Table of Content


1 INTRODUCTION (Page No. - 29)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 INCLUSIONS AND EXCLUSIONS
           1.3.2 MARKETS COVERED
                    FIGURE 1 ELECTRONIC TOLL COLLECTION MARKET SEGMENTATION
           1.3.3 REGIONAL SCOPE
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 RECESSION IMPACT 
2 RESEARCH METHODOLOGY (Page No. - 35)
    2.1 INTRODUCTION 
           FIGURE 2 ELECTRONIC TOLL COLLECTION MARKET: RESEARCH DESIGN
    2.2 RESEARCH DATA 
           FIGURE 3 ELECTRONIC TOLL COLLECTION MARKET: RESEARCH APPROACH
           2.2.1 SECONDARY DATA
                    2.2.1.1 List of major secondary sources
                    2.2.1.2 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 List of key participants in primary interviews
                    2.2.2.2 Breakdown of primaries
                    2.2.2.3 Key data from primary sources
                    2.2.2.4 Key industry insights
    2.3 FACTOR ANALYSIS 
           2.3.1 SUPPLY-SIDE ANALYSIS
                    FIGURE 4 REVENUE GENERATED FROM SALES OF ELECTRONIC TOLL COLLECTIONS
                    FIGURE 5 ELECTRONIC TOLL COLLECTION MARKET: REVENUE ANALYSIS OF CONDUENT, INC.
    2.4 MARKET SIZE ESTIMATION METHODOLOGY 
           FIGURE 6 ELECTRONIC TOLL COLLECTION MARKET: SUPPLY-SIDE ANALYSIS
           2.4.1 BOTTOM-UP APPROACH
                    2.4.1.1 Approach to arrive at market size using bottom-up analysis (demand side)
                               FIGURE 7 ELECTRONIC TOLL COLLECTION MARKET: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    2.4.2.1 Approach to arrive at market size using top-down approach (supply side)
                               FIGURE 8 ELECTRONIC TOLL COLLECTION MARKET: TOP-DOWN APPROACH
    2.5 GROWTH PROJECTIONS AND FORECAST-RELATED ASSUMPTIONS 
           TABLE 1 ELECTRONIC TOLL COLLECTION MARKET GROWTH ASSUMPTIONS
    2.6 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 9 ELECTRONIC TOLL COLLECTION MARKET: DATA TRIANGULATION
           2.6.1 RESEARCH ASSUMPTIONS
                    TABLE 2 ELECTRONIC TOLL COLLECTION MARKET: RESEARCH ASSUMPTIONS
           2.6.2 RESEARCH LIMITATIONS
           2.6.3 RISK ASSESSMENT
                    TABLE 3 ELECTRONIC TOLL COLLECTION MARKET: RISK ASSESSMENT
    2.7 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT 
           TABLE 4 ELECTRONIC TOLL COLLECTION MARKET: PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT
3 EXECUTIVE SUMMARY (Page No. - 49)
    FIGURE 10 ELECTRONIC TOLL COLLECTION MARKET, 2020–2029 (USD MILLION)
    FIGURE 11 HIGHWAYS TO DOMINATE ELECTRONIC TOLL COLLECTION MARKET FROM 2024 TO 2029
    FIGURE 12 TRANSPONDERS/TAG-BASED TOLLING SYSTEMS TO LEAD ELECTRONIC TOLL COLLECTION MARKET THROUGHOUT FORECAST PERIOD
    FIGURE 13 OTHER TECHNOLOGIES TO RECORD HIGHEST CAGR IN ELECTRONIC TOLL COLLECTION MARKET DURING FORECAST PERIOD
    FIGURE 14 ASIA PACIFIC TO RECORD HIGHEST CAGR IN ELECTRONIC TOLL COLLECTION MARKET FROM 2024 TO 2029
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN ELECTRONIC TOLL COLLECTION MARKET 
           FIGURE 15 TECHNOLOGICAL ADVANCEMENTS IN TRANSPORTATION INFRASTRUCTURE TO DRIVE ELECTRONIC TOLL COLLECTION MARKET GROWTH
    4.2 ELECTRONIC TOLL COLLECTION MARKET IN NORTH AMERICA, BY COUNTRY 
           FIGURE 16 US TO RECORD HIGHEST CAGR IN NORTH AMERICAN ELECTRONIC TOLL COLLECTION MARKET DURING FORECAST PERIOD
    4.3 ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION 
           FIGURE 17 HIGHWAYS TO REGISTER HIGHER CAGR IN ELECTRONIC TOLL COLLECTION MARKET DURING FORECAST PERIOD
    4.4 ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING 
           FIGURE 18 BACK OFFICE & OTHER SERVICES SEGMENT TO RECORD HIGHER CAGR IN ELECTRONIC TOLL COLLECTION MARKET FROM 2024 TO 2029
    4.5 ELECTRONIC TOLL COLLECTION MARKET FOR HARDWARE OFFERINGS, BY REGION 
           FIGURE 19 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN ELECTRONIC TOLL COLLECTION MARKET FOR HARDWARE OFFERINGS DURING FORECAST PERIOD
    4.6 ELECTRONIC TOLL COLLECTION MARKET, BY REGION 
           FIGURE 20 NORTH AMERICA TO HOLD LARGEST SHARE OF ELECTRONIC TOLL COLLECTION MARKET, IN TERMS OF VALUE, IN 2029
    4.7 ELECTRONIC TOLL COLLECTION MARKET, BY GEOGRAPHY 
           FIGURE 21 ASEAN COUNTRIES TO RECORD HIGHEST CAGR IN GLOBAL ELECTRONIC TOLL COLLECTION MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 57)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 22 ELECTRONIC TOLL COLLECTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    FIGURE 23 ELECTRONIC TOLL COLLECTION MARKET: IMPACT OF DRIVERS
                    5.2.1.1 Urgent need to mitigate traffic congestion and reduce road accidents
                    5.2.1.2 Strong government support to deploy advanced tolling solutions
                    5.2.1.3 High convenience of automated toll payment options
                    5.2.1.4 Technological advancements in transportation infrastructure
           5.2.2 RESTRAINTS
                    FIGURE 24 ELECTRONIC TOLL COLLECTION MARKET: IMPACT OF RESTRAINTS
                    5.2.2.1 Overreliance of ETC systems on technology and their susceptibility to technical failure
                    5.2.2.2 ETC implementation constraints in developing countries
                    5.2.2.3 High initial cost of GPS- and GNSS-based ETC systems
           5.2.3 OPPORTUNITIES
                    FIGURE 25 ELECTRONIC TOLL COLLECTION MARKET: IMPACT OF OPPORTUNITIES
                    5.2.3.1 Significant focus on minimizing fuel consumption and emissions for economic and environmental gains
                    5.2.3.2 Integration of blockchain technology into toll collection systems
                    5.2.3.3 Rising number of public–private partnership agreements in transportation sector
                    5.2.3.4 Increasing adoption of all-electronic tolling systems
           5.2.4 CHALLENGES
                    FIGURE 26 ELECTRONIC TOLL COLLECTION MARKET: IMPACT OF CHALLENGES
                    5.2.4.1 Data privacy concerns
                    5.2.4.2 Interoperability issues associated with tolling systems
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    5.4 PRICING ANALYSIS 
           5.4.1 AVERAGE SELLING PRICE OF RFID DEVICES OFFERED BY KEY PLAYERS
                    FIGURE 28 AVERAGE SELLING PRICE OF RFID DEVICES OFFERED BY KEY PLAYERS
                    TABLE 5 AVERAGE SELLING PRICE OF RFID DEVICES AND SOFTWARE, 2015–2023 (USD)
           5.4.2 AVERAGE SELLING PRICE OF ELECTRONIC TOLL COLLECTION SYSTEM, BY REGION
                    TABLE 6 AVERAGE SELLING PRICE TREND, BY REGION (USD MILLION)
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 29 ELECTRONIC TOLL COLLECTION MARKET: VALUE CHAIN ANALYSIS
    5.6 ECOSYSTEM ANALYSIS 
           FIGURE 30 KEY PLAYERS IN ECOSYSTEM
           TABLE 7 ROLE OF PARTICIPANTS IN ECOSYSTEM
    5.7 INVESTMENT AND FUNDING SCENARIO 
           FIGURE 31 INVESTMENT AND FUNDING IN ELECTRONIC TOLL COLLECTION TECHNOLOGY
    5.8 TECHNOLOGY ANALYSIS 
           5.8.1 KEY TECHNOLOGIES
                    5.8.1.1 RFID
                    5.8.1.2 DSRC
           5.8.2 COMPLEMENTARY TECHNOLOGIES
                    5.8.2.1 GNSS/GPS
           5.8.3 ADJACENT TECHNOLOGIES
                    5.8.3.1 ALPR and ANPR
    5.9 PATENT ANALYSIS 
           TABLE 8 LIST OF MAJOR PATENTS, 2022–2023
           FIGURE 32 NUMBER OF PATENTS APPLIED AND GRANTED, 2013–2023
           FIGURE 33 REGIONAL ANALYSIS OF PATENTS, 2023
    5.10 TRADE ANALYSIS 
           5.10.1 IMPORT DATA
                    TABLE 9 IMPORT SCENARIO FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                    FIGURE 34 IMPORT DATA FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
           5.10.2 EXPORT DATA
                    TABLE 10 EXPORT SCENARIO FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
                    FIGURE 35 EXPORT DATA FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
    5.11 KEY CONFERENCES AND EVENTS, 2023–2024 
           TABLE 11 ELECTRONIC TOLL COLLECTION: LIST OF KEY CONFERENCES AND EVENTS, 2023–2024
    5.12 CASE STUDY ANALYSIS 
           5.12.1 WESTERN DIGITAL AND THEOBROMA SYSTEMS PROVIDED CUSTOMIZED TOLL COLLECTION SYSTEM FOR EUROPEAN PROJECT
           5.12.2 SICE UPGRADED HUMBER BRIDGE TOLLING SYSTEM FOR OPTIMIZED TRAFFIC MANAGEMENT AND REVENUE GENERATION
           5.12.3 MASSACHUSETTS DEPARTMENT OF TRANSPORTATION SELECTED TRANSCORE FOR E-ZPASS CUSTOMER SERVICE ENHANCEMENT
           5.12.4 ERC SELECTED CLOUD-BASED TOLLING SOLUTION FROM COGNIZANT TO MAXIMIZE REVENUE
           5.12.5 PLUS MALAYSIA USED TAPWAY’S AI AND NVIDIA’S GPUS IN RFID TOLL TRACKING SYSTEM BASED ON ANPR TECHNOLOGY
    5.13 TARIFFS, REGULATIONS, AND STANDARDS 
           5.13.1 COUNTRY-WISE TARIFFS FOR HS CODE 8530-COMPLIANT PRODUCTS
                    TABLE 12 MFN TARIFF FOR HS CODE 8530-COMPLIANT PRODUCTS EXPORTED BY CHINA (2023)
           5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.13.3 STANDARDS
    5.14 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 17 ELECTRONIC TOLL COLLECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
           FIGURE 36 ELECTRONIC TOLL COLLECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.14.1 THREAT OF NEW ENTRANTS
           5.14.2 THREAT OF SUBSTITUTES
           5.14.3 BARGAINING POWER OF SUPPLIERS
           5.14.4 BARGAINING POWER OF BUYERS
           5.14.5 INTENSITY OF COMPETITIVE RIVALRY
    5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
                    TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)
           5.15.2 BUYING CRITERIA
                    FIGURE 38 KEY BUYING CRITERIA, BY APPLICATION
                    TABLE 19 KEY BUYING CRITERIA, BY APPLICATION
6 PAYMENT METHODS ADOPTED TO PAY TOLLS (Page No. - 94)
    6.1 INTRODUCTION 
    6.2 PREPAID 
    6.3 POST-PAID 
7 ELECTRONIC TOLL COLLECTION MARKET, BY TYPE (Page No. - 95)
    7.1 INTRODUCTION 
           FIGURE 39 TRANSPONDERS/TAG-BASED TOLLING SYSTEMS TO HOLD LARGER SHARE OF ELECTRONIC TOLL COLLECTION MARKET IN 2029
           TABLE 20 ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2020–2023 (USD MILLION)
           TABLE 21 ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2024–2029 (USD MILLION)
    7.2 TRANSPONDERS/TAG-BASED TOLLING SYSTEMS 
           7.2.1 SCALABILITY, COST-EFFECTIVENESS, AND SEAMLESS INTEGRATION FEATURES TO SUPPORT HIGH DEMAND
           TABLE 22 TRANSPONDERS/TAG-BASED TOLLING SYSTEMS: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 23 TRANSPONDERS/TAG-BASED TOLLING SYSTEMS ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.3 OTHER TYPES 
           TABLE 24 OTHER TYPES: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 25 OTHER TYPES: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY (Page No. - 101)
    8.1 INTRODUCTION 
           FIGURE 40 RFID TECHNOLOGY TO CAPTURE LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
           TABLE 26 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
           TABLE 27 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
    8.2 RADIO-FREQUENCY IDENTIFICATION (RFID) 
           8.2.1 LARGE-SCALE UTILIZATION OF RFID TAGS IN ETC SYSTEMS TO ACCELERATE SEGMENTAL GROWTH
    8.3 DEDICATED SHORT-RANGE COMMUNICATION (DSRC) 
           8.3.1 HIGH ADOPTION OF DSRC TECHNOLOGY-BASED ETC SYSTEMS IN EUROPE TO FUEL MARKET GROWTH
    8.4 OTHER TECHNOLOGIES 
9 ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING (Page No. - 109)
    9.1 INTRODUCTION 
           FIGURE 41 BACK OFFICE & OTHER SERVICES TO DOMINATE ELECTRONIC TOLL COLLECTION MARKET THROUGHOUT FORECAST PERIOD
           TABLE 28 ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
           TABLE 29 ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
    9.2 HARDWARE 
           9.2.1 NEED FOR UNINTERRUPTED TRAFFIC FLOW AT TOLL PLAZAS TO BOOST ADOPTION
                    TABLE 30 HARDWARE: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 31 HARDWARE: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.3 BACK OFFICE & OTHER SERVICES 
           9.3.1 REQUIREMENT TO PROCESS HIGH-VOLUME TRANSACTIONS TO FUEL DEMAND
                    TABLE 32 BACK OFFICE & OTHER SERVICES: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 33 BACK OFFICE & OTHER SERVICES: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
10 ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION (Page No. - 115)
     10.1 INTRODUCTION 
             FIGURE 42 HIGHWAYS TO CAPTURE LARGER MARKET SHARE THAN URBAN AREAS THROUGHOUT FORECAST PERIOD
             TABLE 34 ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 35 ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
     10.2 HIGHWAYS 
             10.2.1 GROWING TRAFFIC AT TOLL PLAZAS TO BOOST DEMAND
                        TABLE 36 HIGHWAYS: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 37 HIGHWAYS: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.3 URBAN AREAS 
             10.3.1 GROWING EMPHASIS ON TRAFFIC CONGESTION MANAGEMENT TO FOSTER MARKET GROWTH
                        TABLE 38 URBAN AREAS: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 39 URBAN AREAS: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
11 ELECTRONIC TOLL COLLECTION MARKET, BY REGION (Page No. - 121)
     11.1 INTRODUCTION 
           FIGURE 43 NORTH AMERICA CAPTURED LARGEST MARKET SHARE IN 2023
           TABLE 40 ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 41 ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
           TABLE 42 ELECTRONIC TOLL COLLECTION MARKET FOR RFID TAGS, BY REGION, 2020–2023 (MILLION UNITS)
           TABLE 43 ELECTRONIC TOLL COLLECTION MARKET FOR RFID TAGS, BY REGION, 2024–2029 (MILLION UNITS)
     11.2 NORTH AMERICA 
            FIGURE 44 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET SNAPSHOT
            TABLE 44 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
            TABLE 45 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
            TABLE 46 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2020–2023 (USD MILLION)
            TABLE 47 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2024–2029 (USD MILLION)
            TABLE 48 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
            TABLE 49 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
            TABLE 50 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
            TABLE 51 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
            TABLE 52 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
            TABLE 53 NORTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.2.1 US
                        11.2.1.1 Growing emphasis on modernizing road infrastructure to boost demand
                                     TABLE 54 US: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 55 US: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.2.2 CANADA
                        11.2.2.1 Rising installation of ETC systems on major highways and bridges to drive market
                                     TABLE 56 CANADA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 57 CANADA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.2.3 MEXICO
                        11.2.3.1 Increasing number of projects for connecting neighboring countries to contribute to market growth
                                     TABLE 58 MEXICO: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 59 MEXICO: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.2.4 RECESSION IMPACT ON MARKET IN NORTH AMERICA
     11.3 EUROPE 
             FIGURE 45 EUROPE: ELECTRONIC TOLL COLLECTION MARKET SNAPSHOT
             TABLE 60 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY GEOGRAPHY, 2020–2023 (USD MILLION)
             TABLE 61 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY GEOGRAPHY, 2024–2029 (USD MILLION)
             TABLE 62 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 63 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2024–2029 (USD MILLION)
             TABLE 64 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
             TABLE 65 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
             TABLE 66 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
             TABLE 67 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
             TABLE 68 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 69 EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.3.1 EU5 COUNTRIES
                        11.3.1.1 Presence of various automobile manufacturers and ETC solution providers to accelerate market growth
                                     TABLE 70 EU5 COUNTRIES: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 71 EU5 COUNTRIES: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.3.2 WESTERN EUROPE
                        11.3.2.1 Significant focus of key players, such as Kapsch TrafficCom and EFKON GmbH, on securing ETC projects to drive market
                                     TABLE 72 WESTERN EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 73 WESTERN EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
     11.4 REST OF EUROPE 
             TABLE 74 REST OF EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 75 REST OF EUROPE: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.4.1 RECESSION IMPACT ON MARKET IN EUROPE
     11.5 ASIA PACIFIC 
             FIGURE 46 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET SNAPSHOT
             TABLE 76 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
             TABLE 77 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             TABLE 78 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 79 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2024–2029 (USD MILLION)
             TABLE 80 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
             TABLE 81 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
             TABLE 82 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
             TABLE 83 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
             TABLE 84 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 85 ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.1 CHINA
                        11.5.1.1 Strong government support to automate toll payments to boost ETC system adoption
                                     TABLE 86 CHINA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 87 CHINA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.2 JAPAN
                        11.5.2.1 Rising need to reduce traffic at toll gates to fuel ETC demand
                                     TABLE 88 JAPAN: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 89 JAPAN: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.3 ASEAN COUNTRIES
                        11.5.3.1 Multi-lane free-flow (MLFF) system project in Indonesia to support market growth
                                     TABLE 90 ASEAN COUNTRIES: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 91 ASEAN COUNTRIES: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.4 REST OF ASIA PACIFIC
                        TABLE 92 REST OF ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 93 REST OF ASIA PACIFIC: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.5 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
     11.6 ROW 
             TABLE 94 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 95 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
             TABLE 96 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 97 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY TYPE, 2024–2029 (USD MILLION)
             TABLE 98 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
             TABLE 99 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
             TABLE 100 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
             TABLE 101 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
             TABLE 102 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 103 ROW: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.6.1 SOUTH AMERICA
                        11.6.1.1 Wide network of roads to fuel deployment of ETC systems
                                     TABLE 104 SOUTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 105 SOUTH AMERICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.6.2 MIDDLE EAST & AFRICA
                         TABLE 106 MIDDLE EAST & AFRICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                         TABLE 107 MIDDLE EAST & AFRICA: ELECTRONIC TOLL COLLECTION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        11.6.2.1 GCC countries
                                     11.6.2.1.1 Rising government initiatives toward smart city development to augment market growth
                        11.6.2.2 Rest of Middle East & Africa
                                     TABLE 108 MIDDLE EAST & AFRICA: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                                     TABLE 109 MIDDLE EAST & AFRICA: ELECTRONIC TOLL COLLECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             11.6.3 RECESSION IMPACT ON MARKET IN ROW
12 COMPETITIVE LANDSCAPE (Page No. - 154)
     12.1 OVERVIEW 
     12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023 
             TABLE 110 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS, 2020–2023
     12.3 ELECTRONIC TOLL COLLECTION MARKET SHARE ANALYSIS, 2023 
             FIGURE 47 ELECTRONIC TOLL COLLECTION MARKET SHARE ANALYSIS, 2023
             TABLE 111 ELECTRONIC TOLL COLLECTION MARKET: DEGREE OF COMPETITION, 2023
     12.4 REVENUE ANALYSIS OF TOP PLAYERS, 2019–2023 
             FIGURE 48 FIVE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN ELECTRONIC TOLL COLLECTION MARKET, 2019–2023
     12.5 COMPANY VALUATION AND FINANCIAL METRICS 
             FIGURE 49 ELECTRONIC TOLL COLLECTION MARKET MAP
     12.6 ELECTRONIC TOLL COLLECTION MARKET: FINANCIAL METRICS 
             FIGURE 50 FINANCIAL METRICS
     12.7 ELECTRONIC TOLL COLLECTION MARKET: BRAND/PRODUCT COMPARISON 
            FIGURE 51 BRAND COMPARISON
     12.8 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             12.8.1 STARS
             12.8.2 EMERGING LEADERS
             12.8.3 PERVASIVE PLAYERS
             12.8.4 PARTICIPANTS
                        FIGURE 52 ELECTRONIC TOLL COLLECTION MARKET: COMPANY EVALUATION MATRIX, (KEY PLAYERS), 2023
             12.8.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                        12.8.5.1 Company footprint
                                     FIGURE 53 ELECTRONIC TOLL COLLECTION MARKET: COMPANY FOOTPRINT
                        12.8.5.2 Offering footprint
                                     TABLE 112 ELECTRONIC TOLL COLLECTION MARKET: OFFERING FOOTPRINT
                        12.8.5.3 Type footprint
                                     TABLE 113 ELECTRONIC TOLL COLLECTION MARKET: TYPE FOOTPRINT
                        12.8.5.4 Technology footprint
                                     TABLE 114 ELECTRONIC TOLL COLLECTION MARKET: TECHNOLOGY FOOTPRINT
                        12.8.5.5 Application footprint
                                     TABLE 115 ELECTRONIC TOLL COLLECTION MARKET: APPLICATION FOOTPRINT
                        12.8.5.6 Region footprint
                                     TABLE 116 ELECTRONIC TOLL COLLECTION MARKET: REGION FOOTPRINT
     12.9 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 
             12.9.1 PROGRESSIVE COMPANIES
             12.9.2 RESPONSIVE COMPANIES
             12.9.3 DYNAMIC COMPANIES
             12.9.4 STARTING BLOCKS
                        FIGURE 54 ELECTRONIC TOLL COLLECTION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
             12.9.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023
                        12.9.5.1 Detailed list of startups/SMEs
                                     TABLE 117 ELECTRONIC TOLL COLLECTION MARKET: LIST OF KEY STARTUPS/SMES
                        12.9.5.2 Competitive benchmarking of key startups/SMES
                                     TABLE 118 ELECTRONIC TOLL COLLECTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     12.1 COMPETITIVE SCENARIOS AND TRENDS 
             12.10.1 PRODUCT LAUNCHES
                        TABLE 119 ELECTRONIC TOLL COLLECTION MARKET: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023
             12.10.2 DEALS
                        TABLE 120 ELECTRONIC TOLL COLLECTION MARKET: DEALS, JANUARY 2020–DECEMBER 2023
             12.10.3 EXPANSIONS
                        TABLE 121 ELECTRONIC TOLL COLLECTION MARKET: EXPANSIONS, JANUARY 2020–DECEMBER 2023
13 COMPANY PROFILES (Page No. - 176)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *  
     13.1 KEY PLAYERS 
             13.1.1 KAPSCH TRAFFICCOM AG
                        TABLE 122 KAPSCH TRAFFICCOM AG: COMPANY OVERVIEW
                        FIGURE 55 KAPSCH TRAFFICCOM AG: COMPANY SNAPSHOT
                        TABLE 123 KAPSCH TRAFFICCOM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 124 KAPSCH TRAFFICCOM AG: DEALS
                        TABLE 125 KAPSCH TRAFFICCOM AG: EXPANSIONS
             13.1.2 CONDUENT, INC.
                        TABLE 126 CONDUENT, INC.: COMPANY OVERVIEW
                        FIGURE 56 CONDUENT, INC.: COMPANY SNAPSHOT
                        TABLE 127 CONDUENT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 128 CONDUENT, INC.: DEALS
             13.1.3 EFKON GMBH
                        TABLE 129 EFKON GMBH: COMPANY OVERVIEW
                        TABLE 130 EFKON GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 131 EFKON GMBH: PRODUCT LAUNCHES
                        TABLE 132 EFKON GMBH: OTHERS
             13.1.4 TRANSCORE
                        TABLE 133 TRANSCORE: COMPANY OVERVIEW
                        TABLE 134 TRANSCORE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 135 TRANSCORE: PRODUCT LAUNCHES
                        TABLE 136 TRANSCORE: DEALS
                        TABLE 137 TRANSCORE: OTHERS
             13.1.5 THALES
                        TABLE 138 THALES: COMPANY OVERVIEW
                        FIGURE 57 THALES: COMPANY SNAPSHOT
                        TABLE 139 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 140 THALES: DEALS
             13.1.6 CUBIC CORPORATION
                        TABLE 141 CUBIC CORPORATION: COMPANY OVERVIEW
                        TABLE 142 CUBIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 143 CUBIC CORPORATION: PRODUCT LAUNCHES
             13.1.7 SIEMENS
                        TABLE 144 SIEMENS: COMPANY OVERVIEW
                        FIGURE 58 SIEMENS: COMPANY SNAPSHOT
                        TABLE 145 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.8 INFINEON TECHNOLOGIES AG
                        TABLE 146 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
                        FIGURE 59 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
                        TABLE 147 INFINEON TECHNOLOGIES AG: PRODUCT/SERVICE/SOLUTION OFFERED
             13.1.9 NEOLOGY
                        TABLE 148 NEOLOGY: COMPANY OVERVIEW
                        TABLE 149 NEOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 150 NEOLOGY: DEALS
             13.1.10 FEIG ELECTRONIC
                        TABLE 151 FEIG ELECTRONIC: COMPANY OVERVIEW
                        TABLE 152 FEIG ELECTRONIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 153 FEIG ELECTRONIC: PRODUCT LAUNCHES
                        TABLE 154 FEIG ELECTRONIC: DEALS
     13.2 OTHER PLAYERS 
             13.2.1 TOSHIBA CORPORATION
             13.2.2 MITSUBISHI HEAVY INDUSTRIES, LTD.
             13.2.3 Q-FREE
             13.2.4 QUARTERHILL INC.
             13.2.5 PERCEPTICS, LLC
             13.2.6 STAR SYSTEMS INTERNATIONAL LTD.
             13.2.7 GEA
             13.2.8 ADAPTIVE RECOGNITION INC.
             13.2.9 SICE
             13.2.10 JENOPTIK AG
             13.2.11 FAR EASTERN ELECTRONIC TOLL COLLECTION CO. LTD. (FETC)
             13.2.12 TOLL COLLECT GMBH
             13.2.13 GEOTOLL
             13.2.14 INDRA SISTEMAS, S.A.
             13.2.15 KISTLER GROUP
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.  
14 APPENDIX (Page No. - 222)
     14.1 INSIGHTS FROM INDUSTRY EXPERTS 
     14.2 DISCUSSION GUIDE 
     14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.4 CUSTOMIZATION OPTIONS 
     14.5 RELATED REPORTS 
     14.6 AUTHOR DETAILS