Global Electronic Toll Collection Market Research Report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Electronic toll collection (ETC) system is an automated system, which excludes manual operations by toll payers & receiver. The toll is collected by electronic means in order to exclude the delay on toll roads. The electronic toll alerts the system for cars that have not been registered. The system is a cashless tolling system that is progressively being adopted in highways and urban areas. It charges the accounts of owners of the registered cars without stopping. The governments in numerous countries are formulating the standards & regulations for the electronic toll collection system market. According to the study, “Global Electronic Toll Collection Market research report, by type (ETC, AET, transponders, ANPR), product (AVI, AVC), application (highways, urban), technology (RFID, DSRC, GPS/GNSS), by means of toll collection (Prepaid, postpaid) – Forecast till 2023” the key companies operating in the global electronic toll collection market are Siemens AG, Quarterhill Inc., Thales SA, KapschTrafficCom AG, Conduent Inc., Raytheon Co., GrenobloisedElectronique et automatisms (GEA) SA, Q-Free ASA, Xerox Corporation, The Revenue Markets Inc., Cubic Corporation. The key manufacturers are investing in this market to achieve proceeding requirements of high bandwidth & high-density applications and lower power consumption for managing demand for direct attach copper (DAC) cables and active optical cables (AOCs). Based on type, electronic toll collection market is segmented into All Electronic Tolling (AET), Automatic Number Plate Recognition (ANPR) and others. Based on product type, market is segmented into Automated Vehicle Classification (AVC), violation enforcement system, back-office & integration, and Automatic Vehicle Identification (AVI).AVI segment dominates the market as it helps determine the identity of the owner using plate recognition technologies and radio-frequency identification. Based on technology, the market is segmented into Dedicated Short Range Communications (DSRC), Radio Frequency Identification (RFID), Video analytics, Global Positioning System (GPS) and others. Video analytics is estimated to witness a higher growth rate owing to the rise in violation of tolls as it helps to record the violation taking place with cameras during the forecast period. Based on means of collection, the market is segmented into postpaid and prepaid. In addition, based on application, the market is segmented into urban, highways and others. The electronic toll collection market is driven by growth in the development of smart cities across the world, followed by the effective solution to overcome traffic crowding with improved traffic flow per lane, reduced environmental pollution using ETC systems, rise in allocation of funds for the deployment of its by government and improvement inconvenience due to cashless travel facilities. However, high operating costs and slow growth in infrastructure sector in underdeveloped countries may impact the market. Moreover, the increase in the number of Public-Private Partnership (PPP) agreements in the transportation sector, growth in investment opportunities in economically & technologically developing countries and rise in the transition to All-Electronic Tolling (AET) systems are key opportunities for the market. Furthermore, rise in adoption of wireless communication in vehicles and growth in the development of smart city technology is a major trend for the market. Based on geography, the North-American the region holds a major share in electronic toll collection market owing to increase in traffic & developed road infrastructures in the region. The Asian-Pacific and European regions are estimated to witness higher growth rate due to increase in traffic congestions and the rise in demand for electronic toll collection systems from emerging economies such as Singapore, China, India, Malaysia, South Korea, and the Philippines over the forecast period. Target Audience Technology Providers Research organizations Technology investors Venture capitalists Government organizations The report on the global electronic toll collection market also covers the following country-level analysis: North America US Canada Mexico Europe UK Germany France Spain Italy Rest of Europe Asia-Pacific China India Japan South Korea Rest of Asia-Pacific To Know More, Click On The Link Below:- Global Electronic Toll Collection Market Related Report:- Global Electronic Toll Collection System Market Report 2019, Competitive Landscape, Trends and Opportunities Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia-Pacific Electronic Toll Collection Market, Cubic Corporation Electronic Toll Collection Market Analysis, Electronic Toll Collection Market India, Europe Electronic Toll Collection Market, Global Automatic Number Plate Recognition Market Analysis, Global Electronic Toll Collection Industry, Global Electronic Toll Collection Industry Research Report, Global Electronic Toll Collection Market, Global Electronic Toll Collection Market Analysis, Global Electronic Toll Collection Market Forecast, Global Electronic Toll Collection Market Future Outlook, Global Electronic Toll Collection Market Growth Rate, Global Electronic Toll Collection Market Opportunities, Global Electronic Toll Collection Market Research Report, Global Electronic Toll Collection Market Revenue, Global Electronic Toll Collection Market Share, Global Electronic Toll Collection Market size, Global Highways Electronic Toll Collection Market, Global Urban Electronic Toll Collection Market, Kapsch TrafficCom Electronic Toll Collection Market, Latest Report on Electronic Toll Collection Market, Middle East & Africa Electronic Toll Collection Market, North America Electronic Toll Collection Market, Quarterhill Electronic Toll Collection Market, Raytheon Electronic Toll Collection Market Competitors, Siemens AG Electronic Toll Collection Market, Technology in Electronic Toll Collection Market, Thales SA Electronic Toll Collection Market Growth, Xerox Corporation Electronic Toll Collection Market Share