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.
Market Analysis and Insights: Global Electronic Toll Collerction (ECT) Market
The global Electronic Toll Collerction (ECT) market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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 Includes
This report presents an overview of global market for Electronic Toll Collerction (ECT) market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Electronic Toll Collerction (ECT), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Electronic Toll Collerction (ECT), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Electronic Toll Collerction (ECT) revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Electronic Toll Collerction (ECT) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by technology and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Electronic Toll Collerction (ECT) revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including 3M (US), Conduent Business Services, Q-Free (Norway), Cubic Transportation Systems (US), Siemens (Germany), Thales (France), Transurban (Australia), International Road Dynamics (Canada) and Raytheon (US), etc.
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 Markets (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, and Latin America
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Electronic Toll Collerction (ECT) in global and regional level. 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. 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 and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by technology, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America by technology, by application and by country, revenue for each segment.
Chapter 7: Europe by technology, by application and by country, revenue for each segment.
Chapter 8: China by technology and by application revenue for each segment.
Chapter 9: Asia (excluding China) by technology, by application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by technology, by application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electronic Toll Collerction (ECT) revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Technology
1.2.1 Global Electronic Toll Collerction (ECT) Market 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 Market by Application
1.3.1 Global Electronic Toll Collerction (ECT) Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Highway
1.3.3 Urban
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electronic Toll Collerction (ECT) Market Perspective (2018-2029)
2.2 Global Electronic Toll Collerction (ECT) Growth Trends by Region
2.2.1 Electronic Toll Collerction (ECT) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Electronic Toll Collerction (ECT) Historic Market Size by Region (2018-2023)
2.2.3 Electronic Toll Collerction (ECT) Forecasted Market Size by Region (2024-2029)
2.3 Electronic Toll Collerction (ECT) Market Dynamics
2.3.1 Electronic Toll Collerction (ECT) Industry Trends
2.3.2 Electronic Toll Collerction (ECT) Market Drivers
2.3.3 Electronic Toll Collerction (ECT) Market Challenges
2.3.4 Electronic Toll Collerction (ECT) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Electronic Toll Collerction (ECT) by Players
3.1.1 Global Electronic Toll Collerction (ECT) Revenue by Players (2018-2023)
3.1.2 Global Electronic Toll Collerction (ECT) Revenue Market Share by Players (2018-2023)
3.2 Global Electronic Toll Collerction (ECT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Electronic Toll Collerction (ECT), Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Electronic Toll Collerction (ECT) Market Concentration Ratio
3.4.1 Global Electronic Toll Collerction (ECT) Market 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 Global Key Players of Electronic Toll Collerction (ECT) Head office and Area Served
3.6 Global Key Players of Electronic Toll Collerction (ECT), Product and Application
3.7 Global Key Players of Electronic Toll Collerction (ECT), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Electronic Toll Collerction (ECT) Breakdown Data by Technology
4.1 Global Electronic Toll Collerction (ECT) Historic Market Size by Technology (2018-2023)
4.2 Global Electronic Toll Collerction (ECT) Forecasted Market Size by Technology (2024-2029)
5 Electronic Toll Collerction (ECT) Breakdown Data by Application
5.1 Global Electronic Toll Collerction (ECT) Historic Market Size by Application (2018-2023)
5.2 Global Electronic Toll Collerction (ECT) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Electronic Toll Collerction (ECT) Market Size (2018-2029)
6.2 North America Electronic Toll Collerction (ECT) Market Size by Technology
6.2.1 North America Electronic Toll Collerction (ECT) Market Size by Technology (2018-2023)
6.2.2 North America Electronic Toll Collerction (ECT) Market Size by Technology (2024-2029)
6.2.3 North America Electronic Toll Collerction (ECT) Market Share by Technology (2018-2029)
6.3 North America Electronic Toll Collerction (ECT) Market Size by Application
6.3.1 North America Electronic Toll Collerction (ECT) Market Size by Application (2018-2023)
6.3.2 North America Electronic Toll Collerction (ECT) Market Size by Application (2024-2029)
6.3.3 North America Electronic Toll Collerction (ECT) Market Share by Application (2018-2029)
6.4 North America Electronic Toll Collerction (ECT) Market Size by Country
6.4.1 North America Electronic Toll Collerction (ECT) Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Electronic Toll Collerction (ECT) Market Size by Country (2018-2023)
6.4.3 North America Electronic Toll Collerction (ECT) Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Electronic Toll Collerction (ECT) Market Size (2018-2029)
7.2 Europe Electronic Toll Collerction (ECT) Market Size by Technology
7.2.1 Europe Electronic Toll Collerction (ECT) Market Size by Technology (2018-2023)
7.2.2 Europe Electronic Toll Collerction (ECT) Market Size by Technology (2024-2029)
7.2.3 Europe Electronic Toll Collerction (ECT) Market Share by Technology (2018-2029)
7.3 Europe Electronic Toll Collerction (ECT) Market Size by Application
7.3.1 Europe Electronic Toll Collerction (ECT) Market Size by Application (2018-2023)
7.3.2 Europe Electronic Toll Collerction (ECT) Market Size by Application (2024-2029)
7.3.3 Europe Electronic Toll Collerction (ECT) Market Share by Application (2018-2029)
7.4 Europe Electronic Toll Collerction (ECT) Market Size by Country
7.4.1 Europe Electronic Toll Collerction (ECT) Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Electronic Toll Collerction (ECT) Market Size by Country (2018-2023)
7.4.3 Europe Electronic Toll Collerction (ECT) Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Electronic Toll Collerction (ECT) Market Size (2018-2029)
8.2 China Electronic Toll Collerction (ECT) Market Size by Technology
8.2.1 China Electronic Toll Collerction (ECT) Market Size by Technology (2018-2023)
8.2.2 China Electronic Toll Collerction (ECT) Market Size by Technology (2024-2029)
8.2.3 China Electronic Toll Collerction (ECT) Market Share by Technology (2018-2029)
8.3 China Electronic Toll Collerction (ECT) Market Size by Application
8.3.1 China Electronic Toll Collerction (ECT) Market Size by Application (2018-2023)
8.3.2 China Electronic Toll Collerction (ECT) Market Size by Application (2024-2029)
8.3.3 China Electronic Toll Collerction (ECT) Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Electronic Toll Collerction (ECT) Market Size (2018-2029)
9.2 Asia Electronic Toll Collerction (ECT) Market Size by Technology
9.2.1 Asia Electronic Toll Collerction (ECT) Market Size by Technology (2018-2023)
9.2.2 Asia Electronic Toll Collerction (ECT) Market Size by Technology (2024-2029)
9.2.3 Asia Electronic Toll Collerction (ECT) Market Share by Technology (2018-2029)
9.3 Asia Electronic Toll Collerction (ECT) Market Size by Application
9.3.1 Asia Electronic Toll Collerction (ECT) Market Size by Application (2018-2023)
9.3.2 Asia Electronic Toll Collerction (ECT) Market Size by Application (2024-2029)
9.3.3 Asia Electronic Toll Collerction (ECT) Market Share by Application (2018-2029)
9.4 Asia Electronic Toll Collerction (ECT) Market Size by Region
9.4.1 Asia Electronic Toll Collerction (ECT) Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Electronic Toll Collerction (ECT) Market Size by Region (2018-2023)
9.4.3 Asia Electronic Toll Collerction (ECT) Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Technology
10.2.1 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Technology (2018-2023)
10.2.2 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Technology (2024-2029)
10.2.3 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Share by Technology (2018-2029)
10.3 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Application
10.3.1 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Country
10.4.1 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Electronic Toll Collerction (ECT) Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 3M (US)
11.1.1 3M (US) Company Details
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 Developments
11.2 Conduent Business Services
11.2.1 Conduent Business Services Company Details
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 Developments
11.3 Q-Free (Norway)
11.3.1 Q-Free (Norway) Company Details
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 Developments
11.4 Cubic Transportation Systems (US)
11.4.1 Cubic Transportation Systems (US) Company Details
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 Developments
11.5 Siemens (Germany)
11.5.1 Siemens (Germany) Company Details
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 Developments
11.6 Thales (France)
11.6.1 Thales (France) Company Details
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 Developments
11.7 Transurban (Australia)
11.7.1 Transurban (Australia) Company Details
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 Developments
11.8 International Road Dynamics (Canada)
11.8.1 International Road Dynamics (Canada) Company Details
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 Developments
11.9 Raytheon (US)
11.9.1 Raytheon (US) Company Details
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 Developments
11.10 The Revenue Markets (US)
11.10.1 The Revenue Markets (US) Company Details
11.10.2 The Revenue Markets (US) Business Overview
11.10.3 The Revenue Markets (US) Electronic Toll Collerction (ECT) Introduction
11.10.4 The Revenue Markets (US) Revenue in Electronic Toll Collerction (ECT) Business (2018-2023)
11.10.5 The Revenue Markets (US) Recent Developments
11.11 Schneider Electric (France)
11.11.1 Schneider Electric (France) Company Details
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 Developments
11.12 Toll Collect (Germany)
11.12.1 Toll Collect (Germany) Company Details
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 Developments
11.13 Perceptics (US)
11.13.1 Perceptics (US) Company Details
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 Developments
11.14 TransCore (US)
11.14.1 TransCore (US) Company Details
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 Developments
11.15 Far Eastern Electronic Toll Collection (Taiwan)
11.15.1 Far Eastern Electronic Toll Collection (Taiwan) Company Details
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 Developments
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 Markets (US)
Schneider Electric (France)
Toll Collect (Germany)
Perceptics (US)
TransCore (US)
Far Eastern Electronic Toll Collection (Taiwan)
*If Applicable.