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Global Road Weather Information System Market Size study & Forecast, by Component (Hardware, Software, and Services), by Application (Route-Based Forecasting, Low-Visibility Warning Systems, Emergency Management, Climate Change Tracking, and Others) and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: G8DDFFCC171FEN
Bizwit Research & Consulting LLP

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Global Road Weather Information System Market is valued at approximately USD 1.27 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2029. Road Weather Information System is a Weather information system comprised of Environmental Sensor Stations (ESS) in the field, a communication system for data transfer, and central systems to collect field data from numerous ESS. This system offers detailed data related to roadside weather conditions and road surface temperature data. The ESS comprised a short tower, with meteorological sensors. The Processors collect and analyze sensor data and transmit the information to a CPU. Furthermore, CPU compiles data from different sites and provides weather and road conditions. The increasing spending on road infrastructure and growing adoption of RWIS to reduce road maintenance costs as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing investment in road infrastructure development is contributing to the growth of the Global Road Weather Information System Market. For instance, according to India Brand Equity Foundation (IBEF) – in 2019, the Government of India allocated funds of worth USD 1.4 trillion under the National Infrastructure Pipeline for FY 2019-25 period. Moreover, under this national Infrastructure Pipeline, the roads sector would account for 18% (approximately 252 billion) of capital expenditure over FY 2019-25. Furthermore, in June 2022, the European Commission selected 135 transport infrastructure projects for EU grants worth Euro 5.4 billion (USD 5.29 billion). This funding would support projects across all EU Member States along the Trans-European Transport Network (TEN-T), a planned network of roads, railways, airports and water infrastructure in the European Union. Also, rising advancements in road weather information systems and growing expenditure on railways transport in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, deployment and longstanding issues with snow and ice stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Road Weather Information System Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to growing deployment of RWIS system and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment in road infrastructure coupled with increasing penetration of leading market players in the region.

Major market players included in this report are:
Campbell Scientific Inc.
High Sierra Electronics Inc.
Boschung America LLC
Renaissance Technologies Inc.
Quixote Transportation Technologies Inc.
Fathym Inc.
OneRain Incorporated
Airmar Technology Corp
Liquid Robotics Inc.
Morcom International

Recent Developments in the Market:
In June 2021, California, USA based High Sierra Electronics, Inc., a leading manufacturer of environmental monitoring systems launched a new StormLink RWIS Lite range of road weather solutions. This new solution would enable drivers to get access to weather information in real time.

Global Road Weather Information System Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component
Hardware
Software
Services

By Application
Route-Based Forecasting
Low-Visibility Warning Systems
Emergency Management
Climate Change Tracking,
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Road Weather Information System Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Road Weather Information System Market, by Component, 2019-2029 (USD Billion)
  1.2.3. Road Weather Information System Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET DYNAMICS

3.1. Road Weather Information System Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing Spending on road infrastructure
    3.1.1.2. Growing adoption of RWIS to reduce road maintenance costs
    3.1.1.3. Strategic initiatives from leading market players
  3.1.2. Market Challenges
    3.1.2.1. Deployment and longstanding issues with snow and ice
  3.1.3. Market Opportunities
    3.1.3.1. Rising advancements in road weather information systems
    3.1.3.2. Growing expenditure on railways transport in developing regions

CHAPTER 4. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET, BY COMPONENT

6.1. Market Snapshot
6.2. Global Road Weather Information System Market by Component, Performance - Potential Analysis
6.3. Global Road Weather Information System Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Road Weather Information System Market, Sub Segment Analysis
  6.4.1. Hardware
  6.4.2. Software
  6.4.3. Services

CHAPTER 7. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Road Weather Information System Market by Application, Performance - Potential Analysis
7.3. Global Road Weather Information System Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Road Weather Information System Market, Sub Segment Analysis
  7.4.1. Route-Based Forecasting
  7.4.2. Low-Visibility Warning Systems
  7.4.3. Emergency Management
  7.4.4. Climate Change Tracking
  7.4.5. Others

CHAPTER 8. GLOBAL ROAD WEATHER INFORMATION SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Road Weather Information System Market, Regional Market Snapshot
8.2. North America Road Weather Information System Market
  8.2.1. U.S. Road Weather Information System Market
    8.2.1.1. Component breakdown estimates & forecasts, 2019-2029
    8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Road Weather Information System Market
8.3. Europe Road Weather Information System Market Snapshot
  8.3.1. U.K. Road Weather Information System Market
  8.3.2. Germany Road Weather Information System Market
  8.3.3. France Road Weather Information System Market
  8.3.4. Spain Road Weather Information System Market
  8.3.5. Italy Road Weather Information System Market
  8.3.6. Rest of Europe Road Weather Information System Market
8.4. Asia-Pacific Road Weather Information System Market Snapshot
  8.4.1. China Road Weather Information System Market
  8.4.2. India Road Weather Information System Market
  8.4.3. Japan Road Weather Information System Market
  8.4.4. Australia Road Weather Information System Market
  8.4.5. South Korea Road Weather Information System Market
  8.4.6. Rest of Asia Pacific Road Weather Information System Market
8.5. Latin America Road Weather Information System Market Snapshot
  8.5.1. Brazil Road Weather Information System Market
  8.5.2. Mexico Road Weather Information System Market
  8.5.3. Rest of Latin America Road Weather Information System Market
8.6. Rest of The World Road Weather Information System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Campbell Scientific Inc.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. High Sierra Electronics Inc.
  9.2.3. Boschung America LLC
  9.2.4. Renaissance Technologies Inc.
  9.2.5. Quixote Transportation Technologies Inc.
  9.2.6. Fathym Inc.
  9.2.7. OneRain Incorporated
  9.2.8. Airmar Technology Corp
  9.2.9. Liquid Robotics Inc.
  9.2.10. Morcom International

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Road Weather Information System Market, report scope
TABLE 2. Global Road Weather Information System Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Road Weather Information System Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Road Weather Information System Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Road Weather Information System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Road Weather Information System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Road Weather Information System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Road Weather Information System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Road Weather Information System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Road Weather Information System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Road Weather Information System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Road Weather Information System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Road Weather Information System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Road Weather Information System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Road Weather Information System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Road Weather Information System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Road Weather Information System Market
TABLE 70. List of primary sources, used in the study of global Road Weather Information System Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Road Weather Information System Market, research methodology
FIG 2. Global Road Weather Information System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Road Weather Information System Market, key trends 2021
FIG 5. Global Road Weather Information System Market, growth prospects 2022-2029
FIG 6. Global Road Weather Information System Market, porters 5 force model
FIG 7. Global Road Weather Information System Market, pest analysis
FIG 8. Global Road Weather Information System Market, value chain analysis
FIG 9. Global Road Weather Information System Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Road Weather Information System Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Road Weather Information System Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Road Weather Information System Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Road Weather Information System Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Road Weather Information System Market, regional snapshot 2019 & 2029
FIG 15. North America Road Weather Information System Market 2019 & 2029 (USD Billion)
FIG 16. Europe Road Weather Information System Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Road Weather Information System Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Road Weather Information System Market 2019 & 2029 (USD Billion)
FIG 19. Global Road Weather Information System Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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