The Electronic Toll Collection (ETC) Systems market is expected to witness a CAGR growth rate of +6%. The global Electronic Toll Collection (ETC) Systems market is expected to grow to US$ +9 billion by 2026 from US$ +5 billion in 2019.
The electronic toll collection system is an automated system, eliminating manual operations by toll payers and receivers. The global ETC market is expected to steer towards a strong double-digit growth rate in the coming five years (2019-2026). The primary drivers of the upcoming growth comprise the need to save travel time, cashless travel facility, the need to stop/minimize the traffic congestion and fast toll transaction. However, factors like high installation costs and a high dependence on government are hindering the growth of this market to some extent.
Electronic Toll Collection (ETC) Systems Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Top Leading Companies of Electronic Toll Collection (ETC) Systems Market:-
Atlantia SpA, Cubic Corporation, DENSO CORPORATION, EFKON AG, Far Eastern Electronic Toll Collection Co. (FETC), G.E.A., GeoToll, International Road Dynamics, Inc, Kapsch TrafficCom AG, Neology, Perceptics LLC, Q-FREE ASA, Raytheon Company, Sanef, Siemens AG, Star Systems International Limited, Thales Group, Revenue Markets Inc., Toll Collect GmbH, TransCore Holdings, Inc, Xerox Corporation
Market segment by Type, the product can be split into
- Vehicle Automatic Understanding System
- Short Range Communication
- Global Position Finding Satellite System
Electronic Toll Collection (ETC) Systems Market segment by Application, split into
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Scope of Electronic Toll Collection (ETC) Systems Market Report:
The Electronic Toll Collection (ETC) Systems market report highlights historic and forecasted market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.
- Highlights and compares key product categories for growth trends and revenue forecast.
- Electronic Toll Collection (ETC) Systems Market size, annualized revenue and unit sales for each product category from 2014 to 2026.
- Cross category comparison – Growth and revenue comparison for product categories, historic and forecast through 2026.
- Market share of companies.
- Average selling price ($) for each product type (2014 to 2019).
- Recent Events and Developments
In this study, the years considered to estimate the market size of Electronic Toll Collection (ETC) Systems Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019 to 2026
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Table of Content:-
Chapter 1 Global Electronic Toll Collection (ETC) Systems Market Overview
Chapter 2 Market Data Analysis
Chapter 3 Market Technical Data Analysis
Chapter 4 Market Government Policy and News
Chapter 5 Market Productions Supply Sales Demand Market Status and Forecast
Chapter 6 Global Market Manufacturing Process and Cost Structure
Chapter 7 Global Electronic Toll Collection (ETC) Systems Market Key Manufacturers
Chapter 8 Up and Down Stream Industry Analysis
Chapter 9 Marketing Strategy – Market y Analysis
Chapter 10 Market Development Trend Analysis
Chapter 11 Global Electronic Toll Collection (ETC) Systems Market New Project Investment Feasibility Analysis