Global Electronic Toll Collection System Market Growth (Status and Outlook) 2023-2029

Global Electronic Toll Collection System Market Growth (Status and Outlook) 2023-2029

Electronic toll collection is a type of open tolling system which is being adopted in many countries to make toll collection easier especially in highways & urban areas.

LPI (LP Information)' newest research report, the “Electronic Toll Collection System Industry Forecast” looks at past sales and reviews total world Electronic Toll Collection System sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Toll Collection System sales for 2023 through 2029. With Electronic Toll Collection System 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 System industry.

This Insight Report provides a comprehensive analysis of the global Electronic Toll Collection System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Toll Collection System 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 System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Toll Collection System 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 System.

The global Electronic Toll Collection System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The system of toll collection is cashless and the system helps to effectively manage the traffic on congested areas using the modern technologies, such as the GPS/GNSS technology, RFID, DSRC, and video analytics.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Toll Collection System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Rfid-Based ETC Systems
Dsrc-Based ETC Systems
Video Analytic-Based ETC Systems
Gnss/Gps-Based ETC Systems

Segmentation by application
Highway Tolling
Urban Tolling

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.
Toshiba
Mitsubishi
MIFARE
Shutoko
Xerox
Kapsch Trafficom AG
Q-Free
Hitachi
Illinois Tollway
Metro Infrasys
Conduent Transportation

Please note: The report will take approximately 2 business days to prepare and deliver.