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The US Tolling Market: Size, Trends and Forecasts (2019-2023)

The US Tolling Market: Size, Trends and Forecasts (2019-2023)

Scope of the Report

The report entitled “The US Tolling Market: Size, Trends and Forecasts (2019-2023)”, provides an in depth analysis of the US tolling market by value, by toll road mileage, by vehicle share, etc.

Moreover, The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US tolling market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Verra Mobility Corporation, KAPSCH (KAPSCH TrafficCom), Roper Technologies, Inc. (TransCore), Abertis (Emovis) and Sociedad Ibérica de Construcciones Eléctricas (Sice Inc.) are some of the key players operating in the US tolling market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Company Coverage

Verra Mobility Corporation
KAPSCH (KAPSCH TrafficCom)
Roper Technologies, Inc. (TransCore)
Abertis (Emovis)
Sociedad Ibérica de Construcciones Eléctricas (Sice Inc.)  

Executive Summary

Tolling is normally defined as a mode of expenditure or charge which is extracted by the state, the local authorities, etc., for some right or privilege, as for track along a road or over a bridge. Thus in layman terms, tolling is the process of collecting money from each and every passenger passing the toll roads. A toll road is a chargeable public/private road, along with bridges and tunnels. Different amount is charged for different passing vehicle such as generally motorbikes are charged with least amount while trucks and busses are charged with maximum amount. At present, toll road are mostly controlled-access highway.

There are usually two tolling elements: charging methods and collecting methods. Charging methods includes three types: Time Based Charges and Access Fees, Motorway and other Infrastructure Tolling and Distance or Area Charging. Whereas, collection method is classified into three categories namely, open toll system, closed toll system and open road/electronic toll system.

Electronic toll collection system is the most used format by the US toll roads. In this, the electronic toll system first conclude whether the passing vehicle is registered or not, then automatically charge the passing vehicles via a transponder attached in the vehicle. The signals emitted from transponder is collected by the antenna and then the vehicle information is passed to the main server. The main resolution of ETC method is that it facilitate the vehicles to pass through a toll road facility, avoiding certain actions such as stopping by the driver.

Electronic toll collection system is composed of three major components. First RFID (RFID tag, or transponder, consists of a chip and an antenna), second is reader and third is in-lane computer. RFID tag emits the information/identification data through antenna to the reader. Reader transmits the data to central database and facilitate with full information of the owner. Lastly, in-lane computer generates the appropriate toll charge of the vehicle and slip the information in the customers prepaid account.

The US tolling market has increased at a significant CAGR during the years 2014-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The US tolling market market is expected to increase due many growth drivers such as Escalating Rental Car Industry, Approaching New Projects, Truck Only Tolls, Modification in Electronic Toll Collection System, etc. Yet the market faces some challenges such as Economic Risk For The Tolling Business, Struggle to increase interoperability, etc.


1. Executive Summary
2. Introduction
2.1 Tolling Industry: An Overview
2.1.1 Tolling Meaning
2.1.2 Tolling History
2.1.3 Elements of Tolling
Table 1: Elements of Tolling
2.1.4 Tolling Element: Charging Methods
2.1.5 Tolling Element: Collection Methods
2.2 Electronic Toll Collection System: An Overview
2.2.1 Electronic Toll Collection
2.2.2 Electronic Toll Collection: Application Techniques and Principles
Table 2: Electronic Toll Collection: Application Techniques and Principles
2.2.3 Components of Electronic Toll System
Table 3: Components of Electronic Toll System
2.2.4 Schematic of Electronic Toll Collection System
Table 4: Schematic of Electronic Toll Collection System
3. Market Sizing
3.1 The US Toll Market: An Analysis
3.1.1 The US Tolling Market by Value
Table 5: The US Tolling Market by Value; 2014-2018 (US$ Billion)
Table 6: The US Tolling Market by Value; 2019-2023 (US$ Billion)
3.1.2 The US Toll Road by Mileage
Table 7: The US Toll Road by Mileage; 2009-2017 (Miles)
3.1.3 The US Toll Road by Growth in Mileage
Table 8: The US Toll Road by Growth in Mileage; 2014-2030 (Miles)
3.1.4 The US Toll Market by Potential Increase in Toll Road Miles
Table 9: The US Toll Market by Potential Increase in Toll Road Miles; 2014-2030
3.1.5 The US Toll Market by Potential Interstate Route Toll Conversions
Table 10: Potential Interstate Route Toll Conversions
3.1.6 The US Toll Market by Number of Vehicles
Table 11: The US Toll Market by Number of Vehicles; 2014-2030 (Million)
3.1.7 The US Toll Road Market by Fleet Share
Table 12: The US Toll Road Market by Fleet Share; 2014-2030 (Percentage, %)
3.1.8 The US Toll Road Traffic & Revenue by Y-O-Y Growth
Table 13: The US Toll Road Traffic & Revenue by Y-O-Y Growth; 2012-2017 (Percentage, %)
3.1.9 The US Toll Market by Electronic Toll System Account Penetration
Table 14: The US Toll Market by Electronic Toll System Account Penetration; 2018 (Percentage,%)
4. Market Dynamics
4.1 Growth Drivrs
4.1.1 Escalating Rental Car Industry
Table 15: The US Rental Car Industry; 2017-2018 (US$ Billion)
4.1.2 Approaching New Projects
Table 16: Number of Highways Proposals
Table 17: New Bridge Construction Proposals
4.1.3 Truck Only Tolls
Table 18: New Provisions for Truck Tolling
4.1.4 Hike in Gasoline Prices
Table 19: The US Gasoline Price; 2016-2019 (US$ per Liter)
4.1.5 Modification in Electronic Toll Collection System
Table 20: Types Of Toll Collection Approaches; 2017 (Percentage, %)
4.1.6 Value-Added Tolling
4.2 Challenges
4.2.1 Economic Risk For The Tolling Business
4.2.2 Struggle to Increase Interoperability
4.2.3 Seasonality
4.3 Market Trends
4.3.1 Upcoming Tolling Technologies
Table 21: New Electronic Toll Collection Technologies
4.3.2 New Opportunity For P3 Concessions
4.3.3 Next Generation Transponders
5. Competitive Landscape
5.1 The US Toll Market: Player Analysis
5.1.1 The US Toll Market Share of RACs by Players
Table 22: The US Toll Market Share of RACs by Players; 2018 (Percentage, %)
6. Company Profiling
6.1 Verra Mobility Corporation
6.1.1 Business Overview
6.1.2 Financial Overview
Table 23: Verra Mobility Corporation Revenue; 2015-2018 (US$ Million)
Table 24: Verra Mobility Corporation Revenue by Segment; 2018 (Percentage, %)
6.1.3 Business Strategy
6.2 KAPSCH (KAPSCH TrafficCom)
6.2.1 Business Overview
6.2.2 Financial Overview
Table 25: KAPSCH Revenue; 2015/2016-2017/2018 (US$ Million)
Table 26: KAPSCH Revenue by Segment; 2017/2018 (Percentage, %)
Table 27: KAPSCH Revenue by Region; 2017/2018 (Percentage, %)
6.2.3 Business Strategy
6.3 Roper Technologies, Inc. (TransCore)
6.3.1 Business Overview
6.3.2 Financial Overview
Table 28: Roper Technologies Revenue; 2015-2018 (US$ Billion)
Table 29: Roper Technologies Revenue by Segment; 2018 (Percentage, %)
Table 30: Roper Technologies Revenue by Region; 2018 (Percentage, %)
6.3.3 Business Strategy
6.4 Abertis (Emovis)
6.4.1 Business Overview
6.4.2 Financial Overview
Table 31: Abertis Revenue; 2015-2018 (US$ Billion)
Table 32: Abertis Revenue by Region; 2018 (Percentage, % )
6.4.3 Business Strategy
6.5 Sociedad Ibérica de Construcciones Eléctricas (Sice Inc.)
6.5.1 Business Overview
6.5.2 Business Strategy

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