Electronic Toll Collection Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global electronic toll collection market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global electronic toll collection market to grow with a CAGR of 9.3% over the forecast period of 2018-2024. The study on electronic toll collection market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

The report on electronic toll collection market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global electronic toll collection market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global electronic toll collection market over the period of 2016 to 2024. Further, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Research Methodology

Primary Research

Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents.

The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through:

1. Key Opinion Leaders associated
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Primary research respondents typically include:

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include:

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Report Findings

1. Drivers

• Offered the Best Solution for the Traffic Congestion and Educed Commute Times


• Rising Percentage of Vehicular Accidents


• High Adoption of Anti-Collision Sensors in the Various Transport System

2. Restraints

• Low Adoption of the Anti-Collision Sensors in the Emerging Market

3. Opportunities

• Growing Unmanned aerial vehicles (UAVs) applications in various sectors


• Ongoing Research and Development Activities in the Technology of the Sensors

Segment Covered

The global electronic toll collection market is segmented on the basis of type, product, technology, and applications.

Global Electronic Toll Collection Market by Type

• All-Electronic Tolling/Open Road Tolling (AET/ORT)


• Electronic Toll Collection (ETC)

Global Electronic Toll Collection Market by Product

• Automated Vehicle Identification (AVI)


• Automated Vehicle Classification (AVC)


• Violation Enforcement System (VES)

Global Electronic Toll Collection Market by Technology

• Radio-Frequency Identification (RFID) Based


• Dedicated Short-Range Communication (DSRC) Based


• Video Analytics-Based


• Global Positioning System Based

Global Electronic Toll Collection Market by Applications

• Highway


• Urban

Company Profiles

• 3M


• Cubic Transportation Systems, Inc


• Siemens AG


• Thales Group


• Conduent Business Services, LLC


• Kapsch Trafficcom AG


• Efkon AG


• Q-Free


• Transurban Limited


• Raytheon Company

What does this report deliver?

1. Comprehensive analysis of global as well as regional markets of electronic toll collection market.

2. Complete coverage of all the segments in electronic toll collection market to analyze the trends, developments in the global market and forecast of market size up to 2024.

3. Comprehensive analysis of the companies operating in global electronic toll collection market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.