Vehicle Toll Collection and Access Systems Market Analysis & Forecast 2024-2030

Global Vehicle Toll Collection and Access Systems Market is expected to reach USD 12560.77 million by 2031 with CAGR of 11 % between 2025 and 2031

Every construction and road needs maintenance and recovery. The cost required for maintenance and recovery of highways, roads, bridges and tunnels is collected directly or indirectly from public. This is known as toll collection. But in indirect tax pay method, people who do not use roads have to pay extra taxes. Where as in direct method, toll is directly collected from drivers passing the tollway. The manual collection of tolls at toll booths causes traffic and delays. Therefore manual toll collection is replaced by electronic toll collection systems to eliminate manual operation by toll payers and receivers.  

Depending on technology used for toll collection, the market is segmented into RFID-Based Electronic Toll Collection System, Dedicated short range communications DSRC-Based Electronic Toll Collection System, Video Analytics-Based Electronic Toll Collection System and GNSS/GPS-Based Electronic Toll Collection System. Currently, RFID and DSRC dominated the market. In upcoming years video analyst and GNSS/GPS systems are expected to experience higher growth rate, because of increasing cases of toll violations, which raise the need for an improved toll management solution.  

The video analytics technology helps to identify and record violations. Also it uses special cameras to take photographs of the violating vehicle’s license plate. Automatic Vehicle Identification (AVI) and RFID technology introduced new aspect in vehicle access and tolling industry. AVI helps to determine the identification or ownership of the vehicle so that the toll will be charged to the corresponding customer. It is used in applications like toll collection, vehicle management, traffic management, and safety and law enforcement. These advances in toll collection helps in eliminating traffic on highways in urban areas. Depending on application toll collection and vehicle access system market is divided into highway and urban bridges.  

North America and Europe shares largest market for toll collection and vehicle access systems. Several developed and developing countries across the world invest and adopt new technology, this is the major factor for growth the market. It is expected that growth rate will be double in these countries during forecast period.  

Profshare Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study on Vehicle Toll Collection and Access Systems Market helps users to make precise decision to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in Vehicle Toll Collection and Access Systems Market also covers financial overview, market strategies, new product analysis and marketing trends.  

Vehicle Toll Collection and Access Systems Market : Product Type

• RFID-Based Electronic Toll Collection System
• DSRC-Based Electronic Toll Collection System
• Video Analytics-Based Electronic Toll Collection System
• GNSS/GPS-Based Electronic Toll Collection System

Vehicle Toll Collection and Access Systems Market : End Users/ Applications

• Highway
• Urban

Vehicle Toll Collection and Access Systems Market : Companies Covered

• Schneider Electric
• Feig Electronics
• Siemens
• Thales Group
• Robert Bosch
• Denso
• Efkon AG
• Magnetic Autocontrol
• Hitachi
• TRMI Systems
• Mitsubishi Heavy Industries
• 3M
• Xerox
• Mark IV Industries
• TransCore
• Magnetic Autocontrol
• Nedap
• Automatic Systems-IER Group
• Stid Electronic Identification

Vehicle Toll Collection and Access Systems Market : Regional Analysis

• North America
  • U.S.A
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Vehicle Toll Collection and Access Systems Market report delivers comprehensive analysis of :

• Market Forecast for 2017-24
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis.
• End-user/application Analysis

Global Vehicle Toll Collection and Access Systems Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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