Electronic Toll Collection Market is predicted to reach USD 16.8 billion at a CAGR of 7.1% during the forecast period

Market Research Future (MRFR) published a cooked research report on "Global Electronic Toll Collection Market".

MRFR recognizes the following companies as the key players in the global Electronic Toll Collection market— Abertis, Sanef, Atlantia S.p.A, Conduent Inc., Cubic Corporation, Denso Corporation, EFKON GMBH, GeoToll, International Road Dynamics Inc., Kapsch TrafficCom AG, Neology Inc., Perceptics LLC, Q-Free ASA, Raytheon Company, Siemens AG, Transcore, Thales Group, and Others.

Electronic Toll Collection Market Highlights

The global Electronic Toll Collection market is accounted to register a CAGR of 7.1% during the forecast period and is estimated to reach USD 16.8 billion by 2030.

The Electronic Toll Collection (ETC) market involves the use of electronic systems and devices for automated toll payment and collection on roads and bridges. It eliminates the need for manual cash transactions and enables seamless, efficient, and convenient tolling experiences for both authorities and commuters. The market serves transportation agencies, toll road operators, and drivers, aiming to improve traffic flow and enhance overall transportation efficiency.

Segment Analysis

The global Electronic Toll Collection market has been segmented based Technology, Means of Collection, and Application.

Based on technology, the market is segmented into automatic vehicle identification (AVI), automated vehicle classification (AVC), violation enforcement system (VES), and toll transaction processing system Toll Transaction Processing System is expected to hold a largest market share in electronic toll collection market. A toll transaction processing system charges a toll to users without requiring any action or stopping

Based on means of collection, the global Electronic Toll Collection market has been segmented into prepaid and postpaid The postpaid segment accounted for the larger market share in 2021. However, prepaid segment is projected to exhibit a CAGR of 8.6%

Based on End User, the global Electronic Toll Collection market has been segmented into roads, bridges, tunnels, and ferries Roads segment is expected to hold a largest market share. Roads tolls save time and reduce energy consumption by reducing stop-and-go traffic associated with vehicles approaching toll plazas, parking to pay tolls, and speeding up, rejoining the normal traffic flow

Regional Analysis

The global Electronic Toll Collection market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Electronic Toll Collection market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Electronic Toll Collection market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Electronic Toll Collection market comprises of Middle East, Africa, and Latin America.

The North America Electronic Toll Collection Market dominated this market in 2021 (38.0%). is projected to increase at a significant growth rate in the future

Additionally, The United States and Canada have the most autos per person in North America, which is one of the most critical factors propelling the electronic toll collection market ahead.

Furthermore, both countries have the world's largest interstate and state road networks, with innovative toll collection systems deployed in numerous locations and other toll installation projects for high-traffic parts underway. Furthermore, advancements such as real-time vehicle tracking and monitoring via GPS/GNSS, as well as the deployment of RFID sensors in developing countries such as Japan, China, and India, are propelling the electronic toll collection industry forward.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Electronic Toll Collection Market Research Report

Key Findings of the Study

• The global Electronic Toll Collection market is expected to reach USD 16.8 billion by 2032, at a CAGR of 7.1% during the forecast period.


• The North America Electronic Toll Collection Market dominated this market in 2021 (38.0%). is projected to increase at a significant growth rate in the future


• Based on End User, Roads segment is expected to hold a largest market share. Roads tolls save time and reduce energy consumption by reducing stop-and-go traffic associated with vehicles approaching toll plazas, parking to pay tolls, and speeding up, rejoining the normal traffic flow


• Abertis, Sanef, Atlantia S.p.A, Conduent Inc., Cubic Corporation, Denso Corporation, EFKON GMBH, GeoToll, International Road Dynamics Inc., Kapsch TrafficCom AG, Neology Inc., Perceptics LLC, Q-Free ASA, Raytheon Company, Siemens AG, Transcore, Thales Group, and Others.