Electronic toll collection (ETC) is an automated system designed to gather tolls on highways, bridges, tunnels, and other roadways without necessitating vehicles to halt or decelerate at toll plazas. This technology offers drivers convenience by enabling uninterrupted passage through toll points, eliminating the need for cash payments or queuing at toll booths.
The primary types of electronic toll collection systems include Automatic Vehicle Classification (AVC), Violation Enforcement System (VES), Automatic Vehicle Identification System (AVIS), and other variants. AVC is a technology-driven system employed to identify and categorize vehicles based on their attributes such as size, weight, and axle count. These classifications serve various purposes including toll collection and traffic management. Payment methods typically involve prepaid, hybrid, and postpaid options, which are supported by technologies such as Radio Frequency Identification (RFID), Dedicated Short-Range Communication (DSRC), Global Navigation Satellite System (GNSS) or GPS, video analytics, cell phone tolling, and others. These technologies are utilized across highways and urban areas for efficient toll collection processes.
The electronic toll collection market research report is one of a series of new reports from The Business Research Company that provides electronic toll collection market statistics, including electronic toll collection industry global market size, regional shares, competitors with electronic toll collection market share, detailed electronic toll collection market segments, market trends, and opportunities, and any further data you may need to thrive in The electronic toll collection industry. This electronic toll collection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The electronic toll collection market size has grown strongly in recent years. It will grow from $8.71 billion in 2024 to $9.55 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to the rising demand for efficient traffic management, increasing adoption of digital technologies, need to enhance the speed and efficiency of traffic flow, rising demand for efficient toll-collection solutions, increasing use of advanced technologies for transport applications.
The electronic toll collection market size is expected to see strong growth in the next few years. It will grow to $13.8 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increasing traffic on the highways, rising adoption of video analytics, the increasing adoption of digital toll payments with rising highway construction investments, increasing demand of contactless operations in toll plaza, rising awareness of road accidents and road traffic. Major trends in the forecast period include integration of advanced technologies, shift towards all-electronic tolling (AET), interoperability and standardization, adoption of mobile-based solutions, focus on user experience and customer service.
The growth of the electronic toll collection market is expected to be driven by the increasing highway traffic. Highway traffic refers to the flow of vehicles on the road, which can be affected by congestion, traffic volume, and transportation demand. The rise in highway traffic is often due to factors such as inadequate urban planning, roadway expansion, and phantom traffic jams. Traditional toll booths cause delays, especially during peak hours, leading to congestion and longer travel times. Electronic toll collection systems, however, eliminate the need for vehicles to stop or slow down at toll booths, enabling smooth passage through tolling points. This efficiency helps reduce travel times for commuters and increases the throughput capacity of highways, allowing them to handle higher traffic volumes without causing significant delays. For example, in May 2024, according to gov.UK, a UK-based government website, car and taxi traffic in Great Britain increased by 3.0% in 2023 compared to 2022, totaling 251.3 billion vehicle miles. As a result, the growing traffic on highways is driving the expansion of the electronic toll collection market.
Key players in the electronic toll collection market are prioritizing the development of advanced solutions to enhance system efficiency. In January 2024, the National Highways Authority of India (NHAI) introduced the 'One Vehicle, One FASTag' initiative to streamline toll operations and improve user experience at toll plazas. This initiative discourages the use of a single FASTag for multiple vehicles and encourages FASTag customers to comply with Know Your Customer (KYC) requirements. By implementing this initiative, NHAI aims to ensure smooth and comfortable rides for users of national highways, thus driving the adoption of electronic toll collection systems.
In March 2022, Eurotoll SaS, a France-based transportation service provider, acquired the Telepass family and FAI Service for an undisclosed amount. This acquisition is aimed at bolstering Eurotoll's presence in the European commercial road transport market, enhancing its service offerings and operational capabilities. The integration of these companies is expected to establish a leading European entity in transport services, improving toll management solutions across the continent. The Telepass & FAI Service family is an Italy-based company that provides electronic toll collection systems throughout Europe.
Major companies operating in the electronic toll collection market are Raytheon Technologies Corporation, Mitsubishi Heavy Industries Ltd., Thales Group, Infineon Technologies AG, Siemens Mobility, Ferrovial S.E., Xerox Holdings Corporation, Conduent Inc., TransCore, Cubic Corporation, SKIDATA GmbH, VITRONIC, Kapsch TrafficCom, IBI Group Inc., Neology Inc., Sensys Gatso Group, Q-Free ASA, Autostrade per l'Italia S.p.A., EFKON AG, Star Systems International Ltd., Far Eastern Electronic Toll Collection Co. Ltd., Ingenico, Perceptics LLC, TagMaster, GeoToll Inc., Watchdata Technologies, Korea Smart Card Co. Ltd., Electronic Transaction Consultants LLC
North America was the largest region in the electronic toll collection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic toll collection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the electronic toll collection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electronic toll collection market consists of revenues earned by entities by providing services such as toll collection systems, transponder distribution, account management, data management and analytics, security services. The market value includes the value of related goods sold by the service provider or included within the service offering. The electronic toll collection market also includes sales of reader antennas, lane control equipment, maintenance and diagnostic tools, toll booth equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electronic Toll Collection Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electronic toll collection market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for electronic toll collection ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electronic toll collection market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Type: Automatic Vehicle Classification (AVC); Violation Enforcement System (VES); Automatic Vehicle Identification System (AVIS); Other Types
2) By Payment Method: Prepaid; Hybrid; Postpaid
3) By Technology: Radio Frequency Identification (RFID); Dedicated Short Range Communication (DSRC); Global Navigation Satellite System (GNSS) Or GPS; Video Analytics; Cell Phone Tolling; Other Technologies
4) By End-user: Highway; Urban Area
Subsegments:
1) By Automatic Vehicle Classification (Avc): Lane-Based Avc Systems; Non-Intrusive Avc Solutions; Weighted Classification Systems; Vehicle Axle Counting Systems; Vehicle Length And Height Detection Systems; Dynamic Classification Systems
2) By Violation Enforcement System (Ves): Automatic Number Plate Recognition (Anpr) Systems; Ticketing and Fines Management Systems; Cameras and Imaging Solutions For Violation Detection; Video Analytics For Toll Violation; Violation Detection for Hov Lanes; Crossing And Speed Limit Violation Detection Systems
3) By Automatic Vehicle Identification System (Avis): Rfid-Based Avis; Infrared And Optical Avis; Bluetooth-Based Vehicle Identification; Mobile App-Based Avis Solutions; Near-Field Communication (Nfc) for Vehicle Identification; License Plate Recognition (Lpr) Systems
4) By Other Types: Multi-Lane Free Flow (Mlff) Systems; Dedicated Short Range Communication (Dsrc) Systems; Gps and Satellite-Based Toll Collection Systems; Hybrid Tolling Systems; Smartphone And Mobile Payment Solutions For Tolling
3. Electronic Toll Collection Market Trends And Strategies
4. Electronic Toll Collection Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Electronic Toll Collection Growth Analysis And Strategic Analysis Framework
5.1. Global Electronic Toll Collection PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Electronic Toll Collection Market Growth Rate Analysis
5.4. Global Electronic Toll Collection Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Electronic Toll Collection Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Electronic Toll Collection Total Addressable Market (TAM)
6. Electronic Toll Collection Market Segmentation
6.1. Global Electronic Toll Collection Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Automatic Vehicle Classification (AVC)
Violation Enforcement System (VES)
Automatic Vehicle Identification System (AVIS)
Other Types
6.2. Global Electronic Toll Collection Market, Segmentation By Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Prepaid
Hybrid
Postpaid
6.3. Global Electronic Toll Collection Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Radio Frequency Identification (RFID)
Dedicated Short Range Communication (DSRC)
Global Navigation Satellite System (GNSS) Or GPS
Video Analytics
Cell Phone Tolling
Other Technologies
6.4. Global Electronic Toll Collection Market, Segmentation By End-user, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Highway
Urban Area
6.5. Global Electronic Toll Collection Market, Sub-Segmentation Of Automatic Vehicle Classification (Avc), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Lane-Based Avc Systems
Non-Intrusive Avc Solutions
Weighted Classification Systems
Vehicle Axle Counting Systems
Vehicle Length And Height Detection Systems
Dynamic Classification Systems
6.6. Global Electronic Toll Collection Market, Sub-Segmentation Of Violation Enforcement System (Ves), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Automatic Number Plate Recognition (Anpr) Systems
Ticketing and Fines Management Systems
Cameras and Imaging Solutions For Violation Detection
Video Analytics For Toll Violation
Violation Detection for Hov Lanes
Crossing And Speed Limit Violation Detection Systems
6.7. Global Electronic Toll Collection Market, Sub-Segmentation Of Automatic Vehicle Identification System (Avis), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Rfid-Based Avis
Infrared And Optical Avis
Bluetooth-Based Vehicle Identification
Mobile App-Based Avis Solutions
Near-Field Communication (Nfc) for Vehicle Identification
License Plate Recognition (Lpr) Systems
6.8. Global Electronic Toll Collection Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Multi-Lane Free Flow (Mlff) Systems
Dedicated Short Range Communication (Dsrc) Systems
Gps and Satellite-Based Toll Collection Systems
Hybrid Tolling Systems
Smartphone And Mobile Payment Solutions For Tolling
7. Electronic Toll Collection Market Regional And Country Analysis
7.1. Global Electronic Toll Collection Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Electronic Toll Collection Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion