Global Electronic Toll Collection Market 2020 by Company, Regions, Type and Application, Forecast to 2025

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Market Overview

The global Electronic Toll Collection market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.5% in the forecast period of 2020 to 2025 and will expected to reach USD 5721.8 million by 2025, from USD 4981 million in 2019.

The Electronic Toll Collection market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

Electronic Toll Collection market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Electronic Toll Collection market has been segmented into:

Automatic Vehicle Identification (AVI)

Automatic Vehicle Classification (AVC)

Back Office and Integration

Violation Enforcement System (VES)

By Application, Electronic Toll Collection has been segmented into:

Highway tolling

Urban tolling

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Electronic Toll Collection market presented in the report. This section sheds light on the sales growth of different regional and country-level Electronic Toll Collection markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Electronic Toll Collection market.

The report offers in-depth assessment of the growth and other aspects of the Electronic Toll Collection market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and Electronic Toll Collection Market Share Analysis

Electronic Toll Collection competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Electronic Toll Collection sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Electronic Toll Collection sales, revenue and market share for each player covered in this report.

The major players covered in Electronic Toll Collection are:

3M

Transurban

Q-Free ASA

Xerox

Thales

Conduent Business Services

Raytheon

Siemens

Cubic Transportation

International Road Dynamics

Table of Contents

1 Electronic Toll Collection Market Overview

1.1 Product Overview and Scope of Electronic Toll Collection

1.2 Classification of Electronic Toll Collection by Type

1.2.1 Global Electronic Toll Collection Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global Electronic Toll Collection Revenue Market Share by Type in 2019

1.2.3 Automatic Vehicle Identification (AVI)

1.2.4 Automatic Vehicle Classification (AVC)

1.2.5 Back Office and Integration

1.2.6 Violation Enforcement System (VES)

1.3 Global Electronic Toll Collection Market by Application

1.3.1 Overview: Global Electronic Toll Collection Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Highway tolling

1.3.3 Urban tolling

1.4 Global Electronic Toll Collection Market by Regions

1.4.1 Global Electronic Toll Collection Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of Electronic Toll Collection (2015-2025)

1.4.3 North America (USA, Canada and Mexico) Electronic Toll Collection Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) Electronic Toll Collection Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Electronic Toll Collection Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) Electronic Toll Collection Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Electronic Toll Collection Status and Prospect (2015-2025)

2 Company Profiles

2.1 3M

2.1.1 3M Details

2.1.2 3M Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 3M SWOT Analysis

2.1.4 3M Product and Services

2.1.5 3M Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.2 Transurban

2.2.1 Transurban Details

2.2.2 Transurban Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Transurban SWOT Analysis

2.2.4 Transurban Product and Services

2.2.5 Transurban Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.3 Q-Free ASA

2.3.1 Q-Free ASA Details

2.3.2 Q-Free ASA Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 Q-Free ASA SWOT Analysis

2.3.4 Q-Free ASA Product and Services

2.3.5 Q-Free ASA Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.4 Xerox

2.4.1 Xerox Details

2.4.2 Xerox Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Xerox SWOT Analysis

2.4.4 Xerox Product and Services

2.4.5 Xerox Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.5 Thales

2.5.1 Thales Details

2.5.2 Thales Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Thales SWOT Analysis

2.5.4 Thales Product and Services

2.5.5 Thales Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.6 Conduent Business Services

2.6.1 Conduent Business Services Details

2.6.2 Conduent Business Services Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Conduent Business Services SWOT Analysis

2.6.4 Conduent Business Services Product and Services

2.6.5 Conduent Business Services Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.7 Raytheon

2.7.1 Raytheon Details

2.7.2 Raytheon Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 Raytheon SWOT Analysis

2.7.4 Raytheon Product and Services

2.7.5 Raytheon Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.8 Siemens

2.8.1 Siemens Details

2.8.2 Siemens Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Siemens SWOT Analysis

2.8.4 Siemens Product and Services

2.8.5 Siemens Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.9 Cubic Transportation

2.9.1 Cubic Transportation Details

2.9.2 Cubic Transportation Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Cubic Transportation SWOT Analysis

2.9.4 Cubic Transportation Product and Services

2.9.5 Cubic Transportation Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

2.10 International Road Dynamics

2.10.1 International Road Dynamics Details

2.10.2 International Road Dynamics Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 International Road Dynamics SWOT Analysis

2.10.4 International Road Dynamics Product and Services

2.10.5 International Road Dynamics Electronic Toll Collection Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global Electronic Toll Collection Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 Electronic Toll Collection Players Market Share

3.2.2 Top 10 Electronic Toll Collection Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global Electronic Toll Collection Revenue and Market Share by Regions

4.2 North America Electronic Toll Collection Revenue and Growth Rate (2015-2020)

4.3 Europe Electronic Toll Collection Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific Electronic Toll Collection Revenue and Growth Rate (2015-2020)

4.5 South America Electronic Toll Collection Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa Electronic Toll Collection Revenue and Growth Rate (2015-2020)

5 North America Electronic Toll Collection Revenue by Countries

5.1 North America Electronic Toll Collection Revenue by Countries (2015-2020)

5.2 USA Electronic Toll Collection Revenue and Growth Rate (2015-2020)

5.3 Canada Electronic Toll Collection Revenue and Growth Rate (2015-2020)

5.4 Mexico Electronic Toll Collection Revenue and Growth Rate (2015-2020)

6 Europe Electronic Toll Collection Revenue by Countries

6.1 Europe Electronic Toll Collection Revenue by Countries (2015-2020)

6.2 Germany Electronic Toll Collection Revenue and Growth Rate (2015-2020)

6.3 UK Electronic Toll Collection Revenue and Growth Rate (2015-2020)

6.4 France Electronic Toll Collection Revenue and Growth Rate (2015-2020)

6.5 Russia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

6.6 Italy Electronic Toll Collection Revenue and Growth Rate (2015-2020)

7 Asia-Pacific Electronic Toll Collection Revenue by Countries

7.1 Asia-Pacific Electronic Toll Collection Revenue by Countries (2015-2020)

7.2 China Electronic Toll Collection Revenue and Growth Rate (2015-2020)

7.3 Japan Electronic Toll Collection Revenue and Growth Rate (2015-2020)

7.4 Korea Electronic Toll Collection Revenue and Growth Rate (2015-2020)

7.5 India Electronic Toll Collection Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

8 South America Electronic Toll Collection Revenue by Countries

8.1 South America Electronic Toll Collection Revenue by Countries (2015-2020)

8.2 Brazil Electronic Toll Collection Revenue and Growth Rate (2015-2020)

8.3 Argentina Electronic Toll Collection Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue Electronic Toll Collection by Countries

9.1 Middle East & Africa Electronic Toll Collection Revenue by Countries (2015-2020)

9.2 Saudi Arabia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

9.3 UAE Electronic Toll Collection Revenue and Growth Rate (2015-2020)

9.4 Egypt Electronic Toll Collection Revenue and Growth Rate (2015-2020)

9.5 South Africa Electronic Toll Collection Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global Electronic Toll Collection Revenue and Market Share by Type (2015-2020)

10.2 Global Electronic Toll Collection Market Forecast by Type (2019-2024)

10.3 Automatic Vehicle Identification (AVI) Revenue Growth Rate (2015-2025)

10.4 Automatic Vehicle Classification (AVC) Revenue Growth Rate (2015-2025)

10.5 Back Office and Integration Revenue Growth Rate (2015-2025)

10.6 Violation Enforcement System (VES) Revenue Growth Rate (2015-2025)

11 Global Electronic Toll Collection Market Segment by Application

11.1 Global Electronic Toll Collection Revenue Market Share by Application (2015-2020)

11.2 Electronic Toll Collection Market Forecast by Application (2019-2024)

11.3 Highway tolling Revenue Growth (2015-2020)

11.4 Urban tolling Revenue Growth (2015-2020)

12 Global Electronic Toll Collection Market Size Forecast (2021-2025)

12.1 Global Electronic Toll Collection Market Size Forecast (2021-2025)

12.2 Global Electronic Toll Collection Market Forecast by Regions (2021-2025)

12.3 North America Electronic Toll Collection Revenue Market Forecast (2021-2025)

12.4 Europe Electronic Toll Collection Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific Electronic Toll Collection Revenue Market Forecast (2021-2025)

12.6 South America Electronic Toll Collection Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa Electronic Toll Collection Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US


List of Tables

Table 1. Global Electronic Toll Collection Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of Electronic Toll Collection by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global Electronic Toll Collection Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market Electronic Toll Collection Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. 3M Corporate Information, Location and Competitors

Table 6. 3M Electronic Toll Collection Major Business

Table 7. 3M Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 8. 3M SWOT Analysis

Table 9. 3M Electronic Toll Collection Product and Solutions

Table 10. 3M Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 11. Transurban Corporate Information, Location and Competitors

Table 12. Transurban Electronic Toll Collection Major Business

Table 13. Transurban Electronic Toll Collection Total Revenue (USD Million) (2018-2019)

Table 14. Transurban SWOT Analysis

Table 15. Transurban Electronic Toll Collection Product and Solutions

Table 16. Transurban Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 17. Q-Free ASA Corporate Information, Location and Competitors

Table 18. Q-Free ASA Electronic Toll Collection Major Business

Table 19. Q-Free ASA Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 20. Q-Free ASA SWOT Analysis

Table 21. Q-Free ASA Electronic Toll Collection Product and Solutions

Table 22. Q-Free ASA Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 23. Xerox Corporate Information, Location and Competitors

Table 24. Xerox Electronic Toll Collection Major Business

Table 25. Xerox Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 26. Xerox SWOT Analysis

Table 27. Xerox Electronic Toll Collection Product and Solutions

Table 28. Xerox Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 29. Thales Corporate Information, Location and Competitors

Table 30. Thales Electronic Toll Collection Major Business

Table 31. Thales Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 32. Thales SWOT Analysis

Table 33. Thales Electronic Toll Collection Product and Solutions

Table 34. Thales Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 35. Conduent Business Services Corporate Information, Location and Competitors

Table 36. Conduent Business Services Electronic Toll Collection Major Business

Table 37. Conduent Business Services Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 38. Conduent Business Services SWOT Analysis

Table 39. Conduent Business Services Electronic Toll Collection Product and Solutions

Table 40. Conduent Business Services Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 41. Raytheon Corporate Information, Location and Competitors

Table 42. Raytheon Electronic Toll Collection Major Business

Table 43. Raytheon Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 44. Raytheon SWOT Analysis

Table 45. Raytheon Electronic Toll Collection Product and Solutions

Table 46. Raytheon Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 47. Siemens Corporate Information, Location and Competitors

Table 48. Siemens Electronic Toll Collection Major Business

Table 49. Siemens Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 50. Siemens SWOT Analysis

Table 51. Siemens Electronic Toll Collection Product and Solutions

Table 52. Siemens Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 53. Cubic Transportation Corporate Information, Location and Competitors

Table 54. Cubic Transportation Electronic Toll Collection Major Business

Table 55. Cubic Transportation Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 56. Cubic Transportation SWOT Analysis

Table 57. Cubic Transportation Electronic Toll Collection Product and Solutions

Table 58. Cubic Transportation Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 59. International Road Dynamics Corporate Information, Location and Competitors

Table 60. International Road Dynamics Electronic Toll Collection Major Business

Table 61. International Road Dynamics Electronic Toll Collection Total Revenue (USD Million) (2017-2018)

Table 62. International Road Dynamics SWOT Analysis

Table 63. International Road Dynamics Electronic Toll Collection Product and Solutions

Table 64. International Road Dynamics Electronic Toll Collection Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 65. Global Electronic Toll Collection Revenue (Million USD) by Players (2015-2020)

Table 66. Global Electronic Toll Collection Revenue Share by Players (2015-2020)

Table 67. Global Electronic Toll Collection Revenue (Million USD) by Regions (2015-2020)

Table 68. Global Electronic Toll Collection Revenue Market Share by Regions (2015-2020)

Table 69. North America Electronic Toll Collection Revenue by Countries (2015-2020)

Table 70. North America Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Table 71. Europe Electronic Toll Collection Revenue (Million USD) by Countries (2015-2020)

Table 72. Asia-Pacific Electronic Toll Collection Revenue (Million USD) by Countries (2015-2020)

Table 73. South America Electronic Toll Collection Revenue by Countries (2015-2020)

Table 74. South America Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Table 75. Middle East and Africa Electronic Toll Collection Revenue (Million USD) by Countries (2015-2020)

Table 76. Middle East and Africa Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Table 77. Global Electronic Toll Collection Revenue (Million USD) by Type (2015-2020)

Table 78. Global Electronic Toll Collection Revenue Share by Type (2015-2020)

Table 79. Global Electronic Toll Collection Revenue Forecast by Type (2021-2025)

Table 80. Global Electronic Toll Collection Revenue by Application (2015-2020)

Table 81. Global Electronic Toll Collection Revenue Share by Application (2015-2020)

Table 82. Global Electronic Toll Collection Revenue Forecast by Application (2021-2025)

Table 83. Global Electronic Toll Collection Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Electronic Toll Collection Picture

Figure 2. Global Electronic Toll Collection Revenue Market Share by Type in 2019

Figure 3. Automatic Vehicle Identification (AVI) Picture

Figure 4. Automatic Vehicle Classification (AVC) Picture

Figure 5. Back Office and Integration Picture

Figure 6. Violation Enforcement System (VES) Picture

Figure 7. Electronic Toll Collection Revenue Market Share by Application in 2019

Figure 8. Highway tolling Picture

Figure 9. Urban tolling Picture

Figure 10. Global Electronic Toll Collection Revenue (USD Million) and Growth Rate (2015-2025)

Figure 11. North America Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 12. Europe Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 13. Asia-Pacific Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 14. South America Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 15. Middle East and Africa Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Global Electronic Toll Collection Revenue (Million USD) and Growth Rate (2015-2025)

Figure 17. Global Electronic Toll Collection Revenue Share by Players in 2019

Figure 18. Global Top 5 Players Electronic Toll Collection Revenue Market Share in 2019

Figure 19. Global Top 10 Players Electronic Toll Collection Revenue Market Share in 2019

Figure 20. Key Players Market Share Trend

Figure 21. Global Electronic Toll Collection Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 22. Global Electronic Toll Collection Revenue Market Share by Regions (2015-2020)

Figure 23. Global Electronic Toll Collection Revenue Market Share by Regions in 2018

Figure 24. North America Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 25. Europe Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 26. Asia-Pacific Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 27. South America Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 28. Middle East and Africa Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 29. North America Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Figure 30. North America Electronic Toll Collection Revenue Market Share by Countries in 2019

Figure 31. USA Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 32. Canada Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 33. Mexico Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 34. Europe Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Figure 35. Europe Electronic Toll Collection Revenue Market Share by Countries in 2019

Figure 36. Germany Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 37. UK Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 38. France Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 39. Russia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 40. Italy Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 41. Asia-Pacific Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Figure 42. Asia-Pacific Electronic Toll Collection Revenue Market Share by Countries in 2019

Figure 43. China Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 44. Japan Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 45. Korea Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 46. India Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 47. Southeast Asia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 48. South America Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Figure 49. South America Electronic Toll Collection Revenue Market Share by Countries in 2019

Figure 50. Brazil Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 51. Argentina Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 52. Middle East and Africa Electronic Toll Collection Revenue Market Share by Countries (2015-2020)

Figure 53. Middle East and Africa Electronic Toll Collection Revenue Market Share by Countries in 2019

Figure 54. Saudi Arabia Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 55. UAE Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 56. Egypt Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 57. South Africa Electronic Toll Collection Revenue and Growth Rate (2015-2020)

Figure 58. Global Electronic Toll Collection Revenue Share by Type (2015-2020)

Figure 59. Global Electronic Toll Collection Revenue Share by Type in 2019

Figure 60. Global Electronic Toll Collection Market Share Forecast by Type (2021-2025)

Figure 61. Global Automatic Vehicle Identification (AVI) Revenue Growth Rate (2015-2020)

Figure 62. Global Automatic Vehicle Classification (AVC) Revenue Growth Rate (2015-2020)

Figure 63. Global Back Office and Integration Revenue Growth Rate (2015-2020)

Figure 64. Global Violation Enforcement System (VES) Revenue Growth Rate (2015-2020)

Figure 65. Global Electronic Toll Collection Revenue Share by Application (2015-2020)

Figure 66. Global Electronic Toll Collection Revenue Share by Application in 2019

Figure 67. Global Electronic Toll Collection Market Share Forecast by Application (2021-2025)

Figure 68. Global Highway tolling Revenue Growth Rate (2015-2020)

Figure 69. Global Urban tolling Revenue Growth Rate (2015-2020)

Figure 70. Global Electronic Toll Collection Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 71. Global Electronic Toll Collection Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 72. Global Electronic Toll Collection Revenue Market Share Forecast by Regions (2021-2025)

Figure 73. North America Electronic Toll Collection Revenue Market Forecast (2021-2025)

Figure 74. Europe Electronic Toll Collection Revenue Market Forecast (2021-2025)

Figure 75. Asia-Pacific Electronic Toll Collection Revenue Market Forecast (2021-2025)

Figure 76. South America Electronic Toll Collection Revenue Market Forecast (2021-2025)

Figure 77. Middle East and Africa Electronic Toll Collection Revenue Market Forecast (2021-2025)

Figure 78. Sales Channel: Direct Channel vs Indirect Channel

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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