Toll Road Operation in China - Industry Market Research Report
Toll Road Operation in China
Toll road operators charge motorists for the right to drive on highways. They collect tolls to compensate for the investment into highway construction as well as their maintenance. In China, most toll roads are invested in and managed by the government, and their revenue is primarily derived from tolls. Due to the COVID-19 pandemic in 2020, revenue for the Toll Road Operation industry in China decreased 18.3%. This was also the first time that the industry had seen a decline in revenue. Over the five years through 2022, the Toll Road Operation industry in China has experienced annualized growth of 1.2% to $90.3 billion. This is anticipated to include a revenue jump of 4.7% in 2022. Since industry activities are supervised by the government, there are only 145 toll road operation enterprises.
The Toll Road Operation industry in China manages and maintains expressways, bridges, tunnels and other highways. Not included in this industry are the management and maintenance of city roads, city bridges and city tunnels, as well as the rebuilding and repair of roads, bridges and tunnels.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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