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Electronic Toll Collection Market: Global Analysis, Trends, Opportunities & Forecast 2025

02-10-2020 08:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Electronic Toll Collection Market

Electronic Toll Collection Market

A detailed analysis of the electronic toll collection market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the electronic toll collection market report also contains information on the pivotal industry insights for core players to look out for.

Products Analysis:
Products Segmentation: The report claims that the products landscape of the electronic toll collection market is subdivided into -

o Antennae
o Transponders
o Treadles
o Scanning Devices
o Inductive Loops
o Weigh-In Motion Devices
o Film Storage Devices
o Cameras

Important pointers encompassed pertaining to the products spectrum:

o Major details about the products spectrum are provided in the report.
o The study elaborates on the remuneration forecast of each of the products categories by the end of the anticipated duration.
o The market share which each of the products segments account are mentioned in the study.
o Also, the most proliferating trends that the products spectrum is characterized by are also entailed.

Various subsystems in this segment are Automatic vehicle identification (AVI), violation enforcement systems (VEC), automatic vehicle classification (AVC), back-office & integration. AVI segment is anticipated to dominate the market in the forecast timeline owing to its features such as cost-effectiveness, reliability, and secure collection.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1615

Technology analysis:

Technology segmentation: The report states the technology landscape of the electronic toll collection market to be split into -

o Dedicated Short Range Communications (DSRC)
o Radio Frequency Identification (RFID)
o Global Networking Satellite Systems (GNSS)
o And Global Positioning System (GPS)

Important pointers encompassed pertaining to the technology spectrum:

o Substantial details about the technology spectrum are provided in the report.
o The study mentions about the valuation estimate of each of the technology categories in detail, by the end of the forecast period.
o The market share that each of the technology segments account are mentioned in the study.
o The trends that the technology landscape is defined by are also contained in the report.

Applications analysis:

Applications segmentation: The report claims that the applications landscape of the electronic toll collection market is subdivided into -

o Urban Areas
o Bridges
o Highways

Important pointers encompassed pertaining to the applications spectrum:

o The report encompasses major details about the applications spectrum.
o The target valuation that each of the sub-segments of the applications landscape will procure by the end of the anticipate period are mentioned in the report.
o The market share that these sub-segments held are also entailed in the study.
o The global trends that define the applications landscape are discussed in the report.

Get this report Customized to your requirements @ https://www.gminsights.com/roc/1615

Highways are anticipated to account for a major market share in the forecast timeline owing to tremendous increase in installations of electronic toll collection systems across the globe. Moreover, rising on-road traffic has also propelled this segment's growth. Urban areas and bridges are projected to showcase a significant growth rate and wide scope owing to increasing urbanization.

The electronic toll collection market research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the electronic toll collection market has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the electronic toll collection market.

North America electronic toll collection market is expected to dominate the market share during the forecast timespan owing to heavy deployment of electronic toll collection systems in the developed economies. Stringent government regulations and mandatory standards will propel the industry demand in this region. Asia pacific electronic toll collection market is predicted to showcase an exponential growth rate over the forecast timeline owing to high demand of these systems in the emerging economies such as China, India, South Korea, Philippines, Singapore, and Malaysia. Increasing traffic and development of road infrastructure has led to these systems demand, thus fueling the industry growth.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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