Electronic Toll Collection Market

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Opportunities in Electronic Toll Collection Market
    4.2 Electronic Toll Collection Market, By Type and Offering
    4.3 Electronic Toll Collection Market, By Technology
    4.4 Electronic Toll Collection Market, By Application
    4.5 Electronic Toll Collection Market, By Region

5 Market Overview (Page No. - 39)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Effective Solution to Overcome Traffic Congestion With Improved Traffic Flow Per Lane
                    5.1.1.2 Increased Allocation of Funds for the Deployment of Its By Various Governments
                    5.1.1.3 Reduced Environmental Pollution Using ETC Systems
                    5.1.1.4 Improved Convenience Due to Cashless Travel Facility
                    5.1.1.5 Development of Smart Cities Across the World
           5.1.2 Restraints
                    5.1.2.1 Slow Growth in Infrastructure Sector in Underdeveloped Countries
                    5.1.2.2 High Operating Costs
           5.1.3 Opportunities
                    5.1.3.1 Increasing Investment Opportunities in Economically and Technologically Developing Countries
                    5.1.3.2 Rising Number of Public–Private Partnership (PPP) Agreements in Transportation Sector
                    5.1.3.3 Increasing Transition to All-Electronic Tolling (AET) Systems
           5.1.4 Challenges
                    5.1.4.1 Challenges Related to Interoperability, Standardization, and Toll Technology Selection
    5.2 Value Chain: ETC Market

6 Industry Trends (Page No. - 46)
    6.1 Interoperability Types and Burning Issues
           6.1.1 Interoperability of Network, Devices, and Contracts in Tolling
           6.1.2 Need for Improved Transport and Infrastructure
           6.1.3 Stagnant Gas Tax Rates in Americas

7 Electronic Toll Collection Market, By Type (Page No. - 48)
    7.1 Introduction
    7.2 Transponder- Or Tag-Based Tolling Systems
           7.2.1 Transponders/Tags Have Witnessed High Adoption Due Their Applicability in RFID, DSRC and Satellite Based Tolling
    7.3 Other Tolling Systems
           7.3.1 Use of Video Analytics Decreases the Possibility of Scams and Frauds Related to Toll Violation

8 Electronic Toll Collection Market, By Technology (Page No. - 53)
    8.1 Introduction
    8.2 Radio-Frequency Identification (RFID)
           8.2.1 RFID Tags are Cheaper as Compared to GNSS and DSRC Tags
    8.3 Dedicated Short-Range Communication (DSRC)
           8.3.1 DSRC Based Tags Remain Unaffected By Privacy/Data Protection Issues
    8.4 Other Technologies
           8.4.1 Video Analytics /ANPR/ALPR
                    8.4.1.1 Video Analytics Helps in the Identification of Vehicles With Invalid Tags Passing Through the Toll Systems
           8.4.2 Global Navigation Satellite System/Global Positioning System (GNSS/GPS)
                    8.4.2.1 The Popularity of Satellite Based Tolling is Increasing Owing to Its Less Infrastructural Costs
           8.4.3 Weight-Based Tolling
                    8.4.3.1 By Detecting Overloaded Vehicles, Weigh-Based Tolling Have Additionally Contributed to the Safety of the Vehicles

9 Electronic Toll Collection Market, By Offering (Page No. - 61)
    9.1 Introduction
    9.2 Hardware
           9.2.1 Hardware of ETC Systems Comprises of Roadside Equipment and On-Board Units (OBUs)
    9.3 Back Office and Other Services
           9.3.1 Back Office Services Contribute to Account Management, Billing, Legal Support, and Inquiry Handling

10 Electronic Toll Collection Market, By Application (Page No. - 66)
     10.1 Introduction
     10.2 Highways
             10.2.1 Highways is the Prominent Application for the ETC Systems
     10.3 Urban Areas
             10.3.1 ETC Systems Have Helped in Reducing Traffic Congestion Issues in Urban Areas

11 Parameters for Charging Toll Amount (Page No. - 71)
     11.1 Introduction
     11.2 Distance Based
             11.2.1 Distance Based Tolling is Categorized as Closed Tolling and Open Tolling
     11.3 Point Based
             11.3.1 Point Based Tolling Charges Fixed Amount of Tolling Irrespective of the Distance Travelled
     11.4 Time Based
             11.4.1 Time Based Tolling Charges Drivers for Utilizing Partial Or Whole Road Network
     11.5 Perimeter Based
             11.5.1 Perimeter Based Tolling is Also Referred as Congestion Charge at Some Places

12 Geographical Analysis (Page No. - 73)
     12.1 Introduction
     12.2 Americas
             12.2.1 North America
                        12.2.1.1 Us
                                     12.2.1.1.1 US is the Largest Market for ETC in North America Region
                        12.2.1.2 Canada
                                     12.2.1.2.1 Canada ETC Market is Expected to Grow at A Higher CAGR Owing to Significant Investment By ETC Players
                        12.2.1.3 Mexico
                                     12.2.1.3.1 Highways are Expected to Be the Largest Contributors in the ETC Market of Mexico
             12.2.2 South America
                        12.2.2.1 Brazil
                                     12.2.2.1.1 Sao Paulo Was the First Multi-Lane Free-Flow (Mlff) Toll System in Brazil in 2013
                        12.2.2.2 Rest of South America
                                     12.2.2.2.1 Chile, Paraguay, Peru, and Guyana are the Major Contributors to the ETC Market in Rest of South America
     12.3 Europe
             12.3.1 UK
                        12.3.1.1 Enhanced Technologies, Increased Concerns to Address Traffic Problems to Drive ETC Market in the UK
             12.3.2 Germany
                        12.3.2.1 Advanced Transportation Infrastructure in Germany has Propelled the Growth of ETC Systems
             12.3.3 France
                        12.3.3.1 Deployment of ETC Systems is Well Established in France
             12.3.4 Italy
                        12.3.4.1 Italy has Resolved Interoperability Issue With the Use of Telepass
             12.3.5 Rest of Europe
                        12.3.5.1 Economies Such as Austria, Ireland, and Spain to Drive ETC Market in This Region
     12.4 APAC
             12.4.1 Japan
                        12.4.1.1 Japan is Among the Major ETC Contributors in the APAC Region
             12.4.2 China
                        12.4.2.1 Heavy Investment By the Government in Its has Propelled the Growth of ETC Market in China
             12.4.3 South Korea
                        12.4.3.1 South Korea has Done Major Developments in Electronic Tolling Systems Like Hi-Pass Cards
             12.4.4 Australia
                        12.4.4.1 ETC Market in Australia is Expected to Grow at A High CAGR During Forecast Period
             12.4.5 Rest of APAC
                        12.4.5.1 Emerging Economies to Drive the ETC Market in Rest of APAC
     12.5 RoW
             12.5.1 Middle East
                        12.5.1.1 UAE
                                     12.5.1.1.1 UAE has Well Organized ETC Market With Salik
                        12.5.1.2 Rest of Middle East
                                     12.5.1.2.1 Deployment of ETC Systems in Rest of Middle East is Expected to Grow in the Upcoming Years
             12.5.2 Africa
                        12.5.2.1 South Africa
                                     12.5.2.1.1 Sanral is an Operator of the Toll Roads in South Africa
                        12.5.2.2 Rest of Africa
                                     12.5.2.2.1 Rest of Africa to Grow Gradually in the Upcoming Years Owing to the Improved Need of Infrastructure

13 Competitive Landscape (Page No. - 109)
     13.1 Overview
     13.2 Market Ranking Analysis (2017)
     13.3 Competitive Scenario
     13.4 Recent Developments (Top 5 Players)
             13.4.1 Product Launches
             13.4.2 Partnerships/Collaborations/Agreements/Acquisitions

14 Company Profiles (Page No. - 114)
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
     14.1 Key Players
             14.1.1 Kapsch Trafficcom AG
             14.1.2 Transcore (Roper Technologies)
             14.1.3 Raytheon Company
             14.1.4 Conduent Incorporated (Formerly Xerox Corporation)
             14.1.5 Thales Group
             14.1.6 Cubic Transportation Systems, Inc.
             14.1.7 Vinci
             14.1.8 Siemens AG
             14.1.9 Efkon GmbH
             14.1.10 Neology (Formerly 3M)
     14.2 Other Key Players
             14.2.1 Toshiba
             14.2.2 Mitsubishi Heavy Industries, Ltd.
             14.2.3 Abertis
             14.2.4 Q-Free
             14.2.5 Quarterhill (International Road Dynamics)
             14.2.6 Tecsidel S.A.
             14.2.7 Perceptics
             14.2.8 Star Systems International
             14.2.9 G.E.A.
             14.2.10 Electronic Transaction Consultants (ETC) Corporation
             14.2.11 Arh Inc.
             14.2.12 Sociedad Ibérica De Construcciones Eléctricas, S.A. (SICE)
             14.2.13 Autostrade Per L'italia Spa (Atlantia)
             14.2.14 Jenoptik
             14.2.15 Norbit
     14.3 Key Innovators
             14.3.1 Far Eastern Electronic Toll Collection Co. (FETC)
             14.3.2 Toll Collect GmbH
             14.3.3 Geotoll
             14.3.4 Indra Sistemas, S.A.
             14.3.5 Kistler Group
             14.3.6 American Traffic Solutions

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 155)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details

List of Tables (65 Tables)

Table 1 Electronic Toll Collection Market, By Type, 2015–2023 (USD Billion)
Table 2 Electronic Toll Collection Market for Transponder/Tag-Based Tolling Systems, By Region, 2015–2023 (USD Billion)
Table 3 Electronic Toll Collection Market for Other Tolling Systems, By Region, 2015–2023 (USD Billion)
Table 4 Electronic Toll Collection Market, By Technology, 2015–2023 (USD Billion)
Table 5 Electronic Toll Collection Market for RFID Technology, By Region, 2015–2023 (USD Billion)
Table 6 Electronic Toll Collection Market for DSRC Technology, By Region, 2015–2023 (USD Billion)
Table 7 Electronic Toll Collection Market for Other Technologies, By Region, 2015–2023 (USD Billion)
Table 8 Electronic Toll Collection Market, By Offering, 2015–2023 (USD Billion)
Table 9 Electronic Toll Collection Market for Hardware, By Region, 2015–2023 (USD Billion)
Table 10 Electronic Toll Collection Market for Back Office and Other Services, By Region, 2015–2023 (USD Billion)
Table 11 Electronic Toll Collection Market, By Application, 2015–2023 (USD Billion)
Table 12 Electronic Toll Collection Market for Highways, By Region, 2015–2023 (USD Billion)
Table 13 Electronic Toll Collection Market for Urban Areas, By Region, 2015–2023 (USD Billion)
Table 14 Electronic Toll Collection Market, By Region,2015–2023 (USD Billion)
Table 15 Electronic Toll Collection Market in Americas, By Region, 2015–2023 (USD Billion)
Table 16 Electronic Toll Collection Market in North America, By Country, 2015–2023 (USD Billion)
Table 17 Electronic Toll Collection Market in South America, By Country, 2015–2023 (USD Billion)
Table 18 Electronic Toll Collection Market in Americas, By Type, 2015–2023 (USD Billion)
Table 19 Electronic Toll Collection Market in Americas, By Technology, 2015–2023 (USD Million)
Table 20 Electronic Toll Collection Market in Americas, By Offering, 2015–2023 (USD Billion)
Table 21 Electronic Toll Collection Market in Americas, By Application, 2015–2023 (USD Billion)
Table 22 Electronic Toll Collection Market in US, By Application, 2015–2023 (USD Million)
Table 23 Electronic Toll Collection Market in Canada, By Application, 2015–2023 (USD Million)
Table 24 Electronic Toll Collection Market in Mexico, By Application, 2015–2023 (USD Million)
Table 25 Electronic Toll Collection Market in North America, By Type, 2015–2023 (USD Billion)
Table 26 Electronic Toll Collection Market in North America, By Technology, 2015–2023 (USD Billion)
Table 27 Electronic Toll Collection Market in North America, By Offering, 2015–2023 (USD Billion)
Table 28 Electronic Toll Collection Market in North America, By Application, 2015–2023 (USD Billion)
Table 29 Electronic Toll Collection Market in South America, By Type, 2015–2023 (USD Million)
Table 30 Electronic Toll Collection Market in South America, By Technology, 2015–2023 (USD Billion)
Table 31 Electronic Toll Collection Market in South America, By Offering, 2015–2023 (USD Billion)
Table 32 Electronic Toll Collection Market in South America, By Application, 2015–2023 (USD Million)
Table 33 Electronic Toll Collection Market in Europe, By Country, 2015–2023 (USD Billion)
Table 34 Electronic Toll Collection Market in Europe, By Type, 2015–2023 (USD Million)
Table 35 Electronic Toll Collection Market in Europe, By Technology, 2015–2023 (USD Billion)
Table 36 Electronic Toll Collection Market in Europe, By Offering, 2015–2023 (USD Billion)
Table 37 Electronic Toll Collection Market in Europe, By Application, 2015–2023 (USD Billion)
Table 38 Electronic Toll Collection Market in Uk, By Application, 2015–2023 (USD Million)
Table 39 Electronic Toll Collection Market in Germany, By Application, 2015–2023 (USD Million)
Table 40 Electronic Toll Collection Market in France, By Application, 2015–2023 (USD Million)
Table 41 Electronic Toll Collection Market in Italy, By Application, 2015–2023 (USD Million)
Table 42 Electronic Toll Collection Market in Rest of Europe, By Application, 2015–2023 (USD Billion)
Table 43 Electronic Toll Collection Market in APAC, By Country, 2015–2023 (USD Billion)
Table 44 Electronic Toll Collection Market in APAC, By Type, 2015–2023 (USD Billion)
Table 45 Electronic Toll Collection Market in APAC, By Technology, 2015–2023 (USD Billion)
Table 46 Electronic Toll Collection Market in APAC, By Offering, 2015–2023 (USD Billion)
Table 47 Electronic Toll Collection Market in APAC, By Application, 2015–2023 (USD Billion)
Table 48 Electronic Toll Collection Market in Japan, By Application, 2015–2023 (USD Million)
Table 49 Electronic Toll Collection Market in China, By Application, 2015–2023 (USD Million)
Table 50 Electronic Toll Collection Market in South Korea, By Application, 2015–2023 (USD Million)
Table 51 Electronic Toll Collection Market in Australia, By Application, 2015–2023 (USD Million)
Table 52 Electronic Toll Collection Market in Rest of APAC, By Application, 2015–2023 (USD Million)
Table 53 Electronic Toll Collection Market in RoW, By Region, 2015–2023 (USD Billion)
Table 54 Electronic Toll Collection Market in RoW, By Type, 2015–2023 (USD Million)
Table 55 Electronic Toll Collection Market in RoW, By Technology, 2015–2023 (USD Million)
Table 56 Electronic Toll Collection Market in RoW, By Offering, 2015–2023 (USD Billion)
Table 57 Electronic Toll Collection Market in RoW, By Application, 2015–2023 (USD Million)
Table 58 Electronic Toll Collection Market in Middle East, By Country, 2015–2023 (USD Billion)
Table 59 Electronic Toll Collection Market in Middle East, By Offering, 2015–2023 (USD Billion)
Table 60 Electronic Toll Collection Market in Middle East, By Application, 2015–2023 (USD Million)
Table 61 Electronic Toll Collection Market in Africa, By Offering, 2015–2023 (USD Million)
Table 62 Electronic Toll Collection Market in Africa, By Application, 2015–2023 (USD Million)
Table 63 Ranking of Key Concessionaires in Electronic Toll Collection Market, 2017
Table 64 Product Launches, 2016–2018
Table 65 Partnerships/Collaborations/Agreements/Acquisitions 2016–2018

List of Figures (45 Figures)

Figure 1 ETC Market Segmentation
Figure 2 ETC Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 RFID-Based Electronic Toll Collection Systems Accounted for Largest Market Size in 2017
Figure 7 Back Office & Other Services Accounted for Larger Share of Electronic Toll Collection Market, Based on Offering, in 2017
Figure 8 Transponder/Tag-Based Tolling Systems Accounted for Larger Share of Electronic Toll Collection Market, Based on Type, in 2017
Figure 9 Highways to Command Electronic Toll Collection Market During 2018–2023
Figure 10 Electronic Toll Collection Market, By Region, 2017
Figure 11 Use of Electronic Toll Collection System as Effective Solution to Overcome Traffic Congestion With Improved Traffic Flow Drives Market Growth
Figure 12 Transponder/Tag-Based Tolling Systems and Hardware Held Larger Share of Electronic Toll Collection Market, Based on Type and Offering, Respectively, in 2017
Figure 13 RFID-Based Electronic Toll Collection Systems Held Largest Market Share in 2017
Figure 14 Highways Held Larger Market Share Than Urban Areas in 2017
Figure 15 APAC to Witness Highest CAGR in Electronic Toll Collection Market From 2018 to 2023
Figure 16 Operating Cost as Percentage of Annual Toll Revenue
Figure 17 Value Chain of ETC
Figure 18 Electronic Toll Collection Market, By Type
Figure 19 Transponders/Tags to Grow Significantly During the Forecast Period
Figure 20 Americas to Account for Largest Market for Other Tolling Systems During 2018–2023
Figure 21 Electronic Toll Collection Market, By Technology
Figure 22 Europe to Account for Largest Size of Market for DSRC-Based ETC Systems By 2023
Figure 23 Electronic Toll Collection Market, By Offering
Figure 24 Americas to Command Electronic Toll Collection Market, in Terms of Size, for Back Office and Other Services During 2018–2023
Figure 25 Electronic Toll Collection Market, By Application
Figure 26 Americas Expected to Continue to Account for Largest Size of ETC Market for Urban Areas During Forecast Period
Figure 27 Parameters for Calculating Toll Amount
Figure 28 Electronic Toll Collection Market, By Region
Figure 29 Snapshot of ETC Market in Americas
Figure 30 Back Office and Other Services to Account for Larger Share of European Electronic Toll Collection Market, Based on Offering, By 2023
Figure 31 Snapshot of Electronic Toll Collection Market in APAC
Figure 32 Highways to Command Electronic Toll Collection Market, Based on Application, in APAC During Forecast Period
Figure 33 Hardware Segment to Exhibit Higher CAGR in Electronic Toll Collection Market in RoW During 2018–2023
Figure 34 Companies Adopted Product Launch as Key Growth Strategy From 2016 to 2018
Figure 35 Ranking of Key Players in Electronic Toll Collection Market, 2017
Figure 36 Market Evaluation Framework of Top 5 Players: Product Launches Fuelled Growth and Innovation From 2016 to 2018
Figure 37 Kapsch Trafficcom AG: Company Snapshot
Figure 38 Transcore (Roper Technologies): Company Snapshot
Figure 39 Raytheon Company: Company Snapshot
Figure 40 Conduent Corporation: Company Snapshot
Figure 41 Thales Group: Company Snapshot
Figure 42 Cubic Corporation (Parent Company): Company Snapshot
Figure 43 Vinci: Company Snapshot
Figure 44 Siemens AG: Company Snapshot
Figure 45 Strabag SE (Efkon AG): Company Snapshot