
• As of 2024, the global Road Electronic Toll Collection System (ETC) market is valued at US$ 10,084.24 million. It is expected to grow significantly and reach US$ 15,026.52 million by 2031, representing a compound annual growth rate (CAGR) of 5.85% during the forecast period from 2025 to 2031. Regionally, North America is projected to grow from US$ 3,794.52 million in 2024 to US$ 5,238.36 million by 2031 at a CAGR of 4.92%. Asia-Pacific, driven by infrastructure expansion and technological advancements, is forecasted to grow from US$ 2,172.25 million to US$ 3,690.90 million, at a CAGR of 7.53% during the same period.
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