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Global Automated Fare Collection Market Size Study, by Technology (Smart Cards, Magnetic Strip, NFC, OCR), by Component (Hardware, Software), by System (TVM, TOM, Fare Gates, IC Cards) and Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2017-2025 (USD Billion/Million)

Global Automated Fare Collection Market Size Study, by Technology (Smart...

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Global Automated Fare Collection Market Size Study, by Technology (Smart Cards, Magnetic Strip, NFC, OCR), by Component (Hardware, Software), by System (TVM, TOM, Fare Gates, IC Cards) and Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2017-2025 (USD Billion/Million)
Global Automated Fare Collection Market...
Report Code
RO9/103/1162

Publish Date
02/Jan/2018

Pages
180-200
PRICE
$ 3950/-
This is a single user license, allowing one specific user access to the product. The product is a PDF.
$ 5550/-
This is an enterprise license, allowing all employees within your organization access to the product. The product is a PDF..
Global Automated Fare Collection Market industry valued approximately USD 6.51 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.21% over the forecast period 2017-2025. Major factors propelling the growth are civil developments and large-scale development in public infrastructure. Rising number of regional integration between system providers and commute agencies like railways, airports, etc also adds to positive growth.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Technology:
> Smart Card
> Magnetic Strips
> Near Field Communication (NFC)
> Optical Character Recognition (OCR)

Component:
> Hardware
> Software

System:
> Ticket Vending Machine
> Ticket Office Machine
> Fare Gates
> IC Cards

Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025

Some of the key manufacturers involved in the market are Omron Corp., Atos SE, Thales Group, Fare Logistics, Advance Cards Systems, Cubic Systems, LG Corp., and Samsung SDS. New product launches focus on continuous technology innovations, acquisitions, and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by investing in research and development.

Target Audience of the Automated Fare Collection Market Study

> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors

Please note that owing to the criticality of the Automated Fare Collection Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.

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