Electronic toll collection system is rapidly becoming the most popular way for commuters to pass through tolls on highways, expressways, etc. For more information about Toll collection system, visit https://www.agsindia.com/transit-business.aspx
The global Electronic Toll Collection market was worth USD 6.23 billion in 2020. According to the study, the market is expected to grow at the CAGR of 11.86% during 2021-2027 (forecast period), earning revenue of around USD 13.86 billion by the end of 2027.
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Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Get complete Report @ https://www.marketresearchfuture.com/reports/electronic-toll-collection-market-4971
"Electronic Toll Collection System Market 2013 – 2020: Analysis & Forecast” report analyses radio frequency identification (RFID), dedicated short-range communications (DRSC), video analytics, and global navigation satellite system (GNSS). View Complete Report @ http://goo.gl/OxGRN4
Request for TOC report @ http://bit.ly/2pOwYcA Electronic Toll Collection Market size is likely to register considerable growth rate in the coming years. Rising demand of effective traffic management owing to increasing on-road traffic and necessity of time savings will drive the electronic toll collection market growth. Enhanced features of these systems such as lesser waiting time, assuring convenience of drivers and operators, cashless travelling facility, less environmental pollution, and reducing traffic congestion at collection plazas are the benefits offered by this technology.
Request a Sample Brochure of Report @ http://www.marketintelreports.com/pdfdownload.php?id=9dime2606 The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
ETC Systems Market in North America @ BigMarketResearch, offers (Electronic Toll Collection) ETC Systems Market in North America Size,Share,Forecast,Analysis,Report,Research,Technology,Development by 2019 This analysts forecast the ETC systems market in North America to grow at a CAGR of 10.19 percent over the period 2014-2019. An electronic toll collection (ETC) system is a technologically sophisticated application that collects cashless toll at toll plazas and toll collection centers. The system uses transponders, antennas, sensors, and wireless communication devices equipped with RFID technology.
Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Get Complete Report @ https://www.marketresearchfuture.com/reports/electronic-toll-collection-market-4971
This report is based on an in-depth research study of the electronic toll collection system market across applications such as highways and urban areas. The report focuses on the various types of emerging applications that are available commercially, and forecasts the market demand for the electronic toll collection system market till 2020. The report profiles the major companies in the electronic toll collection system market, and details their recent developments, new technologies, and agreements for sustaining in this market. The report also provides the competitive landscapes of the key players which indicate their growth strategies in the electronic toll collection system market. Download PDF Brochure here (just copy and past this url): http://www.marketsandmarkets.com/pdfdownload.asp?id=224492059
Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Get complete Report @ https://www.marketresearchfuture.com/reports/electronic-toll-collection-market-4971
To read the complete report at: http://www.marketreportsonindia.com/consumer-goods-market-research-reports-45/electronic-toll-collection-etc-systems-india.html Market reports on India presents the latest report on “Market Outlook for Electronic Toll Collection (ETC) Systems in India to 2016-2021”This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level.
we as global consulting firm provide hundreds of market research reports with the latest forecast. we have covered all segments of electronic toll collection systems market like market size, share, trend, analysis in the market research report.
Electronic Toll Collection System Market by Type (ETC and AET) , Product (AVI and AVC) , Technology (RFID, DSRC, Video Analytics, and GNSS/GPS) , Application (Highway and Urban) and Geography - Analysis and Forecast (2014-2020)
According to MarketsandMarkets’ forecast, the electronic toll collection market is expected to be valued at USD 10.57 Billion by 2022, growing at a CAGR of 9.16% between 2017 and 2022. The growth of the electronic toll collection market is attributed to the increasing demand for electronic toll collection systems, driven by the need for providing efficient traffic management and improving toll collection accountability. The various types of electronic toll collection systems based on RFID, DSRC, and GPS technologies are being increasingly adopted on highways and in urban areas.
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According to the latest research report by IMARC Group, The global automated fare collection market size reached US$ 12.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 33.1 Billion by 2032, exhibiting a growth rate (CAGR) of 11.47% during 2024-2032. More Info:- https://www.imarcgroup.com/automated-fare-collection-market
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Looking forward, the automated fare collection market value is projected to reach a strong growth during the forecast period (2021-2026). More info:- https://www.imarcgroup.com/automated-fare-collection-market
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