Electronic Toll Collection Market Size- By Type, By Technology, By Offering, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER Market Research, 'Electronic Toll Collection Market Size- By Type, By Technology, By Offering, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Electronic Toll Collection Market is predicted to reach USD 25.08 billion by 2033 with a CAGR of 10.78%.

High-end technology called electronic toll collection (ETC) allows tolls to be collected automatically without the car having to stop. In order to effectively control traffic in extremely congested locations and facilitate toll collection, it makes use of the most recent technical solutions, including video analytics, GPS & GNSS toll collecting and tracking solutions, and DSRC.

the COVID-19 pandemic caused a catastrophic slowdown in the world economy, which had a substantial effect on the transportation and logistics industry. Government-imposed lockdowns across the globe caused disruptions to human and vehicular traffic, posing operational hurdles to logistics and transportation companies. Government development projects, such as bridges and roads, were put on hold, which decreased the use of automated technologies and hindered market expansion. Negative consequences were seen in toll collecting in Europe, the United States, Canada, and India.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Type, By Technology, By Offering, By Application

Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered: American Traffic Solutions, Conduent Inc., Cubic Corporation, Electronic Transaction Consultants Corporation, Far Eastern Electronic Toll Collection Co Ltd., Kapsch TrafficCom AG, MITSUBISHI HEAVY INDUSTRIES LTD, Perceptics LLC,

Market Segmentation

By Type: Based on the Type, Global Electronic Toll Collection Market is segmented as; Automated Vehicle Classification, Automated Vehicle Identification, Transaction Processing, Violation Enforcement System.

By Technology: Based on the Technology, Global Electronic Toll Collection Market is segmented as; Dedicated Short-range Communication (DSRC), GNSS & GPS, Infrared, Radio-frequency Identification (RFID), Video Analytics.

By Offering: Based on the Offering, Global Electronic Toll Collection Market is segmented as; Hardware, Back Office, Other Services.

Product Code: IACT23191

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Electronic Toll Collection Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Electronic Toll Collection Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electronic Toll Collection Market

7. Global Electronic Toll Collection Market, By Type (USD Million)

7.1. Global Electronic Toll Collection Market Value Share and Forecast, By Type, 2023-2033
7.2. Automated Vehicle Classification
7.3. Automated Vehicle Identification
7.4. Transaction Processing
7.5. Violation Enforcement System

8. Global Electronic Toll Collection Market, By Technology (USD Million)

8.1. Global Electronic Toll Collection Market Value Share and Forecast, By Technology, 2023-2033
8.2. Dedicated Short-range Communication (DSRC)
8.3. GNSS & GPS
8.4. Infrared
8.5. Radio-frequency Identification (RFID)
8.6. Video Analytics

9. Global Electronic Toll Collection Market, By Offering (USD Million)

9.1. Global Electronic Toll Collection Market Value Share and Forecast, By Offering, 2023-2033
9.2. Hardware
9.3. Back Office
9.4. Other Services

10. Global Electronic Toll Collection Market, By Application (USD Million)

10.1. Global Electronic Toll Collection Market Value Share and Forecast, By Application, 2023-2033
10.2. Highways
10.3. Urban

11. Global Electronic Toll Collection Market Forecast, 2019-2033 (USD Million)

11.1. Global Electronic Toll Collection Market Size and Market Share

12. Global Electronic Toll Collection Market, By Type, 2019-2033 (USD Million)

12.1. Global Electronic Toll Collection Market Size and Market Share By Type (2019-2026)
12.2. Global Electronic Toll Collection Market Size and Market Share By Type (2027-2033)

13. Global Electronic Toll Collection Market, By Technology, 2019-2033 (USD Million)

13.1. Global Electronic Toll Collection Market Size and Market Share By Technology (2019-2026)
13.2. Global Electronic Toll Collection Market Size and Market Share By Technology (2027-2033)

14. Global Electronic Toll Collection Market, By Offering, 2019-2033 (USD Million)

14.1. Global Electronic Toll Collection Market Size and Market Share By Offering (2019-2026)
14.2. Global Electronic Toll Collection Market Size and Market Share By Offering (2027-2033)

15. Global Electronic Toll Collection Market, By Application, 2019-2033 (USD Million)

15.1. Global Electronic Toll Collection Market Size and Market Share By Application (2019-2026)
15.2. Global Electronic Toll Collection Market Size and Market Share By Application (2027-2033)

16. Global Electronic Toll Collection Market, By Region, 2019-2033 (USD Million)

16.1. Global Electronic Toll Collection Market Size and Market Share By Region (2019-2026)
16.2. Global Electronic Toll Collection Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
- 16.3.1. Australia
- 16.3.2. China
- 16.3.3. India
- 16.3.4. Japan
- 16.3.5. South Korea
- 16.3.6. Rest of Asia-Pacific
16.4. Europe
- 16.4.1. France
- 16.4.2. Germany
- 16.4.3. Italy
- 16.4.4. Spain
- 16.4.5. United Kingdom
- 16.4.6. Rest of Europe
16.5. Middle East and Africa
- 16.5.1. Kingdom of Saudi Arabia
- 16.5.2. United Arab Emirates
- 16.5.3. Rest of Middle East & Africa
16.6. North America
- 16.6.1. Canada
- 16.6.2. Mexico
- 16.6.3. United States
16.7. Latin America
- 16.7.1. Argentina
- 16.7.2. Brazil
- 16.7.3. Rest of Latin America

17. Company Profile

17.1. American Traffic Solutions
- 17.1.1. Company details
- 17.1.2. Financial outlook
- 17.1.3. Product summary
- 17.1.4. Recent developments
17.2. Conduent Inc.
- 17.2.1. Company details
- 17.2.2. Financial outlook
- 17.2.3. Product summary
- 17.2.4. Recent developments
17.3. Cubic Corporation
- 17.3.1. Company details
- 17.3.2. Financial outlook
- 17.3.3. Product summary
- 17.3.4. Recent developments
17.4. Electronic Transaction Consultants Corporation
- 17.4.1. Company details
- 17.4.2. Financial outlook
- 17.4.3. Product summary
- 17.4.4. Recent developments
17.5. Far Eastern Electronic Toll Collection Co Ltd.
- 17.5.1. Company details
- 17.5.2. Financial outlook
- 17.5.3. Product summary
- 17.5.4. Recent developments
17.6. Kapsch TrafficCom AG
- 17.6.1. Company details
- 17.6.2. Financial outlook
- 17.6.3. Product summary
- 17.6.4. Recent developments
17.7. MITSUBISHI HEAVY INDUSTRIES LTD
- 17.7.1. Company details
- 17.7.2. Financial outlook
- 17.7.3. Product summary
- 17.7.4. Recent developments
17.8. Perceptics LLC
- 17.8.1. Company details
- 17.8.2. Financial outlook
- 17.8.3. Product summary
- 17.8.4. Recent developments
17.9. Raytheon Company
- 17.9.1. Company details
- 17.9.2. Financial outlook
- 17.9.3. Product summary
- 17.9.4. Recent developments
17.10. Siemens AG
- 17.10.1. Company details
- 17.10.2. Financial outlook
- 17.10.3. Product summary
- 17.10.4. Recent developments
17.11. Star Systems International
- 17.11.1. Company details
- 17.11.2. Financial outlook
- 17.11.3. Product summary
- 17.11.4. Recent developments
17.12. Thales Group
- 17.12.1. Company details
- 17.12.2. Financial outlook
- 17.12.3. Product summary
- 17.12.4. Recent developments
17.13. Toll Collect GmbH
- 17.13.1. Company details
- 17.13.2. Financial outlook
- 17.13.3. Product summary
- 17.13.4. Recent developments
17.14. TOSHIBA CORPORATION
- 17.14.1. Company details
- 17.14.2. Financial outlook
- 17.14.3. Product summary
- 17.14.4. Recent developments
17.15. Others