Semiconductor

  Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Highlights Toll collection has significantly shifted towards electronic means primarily because of the ease of use and increased time efficiency. The global electronic toll collection market is set to achieve revenues worth USD 13,819 million while growing at a CAGR of 11.2% in the forecast period from 2017 to 2023. The electronic toll collection systems have shown advances right from the automation in work processes to identification of vehicles owing to infrastructural advancements as well as technological advancements in the transportation industry. Increasing use of vehicles for day to day commuting has led to the need for solutions to optimize traffic congestion at toll stations. The rising demand for lessening traffic congestion and fuel consumption is one of the m...

  Market Research Future published a research report on “Electronic Toll Collection Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Market Overview  Electronic Toll Collection System is an electronically powered toll collection machine that collects the pre-programmed toll from customers. An electronic toll collection system is the smart alternative to manual toll collection. Now that people depend on electronics and gadgets more than personal services, the use of electronic toll collection systems is gaining popularity. The Electronic Toll Collection Market System also becomes complex as time passes. There are many reasons behind the growth of the Electronic Toll Collection Market Size. One of the major reasons is the replacement of manual labor with smart technologies. The use of Electronic Toll Collection Systems helps in modernizing public infrastructure and transport systems.  There are many ...

  Market Research Future published a research report on “ Electronic Toll Collection System   Research Report - Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. 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 co...