Market Overview:
The global OBU (on board unit) for electronic toll collection (ETC) systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of ETC systems across various applications, such as personal, fleet, and enterprise segments. Additionally, the increasing demand for fuel-efficient vehicles is also propelling the growth of the global OBU (on board unit) for ETC systems market. The single-chip OBU (without IC card interface) segment is expected to hold a major share in terms of revenue in 2018 and is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. This can be attributed to its low cost and easy installation process as compared with double-chip OBUs that have an IC card interface.
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Product Definition:
An On Board Unit (OBU) is a small electronic device that is mounted inside or on a vehicle and is used to collect tolls from drivers as they pass through a toll collection point. The OBU communicates with the Electronic Toll Collection (ETC) system to identify the vehicle and collects information about the toll transaction. This information is then used to calculate and bill the driver for the toll amount.
Sngle-chip OBU (Without IC Card Interface):
Single-chip OBU (Sngle-chip OBU) is a non-contact, contactless smart card interface that uses radio frequency identification technology to communicate with the host system. The Sngle chip OBU can be used in various applications such as electronic toll collection systems, access control systems and fare collection systems of public transport.
Double-chip OBU (With IC Card Interface):
The Double-chip OBU (With IC Card Interface) is a smart card technology used in toll collection systems. It helps to reduce the transaction time and avoid traffic congestion on roadways by enabling free flow of traffic through automatic vehicle identification and electronic toll collection. The major advantage of using double-chip OBU is that there are no additional costs for installing it in the existing systems, which makes it feasible for transportation authorities to upgrade their existing infrastructure without having to replace the system entirely.
Application Insights:
The Others application segment held the largest share of over 50.0% in 2017. The Others application includes public transport and other applications such as healthcare, education, and retail among others. Owing to the growing adoption of electronic toll collection systems across these sectors, the Others segment is expected to grow at a significant rate over the forecast period.
The Personal vehicle segment is projected to be one of the fastest-growing segments owing to increasing use of ETC systems in automobiles across various regions including North America and Europe among others. Single-chip OBU with no card interface or double-chip OBU without an IC card reader are used for personal vehicles while multi - chip units with an integrated IC reader are used for commercial vehicles or trucks where transaction security is important enough to warrant a more robust system solution incorporating multiple chipsets components which may not be required for personal cars or light trucks (such as vans).
Regional Analysis:
North America dominated the global OBU market in terms of revenue share in 2016 at over 35.0%. The region is expected to continue its dominance over the forecast period owing to presence of a large number of toll roads and bridges, growing adoption rate for electronic tolling systems, and increasing investments by governments for modernization of transportation infrastructure. Moreover, high usage rates for inter-city buses as well as trains are further anticipated to drive demand from 2017 onwards.
The Asia Pacific regional market is projected to grow at a lucrative CAGR during the forecast period due with rapid urbanization along with rising need for public transport system in countries such as India and China among others are expected fuel growth across this region.
Growth Factors:
- Increasing demand for ETC systems from the transportation sector as a result of government initiatives to promote fuel-efficient and environment-friendly vehicles
- Rising demand for ETC systems from the logistics sector due to the increasing popularity of express delivery services
- Growing number of road construction projects across the globe, which is expected to lead to an increase in adoption of ETC systems
- Proliferation of smart devices and growing penetration of internet connectivity, which is aiding in the growth of connected cars and paving way for widespread adoption of ETC systems
- Emergence new business models such as Mobility as a Service (MaaS), which is providing impetus to the growth prospects for ETC Systems market
Scope Of The Report
Report Attributes
Report Details
Report Title
OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Research Report
By Type
Sngle-chip OBU (Without IC Card Interface), Double-chip OBU (With IC Card Interface)
By Application
Personal, Feet, Enterprise, Others
By Companies
Savari, Runan Rtechnology, JSA, HFW, Beijing Juli Science&Technology CO.,Ltd., Mitsubishi, Kapsch Group, Q-Free, Danlaw 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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Report Segments:
The global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems market is segmented on the basis of:
Types
Sngle-chip OBU (Without IC Card Interface), Double-chip OBU (With IC Card Interface)
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
Personal, Feet, Enterprise, 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:
- Savari
- Runan Rtechnology
- JSA
- HFW
- Beijing Juli Science&Technology CO.,Ltd.
- Mitsubishi
- Kapsch Group
- Q-Free
- Danlaw Inc.
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Highlights of The OBU (On Board Unit) for Electronic Toll Collection (ETC) 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:
- Sngle-chip OBU (Without IC Card Interface)
- Double-chip OBU (With IC Card Interface)
- By Application:
- Personal
- Feet
- Enterprise
- 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 OBU (On Board Unit) for Electronic Toll Collection (ETC) 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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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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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?
The OBU is an electronic toll collection (ETC) system that collects tolls from vehicles travelling on a highway, expressway, or other controlled-access facility.
Some of the major players in the obu (on board unit) for electronic toll collection (etc) systems market are Savari, Runan Rtechnology, JSA, HFW, Beijing Juli Science&Technology CO.,Ltd., Mitsubishi, Kapsch Group, Q-Free, Danlaw Inc..
The obu (on board unit) for electronic toll collection (etc) systems market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size & Forecast, 2018-2028
4.5.1 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size and Y-o-Y Growth
4.5.2 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Absolute $ Opportunity
Chapter 5 Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
5.2.1 Sngle-chip OBU (Without IC Card Interface)
5.2.2 Double-chip OBU (With IC Card Interface)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Feet
6.2.3 Enterprise
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Analysis and Forecast
9.1 Introduction
9.2 North America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
9.6.1 Sngle-chip OBU (Without IC Card Interface)
9.6.2 Double-chip OBU (With IC Card Interface)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Feet
9.10.3 Enterprise
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Analysis and Forecast
10.1 Introduction
10.2 Europe OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
10.6.1 Sngle-chip OBU (Without IC Card Interface)
10.6.2 Double-chip OBU (With IC Card Interface)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Feet
10.10.3 Enterprise
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
11.6.1 Sngle-chip OBU (Without IC Card Interface)
11.6.2 Double-chip OBU (With IC Card Interface)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Feet
11.10.3 Enterprise
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
12.6.1 Sngle-chip OBU (Without IC Card Interface)
12.6.2 Double-chip OBU (With IC Card Interface)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Feet
12.10.3 Enterprise
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Type
13.6.1 Sngle-chip OBU (Without IC Card Interface)
13.6.2 Double-chip OBU (With IC Card Interface)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Feet
13.10.3 Enterprise
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market: Competitive Dashboard
14.2 Global OBU (On Board Unit) for Electronic Toll Collection (ETC) Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Savari
14.3.2 Runan Rtechnology
14.3.3 JSA
14.3.4 HFW
14.3.5 Beijing Juli Science&Technology CO.,Ltd.
14.3.6 Mitsubishi
14.3.7 Kapsch Group
14.3.8 Q-Free
14.3.9 Danlaw Inc.
