Report on Global Electronic Toll Collection (ETC) Systems Market highlights the growth in North America, Europe and Asia region to 2020 just published

Global ETC Systems Industry 2016 Market Research Report was a professional and depth research report on Global ETC Systems industry that you would know the world's major regional market conditions of ETC Systems industry, the main region including North American, Europe and Asia etc., and the main country including United States ,Germany ,Japan and China etc.

Electronic toll collection (ETC) system is an automated system, eliminating manual operations by toll payers and receivers. The global ETC market is expected to steer towards a strong double-digit growth rate in the coming five years (2015-2020). The primary drivers of the upcoming growth comprise the need to save travel time, cashless travel facility, the need to stop/minimize the traffic congestion and fast toll transaction. However, factors like high installation cost and a high dependence on government are hindering the growth of this market to some extent. The ETC market is expected to continue its rapid expansion to meet the surging demand for an improved, safe and secure infrastructure. The ETC system provides fast, efficient and cost-effective services. They have easy to operate buttons with a user-friendly design. They are also beneficial for traffic agencies and companies as these systems eliminate the need for multiple toll plazas, acting as a cost-saving factor for road operator agencies. Electronic toll collection systems have a positive impact on the environment as it reduces the amount of exhaust emitted from vehicles during start-up and stop at manual toll booths.

Global ETC Systems Industry 2016 Market Research Report
http://www.marketintelreports.com/report/9dime2606/global-etc-systems-industry-2016-market-research-report

The ETC market can be categorized into products, technologies, applications and geographies. Transponders, antennae, communication systems, treadles, inductive loops, scanning devices, weigh-in-motion devices, cameras and film storage devices are some of the major products of the system. An electronic toll collection system consists of various subsystems, such as automatic vehicle identification (AVI), automatic vehicle classification (AVC), back-office &integration and violation enforcement system (VES). These subsystems are useful for specific functions -AVI for vehicle identification, AVC for vehicle classification, toll collection transaction by integrating the back-office and payment system and VES to reduce unpaid tolls, by vehicle imaging.

Geographically, the ETC market can be segmented into North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe, and Middle East & Africa. Present market scenario represents a strong presence of ETC system in the US, Canada and Mexico in North America, South Korea, Taiwan, Thailand, Malaysia, Hong Kong, Philippines and Singapore in Asia Pacific, and the UK, Ireland, Portugal, France, Germany, Italy and Spain in Europe.

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Some of the key players in the ETC market are Honeywell International, Inc., Transurban, Transtoll Pty Ltd., Transcore Holdings, Inc., Toll Collect GmbH, TRMI Systems Integration, Sensor Dynamics, Xerox Corporation, 3M, Connect East, EFKON, SAIC, DENSO, Q-Free, Mitsubishi Heavy Industries, Ltd., Perceptics, Thales Group and Kapsch TrafficCom AG. The ETC ecosystem participants offer a wide range of solutions, such as software services and system integration and toll system operations including maintenance, payment handling and revenue assurance. It is the future solution to alleviating traffic congestion problems.

In a word, it was a depth research report on Global ETC Systems industry. And thanks to the support and assistance from ETC Systems industry chain related technical experts and marketing experts during Research Team survey and interviews.

The report including six parts, the first part mainly introduced the product basic information; the second part mainly analyzed the Asia ETC Systems industry; the third part mainly analyzed the North American ETC Systems industry; the fourth part mainly analyzed the Europe ETC Systems industry; the fifth part mainly analyzed the market entry and investment feasibility; the sixth part was the report conclusion chapter.

The research report presents a comprehensive assessment of the ETC market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data &projections with a suitable set of assumptions and methodology. It provides analysis and information by categories, such as products, technologies, applications and geographies.

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