Electronic Toll Collection Market Emerging Industry Trends 2022-2028 | Toshiba, Mitsubishi, MIFARE Shutoko

The Electronic Toll Collection Market report provides a comprehensive analysis of the industry, information about global market opportunities, challenges, trends, business strategies, and industry breakthroughs is provided in the study report 2022. The study examines how the major businesses in the sector develop new product concepts to enhance their products. It includes the current state of the industry, possible future growth areas, and business development plans of leading firms. The main objective of this study is to provide an in-depth analysis of the critical variables affecting Electronic Toll Collection market growth and detailed segmentation of the market

“The Electronic toll collection market, in the current year (2022), is expected to have a market size of USD 8.5 billion and can reach up to USD 11.5 billion by 2028, the 6.7% rate.”

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Electronic Toll Collection Market research report including customer preference analysis, market dynamics (drivers, restraints, opportunities) and key players like Toshiba, Mitsubishi, MIFARE, Shutoko, Xerox, Kapsch Trafficom AG, Q-Free, Hitachi, Illinois Tollway, Metro Infrasys, Conduent Transportation and more….

Recent Developments

-In November 2021, SiVA, a Grupo Marhnos company, selected Thales to revolutionize toll collection in Guatemala. Thales is implementing its market-proven solution PITZ (Peage Intelligent Transport Zero) electronic toll collection system along Guatemala’s vital Palin-Escuintla toll corridor. PITZ solution can integrate various payment forms, including cash, electronic toll, or bank cards, whether contactless or not. It can swiftly and securely handle more than 120 vehicles per minute. The outcome of the contract will be a real-time saver for over 22,000 vehicles per day that use Guatemala’s Palin-Escuintla toll road corridor.

-In October 2021, TransCore announced the launch of a new product that allows RVers to travel across the country using only one transponder to pay tolls electronically without stopping at a toll booth. RV Toll Pass will change how RVers travel across the country through different tolling jurisdictions. With TransCore’s multi-protocol National Pass technology, RV Toll Pass is available for all RV configurations, including motor homes and trailers, and allows users to be tolled at the electronic rate, typically lower than the cash or video toll rate.

Electronic Toll Collection market insights 2022 By Types:

Rfid-Based ETC Systems

Dsrc-Based ETC Systems

Video Analytic-Based ETC Systems

Gnss/Gps-Based ETC Systems

Electronic Toll Collection Market report has provided the market size (sales and revenue data) by application, during the historical period (2017-2021) and forecast period (2022-2028).

Electronic Toll Collection market insights 2022 By Applications:

Highway Tolling

Urban Tolling

Regional Analysis:

-Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

-Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

-North America (the United States, Mexico, and Canada.)

-South America (Brazil etc.)

-The Middle East and Africa (GCC Countries and Egypt.)

Reasons to buy:

-Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.

-Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.

-Classify potential new clients or partners in the target demographic.

-Develop tactical initiatives by understanding the focus areas of leading companies.

-Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.

-Formulate corrective measures for pipeline projects by understanding Electronic Toll Collection pipeline depth.

-Report will be updated with the latest data and delivered to you within 2-5 working days of order.

-Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.

-Create regional and country strategies on the basis of local data and analysis.

Table of Contents:

-Global Electronic Toll Collection Market Overview

-Economic Impact on Industry

-Electronic Toll Collection Market Competition by manufacturers

-Production, Revenue (Value) by region

-Supply (Production), Consumption, Export, Import by Regions

-Production, Revenue (Value), Price Trend by Type

-Electronic Toll Collection Market Analysis by Application

-Manufacturing Cost Analysis

-Industrial Chain, Sourcing Strategy and Downstream Buyers

-Marketing Strategy Analysis, Distributors/Traders

-Market Effect Factors Analysis

-Global Electronic Toll Collection Market Forecast

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