Page 16 - Traffic Infra Tech Magazine

NEWS

Global Vehicle Toll Collection to reach highest
CAGR by 2024
A ccording to a research technology makes use of RFID (Radio-
recently
Frequency Identification) tags that scan
published
by
ResearchAndMarkets.com, the
whereas ANPR uses a camera to identify
electronic toll collection market was the vehicle entry/exit at the tollbooth,
valued at USD 1.60 billion in 2018, and the vehicle license plate. Also, these
is expected to witness the highest CAGR, systems add another edge for improving
of over 10 per cent, during the forecast vehicle theft detection, track vehicles
period (2019-2024). With the rise of crossing the signal and keep a tab on
electronic ways of collecting toll, the over speeding vehicles.
traffic at tollbooths can be reduced. This Other advantages of this method
is possible as E- Tolling will be carried for motorists include fuel savings and
out without the exchange of currency reduced exhaust emissions, by reducing
notes, thus not compelling the cars to or eliminating deceleration, acceleration,
stop. Among the various technologies and waiting time. However, RFID tags
that are being used for collecting tolls have been popularly adopted across the
electronically, the major technologies world, compared to other technologies.
that have grabbed enough attention For electronic toll collection system, the
and are being used are Dedicated trend of shifting from barrier based ETC
Short Range Communications (DSRC) to open road tolling (ORT) or free flow
technology and Automatic Number Plate tolling, has been gradually growing,
Recognition (ANPR). especially in countries facing high traffic
According to the report, DSRC congestions at toll roads.

HMRL launches smart parking sytstem at
Begumpet Metro station
yderabad Metro Rail Ltd launched park their vehicles with colour coded
a paid parking station and an vacant spaces on the app. The parking
Helectric vehicle charging station at facility will be open to public from 6
Begumpet Metro station in May. Under am to 10:30 pm, and the app will be
the brand name ‘Park Hyderabad’, the functional shortly. The facilities available
paid parking facility is being offered at all at the parking lots include WiFi and CCTV
the 24 Metro stations between Miyapur cameras. HMRL in collaboration with
and Nagole stations. At present, Rs Fortum, a Finnish government-owned
three per hour is being charged for a company also launched vehicle charging
two-wheeler and Rs eight per hour for networks at eight stations. The project
a four-wheeler.
was inaugurated by Principal Secretary
The Integrated Smart Parking of Municipal Administration and Urban
Management System will help people Development, Arvind Kumar.

16 April - May ’19 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com