Automatic toll payment machines are installed to provide toll payment option to customers without interference of human operators and to reduce traffic congestion at toll collection booths. The automatic toll payment machines are equipped with LCD/LED display screen, and include menu for user instructions. In addition, these machines can determine and display different toll rates based on the time of the day. Furthermore, they enable payment via cash or card, and display allows choice of tolls based on class and type of vehicle.
The market is anticipated to witness significant growth over the years, owing to adoption of automatic toll payment machines in developing countries and increase in demand for efficient traffic management at toll collection centers.
The U.S. & Europe automatic toll payment machine market is segmented into component and application. The report provides information on the components of automatic toll permanent machines such as hardware, software, and service. Furthermore, the applications covered in the study include tollink, transportation, parking, kiosk, and others.
The key players analyzed in the automatic toll payment machine market include A-to-Be, Tecsidel, Indra, ASELSAN A._., Kapsch TrafficCom, SICE, Sigma, G.E.A, and VITRONIC.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents the analytical depiction of the U.S. & Europe automatic toll payment machine market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers.



KEY MARKET SEGMENTS
By Component

  • ·Hardware
  • ·Software
  • ·Service



By Application

  • ·Tollink
  • ·Transportation
  • ·Parking
  • ·Kiosk
  • ·Others



By Region

  • ·U.S.
  • ·Europe


Key Market Players

  • ·A-TO-BE
  • ·Tecsidel, S.A.
  • ·Eltra
  • ·Indra Sistemas, S.A.
  • ·Aselsan A._.
  • ·Kapsch Trafficcom
  • ·Sice
  • ·Sigma S.P.A.
  • ·G.E.A.
  • ·Vitronic