Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
DESCRIPTION The global electronic toll collection market is projected to witness the growth at a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2023, increasing from US$XX.XX billion in 2018. The electronic toll collection system has the ability to electronically charge a toll to an established customer account. The system has the potential to determine the whether the car is registered and alerting the local highway patrol about users that are not registered. It allows the vehicle to pass through a toll without requiring any action or stopping by the driver. The system makes the traffic more fluid and avoid bottleneck thereby reducing the number of accidents and generating positive environmental impacts. The popularity for automatic vehicle identification is growing over the years on account of its ability to determine the vehicle and their owners for the purpose of charging the toll to the customers resulting in an improvement in various traffic management strategies. The global electronic toll collection market enjoys a significant market share in North America and Europe owing to the regulation and policies supporting effective traffic management system to reduce congestion and utilise the road infrastructure to its full capacity. The global electronic toll market is segmented on the basis of component, technology, and geography. Based on component, the market is segmented into automatic vehicle identification, automatic vehicle classification, and video enforcement system. Furthermore, the market is categorized on the basis of technology which includes dedicated short run communication, global positioning system, global system for mobile communication, digital tachography, and radio frequency identification. Further, the market is analysed based on five regions, namely, North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The global electronic toll collection market is competitive owing to presence of well diversified international, regional and local players. However, some big international players dominate the market share owing to their band image and market reach. The high market growth and favourable government policies are further attracting more Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
players in the market while enhancing the competitive rivalry. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence. Some of the major players discussed in the report are Cubic Corporation, Denso Corporation, EFKON Gmbh, and Atlantia S.p.A among others. Segmentation The global electronic toll collection market has been segmented by component, technology, and geography. By Component o Automatic Vehicle Identification o Automatic Vehicle Classification o Video Enforcement System By Technology o Dedicated Short Range Communication o Global Positioning System o Global System for Mobile Communication o Digital Tachography o Radio Frequency Identification By Geography o North America o South America o Europe o Middle east and Africa o Asia Pacific
Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
Key questions answered by the report What will be the global electronic toll collection market size from 2018 to 2023? How are the major drivers and restraints affecting the global electronic toll collection market and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behaviour Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the Study 1.3. Currency 1.4. Assumptions 1.5. Base, and Forecast Years Timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Key Findings Of The Study 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Regulations 4.7. Industry Value Chain Analysis 4.8. Scenario Analysis 5. Global Electronic Toll Collection Market Forecast By Component (US$ billion) 5.1. Introduction 5.2. Automatic Vehicle Identification 5.3. Automatic Vehicle Classification 5.4. Video Enforcement System 6. Global Electronic Toll Collection Market Forecast By Technology (US$ billion) Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
6.1. Introduction 6.2. Dedicated Short Run Communication 6.3. Global Positioning System 6.4. Global System for Mobile Communication 6.5. Digital Tachography 6.6. Radio Frequency Identification 7. Global Electronic Toll Collection Market Forecast By Geography (US$ billion) 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East and Africa 7.6. Asia Pacific 8. Competitive intelligence 8.1. Market Share Analysis 8.2. Strategies of Key Players 8.3. Recent Investments And Deals 9. Company profiles 9.1. Cubic Corporation 9.1.1. Overview 9.1.2. Financials 9.1.3. Product and Services 9.1.4. Key Developments 9.2. Denso Corporation 9.2.1. Overview 9.2.2. Financials 9.2.3. Products and Services 9.2.4. Key Developments 9.3. EFKON GmbH 9.3.1. Overview 9.3.2. Financials 9.3.3. Products and Services 9.3.4. Key Developments Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
9.4. Atlantia S.p.A 9.4.1. Overview 9.4.2. Financials 9.4.3. Products and Services 9.4.4. Key Developments 9.5. TransCore 9.5.1. Overview 9.5.2. Financials 9.5.3. Products and Services 9.5.4. Key Developments 9.6. Sirit Technologies Inc. 9.6.1. Overview 9.6.2. Financials 9.6.3. Products and Services 9.6.4. Key Developments 9.7. 3M 9.7.1. Overview 9.7.2. Financials 9.7.3. Products and Services 9.7.4. Key Developments 9.8. Far Eastern Electronic Toll Collection Co. 9.8.1. Overview 9.8.2. Financials 9.8.3. Products and Services 9.8.4. Key Developments 9.9. GeoToll 9.9.1. Overview 9.9.2. Financials 9.9.3. Products and Services 9.9.4. Key Developments
Global Electronic Toll Collection Market – Forecasts from 2017 to 2022
TO ORDER OR REQUEST FOR A SAMPLE: Product: Global Electronic Toll Collection Market – Forecasts from 2017 to 2022 Link:https://www.knowledge-sourcing.com/products/global-electronic-toll-collectionmarket-forecasts-from-2017-to-2022 Price: US$3,600 – Single User License US$4,600 – Multi User License US$6,600 – Enterprise License Payment: To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with the payment For wire transfer, write to us at sales@knowledge-sourcing.com
For any custom requirements or queries, please visit our website or call us: Website: www.knowledge-sourcing.com Phone: +1-866-714-4587
Global Electronic Toll Collection Market – Forecasts from 2017 to 2022