Electronic Toll Collection Market Size Worth USD 15.79 Billion in 2032 | Emergen Research [Yahoo! Finance]
AEye, Inc. - Class A (LIDR)
Company Research
Source: Yahoo! Finance
Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The global Electronic Toll Collection (ETC) market size was USD 8.37 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.6% during the forecast period. Increasing usage of electronic tolls to reduce traffic congestion, accidents, and environmental pollution is a key factor driving market revenue growth. Electronic Toll Collection allows for easy toll collecting and traffic monitoring and enables toll fee payments to be made directly from the associated prepaid or savings account. Electronic Toll Collection systems help to enhance traffic flow through toll areas. Manual toll collection lanes handle around 350 vehicles per hour, while automatic coin machine lanes handle approximately 500 vehicles per hour. Electronic Toll Collection frees vehicles from stop-and-go maneuvering at tollgates, results in significantly reduced traffic sounds and exhaust nitrogen oxides in the surrounding environment and helps to reduce carbon
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- AEye to Report First Quarter 2024 Financial Results on Tuesday, May 14Business Wire
- AEye, Inc. (NASDAQ:LIDR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LIDR
Sec Filings
- 4/16/24 - Form 4
- 4/12/24 - Form 8-K
- 4/2/24 - Form DEFA14A
- LIDR's page on the SEC website