Electronic Toll Collection Market Comprehensive Study Covid19 Impact Analysis, Business Strategy, Growth, Share, Size|Current as Well as The Future Challenges

Global Electronic Toll Collection Market is valued approximately USD 7.62 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.12% over the forecast period 2020-2026. An electronic toll collection system is an electronic charging toll machine which charges a toll to an existing customer account as it can determine whether the passing vehicle is registered or not registered within the system. It further generates an alert to the local highway patrol if the vehicle is not registered. This system allows the owner to pass through the toll booths without stopping the vehicle in between the road thereby reducing traffic congestions due to manual operations.

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Thus, the electronic toll collection system is a feasible solution to reduce pollution and an alternative to maintain the highway lanes during the rush hours, or during any ongoing maintenance activities. Growing demand for safety and efficiency in transportation infrastructure is one of the major factors responsible for high CAGR of the market. Increasing investment opportunities in economically and technologically developing countries and rising number of public & private partnership agreements in transportation sectors are the factors that offers opportunities in the market. Additionally, government support towards the employment of these systems and tolling and technological enhancements are contributing towards growth of global Electronic Toll Collection market. However, high initial investment and maintenance expenses and slow growth in infrastructure sector in underdeveloped countries are the factor that limiting the market growth during the forecast period.

The key players covered in this study

Kapsch Group
Thales Group
Toshiba Corporation
Raytheon
Conduent LLC
Siemens AG
TransCore LP
Cubic Transportation
Perceptics LLC
EFKON GmbH

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No of Pages: 200

Market segmentation
Electronic Toll Collection market is split by Type and by Application. For the period 2015-2026, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Subsystem:

Automated Vehicle Identification
Automated Vehicle Classification
Violation Enforcement System
Transaction Processing

By Technology:

Radio Frequency Identification (RFID)
Dedicated Short Range Communication (DSRC)
Infrared
GNSS & GPS
Video Analytics

By Application:

Urban
Highways

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Global Electronic Toll Collection Market report has been compiled through extensive primary research (through analytical research, market survey and observations) and secondary research. The Electronic Toll Collection Market report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts, key vendors, business news, row material supplier, regional clients, company journals, and market participants across key points in the industry’s value chain.

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Table of Contents
1 Industry Overview of Electronic Toll Collection
2 Industry Chain Analysis of Electronic Toll Collection
3 Manufacturing Technology of Electronic Toll Collection
4 Major Manufacturers Analysis of Electronic Toll Collection
5 Global Productions, Revenue and Price Analysis of Electronic Toll Collection by Regions, Manufacturers, Types and Applications
6 Global and Major Regions Capacity, Production, Revenue and Growth Rate of Electronic Toll Collection 2014-2019
7 Consumption Volumes, Consumption Value, Import, Export and Sale Price Analysis of Electronic Toll Collection by Regions
8 Gross and Gross Margin Analysis of Electronic Toll Collection
9 Marketing Traders or Distributor Analysis of Electronic Toll Collection
10 Global and Chinese Economic Impacts on Electronic Toll Collection Industry
11 Development Trend Analysis of Electronic Toll Collection
12 Contact information of Electronic Toll Collection
13 New Project Investment Feasibility Analysis of Electronic Toll Collection
14 Conclusion of the Global Electronic Toll Collection Industry 2019 Market Research Report

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