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China ETC Industry Report, Market Prospect and Investment Forecast

China ETC Industry Report, Market Prospect and Investment Forecast

Last Update:2014-04-23

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Highway electronic toll collection system (ETC) has experienced 10 years of development and began its rapid growth in the country.

Since 2007, after the introduction of GB20851 series ETC national standards and starting of demonstration projects in Beijing, Tianjin , the Yangtze River Delta, various countries of Fujian, Hubei, Gansu, Shaanxi , Shanxi, Hunan , Chongqing, Sichuan, Liaoning , Yunnan, Guizhou, Xinjiang and other provinces (autonomous regions, city ) have started the construction of provincial networking ETC one after another.

ETC construction has become a new hot spot for operation and management of China's highway industry. Currently, the work of domestic road ETC is still in its test and exploratory stage. Some individual sections are doing pilot projects, wide-range and large-scale promotion of ETC.

Inter-provincial and inter-regional ETC electronic toll networking is a trend and the need of economic and social development but also an expectation of the masses.

Three state-level ministries give strong support. “Opinions on Promoting the Application of ETC Technology " jointly issued by Ministry of Transport and the National Development and Reform Commission, Ministry of Finance requires that discount rate in principle is no less than 5 % and achieve ETC average coverage of 60%, ETC lanes to reach 6000, ETC users to reach 5,000,000 and utilization rate of non-cash payment to reach 40 %.

In addition, from the point of view of energy conservation, environmental improvement, ETC toll collection system will achieve wide range of promotion.

While competition in ETC industry is growing, integration and acquisition and capital operation of ETC enterprises are becoming more frequent. And more emphasis is focused on market research for excellent domestic ETC enterprises, especially on the industrial development environment and in-depth study of product purchasers.

This report is based on long-term market tracking information by Forward Intelligence on ETC industry. It analyses comprehensively and accurately the structure system from the overall height of the industry for you.

This report mainly analyzes current market environment of China's ETC industry; operation management and application efficiency of ETC system; characteristics of market demand of ETC industry; major products of ETC and development of regional markets; competitive landscape and competitive trends of ETC industry; operation of leading companies of ETC market; development trends and forecast of ETC industry. Meanwhile, based on first-hand market data of the whole industry in the past five years, it can allow you to fully and accurately grasp market trends and development trends of the whole industry.

The greatest feature of this report is forward-looking and timeliness. It does thorough and objective analysis of the overall market capacity, market scale, competitive landscape and characteristics of market demand of China's current ETC industry. Based on the development path and years of practical experience, it makes careful analysis and prediction of the future development trends of ETC industry.

It is a rare quality for ETC service enterprises, research institutes, marketing companies and investment companies to accurately understand the latest developments of the industry, grasp market opportunities, make the right business decisions and clear corporate directions. It is also the industry's first on comprehensive and systematic analysis of industrial market and key enterprises.

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