Global Automated Fare Collection System Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025

  • ID:PD000964
  • May 2019
  • Value Market Research
                          

Automated fare collection (AFC) system is an automated technique used to facilitate ticketing services. This system is an efficient technique which provides comfortable and easy to use technology to the travelers. It is a method which employs e-ticketing technology, smart cards, debit and credit card technology and magnetic strip detector technology to make ticket vending efficient fast and queue free.
 
Major reason behind adoption of AFC technology by government organizations is to encourage travelers to use public transport like trains, buses, trams and metros. It is a merged ticketing system which helps customers to use multiple travelling mediums on a single ticket. Based on component global automated fare collection system market is segmented into software and hardware. Technology segments global automated fare collection system market into OCR, magnetic strip, NFC and smart cards. Hardware and software are basic components in which data and operational technology is mounted to work according to user expectations.
 
Increased use of smart card technology and online payment methods prominently drives the global automated fare collection system market. High demand for queue free and automated ticketing system by the huge population using rail transport in the developing regions like India is a major factor to escalate rapid growth for this market. Efforts made by government and integrated institutions to provide better services to its people to encourage use of public travel means is expected to be leverage for the growth of this market. High installation cost of automated system is a major restraint of the global automated fare collection system market.
 
This report is segmented on the basis of geography as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America and Europe are the leading regions of this market owing to the high infrastructural development by government organizations. Asia Pacific is expected to show rapid market growth. High dependency of people in region like India and on railway travel significantly supports market growth. China and Japan also help in the growth of Asia Pacific. Latin America and MEA are emerging regions for this market.
 
Key players in the global automated fare collection system market are Scheidt & Bachmann GmbH, NXP Semiconductors, Omron Corporation, ST Electronics, Thales Group, Trapeze Group, Atos SE, Cubic Transportation Systems, Vix Technology and Advanced Card Systems Ltd.
 
Decision Databases is involved in providing research reports and company profiles in the global automated fare collection system market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The automated fare collection system market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our automated fare collection system profiles.
 
SEGMENTATIONS IN REPORT:
Automated Fare Collection System By Technology

  • Smart Cards
  • Magnetic Strip
  • NFC
  • OCR
 
Automated Fare Collection System By Component
  • Hardware
  • Software
 
Automated Fare Collection System By Geography
  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East And Africa
 
GLOSSARY:
Automated Fare Collection System: This system refers to an automated technology which provides easy and efficient ticketing services.
 

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  • Company Profiles

 

1. INTRODUCTION TO THE AUTOMATED FARE COLLECTION SYSTEM MARKET
       
2. EXECUTIVE SUMMARY
 
3. MARKET ANALYSIS OF AUTOMATED FARE COLLECTION SYSTEM
 
4. AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY TECHNOLOGY

  • Smart Cards
  • Magnetic Strip
  • NFC
  • OCR
 
5. AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY COMPONENT
  • Hardware
  • Software
       
6. AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY REGION
  • North America   
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
 
7. COMPETITIVE LANDSCAPE OF AUTOMATED FARE COLLECTION SYSTEM COMPANIES
       
8. COMPANY PROFILES OF AUTOMATED FARE COLLECTION SYSTEM INUDTRY
  • Scheidt & Bachmann GmbH
  • NXP Semiconductors
  • Omron Corporation
  • ST Electronics
  • Thales Group
  • Trapeze Group
  • Atos SE
  • Cubic Transportation Systems
  • Vix Technology
  • Advanced Card Systems Ltd.
 

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Semiconductors And IT
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