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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
  • 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):
  • 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
  • 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
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