Electronic Toll Collection (ECT) Market to Reflect Robust Expansion During 2018 – 2022 | Global Key Players - 3M, Conduent Business Services, Q-Free, Cubic Transportation Systems, Siemens, Thales

Global Electronic Toll Collection Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Electronic Toll Collection Market Overview:

According to Market Analyst, Global Electronic Toll Collection Market is projected to grow at a healthy growth rate from 2018 to 2022.

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A toll road, is a private or public roadway for which a fee is charged to pass. Frequently, these toll booths cause traffic delays during rush hours due to toll collection process. This factor has given birth to electronic toll collection system, which swiftly eliminates manual operations by toll payers and receivers. Electronic toll collection uses sophisticated cameras and sensors to capture an image of vehicle’s registration plate and assigns the correct toll.

The global electronic toll collection market is expected to steer towards a strong double-digit growth rate in the coming years due to the increasing demand for effective solutions for traffic congestion and increasing allocation of funds by various governments on intelligent transportation system.

On the Basis of Type, It has been estimated that back office and integration, and violation enforcement system (VES) would hold a large share of the electronic toll collection market during the forecast period. However, the electronic toll collection market for automatic vehicle identification (AVI) is expected to grow at the highest rate between 2018 and 2022. In Technology Segment, The electronic toll collection market for video analytics technology is expected to grow at the highest CAGR between 2018 and 2022. This is primarily due to the increasing cases of toll violations, which raise the need for an improved toll management solution.

Regionally, North America is expected to hold the largest share of the electronic toll collection market by 2022. The usage of four-wheelers and heavy vehicles is high in North America, which is the main reason for the requirement of an effective transportation system in the North American countries.

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The Market is segmented and projected on the basis of major key player’s:

1  3M

2  Conduent Business Services

3  Q-Free

4  Cubic Transportation Systems

5  Siemens

6  Thales

7  Transurban

8  International Road Dynamics

9  Raytheon

10 The Revenue Markets

The market for Electronic Toll Collection can be segmented on the basis of the following Criteria:

The Market is segmented and projected on the basis of major Region Segmentation

1  North America

2  Europe

3  China

4  Rest of Asia Pacific

5  Central & South America

6  Middle East & Africa

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The Market is segmented and projected on the basis of Product Type Segmentation:

1  Automatic Vehicle Identification (AVI)

2  Automatic Vehicle Classification (AVC)

3  Back Office and Integration, and Violation Enforcement System (VES)

The Market is segmented and projected on the basis of Application Segmentation:

1  Highway

2  Urban

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Electronic Toll Collection Market?

3 What are the challenges to market growth?

4 Who are the key players in Electronic Toll Collection Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Industry Overview of Electronic Toll Collection

2 Global Electronic Toll Collection Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Electronic Toll Collection Market Size by Type and Application (2013-2018)

5 North America Electronic Toll Collection Development Status and Outlook

6 Europe Electronic Toll Collection Development Status and Outlook

7 China Electronic Toll Collection Development Status and Outlook

8 Rest of Asia Pacific Electronic Toll Collection Development Status and Outlook

9 Central & South America Electronic Toll Collection Development Status and Outlook

10 Middle East & Africa Electronic Toll Collection Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2022)

12 Electronic Toll Collection Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

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