Global Road Electronic Toll Collection System (ETC) Market Growth 2023-2029

Global Road Electronic Toll Collection System (ETC) Market Growth 2023-2029

Electronic toll collection (ETC) is a wireless system to automatically collect the usage fee or toll charged to vehicles using toll roads, HOV lanes, toll bridges, and toll tunnels.

LPI (LP Information)' newest research report, the “Road Electronic Toll Collection System (ETC) Industry Forecast” looks at past sales and reviews total world Road Electronic Toll Collection System (ETC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Road Electronic Toll Collection System (ETC) sales for 2023 through 2029. With Road Electronic Toll Collection System (ETC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Road Electronic Toll Collection System (ETC) industry.

This Insight Report provides a comprehensive analysis of the global Road Electronic Toll Collection System (ETC) 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 Road Electronic Toll Collection System (ETC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Road Electronic Toll Collection System (ETC) market.

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

The global Road Electronic Toll Collection System (ETC) 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.

United States market for Road Electronic Toll Collection System (ETC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Road Electronic Toll Collection System (ETC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Road Electronic Toll Collection System (ETC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Road Electronic Toll Collection System (ETC) players cover Kapsch TrafficCom, Conduent, EFKON GmbH, TransCore, Thales Group, Raytheon Technology Corporation, Cubic Corporation, Siemens and Neology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
RFID
DSRC
Others

Segmentation by application
Highways
Urban Areas

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.
Kapsch TrafficCom
Conduent
EFKON GmbH
TransCore
Thales Group
Raytheon Technology Corporation
Cubic Corporation
Siemens
Neology
FEIG ELECTRONIC
Q-Free
Mitsubishi Heavy Industries
Hitachi
Toshiba
Quarterhill
Perceptics
Shenzhen Genvict Technologies
Beijing Juli Science and Technology
VanJee Technology
COSCO SHIPPING Technology
Anhui Wantong Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Road Electronic Toll Collection System (ETC) market?

What factors are driving Road Electronic Toll Collection System (ETC) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Road Electronic Toll Collection System (ETC) market opportunities vary by end market size?

How does Road Electronic Toll Collection System (ETC) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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