Automated Fare Collection (AFC) - Global Market Outlook (2017-2023)

Automated Fare Collection (AFC) - Global Market Outlook (2017-2023)

  • Published: December 2017
  • ID: SMRC16860

According to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $6.38 billion in 2016 and is expected to reach $15.83 billion by 2023 growing at a CAGR of 13.9% during the forecast period. Demand for congestion free transportation systems, reduction in environmental pollution and support from various governments to invest on automated fare collection system are some factors driving the market growth. However, high installation cost and slow growth in emerging countries are hampering the market. Fare collection technology platforms and developments in developing economies will provide ample opportunity for the market to grow.

On the basis of components, the hardware segment retains the largest market share in automated fare collection industry and is expected to maintain its leading position during the forecast period owing to development in Europe and Asia Pacific region.

In terms of geography, North America region has been an extremely open and competitive market with regards to the adoption of AFC solutions across major industry applications. This region has been particularly responsive toward adopting the latest technological advancements, such as NFC and magnetic stripes. Moreover, strict government standards and regulations framed for various industries have also driven the growth of this region.

Some of the key players in this market include Omron Corp, NXP Semiconductors, LG Corporation, GMV, Atos SE, Samsung, Cubic Transportation Systems, Scheidt & Bachmann, Fare Logistics, Siemens AG, Advanced Card Systems, Sony Corporation, Trapeze Group, Vix Technology, Thales Group, Singapore Technologies Electronics Limited Xerox Corporation, Nippon Signal, Masabi Ltd., Indra Sistemas SA, iBlocks Limited and ST Electronics.

Service Types Covered:
• System Implementation
• Training, Support, and Maintenance
• Managed Services
• Consulting

Applications Covered:
• Theme Park
• Parking
• Rail and Transport
• Other Applications

End Users Covered:
• Retail
• Transportation and Logistics
• Media and Entertainment
• Government
• Other End Users

Systems Covered:
• Fare gates
• Ticket vending machine
• IC cards
• Ticket office machine

Technologies covered:
• Near-Field Communication (NFC)
• Smart Card
• Optical character recognition (OCR)
• Other Technologies

Components covered:
• Software
• Hardware 

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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

1 Executive Summary 
   
2 Preface  

 2.1 Abstract 
 2.2 Stake Holders
 2.3 Research Scope
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
   
3 Market Trend Analysis
 3.1 Introduction
 3.2 Drivers 
 3.3 Restraints
 3.4 Opportunities
 3.5 Threats 
 3.6 Application Analysis
 3.7 End User Analysis
 3.8 Technology Analysis
 3.9 Emerging Markets
 3.10 Futuristic Market Scenario
   
4 Porters Five Force Analysis
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry
   
5 Global Automated Fare Collection (AFC) Market, By Service Type
 5.1 Introduction
 5.2 System Implementation
 5.3 Training, Support, and Maintenance
 5.4 Managed Services
 5.5 Consulting 
   
6 Global Automated Fare Collection (AFC) Market, By Application
 6.1 Introduction
 6.2 Theme Park 
 6.3 Parking  
  6.3.1 Auto Pay Machine
  6.3.2 Parking Entry/Exit Barriers
  6.3.3 Ticket Validating Machine
 6.4 Rail and Transport 
  6.4.1 Ticket Vending Machine
  6.4.2 Smart Card Ticketing
  6.4.3 Automatic Collection Gate
  6.4.4 Passenger Service Machine
 6.5 Other Applications
   
7 Global Automated Fare Collection (AFC) Market, By End User
 7.1 Introduction
 7.2 Retail  
 7.3 Transportation and Logistics
 7.4 Media and Entertainment
 7.5 Government 
 7.6 Other End Users
   
8 Global Automated Fare Collection (AFC) Market, By System
 8.1 Introduction
 8.2 Fare gates
 8.3 Ticket vending machine
 8.4 IC cards 
 8.5 Ticket office machine
   
9 Global Automated Fare Collection (AFC) Market, By Technology
 9.1 Introduction
 9.2 Near-Field Communication (NFC)
 9.3 Smart Card
 9.4 Optical character recognition (OCR)
 9.5 Other Technologies
  9.5.1 Magnetic Stripes
  9.5.2 Bar coding
   
10 Global Automated Fare Collection (AFC) Market, By Component
 10.1 Introduction
 10.2 Software 
 10.3 Hardware
   
11 Global Automated Fare Collection (AFC) Market, By Geography
 11.1 Introduction
 11.2 North America
  11.2.1 US
  11.2.2 Canada
  11.2.3 Mexico
 11.3 Europe 
  11.3.1 Germany
  11.3.2 UK
  11.3.3 Italy
  11.3.4 France
  11.3.5 Spain
  11.3.6 Rest of Europe
 11.4 Asia Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 Australia
  11.4.5 New Zealand
  11.4.6 South Korea
  11.4.7 Rest of Asia Pacific
 11.5 South America
  11.5.1 Argentina
  11.5.2 Brazil
  11.5.3 Chile
  11.5.4 Rest of South America
 11.6 Middle East & Africa
  11.6.1 Saudi Arabia
  11.6.2 UAE
  11.6.3 Qatar
  11.6.4 South Africa
  11.6.5 Rest of Middle East & Africa
   
12 Key Developments 
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers
 12.3 New Product Launch
 12.4 Expansions
 12.5 Other Key Strategies
   
13 Company Profiling 
 13.1 Omron Corp
 13.2 NXP Semiconductors
 13.3 LG Corporation
 13.4 GMV 
 13.5 Atos  SE
 13.6 Samsung 
 13.7 Cubic Transportation Systems
 13.8 Scheidt & Bachmann
 13.9 Fare Logistics
 13.10 Siemens AG
 13.11 Advanced Card Systems
 13.12 Sony Corporation
 13.13 Trapeze Group
 13.14 Vix Technology
 13.15 Thales Group
 13.16 Singapore Technologies Electronics Limited
13.17 Xerox Corporation
13.18 Nippon Signal
13.19 Masabi Ltd.
13.20 Indra Sistemas SA
13.21 iBlocks Limited
13.22 ST Electronics


List of Tables  
1 Global Automated Fare Collection (AFC) Market Outlook, By Region (2014-2023) ($MN)
2 Global Automated Fare Collection (AFC) Market Outlook, By Service Type (2014-2023) ($MN)
3 Global Automated Fare Collection (AFC) Market Outlook, By System Implementation (2014-2023) ($MN)
4 Global Automated Fare Collection (AFC) Market Outlook, By Training, Support, and Maintenance (2014-2023) ($MN)
5 Global Automated Fare Collection (AFC) Market Outlook, By Managed Services (2014-2023) ($MN)
6 Global Automated Fare Collection (AFC) Market Outlook, By Consulting (2014-2023) ($MN)
7 Global Automated Fare Collection (AFC) Market Outlook, By Application (2014-2023) ($MN)
8 Global Automated Fare Collection (AFC) Market Outlook, By Theme Park (2014-2023) ($MN)
9 Global Automated Fare Collection (AFC) Market Outlook, By Parking (2014-2023) ($MN)
10 Global Automated Fare Collection (AFC) Market Outlook, By Auto Pay Machine (2014-2023) ($MN)
11 Global Automated Fare Collection (AFC) Market Outlook, By Parking Entry/Exit Barriers (2014-2023) ($MN)
12 Global Automated Fare Collection (AFC) Market Outlook, By Ticket Validating Machine (2014-2023) ($MN)
13 Global Automated Fare Collection (AFC) Market Outlook, By Rail and Transport (2014-2023) ($MN)
14 Global Automated Fare Collection (AFC) Market Outlook, By Ticket Vending Machine (2014-2023) ($MN)
15 Global Automated Fare Collection (AFC) Market Outlook, By Smart Card Ticketing (2014-2023) ($MN)
16 Global Automated Fare Collection (AFC) Market Outlook, By Automatic Collection Gate (2014-2023) ($MN)
17 Global Automated Fare Collection (AFC) Market Outlook, By Passenger Service Machine (2014-2023) ($MN)
18 Global Automated Fare Collection (AFC) Market Outlook, By Other Applications (2014-2023) ($MN)
19 Global Automated Fare Collection (AFC) Market Outlook, By End User (2014-2023) ($MN)
20 Global Automated Fare Collection (AFC) Market Outlook, By Retail (2014-2023) ($MN)
21 Global Automated Fare Collection (AFC) Market Outlook, By Transportation and Logistics (2014-2023) ($MN)
22 Global Automated Fare Collection (AFC) Market Outlook, By Media and Entertainment (2014-2023) ($MN)
23 Global Automated Fare Collection (AFC) Market Outlook, By Government (2014-2023) ($MN)
24 Global Automated Fare Collection (AFC) Market Outlook, By Other End Users (2014-2023) ($MN)
25 Global Automated Fare Collection (AFC) Market Outlook, By System (2014-2023) ($MN)
26 Global Automated Fare Collection (AFC) Market Outlook, By Fare gates (2014-2023) ($MN)
27 Global Automated Fare Collection (AFC) Market Outlook, By Ticket vending machine (2014-2023) ($MN)
28 Global Automated Fare Collection (AFC) Market Outlook, By IC cards (2014-2023) ($MN)
29 Global Automated Fare Collection (AFC) Market Outlook, By Ticket office machine (2014-2023) ($MN)
30 Global Automated Fare Collection (AFC) Market Outlook, By Technology (2014-2023) ($MN)
31 Global Automated Fare Collection (AFC) Market Outlook, By Near-Field Communication (NFC) (2014-2023) ($MN)
32 Global Automated Fare Collection (AFC) Market Outlook, By Smart Card (2014-2023) ($MN)
33 Global Automated Fare Collection (AFC) Market Outlook, By Optical character recognition (OCR) (2014-2023) ($MN)
34 Global Automated Fare Collection (AFC) Market Outlook, By Other Technologies (2014-2023) ($MN)
35 Global Automated Fare Collection (AFC) Market Outlook, By Magnetic Stripes (2014-2023) ($MN)
36 Global Automated Fare Collection (AFC) Market Outlook, By Bar coding (2014-2023) ($MN)
37 Global Automated Fare Collection (AFC) Market Outlook, By Component (2014-2023) ($MN)
38 Global Automated Fare Collection (AFC) Market Outlook, By Software (2014-2023) ($MN)
39 Global Automated Fare Collection (AFC) Market Outlook, By Hardware (2014-2023) ($MN)


Note: Tables for North America, Europe, APAC, South America and Middle East & Africa Regions are also represented in the same manner as above.

1. What do I do if I have a query on this report?
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: [email protected] or phone: +1-301-202-5929
2. Is the sample available for this report? Can I request the sample with my specific requirements?
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
3. Format of the report?
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: [email protected] or phone: +1-301-202-5929
4. Services prior to purchase and after purchase?
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at [email protected] or call us on +1-301-202-5929.
5. License Type and Delivery?
We have 3 different licensing options available in electronic format.
  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment
6. Purchase procedure and Invoicing?
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards
7. Post sale support?
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at [email protected] or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Single User License (PDF)

 

2 - 5 User License (PDF)

 

Site License (PDF)

 

Corporate License (PDF)

 

Have a Question?


Know our Methodology

WHY CHOOSE US ?

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Adding more values to your product of interest.

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials