Electronic toll collection system is an automated system, eliminating manual operations by toll payers and receivers. The global ETC market is expected to steer towards a strong double-digit growth rate in the coming five years (2015-2020). The primary drivers of the upcoming growth comprise the need to save travel time, cashless travel facility, the need to stop/minimize the traffic congestion and fast toll transaction. However, factors like high installation cost and a high dependence on ... Read more
Electronic Toll Collection (ETC) System market, over the past few years is perceiving a rapid upsurge evolving extensively. Emergence of these systems has brought up the convenience of systematic, congestion free travel experience & a much reduced traveling time. Which, people are actually enjoying & appreciating increasingly demanding for these systems to be implemented at the toll collection centres for ... Read more
