전자요금징수 시장 보고서 : 동향, 예측 및 경쟁 분석(-2035년)

Electronic Toll Collection Market

The future of the global electronic toll collection market looks promising with opportunities in the highway and urban area

markets. The global electronic toll collection market is expected to reach an estimated $18 billion by 2035 from $13 billion in 2027 with a CAGR of 10.6% from 2027 to 2035. The major drivers for this market are the increasing adoption of digital payments, the rising demand for smart transportation, and the growing need for efficient toll systems.

• Lucintel forecasts that, within the type category, automatic vehicle identification system will remain the largest segment over the forecast period due to the rising adoption of electronic toll collection systems.
• Within the end-use category, highway is expected to witness the highest growth over the forecast period due to the increasing implementation of smart transportation infrastructure.
• In terms of regions, North America will remain the largest region over the forecast period due to the widespread implementation of advanced electronic toll collection networks.

Emerging Trends in Electronic Toll Collection Market

It is anticipated that fully barrier-free, data-driven networks of toll infrastructure will emerge in the next few years. These networks will be based on satellite positioning, AI analytics, and emissions-based pricing models. From the latest assessment by Lucintel, these merging technologies will transition what prospecting clients think of as modern-day toll systems.

• Barrier-Free Multi-Lane Free-Flow Tolling: The removal of physical toll booths is being replaced with an open-road gantries system. China has expanded its MLFF pilot programs to 2025 and 2026 on G2 and G4 expressways, while Japan aims to implement Electronic Toll Collection (ETC) on 134 of its 178 Metropolitan Expressway Stations by 2026. The physical transformation of this infrastructure will create continued demand for procurement of gantry systems, ANPR, and sensors, well beyond the year 2030, as the remaining lanes are converted.
• Satellite-Based GNSS Tolling: Satellite-based charging will eventually replace fixed toll points. The National Highways Authority of India (NHAI) has piloted GNSS-based Tolling on the Bengaluru-Mysuru Corridor with plans to roll out GNSS-based Tolling across India by the latter half of 2026. Germany's Toll Collect operates its entire LKW-Maut truck network on satellites. GNSS has the potential to completely eliminate the need for traditional physical toll infrastructure, as a result, impacting where a toll authority captures its revenue.
• AI-Enabled Enforcement and Analytics: The deployment of AI systems for the detection of violations and the installation of AI-based audit cameras with AI-enabled systems on Tolling systems is underway. From 2025, India plans to install AI-based audit cameras on its toll plazas. Automated enforcement alleviates
• Dynamic Pricing: In contrast to a flat charge per kilometer, tolls now differ based on vehicle emissions classes. In the second half of 2024, the German LKW-Maut introduced a CO2 surcharge, increasing diesel truck tolls by almost 80%. Increasingly, government agencies will incorporate road pricing systems in an effort to achieve their decarbonization targets. As a result, tolling systems will need to be capable of dynamic pricing.
• Cross-border Operational Interoperability: The systems within a single region are standardizing to offer cross-border access to a universal transponder. In 2025, the European Electronic Toll Service will certify a greater number of providers for the provision of pan-European coverage. Currently, fragmented systems across nations continue to stifle and limit access to cross-border trade. As such, interoperability mandates will continue to drive vendors toward integrated back-office systems.

Taken together, these changes predict that future tolling systems will be more like sophisticated data systems than payment systems. Companies that offer GNSS, AI and emissions-linked pricing within a single platform will gain a competitive advantage in the new market of systems integration as old systems are renewed.

Recent Developments in the Electronic Toll Collection Market

Satellite-based systems and government approvals spurring consolidation in the toll operator space led to a rapid increase in deals in 2024-2026, per Lucintel. This acceleration has an impact on how infrastructure is constructed, financed, and operated.

• Major Industry Acquisition: Quarterhill's purchase of Conduent's tolling business in June 2026 was finalized for an estimated total of $70 million plus a 7% equity stake in Quarterhill. This combination more than tripled Quarterhill's tolling revenue and created further market share concentration against Kapsch TrafficCom, TransCore and Siemens Mobility. Further consolidation is likely as smaller players will need to combine to attempt large agency program bids.
• Corporate Restructuring: With unfavorable Fiscal 2025/2026 primary repayments suspended until March 2028, Kapsch TrafficCom signed a binding term sheet and standstill agreement with primary creditors, in July 2026. Smaller competitors will likely struggle to absorb the margin pressures that will come as a result of established vendors in this space experiencing financial distress.
• Government Program Approval: The Ministry of Road Transport in India announced that the GNSS-based satellite tolling system would replace FASTag by the end of 2026. Evaluating the system built for this scale will give the GNSS technology vendors other programs to build in other countries.
• Regulatory Toll Expansion: Germany's Lkw-Maut now covers all vehicles with a gross weight above 3.5 tonnes, starting in July 2024. A CO2 surcharge means diesel truck tolls went up by almost 80%. The expanded coverage and emissions-linked pricing means years of deploying and recalibrating OBUs for Toll Collect.
• Infrastructure Modernization Contract: Japan's Metropolitan Expressway has committed to converting 134 of 178 toll stations to ETC-only by the end of fiscal 2026, and the full conversion of the network is expected by fiscal 2028. Massive conversion contracts of this nature give equipment suppliers and system integrators multi-year, stable revenue.

Consolidation and financial pressure on established vendors is changing who controls the technology stack, despite ongoing government spending on infrastructure in India, Germany, and Japan. Those financially stable suppliers also have GNSS and AI will win most of the contracts up to 2030.

Strategic Growth Opportunities in the Electronic Toll Collection Market

Vendors of toll technology have been discovering new streams of revenue outside traditional highway corridors as cities, freight networks, and cloud infrastructure create new application scenes. In the latest market study by Lucintel, it is estimated that operators moving into adjacent segments will increase their revenue more than the anticipated growth of the core interstate tolling business.

• Urban Congestion Pricing: More and more cities are using tolling technologies to manage traffic within their urban cores. New York City's Central Business District Tolling Program (initiated in Jan 2025) charges most vehicles $9 to enter Manhattan south of 60th street during peak hours. London charged vehicle entry to the city center at 30% lower than previous prices to manage congestion. Many of the world's and U.S.'s largest cities have significant congestion issues. If New York City's CBST Program is financially successful, there will be more municipal contracts for similar programs.
• Road User Charging Beyond Highways: The market for Road User Charging is estimated to reach $12.4 billion by end of 2025 and the use of GNSS/GPS technologies is expected to be the largest growing component of the market. With this technology within tolling, the vendors also have the ability to create revenue streams from customer's distance-based charges.
• Cloud-Based Back-Office Services: Toll operators that used cloud infrastructure for their back office operations reached 29% in 2026 (compared to 12% in 2022). This provides them a recurring software-as-a-service revenue stream that is more profitable and less prone to loss of revenue as compared to hardware sales that have a limited profit potential.
• Dynamic Pricing Software: Agencies are investing about 40% each year to implement demand responsive pricing as opposed to a rigid toll pricing system. For vendors, software that has dynamic pricing capability will become a differentiating feature for premium tolling systems as compared to basic hardware.
• Emerging Market Infrastructure: The Middle East and Africa show potential with Saudi Arabia, UAE and South Africa's growing toll projects. Dubai's Salik system will implement variable peak-hour pricing starting from January 2025. Fast pace urbanization allows for vendors to enter the market before their competitors gain a monopoly as seen in Europe and North America.

Compared to traditional hardware, vendors entering urban pricing, cloud services, and new markets are looking like software and data companies. For toll gantries, revenue will be more and more subscription based. Without subscription based software, gantries will slowly diminish and become a more and more commoditized market.

Electronic Toll Collection Market Drivers and Challenges

Combined with the government investment in space-based infrastructure, the increasing digitization of vehicles will push electronic tolling infrastructure to satellite-based systems. While the cost to upgrade legacy systems and the risk of cyberattacks will slow the market. The next decade will see increased investment from vendors towards these systems as these two competing forces create the greatest market pressure.

The factors responsible for driving the electronic toll collection market include:

• Investment in Highway Infrastructure: Highway modernization and open-road tolling programs are funding initiatives of both state and federal entities. Forecasts indicate that the North America ETC market will grow from $3.11 billion in 2025 to $3.65 billion in 2030. Investment gives vendors the ability to develop endless pipelines of long-term contracts.
• Cross-Border Travel: The Interoperable European Electronic Tolling Service of the European Commission aims to provide electronic tolling on the entirety of the member states, as well as implement full interoperability across the regions. The service is expected to increase ETC by approximately 25% by the year 2025.
• AI and Automation: Automation of the back office and the integration of AI to detect violations and analyze traffic will allow systems to price dynamically. This will then reduce travel during peak hours by 20%. Automation will lower staff costs while also reducing revenue leakage.
• Smart Cities: Cities like Amsterdam and Barcelona will incorporate tolling into urban mobility, further expanding the market. The transformation of cities into urban mobility integrated tolling systems makes up over 40% of the entire ETC market.
• Electric Vehicle Tag Bundling: Over 15 million bundled toll EV charging tags are expected to be issued by early 2024. As EV adoption increases, natural cross selling opportunities start to emerge, linking a customer's tolling account to the wider vehicle charging ecosystem.

The challenges facing the electronic toll collection market include:

• Converting legacy systems to fully electronic infrastructure is a high capital expenditure. This is especially true for rural corridors where the volume of traffic may not justify the cost of conversion. Regardless, the high capital expenditures for conversion will continue to slow the implementation of fully electronic tolling systems outside urban and interstate corridors.
• Cybersecurity and Data Privacy: The majority (75%) of the U.S. tolling systems still utilize RFID technology, creating a serious risk for unauthorized access to the systems. Meanwhile, payment systems create a network of exposure to data privacy concerns. These systems increase the risk of a security breach, which creates operational costs that do not increase the volume of transactions.
• Interoperability Fragmentation: Only 40% of the Latin American toll roads have systems to support electronic payment across tolling networks. Even as Europe is moving toward integration, there are still fragmented regional systems that create higher costs for vendors operating in diverse jurisdictions.

Of the three challenges, the ability to integrate secure systems will grant the most competitive advantage to vendors in the second half of the decade. Fragmented legacy systems that lack an integration and security plan will still be vulnerable to the more consolidated, highly technical competitors.

List of Electronic Toll Collection Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies electronic toll collection market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic toll collection market companies profiled in this report include-

• Thales Group
• TRMI Systems Integration
• EFKON
• Honeywell International, Inc.
• Kapsch TrafficCom AG
• Mitsubishi Heavy Industries, Ltd.
• Perceptics
• Q-Free
• IRD
• Transcore Holdings, Inc.

Electronic Toll Collection Market by Segment

The study includes a forecast for the global electronic toll collection market by type, technology, end use, and region.

Electronic Toll Collection Market by Type [Value ($B) from 2019 to 2035]:

• Automatic Vehicle Classification
• Violation Enforcement System
• Automatic Vehicle Identification System
• Others

Electronic Toll Collection Market by Technology [Value ($B) from 2019 to 2035]:

• Radio Frequency Identification
• Dedicated Short Range Communication
• Global Navigation Satellite System
• Video Analytics
• Cell Phone Tolling
• Others

Electronic Toll Collection Market by End Use [Value ($B) from 2019 to 2035]:

• Highway
• Urban Area

Electronic Toll Collection Market by Region [Value ($B) from 2019 to 2035]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Electronic Toll Collection Market

Toll authorities are migrating from RFID systems to satellite-based, barrier-free solutions and are doubling down on mandates and supporting infrastructure by 2026. Lucintel's research on the market suggests that procurement strategies for toll technology in both advanced and growing markets have been affected by this shift.

• United States: ETC operators deployed GNSS and ANPR based open-road-tolls and AI based violation detection. Increased systems integration mandates among state tolling authorities will create opportunities for multi-state system integration contracts from 2020 to 2030.
• China: The Ministry of Transport will roll out free-flow GNSS based multi-lane tolling systems on the G2 Beijing-Shanghai as well as the G4 Beijing-Hong Kong-Macao expressways in 2025 and 2026 in addition to the national expressway network spanning over 150,000 km. This system will replace the ETC lanes that will eliminate stop-and-go tolling systems for freight.
• Germany: Toll Collect will introduce a manual payment option named TollNow for individual truck trips in 2026, following the extension of LKW-Maut in July 2024 to all vehicles over 3.5 tonnes with a variable charge based on CO2 emissions. Satellite-based tolling systems will remain a profitable market for fleet operators.
• India: NHAI has initiated GNSS based satellite tolling systems on the Bengaluru-Mysuru and Panipat-Hisar corridors. In addition, they will replace FASTag across the country by the end of 2026 as per the Ministry of Road Transport and Highways. The switchover is expected to generate an additional USD 6 billion from toll collection.
• Japan: By the end of fiscal 2026, Metropolitan Expressway plans to convert 134 of 178 toll stations to ETC-only lanes, with completion of all stations by fiscal 2028; as ETC use in passenger vehicles reaches nearly 93%, eliminating cash lanes will change the toll plaza construction budget across the country.

Features of the Global Electronic Toll Collection Market

• Market Size Estimates: electronic toll collection market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2026) and forecast (2027 to 2035) by various segments and regions.
• Segmentation Analysis: electronic toll collection market size by type, technology, end use, and region in terms of value ($B).
• Regional Analysis: electronic toll collection market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different types, technology, end uses, and regions for the electronic toll collection market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic toll collection market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electronic toll collection market by type (automatic vehicle classification , violation enforcement system, automatic vehicle identification system , and others), technology (radio frequency identification , dedicated short range communication, global navigation satellite system, video analytics, cell phone tolling, and others), end use (highway and urban area), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 6 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.1 Macroeconomic Trends and Forecasts
• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Electronic Toll Collection Market by Type

• 4.1 Overview
• 4.2 Attractiveness Analysis by Type
• 4.3 Automatic Vehicle Classification : Trends and Forecast (2019 to 2035)
• 4.4 Violation Enforcement System : Trends and Forecast (2019 to 2035)
• 4.5 Automatic Vehicle Identification System : Trends and Forecast (2019 to 2035)
• 4.6 Others : Trends and Forecast (2019 to 2035)

5. Global Electronic Toll Collection Market by Technology

• 5.1 Overview
• 5.2 Attractiveness Analysis by Technology
• 5.3 Radio Frequency Identification : Trends and Forecast (2019 to 2035)
• 5.4 Dedicated Short Range Communication : Trends and Forecast (2019 to 2035)
• 5.5 Global Navigation Satellite System : Trends and Forecast (2019 to 2035)
• 5.6 Video Analytics : Trends and Forecast (2019 to 2035)
• 5.7 Cell Phone Tolling : Trends and Forecast (2019 to 2035)
• 5.8 Others : Trends and Forecast (2019 to 2035)

6. Global Electronic Toll Collection Market by End Use

• 6.1 Overview
• 6.2 Attractiveness Analysis by End Use
• 6.3 Highway : Trends and Forecast (2019 to 2035)
• 6.4 Urban Area : Trends and Forecast (2019 to 2035)

7. Regional Analysis

• 7.1 Overview
• 7.2 Global Electronic Toll Collection Market by Region

8. North American Electronic Toll Collection Market

• 8.1 Overview
• 8.2 North American Electronic Toll Collection Market by Type
• 8.3 North American Electronic Toll Collection Market by End Use
• 8.4 The United States Electronic Toll Collection Market
• 8.5 Canadian Electronic Toll Collection Market
• 8.6 Mexican Electronic Toll Collection Market

9. European Electronic Toll Collection Market

• 9.1 Overview
• 9.2 European Electronic Toll Collection Market by Type
• 9.3 European Electronic Toll Collection Market by End Use
• 9.4 German Electronic Toll Collection Market
• 9.5 French Electronic Toll Collection Market
• 9.6 Italian Electronic Toll Collection Market
• 9.7 Spanish Electronic Toll Collection Market
• 9.8 The United Kingdom Electronic Toll Collection Market

10. APAC Electronic Toll Collection Market

• 10.1 Overview
• 10.2 APAC Electronic Toll Collection Market by Type
• 10.3 APAC Electronic Toll Collection Market by End Use
• 10.4 Chinese Electronic Toll Collection Market
• 10.5 Indian Electronic Toll Collection Market
• 10.6 Japanese Electronic Toll Collection Market
• 10.7 South Korean Electronic Toll Collection Market
• 10.8 Indonesian Electronic Toll Collection Market

11. ROW Electronic Toll Collection Market

• 11.1 Overview
• 11.2 ROW Electronic Toll Collection Market by Type
• 11.3 ROW Electronic Toll Collection Market by End Use
• 11.4 Middle Eastern Electronic Toll Collection Market
• 11.5 South American Electronic Toll Collection Market
• 11.6 African Electronic Toll Collection Market

12. Competitor Analysis

• 12.1 Product Portfolio Analysis
• 12.2 Operational Integration
• 12.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 12.4 Market Share Analysis

13. Opportunities & Strategic Analysis

• 13.1 Value Chain Analysis
• 13.2 Growth Opportunity Analysis
  • 13.2.1 Growth Opportunity by Type
  • 13.2.2 Growth Opportunity by Technology
  • 13.2.3 Growth Opportunity by End Use
  • 13.2.4 Growth Opportunity by Region
• 13.3 Emerging Trends in the Global Electronic Toll Collection Market
• 13.4 Strategic Analysis
  • 13.4.1 New Product Development
  • 13.4.2 Certification and Licensing
  • 13.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

14. Company Profiles of the Leading Players Across the Value Chain

• 14.1 Competitive Analysis Overview
• 14.2 Thales Group
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.3 TRMI Systems Integration
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.4 EFKON
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.5 Honeywell International, Inc.
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.6 Kapsch TrafficCom AG
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.7 Mitsubishi Heavy Industries, Ltd.
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.8 Perceptics
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.9 Q-Free
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.10 IRD
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 14.11 Transcore Holdings, Inc.
  • Company Overview
  • Electronic Toll Collection Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

15. Appendix

• 15.1 List of Figures
• 15.2 List of Tables
• 15.3 Research Methodology
• 15.4 Disclaimer
• 15.5 Copyright
• 15.6 Abbreviations and Technical Units
• 15.7 About Us
• 15.8 Contact Us