Global Vehicle Toll Collection and Access System Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Vehicle Toll Collection and Access System Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The cost of maintenance and recovery of highways, roads, bridges, and tunnels is collected directly or indirectly from public. This is known as toll collection. The practicability of this tax collection was first raised in the European market and then later moved to the North American market. With the APAC and African road infrastructure market still in the developing phase, the vehicle toll collection and access system market is expected to grow at a CAGR of around 14% by the end of 2023.

The introduction of magnetic stripe swipe cards and contactless Radio Frequency Identification (RFID) badges in the early eighties has initiated the birth of vehicle access control tolling industry. The predominant technology used in vehicle access is the microwave technology - 2.45 GHz readers are used to identify cars and other vehicles that are equipped with semi-active or active badges.

North America and Europe have the largest market for toll collection and vehicle access systems. Several developed and developing countries across the world adopt new technology, driving the market. It is expected that this growth rate will double in these countries during forecast period.

Companies Mentioned

  • Vehicle Access
  • Magnetic Autocontrol
  • Nedap
  • Take
  • Feig Electronics
  • 3M
  • Automatic Systems-IER Group
  • Tagmaster
  • Stid Electronic Identification
  • Automatic Boom Barriers
  • TRMI
  • Infotek Software and Systems
  • TransCore
  • Mark IV Industries
  • Toll Collect
  • Schneider Electric
  • Siemens Electronic Trolling

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview and Technological Trends

5. Market Dynamics

5. Global Vehicle Toll Collection and Access Systems Market Segmentation, By Tollgate Types

6. Global Vehicle Toll Collection and Access Systems Market Segmentation, by Toll Collection Type

7. Global Vehicle Toll Collection and Access Systems Market Segmentation, By Infrastructure Source Type

8. Global Vehicle Toll Collection and Access Systems Market Segmentation, by Geography

9. Competitive Landscape

10. Company Profile

11. Outlook of the Market

12. Disclaimer

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Related Topics: Automotive

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive