“The US Tolling Market” research study is segmented on the basis of applications, technology, geography and types. The report provides a detailed Tolling Industry Overview along with the analysis of industry’s gross margin, cost structure, consumption value, and sale price. The leading companies of the Tolling Market, manufacturers, and distributors are profiled in the report along with the latest Industry development current and future trends.
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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.
Key vendors in this market are:
Verra Mobility Corporation
KAPSCH (KAPSCH TrafficCom)
Roper Technologies, Inc. (TransCore)
Sociedad Ibrica de Construcciones Electricas (Sice Inc.)
Scope of the Report
The report entitled “The US Tolling Market: Size, Trends and Forecasts (2019-2023)”, provides an in depth analysis of the US tolling market by value, by toll road mileage, by vehicle share, etc.
Moreover, The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US tolling market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends..
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Tolling is normally defined as a mode of expenditure or charge which is extracted by the state, the local authorities, etc., for some right or privilege, as for track along a road or over a bridge. Thus in layman terms, tolling is the process of collecting money from each and every passenger passing the toll roads. A toll road is a chargeable public/private road, along with bridges and tunnels. Different amount is charged for different passing vehicle such as generally motorbikes are charged with least amount while trucks and busses are charged with maximum amount. At present, toll road are mostly controlled-access highway.
There are usually two tolling elements: charging methods and collecting methods. Charging methods includes three types: Time Based Charges and Access Fees, Motorway and other Infrastructure Tolling and Distance or Area Charging. Whereas, collection method is classified into three categories namely, open toll system, closed toll system and open road/electronic toll system.
Electronic toll collection system is the most used format by the US toll roads. In this, the electronic toll system first conclude whether the passing vehicle is registered or not, then automatically charge the passing vehicles via a transponder attached in the vehicle. The signals emitted from transponder is collected by the antenna and then the vehicle information is passed to the main server. The main resolution of ETC method is that it facilitate the vehicles to pass through a toll road facility, avoiding certain actions such as stopping by the driver.
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This report on The US Tolling market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the The US market for Tolling. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).
Essential points covered in The US Tolling Market 2020 Research are:-
- What will the market size and the growth rate be in 2023?
- What are the key factors driving the The US Tolling market?
- What are the key market trends impacting the growth of the The US Tolling market?
- What are the challenges to market growth?
- Who are the key vendors in the The US Tolling market?
- What are the market opportunities and threats faced by the vendors in the The US Tolling market?
- What are the key outcomes of the five forces analysis of the The US Tolling market?
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