市場調查報告書
商品編碼
1544172
ETC(電子不停車收費)市場規模、佔有率、成長分析:按應用、按產品、按技術、按地區 - 行業預測,2024-2031 年Electronic Toll Collection Market Size, Share, Growth Analysis, By Application, By Offering, By Technology (Radio Frequency Identification, Dedicated Short Range Communication ), By Region - Industry Forecast 2024-2031 |
2022年ETC(電子不停車收費)的全球市場規模估值為85億美元,從2023年的91.4億美元增至2031年的152.3億美元,在預測期內(2024-2031年)預計將以複合年增率成長6.6%。
ETC市場旨在簡化收費流程並改善整體交通體驗。有多個因素推動 ETC 市場的成長。快速的都市化和人口成長導致車輛持有和交通量的增加,需要更有效的收費系統。世界各地的政府和交通當局正在認知到 ETC 的好處,包括減少交通堵塞、改善空氣品質和提高運輸效率。儘管出現積極成長,ETC 市場仍面臨一定的挑戰。主要障礙之一是安裝必要基礎設施(例如收費站、電子標籤和後端系統)的初始成本很高。此外,確保不同收費系統之間的互通性是一項挑戰,特別是對於使用不同技術跨地區和國家行駛的駕駛者而言。解決這些問題需要收費公路當局之間的標準化工作和合作。然而,ETC 市場存在巨大的成長和創新機會。車對車 (V2I) 和車對車 (V2X)通訊技術的進步為將 ETC 與交通管理系統和聯網汽車等其他智慧交通解決方案整合提供了可能性。雖然需要解決實施成本和互通性等挑戰,但在高效收費流程和增強運輸系統需求的推動下,ETC 市場有望大幅成長。
Global Electronic Toll Collection Market size was valued at USD 8.5 Billion in 2022 and is poised to grow from USD 9.14 Billion in 2023 to USD 15.23 Billion by 2031, at a CAGR of 6.6% during the forecast period (2024-2031).
The electronic toll collection (ETC) market aims to enhance toll collection efficiency and improve the overall transportation experience. Several factors are fueling the growth of the ETC market. Rapid urbanization and population increases have led to higher vehicle ownership and traffic volumes, necessitating more effective toll collection systems. Governments and transportation authorities around the world are recognizing the advantages of electronic tolling, including reduced traffic congestion, better air quality, and increased transportation efficiency. Despite its positive growth, the ETC market faces certain challenges. One major obstacle is the high initial cost of implementing the necessary infrastructure, such as toll gantries, electronic tags, and backend systems. Additionally, ensuring interoperability between different tolling systems presents a challenge, especially for motorists traveling across regions or countries with varying technologies. Addressing these issues requires standardization efforts and collaboration among toll authorities. However, the ETC market offers considerable opportunities for growth and innovation. Advances in vehicle-to-infrastructure (V2I) and vehicle-to-everything (V2X) communication technologies provide the potential for integrating electronic tolling with other smart transportation solutions, such as traffic management systems and connected vehicles. While challenges like implementation costs and interoperability need to be addressed, the ETC market is poised for significant development driven by the need for efficient toll collection processes and enhanced transportation systems.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Electronic Toll Collection market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Electronic Toll Collection Market Segmental Analysis
The global electronic toll collection market is segmented by application, type, technology, offering, toll payment method, and region. Based on application, the market is segmented into highways, and urban areas. In terms of type, the market is segmented into transponder and other types. Based on technology, the market is segmented into Radio Frequency Identification (RFID), Dedicated Short Range Communication (DSRC), and others. Based on offering, the market is segmented into Hardware and Backoff. Based on toll payment method, the market is segmented into prepaid, postpaid and combination. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Electronic Toll Collection Market
Governments globally have been pivotal in advancing the adoption of electronic toll collection systems. In 2023, many governments launched or expanded electronic tolling initiatives to upgrade transportation infrastructure and enhance travel experiences. For instance, in India, the National Highways Authority of India (NHAI) required the implementation of the FASTag program at all toll plazas on national highways. This initiative aimed to facilitate cashless transactions, alleviate traffic congestion, and improve the efficiency of toll collection.
Restraints in the Global Electronic Toll Collection Market
The significant upfront costs of installing tolling systems present a major challenge. Upgrading existing toll plazas or setting up new electronic tolling infrastructure requires considerable investments in hardware, software, communication networks, and backend systems. This financial burden can be particularly difficult for toll authorities, especially in areas with constrained budgets or limited financial resources.
Market Trends of the Global Electronic Toll Collection Market
In 2023, a notable trend in the electronic toll collection market was the integration of tolling systems with connected vehicles and mobility solutions. Advances in vehicle-to-infrastructure (V2I) and vehicle-to-everything (V2X) communication technologies facilitated smooth interactions between vehicles and toll systems. This integration allowed for features like real-time toll information, automatic toll payment deductions, and customized travel recommendations.