- Report
- April 2024
Global
From €1500EUR$1,693USD£1,310GBP
In the realm of car electronics and GPS, the GNSS (Global Navigation Satellite System) Based Road Pricing market is an emerging sector that encompasses the integration of GPS technology with vehicle systems to facilitate the implementation of road usage charging schemes. GNSS-based systems use satellite signals to determine the location of a vehicle and calculate charges based on various factors such as distance traveled, time of day, vehicle type, and environmental considerations. This technology aims to manage traffic congestion, incentivize the use of alternative routes or transportation methods, and generate revenue that can be reinvested in transportation infrastructure. The underpinning technology within GNSS-based road pricing is reliant on advanced car electronics and GPS modules to ensure accurate and reliable performance for both end-users and operators.
Several companies are at the forefront of the GNSS-Based Road Pricing market. Some of these include:
- Kapsch TrafficCom AG: A provider of intelligent transportation systems offering electronic toll collection systems based on GNSS.
- Raytheon Technologies Corporation: A conglomerate that, among other activities, develops GNSS-based road pricing solutions through its Collins Aerospace division.
- Siemens Mobility: A division of Siemens AG, offering a range of transportation solutions including GNSS-based tolling systems.
- Thales Group: A multinational company delivering a variety of services and systems for the aerospace and defense sectors, including GNSS applications for road pricing.
- Cubic Transportation Systems: A business division of Cubic Corporation, known for their integrated solutions for transportation and traffic management, offering Show Less Read more