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Electronic Toll Collection (ETC) Systems - Global Market Trajectory & Analytics

  • ID: 1946769
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Abertis
  • Conduent Inc.
  • DENSO CORPORATION
  • Kapsch TrafficCom AG
  • Q-Free ASA
  • Sanef
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):
  • 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
Frequently Asked Questions about the Global Market for Electronic Toll Collection (ETC) Systems

What is the estimated value of the Global Market for Electronic Toll Collection (ETC) Systems?

The Global Market for Electronic Toll Collection (ETC) Systems was estimated to be valued at $6.8 Billion in 2020.

What is the growth rate of the Global Market for Electronic Toll Collection (ETC) Systems?

The growth rate of the Global Market for Electronic Toll Collection (ETC) Systems is 9.0%, with an estimated value of $12.4 Billion by 2027.

What is the forecasted size of the Global Market for Electronic Toll Collection (ETC) Systems?

The Global Market for Electronic Toll Collection (ETC) Systems is estimated to be worth $12.4 Billion by 2027.

Who are the key companies in the Global Market for Electronic Toll Collection (ETC) Systems?

Key companies in the Global Market for Electronic Toll Collection (ETC) Systems include Abertis, Atlantia S.p.A, Conduent Inc., Cubic Corporation, DENSO CORPORATION, Far Eastern Electronic Toll Collection Co. Ltd. (FETC), GeoToll, International Road Dynamics Inc. and Perceptics LLC.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abertis
  • Conduent Inc.
  • DENSO CORPORATION
  • Kapsch TrafficCom AG
  • Q-Free ASA
  • Sanef

I. METHODOLOGYII. 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

2. FOCUS ON SELECT PLAYERS
  • 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)

3. MARKET TRENDS & DRIVERS
  • 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

4. GLOBAL MARKET PERSPECTIVE
  • 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

III. MARKET ANALYSIS
  • 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

IV. COMPETITION
  • Total Companies Profiled: 62
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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