New Study from StrategyR Highlights a $11.5 Billion Global Market for Electronic Toll Collection (ETC) Systems by 2026

SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electronic Toll Collection (ETC) Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 19; Released: April 2021
Executive Pool: 22797
Companies: 1493 - Players covered include Abertis; Atlantia S.p.A; Conduent Inc.; Cubic Corporation; DENSO CORPORATION; Far Eastern Electronic Toll Collection Co., Ltd. (FETC); GeoToll; International Road Dynamics Inc.; Kapsch TrafficCom AG; Perceptics LLC; Q-Free ASA; Raytheon Company; Sanef; Siemens AG; Star Systems International Limited; Thales Group; The Revenue Markets Inc. (TRMI); Toll Collect GmbH; TransCore and Others.
Coverage: All major geographies and key segments
Segments: Segment (Electronic Toll Collection (ETC) Systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Electronic Toll Collection (ETC) Systems Market to Reach $11.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Electronic Toll Collection (ETC) Systems estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$11.5 Billion by 2026, growing at a CAGR of 8.9% over the analysis period.

The U.S. Market is Estimated at $2.3 Billion in 2021, While China is Forecast to Reach $2 Billion by 2026
The Electronic Toll Collection (ETC) Systems market in the U.S. is estimated at US$2.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.