Road Electronic Toll Collection System (ETC) Market Growth Analysis, Market Dynamics, Key Players an

Published On : 09 june 2025

• 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.

Email: help@intelmarketresearch.com +91 9169164321

Report Studies

• The Road Electronic Toll Collection System (ETC) market refers to the industry centered around the deployment and management of automated toll collection systems for road networks. ETC systems utilize technologies such as Radio Frequency Identification (RFID), Dedicated Short-Range Communications (DSRC), and other advanced solutions to electronically collect toll fees without requiring vehicles to stop. These systems are designed to enhance traffic flow, reduce congestion, improve fuel efficiency, and streamline revenue collection for governments and private infrastructure developers.

Email:

By Types

•Radio Frequency Identification (RFID)

•Dedicated Short-Range Communication (DSRC)

•Global Navigation Satellite System (GNSS/GPS-based)

•Automatic Number Plate Recognition (ANPR/ALPR)

Turn static files into dynamic content formats.

Create a flipbook

Road Electronic Toll Collection System (ETC) Market Growth Analysis, Market Dynamics, Key Players an

Published on Jun 9, 2025

MarketResearch

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. https://www.intelmarketresearch.com/download-free-sample/868/Road-Electronic-Toll-Collection-System-Market

Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.