Edison, NJ -- (SBWIRE) -- 08/12/2019 -- This intelligence report provides a comprehensive analysis of the "Global Electronic Toll Collection Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period. Some of the key players profiled in the study are Llc [United States], 3M [United States], Kapsch Trafficcom Ag [Austria], Cubic Transportation Systems, Inc. [United States], Siemens Ag [Germany], Thales Group [France], Sanef ITS [France], Transurban Limited [Australia], International Road Dynamics (Ird) [Canada], Raytheon Company [United States] and Denso corporation [Japan].
Electronic toll collection is an automatic method of toll collection which does not require vehicle to stop at toll gate and make use of payment by user cards which are linked with ETC system. The system determines whether a passing car is registered and if not, then it alerts to local concerned agency. Transportation has emerged as a dominant infrastructure and economy corridor across the world and toll plazas play a vital role in maintaining the road transportation. As opposed to manual toll collection, tolling in future is likely to make use of multiple technologies which include radio-frequency identification (RFID), dedicated short range communication (DSRC), infrared, GNSS/GPS and video analytics. The world is going through industrial revolution and road transportation is required in every aspect of economy growth thus giving ETC system an edge which will keep on expanding irrespective of slight niggle on the way

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Market Drivers
- Growing Need for the Safe and Efficient Traffic Management Amid Increasing Number of Vehicle Sales

Market Trend
- Growing Use of Advanced RFID (Radio-frequency Identification) and GSM Technology

Restraints
- High Installation Cost of ETC System

Opportunities
- Infrastructural Developments in Emerging Countries

Challenges
- High Maintenance, Repair and Operating (MRO) Cost of ETC Systems

Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global Electronic Toll Collection Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.

Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

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The titled segments and Market Data Break Down are illuminated below:

Key Applications/end-users of Global Electronic Toll Collection Market: Highway, City, Community, Other

Additional Segments
- Automated Vehicle Identification (AVI)
- Automated Vehicle Classification (AVC)

Top Players in the Market are: Llc [United States], 3M [United States], Kapsch Trafficcom Ag [Austria], Cubic Transportation Systems, Inc. [United States], Siemens Ag [Germany], Thales Group [France], Sanef ITS [France], Transurban Limited [Australia], International Road Dynamics (Ird) [Canada], Raytheon Company [United States] and Denso corporation [Japan]

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
- To Define, Describe, and Segment The Global Electronic Toll Collection Market On The Basis Of Type, Function, Application, And Region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- To estimate the size of the Global Electronic Toll Collection Market in terms of value.
- To study the individual growth trends of the providers of Global Electronic Toll Collection Market, their future expansions, and analyze their contributions to the market
- To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global Electronic Toll Collection Market and various regions.
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global Electronic Toll Collection Market.
- To strategically profile key market players and comprehensively analyze their market position and core competencies
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Strategic Points Covered in Table of Content of Global Electronic Toll Collection Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Electronic Toll Collection market
Chapter 2: Exclusive Summary – the basic information of the Electronic Toll Collection Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Electronic Toll Collection
Chapter 4: Presenting the Electronic Toll Collection Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Electronic Toll Collection market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8& 9: Displaying the Appendix, Methodology and Data Source

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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Electronic Toll Collection market?
- What are the key concerns of the five forces analysis of the Global Electronic Toll Collection market?
- What are different prospects and threats faced by the dealers in the Global Electronic Toll Collection market?
- What are the strengths and weaknesses of the key vendors?
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