Global Electronic Toll Collection
Market Report
2025
The global Electronic Toll Collection market size will be USD 10.1 billion in 2024. The Electronic Toll Collection market will show strong growth with a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031. This growth can attributed to increased demand for efficient, contactless toll collection systems drive growth.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Electronic Toll Collection Market Report 2025.
According to Cognitive Market Research, the global Electronic Toll Collection market size will be USD 10.1 billion in 2024 and will expand by a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|
Global Electronic Toll Collection Market Sales Revenue | $ 10.1 Billion | 121212 | 121212 | 121212 | 7.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by By Technology: |
|
Market Split by By Offering: |
|
Market Split by By Application: |
|
Market Split by By Type: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Electronic Toll Collection industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Electronic Toll Collection Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The growth of the electronic toll collection (ETC) market is primarily driven by several key factors. Firstly, the increasing need for efficient traffic management and congestion reduction on highways and urban roads significantly boosts the adoption of ETC systems. Governments and transportation authorities are investing in smart transportation infrastructure to improve road safety and reduce travel time, propelling the demand for ETC solutions. Additionally, the widespread implementation of advanced technologies such as RFID, GPS, and DSRC in toll collection enhances accuracy and operational efficiency, further driving market growth. Moreover, the rising focus on reducing environmental impact through lower emissions and fuel consumption by minimizing idling times at toll booths encourages the shift towards electronic toll collection systems. Lastly, the convenience and time-saving benefits for commuters, along with growing public-private partnerships for infrastructure development, are crucial drivers fueling the expansion of the ETC market.
Increasing Traffic Congestion and Need for Efficient Toll Management- One of the main reasons the Electronic Toll Collection market is growing with increasing vehicle numbers and sophistication is that traditional toll collection methods become inadequate, leading to long queues and delays. ETC systems streamline toll collection by enabling automatic, cashless transactions, reducing congestion at toll plazas, and enhancing the general travel experience. The efficiency and convenience of ETC systems drive their adoption by governments and transportation authorities seeking to improve traffic flow and reduce environmental impact through decreased vehicle idling.
We have various report editions of Electronic Toll Collection Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In January 2024, Neology entered into a contract with the Humber Bridge Board (UK), the board responsible for managing and maintaining the Humber Bridge. According to the contract, Neology is expected to provide end-to-end tolling capability roadside systems, back-office solutions, website, and mobile app solutions to HBB. (Source: https://www.itsinternational.com/its1/news/neology-wins-multi-million-dollar-humber-bridge-toll-contract)
Top Companies Market Share in Electronic Toll Collection Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted to be around 40% of the global revenue attributable to its advanced infrastructure, widespread adoption of electronic tolling systems, and significant investments in smart transportation technologies. The region's focus on reducing traffic congestion and improving toll collection efficiency drives the growth of the electronic toll collection market.
Asia-Pacific stands out as the fastest-growing region in the Electronic Toll Collection market due to the increasingly sophisticated government initiatives to improve transportation infrastructure and the adoption of smart city technologies in countries like China, India, and Japan, enhancing toll collection efficiency and reducing traffic congestion.
The current report Scope analyzes Electronic Toll Collection Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Electronic Toll Collection Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electronic Toll Collection Industry growth. Electronic Toll Collection market has been segmented with the help of its By Technology:, By Offering: By Application:, and others. Electronic Toll Collection market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In terms of market segmentation split by By Technology: we have analyzed RFID, DSRC on the basis of key leading segment revenue and share along with reasons behind its dominance across the global as well as region level. Additionally, we have also incorporated revenue and Y-O-Y growth of each segment with detailed qualitative analysis.
By Technology: of Electronic Toll Collection analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electronic Toll Collection Industry. Request a Free Sample PDF!
Market segmentation based on By Offering: explains not only the historical market size/share data of Hardware, Back office but also the forecasted revenue growth. This will also help to analyze the demand for Electronic Toll Collection across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key By Offering: of Electronic Toll Collection are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to cognitive market research, Urban Areas are the dominant category due to high traffic volumes and the need for efficient congestion management. The performance of electronic tolling systems in densely populated regions enhances traffic flow, reduces bottlenecks, and supports smart city initiatives, driving demand and market expansion for electronic toll collection solutions.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Electronic Toll Collection Market is witnessing significant growth in the near future.
In 2023, the RFID segment accounted for noticeable share of global Electronic Toll Collection Market and is projected to experience significant growth in the near future.
The Hardware segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Kapsch TrafficCom AG (Austria) , Inc. (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
By Technology: | RFID, DSRC |
By Offering: | Hardware, Back office |
By Application: | Highways, Urban Areas |
By Type: | Transponders/Tag-Based Tolling Systems, Other Tolling Systems |
List of Competitors | Kapsch TrafficCom AG (Austria), Conduent, Inc. (US), TransCore (US), Thales (France), Cubic Corporation (US), Infineon Technologies AG (Germany), Siemens (Germany), EFKON GmbH (Austria), Neology, Inc. (US), FEIG ELECTRONIC (Germany) |
This chapter will help you gain GLOBAL Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review Global Electronic Toll Collection Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review North America Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review Europe Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review Asia Pacific Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review South America Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review Middle East Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Electronic Toll Collection. Further deep in this chapter, you will be able to review Middle East Electronic Toll Collection Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Electronic Toll Collection. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation By Technology: Analysis 2019 -2031, will provide market size split by By Technology:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by By Technology: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by By Offering: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by By Application: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by By Type: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electronic Toll Collection market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why RFID have a significant impact on Electronic Toll Collection market? |
What are the key factors affecting the RFID and DSRC of Electronic Toll Collection Market? |
What is the CAGR/Growth Rate of Hardware during the forecast period? |
By type, which segment accounted for largest share of the global Electronic Toll Collection Market? |
Which region is expected to dominate the global Electronic Toll Collection Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|