Nov 14, 2018
According to Stratistics MRC, the Global Electronic Toll Collection Market is accounted for $7.82 billion in 2017 and is expected to reach $20.00 billion by 2026 growing at a CAGR of 11.0% during the forecast period.

Gaithersburg, Maryland, U.S. - November 14, 2018 /MarketersMedia/ —
Factors such as growing demand for effective solutions for traffic congestion and rising allowance of funds by different governments on intelligent transportation system are propelling the market growth. High installation costs and lack of interoperability and standardization are some of the factors limiting the market growth. Increased safety and better environment are providing ample of opportunities for the market growth.
Request for sample here: https://www.strategymrc.com/report/electronic-toll-collection-market-2018/request-sample
Electronic Toll Collection is a computerized system reduces manual operations by toll payers and receivers. It uses sophisticated cameras and sensors to capture an image of vehicle’s registration plate and allocates the correct toll. Electronic toll booths may operate next to cash lanes so that drivers who do not have a device for receiving a radio signal and automatically transmitting a different signal can pay a cashier or throw coins into a receptacle. The global electronic toll collection market is expected to push towards a strong double-digit growth rate in the future.
Amongst Application, Highway segment accounted for the largest market share in the global Electronic Toll Collection market due to adoption rate of ETC systems would be high. In addition, the presence of a large number of highways with high traffic increases the need for better traffic management solutions.
By Geography, North America is anticipated to dominate the market due to huge usage of heavy vehicles and four-wheelers is high in this region, which raises the requirement of an effective transportation system in the North American countries.
Access the complete report at: https://www.strategymrc.com/report/electronic-toll-collection-market-2018
Some of the key players in Electronic Toll Collection market include Siemens AG, 3M, Thales Group, Xiamen Innov Information Technology Co.,Ltd, International Road Dynamics (IRD), Cubic Transportation Systems, Denso Corporation, Raytheon Company, Kapsch Trafficcom AG, Transurban Limited, Conduent Business Services, LLC, Q-Free, Efkon AG, The Revenue Markets Inc., Geotoll, Far Eastern Electronic Toll Collection Co. (FETC) and Atlantia SpA.
Make an inquiry at: https://www.strategymrc.com/report/electronic-toll-collection-market-2018
Types Covered:
• All-Electronic Tolling/Open Road Tolling (AET/ORT)
• Electronic Toll Collection (ETC)
Products Covered:
• Automated Vehicle Classification (AVC)
• Back Office, Integration, and Violation Enforcement System (VES)
• Automated Vehicle Identification (AVI)
Technologies Covered:
• Video Analytics-Based ETC Systems
• Dedicated Short-Range Communication (DSRC)-Based ETC Systems
• Navigation Satellite System/Global Positioning System (GNSS/GPS)-Based ETC Systems
• Radio-Frequency Identification (RFID)-Based ETC Systems
• Video Analytics
• Infrared
Applications Covered:
• Urban
• Highway
• Bridges
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Follow us on Twitter: https://twitter.com/StratisticsMRC
Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile
About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
For more information, please visit http://www.strategymrc.com
Source: MarketersMedia
Release ID: 443111
After losing more than 120kg (265lbs) naturally through swimming and exercise, Brazilian Julio Mamute has tackled marathon events across six countries over the past year, culminating a week ago on the steep stone steps of the Great Wall of China. Having once peaked at an immobilising 310kg, Mamute told the South China Morning Post that for him, running has never been about distance or medals, but about survival. “I run to save my life,” he said. “I run to live.” On Sunday afternoon, Mamute...
More than a month after sparking public outrage by soiling herself during Hyrox Beijing, Australian athlete Joanna Wietrzyk has announced she is “super excited” about returning to competition. In a new video posted on her social media, the 24-year-old said the past several weeks gave her an opportunity to re-examine the incident and learn from it. “So I’ve had some time to reflect over the past six to eight weeks of everything that happened in Beijing,” she said, offering another apology. “I...
George Russell said one difficult Formula One season would not define his career and he still had plenty of time on his side. The Briton started the campaign as the favourite but has been eclipsed by 20-year-old Mercedes teammate Kimi Antonelli, who is set to clinch the title in Mexico City this weekend. “I’ve probably learned more about myself this year than I would have liked, in all honesty,” Russell said on Thursday, acknowledging that Antonelli, who will be Italy’s first champion in 73...
Even Asia’s first UFC world champion, Zhang Weili, cannot escape the pressure of Chinese parents pushing her to get married. A year ago, Zhang, now 37, said she was glad her family was not rushing her to marry, preferring to focus on her fighting career and leave relationships to fate. But in an interview posted on social media this week, Zhang revealed her parents grew deeply concerned about her love life during the first half of the year, saying they were “pushing really hard”. In the...
John ‘Stingray’ Ray Onifa will tackle the Barclays MoonTrekker on Friday, but he said it was “much more difficult” to talk about navigating Hong Kong’s hills and valleys than actually doing it. And that’s despite the Philippine star, who is considered one of the best trail runners in Asia, carrying a long-term back injury that still leaves him “feeling the pain”. Onifa also has a perfect record to defend, having won the 50-kilometre race on his debut in 2018 and the 40km version five years...
In 2014, Chris Green spent two days dressed as Hulk Hogan in Hong Kong Stadium’s riotous South Stand cheering for friend Cameron Clark during the rugby sevens. The “awesome” experience gave Green a “very specific taste” of a city he has grown to “really love.” This year he is back to lead his country in the Hong Kong Cricket Sixes, a year after being in the side that reached the semi-finals. A modern-day gun for hire, the 33-year-old has played in virtually every franchise tournament going; from...
World No 1 Elena Rybakina hailed her “amazing achievement” after securing the year-end top ranking with a 6-2, 6-3 win over fellow Kazakh Yulia Putintseva in Japan on Thursday. Rybakina became the world’s top-ranked player for the first time last month in winning the US Open, replacing Aryna Sabalenka at the summit, needing only one more victory this year to ensure the world No 2 Belarusian could not overtake her. She ensured she would start 2027 on top after a comfortable opening match in...
The Portland Trail Blazers’ decision to assign centre Yang Hansen to their NBA G League affiliate has caught many Chinese basketball fans off guard, sparking a flurry of online debate over his current standing and future in the league. The Trail Blazers announced on social media early Thursday morning that the 21-year-old had been assigned to the Rip City Remix. The move came just three games into Portland’s 2026-27 NBA season as Yang continued to struggle to enter the regular rotation or secure...
October was a busy month in Hong Kong racing with nine meetings, a trio of Group races and a host of jockeys and trainers making big statements. The SCMP analyses the jockeys and trainers who had a month to remember or one to forget, as well as the most outstanding victory and winning ride. Who’s hot? Zac Purton, apprentice Nichola Yuen Hang-yiu and Jerry Chau Chun-lok were the stars of the show in October, with each reaching double figures for wins. Purton ramped up his march towards a 10th...
Pierre Ng Pang-chi has been forced to go to plan B for Happy Valley’s Sunday meeting, as two Nichola Yuen Hang-yiu-ridden last-start winners have new jockeys with the in-form claimer in hot demand. Ng and Yuen have struck up a remarkable partnership since her debut in April, combining for 11 winners from 30 runners at a phenomenal strike rate of 37 per cent. This season alone, seven of Ng’s 15 winners have been ridden by Yuen, including victories on her sole rides for the stable at the last two...
Venus Williams has vowed not to be railroaded into retirement, but the American superstar raised the possibility that next week’s Prudential Hong Kong Tennis Open could close the book on her extraordinary career. A 23-time grand slam champion, Williams suffered a 16th straight defeat when she was comfortably beaten by 18-year-old Lilli Tagger in the opening round of the Guangzhou Open on Tuesday. Williams has been winless in singles since marking her return from a 16-month lay-off with a victory...
Apprentice Nichola Yuen Hang-yiu strengthened her grip on second in the jockeys’ championship with a treble as Britney Wong Po-ni and Jimmy Ting Koon-ho celebrated breakthrough wins at Sha Tin on Wednesday night. Continuing a dream start to the season, Yuen boosted her tally to 16 wins – 10 behind nine-time Hong Kong champion Zac Purton – with victories aboard Macanese Master, Yoda’s Choice and Giant Leap. “I’m very happy with all the opportunities I’m getting,” Yuen, 26, said. “I’m getting good...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.