Electronic Toll Collection Market Intelligence Report - Global Forecast to 2027

Electronic Toll Collection Market Intelligence Report - Global Forecast to 2027

The Global Electronic Toll Collection Market is projected to reach USD 14,433.83 million by 2027 from USD 8,799.74 million in 2021, at a CAGR 8.59% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Electronic Toll Collection Market size was estimated at USD 3,126.54 million in 2021 and expected to reach USD 3,369.19 million in 2022, at a CAGR 8.37% to reach USD 5,065.82 million by 2027.
• The Asia-Pacific Electronic Toll Collection Market size was estimated at USD 2,623.20 million in 2021 and expected to reach USD 2,866.81 million in 2022, at a CAGR 8.87% to reach USD 4,369.50 million by 2027.
• The Europe, Middle East & Africa Electronic Toll Collection Market size was estimated at USD 3,049.99 million in 2021 and expected to reach USD 3,305.73 million in 2022, at a CAGR 8.58% to reach USD 4,998.50 million by 2027.

Market Segmentation & Coverage:

The report on electronic toll collection identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the electronic toll collection to forecast the revenues and analyze the trends in each of the following sub-markets:

Technology:

• Automatic Vehicle Classification
• Automatic Vehicle Identification
• Transaction Processing
• Violation Enforcement System

Operation:

• Dynamic Tolling
• Integrated Open Road Tolling with Existing Toll Facilities
• Mileage-Based User Fees
• Open Road Tolling
• Video Tolling

Component:

• Hardware
• Service
  • Consulting Services
  • Managed Services
  • Professional Services
  • Support & Maintenance
  • Training & Education
• Software

Application:

• Highways
• Urban Areas

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• A-to-Be
• Abertis Infraestructuras S.A.
• Conduent, Inc.
• Cubic Corporation
• EFKON GmbH
• Far Eastern Electronic Toll Collection Co. (FETC)
• GeoToll Inc.
• Indra Sistemas, S.A.
• Kapsch Trafficcom AG
• Mitsubishi Heavy Industries, Ltd.
• Neology, Inc.
• Q-Free ASA
• Quarterhill Inc.
• Raytheon Company
• Siemens AG
• Thales S.A.
• TollPlus LLC
• Toshiba Corporation
• Transcore Atlantic LLC
• Vinci SA