Electronic Toll Collection (ETC) Market 2019 Latest Innovations by Top Players - Kapsch TrafficCom AG, Raytheon, TransCore, Conduent , Thales, Cubic Transportation Systems, VINCI and Siemens

According to Verified Market Research, the Global Electronic Toll Collection Market was valued at USD 6.37 billion in 2018 and is expected to reach a value of USD 11.12 billion by 2025 at a CAGR of 8.29% over the forecast period of 2018–2025.

The Electronic Toll Collection (ETC) System can be defined as a cashless toll system developed to make tax collection convenient for the drivers. This helps in mitigating the congestion at expressway tollgates. In Electronic Toll Collection System, tolls are automatically collected via wireless communication. This wireless communication is between an antenna mounted on the tollgate and onboard equipment. Such connections allow impromptu payment by authorizing drivers to pass through tollgates without stopping to pay.

“Electronic Toll Collection” Market report is a professional and in-depth study on the market overview, market dynamics, competitive analysis, and leading player’s various strategies. The report also covers all the key parameters such as product innovation, market strategies of the key players, latest research and development, revenue generation, market share and market expert views.

Electronic Toll Collection Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

The Market is largely fragmented and the vast majority of the players functioning in the global Electronic Toll Collection market are taking steps to raise their market footprint, by concentrating on product diversification and development, therefore making them seizes a larger share of the market.

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The Major Key Players in the Market are as follows:

• Kapsch Trafficcom AG
• Transcore (Roper Technologies)
• Raytheon Company
• Conduent Incorporated (Formerly Xerox Corporation)
• Thales Group
• Cubic Transportation Systems, Inc.
• Vinci
• Siemens AG

Global Electronic Toll Collection Market, By Type

• Tow Vehicle
• Forklift Truck
• Unit Load Carrier
• Assembly Line Vehicle
• Pallet Truck
• Others

Global Electronic Toll Collection Market, By Navigation Technology

• Magnetic Guidance
• Laser Guidance
• Inductive Guidance
• Optical Tape Guidance
• Vision Guidance
• Others

Global Electronic Toll Collection Market, By Battery Type

• Lithium-Ion
• Nickel-based
• Lead
• Others

Global Electronic Toll Collection Market, By Vertical

• Industrial Products
• Food Industry
• Petrochemicals
• Electronics
• Building and Construction

Global Electronic Toll Collection Market, By Application

• Manufacturing
• Automotive
• Aerospace
• Food and Beverages
• Healthcare
• Logistics
• Retail
• Others

Global Electronic Toll Collection Market, Geographic Scope

• North America
o U.S.
o Canada
o Mexico

• Europe
o Germany
o UK
o France
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific

• Latin America
o Brazil

• Rest of the World

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Worldwide Electronic Toll Collection Market Analysis to 2025 is a specialized and in-depth study of the Electronic Toll Collection industry with a focus on the global market trend. The report aims to provide an overview of global Electronic Toll Collection market with detailed market segmentation by product/application and geography. The global Electronic Toll Collection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Electronic Toll Collection players and offers key trends and opportunities in the market.

Also, key Electronic Toll Collection Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered financial information of last 3 years, key development in past five years.

Table Of Content

1 Introduction Of The Global Electronic Toll Collection
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Electronic Toll Collection Outlook
5 The Global Electronic Toll Collection, By Systems
6 The Global Electronic Toll Collection, By Service
7 The Global Electronic Toll Collection, By Verticals
8 The Global Electronic Toll Collection, By Applications
9 The Global Electronic Toll Collection, By Geography
10 The Global Electronic Toll Collection Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Complete Report is Available @ https://www.verifiedmarketresearch.com/product/global-electronic-toll-collection-market-size-and-forecast-to-2025/?utm_source=OPR&utm_medium=PK

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