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Electronic Toll Collection Market by Technology, Offering, Application, Type, and Region - Global Forecast to 2023 - ResearchAndMarkets.com

December 3, 2018

DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Electronic Toll Collection Market by Technology (RFID, DSRC, & Others (ANPR/ALPR, and Satellite-Based)), Offering (Hardware, and Back Office and Other Services), Application (Highways and Urban Areas), Type, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The overall ETC market is estimated to grow from USD 7.1 billion in 2018 to USD 10.7 billion by 2023, at a CAGR of 8.54%.

An effective solution to overcome traffic congestion with improved traffic flow per lane, increased allocation of funds for the deployment of ITS by various governments, reduced environmental pollution using ETC systems, improved convenience due to cashless travel facility, and development of smart cities across the world are the major factors driving the ETC market growth.

Increasing investment opportunities in economically and technologically developing countries, rising number of public-private partnership (PPP) agreements in the transportation sector, and growing transition to all-electronic tolling (AET) systems are likely to provide opportunities to the players in the ETC market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Electronic Toll Collection Market, By Type

8 Electronic Toll Collection Market, By Technology

9 Electronic Toll Collection Market, By Offering

10 Electronic Toll Collection Market, By Application

11 Parameters for Charging Toll Amount

12 Geographical Analysis

13 Competitive Landscape

14 Company Profiles

Abertis American Traffic Solutions Arh Inc. Autostrade Per L’italia Spa (Atlantia) Conduent Incorporated (Formerly Xerox Corporation) Cubic Transportation Systems, Inc. Efkon GmbH Electronic Transaction Consultants (ETC) Corporation Far Eastern Electronic Toll Collection Co. (FETC) G.E.A. Geotoll Indra Sistemas, S.A. Jenoptik Kapsch Trafficcom AG Kistler Group Mitsubishi Heavy Industries, Ltd. Neology (Formerly 3M) Norbit Perceptics Q-Free Quarterhill (International Road Dynamics) Raytheon Company Siemens AG Sociedad Ibrica De Construcciones Elctricas, S.A. (SICE) Star Systems International Tecsidel S.A. Thales Group Toll Collect GmbH Toshiba Transcore (Roper Technologies) Vinci

For more information about this report visit https://www.researchandmarkets.com/research/ws5jvv/electronic_toll?w=4

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Related Topics:Telematics and Vehicle Electronics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY PROFESSIONAL SERVICES FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/03/2018 12:18 PM/DISC: 12/03/2018 12:18 PM

http://www.businesswire.com/news/home/20181203005771/en

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