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 2031" 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 2021 to 2031 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.
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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 2021 to 2031 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 Zlín, a.s.
- GEONICA
- High Sierra Electronics, Inc.
- MicroStep-MIS
- OneRain Incorporated
- Sutron Corporation
- Vaisala Oyj
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Road Weather Information System Market - By Component
1.3.2 Road Weather Information System Market - By Application
1.3.3 Road Weather Information System Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ROAD WEATHER INFORMATION SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ROAD WEATHER INFORMATION SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ROAD WEATHER INFORMATION SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. ROAD WEATHER INFORMATION SYSTEM - GLOBAL MARKET OVERVIEW
6.2. ROAD WEATHER INFORMATION SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ROAD WEATHER INFORMATION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 – COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. ROAD WEATHER INFORMATION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ROUTE-BASED FORECASTING
8.3.1. Overview
8.3.2. Route-Based Forecasting Market Forecast and Analysis
8.4. LOW-VISIBILITY WARNING SYSTEMS
8.4.1. Overview
8.4.2. Low-Visibility Warning Systems Market Forecast and Analysis
8.5. EMERGENCY MANAGEMENT
8.5.1. Overview
8.5.2. Emergency Management Market Forecast and Analysis
8.6. CLIMATE CHANGE TRACKING
8.6.1. Overview
8.6.2. Climate Change Tracking Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. ROAD WEATHER INFORMATION SYSTEM MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Road Weather Information System Market Overview
9.1.2 North America Road Weather Information System Market Forecasts and Analysis
9.1.3 North America Road Weather Information System Market Forecasts and Analysis - By Component
9.1.4 North America Road Weather Information System Market Forecasts and Analysis - By Application
9.1.5 North America Road Weather Information System Market Forecasts and Analysis - By Countries
9.1.5.1 United States Road Weather Information System Market
9.1.5.1.1 United States Road Weather Information System Market by Component
9.1.5.1.2 United States Road Weather Information System Market by Application
9.1.5.2 Canada Road Weather Information System Market
9.1.5.2.1 Canada Road Weather Information System Market by Component
9.1.5.2.2 Canada Road Weather Information System Market by Application
9.1.5.3 Mexico Road Weather Information System Market
9.1.5.3.1 Mexico Road Weather Information System Market by Component
9.1.5.3.2 Mexico Road Weather Information System Market by Application
9.2. EUROPE
9.2.1 Europe Road Weather Information System Market Overview
9.2.2 Europe Road Weather Information System Market Forecasts and Analysis
9.2.3 Europe Road Weather Information System Market Forecasts and Analysis - By Component
9.2.4 Europe Road Weather Information System Market Forecasts and Analysis - By Application
9.2.5 Europe Road Weather Information System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Road Weather Information System Market
9.2.5.1.1 Germany Road Weather Information System Market by Component
9.2.5.1.2 Germany Road Weather Information System Market by Application
9.2.5.2 France Road Weather Information System Market
9.2.5.2.1 France Road Weather Information System Market by Component
9.2.5.2.2 France Road Weather Information System Market by Application
9.2.5.3 Italy Road Weather Information System Market
9.2.5.3.1 Italy Road Weather Information System Market by Component
9.2.5.3.2 Italy Road Weather Information System Market by Application
9.2.5.4 United Kingdom Road Weather Information System Market
9.2.5.4.1 United Kingdom Road Weather Information System Market by Component
9.2.5.4.2 United Kingdom Road Weather Information System Market by Application
9.2.5.5 Russia Road Weather Information System Market
9.2.5.5.1 Russia Road Weather Information System Market by Component
9.2.5.5.2 Russia Road Weather Information System Market by Application
9.2.5.6 Rest of Europe Road Weather Information System Market
9.2.5.6.1 Rest of Europe Road Weather Information System Market by Component
9.2.5.6.2 Rest of Europe Road Weather Information System Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Road Weather Information System Market Overview
9.3.2 Asia-Pacific Road Weather Information System Market Forecasts and Analysis
9.3.3 Asia-Pacific Road Weather Information System Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Road Weather Information System Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Road Weather Information System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Road Weather Information System Market
9.3.5.1.1 Australia Road Weather Information System Market by Component
9.3.5.1.2 Australia Road Weather Information System Market by Application
9.3.5.2 China Road Weather Information System Market
9.3.5.2.1 China Road Weather Information System Market by Component
9.3.5.2.2 China Road Weather Information System Market by Application
9.3.5.3 India Road Weather Information System Market
9.3.5.3.1 India Road Weather Information System Market by Component
9.3.5.3.2 India Road Weather Information System Market by Application
9.3.5.4 Japan Road Weather Information System Market
9.3.5.4.1 Japan Road Weather Information System Market by Component
9.3.5.4.2 Japan Road Weather Information System Market by Application
9.3.5.5 South Korea Road Weather Information System Market
9.3.5.5.1 South Korea Road Weather Information System Market by Component
9.3.5.5.2 South Korea Road Weather Information System Market by Application
9.3.5.6 Rest of Asia-Pacific Road Weather Information System Market
9.3.5.6.1 Rest of Asia-Pacific Road Weather Information System Market by Component
9.3.5.6.2 Rest of Asia-Pacific Road Weather Information System Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Road Weather Information System Market Overview
9.4.2 Middle East and Africa Road Weather Information System Market Forecasts and Analysis
9.4.3 Middle East and Africa Road Weather Information System Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Road Weather Information System Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Road Weather Information System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Road Weather Information System Market
9.4.5.1.1 South Africa Road Weather Information System Market by Component
9.4.5.1.2 South Africa Road Weather Information System Market by Application
9.4.5.2 Saudi Arabia Road Weather Information System Market
9.4.5.2.1 Saudi Arabia Road Weather Information System Market by Component
9.4.5.2.2 Saudi Arabia Road Weather Information System Market by Application
9.4.5.3 U.A.E Road Weather Information System Market
9.4.5.3.1 U.A.E Road Weather Information System Market by Component
9.4.5.3.2 U.A.E Road Weather Information System Market by Application
9.4.5.4 Rest of Middle East and Africa Road Weather Information System Market
9.4.5.4.1 Rest of Middle East and Africa Road Weather Information System Market by Component
9.4.5.4.2 Rest of Middle East and Africa Road Weather Information System Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Road Weather Information System Market Overview
9.5.2 South and Central America Road Weather Information System Market Forecasts and Analysis
9.5.3 South and Central America Road Weather Information System Market Forecasts and Analysis - By Component
9.5.4 South and Central America Road Weather Information System Market Forecasts and Analysis - By Application
9.5.5 South and Central America Road Weather Information System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Road Weather Information System Market
9.5.5.1.1 Brazil Road Weather Information System Market by Component
9.5.5.1.2 Brazil Road Weather Information System Market by Application
9.5.5.2 Argentina Road Weather Information System Market
9.5.5.2.1 Argentina Road Weather Information System Market by Component
9.5.5.2.2 Argentina Road Weather Information System Market by Application
9.5.5.3 Rest of South and Central America Road Weather Information System Market
9.5.5.3.1 Rest of South and Central America Road Weather Information System Market by Component
9.5.5.3.2 Rest of South and Central America Road Weather Information System Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ROAD WEATHER INFORMATION SYSTEM MARKET, KEY COMPANY PROFILES
11.1. BOSCHUNG AMERICA, LLC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CAMPBELL SCIENTIFIC, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CGS LABS D.O.O.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CROSS ZLíN, A.S.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GEONICA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HIGH SIERRA ELECTRONICS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MICROSTEP-MIS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ONERAIN INCORPORATED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUTRON CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VAISALA OYJ
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Boschung America, LLC.
2. Campbell Scientific, Inc.
3. CGS Labs d.o.o.
4. CROSS Zlín, a.s.
5. GEONICA
6. High Sierra Electronics, Inc.
7. MicroStep-MIS
8. OneRain Incorporated
9. Sutron Corporation
10. Vaisala Oyj
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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