DUBLIN, June 10, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/bqfh3s/electronic_toll) has announced the addition of the "Electronic Toll Collection System Market by Type, Product, Technology, Application, and Geography - Analysis & Forecast (2014-2020)" report to their offering.
Electronic toll collection systems are widely adopted in many countries worldwide. Open road tolling is a type of tolling system which doesn't employ toll booths. The main advantage provided by open road tolling is that the users can drive vehicles at high speeds, without being stopped at the toll booths. Many companies are engaged in providing new developments related to the electronic toll collection system market. According to the World Health Organization (U.S.), about 1.2 Million people are killed in road accidents every year, and about 50 Million people are injured. The electronic toll collection system plays an important role in ensuring safety for the vehicles while passing through the toll booths, which acts as a catalyst for the growth of this market.
The market size of the electronic toll collection system market is expected to grow at a CAGR of 10.93% between 2015 and 2020. This report focuses on detailed segmentations of the market along with qualitative and quantitative analysis of every aspect of the classification on the basis of type, application, and geography. The detailed market forecast till 2020 gives a glimpse of the potential market size in terms of value in this market.
The major players in this market include 3M (U.S.), Kapsch TrafficCom AG (Austria), EFKON AG (Austria), Schneider Electric SE (France), Siemens AG (Germany), Cubic Transportation Systems, Inc. (U.S.), Xerox Corporation (U.S.), Thales Group ( France), Q-Free (Norway), and TransCore LP (U.S.).
Key Topics Covered:
2 Research Design
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 ETC System Market, By Type
8 ETC System Market, By Product
9 ETC System Market, By Technology
10 ETC System Market, By Application
11 ETC System Market, By Geography
12 Competitive Landscape
13 Company Profiles
- Cubic Transportation Systems, Inc.
- Efkon AG
- Kapsch Trafficom AG
- Schneider Electric SE
- Siemens AG
- Thales Group
- Transcore, LP
- Xerox Corporation
For more information visit http://www.researchandmarkets.com/research/bqfh3s/electronic_toll
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SOURCE Research and Markets