Electronic Toll Collection (ECT) Market Impact of COVID-19 Outbreak on Business Opportunities and Future Scope till 2026 | 3M, Conduent Business Services, Q-Free, Cubic Transportation Systems

Latest Industry Research Report On global Electronic Toll Collection (ECT) Market Research Report 2020 in-depth analysis of the market state and also the competitive landscape globally.

The Electronic Toll Collection (ECT) market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2026. This report also includes the overall and comprehensive study of the Electronic Toll Collection (ECT) market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Electronic Toll Collection (ECT) industry and provides data for making strategies to increase market growth and effectiveness.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Scope of the report:

The report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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The Following Top Key Players in the Electronic Toll Collection (ECT) Market: 3M (US), Conduent Business Services, Q-Free (Norway), Cubic Transportation Systems (US), Siemens (Germany), Thales (France), Transurban (Australia), International Road Dynamics (Canada), Raytheon (US), The Revenue Markets (US), Schneider Electric (France), Toll Collect (Germany), Perceptics (US), TransCore (US), Far Eastern Electronic Toll Collection (Taiwan), and others.

Industry News: Press Release | 28. July 2020

27 Jun TransCore selected to modernize electronic toll collection system along US and Canadian border

NASHVILLE, TN. (GLOBE NEWSWIRE) – The Thousand Islands Bridge Authority (TIBA) has selected TransCore to design, develop, and maintain a next-generation toll collection system for its iconic international bridge that connects Wellesley Island, New York to Hill Island, Ontario.

TransCore will replace TIBA’s legacy system, which was installed in 1992, with its flagship Infinity∞ Digital Lane SystemTM.  In addition to providing state-of-the-art technology, the new system enables seamless interoperability – for local residents and those who travel throughout North America – to further enhance mobility and bi-national trade between the U.S and Canada.  The Infinity system will be fully-integrated with the Customer Service Center operations of the New York State Thruway Authority (NYSTA) and provides TIBA with the industry’s latest electronic toll collection functionality and a pathway to benefit from future system enhancements as technology evolves.

TransCore will also install its Encompass 6® multiprotocol readers to process E-ZPass® transactions and issue eGo® Plus sticker tags to support TIBA’s commuter discount fare program.  TransCore will manage the discount program with its Integrity Back Office System.  The TIBA program offers tolling discounts to daily commuters or frequent travelers.

This report segments the Electronic Toll Collection (ECT) market on the basis of Types are:

Automatic Vehicle Identification (AVI)
Automatic Vehicle Classification (AVC)
Back Office and Integration, and Violation Enforcement System (VES)
Others

On the basis of Application, the Electronic Toll Collection (ECT) market is segmented into:

Highway
Urban
Others

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Regional outlook: The regions covered in the reports of the Electronic Toll Collection (ECT) market are

North America (United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam), Europe (Germany, France, UK, Italy, Russia, Rest of Europe), Central & South America (Brazil, Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other).

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Note - All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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