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

  • Europe fastest growing region for ITS, says report
    April 15, 2016
    According to Technavio’s latest report, the global intelligent transport systems (ITS) market is expected to exceed US$58 billion by 2020, growing at a CAGR of over eight per cent during the forecast period. The global ITS market is expected to grow moderately during the forecast period. The major customer segments of ITSs are public departments, municipal corporations, government organizations, car and truck leasing companies, and construction firms. “These systems help make traffic and fleet manag
  • Intelligent transportation system (ITS) market worth US$63.66 Billion by 2022
    July 15, 2016
    According to a new market research report, Intelligent Transportation System Market by Roadway (Hardware, Software, & Services), Aviation Tool (Kiosk, Multi-User Flight Information Display, and Smart Gate System), Railway, Maritime, Protocol, Application, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the ITS market size, in terms of value, is expected to grow from US436.10 billion in 2015 to US$63.66 billion by 2022, at a CAGR of 8.3 per cent between 2016 and 2022. The major g
  • Global ITS market expected to reach US$66.5 billion in eight years
    November 28, 2016
    The global intelligent transportation system (ITS) market is expected to reach US$66.5 billion by 2024, according to a new report by Research and Markets. The report, Intelligent Transportation System (ITS) Market Analysis By Type, By Application And Segment Forecasts To 2024, indicates that usage of ITS to reduce road accidents and increase safety is a major driving force for the ITS market. Demand for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication in order to enhance road s
  • Electronic vehicle registration ensures payment
    February 2, 2012
    Like most countries, Bermuda recognised that it was losing revenue through non-compliance with vehicle registration regulations and was equally concerned about vehicles that were not properly insured or put through annual inspections. Indeed, the tiny island state, with a population of around 65,000 people and some 30,000 vehicles, estimated it was losing more than US$1.4 million per year in tax-based revenue since approximately 8 per cent of vehicle owners were cheating the system.