Electronic Toll Collection Market Industry Trends and Forecast to 2034
The Electronic Toll Collection (ETC) market involves the use of technology to automate the toll payment process, allowing vehicles to pass through toll plazas without stopping. The ETC system eliminates manual toll collection, reducing congestion, fuel consumption, and travel time. It uses RFID (Radio Frequency Identification), DSRC (Dedicated Short-Range Communication), and GPS/GNSS (Global...
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