1. Market Research
  2. > Transportation Market Trends
  3. > Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

This market research study analyzes the automated fare collection market on a global level and provides estimates in terms of revenue (USD billion) from 2015 to 2021. It gives a comprehensive overview of the AFC market from all the important strategic perspectives. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years. By geography, the automated fare collection market has been segmented into North America, Europe, Asia Pacific and Rest of the world (RoW). The current market size and forecast till 2021 is provided in the report.
Automated fare collection market is the automated ticketing systems designed for transportation networks. Automated fare collection system enables efficiency in the fare collection and helps in improving the transaction rate. The Automated fare collection AFC also helps in broadening the customer base for the transport system and establishment. The AFC system helps in saving considerable amount of time as it eliminates the need for waiting in queues for buying tickets. Moreover, installation of AFC systems enables the transport authorities to enhance services to the end users. Development of mono rail and metro services in rising cities and other metro cities is a major driver in the automated fare collection market. Government focus at improvement of transportation security and infrastructure is likely to drive the market. Use of account-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. The growth in demand for enhancement for business process to maximize profitability among organization is likely to help the growth in demand for AFC system over the forecast period. Established transportation agencies are getting into strategic partnerships with AFC manufactures, AFC solution providers and financial institutions to integrate the AFC process and help them reduce the overall cost
Smart Cards led the automated fare collection market segmented by technology type. Smart cards are the most widely used technology in the automated fare collection market as they are secure and reliable. However, emergence of government norms on the smart card manufacturers is likely to restrain the smart card market over the forecast period.
North America is the leader in the global automated fare collection market due to presence of developed nations like the U.S and Canada. AFC is used in all kind of transportation system in the region and thus have high demand for AFC systems. Asia Pacific is the most attractive regional market for AFS. There are a lot of construction and development actives which are taking place in the region to improve the transportation infrastructure and modernize the transportation system. Moreover, a lot of express ways are built to improve the connectivity in the region and most of these express road ways have toll charges on them, which are mostly collected using AFC systems, thus driving the market.
The report provides strategic analysis of the automated fare collection market and the growth forecast for the period 2015-2021. The report covers competitive analysis of various market segments based on the automated fare collection technology types, automated fare collection components and automated fare collection industrial application.
The market share of various key industry players operating in the automated fare collection market along with their company overview, market presence (by segment and geography), financial overview, business strategies and recent developments are also included in the report. The 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.
The Automated fare collection market has been segmented as follows:
Automated Fare Collection Market: By Technology Type
Smart cards
Magnetic strips
NFC
OCR
Automated Fare Collection Market: By Component
Software
Hardware
Automated Fare Collection Market: By Industrial Application
Bus
Toll
Car rental
Train
e-payment
others
Automated Fare Collection Market: By Geography
North America
U.S.
Canada
Mexico)
Europe
United Kingdom
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 Contents

Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
Chapter 1 Preface
1.1 Report description
1.2 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
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
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
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 )
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 )
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
List of Figures
FIG. 1 Market share by key automated fare collection vendors, 2014
FIG. 2 Market attractiveness analysis, by application, 2014 (Value %)
FIG. 3 Smart Card, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 4 Magnetic Strips, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 5 NFC, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 6 OCR, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 7 Global Automated Fare Collection Market Revenue Share (%), By Component, 2014Vs 2021
FIG. 8 Software, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 9 Hardware, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 10 Global Automated Fare Collection Market Revenue Share (%), By Industrial Application, 2014Vs 2021
FIG. 11 Bus, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 12 Toll, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 13 Car rental, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 14 Train, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 15 E-payment, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 16 Others, Market Revenue and Forecast, 2014 - 2021 (USD billion )
FIG. 17 Global Automated Fare Collection Market Revenue Share, by Geography, 2014 - 2021 (%)
FIG. 18 North America automated fare collection market revenue and forecast, 2014 - 2021 (USD billion )
FIG. 19 Europe automated fare collection market revenue and forecast, 2014 - 2021 (USD billion )
FIG. 20 Asia Pacific automated fare collection market revenue and forecast, 2014 - 2021 (USD billion )
FIG. 21 RoW automated fare collection market revenue and forecast, 2014 - 2021 (USD billion )
List of Tables
TABLE 1 Global automated fare collection market snapshot (revenue), 2014 and 2021
TABLE 2 Drivers: Impact analysis
TABLE 3 Restraints: Impact analysis
TABLE 4 North America automated fare collection market revenue and forecast, by technology, 2014 - 2021 (USD billion )
TABLE 5 North America automated fare collection market revenue and forecast, by component, 2014 - 2021 (USD billion )
TABLE 6 North America automated fare collection market revenue and forecast, by industrial application, 2014 - 2021 (USD billion )
TABLE 7 North America automated fare collection market revenue and forecast, by country, 2014 - 2021 (USD billion )
TABLE 8 Europe automated fare collection market revenue and forecast, by technology type, 2014 - 2021 (USD billion )
TABLE 9 Europe automated fare collection market revenue and forecast, by component, 2014 - 2021 (USD billion )
TABLE 10 Europe automotive fare collection market revenue and forecast, by industrial application, 2014 - 2021 (USD billion )
TABLE 11 Europe automotive fare collection market revenue and forecast, by country, 2014 - 2021 (USD billion )
TABLE 12 Asia Pacific automated fare collection market revenue and forecast, by technology type, 2014 - 2021 (USD billion )
TABLE 13 Asia Pacific automated fare collection market revenue and forecast, by component, 2014 - 2021 (USD billion )
TABLE 14 Asia Pacific automated fare collection market revenue and forecast, by industrial application, 2014 - 2021 (USD billion )
TABLE 15 Asia Pacific automated fare collection market revenue and forecast, by country, 2014 - 2021 (USD billion )
TABLE 16 RoW automated fare collection market revenue and forecast, by technology type, 2014 - 2021 (USD billion )
TABLE 17 RoW automated fare collection market revenue and forecast, by component, 2014 - 2021 (USD billion )
TABLE 18 RoW automated fare collection market revenue and forecast, by industrial application, 2014 - 2021 (USD billion )
TABLE 19 RoW automated fare collection market revenue and forecast, by country, 2014 - 2021 (USD billion )

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Tourism Spend Analytics to 2020: Accommodation, Entertainment and Sightseeing, Foodservice, Retail, Transportation, Travel Intermediation, Others

Global Tourism Spend Analytics to 2020: Accommodation, Entertainment and Sightseeing, Foodservice, Retail, Transportation, Travel Intermediation, Others

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Tourism Spend (Expenditure under taken on Travel and Tourism related commodities by a tourist within a country. This expenditure is categorized in to accommodation, sightseeing and entertainment, ...

Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Tourism Demand (Factors that influence time and money spent on tourism. Typical factors include the number of holiday days available to an employee in their country and mean household income) and ...

Global Passenger Airlines Market to 2020: Market Segments Sizing and Revenue Analytics

Global Passenger Airlines Market to 2020: Market Segments Sizing and Revenue Analytics

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Passenger Airlines (Airlines whose primary business is the transport of passengers) has evolved dramatically in the recent years. The report Global Passenger Airlines Market to 2020: Market Segments ...

Future Of Logistics

September 2016 $ 10000

Enhanced Monthly Statistics

November 2016 $ 9600

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.