Edison, NJ -- (SBWIRE) -- 07/23/2019 -- Automated fare collection system refers to the automated ticketing system used to analyze passenger flow records for public transport. Fare collection and ticket issued play an important role in the proper management of the overall transportation system.
This intelligence report provides a comprehensive analysis of the "Global Automated Fare Collection Systems Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period.Some of the key players profiled in the study are Advanced Card Systems Ltd. (Hong Kong), Thales Group (France), Omron Corporation (Japan), Vix Technology (United Kingdom), Samsung (South Korea), GMV (Spain), NIPPON SIGNAL CO., LTD (Japan) and NXP SEMICONDUCTORS N.V. (Netherlands).
According to AMA, the Global Automated Fare Collection Systems market is expected to see growth rate of 11.01% and may see market size of USD12319.3 Million by 2024.
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Market Trend
- Adoption of New Technologies Such as Near-Field Communication (NFC), Magnetic Stripes
Market Drivers
- Increasing Adoption of Public Transportation Primarily, Metro Railways, and Rapid Bus
Opportunities
- Rising Demand for Advanced Public Transport Solutions in Both Nations
Restraints
- Higher Initial Investments in Installing Automated Fare Collection Systems
Challenges
- Lack of Digital Money, and E Payments Platforms and IT Infrastructure from Developing Countries
Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global Automated Fare Collection Systems Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
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Segmentation and Targeting:
The Study Explore the Product Types of Automated Fare Collection Systems Market: Near-Field Communication, Magnetic Stripes, OCR, Smart Card, Other
Key Applications/end-users of Global Automated Fare Collection Systems Market: Transport & Logistic, Media & Entertainment, Government, Retail, Other
Component Type: Hardware, Software
System Type: Transport & Logistic, Media & Entertainment, Government, Retail, Other
Top Players in the Market are: Advanced Card Systems Ltd. (Hong Kong), Thales Group (France), Omron Corporation (Japan), Vix Technology (United Kingdom), Samsung (South Korea), GMV (Spain), NIPPON SIGNAL CO., LTD (Japan) and NXP SEMICONDUCTORS N.V. (Netherlands)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
- To Define, Describe, and Segment The Global Automated Fare Collection Systems Market On The Basis Of Type, Function, Application, And Region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- To estimate the size of the Global Automated Fare Collection Systems Market in terms of value.
- To study the individual growth trends of the providers of Global Automated Fare Collection Systems Market, their future expansions, and analyze their contributions to the market
- To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global Automated Fare Collection Systems Market and various regions.
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global Automated Fare Collection Systems Market.
- To strategically profile key market players and comprehensively analyze their market position and core competencies
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Extracts from TOC
1 Study Coverage
Industry Definition
.....
2. Executive Summary
Global Automated Fare Collection Systems Market Size (2014-2025) by Revenue, Production*, Growth rate
Analysis of Competitive Landscape - Insights on Market Development Scenario
3. Market Size by Manufacturers [Market Share, Global Rank etc]
4. Global Automated Fare Collection Systems Production, Consumption by Regions (2014-2025)
5. Market Size by Type
Global Automated Fare Collection Systems Revenue by Type
Global Automated Fare Collection Systems Volume by Type
Global Automated Fare Collection Systems Price by Type
6. Market Size by Application (2014-2025)
Global Automated Fare Collection Systems Breakdown Data by Revenue, Volume
7. Manufacturers Profiles
8. Value Chain and Sales Channels Analysis
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Automated Fare Collection Systems market?
- What are the key concerns of the five forces analysis of the Global Automated Fare Collection Systems market?
- What are different prospects and threats faced by the dealers in the Global Automated Fare Collection Systems market?
- What are the strengths and weaknesses of the key vendors?
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