openPR Logo
Press release

Middle East Embraces ETC with Major Deployments in Dubai and Saudi Arabia

Electronic Toll Collection Market

Electronic Toll Collection Market

Overview and Market Forecast

he Global Electronic Toll Collection (ETC) Market, valued at USD 8.58 billion in 2023, is projected to reach USD 14.34 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.6%. The increasing demand for congestion-free toll operations, efficient toll collection systems, and the integration of intelligent transportation technologies is driving this upward trend globally.

Competitive Landscape and Regional Demand
Major players shaping the competitive landscape include Kapsch TrafficCom, Conduent Business Services, EFKON GmbH, TransCore, Thales Group, Raytheon Technologies, Cubic Corporation, Siemens, and Neology, Inc. North America currently holds the largest share, while Asia Pacific is witnessing the highest growth rate, fueled by large-scale government-backed infrastructure initiatives and increased urbanization.

Get a deeper look at the data by requesting a sample report today : https://www.maximizemarketresearch.com/request-sample/23914/

ETC Growth in the United States: Infrastructure Investments and Smart Mobility

The United States dominates the ETC market in North America, thanks to extensive implementation of systems such as E-ZPass, SunPass, and TxTag. Increased investments in highway digitization and smart mobility infrastructure continue to bolster market growth.

Recent Developments and Consolidation:

TransCore expanded its contract portfolio with public transportation departments across multiple states.
Conduent introduced a next-generation DSRC-based ETC platform to improve interoperability and transaction accuracy.
M&A activity includes collaboration between regional toll authorities and tech providers to streamline traffic management.
ETC Opportunities in Asia Pacific: Rapid Adoption and Innovation

Asia Pacific is the fastest-growing ETC market, led by technological innovation, regulatory mandates, and the sheer volume of urban vehicles. Countries like India, China, Japan, and South Korea are adopting ETC at scale.

Recent Developments and M&A Highlights:

In India, the government-mandated FASTag system has seen widespread implementation on national highways, with a transition toward state and city-level tolling.
China eliminated manual toll booths across major highways and integrated ETC with mobile wallets like WeChat Pay and Alipay.
Teras Teknologi in Malaysia expanded its ETC solution portfolio through strategic collaborations with banks and e-wallet operators.

Regional players are engaging in joint ventures to scale up contactless tolling across Southeast Asia.

ETC Trends in Europe: Cross-Border Integration and Sustainability Goals

Europe is focusing on interconnectivity and environmental sustainability. The rise of the European Electronic Toll Service (EETS) framework is helping drive interoperability across countries.

Recent Developments and Regional Consolidation:

Germany advanced its GNSS-based tolling infrastructure to support dynamic pricing and freight management.
Kapsch TrafficCom and Siemens secured multi-country ETC contracts aligned with EETS standards.
Market consolidation continues as ETC providers seek to unify fragmented systems across France, Italy, and Eastern Europe.
ETC Consolidation in the Middle East & Africa: Infrastructure Modernization Underway

The Middle East and Africa are embracing ETC as part of broader smart city initiatives. Urban population growth and government-led road infrastructure programs are pushing adoption.

Recent Developments and Strategic Moves:

Salik in Dubai has expanded its ETC network along key routes, reducing congestion at critical entry points.
Governments in Saudi Arabia and Egypt have launched pilot programs to assess the viability of wide-scale ETC deployment.
TransCore and Kapsch have partnered with regional EPC firms to deploy end-to-end tolling solutions across new highway corridors.

For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/23914/

Breaking Down the Electronic Toll Collection Market: Key Segments Shaping the Industry

by Type

Transponder
Other

by Technology

Radio-frequency Identification (RFID)
Dedicated Short-range Communication (DSRC)
Other

According to technology, throughout the projected period, the RFID segment is anticipated to expand at a CAGR of 9.7%. Time and performance are crucial, hence the traditional approach needs to be changed. Time waste and traffic congestion are two major issues that RFID technology is being used to address. The label attached to the car's windscreen is scanned by the RFID reader mounted on the tollgate frame. A prepaid card linked to the appropriate RFID tag and kept in the user's wallet is used to withdraw the toll when the reader's object recognition sensor detects the proximity of the incoming vehicle's tag.

by Application

Bridges
Roads
Tunnels

Meet the Industry Leaders Revolutionizing the Electronic Toll Collection Market

1.Kapsch TrafficCom
2. Conduent Business Services
3. EFKON GmbH
4. TransCore
5. Thales Group
6. Raytheon Technologies Corporation
7. Cubic Corporation
8. Siemens
9. Neology, Inc.
10. VINCI
11. Feig Electronic GmbH
12. Toshiba Corporation
13. TRMI Systems Integration
14. Magnetic AutoControl
15. International Road Dynamics Inc.

Uncover Key Insights Answering the Biggest Questions in the Electronic Toll Collection Market

What is Electronic Toll Collection ?
What is the growth rate of the Electronic Toll Collection Market?
Which are the factors expected to drive the Electronic Toll Collection market growth?
What is the CAGR at which the Electronic Toll Collection market will grow during the forecast period?
What are the different segments of the Electronic Toll Collection Market?
Which is the fastest growing region in the Electronic Toll Collection market?
What growth strategies are the players considering to increase their presence in Electronic Toll Collection ?
What are the upcoming opportunities and trends for the Electronic Toll Collection Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Electronic Toll Collection Market?
Who are the leading companies and what are their portfolios in Electronic Toll Collection Market?
What segments are covered in the Electronic Toll Collection Market?
Who are the key players in the Electronic Toll Collection market?

Gain a Competitive Edge - Access Market Insights Through the Sample Link @https://www.maximizemarketresearch.com/market-report/global-electronic-toll-collection-market/23914/

Explore the Revolutionary Products Powering Market Success

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

Explore Our Trending Reports to Stay Ahead of Industry Shifts :

Global Pumpkin Seed Market https://www.maximizemarketresearch.com/market-report/global-pumpkin-seed-market/81364/

Carob Market https://www.maximizemarketresearch.com/market-report/carob-market/221524/

Fish processing market https://www.maximizemarketresearch.com/market-report/fish-processing-market/147841/

Jerky Market https://www.maximizemarketresearch.com/market-report/jerky-market/221260/

Global Edible Cutlery Market https://www.maximizemarketresearch.com/market-report/global-edible-cutlery-market/111062/

About Us

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

Contact Us:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Middle East Embraces ETC with Major Deployments in Dubai and Saudi Arabia here

News-ID: 4109430 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Eye Tracking System Market Poised to Soar With 29.79% CAGR by 2030
Eye Tracking System Market Poised to Soar With 29.79% CAGR by 2030
The Eye Tracking System Market is experiencing unprecedented growth due to surging demand from healthcare, consumer electronics, automotive, VR/AR, and market research sectors. Valued at USD 880.7 million in 2023, the market is expected to reach USD 5464.07 million by 2030, expanding at a robust CAGR of 29.79% between 2024 and 2030. Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/23340/ Region-Specific Insights United States - Growth & Trends The U.S. market continues to lead due to strong
Bio-Decontamination Market Set for Robust Expansion With 7.4% CAGR by 2030
Bio-Decontamination Market Set for Robust Expansion With 7.4% CAGR by 2030
The global Bio‐Decontamination Market is poised for strong growth, driven by rising healthcare safety concerns and extensive facility decontamination needs. Valued at approximately USD 242 million in 2023, the market is projected to reach USD 341 million by 2030, expanding at a compound annual growth rate (CAGR) of about 7.4% between 2024 and 2030. Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/31536/ Higher demand is emerging in Asia‐Pacific, fueled by expanding healthcare infrastructure, surge
Barefoot Shoes Market to Reach USD 815.75 Million by 2032, Growing at a CAGR of 5.1 Percentage
Barefoot Shoes Market to Reach USD 815.75 Million by 2032, Growing at a CAGR of …
Barefoot Shoes Market size was valued at USD 547.94 Million in 2024 and the total Barefoot Shoes revenue is expected to grow at a CAGR of 5.1% from 2025 to 2032, reaching nearly USD 815.75 Million. Barefoot Shoes Market Overview: The barefoot shoes market is gaining momentum as more consumers prioritize foot health, natural movement, and minimalist footwear design. Barefoot shoes are designed to mimic the natural shape and biomechanics of the
Spas and Beauty Salons Market to Reach USD 276.38 Billion by 2032, Growing at a CAGR of 4.1%
Spas and Beauty Salons Market to Reach USD 276.38 Billion by 2032, Growing at a …
Spas and Beauty Salons Market size was valued at USD 200.40 Billion in 2024 and the total Spas and Beauty Salons revenue is expected to grow at a CAGR of 4.1% from 2025 to 2032, reaching nearly USD 276.38 Billion. Spas and Beauty Salons Market Overview: The spas and beauty salons market is a dynamic segment of the personal care and wellness industry, offering a wide range of services focused on aesthetics,

All 5 Releases


More Releases for Electronic

Key Influencer in the Photoresist Electronic Chemical Market 2025: The Role Of P …
What combination of drivers is leading to accelerated growth in the photoresist electronic chemical market? The photoresist electronic chemicals market is anticipated to see significant growth due to the expanding electronic sector. The electronic sector includes activities such as design, development, production, and distribution of electronic components, gadgets, and systems. Photoresist electronic chemicals have a pivotal role in this sector, particularly in the production of semiconductors and microelectronics. They are used
Major Force in the Photoresist Electronic Chemical Market 2025: The Role Of Phot …
How Will the Photoresist Electronic Chemical Market Grow, and What Is the Projected Market Size? The photoresist electronic chemical market has seen substantial growth in recent years. It will grow from $11.14 billion in 2024 to $12.17 billion in 2025, at a CAGR of 9.3%. The growth is attributed to the semiconductor industry's expansion, advancements in microelectronics, rising demand for consumer electronics, the globalization of electronics manufacturing, and the integration of
Electronic Precision: Exploring Electronic Grade Diiodomethane | Godo Shigen, Ma …
Electronic Grade Diiodomethane Market 2023 Forecast: Unveiling Opportunities and Growth Electronic Grade Diiodomethane market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Electronic Grade Diiodomethane market is anticipated to grow at large scale over the forecast period (2023-2029). The main purpose of the study report is to give users an extensive
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being
Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes
Electronic Skin Patches segment to dominate the United States Electronic Skin Ma …
Increasing geriatric population and surge in demand for minimally invasive treatment is expected to drive the United States electronic skin market for the forecast period. According to TechSci Research report, “United States Electronic Skin Market By Product (Electronic Skin Patches v/s Electronic Skin Suit) By Component (Stretchable Circuits, Photovoltaics System, Stretchable Conductors, Electro-Active Polymers) By Sensor Type (Tactile Sensors, Chemical Sensors, Electrophysiological Sensors) By Application (Health Monitoring Systems, Drug Delivery Systems,