Product Code: TMRGL86084
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.
Market Snapshot |
Market Value in 2023 | US$ 16.2 Bn |
Market Value in 2034 | US$ 33.9 Bn |
CAGR | 6.7% |
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.
Table of Contents
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