Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.
The European market segment leads the overall AFC industry in the world segmented by regional areas and is closely followed by the North American market owing to a developed transportation infrastructure. In coming years, the Asia-Pacific market is expected to grow the fastest with the increasing demand from developing countries like China and India.
Global Automated Fare Collection (AFC) market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automated Fare Collection (AFC).
This industry study presents the global Automated Fare Collection (AFC) market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automated Fare Collection (AFC) production, revenue and market share by manufacturers, key regions and type;
The consumption of Automated Fare Collection (AFC) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Cubic Systems, Omron Corporation, etc.
The following manufacturers are covered in this report:
Cubic Systems
Omron Corporation
Thales Group
Advance Cards Systems
Atos SE
Fare Logistics
LG Corporation
NXP Semiconductor
Samsung SDS
Automated Fare Collection (AFC) Breakdown Data by Type
Farebox
Ticket Vending Machines (TVM)
Validator
Automated Fare Collection (AFC) Breakdown Data by Application
Off-Board
On-Board
Automated Fare Collection (AFC) Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automated Fare Collection (AFC) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automated Fare Collection (AFC) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automated Fare Collection (AFC) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automated Fare Collection (AFC) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automated Fare Collection (AFC) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automated Fare Collection (AFC) . Industry analysis & Market Report on Automated Fare Collection (AFC) is a syndicated market report, published as Global Automated Fare Collection (AFC) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automated Fare Collection (AFC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.