For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Electronic toll collection is a type of open tolling system which is being adopted in many countries to make toll collection easier especially in highways & urban areas.
Scope of the Report:
This report studies the Electronic Toll Collection System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Electronic Toll Collection System market by product type and applications/end industries.
The system of toll collection is cashless and the system helps to effectively manage the traffic on congested areas using the modern technologies, such as the GPS/GNSS technology, RFID, DSRC, and video analytics.
The global Electronic Toll Collection System market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Electronic Toll Collection System.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Kapsch Trafficom
- Thales Group
- Schneider Electric
- Xerox Corporation
- Raytheon company
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Electronic Toll Collection (ETC)
- All Electronic Tolling (AET)
Market Segment by Applications, can be divided into
- Urban areas