Electronic Toll Collection Market Report PDF, Industry Trend, Analysis and Revenue Statistics

1. Global Electronic Toll Collection Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | IMARC Group Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Electronic Toll Collection Market Outlook 2026: According to the latest report by IMARC Group, titled "Electronic Toll Collection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global electronic toll collection market is currently witnessing strong growth. An electronic toll collection (ETC) system is an automated machine that collects the usage fee from vehicles at toll plazas. This system involves the use of high-quality sensors and cameras that aid in determining if the passing vehicle is registered. ETC efficiently collects the required data by scanning the automated radio transponders equipped with the registered vehicles. These vehicles are not required to stop at the toll booth since the payment is automatically deducted from their linked customer account. These machines are consequently gaining widespread preference as they facilitate efficient vehicle tracking, enhanced cash handling, fuel-efficiency and payment flexibility while minimizing traffic congestion and eliminating the need for manual intervention. Request for a free sample report: https://www.imarcgroup.com/electronic-toll-collection-market/requestsample

4. Report Description and Highlights Report Description Global Electronic Toll Collection Market Trends: The growing requirement for efficient traffic management solutions, primarily catalyzed by expanding vehicle fleet, represents one of the key factors driving the market growth. The rising consumer expenditure capacities and population explosion have resulted in increasing uptake of automobiles, which, in turn, has created an imminent need for the expansion of road transportation network. This has further facilitated the increasing installations of smart tolling booths to manage the growing on-road traffic. Consequently, ETC systems are being increasingly installed to enable fast and efficient toll collection while enhancing the overall customer experience. The market is further driven by the growing integration of advanced technologies with ETC systems. For instance, ETC systems are being equipped with Radio Frequency Identification (RFID) and Global Positioning System (GPS) technologies to facilitate swift identification of registered vehicles and real-time monitoring.

5. Report Description and Highlights Report Description • This, along with the emerging trend of smart transportation systems, increasing automation across the automotive sector and enhanced research and development (R&D), is projected to further create a positive outlook for the market. • Market Summary: • Breakup by technology: • RFID • DSRC • Breakup by System: • Transponder- or tag-based • other toll collection systems

6. Report Description and Highlights Report Description • Breakup by Region: • North America  • Europe • Asia Pacific • Latin America  • Middle East and Africa • Breakup by Subsystem: • Automated vehicle identification • Automated vehicle classification • Violation enforcement system • Transaction processing. • Breakup by Offer-Type: • Hardware • Back office 

7. Report Description and Highlights Report Description • Breakup by Charge: • Distance • Point • Time • Perimeter-based toll charging • Breakup by Application: • Highways • Urban areas • Furthermore, governments of various nations, especially in developing countries, are mandating the installation of ETC systems in an effort to manage over-speeding vehicles, regulate traffic jams and increase transparency in the toll collection process.

8. Report Description and Highlights Report Description • Competitive Landscape With Keyplayer: • 3M Company • Conduent Incorporated • Cubic Corporation • EFKON GmbH • KapschTrafficComAG • Q-Free ASA • Raytheon Technologies Corporation • Schneider Electric • Siemens AG • Thales SA • TC IP Ltd. • Transurban Limited • View Report TOC, Figures and Tables : https://www.imarcgroup.com/electronic-toll-collection-market

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10. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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