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The publisher has been monitoring the ETC systems market and it is poised to grow by $4.93 bn during 2021-2025, progressing at a CAGR of 8.75% during the forecast period. Our report on the ETC systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for ETC systems in road tax collection and convenience offered for users and operators. In addition, rising demand for the ETC systems in road tax collection is anticipated to boost the growth of the market as well.
The ETC systems market analysis includes the technology segment and geographic landscape.
The publisher's ETC systems market is segmented as below:
By Technology
- RFID-based
- DSRC
- others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the regulatory mandates to install RFID tagsas one of the prime reasons driving the ETC systems market growth during the next few years.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on ETC systems market covers the following areas:
- ETC systems market sizing
- ETC systems market forecast
- ETC systems market industry analysis
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Technology
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
This publisher is pleased to announce their new report, Global ETC Systems Market 2021-2025The publisher recognizes the following companies as the key players in the global ETC systems market: Cubic Corp., EFKON GmbH, FEIG ELECTRONIC GmbH, Kapsch TrafficCom AG, Mitsubishi Heavy Industries Ltd., Raytheon Technologies Corp., Siemens AG, Thales Group, and Toshiba Corp.
Commenting on the report, an analyst from the publisher said 'The latest trend gaining momentum in the market is regulatory mandates to install RFID tags.'
According to the report, one of the major drivers for this market is the rising demand for ETC systems in road tax collection.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cubic Corp.
- EFKON GmbH
- FEIG ELECTRONIC GmbH
- Kapsch TrafficCom AG
- Mitsubishi Heavy Industries Ltd.
- Raytheon Technologies Corp.
- Siemens AG
- Thales Group
- Toshiba Corp.
