If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Electronic Toll Collection System Revenues ‘Will Reach $8.5bn by 2018’

Electronic toll revenuesElectronic toll collection (ETC) system revenues will nearly double, from $4.48 billion this year to $8.5 billion by 2018, with a compounded annual growth rate of 14 percent, says a report from ABI Research. But being a fragmented industry blocks ETC technology from being widely adopted, it concludes.

Electronic Toll Collection: A Key Business Driver for ITS and V2I says ETC is finding new momentum as a way to manage traffic and address urban congestion issues. The report covers the types of ETC (highway, urban and area tolling), the ETC technologies — radio frequency identification (RFID), dedicated short-range communications (DRSC), video, global navigation satellite system (GNSS) and cellular, case studies and benefits — as well as the ETC ecosystem. The report also examines the ETC revenue forecast per region (pictured), types of toll collection and technology.

The toll revenues will help governments and road operators invest in building out an intelligent transportation network through the deployment of vehicle-to-vehicle technology. However, ABI says that the ETC industry remains characterized by a large degree of fragmentation and closed approaches that block it from being widely adopted and having interoperability.

Within the ETC technology industry, it says two main battles are taking place —  the first being DRSC versus RFID. At toll gates in North America, RFID is well established while in Europe DRSC is the standard technology. Asia is deploying a mix of both.

The second battle is between short-range (RFID/DSRC) technology versus wide area (GNSS + cellular). However, it predicts that future growth of area and city tolling will favor wide-area technologies.

The primary tool used to enforce toll collection is video analytics, in the form of camera-based automatic license plate recognition.

Earlier this week, a report from the International Energy Agency highlighted how policies that improve the energy efficiency of urban transportation systems could help save as much as $70 trillion in spending on vehicles, fuel and transportation infrastructure between now and 2050. The report draws on examples from more than 30 cities across the globe to show how to improve transportation efficiency through better urban planning and travel demand management. Extra benefits include lower greenhouse-gas emissions and higher quality of life.

OSHA ITA Cheat Sheet
Sponsored By: VelocityEHS

Stormwater Management Programs: How to Integrate New Technologies to Improve Processes and Operations
Sponsored By: VelocityEHS

Top 10 Steps for a Successful EMIS Project
Sponsored By: Sphera Solutions

Powerful Byte - Strategies to Ingest, Digest High-Frequency Data
Sponsored By: Sphera Solutions


One thought on “Electronic Toll Collection System Revenues ‘Will Reach $8.5bn by 2018’

  1. Having difficulty understanding the data here. If I read this right, the report estimates that global ETC revenue will hit $8.5 billion five years from now, and that in the last year 2012, global revenue was about $4 billion. The 25 member agencies of the E-ZPass Group alone far exceeded that number, with ETC revenues in 2012 of close to $7 billion

Leave a Comment

Translate »