Major players in electronic toll collection market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives. The dynamics of the electronic toll collection market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success.
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Over the years, the level of demand for electronic toll collection has increased due to rising demand for effective traffic management at toll collection center. Electronic toll collection is used for a variety of applications, such as highway and urban and is forecast to grow at a CAGR of 9%. The major growth drivers for this market are effective solutions for traffic congestion, increasing allocation of funds by various governments to reduce environmental pollution, and cashless travel facility.
Firms that produce electronic toll collection are approaching market opportunities with starkly different strategies. Lucintel, a leading global Management Consulting and market research firm, has analyzed the global electronic toll collection suppliers and has come up with a comprehensive research report, “Lucintel Leadership Quadrant and Strategic Positioning of Electronic Toll Collection Suppliers”. Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders, contenders, visionaries, and specialists in the electronic toll collection market and rates each electronic toll collection producer on two primary criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
In this research study, leading players such as Raytheon, Efkon, Q- Free, Toshiba, Siemens, Thales, Transurban, and International Road Dynamics are analyzed and profiled based on various parameters such as target markets, product mapping, selling strategies, production capabilities, geographic footprint, financial, new product developments, market share, innovation, and other benchmarks. Some of the features of this research study are as follows:
Leadership and competitive analysis:
Product mapping of leading players
Benchmarking of financial strength of leading players
Leadership quadrant / strategic positioning of players
Leaders
Contenders
Visionaries
Specialists
Market shares of leading players in various regions:
North America
Europe
Asia Pacific
The Rest of the World
Profiles of leading players in terms of below parameters:
Product positioning
Market positioning
Financial strength
Revenue breakdown by market segments
Revenue breakdown by regions
Organizational capabilities
Innovation and market leadership
Designed for the industry professionals, financial services firms, and users of electronic toll collection, this more than 140-pages report will enable you to understand competitive landscape of electronic toll collection market. It will allow you to determine which companies are better aligned with future market opportunities and which has the ability to gain additional market share. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/electronic-toll-collection-leadership.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.