New StrategyR Study Highlights $ 11.5 Billion Global Market for Electronic Toll Systems (ETCs) by 2026
FACTS AT A GLANCE
Editing: 19; Posted: April 2021
Executive pool: 22797
Companies: 1493 – Players covered include Abertis; Atlantia SpA; Conduent Inc .; Cubic society; DENSO CORPORATION; Far Eastern Electronic Toll Collection Co., Ltd. (FETC); Geopeaing; International Road Dynamics Inc .; Kapsch TrafficCom SA; Perceptics LLC; ASA without Q; Raytheon Company; Sanef; Siemens SA; Star Systems International Limited; Thales Group; The Revenue Markets Inc. (TRMI); Toll Collect GmbH; TransCore and others.
Blanket: All major geographies and key segments
Segments: Segment (Electronic Toll Collection (ETC) Systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Electronic Toll System (ETC) Market to Reach $ 11.5 billion by 2026
Amid the COVID-19 crisis, the global electronic toll systems (ETC) market is estimated at 6.8 billion US dollars in 2020, is expected to reach a revised size of US $ 11.5 billion by 2026, with a CAGR of 8.9% over the analysis period.
The US market is estimated at $ 2.3 billion in 2021, when China is expected to reach $ 2 billion by 2026
The market for electronic electronic toll systems (ETC) in the United States is estimated at US $ 2.3 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 2 billion by 2026, with a CAGR of 8.3% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 8.2% and 7.3% respectively during the analysis period. In Europe, Germany is expected to grow at around 7.2% CAGR. Following
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