Electric Toll Collection Market Market Scope: Industry Analysis, Market Size,
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Electric Toll Collection Market Size and Growth
The Electronic Toll Collection (ETC) market has experienced rapid growth as transportation infrastructure continues to modernize globally. ETC systems allow vehicles to pass through toll stations without stopping, using wireless technology to collect toll payments electronically, which reduces traffic congestion and streamlines toll collection processes. In 2025, the global market for ETC systems is projected to expand significantly, driven by increased urbanization and government initiatives to implement smart transportation solutions
Companies Covered : (Covid-19 Impact Covered)
• Kapsch TrafficCom AG
• TransCore
• Conduent
• Raytheon
• Toshiba T
These companies are at the forefront of developing technologies such as radio frequency identification (RFID), global positioning systems (GPS), and dedicated short-range communication (DSRC) for toll collection.
Electric Toll Collection Market Segmentation
By
Application
✓ Highways ✓ Urban Areas
By Product
• RFID-based ETC systems
• GPS-based ETC systems
Size (USD) $ X Billion USD
