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Transparency Market Research Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
Published Date 2015-11-20
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Sizeable Investments in Transportation Systems to Help Automated Fare Collection Market reach US$10.87 bn Globally by 2021 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Automated Fare Collection Market
REPORT DESCRIPTION
Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021 According to a new market report published by Transparency Market Research “ Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the automated fare collection market was valued at US$5.12 bn in 2014, and is expected to reach US$10.87 bn by 2021, at a CAGR of 11.4% from 2015 to 2021. Browse The Market Research Report of Automated Fare Collection Market : http://www.transparencymarketresearch.com/automated-fare-collectionmarket.html Automated fare collection (AFS) system is an automated ticketing systems designed for transportation networks. Automated fare collection system enables efficiency in the fare collection and helps in improving the transaction speed. The automated fare collection also helps in broadening the customer base for the transportation systems and establishment. The AFC system helps in saving considerable amount of time as it eliminates the wait in queues for buying tickets. Moreover, installation of AFC systems provides opportunity to the transportation authorities to enhance services to the end users. Development of mono rail and metro services in developing cities and other metro cities is a major driver in the growth of the automated fare collection system. Government focus at improvement of transportation security and infrastructure is likely to drive the market. Use of app-based payment systems like credit, debit and bank card is likely to drive the market further. The cost of installation and development of infrastructure for the automated fare collection system is very high and is a major restraint for the growth of the automated fare collection market. Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=7784 The global automated fare collection market is broadly segmented into: North America, Europe, Asia Pacific and Rest of the World. North America accounted for the largest market share in the global automated fare collection market. In 2014, North America accounted for 35.1% of the total
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market share. Presence of developed nations like the U.S and Canada which has a high adoption of AFC system and uses the technology in all kind of transportation system in the region is driving the growth of AFC system in the region. The automated fare collection market by technology has been segmented into: smart cards, NFC, magnetic strips, and OCR. Smart card technology in the automated fare collection market accounted for the largest revenue in 2014. The smart card segment in the automated fare collection market segmented by technology accounted for 44% market share. Smart cards are the most widely used technology in the automated fare collection market as they are secure and reliable. Browse Press Release of Automated Fare Collection Market : http://www.transparencymarketresearch.com/pressrelease/automated-fare-collectionmarket.htm The automated fare collection market by component has been segmented into hardware and software components. In 2014, the software segment accounted for 55% of the total market share in the automated fare collection market segmented by component. Growth in use of smart phones for making payments is expected to drive the market over the forecast period. The automated fare collection market by industrial application is segmented into bus, toll, car rental, train, e-payment and others. The car rental segment in the automated fare collection market segmented by industrial application accounted for the largest market share and contributed 26% of the total market share in 2014. Use of AFC for payment, booking and ticketing in the car rental market is expected to drive the market over the forecast period. Browse All Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html Key players operating in the Automated Fare Collection market are Advanced Card Systems Ltd., Atos, Cubic Transportation Systems, Fare Logistics, GMV, LG, NXP Semiconductors, Omron Corporation, and Samsung SDS. This report provides strategic analysis of the automated fare collection market and the growth forecast for the period 2015 to 2021. The report covers competitive analysis of various market segments based on the technology types, components and industry applications and in-depth cross sectional analysis of the Automated Fare Collection market across different geographic segments. The Automated Fare Collection market has been segmented as follows: Automated Fare Collection Market: By Technology Type
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Smart cards
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Magnetic strips
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NFC
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OCR
Automated Fare Collection Market: By Components •
Software
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Hardware
Automated Fare Collection Market: By Industrial Application •
Bus
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Toll
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Car rental
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Train
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e-payment
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others
Automated Fare Collection Market: By Geography North America U.S. Canada Mexico) Europe United Kingdom
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Germany France Italy Rest of Europe) Asia Pacific China India Japan Taiwan South Korea Rest of Asia Pacific) Rest of the World South America Middle East Africa) TABLE OF CONTENT
Chapter 1 Preface 1.1 Report description 1.2 Research methodology Chapter 2 Executive Summary Chapter 3 Market Overview
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3.1 Introduction 3.2 Key Trend Analysis 3.3 Market Dynamics 3.3.1 Market drivers 3.3.1.1 Advancement in the infrastructure for transportation systems 3.3.1.2 Increase in the usage of e-payment and rising usage of public transport systems based smart phones app 3.3.1.3 Governments initiatives towards cost reduction of public transport 3.3.2 Market Restraints 3.3.2.1 High installation cost associated with the automated fare collection system 3.3.2.2 Challenge of integrating solutions with various components to provide smooth working 3.3.3 Market opportunities 3.3.3.1 Growth of high speed public transport like metro, high speed train and mono rail in developing nations 3.4 Global automated fare collection market: Market attractiveness analysis 3.5 Global automated fare collection market: Company market share analysis Chapter 4 Global Automated Fare Collection Market by Technology Type 2015 – 2021 4.1 Introduction 4.2 Smart Cards 4.2.1 Smart Cards Market Revenue and Forecast, 2014 – 2021 (USD billion ) 4.3 Magnetic Strips
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4.3.1 Magnetic Strips Market Revenue and Forecast, 2014 – 2021 (USD billion ) 4.2 NFCs 4.2.1 NFCs Market Revenue and Forecast, 2014 – 2021 (USD billion ) 4.2 OCR 4.2.1 OCR Market Revenue and Forecast, 2014 – 2021 (USD billion ) Chapter 5 Global Automated Fare Collection Market by Component 2015 – 2021 5.1 Introduction 5.2 Software 5.2.1 Software Market Revenue and Forecast, 2014 – 2021 (USD billion ) 5.3 Hardware 5.3.1 Hardware Market Revenue and Forecast, 2014 – 2021 (USD billion ) Chapter 6 Global Automated Fare Collection Market by Industrial Application 2015 – 2021 (Revenue) 6.1 Introduction 6.2 Bus 6.2.1 Bus Market Revenue and Forecast, 2014 – 2021 (USD billion ) 6.3 Toll 6.3.1 Toll Market Revenue and Forecast, 2014 – 2021 (USD billion ) 6.4 Car rental 6.4.1 Car Rental Market Revenue and Forecast, 2014 – 2021 (USD billion ) 6.5 Train
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6.5.1 Train Market Revenue and Forecast, 2014 – 2021 (USD billion ) 6.6 E-payment 6.6.1 E-payment Market Revenue and Forecast, 2014 – 2021 (USD billion ) 6.7 Others 6.7.1 Others Market Revenue and Forecast, 2014 – 2021 (USD billion ) Chapter 7 Global Automated Fare Collection Market by Geography 2015 – 2021 (Revenue) 7.1 Introduction 7.1.1 Global Automated Fare Collection Market Revenue Share, by Geography, 2014 and 2021 (%) 7.2 North America 7.2.1 North America automated fare collection market revenue and forecast, 2014 – 2021 (USD billion ) 7.2.2 North America automated fare collection market revenue and forecast, technology, 2014 – 2021 (USD billion ) 7.2.3 North America automated fare collection market revenue and forecast, by Component, 2014 – 2021 (USD billion ) 7.2.4 North America automated fare collection market revenue and forecast, by industrial application, 2014 – 2021 (USD billion ) 7.2.5 North America automated fare collection market revenue and forecast, by Country, 2014 – 2021 (USD billion ) 7.2 Europe America 7.2.1 Europe automated fare collection market revenue and forecast, 2014 – 2021 (USD billion ) 7.2.2 Europe automated fare collection market revenue and forecast, technology, 2014 – 2021 (USD billion )
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7.2.3 Europe automated fare collection market revenue and forecast, by Component, 2014 – 2021 (USD billion ) 7.2.4 Europe automated fare collection market revenue and forecast, by industrial application, 2014 – 2021 (USD billion ) 7.2.5 Europe automated fare collection market revenue and forecast, by Country, 2014 – 2021 (USD billion ) 7.2 Asia Pacific 7.2.1 Asia Pacific automated fare collection market revenue and forecast, 2014 – 2021 (USD billion ) 7.2.2 Asia Pacific automated fare collection market revenue and forecast, technology, 2014 – 2021 (USD billion ) 7.2.3 Asia Pacific automated fare collection market revenue and forecast, by Component, 2014 – 2021 (USD billion ) 7.2.4 Asia Pacfic automated fare collection market revenue and forecast, by industrial application, 2014 – 2021 (USD billion ) 7.2.5 Asia Pacific automated fare collection market revenue and forecast, by Country, 2014 – 2021 (USD billion ) 7.2 RoW 7.2.1 RoW automated fare collection market revenue and forecast, 2014 – 2021 (USD billion ) 7.2.2 RoW automated fare collection market revenue and forecast, technology, 2014 – 2021 (USD billion ) 7.2.3 RoW automated fare collection market revenue and forecast, by Component, 2014 – 2021 (USD billion ) 7.2.4 RoW automated fare collection market revenue and forecast, by industrial application, 2014 – 2021 (USD billion )
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7.2.5 RoW automated fare collection market revenue and forecast, by Country, 2014 – 2021 (USD billion ) Chapter 8 Company Profiles 8.1 Advanced Card Systems Ltd. 8.2 Atos 8.3 Cubic Transportation Systems 8.4 Fare Logistics 8.5 GMV 8.6 LG 8.7 NXP Semiconductors 8.8 Omron Corporation 8.9 Samsung SDS
Browse All Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports7.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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