Global ETC Systems Market - Size, Share, Global Trends, Company Profiles, Demand, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014-2018
About Electronic Toll Collection Systems An electronic toll collection (ETC) system is a sophisticated application that includes a group of technologies to provide automated non-stop cashless payment of road toll at toll plazas or toll collection center. The system works with various technology-enabled products such as transponders, antennas, sensors, and wireless communication devices equipped with RFID technology. The vehicles are charged toll, as they drive through the toll gates, by means of various wireless communication devices installed at toll gates and system devices mounted on the vehicle. The vehicle do not have to stop to pay the toll. The ETC system helps to reduce traffic congestion on highways and the traffic management process is also streamlined. To Get More Details @ http://www.bigmarketresearch.com/global-etc-systems-20142018-market TechNavio's analysts forecast the Global ETC Systems market to grow at a CAGR of 9.89 percent over the period 2013-2018. Covered in this Report This report covers the present scenario and the growth prospects of the Global ETC Systems market for the period 2014-2018. To calculate the market size, this report covers the revenue generated by ETC systems providers. The report also provides data on different segments of the Global ETC Systems market. The market is segmented according to ETC systems products, ETC systems technology, and on the basis of geography.