Road weather information system (RWIS) includes sensor stations, a communication system for data transfer, and a central system to collect field data. Road weather information system communicates and monitors road weather information for road alerts and maintenance schedules. This factor is highly influencing the growth of the road weather information system market. Further, road weather information system plays an important role in monitoring the condition of roads as it works in low power consumption and functions for an extended period in severe conditions. Advancement in weather monitoring technology and the need for road weather information systems to measure the atmospheric, pavement, and water level conditions of the road are booming the growth of the market.
MARKET DYNAMICS
Rising utilization of RWIS to reduced road maintenance costs, reduced environmental pollution, and growth in expenditure on road infrastructure are the major factors driving the growth of the road weather information system market. However, deployment and longstanding issues with ice and snow is the key hindering factor for the road weather information system market growth. Further, the adoption of emerging technologies like sensors in road weather information systems, such as weather sensors, temperature sensors, and visibility sensors are expected to create major opportunities in the road weather information system market.
MARKET SCOPE
The "Global Road Weather Information System Market Analysis to 2028" is a specialized and in-depth study of the Road weather information system industry with a special focus on the global market trend analysis. The report aims to provide an overview Road weather information system market with detailed market segmentation as component, application, and geography. The global road weather information system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading road weather information system market players and offers key trends and opportunities in the road weather information system market.
MARKET SEGMENTATION
The global road weather information system market is segmented on the basis component, application. On the basis of component the market is segmented as hardware, software, services. On the basis of application the market is segmented as route-based forecasting, low-visibility warning systems, emergency management, climate change tracking, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Road weather information system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Road weather information system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting road weather information system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the road weather information system market in these regions.
MARKET PLAYERS
The reports cover key developments in the road weather information system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Road weather information system market are anticipated to lucrative growth opportunities in the future with the rising demand for road weather information system in the global market. Below mentioned is the list of few companies engaged in the road weather information system market.
The report also includes the profiles of key Road weather information system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Boschung America, LLC.
- Campbell Scientific, Inc.
- CGS Labs d.o.o.
- CROSS Zl?n, a.s.
- GEONICA
- High Sierra Electronics, Inc.
- MicroStep-MIS
- OneRain Incorporated
- Sutron Corporation
- Vaisala Oyj
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