Electronic Toll Collection Systems Market Scope And Analysis

Report Code : TIPRE00002764
Category : Electronics and Semiconductor

Status : Published
No. of Pages : 177

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Electronic Toll Collection System Market - Analysis 2031

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Electronic Toll Collection System Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 5.54 Billion
Market Size by 2030	US$ 14.37 Billion
Global CAGR (2022 - 2030)	12.6%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Offering Systems and Services By Technology RFID DSRC ANPR GNSS By Application Highways and Urban Zones
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Conduent Inc Kapsch TrafficCom AG Thales SA Toshiba Infrastructure Systems and Solutions Corp TransCore LP Magnetic Autocontrol GmbH The Revenue Markets Inc Sociedad Iberica de Construcciones Electricas SA P Square Solutions LLC Verra Mobility Corp

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the electronic toll collection system market. A few recent key electronic toll collection system market developments are listed below:

In April 2023, Kapsch launched the automatic number plate recognition (ANPR) software update. This update automatically recognizes a license plate that is a number plate, depending on the application.
In February 2022, Guatemalan highway operator SiVA announced the deployment of Thales' Peage Intelligent Transport Zero (PITZ) electronic toll collection system along the country's vital Palin-Escuintla toll road corridor.