Traffic management systems commonly known as intelligent transportation systems (ITS) are superior applications, which aim to provide innovative services related to different modes of transport and traffic management. It also enables various users to be more coordinated, stay better informed, and make safer and 'smarter' use of transport networks. Smart transportation has various types of applications for parking management & guidance, passenger information, and traffic management.
Factors such as rise in demand for efficient traffic management solutions, increase in number of vehicles, and reduction in environmental pollution are the major driving factors for the adoption of tolling & city congestion.
However, high capital investment for transportation & tolling system, large database requirement for road & tolling network, and low acceptance ratio are the major restraining factors for this market. Furthermore, investments in the idea of smart cities and innovation of smart signal are creating lucrative opportunities for the Thailand and Philippines tolling & city congestion market.
The key players operating in the Thailand and Philippines tolling & city congestion market are Efkon GmbH, Toshiba Corporation, Raytheon, Thales Group, Siemens AG, Kapsch, Conduent (Xerox Corporation), Cubic Transportation, Alstom, GE transportation.
Key Benefits For City Congestion Market:
This study comprises an analytical depiction of the Thailand and Philippines tolling & city congestion market along with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a strong foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
City Congestion Key Market Segments:
BY PRODUCT TYPE
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
3.1.MARKET DEFINITION AND SCOPE
3.2.ROUTE TO MARKET / POTENTIAL PARTNERS
3.3.1.Top impacting factors
3.3.2.Top investment pockets
3.3.3.Top winning strategies
3.4.PORTERS FIVE FORCES ANALYSIS
3.5.MARKET SHARE ANALYSIS (2017)
126.96.36.199.Rise in demand for effective traffic management solutions
188.8.131.52.Increase in number of vehicles
184.108.40.206.Reduction in environmental pollution
220.127.116.11.High initial capital investment for transportation & tolling system
18.104.22.168.Large database requirement for road & tolling network
22.214.171.124.Loss in jobs due to advance automatic tolling system.
126.96.36.199.Investments in the idea of smart cities
188.8.131.52.Innovation of smart traffic signal
184.108.40.206.Emergence of internet of things (IoT)
CHAPTER 4:THAILAND & PHILIPPINES TOLLING & CITY COGESTION MARKET, BY PRODUCT TYPE
4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by Country
4.2.3.Market analysis by country
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market analysis by country
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.4.3.Market analysis by country
CHAPTER 5:THAILAND & PHILIPPINES TOLLING & CITY COGESTION MARKET, BY COUNTRY
220.127.116.11.Market size and forecast, by Product type
18.104.22.168.1.Market size and forecast, by Electronic Tolling
22.214.171.124.2.Market size and forecast, by ATMS
126.96.36.199.3.Market size and forecast, by UTM
188.8.131.52.Market size and forecast, by Product type
184.108.40.206.1.Market size and forecast, by Electronic Tolling
220.127.116.11.2.Market size and forecast, by ATMS
18.104.22.168.3.Market size and forecast, by UTM
CHAPTER 6:COMPANY PROFILE
6.1.3.Operating business segments
6.1.6.Key strategic moves and developments
6.2.CONDUENT (XEROX CORPORATION)
6.2.6.Key strategic moves and developments
6.3.3.Operating business segments
6.3.6.Key strategic moves and developments
6.4.3.Operating business segments
6.4.6.Key strategic moves and developments
6.5.3.Operating business segments
6.5.7.Key strategic moves and developments
6.6.3.Operating business segments
6.6.7.Key strategic moves and developments
6.7.3.Operating business segments
6.7.7.Key strategic moves and developments
6.8.3.Operating business segments
6.8.7.Key strategic moves and developments
6.9.3.Operating business segments
6.9.7.Key strategic moves and developments
6.10.3.Operating business segments
6.10.7.Key strategic moves and developments
Factors such as rise in demand for efficient traffic management solutions, increase in the number of vehicles, and reduction in environmental pollution are the major factors driving the adoption of tolling & city congestion systems.
However, high capital investment for transportation & tolling system, large database requirement for road & tolling network, and low acceptance ratio are the major restraining factors for this market. Furthermore, investments in the idea of smart cities and innovation of smart signal have created lucrative opportunities for Thailand and Philippines tolling & city congestion market.
According to Pranav Padalkar & Akshay Jadhav, Lead Analysts, Automotive and Transportation, at Allied Market Research, In 2017, based on product type, the UTM segment dominated the Thailand and Philippines tolling & city congestion market in terms of revenue. However, the ATMS segment is expected to grow at the highest CAGR during the forecast period (20182025). The Thailand and Philippines tolling & city congestion market portrays a promising future for the technological industry. The current business scenario witnessed an increase in adoption of this technology, particularly in the developing regions. Therefore, key players have been adopting new techniques to provide advanced and innovative product offerings to their customers.
Key Findings of the Study
- Based on product type, the UTM segment dominated the Thailand and Philippines tolling & city congestion market in 2017.
- Philippines is anticipated to exhibit the highest CAGR during the forecast period.