ETC is electronic no parking charges, known as the most advanced way of road and bridge charges. When the vehicle approaches the toll station, the OBU communicates with the RSU through DSRC, and the computer network is used to conduct background processing with the bank, so that the vehicle can pay the fee without stopping.
This report contains market size and forecasts of ETC Equipment in global, including the following market information:
Global ETC Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global ETC Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five ETC Equipment companies in 2021 (%)
The global ETC Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
RSU Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of ETC Equipment include Vison-zenith, Wanji Technology, Genvict, Juli, Huaxin, Longzhou Group Co., Ltd, Beken and Haoyun Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the ETC Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global ETC Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global ETC Equipment Market Segment Percentages, by Type, 2021 (%)
RSU
OBU
Global ETC Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global ETC Equipment Market Segment Percentages, by Application, 2021 (%)
Highway
Parking Lot
Other
Global ETC Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global ETC Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies ETC Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies ETC Equipment revenues share in global market, 2021 (%)
Key companies ETC Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies ETC Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Vison-zenith
Wanji Technology
Genvict
Juli
Huaxin
Longzhou Group Co., Ltd
Beken
Haoyun Technologies