A toll road, is a private or public roadway for which a fee is charged to pass. Frequently, these toll booths cause traffic delays during rush hours due to toll collection process. This factor has given birth to electronic toll collection system, which swiftly eliminates manual operations by toll payers and receivers. Electronic toll collection uses sophisticated cameras and sensors to capture an image of vehicle’s registration plate and assigns the correct toll. The global electronic toll collection market is expected to steer towards a strong double-digit growth rate in the coming years.
Highlights
The global Electronic Toll Collerction (ECT) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
It has been estimated that back office and integration, and violation enforcement system (VES) would hold a large share of the electronic toll collection market during the forecast period. However, the electronic toll collection market for automatic vehicle identification (AVI) is expected to grow at the highest rate between 2018 and 2025.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electronic Toll Collerction (ECT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Toll Collerction (ECT).
The Electronic Toll Collerction (ECT) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electronic Toll Collerction (ECT) market comprehensively. Regional market sizes, concerning products by technology, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Toll Collerction (ECT) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by technology, by application, and by regions.
By Company
3M (US)
Conduent Business Services
Q-Free (Norway)
Cubic Transportation Systems (US)
Siemens (Germany)
Thales (France)
Transurban (Australia)
International Road Dynamics (Canada)
Raytheon (US)
The Revenue Âé¶¹Ô´´s (US)
Schneider Electric (France)
Toll Collect (Germany)
Perceptics (US)
TransCore (US)
Far Eastern Electronic Toll Collection (Taiwan)
Segment by Technology
Automatic Vehicle Identification (AVI)
Automatic Vehicle Classification (AVC)
Dedicated Short Communication
Video Enforcement System
Others
Segment by Application
Highway
Urban
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by technology, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electronic Toll Collerction (ECT) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Technology
1.2.1 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size Growth Rate by Technology: 2018 VS 2022 VS 2029
1.2.2 Automatic Vehicle Identification (AVI)
1.2.3 Automatic Vehicle Classification (AVC)
1.2.4 Dedicated Short Communication
1.2.5 Video Enforcement System
1.2.6 Others
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Highway
1.3.3 Urban
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Electronic Toll Collerction (ECT) Growth Trends by Region
2.2.1 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Electronic Toll Collerction (ECT) Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Electronic Toll Collerction (ECT) Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Dynamics
2.3.1 Electronic Toll Collerction (ECT) Industry Trends
2.3.2 Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Drivers
2.3.3 Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Challenges
2.3.4 Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electronic Toll Collerction (ECT) Players by Revenue
3.1.1 Global Top Electronic Toll Collerction (ECT) Players by Revenue (2018-2023)
3.1.2 Global Electronic Toll Collerction (ECT) Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Electronic Toll Collerction (ECT) Revenue
3.4 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electronic Toll Collerction (ECT) Revenue in 2022
3.5 Electronic Toll Collerction (ECT) Key Players Head office and Area Served
3.6 Key Players Electronic Toll Collerction (ECT) Product Solution and Service
3.7 Date of Enter into Electronic Toll Collerction (ECT) Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Electronic Toll Collerction (ECT) Breakdown Data by Technology
4.1 Global Electronic Toll Collerction (ECT) Historic Âé¶¹Ô´´ Size by Technology (2018-2023)
4.2 Global Electronic Toll Collerction (ECT) Forecasted Âé¶¹Ô´´ Size by Technology (2024-2029)
5 Electronic Toll Collerction (ECT) Breakdown Data by Application
5.1 Global Electronic Toll Collerction (ECT) Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Electronic Toll Collerction (ECT) Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Electronic Toll Collerction (ECT) Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 3M (US)
11.1.1 3M (US) Company Detail
11.1.2 3M (US) Business Overview
11.1.3 3M (US) Electronic Toll Collerction (ECT) Introduction
11.1.4 3M (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.1.5 3M (US) Recent Development
11.2 Conduent Business Services
11.2.1 Conduent Business Services Company Detail
11.2.2 Conduent Business Services Business Overview
11.2.3 Conduent Business Services Electronic Toll Collerction (ECT) Introduction
11.2.4 Conduent Business Services Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.2.5 Conduent Business Services Recent Development
11.3 Q-Free (Norway)
11.3.1 Q-Free (Norway) Company Detail
11.3.2 Q-Free (Norway) Business Overview
11.3.3 Q-Free (Norway) Electronic Toll Collerction (ECT) Introduction
11.3.4 Q-Free (Norway) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.3.5 Q-Free (Norway) Recent Development
11.4 Cubic Transportation Systems (US)
11.4.1 Cubic Transportation Systems (US) Company Detail
11.4.2 Cubic Transportation Systems (US) Business Overview
11.4.3 Cubic Transportation Systems (US) Electronic Toll Collerction (ECT) Introduction
11.4.4 Cubic Transportation Systems (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.4.5 Cubic Transportation Systems (US) Recent Development
11.5 Siemens (Germany)
11.5.1 Siemens (Germany) Company Detail
11.5.2 Siemens (Germany) Business Overview
11.5.3 Siemens (Germany) Electronic Toll Collerction (ECT) Introduction
11.5.4 Siemens (Germany) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.5.5 Siemens (Germany) Recent Development
11.6 Thales (France)
11.6.1 Thales (France) Company Detail
11.6.2 Thales (France) Business Overview
11.6.3 Thales (France) Electronic Toll Collerction (ECT) Introduction
11.6.4 Thales (France) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.6.5 Thales (France) Recent Development
11.7 Transurban (Australia)
11.7.1 Transurban (Australia) Company Detail
11.7.2 Transurban (Australia) Business Overview
11.7.3 Transurban (Australia) Electronic Toll Collerction (ECT) Introduction
11.7.4 Transurban (Australia) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.7.5 Transurban (Australia) Recent Development
11.8 International Road Dynamics (Canada)
11.8.1 International Road Dynamics (Canada) Company Detail
11.8.2 International Road Dynamics (Canada) Business Overview
11.8.3 International Road Dynamics (Canada) Electronic Toll Collerction (ECT) Introduction
11.8.4 International Road Dynamics (Canada) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.8.5 International Road Dynamics (Canada) Recent Development
11.9 Raytheon (US)
11.9.1 Raytheon (US) Company Detail
11.9.2 Raytheon (US) Business Overview
11.9.3 Raytheon (US) Electronic Toll Collerction (ECT) Introduction
11.9.4 Raytheon (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.9.5 Raytheon (US) Recent Development
11.10 The Revenue Âé¶¹Ô´´s (US)
11.10.1 The Revenue Âé¶¹Ô´´s (US) Company Detail
11.10.2 The Revenue Âé¶¹Ô´´s (US) Business Overview
11.10.3 The Revenue Âé¶¹Ô´´s (US) Electronic Toll Collerction (ECT) Introduction
11.10.4 The Revenue Âé¶¹Ô´´s (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.10.5 The Revenue Âé¶¹Ô´´s (US) Recent Development
11.11 Schneider Electric (France)
11.11.1 Schneider Electric (France) Company Detail
11.11.2 Schneider Electric (France) Business Overview
11.11.3 Schneider Electric (France) Electronic Toll Collerction (ECT) Introduction
11.11.4 Schneider Electric (France) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.11.5 Schneider Electric (France) Recent Development
11.12 Toll Collect (Germany)
11.12.1 Toll Collect (Germany) Company Detail
11.12.2 Toll Collect (Germany) Business Overview
11.12.3 Toll Collect (Germany) Electronic Toll Collerction (ECT) Introduction
11.12.4 Toll Collect (Germany) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.12.5 Toll Collect (Germany) Recent Development
11.13 Perceptics (US)
11.13.1 Perceptics (US) Company Detail
11.13.2 Perceptics (US) Business Overview
11.13.3 Perceptics (US) Electronic Toll Collerction (ECT) Introduction
11.13.4 Perceptics (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.13.5 Perceptics (US) Recent Development
11.14 TransCore (US)
11.14.1 TransCore (US) Company Detail
11.14.2 TransCore (US) Business Overview
11.14.3 TransCore (US) Electronic Toll Collerction (ECT) Introduction
11.14.4 TransCore (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.14.5 TransCore (US) Recent Development
11.15 Far Eastern Electronic Toll Collection (Taiwan)
11.15.1 Far Eastern Electronic Toll Collection (Taiwan) Company Detail
11.15.2 Far Eastern Electronic Toll Collection (Taiwan) Business Overview
11.15.3 Far Eastern Electronic Toll Collection (Taiwan) Electronic Toll Collerction (ECT) Introduction
11.15.4 Far Eastern Electronic Toll Collection (Taiwan) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.15.5 Far Eastern Electronic Toll Collection (Taiwan) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
3M (US)
Conduent Business Services
Q-Free (Norway)
Cubic Transportation Systems (US)
Siemens (Germany)
Thales (France)
Transurban (Australia)
International Road Dynamics (Canada)
Raytheon (US)
The Revenue Âé¶¹Ô´´s (US)
Schneider Electric (France)
Toll Collect (Germany)
Perceptics (US)
TransCore (US)
Far Eastern Electronic Toll Collection (Taiwan)
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*If Applicable.