Global Electronic Toll Collection Market was valued at USD 7.01 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.01% through 2028. Electronic Toll Collection (ETC) is a sophisticated and automated system used in transportation infrastructure, particularly on highways, bridges, and tunnels, to facilitate the collection of tolls from vehicles passing through designated toll points. Unlike traditional toll collection methods that rely on manual transactions, ETC employs advanced technologies such as RFID (Radio-Frequency Identification), cameras, and sensors to identify vehicles and process payments seamlessly.
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Key Market Players
Kapsch TrafficCom AG
Conduent, Inc.
EFKON GmbH
TransCore
Thales Group
Raytheon Technology Corporation
Cubic Corporation
Indra Sistemas SA
Siemens Mobility
Swarco Group
Download Free Sample Report:
https://www.techsciresearch.com/sample-report.aspx?cid=20243
(Use your Corporate E-mail Id for Faster Response)
For More Information Visit:
https://www.techsciresearch.com/report/electronic-toll-collection-market/20243.html
Key Market Players
Kapsch TrafficCom AG
Conduent, Inc.
EFKON GmbH
TransCore
Thales Group
Raytheon Technology Corporation
Cubic Corporation
Indra Sistemas SA
Siemens Mobility
Swarco Group
Global Electronic Toll Collection Market was valued at USD 7.01 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.01% through 2028. Electronic Toll Collection (ETC) is a sophisticated and automated system used in transportation infrastructure, particularly on highways, bridges, and tunnels, to facilitate the collection of tolls from vehicles passing through designated toll points. Unlike traditional toll collection methods that rely on manual transactions, ETC employs advanced technologies such as RFID (Radio-Frequency Identification), cameras, and sensors to identify vehicles and process payments seamlessly.
Download Free Sample Report:
https://www.techsciresearch.com/sample-report.aspx?cid=20243
(Use your Corporate E-mail Id for Faster Response)
For More Information Visit:
https://www.techsciresearch.com/report/electronic-toll-collection-market/20243.html
Key Market Players
Kapsch TrafficCom AG
Conduent, Inc.
EFKON GmbH
TransCore
Thales Group
Raytheon Technology Corporation
Cubic Corporation
Indra Sistemas SA
Siemens Mobility
Swarco Group
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