Global Electronic Toll Collection Market Size study, by Type (Transponder/ Tag-based Tolling Systems, Other Tolling Systems), by Technology (RFID, DSRC, Others (GPS, GNSS, ANPR etc.)), by Application (Highways, Urban Areas) and Regional Forecasts 2021-2027
- Category: Semiconductor & Electronics
- Published Date: Mar 2022
- Publisher: Bizwit Research
- Pages: 200
Global Electronic Toll Collection Market is valued at approximately USD 6.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.00 % over the forecast period 2021-2027. Electronic toll collection (ETC) is a wireless system that automatically collects the toll charged to vehicles using toll roads, HOV lanes, toll bridges, and toll tunnels. It is a faster alternative which is replacing toll booths, where vehicles must stop and the driver manually pays the toll with cash or a card. Government initiatives to support digitalization, rising highway development has led to the adoption of Electronic Toll Collection across the forecast period. For Instance: As per the National Conference, investors and other stakeholders with the Union Ministry of Road Transport and Highways have planned to execute infrastructure projects worth Rs. 7 lakh crores in the next 2-3 years itself. Also, with the growing PPP model, the adoption & demand for Electronic Toll Collection is likely to increase the market growth during the forecast period. However, interoperability problems impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Electronic Toll Collection market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to having the most vehicles per person and the largest networks of interstate and state highways. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as strong government initiatives to introduce and promote the use of electronic toll collection systems, rapid urbanization would create lucrative growth prospects for the Electronic Toll Collection market across Asia-Pacific region.
Major market players included in this report are:
Feig Electronics (Germany)
Kapsch TrafficCom (Austria)
Conduent, Inc. (US)
EFKON GmbH (Germany)
TransCore (US)
Thales Group (France)
Raytheon Technology Corporation (US)
Cubic Corporation (US)
Siemens AG (Germany)
Neology Inc. (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Transponder-/Tag-based Tolling Systems
Other Tolling Systems
By Technology:
RFID
DSRC
Others (GPS, GNSS, ANPR etc.)
By Application:
Highways
Urban Areas
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Electronic Toll Collection Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The key regions considered for the global Electronic Toll Collection market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to having the most vehicles per person and the largest networks of interstate and state highways. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as strong government initiatives to introduce and promote the use of electronic toll collection systems, rapid urbanization would create lucrative growth prospects for the Electronic Toll Collection market across Asia-Pacific region.
Major market players included in this report are:
Feig Electronics (Germany)
Kapsch TrafficCom (Austria)
Conduent, Inc. (US)
EFKON GmbH (Germany)
TransCore (US)
Thales Group (France)
Raytheon Technology Corporation (US)
Cubic Corporation (US)
Siemens AG (Germany)
Neology Inc. (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Transponder-/Tag-based Tolling Systems
Other Tolling Systems
By Technology:
RFID
DSRC
Others (GPS, GNSS, ANPR etc.)
By Application:
Highways
Urban Areas
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Electronic Toll Collection Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Electronic Toll Collection Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Electronic Toll Collection Market, by Type, 2019-2027 (USD Billion)
1.2.3. Global Electronic Toll Collection Market, by Technology, 2019-2027 (USD Billion)
1.2.4. Global Electronic Toll Collection Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Electronic Toll Collection Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Electronic Toll Collection Market Dynamics
3.1. Electronic Toll Collection Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Government initiatives to support digitalization
3.1.1.2. Rising highway development
3.1.2. Market Challenges
3.1.2.1. Interoperability problems
3.1.3. Market Opportunities
3.1.3.1. Growing PPP model
Chapter 4. Global Electronic Toll Collection Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Electronic Toll Collection Market, by Type
6.1. Market Snapshot
6.2. Global Electronic Toll Collection Market by Type, Performance - Potential Analysis
6.3. Global Electronic Toll Collection Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)
6.4. Electronic Toll Collection Market, Sub Segment Analysis
6.4.1. Transponder/Tag-based Tolling Systems
6.4.2. Other Tolling Systems
Chapter 7. Global Electronic Toll Collection Market, by Technology
7.1. Market Snapshot
7.2. Global Electronic Toll Collection Market by Technology, Performance - Potential Analysis
7.3. Global Electronic Toll Collection Market Estimates & Forecasts by Technology, 2018-2027 (USD Billion)
7.4. Electronic Toll Collection Market, Sub Segment Analysis
7.4.1. RFID
7.4.2. DSRC
7.4.3. Others (GPS, GNSS, ANPR etc.)
Chapter 8. Global Electronic Toll Collection Market, by Application
8.1. Market Snapshot
8.2. Global Electronic Toll Collection Market by Application, Performance - Potential Analysis
8.3. Global Electronic Toll Collection Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
8.4. Electronic Toll Collection Market, Sub Segment Analysis
8.4.1. Highways
8.4.2. Urban Areas
Chapter 9. Global Electronic Toll Collection Market, Regional Analysis
9.1. Electronic Toll Collection Market, Regional Market Snapshot
9.2. North America Electronic Toll Collection Market
9.2.1. U.S. Electronic Toll Collection Market
9.2.1.1. Type breakdown estimates & forecasts, 2018-2027
9.2.1.2. Technology breakdown estimates & forecasts, 2018-2027
9.2.1.3. Application breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Electronic Toll Collection Market
9.3. Europe Electronic Toll Collection Market Snapshot
9.3.1. U.K. Electronic Toll Collection Market
9.3.2. Germany Electronic Toll Collection Market
9.3.3. France Electronic Toll Collection Market
9.3.4. Spain Electronic Toll Collection Market
9.3.5. Italy Electronic Toll Collection Market
9.3.6. Rest of Europe Electronic Toll Collection Market
9.4. Asia-Pacific Electronic Toll Collection Market Snapshot
9.4.1. China Electronic Toll Collection Market
9.4.2. India Electronic Toll Collection Market
9.4.3. Japan Electronic Toll Collection Market
9.4.4. Australia Electronic Toll Collection Market
9.4.5. South Korea Electronic Toll Collection Market
9.4.6. Rest of Asia Pacific Electronic Toll Collection Market
9.5. Latin America Electronic Toll Collection Market Snapshot
9.5.1. Brazil Electronic Toll Collection Market
9.5.2. Mexico Electronic Toll Collection Market
9.6. Rest of The World Electronic Toll Collection Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Feig Electronics (Germany)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Kapsch TrafficCom (Austria)
10.2.3. Conduent, Inc. (US)
10.2.4. EFKON GmbH (Germany)
10.2.5. TransCore (US)
10.2.6. Thales Group (France)
10.2.7. Raytheon Technology Corporation (US)
10.2.8. Cubic Corporation (US)
10.2.9. Siemens AG (Germany)
10.2.10. Neology Inc. (US)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Electronic Toll Collection Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Electronic Toll Collection Market, by Type, 2019-2027 (USD Billion)
1.2.3. Global Electronic Toll Collection Market, by Technology, 2019-2027 (USD Billion)
1.2.4. Global Electronic Toll Collection Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Electronic Toll Collection Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Electronic Toll Collection Market Dynamics
3.1. Electronic Toll Collection Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Government initiatives to support digitalization
3.1.1.2. Rising highway development
3.1.2. Market Challenges
3.1.2.1. Interoperability problems
3.1.3. Market Opportunities
3.1.3.1. Growing PPP model
Chapter 4. Global Electronic Toll Collection Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Electronic Toll Collection Market, by Type
6.1. Market Snapshot
6.2. Global Electronic Toll Collection Market by Type, Performance - Potential Analysis
6.3. Global Electronic Toll Collection Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)
6.4. Electronic Toll Collection Market, Sub Segment Analysis
6.4.1. Transponder/Tag-based Tolling Systems
6.4.2. Other Tolling Systems
Chapter 7. Global Electronic Toll Collection Market, by Technology
7.1. Market Snapshot
7.2. Global Electronic Toll Collection Market by Technology, Performance - Potential Analysis
7.3. Global Electronic Toll Collection Market Estimates & Forecasts by Technology, 2018-2027 (USD Billion)
7.4. Electronic Toll Collection Market, Sub Segment Analysis
7.4.1. RFID
7.4.2. DSRC
7.4.3. Others (GPS, GNSS, ANPR etc.)
Chapter 8. Global Electronic Toll Collection Market, by Application
8.1. Market Snapshot
8.2. Global Electronic Toll Collection Market by Application, Performance - Potential Analysis
8.3. Global Electronic Toll Collection Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
8.4. Electronic Toll Collection Market, Sub Segment Analysis
8.4.1. Highways
8.4.2. Urban Areas
Chapter 9. Global Electronic Toll Collection Market, Regional Analysis
9.1. Electronic Toll Collection Market, Regional Market Snapshot
9.2. North America Electronic Toll Collection Market
9.2.1. U.S. Electronic Toll Collection Market
9.2.1.1. Type breakdown estimates & forecasts, 2018-2027
9.2.1.2. Technology breakdown estimates & forecasts, 2018-2027
9.2.1.3. Application breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Electronic Toll Collection Market
9.3. Europe Electronic Toll Collection Market Snapshot
9.3.1. U.K. Electronic Toll Collection Market
9.3.2. Germany Electronic Toll Collection Market
9.3.3. France Electronic Toll Collection Market
9.3.4. Spain Electronic Toll Collection Market
9.3.5. Italy Electronic Toll Collection Market
9.3.6. Rest of Europe Electronic Toll Collection Market
9.4. Asia-Pacific Electronic Toll Collection Market Snapshot
9.4.1. China Electronic Toll Collection Market
9.4.2. India Electronic Toll Collection Market
9.4.3. Japan Electronic Toll Collection Market
9.4.4. Australia Electronic Toll Collection Market
9.4.5. South Korea Electronic Toll Collection Market
9.4.6. Rest of Asia Pacific Electronic Toll Collection Market
9.5. Latin America Electronic Toll Collection Market Snapshot
9.5.1. Brazil Electronic Toll Collection Market
9.5.2. Mexico Electronic Toll Collection Market
9.6. Rest of The World Electronic Toll Collection Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Feig Electronics (Germany)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Kapsch TrafficCom (Austria)
10.2.3. Conduent, Inc. (US)
10.2.4. EFKON GmbH (Germany)
10.2.5. TransCore (US)
10.2.6. Thales Group (France)
10.2.7. Raytheon Technology Corporation (US)
10.2.8. Cubic Corporation (US)
10.2.9. Siemens AG (Germany)
10.2.10. Neology Inc. (US)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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