TMCnet News
Outlook on the Electronic Toll Collection Global Market to 2026 - by Technology, System, Subsystem, Offering, Toll Charging, Application and RegionDUBLIN, March 3, 2021 /PRNewswire/ -- The "Electronic Toll Collection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global electronic toll collection market reached a value of US$ 9.78 Billion in 2020. An electronic toll collection (ETC) system is an automated mechanism that utilizes sophisticated cameras and sensors to perform various functions at a toll booth. The ETC can capture images of the vehicle's registration plate and scan the transponders attached to vehicles to collect the correct toll automatically when the vehicle passes the toll booth. It utilizes various advanced solutions, such as video analytics, Dedicated Short-Range Communications (DSRC), Global Positioning System (GPS) and Global Navigation Satellite System (GNSS) for toll collection and vehicle tracking. This saves travel time of the travellers, offers cashless facility, minimizes congestion at the toll booths and quickens toll transactions. Additionally, various technological advancements, including the utilization of real-time tracking and monitoring devices on vehicles and the adoption of radio-frequency identification (RFID) sensors, are favoring the market growth. Apart from toll collection, these systems also aid in tracking stolen automobiles and managing over-speeding vehicles. Other factors, including favorable government policies to improve transportation infrastructure, extensive research and development (R&D) activities and the increasing automation across the automotive sector, are projected to drive the market further. Looking forward, the publisher expects the global electronic toll collection market to reach a value of US$ 17.23 Billion by 2026, exhibiting a CAGR of 9.35% during 2021-2026.
1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Electronic Toll Collection Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Technology 6.1 RFID 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 DSRC 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Others 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by System 7.1 Transponder - or Tag-Based Toll Collection Systems 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Other Toll Collection Systems 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by Subsystem 8.1 Automated Vehicle Identification 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Automated Vehicle Classification 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Violation Enforcement System 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Transaction Processing 8.4.1 Market Trends 8.4.2 Market Forecast 9 Market Breakup by Offering 9.1 Hardware 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Back Office and Other Services 9.2.1 Market Trends 9.2.2 Market Forecast 10 Market Breakup by Toll Charging 10.1 Distance Based 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Point Based 10.2.1 Market Trends 10.2.2 Market Forecast 10.3 Time Based 10.3.1 Market Trends 10.3.2 Market Forecast 10.4 Perimeter Based 10.4.1 Market Trends 10.4.2 Market Forecast 11 Market Breakup by Application 11.1 Highways 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 Urban Areas 11.2.1 Market Trends 11.2.2 Market Forecast 12 Market Breakup by Region 12.1 North America 12.1.1 United States 12.1.1.1 Market Trends 12.1.1.2 Market Forecast 12.1.2 Canada 12.1.2.1 Market Trends 12.1.2.2 Market Forecast 12.2 Asia Pacific 12.2.1 China 12.2.1.1 Market Trends 12.2.1.2 Market Forecast 12.2.2 Japan 12.2.2.1 Market Trends 12.2.2.2 Market Forecast 12.2.3 India 12.2.3.1 Market Trends 12.2.3.2 Market Forecast 12.2.4 South Korea 12.2.4.1 Market Trends 12.2.4.2 Market Forecast 12.2.5 Australia 12.2.5.1 Market Trends 12.2.5.2 Market Forecast 12.2.6 Indonesia 12.2.6.1 Market Trends 12.2.6.2 Market Forecast 12.2.7 Others 12.2.7.1 Market Trends 12.2.7.2 Market Forecast 12.3 Europe 12.3.1 Germany 12.3.1.1 Market Trends 12.3.1.2 Market Forecast 12.3.2 France 12.3.2.1 Market Trends 12.3.2.2 Market Forecast 12.3.3 United Kingdom 12.3.3.1 Market Trends 12.3.3.2 Market Forecast 12.3.4 Italy 12.3.4.1 Market Trends 12.3.4.2 Market Forecast 12.3.5 Spain 12.3.5.1 Market Trends 12.3.5.2 Market Forecast 12.3.6 Russia 12.3.6.1 Market Trends 12.3.6.2 Market Forecast 12.3.7 Others 12.3.7.1 Market Trends 12.3.7.2 Market Forecast 12.4 Latin America 12.4.1 Brazil 12.4.1.1 Market Trends 12.4.1.2 Market Forecast 12.4.2 Mexico 12.4.2.1 Market Trends 12.4.2.2 Market Forecast 12.4.3 Others 12.4.3.1 Market Trends 12.4.3.2 Market Forecast 12.5 Middle East and Africa 12.5.1 Market Trends 12.5.2 Market Breakup by Country 12.5.3 Market Forecast 13 SWOT Analysis 13.1 Overview 13.2 Strengths 13.3 Weaknesses 13.4 Opportunities 13.5 Threats 14 Value Chain Analysis 15 Porters Five Forces Analysis 15.1 Overview 15.2 Bargaining Power of Buyers 15.3 Bargaining Power of Suppliers 15.4 Degree of Competition 15.5 Threat of New Entrants 15.6 Threat of Substitutes 16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 3M 16.3.1.1 Company Overview 16.3.1.2 Product Portfolio 16.3.1.3 Financials 16.3.1.4 SWOT Analysis 16.3.2 Conduent Business Services LLC 16.3.2.1 Company Overview 16.3.2.2 Product Portfolio 16.3.3 Cubic Transportation Systems Inc. 16.3.3.1 Company Overview 16.3.3.2 Product Portfolio 16.3.4 Efkon AG 16.3.4.1 Company Overview 16.3.4.2 Product Portfolio 16.3.4.3 Financials 16.3.5 Kapsch Trafficcom AG 16.3.5.1 Company Overview 16.3.5.2 Product Portfolio 16.3.5.3 Financials 16.3.5.4 SWOT Analysis 16.3.6 Q-Free 16.3.6.1 Company Overview 16.3.6.2 Product Portfolio 16.3.6.3 Financials 16.3.7 Raytheon Company 16.3.7.1 Company Overview 16.3.7.2 Product Portfolio 16.3.7.3 Financials 16.3.7.4 SWOT Analysis 16.3.8 Schneider Electric 16.3.8.1 Company Overview 16.3.8.2 Product Portfolio 16.3.9 Siemens AG 16.3.9.1 Company Overview 16.3.9.2 Product Portfolio 16.3.9.3 Financials 16.3.9.4 SWOT Analysis 16.3.10 Thales Group 16.3.10.1 Company Overview 16.3.10.2 Product Portfolio 16.3.11 Trans Core 16.3.11.1 Company Overview 16.3.11.2 Product Portfolio 16.3.12 Transurban Limited 16.3.12.1 Company Overview 16.3.12.2 Product Portfolio 16.3.12.3 Financials For more information about this report visit https://www.researchandmarkets.com/r/4fqvki Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/outlook-on-the-electronic-toll-collection-global-market-to-2026---by-technology-system-subsystem-offering-toll-charging-application-and-region-301239676.html SOURCE Research and Markets |