Skip to main content

Global ETC solution revenues to grow to $8.5 billion by 2018

Global electronic toll collection (ETC) systems revenues are expected to grow from US$4.48 billion in 2013 to US$8.5 billion in 2018, with a CAGR of 14 per cent and North America as the vital region., according to a new report from ABI Research, Electronic Toll Collection: A Key Business Driver for ITS and V2I. The study covers types of ETC (highway, urban, and area tolling), ETC technologies (RFID, DRSC, video, and GNSS/cellular), use cases and benefits, as well as an in-depth review of the main implementa
July 26, 2013 Read time: 2 mins
Global electronic toll collection (ETC) systems revenues are expected to grow from US$4.48 billion in 2013 to US$8.5 billion in 2018, with a CAGR of 14 per cent and North America as the vital region., according to a new report from 5725 ABI Research, Electronic Toll Collection: A Key Business Driver for ITS and V2I.

The study covers types of ETC (highway, urban, and area tolling), ETC technologies (RFID, DRSC, video, and GNSS/cellular), use cases and benefits, as well as an in-depth review of the main implementations and the ETC ecosystem. ETC revenue forecast per region, type of toll collect, and technology are included.

“ETC is finding new momentum as a way to manage traffic via dynamic toll pricing and address urban congestion issues. At the same time toll revenues will help governments and road operators deploying intelligent transportation systems including through V2X infrastructure. However, ETC remains characterised by a large degree of fragmentation and closed approaches hindering interoperability and widespread adoption,” says VP and practice director Dominique Bonte.

Two main ETC technology battles are taking place: DRSC versus RFID – at toll gates RFID is well established in the North America, while in Europe DRSC is the standard technology, with Asia showing a mixed situation; and short-range (RFID/DSRC) versus wide area (GNSS plus cellular) - future growth of area and city tolling will favour wide area technologies.

Additionally, video analytics in the form of camera-based Automatic licensing plate recognition (ALPR) remains a key enforcement and revenue collection technology.

ETC ecosystem participants offer a wide range of solutions such as tags and transponders; software services and system integration; and toll system operations including maintenance, payment handling, and revenue assurance. 4984 Kapsch TrafficCom, Atlantia, and 139 Transcore offer end-to-end services. Most ETC players such as 108 Q-Free (hardware and software integration) and road operators 480 Sanef (system integration) only cover parts of the value chain.

For more information on companies in this article

Related Content

  • Ottawa connected vehicle technology pilot for Kapsch TrafficCom
    June 9, 2023
    Canadian capital is location for Area X.O testbed which seeks to accelerate next-gen tech
  • Kapsch TDM protocol selected as a finalist for National Toll Interoperability
    October 28, 2015
    Kapsch TrafficCom North America has been notified by the International Bridge, Tunnel & Turnpike Association (IBTTA) that the Open Standard Time Division Multiplexing protocol (TDM) sponsored by Kapsch has been approved to begin the testing phase of the National Toll Protocol selection process. This selection underlines Kapsch’s consistent and strong commitment to open standards and interoperability within the Electronic Tolling Solutions industry. Open standard communication protocols are critical to me
  • Public transport ITS market in Europe and North America to grow 7 per cent by 2020
    January 3, 2017
    The latest research from Berg Insight indicates that the market for intelligent transport systems (ITS) in public transport operations in Europe was US$1.4 billion (€1.35 billion) in 2015. Growing at a compound annual growth rate (CAGR) of 7.2 per cent, it is expected to reach US$2 billion (€1.91 billion) by 2020. The North American market for public transport ITS is similarly forecast to grow at a CAGR of 8.1 per cent from US$0.6 billion (€0.59 billion) in 2015 to reach US$0.9 billion (€0.87 billion) in
  • Automated fare collection market predicted to almost double by 2021
    June 3, 2016
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications