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ETC (Electronic Toll Collection)Size, Share, and Outlook, H2-2025 Report-By Type (Electronic Toll Collection (ETC), All Electronic Tolling (AET), Automatic Number Plate Recognition (ANPR), Others), By Application (Highways, Urban, Others), By Component (C

Publisher VPA Research
Published Sep 01, 2025
Length 172 Pages
SKU # VPA20332714

Description

ETC (Electronic Toll Collection) Market Outlook
The ETC (Electronic Toll Collection) Market size is expected to register a robust growth rate during the forecast period from 2025 to 2032. The ETC (Electronic Toll Collection) market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on ETC (Electronic Toll Collection) segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Electronic Toll Collection (ETC), All Electronic Tolling (AET), Automatic Number Plate Recognition (ANPR), Others), By Application (Highways, Urban, Others), By Component (Cameras, Communication Systems, Transponders, Antennae, Treadles, Scanning Devices, Inductive Loops, Weigh-In-Motion Devices, Film Storage Devices, Others), By Technology (Radio Frequency Identification (RFID), Dedicated Short Range Communications (DSRC), Global Positioning System (GPS), Others). Over 70 tables and charts showcase findings from our latest survey report on ETC (Electronic Toll Collection) markets.

ETC (Electronic Toll Collection) Market Insights, 2025
In 2025, the Electronic Toll Collection (ETC) Market is a core component of smart transportation infrastructure, enabling high-throughput, cashless tolling across highways, urban bridges, and high-occupancy vehicle (HOV) lanes. ETC systems use RFID, DSRC (Dedicated Short-Range Communications), ANPR (Automatic Number Plate Recognition), and cloud analytics to eliminate traffic congestion at toll booths and streamline revenue collection. Governments are investing heavily in nationwide ETC expansion to support dynamic pricing, reduce emissions, and monitor vehicle usage in real time. Interoperability across regional toll networks is improving via centralized platforms and cross-border partnerships. The rise of electric and autonomous vehicles is driving demand for toll systems that integrate seamlessly with in-vehicle navigation and fleet management software. Additionally, ETC data is increasingly used for urban planning and predictive traffic modeling, making it not just a payment solution but a data intelligence platform for smart cities..

Five Trends that will define global ETC (Electronic Toll Collection) market in 2025 and Beyond
A closer look at the multi-million market for ETC (Electronic Toll Collection) identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading ETC (Electronic Toll Collection) companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of ETC (Electronic Toll Collection) vendors.

What are the biggest opportunities for growth in the ETC (Electronic Toll Collection) industry?
The ETC (Electronic Toll Collection) sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

ETC (Electronic Toll Collection) Market Segment Insights
The ETC (Electronic Toll Collection) industry presents strong offers across categories. The analytical report offers forecasts of ETC (Electronic Toll Collection) industry performance across segments and countries. Key segments in the industry include- By Type (Electronic Toll Collection (ETC), All Electronic Tolling (AET), Automatic Number Plate Recognition (ANPR), Others), By Application (Highways, Urban, Others), By Component (Cameras, Communication Systems, Transponders, Antennae, Treadles, Scanning Devices, Inductive Loops, Weigh-In-Motion Devices, Film Storage Devices, Others), By Technology (Radio Frequency Identification (RFID), Dedicated Short Range Communications (DSRC), Global Positioning System (GPS), Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, ETC (Electronic Toll Collection) market size outlook is provided for 22 countries across these regions.

Market Value Chain
The chapter identifies potential companies and their operations across the global ETC (Electronic Toll Collection) industry ecosystem. It assists decision-makers in evaluating global ETC (Electronic Toll Collection) market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts
Strategic decision-making in the ETC (Electronic Toll Collection) industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific ETC (Electronic Toll Collection) Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe ETC (Electronic Toll Collection) Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for ETC (Electronic Toll Collection) with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key ETC (Electronic Toll Collection) market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US ETC (Electronic Toll Collection) market Insights- Vendors are exploring new opportunities within the US ETC (Electronic Toll Collection) industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US ETC (Electronic Toll Collection) companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American ETC (Electronic Toll Collection) market.

Latin American ETC (Electronic Toll Collection) market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa ETC (Electronic Toll Collection) Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African ETC (Electronic Toll Collection) markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern ETC (Electronic Toll Collection) markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How ETC (Electronic Toll Collection) companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Honeywell International Inc, Perceptics, Raytheon, Siemens, Thales, Toll Collect GmbH, Transcore, Transurban, Trmi Systems Integration, Xerox.

ETC (Electronic Toll Collection) Market Segmentation
By Type
Electronic Toll Collection (ETC)
All Electronic Tolling (AET)
Automatic Number Plate Recognition (ANPR)
Others
By Application
Highways
Urban
Others
By Component
Cameras
Communication Systems
Transponders
Antennae
Treadles
Scanning Devices
Inductive Loops
Weigh-In-Motion Devices
Film Storage Devices
Others
By Technology
Radio Frequency Identification (RFID)
Dedicated Short Range Communications (DSRC)
Global Positioning System (GPS)
Others

Leading Companies
Honeywell International Inc
Perceptics
Raytheon
Siemens
Thales
Toll Collect GmbH
Transcore
Transurban
Trmi Systems Integration
Xerox

Reasons to Buy the report
  • Make informed decisions through long and short-term forecasts across 22 countries and segments.
  • Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
  • Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
  • Get an integrated understanding of the entire market ecosystem and companies.
  • Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
  • Get free Excel spreadsheet and PPT versions along with the report PDF.
  • Table of Contents

    172 Pages
    1. Table of Contents
    List of Figures and Tables
    2. Executive Summary
    2.1 Key Highlights
    2.1.1 ETC (Electronic Toll Collection) Market Size Outlook, 2018-2024 and 2025-2032
    2.1.2 Largest ETC (Electronic Toll Collection) Market Types and Applications
    2.1.3 Fastest Growing Segments
    2.1.4 Potential Markets
    2.1.5 Market Concentration
    2.2 Market Scope and Segmentation
    2.2.1 Market Scope- Segments
    2.2.2 Market Scope- Countries
    2.2.3 Macroeconomic and Demographic Outlook
    2.2.4 Abbreviations
    2.2.5 Units and Currency Conversions
    3. Research Methodology
    3.1 Primary Research Surveys
    3.2 Secondary Data Sources
    3.3 Data Triangulation
    3.4 Forecast Methodology
    3.5 Assumptions and Limitations
    4. Introduction to Global ETC (Electronic Toll Collection) Market in 2025
    4.1 Industry Panorama
    4.2 Leading Companies Profiled in the Study
    4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
    4.4 Market Dynamics
    4.4.1 Market Dynamics- Trends and Drivers
    4.4.2 Market Dynamics- Opportunities and Challenges
    4.5 Regional Analysis
    4.6 Porter’s Five Force Analysis
    4.6.1 Intensity of Competitive Rivalry
    4.6.2 Threat of New Entrants
    4.6.3 Threat of Substitutes
    4.6.4 Bargaining Power of Buyers
    4.6.5 Bargaining Power of Suppliers
    4.7 ETC (Electronic Toll Collection) Industry Value Chain Analysis
    4.7.1 Stage of Value Chain
    4.7.2 Key Activities of Companies
    4.7.3 Companies Included in Each Stage
    4.7.4 Key Insights
    5. ETC (Electronic Toll Collection) Market Outlook to 2032
    5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
    5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
    5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
    By Type
    Electronic Toll Collection (ETC)
    All Electronic Tolling (AET)
    Automatic Number Plate Recognition (ANPR)
    Others
    By Application
    Highways
    Urban
    Others
    By Component
    Cameras
    Communication Systems
    Transponders
    Antennae
    Treadles
    Scanning Devices
    Inductive Loops
    Weigh-In-Motion Devices
    Film Storage Devices
    Others
    By Technology
    Radio Frequency Identification (RFID)
    Dedicated Short Range Communications (DSRC)
    Global Positioning System (GPS)
    Others
    6. Global ETC (Electronic Toll Collection) Market Outlook across Growth Scenarios
    6.1 Low Growth Scenario
    6.2 Base/Reference Case
    6.3 High Growth Scenario
    6. North America ETC (Electronic Toll Collection) Market Size Outlook
    6.1 Key Market Statistics, 2024
    6.2 North America ETC (Electronic Toll Collection) Market Trends and Growth Opportunities
    6.2.1 North America ETC (Electronic Toll Collection) Market Outlook by Type
    6.2.2 North America ETC (Electronic Toll Collection) Market Outlook by Application
    6.3 North America ETC (Electronic Toll Collection) Market Outlook by Country
    6.3.1 The US ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    6.3.2 Canada ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    6.3.3 Mexico ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7. Europe ETC (Electronic Toll Collection) Market Size Outlook
    7.1 Key Market Statistics, 2024
    7.2 Europe ETC (Electronic Toll Collection) Market Trends and Growth Opportunities
    7.2.1 Europe ETC (Electronic Toll Collection) Market Outlook by Type
    7.2.2 Europe ETC (Electronic Toll Collection) Market Outlook by Application
    7.3 Europe ETC (Electronic Toll Collection) Market Outlook by Country
    7.3.2 Germany ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.3 France ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.4 The UK ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.5 Spain ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.6 Italy ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.7 Russia ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    7.3.8 Rest of Europe ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8. Asia Pacific ETC (Electronic Toll Collection) Market Size Outlook
    8.1 Key Market Statistics, 2024
    8.2 Asia Pacific ETC (Electronic Toll Collection) Market Trends and Growth Opportunities
    8.2.1 Asia Pacific ETC (Electronic Toll Collection) Market Outlook by Type
    8.2.2 Asia Pacific ETC (Electronic Toll Collection) Market Outlook by Application
    8.3 Asia Pacific ETC (Electronic Toll Collection) Market Outlook by Country
    8.3.1 China ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.2 India ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.3 Japan ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.4 South Korea ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.5 Australia ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.6 South East Asia ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    8.3.7 Rest of Asia Pacific ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    9. South America ETC (Electronic Toll Collection) Market Size Outlook
    9.1 Key Market Statistics, 2024
    9.2 South America ETC (Electronic Toll Collection) Market Trends and Growth Opportunities
    9.2.1 South America ETC (Electronic Toll Collection) Market Outlook by Type
    9.2.2 South America ETC (Electronic Toll Collection) Market Outlook by Application
    9.3 South America ETC (Electronic Toll Collection) Market Outlook by Country
    9.3.1 Brazil ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    9.3.2 Argentina ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    9.3.3 Rest of South and Central America ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10. Middle East and Africa ETC (Electronic Toll Collection) Market Size Outlook
    10.1 Key Market Statistics, 2024
    10.2 Middle East and Africa ETC (Electronic Toll Collection) Market Trends and Growth Opportunities
    10.2.1 Middle East and Africa ETC (Electronic Toll Collection) Market Outlook by Type
    10.2.2 Middle East and Africa ETC (Electronic Toll Collection) Market Outlook by Application
    10.3 Middle East and Africa ETC (Electronic Toll Collection) Market Outlook by Country
    10.3.1 Saudi Arabia ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10.3.2 The UAE ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10.3.3 Rest of Middle East ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10.3.4 South Africa ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10.3.5 Egypt ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    10.3.6 Rest of Africa ETC (Electronic Toll Collection) Market Outlook, 2021- 2032
    11. Company Profiles
    11.1 Leading 10 Companies
    Honeywell International Inc
    Perceptics
    Raytheon
    Siemens
    Thales
    Toll Collect GmbH
    Transcore
    Transurban
    Trmi Systems Integration
    Xerox
    11.2 Overview
    11.3 Products and Services
    11.4 SWOT Profile
    12. Appendix
    12.1 Subscription Options
    12.2 Customization Options
    12.3 Publisher Details
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