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The tolling and city congestion market in APAC is forecasted to grow by USD 3.04 billion during 2022-2027, accelerating at a CAGR of 15.87% during the forecast period. The report on the tolling and city congestion market in APAC 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the convenience of electronic tolling for users and operators, an increase in the number of vehicles, and a rise in demand for efficient traffic management solutions.
The tolling and city congestion market in APAC is segmented as below:
By Product
- UTM
- Electronic tolling
- ATMS
By Application
- Highways
- Urban areas
The report on the tolling and city congestion market in APAC covers the following areas:
- Tolling and city congestion market in APAC sizing
- Tolling and city congestion market in APAC forecast
- Tolling and city congestion market in APAC industry analysis
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 an analysis of the key vendors.
The report 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the tolling and city congestion market in APAC: Conduent Inc., Cubic Corp., EFKON GmbH, General Electric Co., Kapsch TrafficCom AG, Mitsubishi Heavy Industries Ltd., Raytheon Technologies Corp., Siemens AG, Singapore Technologies Engineering Ltd., Thales Group, Toshiba Corp., and Transurban Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing investment in smart cities by governments."
According to the report, one of the major drivers for this market is the convenience of electronic tolling for users and operators.
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:
- Conduent Inc.
- Cubic Corp.
- EFKON GmbH
- General Electric Co.
- Kapsch TrafficCom AG
- Mitsubishi Heavy Industries Ltd.
- RTX Corp.
- Siemens AG
- Singapore Technologies Engineering Ltd.
- Thales Group
- Toshiba Corp.
- Transurban Ltd.