Automated Fare Collection System Market Size

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

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Description
Table Of Content

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

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

*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

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.

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Data Pack: $ 2100.00

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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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