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Global Electronic Toll Collection Market Analysis and Forecast 2022 by Size, Share and Growth Rate

04-07-2017 09:03 AM CET | IT, New Media & Software

Press release from: Orbis Research

Orbis Research

Orbis Research

The Global Electronic Toll Collection Market is accounted for $4.75 billion in 2015 and is expected to reach $10.96 billion by 2022 growing at a CAGR of 12.6% during the forecast period”. Factors such as increasing demand for safe and secure infrastructure, low travel time, cashless travel facility and free flow of traffic are propelling the market growth. High installation costs and high dependence on government are some of the factors limiting the market growth. Increased safety and better environment are providing ample of opportunities for the market growth.

Browse the report: http://www.orbisresearch.com/reports/index/electronic-toll-collection-global-market-outlook-2016-2022

North America holds the largest market share during the forecast period followed by Europe. Asia Pacific is expected to have steady growth, whereas RoW represents a high CAGR due to increasing adoption rate of electronic toll collection in regions such as Africa, Middle East and Latin America.

Some of the key players in Electronic Toll Collection market include Thales Group, Q-Free, 3M, International Road Dynamics, Inc., Siemens AG, Cubic Transportation Systems, Inc. Atlantia S.p.A., Schneider Electric SE, Transcore Holdings, Inc., Efkon AG, TRMI Systems Integration, Kapsch Trafficcom AG, Xerox Corporation, Honeywell International, Inc., Transurban, Transtoll Pty Ltd., Toll Collect GmbH, Sensor Dynamics and SAIC.

Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/229472

Applications Covered:
Urban
Highway

Types Covered:
All-Electronic Tolling (AET)
Transponders
Automatic Number Plate Recognition (ANPR)
Electronic toll collection (ETC)

Technologies Covered:
Dedicated Short-Range Communications (DSRC)
Radio Frequency Identification (RFID)
Video Analytics
Global Navigation Satellite System (GNSS)/GPS

Products Covered:
Automatic Vehicle Classifier (AVC)
Automated Vehicle Identification (AVI)
Other Products

Buy the report@http://www.orbisresearch.com/contact/purchase/229472

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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 7 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

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

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