North American Electronic Toll Collection Market

Projections of moderate toll construction growth, increased need from an expanding replacement segment, and more vehicles on the road define the North American electronic toll collection (ETC) industry. Demand is rising for ETC systems that lower operating costs and increase traffic flow, and are interoperable, convenient, and efficient. Cutting-edge solutions are necessary for industry leaders, making product development and customer service keys to gaining market share.

This in-depth study from Frost & Sullivan provides an overview of the automatic vehicle classification (AVC), automatic vehicle identification (AVI), and violation enforcement system (VES)segments in the U.S. and Canadian markets, projecting market and revenue trends through 2007.

Automatic Vehicle Identification Segment Holds Most Potential

"The AVI system is the most prominent component of the three segments and uses the newest technology," states the author of this study. "The constant deployment of ETC systems and the increasing number of vehicles in use has driven demand for AVI components. "These systems use a radio frequency transponder located inside a vehicle to identify the vehicle to electronic readers and other toll collection equipment.

Transponders are a major component of AVI systems, making battery performance and interoperability improvements crucial to success. End users are demanding products that are more durable and consumer-friendly, giving drivers the flexibility to pay road tolls and use the technology in emerging retail application areas. Companies that can increase the functionality of AVI systems will experience greater market share.

Successful System Testing Builds Reputation

"ETC systems must be tested for optimal performance before being installed in real-life situations," states the author. "If a system malfunctions in real-life applications, potential end-users may be skeptical of using ETC systems. "By participating in successful demonstration projects and field tests, company's can build a solid reputation, and raise brand awareness, and positioning them for long-term growth.

North America accounts for over half of the worldwide ETC market, and the number of end users continues to grow, making the strategic intelligence in this study vital to success. By providing profiles of top products and examples of project implementation, this Frost & Sullivan deliverable equips you with the most up-to-date information available.