Electronic Toll Collection Market 2026: Leading Players, Emerging Technologies, Industry Growth Analysis
Category: #Technology  By Partha Ray  Date: 2020-05-11
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Electronic Toll Collection Market 2026: Leading Players, Emerging Technologies, Industry Growth Analysis

The electronic toll collection market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the electronic toll collection industry as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.

Based on products, electronic toll collection market is divided into antennae, transponders, treadles, scanning devices, inductive loops, weigh-in motion devices, film storage devices and cameras. Various subsystems in this segment are Automatic vehicle identification (AVI), violation enforcement systems (VEC), automatic vehicle classification (AVC), back-office & integration. AVI segment is anticipated to dominate

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A detailed evaluation of the technology landscape and the parameters it elaborates on:

  • The electronic toll collection market, as per the report study, has been categorized into the segments dedicated short range communications (DSRC), radio frequency identification (RFID), global networking satellite systems (GNSS), and global positioning system (GPS).
  • The research document provides a detailed understanding of the technology landscape pertaining to its evaluation.
  • The market share estimated to be held by each of these subsegments currently and by the end of the forecast period is provided in the study.
  • The remuneration that the technology segments will be pegged at by the end of the projected timeframe is also mentioned in the study.
  • The numerous trends characterizing the performance of the technology spectrum have been elaborated on, in the study.

A detailed evaluation of the applications landscape and the parameters it elaborates on:

  • The electronic toll collection market, as per the study, has been segregated into the segments urban areas, bridges, and highways.
  • The research study delivers an in-depth understanding of the applications landscape pertaining to its evaluation.
  • The market share projected to be held by each of these subsegments currently and by the end of the estimated period is provided in the study.
  • The valuation that the applications segments will be pegged at by the end of the forecast timeframe is also mentioned in the study.
  • The ongoing and future trends defining the growth graph of the applications landscape have been discussed in the study.

The research study, in essence, comprises an inherent understanding of the electronic toll collection market in detail. The document in question provides an executive summary, detailed industry ecosystem analysis, industry insights, an overview of global trends, and the market segmentation. Deliverables related to the competitive and regulatory spectrums are also elaborated in the study alongside the strategic perspectives of industry players.

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Asia pacific electronic toll collection market is predicted to showcase an exponential growth rate over the forecast timeline owing to high demand of these systems in the emerging economies such as China, India, South Korea, Philippines, Singapore, and Malaysia. Increasing traffic and development of road infrastructure has led to these systems demand, thus fueling the industry growth

Competitors of the industry include Transurban Limited, Transcore Holdings Inc., Sensor Dynamics, Xerox Corporation, TRMI Systems Integration, G.E.A, SAIC, Perceptics Inc., Q-free, Thales Group, Cubic Transportation Systems, EFKON AG, Kapsch TrafficCom AG, 3M, Connect East, Atlantia SpA, and International Road Dynamics. The industry players focus on continuous upgradations and innovations of these systems for gaining the competitive edge. For instance, on April 7, 2017, Halifax Darmouth Bridge Commissions selected Transcore Holdings Inc. to upgrade the toll systems for Mackay and Macdonald bridges in Canada.

 

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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