Electronic Toll Collection (ETC) Systems

Electronic Toll Collection (ETC) Systems

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.We bring years of research experience to this 19th edition of our report. The 110-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • 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


Please note: Reports are sold as single-site single-user licenses. The delivery time for hard copies is between 3-5 business days, as each hard copy is custom printed for the organization ordering it. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.


I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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
Global Competitor Market Shares
Electronic Toll Collection (ETC) Systems Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
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: Electronic Toll Collection (ETC) Systems Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Electronic Toll Collection (ETC) Systems Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
Market Analytics
TABLE 3: United States Electronic Toll Collection (ETC) Systems Market Estimates and Projections in US$ Million: 2020 to 2027
CANADA
TABLE 4: Canadian Electronic Toll Collection (ETC) Systems Market Estimates and Forecasts in US$ Million: 2020 to 2027
JAPAN
TABLE 5: Japanese Market for Electronic Toll Collection (ETC) Systems: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
CHINA
TABLE 6: Chinese Electronic Toll Collection (ETC) Systems Market Growth Prospects in US$ Million for the Period 2020-2027
EUROPE
Market Facts & Figures
Market Analytics
TABLE 7: European Electronic Toll Collection (ETC) Systems Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 8: European Electronic Toll Collection (ETC) Systems Market Share Shift by Region/Country: 2020 VS 2027
FRANCE
TABLE 9: Electronic Toll Collection (ETC) Systems Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
GERMANY
TABLE 10: Electronic Toll Collection (ETC) Systems Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
ITALY
TABLE 11: Italian Electronic Toll Collection (ETC) Systems Market Growth Prospects in US$ Million for the Period 2020-2027
UNITED KINGDOM
TABLE 12: United Kingdom Market for Electronic Toll Collection (ETC) Systems: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
REST OF EUROPE
TABLE 13: Rest of Europe Electronic Toll Collection (ETC) Systems Market Estimates and Forecasts in US$ Million: 2020-2027
ASIA-PACIFIC
TABLE 14: Electronic Toll Collection (ETC) Systems Market in Asia-Pacific: Estimates and Projections in US$ Million for the Period 2020-2027
REST OF WORLD
TABLE 15: Rest of World Electronic Toll Collection (ETC) Systems Market Estimates and Forecasts in US$ Million: 2020 to 2027
IV. COMPETITION
Total Companies Profiled: 62

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook