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Smart Cards Automated Fare Collection Systems-Global Market Insights and Sales Trends 2024

Smart Cards Automated Fare Collection Systems-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1823943

No of Pages : 111

Synopsis
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.

AFC System consists of Central Computer System, Station Computer System and Station Equipment.

Central Computer System
Central Computer System is the AFC management center which is responsible for generating reports, receiving ticketing data from station computer, sending control command, downloading system parameter and ticket price list to station computer.

Station Computer System
The primary role of the Station Computer is to provide the usage data collection, downloading of fare related parameters to the AFC equipment; control, monitoring and management of the AFC equipment. Its secondary role is to provide the station reports (if required) and support the sales office and customer service. It is able to function independently should there be a failure in the communication link with the central computer.

Station Equipment
These are all the front-end equipment/devices, which are used to serve the commuter. These consist of Ticket Vending Machines, Fare Gates, Booking Office Machines, Mobile and Hand-Held Terminals and Ticket Recharging Machines etc. Typically the requirement for each implementation may vary in terms of the quantity of the equipment/devices.

Smart Cards
Smart Cards generally support faster and more flexible fare collection systems. Contactless or Proximity Smart Cards permit faster processing times than magnetic stripe cards or contact smart cards. They also facilitate processing of differentiated fare structures such as time-based and distance-based fare structures and fare integration across several modes and operators. A hybrid or "dual-interface" smart card can expand the application of smart cards beyond transit.

This report focus on the Station Equipment (terminal equipment) of Smart Cards Automated Fare Collection System.
The global Smart Cards Automated Fare Collection Systems market size is expected to reach US$ 2241.7 million by 2029, growing at a CAGR of 8.8% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Cards Automated Fare Collection Systems in various end use industries. The expanding demands from the Off-Board and On-Board, are propelling Smart Cards Automated Fare Collection Systems market. Farebox, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ticket Vending Machines (TVM) segment is estimated at % CAGR for the next seven-year period.
Cubic Corporation, The Nippon Signal and Omron Corporation are the leading manufacturers of Smart Cards Automated Fare Collection Systems, with a combined market share of about 45%.
North America and Japan are the major markets, each accounting for about 30% of the market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Cards Automated Fare Collection Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Cards Automated Fare Collection Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Cards Automated Fare Collection Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Cards Automated Fare Collection Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Cards Automated Fare Collection Systems covered in this report include Cubic Corporation, The Nippon Signal, Omron Corporation, Scheidt & Bachmann, Thales Group, INIT, Huaming, Xerox and GFI Genfare, etc.
The global Smart Cards Automated Fare Collection Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
INIT
Huaming
Xerox
GFI Genfare
LECIP
Shanghai Potevio Company Limited
Gunnebo
GMV
Huahong Jitong
GRG Banking
Global Smart Cards Automated Fare Collection Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Cards Automated Fare Collection Systems market, Segment by Type:
Farebox
Ticket Vending Machines (TVM)
Validator
Global Smart Cards Automated Fare Collection Systems market, by Application
Off-Board
On-Board
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smart Cards Automated Fare Collection Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smart Cards Automated Fare Collection Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Smart Cards Automated Fare Collection Systems Market Overview
1.1 Smart Cards Automated Fare Collection Systems Product Overview
1.2 Smart Cards Automated Fare Collection Systems Market Segment by Type
1.2.1 Farebox
1.2.2 Ticket Vending Machines (TVM)
1.2.3 Validator
1.3 Global Smart Cards Automated Fare Collection Systems Market Size by Type
1.3.1 Global Smart Cards Automated Fare Collection Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Smart Cards Automated Fare Collection Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Smart Cards Automated Fare Collection Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Smart Cards Automated Fare Collection Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Smart Cards Automated Fare Collection Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Smart Cards Automated Fare Collection Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales Breakdown by Type (2018-2023)
2 Global Smart Cards Automated Fare Collection Systems Market Competition by Company
2.1 Global Top Players by Smart Cards Automated Fare Collection Systems Sales (2018-2023)
2.2 Global Top Players by Smart Cards Automated Fare Collection Systems Revenue (2018-2023)
2.3 Global Top Players by Smart Cards Automated Fare Collection Systems Price (2018-2023)
2.4 Global Top Manufacturers Smart Cards Automated Fare Collection Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Smart Cards Automated Fare Collection Systems Market Competitive Situation and Trends
2.5.1 Smart Cards Automated Fare Collection Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Smart Cards Automated Fare Collection Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Cards Automated Fare Collection Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Smart Cards Automated Fare Collection Systems Market
2.8 Key Manufacturers Smart Cards Automated Fare Collection Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Smart Cards Automated Fare Collection Systems Status and Outlook by Region
3.1 Global Smart Cards Automated Fare Collection Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Smart Cards Automated Fare Collection Systems Historic Market Size by Region
3.2.1 Global Smart Cards Automated Fare Collection Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Smart Cards Automated Fare Collection Systems Sales in Value by Region (2018-2023)
3.2.3 Global Smart Cards Automated Fare Collection Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Smart Cards Automated Fare Collection Systems Forecasted Market Size by Region
3.3.1 Global Smart Cards Automated Fare Collection Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Smart Cards Automated Fare Collection Systems Sales in Value by Region (2024-2029)
3.3.3 Global Smart Cards Automated Fare Collection Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Smart Cards Automated Fare Collection Systems by Application
4.1 Smart Cards Automated Fare Collection Systems Market Segment by Application
4.1.1 Off-Board
4.1.2 On-Board
4.2 Global Smart Cards Automated Fare Collection Systems Market Size by Application
4.2.1 Global Smart Cards Automated Fare Collection Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Smart Cards Automated Fare Collection Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Smart Cards Automated Fare Collection Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Smart Cards Automated Fare Collection Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Smart Cards Automated Fare Collection Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Smart Cards Automated Fare Collection Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales Breakdown by Application (2018-2023)
5 North America Smart Cards Automated Fare Collection Systems by Country
5.1 North America Smart Cards Automated Fare Collection Systems Historic Market Size by Country
5.1.1 North America Smart Cards Automated Fare Collection Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Smart Cards Automated Fare Collection Systems Sales in Value by Country (2018-2023)
5.2 North America Smart Cards Automated Fare Collection Systems Forecasted Market Size by Country
5.2.1 North America Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Smart Cards Automated Fare Collection Systems Sales in Value by Country (2024-2029)
6 Europe Smart Cards Automated Fare Collection Systems by Country
6.1 Europe Smart Cards Automated Fare Collection Systems Historic Market Size by Country
6.1.1 Europe Smart Cards Automated Fare Collection Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Smart Cards Automated Fare Collection Systems Sales in Value by Country (2018-2023)
6.2 Europe Smart Cards Automated Fare Collection Systems Forecasted Market Size by Country
6.2.1 Europe Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Smart Cards Automated Fare Collection Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Smart Cards Automated Fare Collection Systems by Region
7.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Historic Market Size by Region
7.1.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales in Value by Region (2024-2029)
8 Latin America Smart Cards Automated Fare Collection Systems by Country
8.1 Latin America Smart Cards Automated Fare Collection Systems Historic Market Size by Country
8.1.1 Latin America Smart Cards Automated Fare Collection Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Smart Cards Automated Fare Collection Systems Sales in Value by Country (2018-2023)
8.2 Latin America Smart Cards Automated Fare Collection Systems Forecasted Market Size by Country
8.2.1 Latin America Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Smart Cards Automated Fare Collection Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Smart Cards Automated Fare Collection Systems by Country
9.1 Middle East and Africa Smart Cards Automated Fare Collection Systems Historic Market Size by Country
9.1.1 Middle East and Africa Smart Cards Automated Fare Collection Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Smart Cards Automated Fare Collection Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Smart Cards Automated Fare Collection Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cubic Corporation
10.1.1 Cubic Corporation Company Information
10.1.2 Cubic Corporation Introduction and Business Overview
10.1.3 Cubic Corporation Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cubic Corporation Smart Cards Automated Fare Collection Systems Products Offered
10.1.5 Cubic Corporation Recent Development
10.2 The Nippon Signal
10.2.1 The Nippon Signal Company Information
10.2.2 The Nippon Signal Introduction and Business Overview
10.2.3 The Nippon Signal Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 The Nippon Signal Smart Cards Automated Fare Collection Systems Products Offered
10.2.5 The Nippon Signal Recent Development
10.3 Omron Corporation
10.3.1 Omron Corporation Company Information
10.3.2 Omron Corporation Introduction and Business Overview
10.3.3 Omron Corporation Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Omron Corporation Smart Cards Automated Fare Collection Systems Products Offered
10.3.5 Omron Corporation Recent Development
10.4 Scheidt & Bachmann
10.4.1 Scheidt & Bachmann Company Information
10.4.2 Scheidt & Bachmann Introduction and Business Overview
10.4.3 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Products Offered
10.4.5 Scheidt & Bachmann Recent Development
10.5 Thales Group
10.5.1 Thales Group Company Information
10.5.2 Thales Group Introduction and Business Overview
10.5.3 Thales Group Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Thales Group Smart Cards Automated Fare Collection Systems Products Offered
10.5.5 Thales Group Recent Development
10.6 INIT
10.6.1 INIT Company Information
10.6.2 INIT Introduction and Business Overview
10.6.3 INIT Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 INIT Smart Cards Automated Fare Collection Systems Products Offered
10.6.5 INIT Recent Development
10.7 Huaming
10.7.1 Huaming Company Information
10.7.2 Huaming Introduction and Business Overview
10.7.3 Huaming Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Huaming Smart Cards Automated Fare Collection Systems Products Offered
10.7.5 Huaming Recent Development
10.8 Xerox
10.8.1 Xerox Company Information
10.8.2 Xerox Introduction and Business Overview
10.8.3 Xerox Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Xerox Smart Cards Automated Fare Collection Systems Products Offered
10.8.5 Xerox Recent Development
10.9 GFI Genfare
10.9.1 GFI Genfare Company Information
10.9.2 GFI Genfare Introduction and Business Overview
10.9.3 GFI Genfare Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 GFI Genfare Smart Cards Automated Fare Collection Systems Products Offered
10.9.5 GFI Genfare Recent Development
10.10 LECIP
10.10.1 LECIP Company Information
10.10.2 LECIP Introduction and Business Overview
10.10.3 LECIP Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 LECIP Smart Cards Automated Fare Collection Systems Products Offered
10.10.5 LECIP Recent Development
10.11 Shanghai Potevio Company Limited
10.11.1 Shanghai Potevio Company Limited Company Information
10.11.2 Shanghai Potevio Company Limited Introduction and Business Overview
10.11.3 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Products Offered
10.11.5 Shanghai Potevio Company Limited Recent Development
10.12 Gunnebo
10.12.1 Gunnebo Company Information
10.12.2 Gunnebo Introduction and Business Overview
10.12.3 Gunnebo Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gunnebo Smart Cards Automated Fare Collection Systems Products Offered
10.12.5 Gunnebo Recent Development
10.13 GMV
10.13.1 GMV Company Information
10.13.2 GMV Introduction and Business Overview
10.13.3 GMV Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.13.4 GMV Smart Cards Automated Fare Collection Systems Products Offered
10.13.5 GMV Recent Development
10.14 Huahong Jitong
10.14.1 Huahong Jitong Company Information
10.14.2 Huahong Jitong Introduction and Business Overview
10.14.3 Huahong Jitong Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Huahong Jitong Smart Cards Automated Fare Collection Systems Products Offered
10.14.5 Huahong Jitong Recent Development
10.15 GRG Banking
10.15.1 GRG Banking Company Information
10.15.2 GRG Banking Introduction and Business Overview
10.15.3 GRG Banking Smart Cards Automated Fare Collection Systems Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GRG Banking Smart Cards Automated Fare Collection Systems Products Offered
10.15.5 GRG Banking Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Smart Cards Automated Fare Collection Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Smart Cards Automated Fare Collection Systems Industrial Chain Analysis
11.4 Smart Cards Automated Fare Collection Systems Market Dynamics
11.4.1 Smart Cards Automated Fare Collection Systems Industry Trends
11.4.2 Smart Cards Automated Fare Collection Systems Market Drivers
11.4.3 Smart Cards Automated Fare Collection Systems Market Challenges
11.4.4 Smart Cards Automated Fare Collection Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Smart Cards Automated Fare Collection Systems Distributors
12.3 Smart Cards Automated Fare Collection Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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