Automated Fare Collection AFC Global Market Trend, Research Approach, Data Analysis and Forecast to 2022
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Automated Fare Collection AFC Global Market Trend, Research Approach, Data Analysis and Forecast to 2022

     



    (Transportation-News.com, April 22, 2017 ) According to Publisher, the Global Automated Fare Collection (AFC) Market is accounted for $5.6 billion in 2015 and expected to grow at a CAGR of 13.8% to reach $13.9 billion by 2022. Demand for Congestion free transportation systems, reduction in environmental pollution and support from various governments to invest on automated fare collection system is driving the market growth. However, high installation cost will hamper market growth. Fare collection technology platforms and developments in developing economies will provide ample opportunity for the market to grow.

    For more information about this report: http://www.reportsweb.com/automated-fare-collection-afc-global-market-outlook-2016-2022

    The magnetic stripes technology segment and smart card technology are growing during forecast period. The hardware segment commanded the largest share due to development in Europe and Asia Pacific region. North America is expected to dominate the market followed by Europe. Asia Pacific is the fastest growing market due to enhancement in transportation infrastructure and security system.
    Some of the key players in global Automated Fare Collection (AFC) market are Advanced Card Systems Ltd., Atos SE, Cubic Transportation Systems, Scheidt & Bachmann GmbH, NXP Semiconductors N.V , Omron Corporation, ST Electronics, Thales Group, Trapeze Group, iBlocks Limited, Indra Sistemas SA, LG Corporation, Masabi Ltd., Nippon Signal, Samsung SDS Co. Ltd., Siemens AG, Sony Corporation, Singapore Technologies Electronics Limited (ST Electronics), Xerox Corporation and Vix Technology.
    Technologies Covered:
    - Near-Field Communication (NFC)
    - Optical character recognition (OCR)
    - Smart Card
    - Magnetic Stripes
    - Other technologies (Barcoding, others)
    Applications Covered:
    - Parking
    o Auto Pay Machine
    o Parking Entry/Exit Barriers
    o Ticket Validating Machine
    - Rail and Transport
    o Automatic Collection Gate
    o Passenger Service Machine
    o Ticket Vending Machine
    o Smart Card Ticketing
    - Theme Park
    - Electronic toll collection
    - e-payment

    Systems Covered:
    - Fare Gates
    - IC cards
    - Ticket Office Machine
    - Ticket Vending Machine

    Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001565113/sample

    Components Covered:
    - Hardware
    - Software

    Regions Covered:
    - North America
    o US
    o Canada
    o Mexico
    - Europe
    o Germany
    o France
    o Italy
    o UK
    o Spain
    o Rest of Europe
    - Asia Pacific
    o Japan
    o China
    o India
    o Australia
    o New Zealand
    o Rest of Asia Pacific
    - Rest of the World
    o Middle East
    o Brazil
    o Argentina
    o South Africa
    o Egypt

    What our report offers:
    - Market share assessments for the regional and country level segments
    - Market share analysis of the top industry players
    - Strategic recommendations for the new entrants
    - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
    - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
    - Strategic recommendations in key business segments based on the market estimations
    - Competitive landscaping mapping the key common trends
    - Company profiling with detailed strategies, financials, and recent developments
    - Supply chain trends mapping the latest technological advancements

    Company Profiling
    11.1 Advanced Card Systems Ltd.
    11.2 Atos SE
    11.3 Cubic Transportation Systems,
    11.4 Scheidt & Bachmann GmbH
    11.5 NXP Semiconductors N.V
    11.6 Omron Corporation
    11.7 ST Electronics
    11.8 Thales Group
    11.9 Trapeze Group
    11.10 iBlocks Limited
    11.11 Indra Sistemas SA
    11.12 LG Corporation
    11.13 Masabi Ltd.
    11.14 Nippon Signal
    11.15 Samsung SDS Co. Ltd.
    11.16 Siemens AG
    11.17 Sony Corporation
    11.18 Singapore Technologies Electronics Limited (ST Electronics)
    11.19 Xerox Corporation
    11.20 Vix Technology

    Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001565113/buying

    ReportsWeb.com

    Priya Sisodia

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC