Automatic Tolling System Market Share, Size, and Outlook by 2028
Automatic Tolling System Market: Strategic Insights
Automatic Tolling System Market
-
CAGR (2023 - 2031)6.6% -
Market Size 2023
US$ 7.62 Billion -
Market Size 2031
US$ 12.66 Billion
Market Dynamics
GROWTH DRIVERS
- Rise is Digitalization of Toll Collection to Favor Market
FUTURE TRENDS
- The emergence of new technologies to make highly advanced tolling systems is anticipated to drive the market in the forecast period.
OPPORTUNITIES
- Government Focus on Transportation Infrastructure to Favor Market
Key Players
- Conduent Business Services LLC
- Efkon GmbH
- Feig Electronic
- Mitsubishi Heavy Industries Machinery Systems Ltd
- Neology Inc
- Raytheon Technologies Corporation
- Siemens Mobility
- STMicroelectronics
- Thales Group
- Transcore
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Offering - Hardware and Services
Type - Unmanned Self-Service Automated Tollbooth Collection Systems
- Unmanned Automated Toll Booth Collection Systems
- Unmanned Wireless Automated Toll Booth Collection Systems
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