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Automated Passenger Counting System - Global Market Outlook (2018-2027)

Automated Passenger Counting System - Global Market Outlook (2018-2027)

4.2 (95 reviews)
Published: January 2020 ID: SMRC18771
4.2 (95 reviews)
Published: January 2020 ID: SMRC18771

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automated Passenger Counting System Market is accounted for $148.80 million in 2018 and is expected to reach $745.03 million by 2027 growing at a CAGR of 20%. Demand in adoption of advanced solutions in the transport sector and benefits offered by the market to transit operators in optimizing operational cost is likely to boost the growth of the market. However, Lack of awareness of the benefits offered by passenger counting systems in some countries is likely to hamper the profit boundaries.

Automated Passenger Counting System is a hardware and mobile-based application system. This research involved the design and implementation of automated passenger counting which provides a solution to remove syndicate and corruption in the transportation sector. It counts how many passengers are sitting on the seat and shows on the display screen in real time monitor and the authority can see the total number of passengers. No paper receipt is needed to ride on the bus. It enables transport authority to obtain accurate bus fare from bus drivers and helpers remotely instead manually counting where corruption happens. This system is made with Arduino Uno, Bluetooth HC-05 module, pressure pad, potentiometer, data collection software module. The proposed passenger counting system would be beneficial for both bus owners and government

Based on the application, Roadways is expected to lead the passenger information system market during the forecast period. Passenger information systems used for roadways include passenger information display systems, mobile application-based systems, infotainment systems, and passenger information announcement systems. Passenger information systems are installed at bus stations, bus shelters, bus stands, and roadsides to convey real-time information to passengers.

By geography, APAC is expected to grow at the highest rate during the forecast period. The healthy economic growth and the increasing urbanization for the growth of the automated passenger counting and information systems market in APAC, The APAC region comprises highly populated and rapidly developing countries such as China, India, and others. The transportation sector in these countries is developing at a significant rate to match the economic and cultural standards of developed countries, which is one of the drivers for the passenger information system market in the region.

Some of the key players in the Automated Passenger Counting System market include Trapeze Group, Syncromatics Corp, Start-Up Ecosystem, Siemens AG, Retail Sensing Ltd, IRIS-GmbH, Innovation in Traffic Systems AG, Infodev Electronic Designers International Inc, Huawei Technology Co Ltd, Hitachi Ltd, Hella Aglaia Mobile Vision GmbH, Eurotech S P A, Dilax Intelcom GmbH, Clever Devices Ltd and Cisco Systems Inc.

Types Covered:
• Passenger Information Mobile Application
• Passenger Information Display Systems
• Passenger Information Announcement Systems
• Infotainment Systems
• Emergency Communication Systems
• Other Types

Devices and Components Covered:
• Sensors
• Public Announcement Systems
• Networking and Communication Devices
• Multimedia Display
• Other Devices

Production Analysis Covered:
• Technology Cost Analysis
• Raw Material Cost Analysis
• Labor Cost Analysis
• Other Analysis

Technologies Covered:
• Time-Of-Flight
• Stereoscopic Vision
• Infrared
• Other Technologies 

Applications Covered:
• Roadways
• Railways
• Ferry Boats
• Airways
• Buses
• Other Applications
     
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea      
o Rest of Asia Pacific      
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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