US Tolling Market 2019 High Demand, In-depth Study, Growth Analysis, Cost Saving Strategies, Types, Key Companies and 2023 Future Development Overview

The study of the “US Tolling Market” provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry.

Dallas, United States - June 12, 2019 /MarketersMedia/ —

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.

Verra Mobility Corporation, KAPSCH (KAPSCH TrafficCom), Roper Technologies, Inc. (TransCore), Abertis (Emovis) and Sociedad Ibérica de Construcciones Eléctricas (Sice Inc.) are some of the key players operating in the US tolling market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Company Coverage:

Verra Mobility Corporation
KAPSCH (KAPSCH TrafficCom)
Roper Technologies, Inc. (TransCore)
Abertis (Emovis)
Sociedad Ibérica de Construcciones Eléctricas (Sice Inc.)

Get a PDF sample of this report @ https://www.orbisresearch.com/contacts/request-sample/3281955

Executive Summary:

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.

Electronic toll collection system is composed of three major components. First RFID (RFID tag, or transponder, consists of a chip and an antenna), second is reader and third is in-lane computer. RFID tag emits the information/identification data through antenna to the reader. Reader transmits the data to central database and facilitate with full information of the owner. Lastly, in-lane computer generates the appropriate toll charge of the vehicle and slip the information in the customers prepaid account.

The US tolling market has increased at a significant CAGR during the years 2014-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The US tolling market market is expected to increase due many growth drivers such as Escalating Rental Car Industry, Approaching New Projects, Truck Only Tolls, Modification in Electronic Toll Collection System, etc. Yet the market faces some challenges such as Economic Risk For The Tolling Business, Struggle to increase interoperability, etc.

Make an enquiry of this report @ https://www.orbisresearch.com/contacts/enquiry-before-buying/3281955

Some Points from Table of Content:
1. Executive Summary

2. Introduction

2.1 Tolling Industry: An Overview
2.1.1 Tolling Meaning
2.1.2 Tolling History
2.1.3 Elements of Tolling
2.1.4 Tolling Element: Charging Methods
2.1.5 Tolling Element: Collection Methods

2.2 Electronic Toll Collection System: An Overview
2.2.1 Electronic Toll Collection
2.2.2 Electronic Toll Collection: Application Techniques and Principles
2.2.3 Components of Electronic Toll System
2.2.4 Schematic of Electronic Toll Collection System

3. Market Sizing

3.1 The US Toll Market: An Analysis

3.1.1 The US Tolling Market by Value
3.1.2 The US Toll Road by Mileage
3.1.3 The US Toll Road by Growth in Mileage
3.1.4 The US Toll Market by Potential Increase in Toll Road Miles
3.1.5 The US Toll Market by Potential Interstate Route Toll Conversions
3.1.6 The US Toll Market by Number of Vehicles
3.1.7 The US Toll Road Market by Fleet Share
3.1.8 The US Toll Road Traffic & Revenue by Y-O-Y Growth
3.1.9 The US Toll Market by Electronic Toll System Account Penetration
......................Continued

Place a purchase order of this report @ https://www.orbisresearch.com/contact/purchase-single-user/3281955

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:
Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600
Phone: +1 (214) 884-6817
Website: https://www.orbisresearch.com/reports/index/the-us-tolling-market-size-trends-and-forecasts-2019-2023

Source URL: https://marketersmedia.com/us-tolling-market-2019-high-demand-in-depth-study-growth-analysis-cost-saving-strategies-types-key-companies-and-2023-future-development-overview/523479

Source: MarketersMedia

Release ID: 523479

Latest News

Massive South American blackout, 44 million without power

Jun 16, 2019

BUENOS AIRES, Argentina — A massive blackout left more than 44 million people without electricity in Argentina and Uruguay on Sunday after an unexplained failure in the neighboring countries' interconnected power grid. Authorities were working frantically to restore power but only about a half a million in Argentina had electricity back by early afternoon. Voters cast ballots by the light of cell phones in gubernatorial elections in Argentina. Public transportation halted, shops closed and patients dependent on home medical equipment were urged to go to hospitals with generators. "I was just on my way to eat with a friend, but...

The Latest: Damaged oil tanker arrives off UAE coast

Jun 16, 2019

DUBAI, United Arab Emirates — The Latest on developments in the Persian Gulf (all times local): 10:45 a.m. The Norwegian-owned oil tanker Front Altair, which caught fire after being apparently attacked last week in the Gulf of Oman, has arrived off the coast of the United Arab Emirates. The ship's position was some 20 miles off the coast of the Emirati port city of Khorfakkan on Sunday. The Front Altair caught fire after the attack Thursday, sending a thick cloud of black smoke visible even by satellite from space. On Saturday, Associated Press journalists saw the crew members of Front...

Paraguayan NGO distributes free marijuana seeds

Jun 16, 2019

ASUNCION, Paraguay — A nongovernmental organization in Paraguay is distributing free marijuana seeds so that mothers of chronically ill patients can produce CBD oil at home. The distribution effort by Mama Cultiva at a public square in Asuncion on Saturday was also intended to pressure the government of President Mario Abdo Benítez to authorize home cultivation of the plant. Former President Horacio Cartes enacted a medicinal cannabis law in 2018, but it has not taken effect because the health ministry has not issued regulations. Activist Rebeca Soilán said: "We are not pessimistic, but the current government is delaying regulation while...

The Latest: Arab League chief tells Iranians to 'be careful'

Jun 16, 2019

DUBAI, United Arab Emirates — The Latest on Mideast developments amid rising tensions in the Persian Gulf region (all times local): 11:45 p.m. The head of the Arab League is calling on the Iranians to "be careful and reverse course." Secretary General Ahmed Aboul Gheit noted after meeting with U.N. Secretary-General Antonio Guterres at U.N. headquarters in New York on Friday that there are conflicting reports about how Thursday's tanker incidents occurred. "We believe that responsibilities need to be clearly defined," he said. "The facts will be revealed, I am sure, it's only a matter of time." The U.S. says...

Trump blames Iran for tanker attacks but calls for talks

Jun 16, 2019

WASHINGTON — President Donald Trump has blamed Iran for attacks on oil tankers near the strategic Strait of Hormuz, but he also held out hope that implicit U.S. threats to use force will yield talks with the Islamic Republic as the Pentagon considers beefing up defenses in the Persian Gulf area. A day after explosions blew holes in two oil tankers just outside Iran's territorial waters, rattling international oil markets, the administration seemed caught between pressure to punish Iran and reassure Washington's Gulf Arab allies without drawing the U.S. closer to war. "Iran did it," Trump said Friday on Fox...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com