Asia Pacific ETC Market Forecast: What to Expect in the Next Decade
The Electronic Toll Collection market is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2034, reaching a projected value of USD 21,976.43 million by 2034. In 2024, the market is estimated to be valued at USD 10,442.69 million, following a consistent growth trajectory.
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The need for efficient and seamless toll-collection systems has grown dramatically in recent years, driving the growth of the ETC systems market. ETC systems provide autonomous toll collection without requiring manual transactions by utilising state-of-the-art technologies such as RFID-based toll systems and dedicated short-range communication.
The Electronic Toll Collection market is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2034, reaching a projected value of USD 21,976.43 million by 2034. In 2024, the market is estimated to be valued at USD 10,442.69 million, following a consistent growth trajectory.
Request For Sample Copy: https://wemarketresearch.c...
The need for efficient and seamless toll-collection systems has grown dramatically in recent years, driving the growth of the ETC systems market. ETC systems provide autonomous toll collection without requiring manual transactions by utilising state-of-the-art technologies such as RFID-based toll systems and dedicated short-range communication.
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