Electronic toll collection is used to collect tolls on roads by electronic methods.
This technology determines that the cars and other automobiles that pass through the toll are enrolled in the system. If not, it alerts the tax collectors that the respective cars are not enrolled in the system. The toll from the enrolled cars is automatically debited, thus avoiding the need for the car to stop at the collection counter.

Market Analysis and Insights: Global Electronic Toll Collection Market
The global Electronic Toll Collection market size is projected to reach US$ 6254.6 million by 2027, from US$ 4840.9 million in 2020, at a CAGR of 3.7% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronic Toll Collection market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronic Toll Collection market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electronic Toll Collection market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electronic Toll Collection market.

Global Electronic Toll Collection Scope and Market Size
Electronic Toll Collection market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electronic Toll Collection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Rfid-Based ETC Systems
Dsrc-Based ETC Systems
Video Analytic-Based ETC Systems
Gnss/Gps-Based ETC Systems

Segment by Application
Highway Tolling
Urban Tolling

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Toshiba
Mitsubishi
MIFARE
Shutoko
Xerox
Kapsch Trafficom AG
Q-Free
Hitachi
Illinois Tollway
Metro Infrasys
Conduent Transportation