Global Automated Fare Collection System Market Report By Technology (Smart Card, Magnetic Strip, NFC And OCR), By Component (Hardware And Software) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026
ID:VMR11210125
January 2020
Report Formats:

As per this study the Global Automated Fare Collection System Market was valued at USD X.X BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2026 with a CAGR of XX%.
 
The automated fare collection system is an advanced technology that integrates various functionalities of process control, control to stations, monitors passenger flow as well as manage tariff policies of transport tickets. The main purpose of this system is to implement “Automatic Fare Collection” based on smart card technology. Technically, it replaces public transportation tickets printed on paper with electronic tickets, it calculates the fare that the customer must pay based on the time of service (time-based) or the points of entrance and exit of the system (distance-based).
 
Market Dynamics
 
The automated fare collection (AFC) system market is estimated to grow mainly due to the rise in the adoption of cashless fare collection system for transportation modes across all the developed and developing regions. Further, growing intelligence in the transportation sector along with rising investment by government in order to improve the infrastructure of the transport system is again propelling the market growth. Whereas, high installation cost and slow growth in the developing and underdeveloped region is the only major factor that can limit the market growth in the next six years.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of automated fare collection system.
 
Market Segmentation
 
The broad automated fare collection system market has been sub-grouped into technology and component. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Technology Market Share 2019
 
Automated Fare Collection System Market By Technology
 
By Technology

  • Smart Card
  • Magnetic Strip
  • Optical Character Recognition (OCR)
  • Near Field Communication (NFC)
 
By Component
  • Hardware
  • Software
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for automated fare collection system in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
North America Automated Fare Collection System Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the automated fare collection system market include Advanced Card Systems Ltd., Atos SE, Cubic Transportation Systems, NXP Semiconductors, Omron Corporation, Scheidt & Bachmann GmbH, ST Electronics, Thales Group, Trapeze Group and Vix Technology. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Automated Fare Collection System Market
       2.2. Global Automated Fare Collection System Market Snapshot
 
3 . AUTOMATED FARE COLLECTION SYSTEM – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Automated Fare Collection System Market
       3.3. Market Restraints of Automated Fare Collection System Market
       3.4. Opportunities of Automated Fare Collection System Market
       3.5. Trends of Automated Fare Collection System Market
       3.6. Porter’s Five Force Analysis of Automated Fare Collection System Market
       3.7. Automated Fare Collection System Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Technology
           3.7.2 Market Attractive Analysis by Component
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Automated Fare Collection System Value Chain Analysis
       4.2. Automated Fare Collection System Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Automated Fare Collection System Raw Material Manufactures List
           4.2.3. Price Trend of Automated Fare Collection System Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY TECHNOLOGY
       5.1 Overview by Technology
       5.2 Global Automated Fare Collection System Market Analysis by Technology
       5.3 Market Analysis of Smart Card by Regions
       5.4 Market Analysis of Magnetic Strip by Regions
       5.5 Market Analysis of Optical Character Recognition (OCR) by Regions
       5.6 Market Analysis of Near Field Communication (NFC) by Regions
 
6 . GLOBAL AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY COMPONENT
       6.1 Overview by Component
       6.2 Global Automated Fare Collection System Market Analysis by Component
       6.3 Market Analysis of Hardware by Regions
       6.4 Market Analysis of Software by Regions
 
7 . GLOBAL AUTOMATED FARE COLLECTION SYSTEM MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Automated Fare Collection System Market Estimate by Market Segment
           7.3.3. North America Automated Fare Collection System Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Automated Fare Collection System Market Estimate by Market Segment
           7.4.3. Europe Automated Fare Collection System Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Automated Fare Collection System Market Estimate by Market Segment
           7.5.3. Asia Pacific Automated Fare Collection System Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Automated Fare Collection System Market Estimate by Market Segment
           7.6.3. Latin America Automated Fare Collection System Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Automated Fare Collection System Market Estimate by Market Segment
           7.7.3. Middle East & Africa Automated Fare Collection System Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE AUTOMATED FARE COLLECTION SYSTEM COMPANIES
       8.1. Automated Fare Collection System Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF AUTOMATED FARE COLLECTION SYSTEM INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Advanced Card Systems Ltd.
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Atos SE
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Cubic Transportation Systems
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. NXP Semiconductors
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Omron Corporation
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Scheidt & Bachmann GmbH
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. ST Electronics
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Thales Group
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Trapeze Group
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Vix Technology
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
 
10.  IMPACT ANALYSIS OF COVID-19 OUTBREAK
       10.1. Impact Analysis of Covid-19 Outbreak on the Market
           10.1.1. Direct Impact on Production
           10.1.2. Supply Chain and Market Disruption
           10.1.3. Financial Impact on Firms and Financial Markets
       10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       10.3. Pre V/S Post COVID-19 Market
       10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
       10.5. COVID-19: Micro and Macro Factor Analysis on the Market
    
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  •  Global Market Snapshot
  •  Drivers of the Global Market Impact Analysis
  •  Restraints of the Global Market Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers 
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19 Market
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
  •  COVID-19: Micro and Macro Factor Analysis on the Market
  •  Global Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Smart Card by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Magnetic Strip by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Optical Character Recognition (OCR) by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Near Field Communication (NFC) by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis by Component (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Hardware by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Software by Geography (USD MN)
  •  Global Automated Fare Collection System Market by Geography (USD MN)
  •  North America Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  North America Automated Fare Collection System Market Estimate by Component (USD MN)
  •  North America Automated Fare Collection System Market Estimate by Country (USD MN)
  •  United State Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  United State Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Rest of North America Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Rest of North America Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Europe Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Europe Automated Fare Collection System Market Estimate by Component (USD MN)
  •  United Kingdom Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  United Kingdom Automated Fare Collection System Market Estimate by Component (USD MN)
  •  France Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  France Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Germany Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Germany Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Rest of Europe Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Rest of Europe Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Asia Pacific Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Asia Pacific Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Asia Pacific Automated Fare Collection System Market Estimate by Country (USD MN)
  •  China Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  China Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Japan Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Japan Automated Fare Collection System Market Estimate by Component (USD MN)
  •  India Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  India Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Rest of Asia Pacific Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Rest of Asia Pacific Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Latin America Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Latin America Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Latin America Automated Fare Collection System Market Estimate by Country (USD MN)
  •  Brazil Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Brazil Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Rest of Latin America Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Rest of Latin America Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Middle East & Africa Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Middle East & Africa Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Middle East & Africa Automated Fare Collection System Market Estimate by Country (USD MN)
  •  Middle East Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Middle East Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Africa Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Africa Automated Fare Collection System Market Estimate by Component (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
  •  New Product Launch
  •  Other Developments
  •  Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  •  Research Scope of Automated Fare Collection System Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Automated Fare Collection System Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Technology
  •  Market Attractiveness Analysis by Component
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Automated Fare Collection System Market Analysis by Technology (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Smart Card by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Magnetic Strip by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Optical Character Recognition (OCR) by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Near Field Communication (NFC) by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis by Component (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Hardware by Geography (USD MN)
  •  Global Automated Fare Collection System Market Analysis in Software by Geography (USD MN)
  •  Latin America Automated Fare Collection System Market by Revenue
  •  Middle East & Africa Automated Fare Collection System Market by Revenue
  •  Recent Development in Automated Fare Collection System Industry
  •  Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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Important: Covid19 pandemic market impact

The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.