Press release
Toll Management Systems Market to Reach USD 23.44 Bn by 2029, emerging at a CAGR of 10.34 percent and forecast 2023-2029
Toll Management Systems Market
The Toll Management System is introduced as a solution to address these concerns. It allows toll plazas to collect fees efficiently without human intervention, employing various technologies such as RFID, DSRC, and video analytics. The stringent government regulations to alleviate traffic congestion, reduce accidents, and mitigate air pollution are identified as key drivers for the growth of the toll management systems market.
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Toll Management Systems Market Research Methodology:
The report utilizes a robust research methodology to provide in-depth insights into the Toll Management Systems Market, ensuring the information presented is well-supported by data and analysis.
What are Toll Management Systems Market Dynamics:
The report highlights the factors driving the growth of the toll management systems market. It discusses the significant influence of North America, where the high number of vehicles per person and the demand for seamless toll collection without stopping or slowing down vehicles at toll plazas have spurred the market. Furthermore, North America is home to major global players in the toll management system industry, strengthening its market position.
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What is Toll Management Systems Market Segmentation:
by Component
• Software
• Services
by Technology
• Video Analytics
• Radio-frequency Identification
• Infrared
• Dedicated Short-range Communication
• GNSS & GPS
by Application
• Highways
• Urban
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Who are Toll Management Systems Market Key Players:
• Kapsch Group
• Thales Group
• Toshiba Corporation
• Conduent LLC
• Siemens AG
• TransCore LP
• Cubic Transportation
• Perceptics LLC
• EFKON GmbH
• Transcore
• Indra
• Ascom
• Cubic
• T-Systems International
• GMV
• Rieter
• DENSO
• International Road Dynamics
• Neology
• Direct Debit
• Watchdata
• Telemetric
• Trackunit
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Table of content for the Toll Management Systems Market includes:
Toll Management Systems Market: Research Methodology
Toll Management Systems Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Toll Management Systems Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Toll Management Systems Market Regional Insights:
North America: This region is anticipated to lead the market due to its substantial number of vehicles per person. In North America, travelers and transportation departments are inclined towards a seamless toll collection experience. Moreover, the presence of key global players in the toll management system sector, particularly in the United States, is expected to bolster the market.
Asia Pacific: The Asia Pacific region is poised for rapid growth during the forecast period. Governments have enacted stringent regulations for RFID tag installation in vehicles and the automation of toll collection. Countries like India and China are replacing manual toll booths with electronic toll collection systems. Growing urbanization, public-private partnerships in transportation services, and road construction developments are forecasted to present numerous lucrative opportunities for the toll management systems market in the Asia Pacific.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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