Global E-Toll Market was worth US$ 9.78 Bn. in 2019 and overall revenue is anticipated to rise at a rate of 9.35% from 2021 to 2027, reaching almost US$ 17.52 Bn. in 2027.
𝐌𝐞𝐫𝐠𝐞𝐫𝐬 & 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬/𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
The E-Toll market has witnessed notable strategic movements in recent years, marked by key mergers, acquisitions, and collaborations aimed at strengthening digital tolling capabilities. In 2024, Kapsch TrafficCom acquired select assets of Q-Free’s Intelligent Transportation Systems (ITS) division, aiming to expand its portfolio in electronic toll collection and smart mobility solutions across Europe and North America. Meanwhile, Conduent Transportation entered a strategic partnership with Neology Inc. to co-develop advanced tolling technologies leveraging AI and computer vision. Governments and transport authorities have also ramped up initiatives; for instance, the Indian government awarded several new BOT (Build-Operate-Transfer) contracts to private players to accelerate the nationwide FASTag implementation. These developments underscore a rapidly evolving landscape where public-private collaboration, tech innovation, and consolidation are reshaping the future of digital tolling infrastructure..
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the E-Toll industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global E-Toll market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Cubic Transportation Systems, Inc. • Siemens AG • Conduent Incorporated • Thales Group • Toshiba Corporation • Kapsch Group • TransCore LP • Raytheon Company, • Transcore (Roper Technologies) • Efkon GmbH • Neology (Formerly 3M) • Vinci
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the E-Toll market.
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It has segmented the global E-Toll market
Based on Type,
automatic vehicle classification (AVC),
Violation enforcement systems (VEC),
Automatic vehicle identification systems (AVIS).
Based on Technology,
Radio-Frequency Identification (RFID)
Dedicated Short-Range Communication (DSRC).
Key Objectives of the Global E-Toll Market Report:
The report conducts a comparative assessment of the leading market players participating in the globalE-Toll
The report marks the notable developments that have recently taken place in the E-Toll industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of theE-Tollmarket value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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