Press release
Tolling and City Congestion Market in Asia-Pacific key Drivers, Business Insights, Trends and Applications by 2025
Inclination toward effective traffic management solutions, need to reduce environmental pollution, and emergence of the internet of things have propelled the growth of the Asia-Pacific tolling & city congestion market
Allied Market Research published a report, titled, "Asia-Pacific Tolling and City Congestion Market by Product Type (Electronic Tolling, ATMS, and UTM): Opportunity Analysis and Industry Forecast, 2018-2025". The report provides detailed analyses of the key investment pockets, market share & forecast, drivers & opportunities, business performances of key players, and competitive landscape. According to the report, the Asia-Pacific tolling & city congestion market accounted for $1.15 billion in 2017 and is expected to garner $3.93 billion by 2025, registering a CAGR of 16.7% during 2018-2025.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5069
Increasing demand for effective traffic management solutions, burgeoning number of vehicles, and pressing need to reduce environment pollution have boosted the growth of the market. However, high initial capital investment for transportation & tolling system and requirement of large database for road & tolling network hamper the market growth. On the contrary, increasing inclination toward smart cities, emergence of the internet of things, and innovation of smart traffic signal are expected to create lucrative opportunities in the future.
UTM segment to witness highest demand by 2025
In 2017, the UTM segment garnered the largest market share, contributing about two-thirds of the total market revenue and is expected to maintain its dominance throughout the study period. However, the ATMS segment is expected to register the fastest CAGR of 20.5% during the forecast period, as ATMS uses roadside traffic sensors to offer real-time information. In addition, the electronic tolling segment is anticipated to show gradual growth during 2018-2025.
Enquire before buying @ https://www.alliedmarketresearch.com/purchase-enquiry/5069
Hong Kong to portray fastest CAGR through 2025
Hong Kong region is expected to manifest the fastest CAGR of 23.8% during the study period, owing to continuous developments and advancement in technologies coupled with supportive government policies related to tolling & traffic congestion. However, Singapore region held the largest market share in 2017, contributing about 22% of the total revenue, owing to increased population and surge in demand for transportation services in the region. The other regions analyzed in the report include Thailand, Philippines, South Korea, and Malaysia.
Access Complete Research Report @ https://www.alliedmarketresearch.com/asia-pacific-tolling-and-city-congestion-market
The key players Operating in the Asia-Pacific tolling & City Congestion Market
* Efkon GmbH,
* Raytheon,
* Siemens AG,
* Conduent (Xerox Corporation),
* Alstom, Toshiba Corporation,
* Thales Group,
* Siemens AG,
* Kapsch,
* Cubic Transportation
* GE transportation.
Driving factors for the market
1.Rise in demand for effective traffic management solutions
2.Increase in number of vehicles
3.Reduction in environmental pollution
Market Restraints and Opportunities:
1.High initial capital investment for transportation & tolling system
2.Large database requirement for road & tolling network
3.Loss in jobs due to advance automatic tolling system.
4.Investments in the idea of smart cities
5.Innovation of smart traffic signal
6.Emergence of internet of things (IoT)
Similar Reports:
Thailand and philippines tolling and city congestion market
https://www.alliedmarketresearch.com/thailand-and-philippines-tolling-and-city-congestion-market
Asia Pacific Cold Chain Logistics Market
https://www.alliedmarketresearch.com/asia-pacific-cold-chain-logistics-market
UK Cold Chain Logistics Market
https://www.alliedmarketresearch.com/uk-cold-chain-logistics-market
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Allied Market Research published a report, titled, "Asia-Pacific Tolling and City Congestion Market by Product Type (Electronic Tolling, ATMS, and UTM): Opportunity Analysis and Industry Forecast, 2018-2025". The report provides detailed analyses of the key investment pockets, market share & forecast, drivers & opportunities, business performances of key players, and competitive landscape. According to the report, the Asia-Pacific tolling & city congestion market accounted for $1.15 billion in 2017 and is expected to garner $3.93 billion by 2025, registering a CAGR of 16.7% during 2018-2025.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5069
Increasing demand for effective traffic management solutions, burgeoning number of vehicles, and pressing need to reduce environment pollution have boosted the growth of the market. However, high initial capital investment for transportation & tolling system and requirement of large database for road & tolling network hamper the market growth. On the contrary, increasing inclination toward smart cities, emergence of the internet of things, and innovation of smart traffic signal are expected to create lucrative opportunities in the future.
UTM segment to witness highest demand by 2025
In 2017, the UTM segment garnered the largest market share, contributing about two-thirds of the total market revenue and is expected to maintain its dominance throughout the study period. However, the ATMS segment is expected to register the fastest CAGR of 20.5% during the forecast period, as ATMS uses roadside traffic sensors to offer real-time information. In addition, the electronic tolling segment is anticipated to show gradual growth during 2018-2025.
Enquire before buying @ https://www.alliedmarketresearch.com/purchase-enquiry/5069
Hong Kong to portray fastest CAGR through 2025
Hong Kong region is expected to manifest the fastest CAGR of 23.8% during the study period, owing to continuous developments and advancement in technologies coupled with supportive government policies related to tolling & traffic congestion. However, Singapore region held the largest market share in 2017, contributing about 22% of the total revenue, owing to increased population and surge in demand for transportation services in the region. The other regions analyzed in the report include Thailand, Philippines, South Korea, and Malaysia.
Access Complete Research Report @ https://www.alliedmarketresearch.com/asia-pacific-tolling-and-city-congestion-market
The key players Operating in the Asia-Pacific tolling & City Congestion Market
* Efkon GmbH,
* Raytheon,
* Siemens AG,
* Conduent (Xerox Corporation),
* Alstom, Toshiba Corporation,
* Thales Group,
* Siemens AG,
* Kapsch,
* Cubic Transportation
* GE transportation.
Driving factors for the market
1.Rise in demand for effective traffic management solutions
2.Increase in number of vehicles
3.Reduction in environmental pollution
Market Restraints and Opportunities:
1.High initial capital investment for transportation & tolling system
2.Large database requirement for road & tolling network
3.Loss in jobs due to advance automatic tolling system.
4.Investments in the idea of smart cities
5.Innovation of smart traffic signal
6.Emergence of internet of things (IoT)
Similar Reports:
Thailand and philippines tolling and city congestion market
https://www.alliedmarketresearch.com/thailand-and-philippines-tolling-and-city-congestion-market
Asia Pacific Cold Chain Logistics Market
https://www.alliedmarketresearch.com/asia-pacific-cold-chain-logistics-market
UK Cold Chain Logistics Market
https://www.alliedmarketresearch.com/uk-cold-chain-logistics-market
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
