Electronic Toll Collection Market Forecast 2018-2025 | Industry Share, Latest Trends, Investment, Top Players, Growth and Regions Forecast
According to a recent report published by KD Market Insights, titled, Electronic Toll Collection Market by Subsystem, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global electronic toll collection market was valued at $6,855.5 million in 2017, and is projected to reach at $15,648.2 million by 2025, growing at a CAGR of 10.7% from 2018 to 2025. Request for Sample: https://www.kdmarketinsights.com/sample/4207 Electronic toll collection (ETC) system is a high-end technology, which facilitates collection of fees at highways. It automatically charges vehicles without requiring them to stop at the tolls. In addition, it aids in efficiently managing the traffic in highly congested areas, and facilitates the toll collection process by using the latest technological solutions such as GPS & GNSS toll collection and tracking solutions. Asia-Pacific is expected to be a dominant player in the global ele...