• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Electronic Toll Collection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global electronic toll collection market is currently witnessing strong growth. An electronic toll collection (ETC) system is an automated mechanism that utilizes sophisticated cameras and sensors to perform various functions at a toll booth. The ETC can capture images of the vehicle’s registration plate and scan the transponders attached to vehicles to collect the correct toll automatically when the vehicle passes the toll booth. It utilizes various advanced solutions, such as video analytics, Dedicated Short-Range Communications (DSRC), Global Positioning System (GPS) and Global Navigation Satellite System (GNSS) for toll collection and vehicle tracking. This saves travel time of the travellers, offers cashless facility, minimizes congestion at the toll booths and quickens toll transactions. 

The development of smart transportation systems, along with the growing requirement of effective traffic management solutions, is among the key factors driving the growth of the market. Furthermore, as a result of the rapidly rising population across the globe, which is leading to increasing on-road vehicles, there is increased adoption of ETC systems across developing nations to manage the additional congestion at toll plazas on highways and roads. Additionally, various technological advancements, including the utilization of real-time tracking and monitoring devices on vehicles and the adoption of radio-frequency identification (RFID) sensors, are favoring the market growth. Apart from toll collection, these systems also aid in tracking stolen automobiles and managing over-speeding vehicles. Other factors, including favorable government policies to improve transportation infrastructure, extensive research and development (R&D) activities and the increasing automation across the automotive sector, are projected to drive the market further. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2020-2025.

Breakup by Technology:

  • RFID
  • DSRC
  • Others

Breakup by System:

  • Transponder - or Tag-Based Toll Collection Systems
  • Other Toll Collection Systems
     

Breakup by Subsystem:

  • Automated Vehicle Identification
  • Automated Vehicle Classification
  • Violation Enforcement System
  • Transaction Processing
     

Breakup by Offering:

  • Hardware
  • Back Office and Other Services
     

Breakup by Toll Charging:

  • Distance Based
  • Point Based
  • Time Based
  • Perimeter Based

 

Breakup by Application:

  • Highways
  • Urban Areas
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

 

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being 3M, Conduent Business Services LLC, Cubic Transportation Systems Inc., Efkon AG, Kapsch Trafficcom AG, Q-Free, Raytheon Company, Schneider Electric, Siemens AG, Thales Group, Trans Core, Transurban Limited Ltd., etc.

Key Questions Answered in This Report:

  • How has the global electronic toll collection market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global electronic toll collection market?
  • What are the key regional markets?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the system?
  • What is the breakup of the market based on the subsystem?
  • What is the breakup of the market based on the offering?
  • What is the breakup of the market based on the toll charging?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global electronic toll collection market and who are the key players?
  • What is the degree of competition in the market?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Electronic Toll Collection Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Technology
    6.1    RFID
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    DSRC
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by System
    7.1    Transponder - or Tag-Based Toll Collection Systems
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Other Toll Collection Systems
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Subsystem
    8.1    Automated Vehicle Identification
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automated Vehicle Classification
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Violation Enforcement System
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Transaction Processing
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Offering
    9.1    Hardware
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Back Office and Other Services
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Toll Charging
    10.1    Distance Based
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Point Based
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Time Based
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Perimeter Based
        10.4.1 Market Trends
        10.4.2 Market Forecast
11    Market Breakup by Application
    11.1    Highways
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Urban Areas
        11.2.1 Market Trends
        11.2.2 Market Forecast
12    Market Breakup by Region
    12.1    North America
        12.1.1 United States
           12.1.1.1 Market Trends
           12.1.1.2 Market Forecast
        12.1.2 Canada
           12.1.2.1 Market Trends
           12.1.2.2 Market Forecast
    12.2    Asia Pacific
        12.2.1 China
           12.2.1.1 Market Trends
           12.2.1.2 Market Forecast
        12.2.2 Japan
           12.2.2.1 Market Trends
           12.2.2.2 Market Forecast
        12.2.3 India
           12.2.3.1 Market Trends
           12.2.3.2 Market Forecast
        12.2.4 South Korea
           12.2.4.1 Market Trends
           12.2.4.2 Market Forecast
        12.2.5 Australia
           12.2.5.1 Market Trends
           12.2.5.2 Market Forecast
        12.2.6 Indonesia
           12.2.6.1 Market Trends
           12.2.6.2 Market Forecast
        12.2.7 Others
           12.2.7.1 Market Trends
           12.2.7.2 Market Forecast
    12.3    Europe
        12.3.1 Germany
           12.3.1.1 Market Trends
           12.3.1.2 Market Forecast
        12.3.2 France
           12.3.2.1 Market Trends
           12.3.2.2 Market Forecast
        12.3.3 United Kingdom
           12.3.3.1 Market Trends
           12.3.3.2 Market Forecast
        12.3.4 Italy
           12.3.4.1 Market Trends
           12.3.4.2 Market Forecast
        12.3.5 Spain
           12.3.5.1 Market Trends
           12.3.5.2 Market Forecast
        12.3.6 Russia
           12.3.6.1 Market Trends
           12.3.6.2 Market Forecast
        12.3.7 Others
           12.3.7.1 Market Trends
           12.3.7.2 Market Forecast
    12.4    Latin America
        12.4.1 Brazil
           12.4.1.1 Market Trends
           12.4.1.2 Market Forecast
        12.4.2 Mexico
           12.4.2.1 Market Trends
           12.4.2.2 Market Forecast
        12.4.3 Others
           12.4.3.1 Market Trends
           12.4.3.2 Market Forecast
    12.5    Middle East and Africa
        12.5.1 Market Trends
        12.5.2 Market Breakup by Country
        12.5.3 Market Forecast
13    SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14    Value Chain Analysis
15    Porters Five Forces Analysi
s
    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    3M
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Conduent Business Services LLC
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio 
        16.3.3    Cubic Transportation Systems Inc.
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
        16.3.4    Efkon AG
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials
        16.3.5    Kapsch Trafficcom AG
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Q-Free
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
           16.3.6.3 Financials
        16.3.7    Raytheon Company
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Schneider Electric
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
        16.3.9    Siemens AG
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Thales Group
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
        16.3.11    Trans Core
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio 
        16.3.12    Transurban Limited
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio 
           16.3.12.3 Financials

List of Figures

Figure 1: Global: Electronic toll collection Market: Major Drivers and Challenges
Figure 2: Global: Electronic toll collection Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Electronic toll collection Market: Breakup by Technology (in %), 2019
Figure 4: Global: Electronic toll collection Market: Breakup by System (in %), 2019
Figure 5: Global: Electronic toll collection Market: Breakup by Subsystem (in %), 2019
Figure 6: Global: Electronic toll collection Market: Breakup by Offering (in %), 2019
Figure 7: Global: Electronic toll collection Market: Breakup by Toll Charging (in %), 2019
Figure 8: Global: Electronic toll collection Market: Breakup by Application (in %), 2019
Figure 9: Global: Electronic toll collection Market: Breakup by Region (in %), 2019
Figure 10: Global: Electronic toll collection Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 11: Global: Electronic toll collection (RFID) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Electronic toll collection (RFID) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Electronic toll collection (DSRC) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Electronic toll collection (DSRC) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Electronic toll collection (Others Technology) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Electronic toll collection (Others Technology) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Electronic toll collection (Transponder - or Tag-Based Toll Collection Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Electronic toll collection (Transponder - or Tag-Based Toll Collection Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Electronic toll collection (Other Toll Collection Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Electronic toll collection (Other Toll Collection Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Electronic toll collection (Automated Vehicle Identification) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Electronic toll collection (Automated Vehicle Identification) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Electronic toll collection (Automated Vehicle Classification) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Electronic toll collection (Automated Vehicle Classification) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Electronic toll collection (Violation Enforcement System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Electronic toll collection (Violation Enforcement System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Electronic toll collection (Transaction Processing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Electronic toll collection (Transaction Processing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Electronic toll collection (Hardware) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Electronic toll collection (Hardware) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Electronic toll collection (Back Office and Other Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Electronic toll collection (Back Office and Other Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Electronic toll collection (Distance Based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Electronic toll collection (Distance Based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Global: Electronic toll collection (Point Based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Global: Electronic toll collection (Point Based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Global: Electronic toll collection (Time Based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Global: Electronic toll collection (Time Based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Global: Electronic toll collection (Perimeter Based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Global: Electronic toll collection (Perimeter Based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Global: Electronic toll collection (Highways) Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Global: Electronic toll collection (Highways) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Global: Electronic Toll Collection (Urban Areas) Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Global: Electronic Toll Collection (Urban Areas) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: North America: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: North America: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: United States: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: United States: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Canada: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Canada: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Asia Pacific: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Asia Pacific: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: China: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: China: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Japan: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Japan: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: India: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: India: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: South Korea: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: South Korea: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Australia: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Australia: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Indonesia: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Indonesia: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Others: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Others: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Europe: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Europe: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Germany: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Germany: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: France: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: France: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: United Kingdom: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: United Kingdom: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Italy: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Italy: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Spain: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Spain: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Russia: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Russia: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Others: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Others: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Latin America: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 84: Latin America: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 85: Brazil: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Brazil: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 87: Mexico: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 88: Mexico: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 89: Others: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 90: Others: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 91: Middle East and Africa: Electronic Toll Collection Market: Sales Value (in Million US$), 2014 & 2019
Figure 92: Middle East and Africa: Electronic Toll Collection Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 93: Global: Electronic Toll Collection Industry: SWOT Analysis
Figure 94: Global: Electronic Toll Collection Industry: Value Chain Analysis
Figure 95: Global: Electronic Toll Collection Industry: Porter’s Five Forces Analysis
Figure 96: Electronic Toll Collection System: Cost Breakup (in %)

List of Tables

Table 1: Global: Electronic Toll Collection Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Electronic Toll Collection Market Forecast: Breakup by Technology (in Million US$), 2020-2025
Table 3: Global: Electronic Toll Collection Market Forecast: Breakup by System (in Million US$), 2020-2025
Table 4: Global: Electronic Toll Collection Market Forecast: Breakup by Subsystem (in Million US$), 2020-2025
Table 5: Global: Electronic Toll Collection Market Forecast: Breakup by Offering (in Million US$), 2020-2025
Table 6: Global: Electronic Toll Collection Market Forecast: Breakup by Toll Charging (in Million US$), 2020-2025
Table 7: Global: Electronic Toll Collection Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 8: Global: Electronic Toll Collection Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 9: Global: Electronic Toll Collection Market: Competitive Structure
Table 10: Global: Electronic Toll Collection Market: Key Players

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