Business
Electronic Toll Collection Market Forecast and Company Analysis Report 2025-2030, Featuring Kapsch Trafficcom, Conduent, Efkon, Thales, Q-Free, Cubic, Skytoll, Quarterhill, Perceptics, and More
The electronic toll collection market is projected to surge, reaching USD 15.20 billion by 2030 with an 8.3% CAGR. Key growth drivers include rising traffic congestion and the necessity for efficient toll management systems, despite challenges like technological reliance. Growth is notable in Asia Pacific where transponders/tag-based tolling systems are gaining traction due to rapid urbanization in China, India, Japan, and South Korea. North American highways will dominate the market, with ETC s
About this update from Quarterhill Inc
[{"type":"image","alt":"Company Logo","displaySize":"","headline":null,"caption":"Company Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":36,"url":"https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g_3H8YP5.WdAX5cBtX03VA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65","width":300,"height":36}},"lazy":false},{"type":"text","content":"The electronic toll collection market is projected to surge, reaching USD 15.20 billion by 2030 with an 8.3% CAGR. Key growth drivers include rising traffic congestion and the necessity for efficient toll management systems, despite challenges like technological reliance. Growth is notable in Asia Pacific where transponders/tag-based tolling systems are gaining traction due to rapid urbanization in China, India, Japan, and South Korea. North American highways will dominate the market, with ETC systems enhancing road safety and reducing emissions. The US is set to lead the market growth. Key players include Kapsch TrafficCom, Conduent, and Siemens.","length":655,"tagName":"p"},{"type":"text","content":"Electronic Toll Collection Market","length":33,"tagName":"p"},{"type":"image","alt":"Electronic Toll Collection Market","displaySize":"","headline":null,"caption":"Electronic Toll Collection Market","credit":"GlobeNewswire Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":600,"height":400,"url":"https://media.zenfs.com/en/globenewswire.com/860a7109dae4ffa6a26d224bc366285f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/N2yfnMXWnCFM2OAJr4nIfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/860a7109dae4ffa6a26d224bc366285f","width":600,"height":400}}},{"type":"text","content":"Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Electronic Toll Collection Market by Radio-Frequency Identification, Dedicated Short-Range Communications, Hardware, Back Office & Other Services, Highways, Urban Areas, Transponders/Tag-based Tolling Systems and Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.","length":365,"tagName":"p"},{"type":"text","content":"The electronic toll collection market is set to grow from USD ...