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ETC Systems-Global Market Insights and Sales Trends 2024
Synopsis
An electronic toll collection (ETC) system is a sophisticated application that includes a group of technologies to provide automated non-stop cashless payment of road toll at toll plazas or toll collection center.
The global ETC Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of ETC Systems in various end use industries. The expanding demands from the Highway, Community, Campus and Other, are propelling ETC Systems market. Vehicle Automatic Understanding System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Short Range Communication segment is estimated at % CAGR for the next seven-year period.
The system works with various technology-enabled products such as transponders, antennas, sensors, and wireless communication devices equipped with RFID technology. The vehicles are charged toll, as they drive through the toll gates, by means of various wireless communication devices installed at toll gates and system devices mounted on the vehicle. The vehicle do not have to stop to pay the toll. The ETC system helps to reduce traffic congestion on highways and the traffic management process is also streamlined.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for ETC Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global ETC Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global ETC Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, ETC Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of ETC Systems covered in this report include Denso Corporation (Japan), Cubic Corporation (USA), Atlantia SpA (Italy), Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan), Siemens AG (Germany), Schneider Electric (France), TransCore (USA), Sanef (France) and Thales Group (France), etc.
The global ETC Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Denso Corporation (Japan)
Cubic Corporation (USA)
Atlantia SpA (Italy)
Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan)
Siemens AG (Germany)
Schneider Electric (France)
TransCore (USA)
Sanef (France)
Thales Group (France)
Xerox Corporation (USA)
OMRON Electronics (Japan)
Toll Collect GmbH (Germany)
Raytheon Company (USA)
Efkon AG (Austria)
International Road Dynamics, Inc (Canada)
Kapsch TrafficCom (Austria)
Global ETC Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global ETC Systems market, Segment by Type:
Vehicle Automatic Understanding System
Short Range Communication
Global Position Finding Satellite System
Other
Global ETC Systems market, by Application
Highway
Community
Campus
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of ETC Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of ETC Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An electronic toll collection (ETC) system is a sophisticated application that includes a group of technologies to provide automated non-stop cashless payment of road toll at toll plazas or toll collection center.
The global ETC Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of ETC Systems in various end use industries. The expanding demands from the Highway, Community, Campus and Other, are propelling ETC Systems market. Vehicle Automatic Understanding System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Short Range Communication segment is estimated at % CAGR for the next seven-year period.
The system works with various technology-enabled products such as transponders, antennas, sensors, and wireless communication devices equipped with RFID technology. The vehicles are charged toll, as they drive through the toll gates, by means of various wireless communication devices installed at toll gates and system devices mounted on the vehicle. The vehicle do not have to stop to pay the toll. The ETC system helps to reduce traffic congestion on highways and the traffic management process is also streamlined.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for ETC Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global ETC Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global ETC Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, ETC Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of ETC Systems covered in this report include Denso Corporation (Japan), Cubic Corporation (USA), Atlantia SpA (Italy), Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan), Siemens AG (Germany), Schneider Electric (France), TransCore (USA), Sanef (France) and Thales Group (France), etc.
The global ETC Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Denso Corporation (Japan)
Cubic Corporation (USA)
Atlantia SpA (Italy)
Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan)
Siemens AG (Germany)
Schneider Electric (France)
TransCore (USA)
Sanef (France)
Thales Group (France)
Xerox Corporation (USA)
OMRON Electronics (Japan)
Toll Collect GmbH (Germany)
Raytheon Company (USA)
Efkon AG (Austria)
International Road Dynamics, Inc (Canada)
Kapsch TrafficCom (Austria)
Global ETC Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global ETC Systems market, Segment by Type:
Vehicle Automatic Understanding System
Short Range Communication
Global Position Finding Satellite System
Other
Global ETC Systems market, by Application
Highway
Community
Campus
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of ETC Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of ETC Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 ETC Systems Market Overview
1.1 ETC Systems Product Overview
1.2 ETC Systems Market Segment by Type
1.2.1 Vehicle Automatic Understanding System
1.2.2 Short Range Communication
1.2.3 Global Position Finding Satellite System
1.2.4 Other
1.3 Global ETC Systems Market Size by Type
1.3.1 Global ETC Systems Market Size Overview by Type (2018-2029)
1.3.2 Global ETC Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global ETC Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America ETC Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe ETC Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific ETC Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America ETC Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa ETC Systems Sales Breakdown by Type (2018-2023)
2 Global ETC Systems Market Competition by Company
2.1 Global Top Players by ETC Systems Sales (2018-2023)
2.2 Global Top Players by ETC Systems Revenue (2018-2023)
2.3 Global Top Players by ETC Systems Price (2018-2023)
2.4 Global Top Manufacturers ETC Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 ETC Systems Market Competitive Situation and Trends
2.5.1 ETC Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by ETC Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in ETC Systems as of 2022)
2.7 Date of Key Manufacturers Enter into ETC Systems Market
2.8 Key Manufacturers ETC Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 ETC Systems Status and Outlook by Region
3.1 Global ETC Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global ETC Systems Historic Market Size by Region
3.2.1 Global ETC Systems Sales in Volume by Region (2018-2023)
3.2.2 Global ETC Systems Sales in Value by Region (2018-2023)
3.2.3 Global ETC Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global ETC Systems Forecasted Market Size by Region
3.3.1 Global ETC Systems Sales in Volume by Region (2024-2029)
3.3.2 Global ETC Systems Sales in Value by Region (2024-2029)
3.3.3 Global ETC Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global ETC Systems by Application
4.1 ETC Systems Market Segment by Application
4.1.1 Highway
4.1.2 Community
4.1.3 Campus
4.1.4 Other
4.2 Global ETC Systems Market Size by Application
4.2.1 Global ETC Systems Market Size Overview by Application (2018-2029)
4.2.2 Global ETC Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global ETC Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America ETC Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe ETC Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific ETC Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America ETC Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa ETC Systems Sales Breakdown by Application (2018-2023)
5 North America ETC Systems by Country
5.1 North America ETC Systems Historic Market Size by Country
5.1.1 North America ETC Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America ETC Systems Sales in Volume by Country (2018-2023)
5.1.3 North America ETC Systems Sales in Value by Country (2018-2023)
5.2 North America ETC Systems Forecasted Market Size by Country
5.2.1 North America ETC Systems Sales in Volume by Country (2024-2029)
5.2.2 North America ETC Systems Sales in Value by Country (2024-2029)
6 Europe ETC Systems by Country
6.1 Europe ETC Systems Historic Market Size by Country
6.1.1 Europe ETC Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe ETC Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe ETC Systems Sales in Value by Country (2018-2023)
6.2 Europe ETC Systems Forecasted Market Size by Country
6.2.1 Europe ETC Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe ETC Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific ETC Systems by Region
7.1 Asia-Pacific ETC Systems Historic Market Size by Region
7.1.1 Asia-Pacific ETC Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific ETC Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific ETC Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific ETC Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific ETC Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific ETC Systems Sales in Value by Region (2024-2029)
8 Latin America ETC Systems by Country
8.1 Latin America ETC Systems Historic Market Size by Country
8.1.1 Latin America ETC Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America ETC Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America ETC Systems Sales in Value by Country (2018-2023)
8.2 Latin America ETC Systems Forecasted Market Size by Country
8.2.1 Latin America ETC Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America ETC Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa ETC Systems by Country
9.1 Middle East and Africa ETC Systems Historic Market Size by Country
9.1.1 Middle East and Africa ETC Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa ETC Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa ETC Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa ETC Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa ETC Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa ETC Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Denso Corporation (Japan)
10.1.1 Denso Corporation (Japan) Company Information
10.1.2 Denso Corporation (Japan) Introduction and Business Overview
10.1.3 Denso Corporation (Japan) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Denso Corporation (Japan) ETC Systems Products Offered
10.1.5 Denso Corporation (Japan) Recent Development
10.2 Cubic Corporation (USA)
10.2.1 Cubic Corporation (USA) Company Information
10.2.2 Cubic Corporation (USA) Introduction and Business Overview
10.2.3 Cubic Corporation (USA) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cubic Corporation (USA) ETC Systems Products Offered
10.2.5 Cubic Corporation (USA) Recent Development
10.3 Atlantia SpA (Italy)
10.3.1 Atlantia SpA (Italy) Company Information
10.3.2 Atlantia SpA (Italy) Introduction and Business Overview
10.3.3 Atlantia SpA (Italy) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Atlantia SpA (Italy) ETC Systems Products Offered
10.3.5 Atlantia SpA (Italy) Recent Development
10.4 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan)
10.4.1 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan) Company Information
10.4.2 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan) Introduction and Business Overview
10.4.3 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan) ETC Systems Products Offered
10.4.5 Far Eastern Electronic Toll Collection Co. (FETC) (Taiwan) Recent Development
10.5 Siemens AG (Germany)
10.5.1 Siemens AG (Germany) Company Information
10.5.2 Siemens AG (Germany) Introduction and Business Overview
10.5.3 Siemens AG (Germany) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Siemens AG (Germany) ETC Systems Products Offered
10.5.5 Siemens AG (Germany) Recent Development
10.6 Schneider Electric (France)
10.6.1 Schneider Electric (France) Company Information
10.6.2 Schneider Electric (France) Introduction and Business Overview
10.6.3 Schneider Electric (France) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schneider Electric (France) ETC Systems Products Offered
10.6.5 Schneider Electric (France) Recent Development
10.7 TransCore (USA)
10.7.1 TransCore (USA) Company Information
10.7.2 TransCore (USA) Introduction and Business Overview
10.7.3 TransCore (USA) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 TransCore (USA) ETC Systems Products Offered
10.7.5 TransCore (USA) Recent Development
10.8 Sanef (France)
10.8.1 Sanef (France) Company Information
10.8.2 Sanef (France) Introduction and Business Overview
10.8.3 Sanef (France) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sanef (France) ETC Systems Products Offered
10.8.5 Sanef (France) Recent Development
10.9 Thales Group (France)
10.9.1 Thales Group (France) Company Information
10.9.2 Thales Group (France) Introduction and Business Overview
10.9.3 Thales Group (France) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Thales Group (France) ETC Systems Products Offered
10.9.5 Thales Group (France) Recent Development
10.10 Xerox Corporation (USA)
10.10.1 Xerox Corporation (USA) Company Information
10.10.2 Xerox Corporation (USA) Introduction and Business Overview
10.10.3 Xerox Corporation (USA) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Xerox Corporation (USA) ETC Systems Products Offered
10.10.5 Xerox Corporation (USA) Recent Development
10.11 OMRON Electronics (Japan)
10.11.1 OMRON Electronics (Japan) Company Information
10.11.2 OMRON Electronics (Japan) Introduction and Business Overview
10.11.3 OMRON Electronics (Japan) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.11.4 OMRON Electronics (Japan) ETC Systems Products Offered
10.11.5 OMRON Electronics (Japan) Recent Development
10.12 Toll Collect GmbH (Germany)
10.12.1 Toll Collect GmbH (Germany) Company Information
10.12.2 Toll Collect GmbH (Germany) Introduction and Business Overview
10.12.3 Toll Collect GmbH (Germany) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Toll Collect GmbH (Germany) ETC Systems Products Offered
10.12.5 Toll Collect GmbH (Germany) Recent Development
10.13 Raytheon Company (USA)
10.13.1 Raytheon Company (USA) Company Information
10.13.2 Raytheon Company (USA) Introduction and Business Overview
10.13.3 Raytheon Company (USA) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Raytheon Company (USA) ETC Systems Products Offered
10.13.5 Raytheon Company (USA) Recent Development
10.14 Efkon AG (Austria)
10.14.1 Efkon AG (Austria) Company Information
10.14.2 Efkon AG (Austria) Introduction and Business Overview
10.14.3 Efkon AG (Austria) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Efkon AG (Austria) ETC Systems Products Offered
10.14.5 Efkon AG (Austria) Recent Development
10.15 International Road Dynamics, Inc (Canada)
10.15.1 International Road Dynamics, Inc (Canada) Company Information
10.15.2 International Road Dynamics, Inc (Canada) Introduction and Business Overview
10.15.3 International Road Dynamics, Inc (Canada) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.15.4 International Road Dynamics, Inc (Canada) ETC Systems Products Offered
10.15.5 International Road Dynamics, Inc (Canada) Recent Development
10.16 Kapsch TrafficCom (Austria)
10.16.1 Kapsch TrafficCom (Austria) Company Information
10.16.2 Kapsch TrafficCom (Austria) Introduction and Business Overview
10.16.3 Kapsch TrafficCom (Austria) ETC Systems Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Kapsch TrafficCom (Austria) ETC Systems Products Offered
10.16.5 Kapsch TrafficCom (Austria) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 ETC Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 ETC Systems Industrial Chain Analysis
11.4 ETC Systems Market Dynamics
11.4.1 ETC Systems Industry Trends
11.4.2 ETC Systems Market Drivers
11.4.3 ETC Systems Market Challenges
11.4.4 ETC Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 ETC Systems Distributors
12.3 ETC Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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