Electronic Toll Collection market size is projected to reach US$ 6254.6 million by 2028, from US$ 4840.9 million in 2021, at a CAGR of 3.7% - Valuates Reports
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Electronic toll collection is used to collect tolls on roads by electronic methods. This technology determines that the cars and other automobiles that pass through the toll are enrolled in the system. If not, it alerts the tax collectors that the respective cars are not enrolled in the system. The toll from the enrolled cars is automatically debited, thus avoiding the need for the car to stop at the collection counter.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronic Toll Collection market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronic Toll Collection market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electronic Toll Collection market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electronic Toll Collection market.
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Electronic Toll Collection market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Electronic Toll Collection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Electronic Toll Collection Market Segment By Type
➣Rfid-Based ETC Systems
➣Dsrc-Based ETC Systems
➣Video Analytic-Based ETC Systems
➣Gnss/Gps-Based ETC Systems
Electronic Toll Collection Market Segment By Application
➣Kapsch Trafficom AG
➣Rest of Europe
➣Rest of Asia
➣Rest of Latin America
➣Middle East & Africa
➣Rest of MEA
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