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Asia-Pacific Tolling and City Congestion Market by Product Type (Electronic Tolling, ATMS, and UTM): Opportunity Analysis and Industry Forecast, 2018 - 2025

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AU_185069
Pages: 138
Oct 2018 | 447 Views
 
Author's : Pranav Padalkar & Akshay Jadhav
Tables: 43
Charts: 60
 

Asia-pacific Tolling and City Congestion Market Overview 

The Asia-Pacific tolling and city congestion was valued at $1,154.9 million in 2017, and is projected to reach $3,932.4 million by 2025, registering a CAGR of 16.7% from 2018 to 2025.The tolling system is an automated mechanism, which helps reduce the delay on toll bridges, toll roads, and toll tunnels without human intervention for toll receivers and payers. It can electronically charge a toll to an established customer account through real-time tracking and monitoring system. The latest innovation in tolling system is the electronic toll collection (ETC) that allows vehicles to pass through a toll facility without stopping at the toll center. This tolling system uses technologies such as radio-frequency identification (RFID), dedicated short-range communication (DSRC), infrared, global navigation satellite system (GNSS)/global positioning system (GPS), and video analytics, for its operation.

Traffic management systems are commonly known as intelligent transportation systems (ITS). These are superior applications, which aim to provide innovative services in different modes of transport and traffic management. They help increase coordination among various users and enable them to stay better informed and make safer and smarter use of transport networks. Smart transportation has various types of applications such as parking management & guidance, passenger information, and in traffic management.

Factors such as rise in demand for efficient traffic management solutions, increase in number of vehicles, and reduction in environmental pollution majorly drive the adoption of tolling & city congestion systems. 
 
However, high capital investment for transportation & tolling system, large database requirement for road & tolling network, and low acceptance ratio restrict the market growth. Furthermore, rise in investments in the idea of smart cities and innovation of smart signal offer lucrative opportunities for the Asia-Pacific tolling & city congestion market.

The key players operating in the Asia-Pacific tolling & city congestion market are Efkon GmbH, Toshiba Corporation, Raytheon, Thales Group, Siemens AG, Kapsch, Conduent (Xerox Corporation), Cubic Transportation, Alstom, and GE transportation.

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The Asia-Pacific tolling & city congestion market is segmented based on product type and country. Electronic tolling, advanced traffic management solution (ATMS), and urban traffic management (UTM) are studied under the product segment. Based on region, the market is analyzed across Asia-Pacific.

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Top Impacting Factors

The key factors that drive the growth of the Asia-Pacific tolling & city congestion industry are rise in demand for effective traffic management solutions, increase in number of vehicles, and reduction in environmental pollution. However, high initial capital investment for transportation & tolling system, large database requirement for road & tolling network and loss in jobs owing to the advanced automatic tolling system hamper the growth of the market to a certain extent. The market witnessed significant growth owing to investments in the idea of smart cities, innovation of smart traffic signal, and emergence of Internet of Things (IoT). Each of these factors is anticipated to have a definite impact on the Asia-Pacific tolling & city congestion market during the forecast period. 

Rise in demand for effective traffic management solutions

Increase in number of vehicles leads to traffic congestion, if conventional traffic management systems are used. For instance, Los Angeles is the most congested city in the world where citizens spend on an average 102 hours in traffic during peak time, which is followed by San Francisco, Moscow, and others. Moreover, in Asia-Pacific, the major cities that face high traffic congestion include Dhaka, New Delhi, and Mumbai. Thus, there is a rise in the demand for smart transportation network, which is expected to help reduce traffic congestion and thus, enhance the safety, sustainability, and efficiency of the transportation network. There is a rapid increase in the number of vehicles on the road, which creates traffic congestions. Consequently, most of the consumers are now availing smart transportation options that can easily direct them toward the road that is less congested.

Increase in number of vehicles

Rise in disposable incomes results in a rapid increase in the sale of vehicles, in many developed or developing countries. This increase in adoption of vehicles leads to problems such as car parking space issue along with traffic snarls and congestion. For instance, the problem related to traffic in Amsterdam was solved by implementing TrafficLink SCM system that is connected to the traffic system of the national government. Furthermore, TrafficLinks SCM system resolved the conflict between North Holland and the national government by optimizing efficient traffic flow. It was achieved by initializing a single screen that allows both the parties to manage or monitor traffic in their respective region. The implementation of the traffic management system has reduced the problem of traffic congestion in the city. The joint monitoring of vehicles & traffic by North Holland and the national government is creating significant demand for the tolling and city congestion market.

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High initial capital investment for transportation & tolling system

Smart transportation is in high demand owing to its advantages such as time saving, cost-efficiency, high security, and fast speed over the traditional transportation system. Developed countries such as the U.S. and the UK can afford the capital investment required for smart transportation. However, it is deemed expensive in the developing countries such as Philippines, Pakistan, and others, due to lack of information and awareness about the technology in these countries. Thus, high capital investment is a major factor that hampers the growth of the tolling and city congestion market, in the developing as well as the underdeveloped countries.

Investments in the idea of smart cities

The development of smart cities and connected transport infrastructure is supported by the governments of several countries owing to rapid growth of economies and rapid adoption of advanced technologies worldwide. Countries such as Australia, Japan, China, and those from North America that include Canada, the U.S., and Mexico, have initiated the installation of digital infrastructure to facilitate connectivity between vehicles and infrastructure to gather important information to reduce traffic congestion and make roads safer. 

Key Benefits For Stakeholders

  • This study comprises an analytical depiction of the Asia-Pacific tolling & city congestion market along with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a strong foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.
  • The report includes the market share and trends of the key players in the Asia-Pacific tolling & city congestion market.

 

Asia-Pacific tolling and city congestion Key Market Segments 

By Product Type 

  • Electronic Tolling
  • ATMS
  • UTM

By Region

  • Asia-Pacific
    • Thailand
    • Singapore
    • Philippines
    • South Korea
    • Hong Kong
    • Malaysia
 

Chapter: 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter: 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

Chapter: 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.ROUTE TO MARKET / POTENTIAL PARTNERS
3.3.KEY FINDINGS

3.3.1.Top impacting factors
3.3.2.Top investment pockets
3.3.3.Top winning strategies

3.4.PORTER’S FIVE FORCES ANALYSIS
3.5.MARKET SHARE ANALYSIS (2017)
3.6.MARKET DYNAMICS

3.6.1.Drivers

3.6.1.1.Rise in demand for effective traffic management solutions
3.6.1.2.Increase in number of vehicles
3.6.1.3.Reduction in environmental pollution

3.6.2.Restraints

3.6.2.1.High initial capital investment for transportation & tolling system
3.6.2.2.Large database requirement for road & tolling network
3.6.2.3.Loss in jobs due to advance automatic tolling system.

3.6.3.Opportunities

3.6.3.1.Investments in the idea of smart cities
3.6.3.2.Innovation of smart traffic signal
3.6.3.3.Emergence of internet of things (IoT)

Chapter: 4:ASIA-PACIFIC TOLLING & CITY CONGESTION MARKET, BY PRODUCT TYPE

4.1.OVERVIEW
4.2.ELECTRONIC TOLLING

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by Country
4.2.3.Market analysis by country

4.3.ATMS

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market analysis by country

4.4.UTM

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.4.3.Market analysis by country

Chapter: 5:ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET, BY COUNTRY

5.1.OVERVIEW

5.1.1.Thailand

5.1.1.1.Market size and forecast, by Product type

5.1.1.1.1. Market size and forecast, by Electronic Tolling
5.1.1.1.2.  Market size and forecast, by ATMS
5.1.1.1.3. Market size and forecast, by UTM

5.1.2.Singapore

5.1.2.1.Market size and forecast, by Product type

5.1.2.1.1. Market size and forecast, by Electronic Tolling
5.1.2.1.2. Market size and forecast, by ATMS
5.1.2.1.3. Market size and forecast, by UTM

5.1.3.Philippines

5.1.3.1.Market size and forecast, by Product type

5.1.3.1.1. Market size and forecast, by Electronic Tolling
5.1.3.1.2. Market size and forecast, by ATMS
5.1.3.1.3. Market size and forecast, by UTM

5.1.4.South Korea

5.1.4.1.Market size and forecast, by Product type

5.1.4.1.1. Market size and forecast, by Electronic Tolling
5.1.4.1.2. Market size and forecast, by ATMS
5.1.4.1.3. Market size and forecast, by UTM

5.1.5.Hong Kong

5.1.5.1. Market size and forecast, by Product type

5.1.5.1.1.Market size and forecast, by Electronic Tolling
5.1.5.1.2. Market size and forecast, by ATMS
5.1.5.1.3. Market size and forecast, by UTM

5.1.5.Hong Kong

5.1.5.1.Market size and forecast, by Product type

5.1.5.1.1. Market size and forecast, by Electronic Tolling
5.1.5.1.2. Market size and forecast, by ATMS
5.1.5.1.3. Market size and forecast, by UTM

5.1.6.Malaysia

5.1.6.1. Market size and forecast, by Product type

5.1.6.1.1.Market size and forecast, by Electronic Tolling
5.1.6.1.2. Market size and forecast, by ATMS
5.1.56.1.3. Market size and forecast, by UTM

Chapter: 6:COMPANY PROFILE

6.1.ALSTOM

6.1.1.Company overview
6.1.2.Company snapshot
6.1.3.Operating business segments
6.1.4.Business performance
6.1.5.SWOT Analysis
6.1.6.Key strategic moves and developments

6.2.CONDUENT (XEROX CORPORATION)

6.2.1.Company overview
6.2.2.Company snapshot
6.2.3.Product portfolio
6.2.4.Business performance
6.2.5.SWOT Analysis
6.2.6.Key strategic moves and developments

6.3.EFKON GMBH

6.3.1.Company overview
6.3.2.Company snapshot
6.3.3.Operating business segments
6.3.4.Product portfolio
6.3.5.SWOT Analysis
6.3.6.Key strategic moves and developments

6.4.GE TRANSPORTATION

6.4.1.Company overview
6.4.2.Company snapshot
6.4.3.Operating business segments
6.4.4.Product portfolio
6.4.5.Business performance
6.4.6.SWOT Analysis
6.4.7.Key strategic moves and developments

6.5.KAPSCH

6.5.1.Company overview
6.5.2.Company snapshot
6.5.3.Operating business segments
6.5.4.Product portfolio
6.5.5.Business performance
6.5.6.SWOT Analysis
6.5.7.Key strategic moves and developments

6.6.RAYTHEON

6.6.1.Company overview
6.6.2.Company snapshot
6.6.3.Operating business segments
6.6.4.Product portfolio
6.6.5.Business performance
6.6.6.SWOT Analysis
6.6.7.Key strategic moves and developments

6.7.SIEMENS AG

6.7.1.Company overview
6.7.2.Company snapshot
6.7.3.Operating business segments
6.7.4.Product portfolio
6.7.5.Business performance
6.7.6.SWOT Analysis
6.7.7.Key strategic moves and developments

6.8.TOSHIBA CORPORATION

6.8.1.Company overview
6.8.2.Company snapshot
6.8.3.Operating business segments
6.8.4.Product portfolio
6.8.5.Business performance
6.8.6.SWOT Analysis
6.8.7.Key strategic moves and developments

6.9.THALES

6.9.1.Company overview
6.9.2.Company snapshot
6.9.3.Operating business segments
6.9.4.Product portfolio
6.9.5.Business performance
6.9.6.SWOT Analysis
6.9.7.Key strategic moves and developments

6.10.CUBIC TRANSPORTATION

6.10.1.Company overview
6.10.2.Company snapshot
6.10.3.Operating business segments
6.10.4.Product portfolio
6.10.5.Business performance
6.10.6.SWOT Analysis
6.10.7.Key strategic moves and developments


LIST OF TABLES
TABLE 01.ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET, BY PRODUCT TYPE, 2017-2025($MILLION)
TABLE 02.ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET FOR ELECTRONIC TOLLING, BY REGION 2017-2025 ($MILLION)
TABLE 03.ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET REVENUE FOR ATMS, BY REGION 2017-2025 ($MILLION)
TABLE 04.ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET REVENUE FOR UTM, BY REGION 2017–2025 ($MILLION)
TABLE 05.THAILAND TOLLING & CITY CONGESTIONMARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 06.PHILIPPINES TOLLING & CITY CONGESTIONMARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 07.ALSTOM: COMPANY SNAPSHOT
TABLE 08.ALSTOM: OPERATING SEGMENTS
TABLE 09.ALSTOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 10.XEROX: COMPANY SNAPSHOT
TABLE 11.CONDUENT: PRODUCT PORTFOLIO
TABLE 12.XEROX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 13.CUBIC TRANSPORTATION: COMPANY SNAPSHOT
TABLE 14.CUBIC TRANSPORTATION: OPERATING SEGMENTS
TABLE 15.CUBIC TRANSPORTATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 16.EFKON: COMPANY SNAPSHOT
TABLE 17.EFKON: OPERATING SEGMENTS
TABLE 18.EFKON: PRODUCT PORTFOLIO
TABLE 19.EFKON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 20.GE TRANSPORTATION: COMPANY SNAPSHOT
TABLE 21.GE: OPERATING SEGMENTS
TABLE 22.GE TRANSPORTATION: PRODUCT PORTFOLIO
TABLE 23.GE TRANSPORTATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 24.KAPSCH: COMPANY SNAPSHOT
TABLE 25.KAPSCH: OPERATING SEGMENTS
TABLE 26.KAPSCH: PRODUCT PORTFOLIO
TABLE 27.KAPSCH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 28.RAYTHEON: COMPANY SNAPSHOT
TABLE 29.RAYTHEON: OPERATING SEGMENTS
TABLE 30.RAYTHEON: PRODUCT PORTFOLIO
TABLE 31.RAYTHEON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 32.SIEMENS AG: COMPANY SNAPSHOT
TABLE 33.SIEMENS AG: OPERATING SEGMENTS
TABLE 34.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 35.SIEMENS AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36.TOSHIBA CORPORATION: COMPANY SNAPSHOT
TABLE 37.TOSHIBA CORPORATION: OPERATING SEGMENTS
TABLE 38.TOSHIBA CORPORATION: PRODUCT PORTFOLIO
TABLE 39.TOSHIBA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 40.THALES: COMPANY SNAPSHOT
TABLE 41.THALES: OPERATING SEGMENTS
TABLE 42.THALES: PRODUCT PORTFOLIO
TABLE 43.THALES: KEY STRATEGIC MOVES AND DEVELOPMENTS

 

LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP IMPACTING FACTORS
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2016–2018*
FIGURE 05.TOP WINNING STRATEGIES, BY YEAR, 2016–2018*
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2016–2018*
FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE THREAT OF SUBSTITUTES
FIGURE 10.HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 11.HIGH-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 12.MARKET SHARE ANALYSIS (2017)
FIGURE 13.ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET SHARE, BY PRODUCT TYPE, 2017–2025 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET FOR ELECTRONIC TOLLING, BY COUNTRY, 2017 & 2025 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKET FOR ATMS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC  TOLLING & CITY CONGESTION MARKETFOR UTM, BY COUNTRY, 2017 & 2025 (%)
FIGURE 17.THAILAND TOLLING & CITY CONGESTION MARKET, 2017–2025 ($MILLION)
FIGURE 18.THAILAND ELECTRONIC TOLLING MARKET, 2017–2025 ($MILLION)
FIGURE 19.THAILAND ATMS MARKET, 2017–2025 ($MILLION)
FIGURE 20.THAILAND UTM MARKET, 2017–2025 ($MILLION)
FIGURE 21.PHILIPPINES ASIA-PACIFIC  TOLLING & CITY CONGESTIONMARKET, 2017–2025 ($MILLION)
FIGURE 22.PHILIPPINES ELECTRONIC TOLLING MARKET, 2017–2025 ($MILLION)
FIGURE 23.PHILIPPINES ATMS MARKET, 2017–2025 ($MILLION)
FIGURE 24.PHILIPPINES UTM MARKET, 2017–2025 ($MILLION)
FIGURE 25.ALSTOM: NET SALES, 2015–2017 ($MILLION)
FIGURE 26.ALSTOM: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 27.ALSTOM: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 28.ALSTOM SWOT ANALYSIS
FIGURE 29.XEROX: NET SALES, 2015–2017 ($MILLION)
FIGURE 30.XEROX: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 31.XEROX SWOT ANALYSIS
FIGURE 32.CUBIC TRANSPORTATION:NET SALES, 2015–2017 ($MILLION)
FIGURE 33.CUBIC TRANSPORTATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 34.CUBIC TRANSPORTATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 35.CUBIC TRANSPORTATION SWOT ANALYSIS
FIGURE 36.EFKON SWOT ANALYSIS
FIGURE 37.GE: NET SALES, 2015–2017 ($MILLION)
FIGURE 38.GE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 39.GE: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 40.GE SWOT ANALYSIS
FIGURE 41.KAPSCH: NET SALES, 2015–2017 ($MILLION)
FIGURE 42.KAPSCH: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 43.KAPSCH: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 44.KAPSCH SWOT ANALYSIS
FIGURE 45.RAYTHEON: NET SALES, 2015–2017 ($MILLION)
FIGURE 46.RAYTHEON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 47.RAYTHEON: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 48.RAYTHEON SWOT ANALYSIS
FIGURE 49.SIEMENS AG: NET SALES, 2015–2017 ($MILLION)
FIGURE 50.SIEMENS AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 51.SIEMENS AG: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 52.SIEMENS SWOT ANALYSIS
FIGURE 53.TOSHIBA CORPORATION: NET SALES, 2015–2017 ($MILLION)
FIGURE 54.TOSHIBA CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 55.OSHIBA CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 56.TOSHIBA CORPORATION SWOT ANALYSIS
FIGURE 57.THALES: NET SALES,2015–2017 ($MILLION)
FIGURE 58.THALES: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 59.THALES: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 60.THALES SWOT ANALYSIS

 

 

Asia-Pacific tolling & city congestion market holds high potential for the transportation industry. The current business scenario witnessed an increase in the demand for effective traffic management solutions, particularly in the developing countries of Asia-Pacific. The key players operating in the industry have adopted various techniques to provide advanced and innovative product offerings to the customers.

The Asia-Pacific tolling & city congestion market is driven by the rise in demand for efficient traffic management solutions, increase in the number of vehicles, and reduction in environmental pollution.

However, high capital investment for transportation & tolling system, large database required for road & tolling network, and low acceptance ratio restrict the growth of the market. Furthermore, investments in the idea of smart cities and innovation of smart signal create lucrative opportunities for the Asia-Pacific tolling & city congestion market

The key players operating in the Asia-Pacific tolling & city congestion market are Efkon GmbH, Toshiba Corporation, Raytheon, Thales Group, Siemens AG, Kapsch, Conduent (Xerox Corporation), Cubic Transportation, Alstom, and GE transportation.
 

 

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