Electronic Toll Collection Market Future Projections 2019: Toshiba, Mitsubishi Heavy Industries, VINCI, Siemens, ABERTIS, Kapsch TrafficCom AG, TransCore, Raytheon, Conduent, Thales

This Electronic Toll Collection market research report provides clients with the information on their business scenario with which they can build business strategies to thrive in the market. These CAGR values play a key role in determining the costing and investment values or strategies. This report is a helpful resource which provides present as well as upcoming technical and financial details of the industry to 2026. All the studies conducted to generate this report are based on large group sizes and that to at the global level. The report also contains detailed profiles of market’s major manufacturers and importers who are leading the market.

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.

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Electronic toll collection can be defined as the cashless toll collection technology which aims to solve the problem of traffic congestion on various toll collecting sites due to the time-consuming process of cash or plastic money collection. These tolls do not require the vehicles to stop at the toll booths, as they scan the transponders available in the vehicles for the collection of tolls. They operate alongside the cash tolls so that the vehicles without any transponders can cross the booth as well.

Any new or existing toll or priced facility is a candidate for deploying an ETC system. The reliable and relatively inexpensive technology means this is a standard element of modern toll roads.

Electronic toll collection (ETC) aims to eliminate the delay on toll roads, HOV lanes, toll bridges, and toll tunnels by collecting tolls without cash and without requiring cars to stop.

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.

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.

Leading Players of Electronic Toll Collection Market are 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, And others

Various features and important queries have been answered in top-notch report

• What are the market tools and techniques on the basis of which the
Electronic toll collection market is evaluated?

Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter’s Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Electronic toll collection market.

• What all regions are covered in this Electronic toll collection market research report?

The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

• How does this report prove to be beneficial for the readers?

The Electronic toll collection market report saves crucial time of the readers by providing deep and unbiased insights related to Electronic toll collection market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.

• Competitors

In this section, various Electronic toll collection industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

• Sales and Revenue Analysis

Both, sales and revenue are studied for the different regions of the Electronic toll collection Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.

• Market Dynamics

The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.

• Application Usage

The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.

Major Highlights of TOC:

Chapter One: Electronic toll collection Market Industry Overview
1.1 Electronic toll collection Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Electronic toll collection Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Electronic toll collection Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Electronic toll collection Market Size by Demand
2.3 Electronic toll collection Market Forecast by Demand
Chapter Three: Electronic toll collection Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Electronic toll collection Market Size by Type
3.3 Electronic toll collection Market Forecast by Type
Chapter Four: Major Region of Electronic toll collection Market
4.1 Electronic toll collection Sales
4.2 Electronic toll collection Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion

Get TOC at https://databridgemarketresearch.com/toc/?dbmr=global-electronic-toll-collection-market

Key Segmentation of Electronic Toll Collection Market

By Type

• Transponder/Tag-Based
• Others

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 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 Geography

North America
Europe
Asia-Pacific
Middle East and Africa

Statistics series and base year evaluation is finished using statistics collection modules with big sample sizes. The marketplace records is analyzed and forecasted the usage of marketplace statistical and coherent models. Additionally marketplace share analysis and key trend evaluation are the most important fulfillment factors within the marketplace record.

The important thing studies technique utilized by DBMR studies team is records triangulation which includes records mining, evaluation of the impact of data variables on the market, and primary (enterprise expert) validation. other than this, other records models consist of dealer positioning grid, market time line analysis, market assessment and manual, enterprise positioning grid, enterprise market proportion analysis, standards of dimension, pinnacle to bottom analysis and dealer share analysis. To recognize more about the studies technique, drop in an inquiry to talk to our industry professionals.

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