The global Electronic Toll Collection (ETC) Systems market size is predicted to grow from US$ 5256 million in 2025 to US$ 6583 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.
Electronic Toll Collection (ETC) Systems is an automated toll collection system based on electronic technology. It aims to collect tolls without stopping vehicles through wireless communication and sensor technology. The system is widely used in highways, bridges, tunnels and urban congestion charging areas, and is a core component of the Intelligent Transportation System (ITS).
As a new type of road toll collection method, the electronic toll collection system (ETC) has been widely used around the world, especially in China. The promotion and application of ETC has become one of the important means to improve traffic efficiency, ease traffic congestion and reduce environmental pollution. With the continuous advancement of science and technology and the popularization of the concept of intelligent transportation system (ITS), the market development of the ETC system has been continuously innovated and deepened. This article will analyze the current situation, development trends, technological innovations and challenges of the ETC market.
The electronic toll collection system (ETC) is an intelligent system that realizes automatic toll collection in transportation systems such as highways and urban roads through wireless communication technology and vehicle identification technology. Since the 1990s, ETC has gradually gone global, especially in Europe, the United States and the Asia-Pacific region, and has formed a relatively complete market system. In China, with the rapid development of transportation construction and the active support of government policies, ETC has made significant progress in the past few years.
With the continuous advancement of technology, the ETC system is also constantly upgrading and optimizing. At present, the ETC system has developed into a comprehensive system including multiple key links such as on-board equipment (OBU), toll station equipment, information transmission system, and background management platform. In terms of hardware, ETC's on-board equipment is gradually developing towards integration, intelligence and multi-functionality. It not only supports highway toll collection, but can also be connected to the urban traffic management system to achieve more traffic management functions.
In terms of software technology, the application of cloud computing, big data and artificial intelligence technology has significantly improved the data processing capacity of the ETC system, which can not only monitor road traffic conditions in real time, but also conduct accurate data analysis, optimize traffic flow management and decision support.
LPI (LP Information)' newest research report, the “Electronic Toll Collection (ETC) Systems Industry Forecast” looks at past sales and reviews total world Electronic Toll Collection (ETC) Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Toll Collection (ETC) Systems sales for 2025 through 2031. With Electronic Toll Collection (ETC) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Toll Collection (ETC) Systems industry.
This Insight Report provides a comprehensive analysis of the global Electronic Toll Collection (ETC) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electronic Toll Collection (ETC) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Toll Collection (ETC) Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Toll Collection (ETC) Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Toll Collection (ETC) Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Toll Collection (ETC) Systems market by product type, application, key players and key regions and countries.
Segmentation by Type:
Vehicle Automatic Understanding System
Short Range Communication
Global Position Finding Satellite System
Segmentation by Application:
Highway
Urban
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kapsch Trafficom AG
Jiangsu Tongxingbao Intelligent Transportation Technology
Shenzhen Genvict Technologies
Q-Free
Cubic Transportation Systems, Inc.
Transcore
TRMI
Metro Infrasys
Transpeed
Beijing Juli Science&Technology
Vanjee Technology
Shenzhen University of Technology Xinlian Technology
Chenggu Technology
Chongqing Tongyu Technology
Jietong Technology
Beijing Sutong Technology
Please note: The report will take approximately 2 business days to prepare and deliver.
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