Report Detail
Automated Fare Collection System Market By Application (Bus, Toll, Train and Car rental), By Component (Software & Services, hardware) By Technology Platform (Smart card, NFC, OCR, and Others), By Geography (North America, Europe, Asia Pacific and Rest of World), Global Opportunity Analysis and Industry Forecast, 2016 - 2024
- RnM3856891 |
- 23 December, 2019 |
- Global |
- 168 Pages |
- Esticast Research & Consulting |
- Automotive
“Automated Fare Collection System Market” 2018-2026 report is a professional study on the current state of the market that focuses on the major drivers, challenges, opportunities for the leading players. The research report also offers a granular analysis of various definitions, and classification of the industry, applications of the industry, regional breakdown, opportunities, challenges, and chain structure.
About Automated Fare Collection System Market
Automated Fare Collection System Market was valued at $4.81 billion in 2016 and is projected to reach $12.81 billion by 2024, growing at a CAGR of 13.3% from 2017 to 2024.By application type, Bus segment, generated the highest revenue share of $1.28 billion in 2016, growing at a CAGR of 13.6% in the global AFC market. Among major regions, North America AFC market was the highest revenue generating market valued at $1.6 billion in 2016. An automated fare collection system, or AFC system, is a set of components that helps in the automation of ticketing systems of a public transportation network. The AFC system is usually the basis for integrated ticketing. Various technologies such as contactless smart cards and tokens have been seen more frequently in AFC. AFC enhances the efficiency in fare collection, improves the overall transaction rate, and saves an extensive amount of time, thereby minimizing waiting time in queues and searching for cash to buy tickets. Factors that are driving the growth of the AFC market are the enhanced benefits of AFC. Inclination of the people towards adopting new technologies, and the development of new technologies for AFC such as advanced traffic management system, commercial vehicle operation, AFC enabled retail system, automated transportation pricing system, and advanced public transportation system are driving the AFC market growth.
Market Summary:
The Automated Fare Collection System market is a comprehensive report which offers a meticulous overview of the market share, size, trends, demand, product analysis, application analysis, regional outlook, competitive strategies, forecasts, and strategies impacting the Automated Fare Collection System Industry. The report includes a detailed analysis of the market competitive landscape, with the help of detailed business profiles, SWOT analysis, project feasibility analysis, and several other details about the key companies operating in the market.
The study on the worldwide Automated Fare Collection System market strives to offer substantial and profound insights into the current market scenario and the developing growth dynamics. Moreover, the report also provides the market players along with the new contenders a complete view of the market landscape. The inclusive research will enable the well-established as well as the entry-level players to establish their business strategies and accomplish their short-term and long-term goals.
Scope and Segmentation of the Report
The segment analysis is one of the significant sections of this report. Our expert analyst has categorized the market into product type, application/end-user, and geography. All the segments are analyzed based on their market share, growth rate, and growth potential. In the geographical classification, the report highlights the regional markets having high growth potential. This thorough evaluation of the segments would help the players to focus on revenue-generating areas of the Automated Fare Collection System market.
Based on Type
On the Basis of Component
Hardware
Software
Based on Application
Bus
Toll
Train
Car Rental
Regional Analysis
Our analysts are experts in covering all types of geographical markets from developing to mature ones. You can expect a comprehensive research analysis of key regional and country-level markets such as Europe, North America, South America, Asia-Pacific, and the Middle East & Africa. With accurate statistical patterns and regional classification, our domain experts provide you one of the most detailed and easily understandable regional analyses of the Automated Fare Collection System market.
Competitive Landscape:
The research report also studied the key players operating in the Automated Fare Collection System market. It has evaluated and explained the research & development stages of these companies, their financial performances, and their expansion plans for the coming years. Moreover, the research report also includes the list of planned initiatives that clearly explain the accomplishments of the companies in the recent past.
Company Coverage (Sales Revenue, Price, Gross Margin, Main Products, etc.):
Advanced Card Systems Ltd.
Atos SE
Cubic Transportation Systems
LG CNS
NXP Semiconductors
Omron Corp.
Samsung SDS
Scheidt & Bachmann
Thales Group
LECIP Group
Research Methodology
The research methodology of the market is based on both primary as well as secondary research data sources. It compels different factors affecting the Automated Fare Collection System industry such as historical data and market trends, different policies of the government, market environment, market risk factors, market restraints, technological advancements, forthcoming innovations, and obstacles in the industry.
The content of the study subjects includes a total of 8 chapters:
Chapter 1, describe the Automated Fare Collection System market report’s – executive summary, market definition, and market scope. Moreover, the report helps in picking up the crucial information about the said market.
Chapter 2, defines the Research Methodology including primary research, assumptions & exclusions, and secondary data sources. The report follows the simultaneous top-down and bottom approach to provide you the accurate market sizing.
Chapter 3, explains the report segmentation & scope, key market trends (drivers, restraints, and opportunities), along with Porter’s five forces analysis and market share analysis
Chapter 4: It helps in understanding the key product segments and their future of the Automated Fare Collection System Market. It provides strategic recommendations in key business segments based on the market estimations.
Chapters 5, and 6 to segment the sales by type and application/end-user, with sales market share and growth rate by type, application/end-user, from 2018 to 2016. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate segmentation data and analysis.
Chapter 7, describes the regional segmentation based on the country level for the forecast period 2018 – 2026. The research report not only provide the market data of the five geographies but also provide the qualitative as well we qualitative information on country level bifurcation.
Chapter 8, to profile the top manufacturers of Automated Fare Collection System, with price, sales, revenue and market share of Automated Fare Collection System in 2016, 2017, and 2018. Players are expected to sign acquisition and collaboration deals to expand their products and services portfolio. Such strategic agreements could help them to improve their client base in other countries and gain a competitive advantage
CHAPTER 1. INTRODUCTION
- 1.1. RESEARCH METHODOLOGY
- 1.1.1. ERC desk research
- 1.1.2. ERC data synthesis
- 1.1.3. Data validation and market feedback
- 1.1.4. ERC data sources
- 1.2. RESEARCH SCOPE
CHAPTER 2. MARKET LANDSCAPE
- 2.1. RESEARCH SUMMARY
- 2.2. VALUE CHAIN ANALYSIS
- 2.3. FIVE FORCES ANALYSIS
- 2.4. MARKET PLAYER POSITIONING
- 2.5. DEMAND FORECAST
- 2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
- 2.7. MARKET DETERMINANTS
- 2.6.1. Key impacting factors
- 2.6.2. Drivers
- 2.6.2.1. Decrease in fraud rates
- 2.6.2.2. Manageable fare plans
- 2.6.2.3. Improved efficiency
- 2.6.2.4. Improves security transport & infrastructure system
- 2.6.2.5. Contactless payment
- 2.6.3. Restraints
- 2.6.3.1. High initial investment
- 2.6.3.2. High maintainance cost
- 2.6.4. Opportunities
- 2.6.4.1. Rise in the technology payment sector
- 2.6.4.2. Improvement in public transport
CHAPTER 3. GLOBAL AUTOMATED FARE COLLECTION MARKET BY APPLICATION
- 3.1. SEGMENT OUTLINE
- 3.2. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION, 2016-2024
- 3.3. BUS FARE COLLECTION
- 3.3.1. Trend analysis
- 3.3.2. Market growth indicators
- 3.3.3. Global bus fare collection market revenue by region, 2016-2024
- 3.4. ELECTRONIC TOLL FARE COLLECTION
- 3.4.1. Trend analysis
- 3.4.2. Market growth indicators
- 3.4.3. Global electronic toll fare collection market revenue by region, 2016-2024
- 3.5. TRAIN FARE COLLECTION
- 3.5.1. Trend analysis
- 3.5.2. Market growth indicators
- 3.5.3. Global train fare collection market revenue by region, 2016-2024
- 3.6. CAR RENTAL FARE COLLECTION
- 3.6.1. Trend analysis
- 3.6.2. Market growth indicators
- 3.6.3. Global car rental fare collection market revenue by region, 2016-2024
CHAPTER 4. GLOBAL AUTOMATED FARE COLLECTION MARKET BY COMPONENT
- 4.1. SEGMENT OUTLINE
- 4.2. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY COMPONENT, 2016-2024
- 4.3. SOFTWARE AND SERVICES
- 4.3.1. Trend analysis
- 4.3.2. Market growth indicators
- 4.3.3. Global software & services fare collection market revenue by region, 2016-2024
- 4.4. HARDWARE
- 4.4.1. Trend analysis
- 4.4.2. Market growth indicators
- 4.4.3. Global hardware fare collection market revenue by region, 2016-2024
CHAPTER 5. GLOBAL AUTOMATED FARE COLLECTION MARKET BY TECHNOLOGY PLATFORM
- 5.1. SEGMENT OUTLINE
- 5.2. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY TECHNOLOGY PLATFORM, 2016-2024
- 5.3. SMART CARD
- 5.3.1. Trend analysis
- 5.3.2. Market growth indicators
- 5.3.3. Global smart card fare collection market revenue by region, 2016-2024
- 5.4. NEAR FIELD COMMUNICATION (NFC)
- 5.4.1. Trend analysis
- 5.4.2. Market growth indicators
- 5.4.3. Global near field communication fare collection market revenue by region, 2016-2024
- 5.5. OPTICAL CHARACTER RECOGNITION (OCR)
- 5.5.1. Trend analysis
- 5.5.2. Market growth indicators
- 5.5.3. Global optical character recognition fare collection market revenue by region, 2016-2024
- 5.6. OTHERS (BARCODING & MAGNETIC STRIPS)
- 5.6.1. Trend analysis
- 5.6.2. Market growth indicators
- 5.6.3. Global other fare collection market revenue by region, 2016-2024
CHAPTER 6. GLOBAL AUTOMATED FARE COLLECTION MARKET BY GEOGRAPHY
- 6.1. SEGMENT OUTLINE
- 6.2. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY GEOGRAPHY, 2016-2024
- 6.3. NORTH AMERICA
- 6.3.1. Trend analysis, Market growth indicators
- 6.3.2. Market estimate and forcast
- 6.3.3. North America automated fare collection market revenue by application type, 2016-2024
- 6.4. EUROPE
- 6.4.1. Trend analysis, Market growth indicators
- 6.4.2. Market estimate and forcast
- 6.4.3. Europe automated fare collection market revenue by application type, 2014-2024
- 6.5. ASIA PACIFIC
- 6.5.1. Trend analysis, Market growth indicators
- 6.5.2. Market estimate and forcast
- 6.5.3. Asia Pacific automated fare collection market revenue by application type, 2016-2024
- 6.6. REST OF THE WORLD
- 6.6.1. Trend analysis, Market growth indicators
- 6.6.2. Market estimate and forcast
- 6.6.3. Rest of the world automated fare collection market revenue by application type, 2016-2024
CHAPTER 7. KEY VENDOR PROFILES
- 7.1. LG CNS CO., LTD
- 7.1.1. Company overview
- 7.1.2. Company snapshot
- 7.1.3. Business overview
- 7.1.4. Strategic Analysis
- 7.2. SCHEIDT & BACHMANN GMBH
- 7.2.1. Company overview
- 7.2.2. Company snapshot
- 7.2.3. Business overview
- 7.2.4. Strategic Analysis
- 7.3. SAMSUNG SDS
- 7.3.1. Company overview
- 7.3.2. Company snapshot
- 7.3.3. Business overview
- 7.3.4. Strategic Analysis
- 7.4. ATOS SE
- 7.4.1. Company overview
- 7.4.2. Company snapshot
- 7.4.3. Business overview
- 7.4.4. Strategic Analysis
- 7.5. ADVANCED CARD SYSTEMS HOLDINGS LTD.
- 7.5.1. Company overview
- 7.5.2. Company snapshot
- 7.5.3. Business overview
- 7.5.4. Strategic Analysis
- 7.6. OMRON CORPORATION
- 7.6.1. Company overview
- 7.6.2. Company snapshot
- 7.6.3. Business overview
- 7.6.4. Strategic Analysis
- 7.7. CUBIC TRANSPORTATION SYSTEMS
- 7.7.1. Company overview
- 7.7.2. Company snapshot
- 7.7.3. Business overview
- 7.7.4. Strategic Analysis
- 7.8. THALES
- 7.8.1. Company overview
- 7.8.2. Company snapshot
- 7.8.3. Business overview
- 7.8.4. Strategic Analysis
- 7.9. NXP SEMICONDUCTORS
- 7.9.1. Company overview
- 7.9.2. Company snapshot
- 7.9.3. Business overview
- 7.9.4. Strategic Analysis
- 7.10. LECIP GROUP
- 7.10.1. Company overview
- 7.10.2. Company snapshot
- 7.10.3. Business overview
- 7.10.4. Strategic Analysis
LIST OF TABLES
TABLE NO 1. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 2. GLOBAL BUS FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 3. GLOBAL ELECTRONIC TOLL FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 4. GLOBAL TRAIN FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 5. GLOBAL CAR RENTAL FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 6. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION)
TABLE NO 7. GLOBAL SOFTWARE & SERVICES FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 8. GLOBAL HARDWARE FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($ MILLION)
TABLE NO 9. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY TECHNOLOGY PLATFORM, 2016-2024 ($MILLION)
TABLE NO 10. GLOBAL SMART CARD FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 11. GLOBAL NEAR FIELD COMMUNICATION FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 12. GLOBAL OPTICAL CHARACTER RECOGNITION FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 13. GLOBAL OTHER FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 14. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
TABLE NO 15. NORTH AMERICA AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
TABLE NO 16. EUROPE AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2014-2024 ($MILLION)
TABLE NO 17. ASIA PACIFIC AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
TABLE NO 18. REST OF THE WORLD AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
TABLE NO 19. LG CNS CO., LTD SNAPSHOT
TABLE NO 20. KEY STRATEGIES – LG CNS CO., LTD
TABLE NO 21. SCHEIDT & BACHMANN GMBH SNAPSHOT
TABLE NO 22. KEY STRATEGIES – SCHEIDT & BACHMANN GMBH
TABLE NO 23. SAMSUNG SDS SNAPSHOT
TABLE NO 24. KEY STRATEGIES – SAMSUNG SDS
TABLE NO 25. ATOS SE SNAPSHOT
TABLE NO 26. KEY STRATEGIES – ATOS SE
TABLE NO 27. ADVANCED CARD SYSTEMS HOLDINGS LTD. SNAPSHOT
TABLE NO 28. KEY STRATEGIES – ADVANCED CARD SYSTEMS HOLDINGS LTD.
TABLE NO 29. OMRON CORPORATION SNAPSHOT
TABLE NO 30. KEY STRATEGIES – OMRON CORPORATION
TABLE NO 31. CUBIC TRANSPORTATION SYSTEMS SNAPSHOT
TABLE NO 32. KEY STRATEGIES – CUBIC TRANSPORTATION SYSTEMS
TABLE NO 33. THALES SNAPSHOT
TABLE NO 34. KEY STRATEGIES – THALES
TABLE NO 35. NXP SEMICONDUCTORS SNAPSHOT
TABLE NO 36. KEY STRATEGIES – NXP SEMICONDUCTORS
TABLE NO 37. LECIP GROUP SNAPSHOT
TABLE NO 38. KEY STRATEGIES – LECIP GROUP
LIST OF FIGURES
FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET SHARE ANALYSIS
FIGURE NO 4. INVESTMENT OPPORTUNITIES
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. KEY IMPACTING FACTORS
FIGURE NO 7. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 8. GLOBAL BUS FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 9. GLOBAL ELECTRONIC TOLL FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 10. GLOBAL TRAIN FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($ MILLION)
FIGURE NO 11. GLOBAL CAR RENTAL FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 12. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION)
FIGURE NO 13. GLOBAL SOFTWARE & SERVICES FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($ MILLION)
FIGURE NO 14. GLOBAL HARDWARE FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 15. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY TECHNOLOGY PLATFORM, 2016-2024 ($ MILLION)
FIGURE NO 16. GLOBAL SMART CARD FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 17. GLOBAL NEAR FIELD COMMUNICATION FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 18. GLOBAL OPTICAL CHARACTER RECOGNITION FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 19. GLOBAL OTHER FARE COLLECTION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 20. GLOBAL AUTOMATED FARE COLLECTION MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
FIGURE NO 21. NORTH AMERICA AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
FIGURE NO 22. EUROPE AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2014-2024 ($MILLION)
FIGURE NO 23. ASIA PACIFIC AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
FIGURE NO 24. REST OF THE WORLD AUTOMATED FARE COLLECTION MARKET REVENUE BY APPLICATION TYPE, 2016-2024 ($MILLION)
Summary:
Get latest Market Research Reports on Automated Fare Collection System . Industry analysis & Market Report on Automated Fare Collection System is a syndicated market report, published as Automated Fare Collection System Market By Application (Bus, Toll, Train and Car rental), By Component (Software & Services, hardware) By Technology Platform (Smart card, NFC, OCR, and Others), By Geography (North America, Europe, Asia Pacific and Rest of World), Global Opportunity Analysis and Industry Forecast, 2016 - 2024. It is complete Research Study and Industry Analysis of Automated Fare Collection System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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