Electronic Toll Collection (ETC) Systems Market Analysis to 2020

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Global ETC Systems Industry 2016 Market Research
Report
Published on 16 January, 2016 Number of
pages 162 Single User Price 2850
Global ETC Systems Industry 2016 Market Research
Report was a professional and depth research
report on Global ETC Systems industry that you
would know the world's major regional market
conditions of ETC Systems industry, the main
region including North American, Europe and Asia
etc, and the main country including United States
,Germany ,Japan and China etc.
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Electronic toll collection (ETC) 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
(2015-2020). 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 cost and a high dependence on
government are hindering the growth of this
market to some extent. The ETC market is
expected to continue its rapid expansion to meet
the surging demand for an improved, safe and
secure infrastructure. The ETC system provides
fast, efficient and cost-effective services. They
have easy to operate buttons with a user-friendly
design. They are also beneficial for traffic
agencies and companies as these systems eliminate
the need for multiple toll plazas, acting as a
cost-saving factor for road operator agencies.
Electronic toll collection systems have a
positive impact on the environment as it reduces
the amount of exhaust emitted from vehicles
during start-up and stop at manual toll booths.
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The ETC market can be categorized into products,
technologies, applications and geographies.
Transponders, antennae, communication systems,
treadles, inductive loops, scanning devices,
weigh-in-motion devices, cameras and film storage
devices are some of the major products of the
system. An electronic toll collection system
consists of various subsystems, such as automatic
vehicle identification (AVI), automatic vehicle
classification (AVC), back-office integration
and violation enforcement system (VES). These
subsystems are useful for specific functions -AVI
for vehicle identification, AVC for vehicle
classification, toll collection transaction by
integrating the back-office and payment system
and VES to reduce unpaid tolls, by vehicle
imaging.
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Geographically, the ETC market can be segmented
into North America, Latin America, Asia Pacific,
Japan, Western Europe, Eastern Europe, and Middle
East Africa. Present market scenario represents
a strong presence of ETC system in the US, Canada
and Mexico in North America, South Korea, Taiwan,
Thailand, Malaysia, Hong Kong, Philippines and
Singapore in Asia Pacific, and the UK, Ireland,
Portugal, France, Germany, Italy and Spain in
Europe. Some of the key players in the ETC
market are Honeywell International, Inc.,
Transurban, Transtoll Pty Ltd., Transcore
Holdings, Inc., Toll Collect GmbH, TRMI Systems
Integration, Sensor Dynamics, Xerox Corporation,
3M, Connect East, EFKON, SAIC, DENSO, Q-Free,
Mitsubishi Heavy Industries, Ltd., Perceptics,
Thales Group and Kapsch TrafficCom AG. The ETC
ecosystem participants offer a wide range of
solutions, such as software services and system
integration and toll system operations including
maintenance, payment handling and revenue
assurance. It is the future solution to
alleviating traffic congestion problems.   In a
word, it was a depth research report on Global
ETC Systems industry. And thanks to the support
and assistance from ETC Systems industry chain
related technical experts and marketing experts
during Research Team survey and interviews.
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Key questions answered in this report  What
will the market size be in 2020 and what will the
growth rate be? What are the key market
trends? What is driving this market? What are
the challenges to market growth? Who are the
key vendors in this market space? What are the
market opportunities and threats faced by the key
vendors? What are the strengths and weaknesses
of the key vendors? You can request one free
hour of our analysts time when you purchase this
market report. Details are provided within the
report.
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Global ETC Systems Industry 2016 Market Research
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