The data and information of this Electronic Toll Collection market report helps businesses map the advertising, promotion, marketing and sales strategy more profitably and also assists in taking sound and efficient decisions. Qualitative and transparent research studies are performed devotedly to offer you the excellent market research report for your niche. Electronic Toll Collection market research report conducts a precise analysis of current scenario of the market, which covers several market dynamics. In the Electronic Toll Collection market report, market drivers and market restraints are studied carefully along with the analysis of the market structure. Not to mention, several charts and graphs have been used effectively to represent the facts and figures in a proper way.
Global Electronic Toll Collection Market is expected to rise from its initial estimated value of USD 7.14 billion in 2018 to an estimated value of USD 13.69 billion by 2026, registering a CAGR of 8.48% in the forecast period of 2019-2026.
Details about the market drivers and market restraints included in this Electronic Toll Collection report helps understand whether the demand of the products in Semiconductors and Electronics industry will rise or get lower. Research and analysis about the key developments in the market, major competitors and detailed competitor analysis covered in this Electronic Toll Collection report helps businesses imagine the bigger picture of the market place and products which ultimately assists in defining superior business strategies. This professional Electronic Toll Collection market report focuses on primary and secondary drivers, market share, market size, leading segments and geographical analysis.
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This report will help you understand
Market share (regional, product, application, and end-user) both in terms of volume and revenue along with CAGR from 2019 to 2026
Key parameters which are driving market and restraining its growth.
Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.
Market Drivers: Global Electronic Toll Collection Market
Reduction of traffic congestion and environmental pollution due to availing electronic toll collection is expected to drive the market growth
Adoption of cashless facilities due to the development and government initiatives to build smart cities is also expected to drive the market growth
Market Restraints: Global Electronic Toll Collection Market
High operation costs of these tolls is expected to act as a restraint to the market growth
Lack of growth of the infrastructure required in the developing economies and regions is expected to restrain the market growth
Major Market Competitors/Players: Global Electronic Toll Collection Market
Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & SWOT analysis:
Kapsch TrafficCom AG, TransCore, Raytheon, Conduent, Thales, Cubic Corporation, Indra, Toshiba, Mitsubishi Heavy Industries, VINCI, Siemens, ABERTIS, Perceptics LLC, SICE, Autostrade per l’Italia, ETC (Electronic Transaction Consultants), American Traffic Solutions, JENOPTIK, STAR Systems International, Kistler Group, ARH Inc., Toll Collect GmbH, NEOLOGY INC Efkon GmbH, Quarterhill Inc., Far Eastern Electronic Toll Collection Co., Ltd., GEOTOOL GmbH
Competitive Analysis: Global Electronic Toll Collection Market
Global electronic toll collection market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electronic toll collection market for global, Europe, North America, Asia Pacific and South America.
Recent Developments
In April 2018, TransCore announced the introduction regarding the publication of specific protocols and standards known as “Super eGo (SeGo)” for the simplification and increased ease in adoption of transponders and multi-protocol readers.
In April 2016, Kapsch TrafficCom AG announced that they had completed the acquisition of Schneider Electric’s Transportation Business. This acquisition is expected to expand Kapsch’s smart transportation system and service portfolios for the various regions.
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Table of Contents: Global Electronic Toll Collection Market
- 1. Executive Summary
- 2. Scope/opportunities of the Report
- 3. Research Methodology
- 4. Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- 5. Pipeline Analysis
- Pipeline analysis
- 6. Market Sizing
- Market definition
- Market sizing
- Market size and forecast
- 7. Porter’s Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- 8. Market Segmentation
- Segmentation
- Comparison
- Market opportunity
- 9. Customer Landscape
- 10. Regional Landscape
- Geographical segmentation
- Regional comparison
- Europe
- MEA
- APAC
- North America
- South America
- Market opportunity
- 11. Business Decision Framework
- 12. Drivers And Challenges
- Market challenges
- Market drivers
- 13. Market Key Trends
- 14. Players Landscape
- Overview
- Landscape disruption
- 15. Players Analysis
- Players covered
- Players classification
- Market positioning of Players
- 16. Appendix
- List of abbreviations
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Market Segmentation: Global Electronic Toll Collection Market
By Type
Transponder/Tag-Based and Others
By Technology
Radio-Frequency Identification (RFID)
Dedicated Short-Range Communication (DSRC)
Others (Video Analytics/Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR), Satellite-Based GNSS/GPS (Global Navigation Satellite System/Global Positioning System), Weigh-in-Motion)
By Offering
Hardware, Back Office & Other Services, By Application, Highways, Urban Areas
By Parameters of Toll Amount
Distance Based, Point Based, Time Based, Perimeter Based
By Geography
North America, US, Canada, Mexico, South America, Brazil, Argentina, Rest of South America
Europe
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe
Asia-Pacific
Japan, China
South Korea, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific.
Middle East and Africa
South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa.
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