Middle East & Africa Electronic Toll Collection System Market Forecast to 2030

At 11.4% CAGR, Middle East & Africa Electronic Toll Collection System Market is Speculated to be Worth US$ 1,398.16 Million by 2030, says the Research Team

According to the Research Team research, the Middle East & Africa electronic toll collection system market was valued at US$ 589.11 million in 2022 and is expected to reach US$ 1,398.16 million by 2030, registering a CAGR of 11.4% from 2022 to 2030. Long-Term economic and safety benefits and increasing demand for interoperable electronic tolling systems are among the critical factors attributed to the Middle East & Africa electronic toll collection system market expansion.

The toll collection centers are strategically placed toll plazas or collection units levied for tax collection, congestion management, maintenance fees for public infrastructure, and other revenue collection techniques. The volume of traffic flow plays a crucial role in determining the location of toll plazas and subsequently requires a robust and efficient toll collection solution. In the past few years, there has been a surge in congestion at toll plazas due to the increase in the number of vehicles passing through the tolls. Hence, the toll plazas lead to more fuel consumption for cars as well as increased vehicular pollution due to the congestion. Also, the delays generally caused at the toll gateways elevate the risk of vehicle accidents as well as safety, as many people try to compensate for the loss of time incurred by the congestion with fast driving. Due to such factors, an electronic toll collection is considered a competent alternate solution to the current manual toll for reducing the congestion at toll gateways and providing seamless transit transactions without the need for supervision.

The electronic toll collection system operates as an account-based system that automatically classifies, identifies, and subsequently charges the automobile owner per agency regulations, eliminating the need to stop at the toll plazas. The efficient deployment of electronic toll collection (ETC) systems has several benefits, such as reduced congestion, congestion management, seamless transit transactions, vehicular pollution management, and intelligent transportation services at expressways. Thus, the long-term economic and safety benefits associated with electronic toll collection (ETC) systems are driving the market.

On the contrary, leakage and high CapEx and OpEx costs hamper the growth of Middle East & Africa electronic toll collection system market.

Based on offering, the Middle East & Africa electronic toll collection system market is bifurcated into systems and services. The systems segment held 74.5% market share in 2022, amassing US$ 439.01 million. It is projected to garner US$ 1,074.32 million by 2030 to expand at 11.8% CAGR during 2022-2030.

In terms of technology, the Middle East & Africa electronic toll collection system market is categorized into RFID, DSRC, ANPR, GNSS, and others. The RFID segment held 84.6% market share in 2022, amassing US$ 498.26 million. It is projected to garner US$ 1,190.00 million by 2030 to expand at 11.5% CAGR during 2022-2030.

By application, the Middle East & Africa electronic toll collection system market is bifurcated into highways and urban zones. The highways segment held 82.2% market share in 2022, amassing US$ 484.26 million. It is projected to garner US$ 1,163.04 million by 2030 to expand at 11.6% CAGR during 2022-2030.

Based on country, the Middle East & Africa electronic toll collection system market has been categorized into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 41.0% share of Middle East & Africa electronic toll collection system market in 2022. It was assessed at US$ 241.36 million in 2022 and is likely to hit US$ 625.44 million by 2030, exhibiting a CAGR of 12.6% during 2022-2030.

Key players operating in the Middle East & Africa electronic toll collection system market are Conduent Inc, Kapsch TrafficCom AG, Thales SA, TransCore LP, Magnetic Autocontrol GmbH, Sociedad Iberica de Construcciones Electricas SA, Mitsubishi Heavy Industries Ltd., and Cubic Transportation Systems Inc, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa electronic toll collection system market
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa electronic toll collection system market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa electronic toll collection system market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Electronic Toll Collection System Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Middle East & Africa Electronic Toll Collection System Market – Key Industry Dynamics
5.1 Electronic Toll Collection System Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Long-Term Economic and Safety Benefits
5.2.2 Increasing Demand for Interoperable Electronic Tolling Systems
5.2.3 Government Focus on Transportation Infrastructure
5.3 Market Restraints
5.3.1 Leakage and High CapEx and OpEx Costs
5.3.2 Lack of Standardization and Evaluation Metrics for ETC Systems
5.4 Market Opportunities
5.4.1 Surging Demand for Effective Traffic Management at Toll Plaza
5.4.2 Deployment of Blockchain Technology
5.5 Future Trends
5.5.1 Satellite-Based GPS/GNSS Systems
5.6 Impact of Drivers and Restraints:
6. Electronic Toll Collection System Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Electronic Toll Collection System Market Revenue (US$ Million), 2022 – 2030
6.2 Electronic Toll Collection System Market Forecast and Analysis
7. Middle East & Africa Electronic Toll Collection System Market Analysis – Offering
7.1 Systems
7.1.1 Overview
7.1.2 Systems Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Electronic Toll Collection System Market Analysis – Technology
8.1 RFID
8.1.1 Overview
8.1.2 RFID Market, Revenue and Forecast to 2030 (US$ Million)
8.2 DSRC
8.2.1 Overview
8.2.2 DSRC Market, Revenue and Forecast to 2030 (US$ Million)
8.3 ANPR
8.3.1 Overview
8.3.2 ANPR Market, Revenue and Forecast to 2030 (US$ Million)
8.4 GNSS
8.4.1 Overview
8.4.2 GNSS Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Electronic Toll Collection System Market Analysis – Application
9.1 Highways
9.1.1 Overview
9.1.2 Highways Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Urban Zones
9.2.1 Overview
9.2.2 Urban Zones Market, Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Electronic Toll Collection System Market – Country Analysis
10.1 Middle East & Africa
10.1.1 Middle East & Africa Electronic Toll Collection System Market Overview
10.1.2 Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 Saudi Arabia Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Saudi Arabia Electronic Toll Collection System Market Breakdown by Offering
10.1.2.2.2 Saudi Arabia Electronic Toll Collection System Market Breakdown by Technology
10.1.2.2.3 Saudi Arabia Electronic Toll Collection System Market Breakdown by Application
10.1.2.3 UAE Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 UAE Electronic Toll Collection System Market Breakdown by Offering
10.1.2.3.2 UAE Electronic Toll Collection System Market Breakdown by Technology
10.1.2.3.3 UAE Electronic Toll Collection System Market Breakdown by Application
10.1.2.4 South Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 South Africa Electronic Toll Collection System Market Breakdown by Offering
10.1.2.4.2 South Africa Electronic Toll Collection System Market Breakdown by Technology
10.1.2.4.3 South Africa Electronic Toll Collection System Market Breakdown by Application
10.1.2.5 Rest of MEA Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Rest of MEA Electronic Toll Collection System Market Breakdown by Offering
10.1.2.5.2 Rest of MEA Electronic Toll Collection System Market Breakdown by Technology
10.1.2.5.3 Rest of MEA Electronic Toll Collection System Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Conduent Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Kapsch TrafficCom AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Thales SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 TransCore LP
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Magnetic Autocontrol GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sociedad Iberica de Construcciones Electricas SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Mitsubishi Heavy Industries Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Cubic Transportation Systems, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Research Team
13.2 Word Index

Table 1. Electronic Toll Collection System Market Segmentation
Table 2. Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 4. Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Million) – Technology
Table 5. Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. Middle East & Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. Saudi Arabia Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Offering
Table 8. Saudi Arabia Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Technology
Table 9. Saudi Arabia Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. UAE Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Offering
Table 11. UAE Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Technology
Table 12. UAE Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. South Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Offering
Table 14. South Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Technology
Table 15. South Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Rest of MEA Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Offering
Table 17. Rest of MEA Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Technology
Table 18. Rest of MEA Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 19. List of Abbreviation
 

Figure 1. Electronic Toll Collection System Market Segmentation, By Country
Figure 2. Ecosystem: Electronic Toll Collection System Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Electronic Toll Collection System Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa Electronic Toll Collection System Market Share (%) – Offering, 2022 and 2030
Figure 6. Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Middle East & Africa Electronic Toll Collection System Market Share (%) Technology, 2022 and 2030
Figure 9. RFID Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. DSRC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. ANPR Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. GNSS Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Middle East & Africa Electronic Toll Collection System Market Share (%) Application, 2022 and 2030
Figure 15. Highways Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Urban Zones Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Middle East & Africa Electronic Toll Collection System Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 18. Electronic Toll Collection System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Saudi Arabia Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. UAE Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. South Africa Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. Rest of MEA Electronic Toll Collection System Market Revenue and Forecasts to 2030 (US$ Mn)