Global ETC System Market Canvassed in New M&M Report Published at MarketPublishers.com11 Mar 2014 • by Natalie Aster
LONDON – The constantly rising demand for electronic toll collection (ETC) systems has increasingly shifted focus towards the optimisation in such areas as faster service, cost and efficiency. The worldwide ETC system market is predicted to post an 11.1% CAGR in the next six years, and it will likely amount to USD 9.5 billion by 2020. The major drivers of the robust market growth are the ETC systems’ benefits such as efficient and faster service, minimal halts to pay the toll, no need to halt the vehicle while paying the toll, absence of concerns to have cash on hand, and savings on gas.
Siemens AG, Xerox Corporation, TRMI Systems Integration, Thales Group, Hitachi, TransCore, Robert Bosch GmbH, EFKON AG and Schneider Electric are amid the prominent participants in the world ETC system market.
New research report “Electronic Toll Collection System Market by Products (AVI, AVC, VES, Back office & Integration), Technology (RFID, DRSC, Video Analytics, & GNSS), Applications (Highway, & Urban), & Geography - Analysis & Forecast to 2013 – 2020” elaborated by MarketsandMarkets (M&M) provides a comprehensive guide to the world market for ETC systems.
The report presents a detailed market analysis, along with a set of important estimations of the historical and current industry performance. It provides a close look at the changing market dynamics, features the top market threats and opportunities, and also contains SWOT and value chain analyses. The study assesses the market on the basis of product, technology and geography; covers the competitive landscape and details the top market players. Besides, it provides an extensive future outlook for the world ETC system market, supplemented by detailed forecasts of the market size, value and growth rates.
Electronic Toll Collection System Market by Products (AVI, AVC, VES, Back office & Integration), Technology (RFID, DRSC, Video Analytics, & GNSS), Applications (Highway, & Urban), & Geography - Analysis & Forecast to 2013 - 2020
Published: March, 2014
Price: US$ 4,650.00
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