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Electronic toll collection is used to collect tolls on roads by electronic methods.
This technology determines that the cars and other automobiles that pass through the toll are enrolled in the system. If not, it alerts the tax collectors that the respective cars are not enrolled in the system. The toll from the enrolled cars is automatically debited, thus avoiding the need for the car to stop at the collection counter.
Market Analysis and Insights: Global Electronic Toll Collection Market
The research report studies the Electronic Toll Collection market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Electronic Toll Collection market size is projected to reach US$ 6254.6 million by 2027, from US$ 4840.9 million in 2020, at a CAGR of 3.7% during 2021-2027.
Global Electronic Toll Collection Scope and Segment
The global Electronic Toll Collection market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electronic Toll Collection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Rfid-Based ETC Systems
Dsrc-Based ETC Systems
Video Analytic-Based ETC Systems
Gnss/Gps-Based ETC Systems
Segment by Application
Highway Tolling
Urban Tolling
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Toshiba
Mitsubishi
MIFARE
Shutoko
Xerox
Kapsch Trafficom AG
Q-Free
Hitachi
Illinois Tollway
Metro Infrasys
Conduent Transportation
This technology determines that the cars and other automobiles that pass through the toll are enrolled in the system. If not, it alerts the tax collectors that the respective cars are not enrolled in the system. The toll from the enrolled cars is automatically debited, thus avoiding the need for the car to stop at the collection counter.
Market Analysis and Insights: Global Electronic Toll Collection Market
The research report studies the Electronic Toll Collection market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Electronic Toll Collection market size is projected to reach US$ 6254.6 million by 2027, from US$ 4840.9 million in 2020, at a CAGR of 3.7% during 2021-2027.
Global Electronic Toll Collection Scope and Segment
The global Electronic Toll Collection market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electronic Toll Collection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Rfid-Based ETC Systems
Dsrc-Based ETC Systems
Video Analytic-Based ETC Systems
Gnss/Gps-Based ETC Systems
Segment by Application
Highway Tolling
Urban Tolling
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Toshiba
Mitsubishi
MIFARE
Shutoko
Xerox
Kapsch Trafficom AG
Q-Free
Hitachi
Illinois Tollway
Metro Infrasys
Conduent Transportation
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
