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The United States electronic toll collection market was valued at US$ 2.64 Billion in 2021.
We expect the United States electronic toll collection market to exhibit a CAGR of 9.00% during
The growing prominence of electronic toll collection systems in urban cities, owing to their ability to
enhance the transparency of toll collection processes, reduce air pollution, minimize road
congestion, etc., is currently driving the United States electronic toll collection market.
The sudden outbreak of the COVID-19 pandemic has led to the rising consumer inclination towards
automated transaction solutions, such as electronic toll collection system, for cashless transaction to
combat the risk of the coronavirus infection upon human interaction in conventional procedures.
Based on the technology, the United States electronic toll collection market has been segregated
into RFID, DSRC, and others. Among these, RFID technology accounts for the majority of the total
Based on the system, the United States electronic toll collection market can be divided into
transponder- or tag-based toll collection systems and other toll collection systems. Currently,
transponder- or tag-based toll collection systems exhibit a clear dominance in the market.
Based on the subsystem, the United States electronic toll collection market has been categorized
into automated vehicle identification, automated vehicle classification, violation enforcement
system, and transaction processing. Among these, automated vehicle classification subsystem holds
the majority of the total market share.
Based on the offering, the United States electronic toll collection market can be segmented into
hardware and back office and other services. Currently, hardware represents the largest market
Based on the toll charging, the United States electronic toll collection market has been divided into
distance based, point based, time based, and perimeter based. Among these, distance based toll
charging exhibits a clear dominance in the market.
Based on the application, the United States electronic toll collection market can be bifurcated into
highways and urban areas. Currently, highways hold the largest market share.
On a regional level, the market has been classified into Northeast, Midwest, South, and West, where
South currently dominates the market.
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