The global automatic tolling systems market is expected to grow at a CAGR of 7.5% during the forecast period, from 2021-2030. The growth of this market is attributed to the increasing number of toll roads and bridges in developing countries such as India and China. The toll roads and bridges are being built for better connectivity between cities, which will lead to an increase in the number of vehicles on these roads. This will result in an increase in traffic congestion, which will be resolved by implementing automatic tolls systems that can charge vehicles automatically without any human intervention.
The global automatic tolling systems market is segmented into four types: AVI technology, AVC technology, DSRC technology and by application (toll roads, toll bridges, toll tunnels and parking lots). The AVI technology segment accounted for the largest share of this market with a share of over 50%. This can be attributed to its low cost compared with other technologies such as DSRC or AVC technologies.
- The introduction of the E-ZPass system in the United States has led to a reduction in traffic congestion and pollution.
- The introduction of the E-ZPass system has also led to an increase in revenue for toll authorities, as drivers are more likely to use toll roads when they can pay electronically and not have to stop at a booth or kiosk.
- Tolling systems are being introduced around the world, with countries such as Singapore, Malaysia, and Thailand all implementing them on their highways.
- Tolling systems are also being introduced on bridges and tunnels that cross international borders between countries such as Canada and Mexico, where there is no need for border checks because vehicles do not stop at booths or kiosks when crossing from one country into another country's territory.
- Automatic tolls systems will continue to grow due to increased traffic congestion around major cities.
Industry Growth Insights published a new data on “Automatic Tolling Systems Market”. The research report is titled “Automatic Tolling Systems Market research by Types (AVI Technology, AVC Technology, DSRC Technology, Others), By Applications (Toll Roads, Toll Bridges, Toll Tunnels, Parking Lots, Others), By Players/Companies STMicroelectronics, TagMaster, Kapsch AG, Raytheon, TransCore, Conduent, Thales, Cubic Transportation Systems (CTS), Siemens, EFKON, Neology, ATS Automation Tooling Systems Inc”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Tolling Systems Market Research Report
By Type
AVI Technology, AVC Technology, DSRC Technology, Others
By Application
Toll Roads, Toll Bridges, Toll Tunnels, Parking Lots, Others
By Companies
STMicroelectronics, TagMaster, Kapsch AG, Raytheon, TransCore, Conduent, Thales, Cubic Transportation Systems (CTS), Siemens, EFKON, Neology, ATS Automation Tooling Systems Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Tolling Systems Market Report Segments:
The global Automatic Tolling Systems market is segmented on the basis of:
Types
AVI Technology, AVC Technology, DSRC Technology, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Toll Roads, Toll Bridges, Toll Tunnels, Parking Lots, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STMicroelectronics
- TagMaster
- Kapsch AG
- Raytheon
- TransCore
- Conduent
- Thales
- Cubic Transportation Systems (CTS)
- Siemens
- EFKON
- Neology
- ATS Automation Tooling Systems Inc
Highlights of The Automatic Tolling Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AVI Technology
- AVC Technology
- DSRC Technology
- Others
- By Application:
- Toll Roads
- Toll Bridges
- Toll Tunnels
- Parking Lots
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Tolling Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automatic tolling systems are a type of electronic tolling system that automatically charges drivers for using certain types of roads. These systems use cameras and sensors to detect when a vehicle is passing through a toll gate, and then charge the driver based on the distance traveled.
Some of the key players operating in the automatic tolling systems market are STMicroelectronics, TagMaster, Kapsch AG, Raytheon, TransCore, Conduent, Thales, Cubic Transportation Systems (CTS), Siemens, EFKON, Neology, ATS Automation Tooling Systems Inc.
The automatic tolling systems market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automatic Tolling Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automatic Tolling Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automatic Tolling Systems Market - Supply Chain
4.5. Global Automatic Tolling Systems Market Forecast
4.5.1. Automatic Tolling Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automatic Tolling Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automatic Tolling Systems Market Absolute $ Opportunity
5. Global Automatic Tolling Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automatic Tolling Systems Market Size and Volume Forecast by Type
5.3.1. AVI Technology
5.3.2. AVC Technology
5.3.3. DSRC Technology
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automatic Tolling Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automatic Tolling Systems Market Size and Volume Forecast by Application
6.3.1. Toll Roads
6.3.2. Toll Bridges
6.3.3. Toll Tunnels
6.3.4. Parking Lots
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automatic Tolling Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automatic Tolling Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automatic Tolling Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automatic Tolling Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automatic Tolling Systems Demand Share Forecast, 2019-2026
9. North America Automatic Tolling Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automatic Tolling Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automatic Tolling Systems Market Size and Volume Forecast by Application
9.4.1. Toll Roads
9.4.2. Toll Bridges
9.4.3. Toll Tunnels
9.4.4. Parking Lots
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automatic Tolling Systems Market Size and Volume Forecast by Type
9.7.1. AVI Technology
9.7.2. AVC Technology
9.7.3. DSRC Technology
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automatic Tolling Systems Demand Share Forecast, 2019-2026
10. Latin America Automatic Tolling Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automatic Tolling Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automatic Tolling Systems Market Size and Volume Forecast by Application
10.4.1. Toll Roads
10.4.2. Toll Bridges
10.4.3. Toll Tunnels
10.4.4. Parking Lots
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automatic Tolling Systems Market Size and Volume Forecast by Type
10.7.1. AVI Technology
10.7.2. AVC Technology
10.7.3. DSRC Technology
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automatic Tolling Systems Demand Share Forecast, 2019-2026
11. Europe Automatic Tolling Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automatic Tolling Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automatic Tolling Systems Market Size and Volume Forecast by Application
11.4.1. Toll Roads
11.4.2. Toll Bridges
11.4.3. Toll Tunnels
11.4.4. Parking Lots
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automatic Tolling Systems Market Size and Volume Forecast by Type
11.7.1. AVI Technology
11.7.2. AVC Technology
11.7.3. DSRC Technology
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automatic Tolling Systems Demand Share, 2019-2026
12. Asia Pacific Automatic Tolling Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automatic Tolling Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automatic Tolling Systems Market Size and Volume Forecast by Application
12.4.1. Toll Roads
12.4.2. Toll Bridges
12.4.3. Toll Tunnels
12.4.4. Parking Lots
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automatic Tolling Systems Market Size and Volume Forecast by Type
12.7.1. AVI Technology
12.7.2. AVC Technology
12.7.3. DSRC Technology
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automatic Tolling Systems Demand Share, 2019-2026
13. Middle East & Africa Automatic Tolling Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automatic Tolling Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automatic Tolling Systems Market Size and Volume Forecast by Application
13.4.1. Toll Roads
13.4.2. Toll Bridges
13.4.3. Toll Tunnels
13.4.4. Parking Lots
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automatic Tolling Systems Market Size and Volume Forecast by Type
13.7.1. AVI Technology
13.7.2. AVC Technology
13.7.3. DSRC Technology
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automatic Tolling Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automatic Tolling Systems Market: Market Share Analysis
14.2. Automatic Tolling Systems Distributors and Customers
14.3. Automatic Tolling Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. STMicroelectronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TagMaster
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kapsch AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Raytheon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TransCore
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Conduent
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thales
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cubic Transportation Systems (CTS)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Siemens
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EFKON
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Neology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ATS Automation Tooling Systems Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
