North American Electronic Toll Collection Systems Market 2015-2019 with Kapsch, TrafficCom, Schneider Electric, Siemens, Thales Group & TransCore Dominating

Jul 06, 2015, 11:19 ET from Research and Markets

DUBLIN, June 29, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/s4wkxl/etc_systems) has announced the addition of the "ETC Systems Market in North America 2015-2019" report to their offering.

The analysts forecast the ETC systems market in North America to grow at a CAGR of 10.19 percent over the period 2014-2019.

An electronic toll collection (ETC) system is a technologically sophisticated application that collects cashless toll at toll plazas and toll collection centers. The system uses transponders, antennas, sensors, and wireless communication devices equipped with RFID technology. The vehicles are charged using wireless communication devices installed at the gates and mounted on the vehicles as they drive through the toll gates. They do not have to stop to pay the toll. The ETC system helps reduce traffic congestion on highways and streamline the traffic management process.

Automated cashless transactions at toll gates constitute one of the major trends observed in the market. With the use of ETC systems, vehicle and fleet owners do not have to wait in a long queue to pay the toll.

According to the report, the growing need to eradicate traffic congestion and enhance transportation systems is the main driver that increases the use of ETC systems in North America. With an increase in the number of vehicles, it has become essential to streamline traffic.

Further, the report states that the capital-intensive in nature of the ETC systems market in North America is hindering the market growth.

Scope of the Report

Segmentation of the ETC Systems market in North America by products:

  • AVI
  • AVC systems
  • VES
  • Back office and integration systems products

Segmentation of the ETC Systems market in North America by technology:

  • RFID
  • DSRC
  • GNSS
  • Video analytics

Key vendors

  • Kapsch TrafficCom
  • Schneider Electric
  • Siemens
  • Thales Group
  • TransCore

Other prominent vendors

  • 3M
  • Grenobloise d'Electronique et d'Automatismes
  • Hitachi
  • International Road Dynamics
  • Metro Infrasys
  • Mitsubishi Heavy Industries
  • OMRON Electronics
  • Perceptics
  • Q-Free
  • SAIC
  • TRMI Systems Integration
  • Watchdata
  • Xerox

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. ETC Systems Market in North America
  8. Segmentation of Market
  9. Segmentation of Market by Product
  10. Segmentation of Market by Technology
  11. Buying Criteria
  12. Market Drivers
  13. Drivers and their impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/s4wkxl/etc_systems

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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