The report covers a forecast and an analysis of the Automatic Fare Collection System Market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion) and volume (K Units). The study includes drivers and restraints for the automatic fare collection system market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the automatic fare collection system market on a global level.
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In order to give the users of this report a comprehensive view of the automatic fare collection system market, we have included a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the automatic fare collection system market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
On the basis of component, automatic fare collection system market is segmented into hardware and software. The application segment includes bus, toll, train, and car rental. In terms of technology, the market is divided into smart card, NFC, optical character recognition, magnetic strips, and barcodes. The regional segment includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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Some major players operating in the automatic fare collection system market are:
- Thales Group
- Nippon Signal
- Advanced Card Systems
- Siemens
- Atos
- GMV
- Indra Sistemas
- Scheidt Bachmann
- Vix Technology
- Omron Corporation
- NXP Semiconductors
- Samsung SDS
- Telexis
- LG CNS
- Masabi
- LECIP Holdings
- Singapore Technologies Engineering
- Cubic Corporation
- Trapeze
- UL Identity Management Security.
This report segments the global automatic fare collection system market into:
Automatic Fare Collection System Market: By Component
- Hardware
- Software
Automatic Fare Collection System Market: By Application
- Bus
- Toll
- Train
- Car Rental
Automatic Fare Collection System Market: By Technology Platform
- Smart Card
- NFC
- Optical Character Recognition
- Magnetic Strips
- Barcodes
Automatic Fare Collection System Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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