FEATURED COMPANIES
- Abertis
- Conduent Inc.
- DENSO CORPORATION
- Kapsch TrafficCom AG
- Q-Free ASA
- Sanef
- MORE
Global Electronic Toll Collection (ETC) Systems Market to Reach $12.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Electronic Toll Collection (ETC) Systems estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$12.4 Billion by 2027, growing at a CAGR of 8.9% over the period 2020-2027.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 8.3% CAGR
The Electronic Toll Collection (ETC) Systems market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
Select Competitors (Total 62 Featured):
Amid the COVID-19 crisis, the global market for Electronic Toll Collection (ETC) Systems estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$12.4 Billion by 2027, growing at a CAGR of 8.9% over the period 2020-2027.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 8.3% CAGR
The Electronic Toll Collection (ETC) Systems market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
Select Competitors (Total 62 Featured):
- Abertis
- Atlantia S.p.A
- Conduent Inc.
- Cubic Corporation
- DENSO CORPORATION
- Far Eastern Electronic Toll Collection Co., Ltd. (FETC)
- GeoToll
- International Road Dynamics Inc.
- Kapsch TrafficCom AG
- Perceptics LLC
- Q-Free ASA
- Raytheon Company
- Sanef
- Siemens AG
- Star Systems International Limited
- Thales Group
- The Revenue Markets Inc. (TRMI)
- Toll Collect GmbH
- TransCore
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Abertis
- Conduent Inc.
- DENSO CORPORATION
- Kapsch TrafficCom AG
- Q-Free ASA
- Sanef
- MORE
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Road User Charging: The Only Sustainable Way to Fund Road Infrastructure Development
- Growing Investments in Construction of Roads and Highways Augurs Well for ETC Systems Market
- Recent Market Activity
- Road User Charging/Tolling Emerges as a Dual Edged Sword for Revenue Generation & Congestion Management
- ETC Emerges as a Key Enabling Technology for Tolling
- Need to Avoid Lengthy Waiting Lines & Environmental Pollution at Toll Plazas to Drive Demand for ETC Systems
- Global Market Outlook
- Asia-Pacific and Other Developing Countries to Drive Future Market Growth
- Impact of Covid-19 and a Looming Global Recession
- Abertis (Spain)
- Sanef (France)
- Atlantia S.p.A (Italy)
- Conduent, Inc. (USA)
- Cubic Corporation (USA)
- DENSO CORPORATION (Japan)
- EFKON AG (Austria)
- Far Eastern Electronic Toll Collection Co., Ltd. (FETC) (Taiwan)
- G.E.A. (France)
- GeoToll (USA)
- International Road Dynamics, Inc. (Canada)
- Kapsch TrafficCom AG (Austria)
- Neology, Inc. (USA)
- Perceptics LLC (USA)
- Q-Free ASA (Norway)
- Raytheon Company (USA)
- Siemens AG (Germany)
- Star Systems International Limited (Hong Kong)
- Thales Group (France)
- The Revenue Markets, Inc. (TRMI) (USA)
- Toll Collect GmbH (Germany)
- TransCore Holdings, Inc. (USA)
- NoTable Trends, Growth Drivers & Issues
- Lessening the Challenge of Interoperability Stands Out as a Key Driver of Growth
- ETC Systems, as a Vital Cog in the ITS Wheel, to Benefit from the Growing Investments in ITS
- Payment Innovations Heighten the Attractiveness of ETC Deployments
- ETC Systems Assist in Effective Traffic Management
- RFID: One of the Most Popular ETC Technologies
- DSRC (Dedicated Short Range Communications), as a Superior Technology to RFID, Gains in Prominence
- As Satellite Technologies Emerge to the Forefront, New Generation, Multi-Constellation GNSS Hogs the Technology Limelight
- Video Tolling (ANPR): A Mature Technology
- Smart Cards in Demand for ETC Systems
- Innovation & Market Differentiation - Key Determinants for Success of ETC Projects
- Major Challenges to Growth: A Synopsized Review
- Table 1: World Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Electronic Toll Collection (ETC) Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- UNITED STATES
- Table 3: USA Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- CANADA
- Table 4: Canada Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- JAPAN
- Table 5: Japan Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- CHINA
- Table 6: China Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- EUROPE
- Table 7: Europe Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 8: Europe 7-Year Perspective for Electronic Toll Collection (ETC) Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- FRANCE
- Table 9: France Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- GERMANY
- Table 10: Germany Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- ITALY
- Table 11: Italy Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- UNITED KINGDOM
- Table 12: UK Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- REST OF EUROPE
- Table 13: Rest of Europe Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- ASIA-PACIFIC
- Table 14: Asia-Pacific Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- REST OF WORLD
- Table 15: Rest of World Current & Future Analysis for Electronic Toll Collection (ETC) Systems by Segment - Electronic Toll Collection (ETC) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Total Companies Profiled: 62
Note: Product cover images may vary from those shown
- Abertis
- Atlantia S.p.A
- Conduent Inc.
- Cubic Corporation
- DENSO CORPORATION
- Far Eastern Electronic Toll Collection Co. Ltd. (FETC)
- GeoToll
- International Road Dynamics Inc.
- Kapsch TrafficCom AG
- Perceptics LLC
- Q-Free ASA
- Raytheon Company
- Sanef
- Siemens AG
- Star Systems International Limited
- Thales Group
- The Revenue Markets Inc. (TRMI)
- Toll Collect GmbH
- TransCore
Note: Product cover images may vary from those shown
