As per the current market research conducted by the CMI Team, the global Automotive Electronic Toll Collection (ETC)Market size is expected to record a CAGR of 10.2% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 12.3 billion. By 2032, the valuation is anticipated to reach USD 32.7 billion.

Automotive Electronic Toll Collection (ETC) Market: Growth Factors and Dynamics

  • Government Initiatives and Regulations: Increasing government initiatives to modernize transportation infrastructure and reduce traffic congestion have fuelled the adoption of ETC systems. Regulations mandating electronic tolling in many regions have led to widespread implementation of these systems, boosting market growth.
  • Efficiency and Convenience: ETC systems offer seamless and convenient toll payment experiences, reducing traffic bottlenecks and travel time for commuters. As travellers value hassle-free journeys, the demand for ETC systems has risen, leading to market expansion.
  • Technological Advancements: Continuous technological advancements have enhanced ETC systems. Integration with GPS and communication technologies allows for real-time tolling, dynamic pricing, and interoperability across different toll roads, contributing to market growth.
  • Urbanization and Population Growth: Rapid urbanization and increasing vehicle ownership have heightened the need for efficient toll collection methods. ETC systems cater to the growing number of vehicles on roadways, enhancing traffic management and positively impacting the market.
  • Contactless and Cashless Trends: The global shift towards contactless and cashless transactions aligns with ETC systems’ nature, as they eliminate the need for physical cash transactions at toll booths. The preference for digital payments has accelerated ETC adoption, fostering market expansion.
  • Environmental Concerns: ETC systems promote environmental sustainability by reducing idling time and fuel consumption at toll booths. As sustainability becomes a priority, both for governments and consumers, the adoption of ETC systems aligns with eco-friendly transportation initiatives, driving market growth.
  • Interoperability and Multi-Jurisdictional Travel: The push for interoperability among different ETC systems enables seamless travel across regions with diverse tolling methods. As cross-border and multi-jurisdictional travel becomes more common, ETC systems that work across various toll networks contribute to market growth.
  • Data Analytics and Insights: ETC systems generate a wealth of data regarding traffic patterns, vehicle movements, and toll collection. Leveraging data analytics offers valuable insights for transportation planning, infrastructure development, and congestion management, adding another dimension to the market’s growth potential.

Automotive Electronic Toll Collection (ETC) Market: Partnership and Acquisitions

  • Conduent Introduces First-of-Their-Kind Digital Payment Solutions: In 2023, Conduent introduces first-of-their-kind digital payment solutions for tolling and other transportation uses. Fast, secure and convenient real-time payments over the RTP ® network will allow toll road users to digitally pay bills and fund their accounts while tolling agencies will be able to send invoices and receive payment in minutes.
  • Kapsch TrafficCom AG Acquires Schneider Electric’s Transportation Business: Kapsch TrafficCom AG acquired Schneider Electric’s transportation business, strengthening its portfolio in tolling and traffic management solutions. Schneider’s Transportation Business, formerly operating as the Telvent Tráfico y Transporte, offers an industry portfolio of integrated Advanced Traffic Management Software (ATMS) solutions – for urban, highway and tunnel applications as well as tolling and transit solutions.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 14.3 Billion
Projected Market Size in 2032 USD 32.7 Billion
Market Size in 2022 USD 12.3 Billion
CAGR Growth Rate 10.2% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Sub System, Technology, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Automotive Electronic Toll Collection (ETC) Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Automotive Electronic Toll Collection (ETC) Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

  • Reduced Traffic and Toll Revenue: During the pandemic, lockdowns and restrictions led to decreased traffic on roads, resulting in a significant reduction in toll collection. This had a direct negative impact on the revenue generated through ETC systems.
  • Operational Disruptions: The implementation of lockdowns and social distancing measures affected the maintenance and operational aspects of ETC infrastructure. Installation and maintenance activities were hindered, causing delays in system upgrades and expansions.
  • Economic Recovery and Increased Mobility: As economies recover and travel restrictions ease, traffic volumes are expected to rebound. This resurgence in mobility will lead to a proportional recovery in toll collection, revitalizing the ETC market.
  • Technological Upgrades and Innovations: Post-pandemic, the ETC market will likely focus on technological advancements such as touchless payment options, mobile app integrations, and digital wallets, aligning with the growing demand for contactless transactions.
  • Government Investment in Infrastructure: Governments may allocate funds to revitalize transportation infrastructure, including ETC systems, as part of economic recovery plans. Such investments can accelerate the adoption of ETC systems and support market recovery.
  • Promotion of Sustainable Transportation: COVID-19 underscored the importance of sustainable and efficient transportation systems. Governments and organizations might emphasize ETC systems as part of strategies to reduce congestion and environmental impact, contributing to market rebound.
  • Shift towards Contactless Payments: The pandemic accelerated the global shift towards contactless payment methods. ETC systems, inherently designed for cashless transactions, align with this trend, driving increased adoption as consumers prioritize health and convenience.
  • Integration with Smart Infrastructure: Recovery can be bolstered by integrating ETC systems with smart city infrastructure initiatives. Collaborations with urban planning projects, connected vehicle networks, and intelligent traffic management systems can enhance the overall transportation ecosystem, stimulating ETC market recovery.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Automotive Electronic Toll Collection (ETC) Market, with some challenges and opportunities arising from the pandemic.

Global Automotive Electronic Toll Collection Market 2023–2032 (By Billion)

List of the prominent players in the Automotive Electronic Toll Collection (ETC) Market:

  • Kapsch TrafficCom AG
  • Conduent Incorporated
  • Thales Group
  • Siemens Mobility GmbH
  • Cubic Transportation Systems Inc.
  • Q-Free ASA
  • TransCore Holdings Inc.
  • Efkon AG
  • Raytheon Technologies Corporation
  • Others

The Automotive Electronic Toll Collection (ETC) Market is segmented as follows:

By Sub System

  • Automated Vehicle Identification
  • Automated Vehicle Classification
  • Violation Enforcement System
  • Transaction Processing

By Technology

  • Radio-frequency Identification (RFID)
  • Dedicated Short-range Communication (DSRC)
  • Infrared
  • GNSS & GPS
  • Video Analytics

By Application

  • Urban
  • Highways

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America


  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America