Us Electronic Toll Collection Market Trends

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U.S. Electronic Toll Collection Market Size, Share, and Trends Analysis Report Trends

  • Semiconductors and Electronics
  • May 2024
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rising Adoption of All-Electronic Tolling (AET) Systems”

  • All-Electronic Tolling (AET) systems eliminate the need for physical toll booths, reducing delays and vehicle emissions
  • AET provides seamless tolling through transponders or license plate recognition, enhancing the commuter experience
  • States are increasingly adopting AET to streamline toll operations and reduce long-term infrastructure maintenance costs
  • These systems also support cashless payments, aligning with broader consumer preferences for digital transactions
  • For instance, the Massachusetts Turnpike switched entirely to AET in 2016, leading to reduced congestion and faster traffic flow