Electronic Toll Collection System Market [Offering: Hardware, Software, and Service; and Technology: Global Navigation Satellite System (GNSS), Global Positioning System (GPS), Radio Frequency Identification (RFID), Dedicated Short-range Communication (DS

Electronic Toll Collection System Market [Offering: Hardware, Software, and Service; and Technology: Global Navigation Satellite System (GNSS), Global Positioning System (GPS), Radio Frequency Identification (RFID), Dedicated Short-range Communication (DSRC), and Automatic Number Plate Recognition (ANPR)] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034


Electronic Toll Collection System Market – Scope of Report

TMR’s report on the global electronic toll collection system market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global electronic toll collection system market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electronic toll collection system market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the electronic toll collection system market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global electronic toll collection system market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global electronic toll collection system market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global electronic toll collection system market.

The report delves into the competitive landscape of the global electronic toll collection system market. Key players operating in the global electronic toll collection system market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global electronic toll collection system market profiled in this report.

Key Questions Answered in Global electronic toll collection system Market Report
  • What is the sales/revenue generated by electronic toll collection system across all regions during the forecast period?
  • What are the opportunities in the global electronic toll collection system market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2034?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Electronic Toll Collection System Market – Research Objectives and Research Approach

The comprehensive report on the global electronic toll collection system market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global electronic toll collection system market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global electronic toll collection system market.


1. Preface
  1.1. Market and Segment Definitions
  1.2. Market Taxonomy
  1.3. Research Methodology
  1.4. Assumption and Acronyms
2. Executive Summary
  2.1. Global Electronic Toll Collection System Market Overview
  2.2. Regional Outline
  2.3. Industry Outline
  2.4. Market Dynamics Snapshot
  2.5. Competition Blueprint
3. Market Dynamics
  3.1. Macroeconomic Factors
  3.2. Drivers
  3.3. Restraints
  3.4. Opportunities
  3.5. Key Trends
  3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
  4.1. Parent Industry Overview
  4.2. Ecosystem Analysis
  4.3. Pricing Analysis
  4.4. Technology Roadmap Analysis
  4.5. Industry SWOT Analysis
  4.6. Porter’s Five Forces Analysis
5. Global Electronic Toll Collection System Market Analysis, by Offering
  5.1. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
5.1.1. Hardware
5.1.1.1. Antenna
5.1.1.2. Transceiver
5.1.1.3. RFID Reader
5.1.1.4. Power Supply Unit (PSU)
5.1.1.5. Communication System
5.1.1.6. Camera
5.1.1.7. Other
5.1.2. Software
5.1.3. Service
  5.2. Market Attractiveness Analysis, by Offering
6. Global Electronic Toll Collection System Market Analysis, by Technology
  6.1. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
6.1.1. Global Navigation Satellite System (GNSS)
6.1.2. Global Positioning System (GPS)
6.1.3. Radio-Frequency Identification (RFID)
6.1.4. Dedicated Short-Range Communication (DSRC)
6.1.5. Automatic Number Plate Recognition (ANPR)
  6.2. Market Attractiveness Analysis, by Technology
7. Global Electronic Toll Collection System Market Analysis, by Payment Method
  7.1. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
7.1.1. Cash
7.1.2. Cashless
  7.2. Market Attractiveness Analysis, by Payment Method
8. Global Electronic Toll Collection System Market Analysis and Forecast, by Application
  8.1. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
8.1.1. Highways
8.1.2. Urban Areas
  8.2. Market Attractiveness Analysis, by Application
9. Global Electronic Toll Collection System Market Analysis and Forecast, by Region
  9.1. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Region, 2020-2034
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
  9.2. Market Attractiveness Analysis, by Region
10. North America Electronic Toll Collection System Market Analysis and Forecast
  10.1. Market Snapshot
  10.2. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
10.2.1. Hardware
10.2.1.1. Antenna
10.2.1.2. Transceiver
10.2.1.3. RFID Reader
10.2.1.4. Power Supply Unit (PSU)
10.2.1.5. Communication System
10.2.1.6. Camera
10.2.1.7. Other
10.2.2. Software
10.2.3. Service
  10.3. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
10.3.1. Global Navigation Satellite System (GNSS)
10.3.2. Global Positioning System (GPS)
10.3.3. Radio-Frequency Identification (RFID)
10.3.4. Dedicated Short-Range Communication (DSRC)
10.3.5. Automatic Number Plate Recognition (ANPR)
  10.4. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
10.4.1. Cash
10.4.2. Cashless
  10.5. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
10.5.1. Highways
10.5.2. Urban Areas
  10.6. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country, 2020-2034
10.6.1. U.S.
10.6.2. Canada
10.6.3. Rest of North America
  10.7. Market Attractiveness Analysis
10.7.1. By Offering
10.7.2. By Technology
10.7.3. By Payment Method
10.7.4. By Application
10.7.5. By Country
11. Europe Electronic Toll Collection System Market Analysis and Forecast
  11.1. Market Snapshot
  11.2. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
11.2.1. Hardware
11.2.1.1. Antenna
11.2.1.2. Transceiver
11.2.1.3. RFID Reader
11.2.1.4. Power Supply Unit (PSU)
11.2.1.5. Communication System
11.2.1.6. Camera
11.2.1.7. Other
11.2.2. Software
11.2.3. Service
  11.3. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
11.3.1. Global Navigation Satellite System (GNSS)
11.3.2. Global Positioning System (GPS)
11.3.3. Radio-Frequency Identification (RFID)
11.3.4. Dedicated Short-Range Communication (DSRC)
11.3.5. Automatic Number Plate Recognition (ANPR)
  11.4. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
11.4.1. Cash
11.4.2. Cashless
  11.5. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
11.5.1. Highways
11.5.2. Urban Areas
  11.6. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
11.6.1. U.K.
11.6.2. Germany
11.6.3. France
11.6.4. Rest of Europe
  11.7. Market Attractiveness Analysis
11.7.1. By Offering
11.7.2. By Technology
11.7.3. By Payment Method
11.7.4. By Application
11.7.5. By Country/Sub-region
12. Asia Pacific Electronic Toll Collection System Market Analysis and Forecast
  12.1. Market Snapshot
  12.2. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
12.2.1. Hardware
12.2.1.1. Antenna
12.2.1.2. Transceiver
12.2.1.3. RFID Reader
12.2.1.4. Power Supply Unit (PSU)
12.2.1.5. Communication System
12.2.1.6. Camera
12.2.1.7. Other
12.2.2. Software
12.2.3. Service
  12.3. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
12.3.1. Global Navigation Satellite System (GNSS)
12.3.2. Global Positioning System (GPS)
12.3.3. Radio-Frequency Identification (RFID)
12.3.4. Dedicated Short-Range Communication (DSRC)
12.3.5. Automatic Number Plate Recognition (ANPR)
  12.4. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
12.4.1. Cash
12.4.2. Cashless
  12.5. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
12.5.1. Highways
12.5.2. Urban Areas
  12.6. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
12.6.1. China
12.6.2. Japan
12.6.3. India
12.6.4. South Korea
12.6.5. ASEAN
12.6.6. Rest of Asia Pacific
  12.7. Market Attractiveness Analysis
12.7.1. By Offering
12.7.2. By Technology
12.7.3. By Payment Method
12.7.4. By Application
12.7.5. By Country/Sub-region
13. Middle East & Africa Electronic Toll Collection System Market Analysis and Forecast
  13.1. Market Snapshot
  13.2. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
13.2.1. Hardware
13.2.1.1. Antenna
13.2.1.2. Transceiver
13.2.1.3. RFID Reader
13.2.1.4. Power Supply Unit (PSU)
13.2.1.5. Communication System
13.2.1.6. Camera
13.2.1.7. Other
13.2.2. Software
13.2.3. Service
  13.3. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
13.3.1. Global Navigation Satellite System (GNSS)
13.3.2. Global Positioning System (GPS)
13.3.3. Radio-Frequency Identification (RFID)
13.3.4. Dedicated Short-Range Communication (DSRC)
13.3.5. Automatic Number Plate Recognition (ANPR)
  13.4. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
13.4.1. Cash
13.4.2. Cashless
  13.5. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
13.5.1. Highways
13.5.2. Urban Areas
  13.6. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
13.6.1. GCC
13.6.2. South Africa
13.6.3. Rest of Middle East & Africa
  13.7. Market Attractiveness Analysis
13.7.1. By Offering
13.7.2. By Technology
13.7.3. By Payment Method
13.7.4. By Application
13.7.5. By Country/Sub-region
14. South America Electronic Toll Collection System Market Analysis and Forecast
  14.1. Market Snapshot
  14.2. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2020-2034
14.2.1. Hardware
14.2.1.1. Antenna
14.2.1.2. Transceiver
14.2.1.3. RFID Reader
14.2.1.4. Power Supply Unit (PSU)
14.2.1.5. Communication System
14.2.1.6. Camera
14.2.1.7. Other
14.2.2. Software
14.2.3. Service
  14.3. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Technology, 2020-2034
14.3.1. Global Navigation Satellite System (GNSS)
14.3.2. Global Positioning System (GPS)
14.3.3. Radio-Frequency Identification (RFID)
14.3.4. Dedicated Short-Range Communication (DSRC)
14.3.5. Automatic Number Plate Recognition (ANPR)
  14.4. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Payment Method, 2020-2034
14.4.1. Cash
14.4.2. Cashless
  14.5. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
14.5.1. Highways
14.5.2. Urban Areas
  14.6. Electronic Toll Collection System Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
14.6.1. Brazil
14.6.2. Rest of South America
  14.7. Market Attractiveness Analysis
14.7.1. By Offering
14.7.2. By Technology
14.7.3. By Payment Method
14.7.4. By Application
14.7.5. By Country/Sub-region
15. Competition Assessment
  15.1. Global Electronic Toll Collection System Market Competition Matrix - a Dashboard View
15.1.1. Global Electronic Toll Collection System Market Company Share Analysis, by Value (2023)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
  16.1. DENSO Inc.
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
  16.2. EFKON Inc.
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
  16.3. Honeywell International, Inc.
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
  16.4. Kapsch TrafficCom AG
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
  16.5. KENT Intelligent Transportation Systems (India) Pvt. Ltd
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
  16.6. Mitsubishi Heavy Industries, Ltd.
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
  16.7. Neology, Inc.
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
  16.8. PARKnSECURE
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
  16.9. Perceptics Inc.
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
  16.10. Q-Free Inc.
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
  16.11. Sensor Dynamics
16.11.1. Overview
16.11.2. Product Portfolio
16.11.3. Sales Footprint
16.11.4. Key Subsidiaries or Distributors
16.11.5. Strategy and Recent Developments
16.11.6. Key Financials
  16.12. Techsture Technologies India Pvt. Ltd
16.12.1. Overview
16.12.2. Product Portfolio
16.12.3. Sales Footprint
16.12.4. Key Subsidiaries or Distributors
16.12.5. Strategy and Recent Developments
16.12.6. Key Financials
  16.13. Toll Collect GmbH
16.13.1. Overview
16.13.2. Product Portfolio
16.13.3. Sales Footprint
16.13.4. Key Subsidiaries or Distributors
16.13.5. Strategy and Recent Developments
16.13.6. Key Financials
  16.14. Transcore Holdings, Inc.
16.14.1. Overview
16.14.2. Product Portfolio
16.14.3. Sales Footprint
16.14.4. Key Subsidiaries or Distributors
16.14.5. Strategy and Recent Developments
16.14.6. Key Financials
  16.15. TRMI Systems Integration
16.15.1. Overview
16.15.2. Product Portfolio
16.15.3. Sales Footprint
16.15.4. Key Subsidiaries or Distributors
16.15.5. Strategy and Recent Developments
16.15.6. Key Financials
17. Go to Market Strategy
  17.1. Identification of Potential Market Spaces
  17.2. Preferred Sales & Marketing Strategy

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