Global Electronic Toll Collection Market Size, Status and Forecast 2020-2026

Electronic toll collection is used to collect tolls on roads by electronic methods.
This technology determines that the cars and other automobiles that pass through the toll are enrolled in the system. If not, it alerts the tax collectors that the respective cars are not enrolled in the system. The toll from the enrolled cars is automatically debited, thus avoiding the need for the car to stop at the collection counter.

Market Analysis and Insights: Global Electronic Toll Collection Market
The global Electronic Toll Collection market size is projected to reach US$ 5033.8 million by 2026, from US$ 4840.9 million in 2020, at a CAGR of 3.7%% during 2021-2026.

Global Electronic Toll Collection Scope and Market Size
Electronic Toll Collection market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Electronic Toll Collection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study

3M
Xerox
Conduent Business Services
Q-Free ASA
Cubic Transportation
Siemens
Thales
Transurban
International Road Dynamics
Raytheon

Market segment by Type, the product can be split into

Automatic Vehicle Identification (AVI)
Automatic Vehicle Classification (AVC)
Back Office and Integration
Violation Enforcement System (VES)

Market segment by Application, split into

Highway tolling
Urban tolling

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India

Frequently Asked Questions