openPR Logo
Press release

Worldwide Electronic Toll Collection market to double from 2016 to 400 million vehicles in 2025

06-03-2015 06:09 PM CET | Logistics & Transport

Press release from: PTOLEMUS Consulting Group

Indepth analysis of the Road Charging Global market

Indepth analysis of the Road Charging Global market

London the 1st June 2015 - PTOLEMUS Consulting Group publishes the new Electronic Toll Collection (ETC) Global Study. The 650-page reference document covers the road charging market worldwide and demonstrate its convergence with other connected vehicle services.

A free 95-page abstract is now available to download today from its web site.
The report is the most comprehensive ever published on tolling; it includes a neutral and in-depth strategic, technology and market trends assessment of the Road User Charging (RUC) markets globally. Readers will also find a quantitative assessment of the current size and development potentials for 35 countries worldwide as well as a bottom-up market forecast to 2025.

As hundreds of billions are missing from government budgets to build and maintain road infrastructure, tolling is emerging as the go-to solution.

Tolling is becoming electronic: the global road charging market is set to double between 2016 and 2025 to reach 400 million subscriptions.

Barriers are falling. Road charging is becoming free flow with 63% of today’s brownfield sites expected to make the switch by 2025.
ETC is morphing into the wireless payment of the car, integrated with other connected vehicle services.

Launched today, the free abstract brings together the critical findings of 2 years of research. It starts with interviews of 4 key names in the industry:
- Marc Billet, Head of EU Goods Transport at the International Road Transport Union (IRU), representing the transporter paying for the toll;
- Peter Ummenhofer, VP Solution Management Division and Marcus Handl, Investor Relations & Strategy Officer at Kapsch TrafficCom, the biggest solution provider in the toll industry;
- Martin Stone, General Manager of Egis Projects USA managing the most important interoperability project, the ATI HUB.

The report also details the fundamentals of the tolling market including the major strategic and technology trends and their effect on the transport market globally.

Download the free abstract at www.ptolemus.com/etc-study. For more information about the full study, please contact thomas@ptolemus.com

PTOLEMUS Consulting Group is the first strategy consulting firm entirely focused on connected vehicle services and the Internet of Things (IoT). Present in Europe and North America, PTOLEMUS assists leading toll service providers, road operators and all connected vehicle stakeholders in defining and executing their strategy and operations.
For press relation and more information about the study, please contact Thomas Hallauer on thomas@ptolemus.com

PTOLEMUS Consulting Group
Headquarter at:
Rue Cervantes 15
1190 Brussels, Belgium

Contact: Thomas Hallauer
E: thallauer@ptolemus.com
T: +44 7973 889 392

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Worldwide Electronic Toll Collection market to double from 2016 to 400 million vehicles in 2025 here

News-ID: 310734 • Views: 51438

More Releases from PTOLEMUS Consulting Group

Six months into the mandate, eCall is happening… slowly, says PTOLEMUS Consult …
London, 2nd October 2018 Six months since the pan-European emergency call mandate officially went into force, PTOLEMUS calls its early implementation a relative success. Despite delays on all sides, all EU Member States have upgraded their emergency services or PSAPs (Public Service Answering Points) to support “public eCall”, the basic service. This has not been without resistance from certain PSAPs, OEMs and governments. All had to invest heavily to provide the necessary
Verizon Telematics, Danlaw, Octo and MetaSystem amongst companies honoured in th …
14 companies have been awarded top marks in the 2013 Insurance Telematics Supplier Ranking, broken down by geographic area, technology and business segment. London, December 2nd, 2013 - As part of its UBI Global Study, PTOLEMUS has identified a total of 78 technology suppliers and 44 UBI service providers with demonstrated PAYD / PHYD capabilities in Europe, North America and other Continents. To help insurers in their selection, PTOLEMUS has ranked
Usage-based Insurance Global Study 2013 previewed at Chicago’s Insurance Telem …
As the US insurance industry meets in Chicago on September 5-6, PTOLEMUS announces it will offer an exclusive preview of the UBI Global Study at the show. PTOLEMUS, an international consulting firm recognised as the go-to source of information on UBI, is announcing the launch of the 2013 edition of its Usage-based Insurance (UBI) Study. Previewed at the world's largest conference on insurance telematics, the hefty 720-page study is by far the

All 4 Releases


More Releases for Road

Dartford Road Dental Centre
Dartford Road Dental Centre – dentist in Dartford Dartford Road Dental Centre is a dentist in the heart of Dartford and provides great dental care to patients from Dartford and the surrounding area. The dental practice opened in the 1980s and prides itself on providing award-winning dental care at affordable prices. The aim of Dartford Road Dental Centre is to provide good quality, up to date dental care in a caring and
Off-road Vehicles Market
Off-road vehicles are vehicles, which run on and off the road surface, usually over rough terrain. These vehicles are categorised on the basis of specifications of tyre and suspension. Factors such as high ground clearance, skid plates, approach departure, and breakover allows these vehicles to ply on unpaved roads with low and rough traction surfaces. It includes both two-wheelers and four-wheelers such as SUVs. Major factor driving growth of the market
Nineteen Church Road
Nineteen Church Road is a dentist in Hoveton in Norfolk. Everyone at the practice is dedicated to providing the very best in dental healthcare for all the family. They believe that each person is a unique and special individual who deserves the very best treatment, and they are committed to giving you just that. The dental practice in Hoveton offers dental implants, sedation, smile makeovers and dentures. In addition to cosmetic dentistry
Road Safety Market
Numerous systems, devices, and technologies are leveraged to ensure safety on highways, bridges, tunnels, and urban roads. Together they constitute the global road safety market, which at present is characterized by the presence of many players both from the private and public sectors. As a result, the competitive landscape is fragmented. Depending upon the different solutions for road safety available, the global market can be classified into automatic license plate
The Road to Co-operation
Gordon Pearson offers this critical and informed protest against the absurdity and error of economic theory, shedding new light on the predicament faced in 2012. He highlights the dangers of using bizarre mathematical models to guide policy prescriptions, arguing that the global challenges of growth and sustainability affect free market fundamentalist orthodoxy, causing a negative impact on enterprises, their governance and their stakeholders. His proposed realistic changes in policy and
Calendar Silk Road 2009
Under the title „Silk Road 2009 “has just published the calendar of the German globetrotter Jan Balster. The calendar: Samarkand and Buchara - names from 1001 nights, grand architecture of a century-old history Central-Asia. An expedition through the northern countries Central-Asia between Uzbekistan to China. The observer succumbs to the fascination of outstanding photographies that is sedate in scene optimally. Each leaf of the calendar is printed on both sides, a photography