Restraints
  • 11.3 Smart Roads Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Smart Roads Industry Chain
  • 12.2 Smart Roads Upstream Analysis
  • 12.3 Smart Roads Midstream Analysis
  • 12.4 Smart Roads Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Smart Roads. Industry analysis & Market Report on Smart Roads is a syndicated market report, published as Global Smart Roads Market 2025 by Company, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Smart Roads market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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