Electronic Toll Collection Market Size Study, By type, By Application and Regional Forecast to 2027
Market Highlights Market Research Future (MRFR), along with its latest report on the electronic Toll collection market 2020, releases the impact of COVID 19 pandemic on the market. Other causes that are observed to cast powerful impact on the Electronic Toll Collection System market is expected to promote the expansion of the electronic Toll collection market in the years to come. As per MRFR analysis, the expansion of the electronic toll collection system can be attributed to rise in the need for electronic solutions with increased time efficiency. MRFR analysis reveals that the global electronic toll collection system can rise at 11.2% CAGR across the assessment period. The electronic toll collection global electronic toll collection system can value at USD 13,819 Mn on the conclusion of the study period. The use of automation facilities in identification of vehicles and technological advancements across transportation industry can cause the expansion of the market....