Electronic Toll Collection Industry
Description
Global Electronic Toll Collection Market is accounted for $4.75 billion in 2015 and is expected to reach $10.96 billion by 2022 growing at a CAGR of 12.6% during the forecast period”. Factors such as increasing demand for safe and secure infrastructure, low travel time, cashless travel facility and free flow of traffic are propelling the market growth. High installation costs and high dependence on government are some of the factors limiting the market growth. Increased safety and better environment are providing ample of opportunities for the market growth.
In the beginning, the report covers comprehensive analysis and forecast of the Electronic Toll Collection market on a global as well as regional level. The report delivers complete data from 2019 to 2025 based on the revenue generation, and existing, forecasted, and historical growth in the market in terms of the market volume and value. Furthermore, the report includes notable changes taking place in the market structures over the evaluation period. An assorted analysis of influential trends in the Electronic Toll Collection market, confirmable projections, regulations and mandates, along with macro and micro-economic indicators, have also been combined in the study. Hence, the report casts light on the growth of each noteworthy segment of the Electronic Toll Collection market over the forecast period.
Some of the key players in Electronic Toll Collection market include
Thales Group
Q-Free
3M
International Road Dynamics, Inc.
Siemens AG
Cubic Transportation Systems, Inc.
Atlantia S.p.A.
Schneider Electric SE
Transcore Holdings, Inc.
Efkon AG
TRMI Systems Integration
Kapsch Trafficcom AG
Xerox Corporation
Honeywell International, Inc.
Transurban
Transtoll Pty Ltd.
Toll Collect GmbH
Sensor Dynamics
SAIC
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Applications Covered:
• Urban
• Highway
Types Covered:
• All-Electronic Tolling (AET)
o Transponders
o Automatic Number Plate Recognition (ANPR)
• Electronic toll collection (ETC)
Technologies Covered:
• Dedicated Short-Range Communications (DSRC)
• Radio Frequency Identification (RFID)
• Video Analytics
• Global Navigation Satellite System (GNSS)/GPS
Products Covered:
• Automatic Vehicle Classifier (AVC)
• Automated Vehicle Identification (AVI)
• Other Products
Regional Analysis
The assessment and forecast of the Electronic Toll Collection market have been studied on a regional and global basis. Based on the region, the Electronic Toll Collection market has been considered in the Asia Pacific (APAC), Latin America (LATAM), North America, Europe, and the Middle East and Africa (MEA).
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Research Methodology
The market report has been collected with the support of many primary (surveys, interviews, observations,) and secondary (industrial databases, journals) sources to analyze and collect proper information for this comprehensive market-oriented, commercial, and technical evaluation. Porter’s Five Force Model was used to ascertain the market evaluation precisely and to authenticate the numerous strengths, and weaknesses, as well as the opportunities, and threats (SWOT analysis), and several quantitative and qualitative study related with the Electronic Toll Collection market.
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
…
10 Key Developments
11 Company Profiling
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