Global Electronic Toll Collection Market Study, 2020-2025: A $16.7 Billion Opportunity Assessment - ResearchAndMarkets.com

DUBLIN--()--The "Electronic Toll Collection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global electronic toll collection market is currently witnessing strong growth. Looking forward, the market is projected to reach a value of US$ 16.7 Billion by 2025, registering a CAGR of around 10% during 2020-2025.

The development of smart transportation systems, along with the growing requirement of effective traffic management solutions, is among the key factors driving the growth of the market. Furthermore, as a result of the rapidly rising population across the globe, which is leading to increasing on-road vehicles, there is increased adoption of ETC systems across developing nations to manage the additional congestion at toll plazas on highways and roads.

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.

The competitive landscape of the industry has also been examined with some of the key players being 3M, Conduent Business Services LLC, Cubic Transportation Systems Inc., Efkon AG, Kapsch Trafficcom AG, Q-Free, Raytheon Company, Schneider Electric, Siemens AG, Thales Group, Trans Core, Transurban Limited Ltd., etc.

Key Questions Answered

  • How has the global electronic toll collection market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the system?
  • What is the breakup of the market based on the subsystem?
  • What is the breakup of the market based on the offering?
  • What is the breakup of the market based on the toll charging?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global electronic toll collection market and who are the key players?
  • What is the degree of competition in the market?

Key Topics Covered

1 Preface

2 Scope and 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 Market Forecast

6 Market Breakup by Technology

6.1 RFID

6.2 DSRC

6.3 Others

7 Market Breakup by System

7.1 Transponder - or Tag-Based Toll Collection Systems

7.2 Other Toll Collection Systems

8 Market Breakup by Subsystem

8.1 Automated Vehicle Identification

8.2 Automated Vehicle Classification

8.3 Violation Enforcement System

8.4 Transaction Processing

9 Market Breakup by Offering

9.1 Hardware

9.2 Back Office and Other Services

10 Market Breakup by Toll Charging

10.1 Distance Based

10.2 Point Based

10.3 Time Based

10.4 Perimeter Based

11 Market Breakup by Application

11.1 Highways

11.2 Urban Areas

12 Market Breakup by Region

12.1 North America

12.2 Asia Pacific

12.3 Europe

12.4 Latin America

12.5 Middle East and Africa

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

  • 3M
  • Conduent Business Services LLC
  • Cubic Transportation Systems Inc.
  • Efkon AG
  • Kapsch Trafficcom AG
  • Q-Free
  • Raytheon Company
  • Schneider Electric
  • Siemens AG
  • Thales Group
  • Trans Core
  • Transurban Limited Ltd.

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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