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ETC Systems Market in North America 2015-2019

ETC Systems Sector: Forecast until 2019 in North America

  • April 2015
  • 76 pages
  • ID: 2900493
In this report:
The ETC system technology market in North America was valued at $##.## billion in 2014 and is expected to reach $##.## billion by 2019, growing at a CAGR of ##.##%.
The ETC system products market in North America was valued at $##.## billion in 2014 and is expected to reach $##.## billion by 2019, growing at a CAGR of ##.##%.

Summary

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About ETC systems

An electronic toll collection 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.

Research company's analysts estimation the ETC systems sector in North America (NA) to grow at a Compound annual growth rate of ~10.2% over the time frame 2014-2019.

What is the scope of this report?

This market report includes the current situation and the growth perspectives of the ETC systems sector in North America continent for the time frame 2015-2019. To calculate the market value, this business report considers the income generated by ETC systems providers. The analysis also contains the vendor landscape and a corresponding exhaustive analysis of the best five merchants in the ETC systems sector in North America (NA). The sellers are ranked as reported by the income generated by them. The market research also offers info on distinct segments of the ETC systems sector in North America continent. The sector is divided established on the basis of products and technology.

Market research company's report, ETC Systems Sector in North America 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. It also summaries the challenges faced by the sellers and the industry at big, and the main trends that are emerging in the sector.

Other main sellers

• For a full, in-depth list, view our market report

Market opportunity

• High cost of operation and maintenance

• For a full, exhaustive list, view our market report

Market forecast

• Adoption of ITS and clever transportation solutions

• For a full, in-depth list, view our market report

What are the main questions answered?

• What will the market value be in 2019 and what will the increase rate be?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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