Global ETC Systems Market 2014-2018

Topics: Radio-frequency identification, Road pricing, Electronic toll collection Pages: 2 (382 words) Published: October 27, 2014

Global ETC Systems Market 2014-20180280035An Electronic Toll Collection (ETC) system is a sophisticated application that includes a group of technologies to provide automated non-stop cashless payment of the road toll at toll plazas or toll collection centers. The systems work with various technology-enabled products such as transponders, antennas, sensors, and wireless communication devices equipped with RFID technology. Vehicles are charged a toll as they drive through the toll gates by various wireless communication devices installed at toll gates and system devices mounted on vehicles. These vehicles do not have to stop to pay the toll. ETC systems help reduce traffic congestion on highways, and the traffic management process is also streamlined.  

Covered in this Report0280035This report covers the present scenario and the growth prospects of the Global ETC Systems market for the period 2014-2018. To calculate the market size, this report considers the revenue generated by ETC systems providers. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the Global ETC Systems market. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors in the Global ETC Systems market. View our full TOC hereKey Regions

North America
South America
Key Vendors
Kapsch TrafficCom AG
Schneider Electric
Siemens AG
Thales Group
TransCore LP
Other Prominent Vendors
Grenobloise d'Electronique et d'AutomatismesHitachi
International Road Dynamics
Metro Infrasys
Mitsubishi Heavy Industries
OMRON Electronics
TRMI Systems Integration
Key Market Driver
Need to Reduce Traffic Congestion
For a full, detailed list, view our report.
Key Market Challenge
High Cost of Operation and Maintenance
For a full, detailed list, view our report.
Key Market Trend
Cashless Transactions
For a...
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