NEW YORK, March 06, 2018 (GLOBE NEWSWIRE) -- Every construction and road needs maintenance and recovery. The cost required for maintenance and recovery of highways, roads, bridges and tunnels is collected directly or indirectly from public. This is known as toll collection. But in indirect tax pay method, people who do not use roads have to pay extra taxes. Where as in direct method, toll is directly collected from drivers passing the tollway. The manual collection of tolls at toll booths causes traffic and delays. Therefore manual toll collection is replaced by electronic toll collection systems to eliminate manual operation by toll payers and receivers.
Depending on technology used for toll collection, the market is segmented into RFID-Based Electronic Toll Collection System, Dedicated short range communications DSRC-Based Electronic Toll Collection System, Video Analytics-Based Electronic Toll Collection System and GNSS/GPS-Based Electronic Toll Collection System. Currently, RFID and DSRC dominated the market. In upcoming years video analyst and GNSS/GPS systems are expected to experience higher growth rate, because of increasing cases of toll violations, which raise the need for an improved toll management solution.
Profshare Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study on Vehicle Toll Collection and Access Systems Market helps user to make precise decision in order to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in Vehicle Toll Collection and Access Systems Market also covers financial overview, market strategies, new product analysis and marketing trends.
Get Free Sample: https://www.profsharemarketresearch.com/sample/vehicle-toll-collection-and-access-systems-market-report-sample/
Vehicle Toll Collection and Access Systems Market : Product Type
- RFID-Based Electronic Toll Collection System
- DSRC-Based Electronic Toll Collection System
- Video Analytics-Based Electronic Toll Collection System
- GNSS/GPS-Based Electronic Toll Collection System
Vehicle Toll Collection and Access Systems Market : End Users/ Applications
- Highway
- Urban
Report Enquiry: https://www.profsharemarketresearch.com/enquiry/vehicle-toll-collection-and-access-systems-market-report-enquiry/
Vehicle Toll Collection and Access Systems Market : Companies Covered
- Schneider Electric
- Feig Electronics
- Siemens
- Thales Group
- Robert Bosch
- Denso
- Efkon AG
- Magnetic Autocontrol
- Hitachi
- TRMI Systems
- Mitsubishi Heavy Industries
- 3M
- Xerox
- Mark IV Industries
- TransCore
- Magnetic Autocontrol
- Nedap
- Automatic Systems-IER Group
- Stid Electronic Identification
Vehicle Toll Collection and Access Systems Market report delivers comprehensive analysis of:
- Market Forecast for 2017-25
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Buy Report: https://www.profsharemarketresearch.com/buy/vehicle-toll-collection-and-access-systems-market-report-buy-su/
Contact Us:
Mia Cox,
Email- sales@profsharemarketresearch.com
Tel- 1-877-797-7295