+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Electronic Toll Collection Market

  • ID: 5388229
  • Report
  • March 2021
  • Region: Global
  • 240 pages
  • Qualiket Research

FEATURED COMPANIES

  • Efkon GmbH
  • Kapsch Trafficcom AG
  • Neology
  • Raytheon Company
  • Siemens AG
  • Thales Group
  • MORE
Global Electric Toll Collection Market was valued at USD 5.57 billion in 2019 which is expected reach USD 15.7 billion by 2027 at a CAGR 8.3%.

Electronic toll collection is also referred as ETC. It is type of high end technology which helps to improve traffic flow and saves time of driver. ETC uses latest technological solutions like GPS, GNSS, and DSRC toll collection and tracking solutions. This system helps to reduce delay on toll tunnels high accuracy vehicle lane, and toll roads in order to improve efficiency of toll collection system.

Market Drivers

Increase in demand for safety and efficacy of transportation infrastructure is the key driving factor which is expected to boost the global electronic toll collection market growth. Furthermore, increase in technological advancements in this industry like GNSS and GPS technology adopted by Japan in their systems, have enforced government across the world to make heavy investments on toll lanes will have the positive impact on market growth. Moreover, increase in government support in framing new regulations and standards regarding the implementation of these systems which is expected to propel the market growth.

Market Restraints

However, issues related to interoperability, common standards, and selection of toll technology is the major challenging factor which is expected to hinder the global electronic toll collection market growth. Also, high initial cost with significant operating and maintenance costs will obstruct the market growth.

Market Segmentation

Global Electronic Toll Collection Market is segmented into type such as Transporter or Tag Based Toll Collection Systems, and Others, by technology such as Radio- Frequency Identification (RFID), Dedicated Short Range Communication (DSRC), and Others. Further, market is segmented into application such as Highways, and Urban Areas.

Also, Global Electronic Toll Collection Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Siemens AG, Raytheon Company, Thales Group, Transcore, Kapsch Trafficcom AG, Efkon GmbH, Neology, Cubic Transportation Systems, Inc., and Vinci

Market Taxonomy

By Type
  • Transporter or Tag Based Toll Collection Systems
  • Others
By Technology
  • Radio- Frequency Identification (RFID)
  • Dedicated Short Range Communication (DSRC)
  • Others
By Application
  • Highways
  • Urban Areas
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Electronic Toll Collection Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?
Electronic Toll Collection Market , Electronic Toll Collection Industry,Electronic Toll Collection Market Size,Electronic Toll Collection Market Share,Electronic Toll Collection Market Trend,Electronic Toll Collection Market Growth
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Efkon GmbH
  • Kapsch Trafficcom AG
  • Neology
  • Raytheon Company
  • Siemens AG
  • Thales Group
  • MORE
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 Global Electronic Toll Collection Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global Electronic Toll Collection Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Electronic Toll Collection Market Share Analysis, By Type
5.3 Global Electronic Toll Collection Market Size and Forecast, By Type
5.3.1 Transporter or Tag Based Toll Collection System
5.3.2 Others

6 Global Electronic Toll Collection Market , By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Electronic Toll Collection Market Share Analysis, By Technology
6.3 Global Electronic Toll Collection Market Size and Forecast, By Technology
6.3.1 Radio Frequency Identification (RFID)
6.3.2 Dedicated Short Range Communication (DSRC)
6.3.3 Others

7 Global Electronic Toll Collection Market, Application
7.1 Y-o-Y Growth Comparison, Application
7.2 Global Electronic Toll Collection Market Share Analysis, Application
7.3 Global Electronic Toll Collection Market Size and Forecast, Application
7.3.1 Highway
7.3.2 Urban Areas

8 Global Electronic Toll Collection Market, By Region
8.1 Global Electronic Toll Collection Market Share Analysis, By Region
8.2 Global Electronic Toll Collection Market Share Analysis, By Region
8.3 Global Electronic Toll Collection Market Size and Forecast, By Region

9 North America Electronic Toll Collection Market Analysis and Forecast (2017 – 2027)
9.1 Introduction
9.2 North America Electronic Toll Collection Market Share Analysis, By Type
9.3 North America Electronic Toll Collection Market Size and Forecast, By Technology
9.4 North America Electronic Toll Collection Market Size and Forecast, Application
9.5 North America Electronic Toll Collection Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico

10 EuropeElectronic Toll Collection Market Analysis and Forecast (2017 – 2027)
10.1 Introduction
10.2 Europe Electronic Toll Collection Market Share Analysis, By Type
10.3 Europe Electronic Toll Collection Market Size and Forecast, By Technology
10.4 Europe Electronic Toll Collection Market Size and Forecast, Application
10.5 Europe Electronic Toll Collection Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe

11 Asia Pacific Electronic Toll Collection Market Analysis and Forecast (2017 – 2027)
11.1 Introduction
11.2 Asia Pacific Electronic Toll Collection Market Share Analysis, By Type
11.3 Asia Pacific Electronic Toll Collection Market Size and Forecast, By Technology
11.4 Asia Pacific Electronic Toll Collection Market Size and Forecast, Application
11.5 Asia Pacific Electronic Toll Collection Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific

12 Latin America Electronic Toll Collection Market Analysis and Forecast (2017 – 2027)
12.1 Introduction
12.2 Latin America Electronic Toll Collection Market Share Analysis, By Type
12.3 Latin America Electronic Toll Collection Market Size and Forecast, By Technology
12.4 Latin America Electronic Toll Collection Market Size and Forecast, Application
12.5 Latin America Electronic Toll Collection Market Size and Forecast, Country

13 Middle East Electronic Toll Collection Market Analysis and Forecast (2017 – 2027)
13.1 Introduction
13.2 Middle East Electronic Toll Collection Market Share Analysis, By Type
13.3 Middle East Electronic Toll Collection Market Size and Forecast, By Technology
13.4 Middle East Electronic Toll Collection Market Size and Forecast, Application
13.5 Middle East Electronic Toll Collection Market Size and Forecast, By Country

14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies

15 Company Profiles
15.1 Siemens AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Raytheon Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Thales Group
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Transcore
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Kapsch Trafficcom AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Efkon GmbH
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Neology
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Cubic Transportation Systems, Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Vinci
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Siemens AG
  • Raytheon Company
  • Thales Group
  • Transcore
  • Kapsch Trafficcom AG
  • Efkon GmbH
  • Neology
  • Cubic Transportation Systems Inc.
  • Vinci
Note: Product cover images may vary from those shown
Adroll
adroll