Electronic Toll Collection Market 2018 with Focus on Competitive Landscape and Growth Factors

1. Electronic Toll Collection Market Research Report - Global Forecast to 2023 Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Scenario: A toll road, is a private or public roadway for which a fee is charged to pass. Frequently, these toll booths cause traffic delays during rush hours due to toll collection process. This factor has given birth to electronic toll collection system, which swiftly eliminates manual operations by toll payers and receivers. Electronic toll collection uses sophisticated cameras and sensors to capture an image of vehicle’s registration plate and assigns the correct toll. The global Electronic Toll Collection Market is expected to steer towards a strong double-digit growth rate in the coming years. The primary drivers of the upcoming growth include the need to save travel time, cashless travel facility, the need to stop/minimize the traffic congestion and fast toll transaction. The ETC market is expected to continue its quick expansion to meet the surging demand for an improved, safe and secure infrastructure providing a fast, efficient and cost-effective services. High installation cost, tag maintenance and high dependence on policies are some of the factors limiting the market growth. Get Sample of Report @ https://www.marketresearchfuture.com/sample_reques t/4971 GENVICT is a leader among equipment suppliers in ETC industry in China. They had sold more than 5.5 million sets of offshore banking unit (by the end of 2014, around 40% of OBU stock market. The company has introduced multiple intelligent front-mounted ETC electronic tags, of which ETC rearview mirror integrated electronic tag is being jointly tested by many companies. Global electronic toll collection market is expected to grow at CAGR 9% through the forecast period.

2. Segmentation The market for global electronic toll system is segmented on the basis of type, product, technology, application, means of toll collection and region. On basis of type the segment is further classified into electronic toll collection (ETC), all electronic tolling (AET), automatic number plate recognition (ANPR) and transponders. On the basis of product, the market is further classified into automated vehicle identification (AVI) and automated vehicle classification (AVC). On the basis of technology the market of global electronic toll collection is further classified into radio frequency identification (RFID), dedicated short range communications (DSRC), global positioning system (GPS) and others. On the basis of toll collection, the market is further classified into prepaid and postpaid. Electronic toll collection has wide areas of applications such as highways, urban areas and others. Key Players Some of the key players in the market are 3M (U.S.), Xerox Corporation(U.S.), Q-Free (Norway), Cubic Transportation Systems, Inc. (U.S.), Siemens AG (Germany), Thales Group (France), Transurban Limited (Australia), International Road Dynamics, Inc. (Canada), Raytheon Company (U.S.), The Revenue Markets Inc. (U.S.), Schneider Electric SE (France), Toll Collect GmbH (Germany), Perceptics, LLC (U.S.), TransCore (U.S.), Far Eastern Electronic Toll Collection Co., Ltd. (Taiwan), and Xiamen Innov Information Technology Co., Ltd. (China); and software providers such as, VaaaN (India), TransCore, LP (U.S.), and GeoToll, Inc. (U.S.). Regional Analysis: North America is expected to hold the largest share of the electronic toll collection market by 2023. The usage of four-wheelers and heavy vehicles is high in North America, which is the main reason for the requirement of an effective transportation system in the North American countries. The European toll market, currently characterized by a large number of national companies and organizations, is also undergoing change. Countries such as Germany, France and Belgium have recognized that the market is changing and are moving toward setting standards. Asia Pacific region is at rapid expansion stage. Most of the countries are adapting this technique to be free from cumbersome traffic conditions. Asia Pacific is expected to grow at rapid rate through the forecast period. Get complete Report @ https://www.marketresearchfuture.com/reports/electronic -toll-collection-market-4971

3. Intended Audience •Technology Providers •Research organizations •Technology investors •Venture capitalists •Government organizations TABLE OF CONTENTS LIST OF TABLES 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Research Objectives 2.2.2 Assumptions & Limitations 2.3 Markets Structure 3 Market Research Methodology 3.1 Research Process 3.2 Secondary Research 3.3 Primary Research 3.4 Forecast Model 4 Market Landscape 4.1 Porter’s Five Forces Analysis 4.1.1 Threat Of New Entrants 4.1.2 Bargaining Power Of Buyers

4. 4.1.3 Threat Of Substitutes 4.1.4 Segment Rivalry 4.2 Value Chain/Supply Chain Of Global Electronic Toll Collection Market 5 Industry Overview Of Global Electronic Toll Collection Market 5.1 Introduction 5.2 Growth Drivers 5.3 Impact Analysis 5.4 Market Challenges Continued… Table of Contents: Table 1 Global Electronic Toll Collection Market: By Region, 2017-2023 Table 2 North America Electronic Toll Collection Market: By Country, 2017-2023 Table 3 Europe Electronic Toll Collection Market: By Country, 2017-2023 Table 4 Asia-Pacific Electronic Toll Collection Market: By Country, 2017-2023 Table 5 Middle East & Africa Electronic Toll Collection Market: By Country, 2017-2023 Table 6 Latin America Electronic Toll Collection Market: By Country, 2017-2023 Table 7 Global Electronic Toll Collection By Type Market: By Regions, 2017-2023 Table 8 North America Electronic Toll Collection By Type Market: By Country, 2017-2023 Table 9 Europe Electronic Toll Collection By Type Market: By Country, 2017-2023 Table10 Asia-Pacific Electronic Toll Collection By Type Market: By Country, 2017-2023 Table11 Middle East & Africa Electronic Toll Collection By Type Market: By Country, 2017-2023 Table12 Latin America Electronic Toll Collection By Type Market: By Country, 2017-2023 Table13 Global Electronic Toll Collection By Technology Market: By Regions, 2017-2023

5. Table14 North America Electronic Toll Collection By Technology Market: By Country, 2017-2023 Table15 Europe Electronic Toll Collection By Technology Market: By Country, 2017-2023 Table16 Asia-Pacific Electronic Toll Collection By Technology Market: By Country, 2017-2023 Table17 Middle East & Africa Electronic Toll Collection By Technology Market: By Country, 2017- 2023 Table18 Latin America Electronic Toll Collection By Technology Market: By Country, 2017-2023 Continued… Know More about this Report @ https://www.marketresearchfuture.com/press- release/electronic-toll-collection-market About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Media Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com