Smart Cards Automated Fare Collection Systems Market Analysis Report by Size, Price, CAGR, Revenue, Demand Ratio and Gross Margin Forecast to 2024

Smart Cards Automated Fare Collection Systems Market” size report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Smart Cards Automated Fare Collection Systems market analysis is providing international market research including growth history, competitive background analysis, and major regions’ development status. Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions.

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Smart Cards Automated Fare Collection Systems report studied the current Smart Cards Automated Fare Collection Systems market share on segment basis (by application, by product and by region), so as to provide an insight on the current market scenario as well as forecasts of the segments till 2024. Smart Cards Automated Fare Collection Systems report delivers a comprehensive analysis of all the key segments, considering the major developments taking place at an international level in the particular segments that will further boost the growth of Smart Cards Automated Fare Collection Systems market trends.

About Smart Cards Automated Fare Collection Systems Market: 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 SystemCentral 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 SystemThe 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 EquipmentThese 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 CardsSmart 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.

Scope of Smart Cards Automated Fare Collection Systems Market Growth:

  • Of the major players of Smart Cards Automated Fare Collection Systems, Cubic Corporation maintained its first place in the ranking in 2017. Cubic Corporation accounted for 21.39% of the Global Smart Cards Automated Fare Collection Systems revenue market share in 2017. Other players accounted for 13.00 % and 12.41 %, including The Nippon Signal and Omron Corporation.
  • On the basis of product type, the Validator segment is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 83.74 % revenue share in 2017.
  • In the applications, the Off-Board segment was estimated to account for the highest revenue share of 93.51% in 2017 and is expected to gain significant market share by the end of 2025.
  • The worldwide market for Smart Cards Automated Fare Collection Systems is expected to grow at a CAGR of roughly 9.6% over the next five years, will reach 1510 million USD in 2024, from 870 million USD in 2019, according to a new research study.
  • This report focuses on the Smart Cards Automated Fare Collection Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers:

  • 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

Market Segmentation Analysis:

Market by Types:

  • Farebox
  • Ticket Vending Machines (TVM)
  • Validator

Market by Application:

  • Off-Board
  • On-Board

Key questions answered in the Market report:

  • What will the market growth rate of Smart Cards Automated Fare Collection Systems industry in 2024?
  • What are the key factors driving the global Smart Cards Automated Fare Collection Systems industry?
  • What are sales, revenue, and price analysis of top manufacturers?
  • Who are the distributors, traders and dealers of Smart Cards Automated Fare Collection Systems?
  • Who are the key vendors in Smart Cards Automated Fare Collection Systems Market space?
  • What are the market opportunities and threats faced by the vendors in the global Smart Cards Automated Fare Collection Systems industry?
  • What are sales, revenue, and price analysis by types, application and regions?
  • What are the market opportunities, market risk and market overview in Smart Cards Automated Fare Collection Systems Market forecast?

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Detailed TOC of Global Smart Cards Automated Fare Collection Systems Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024: Table of Contents

1 Market Overview

1.1 Smart Cards Automated Fare Collection Systems Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2014-2024)

1.4.1.2 Canada Market States and Outlook (2014-2024)

1.4.1.3 Mexico Market States and Outlook (2014-2024)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2014-2024)

1.4.2.2 France Market States and Outlook (2014-2024)

1.4.2.3 UK Market States and Outlook (2014-2024)

1.4.2.4 Russia Market States and Outlook (2014-2024)

1.4.2.5 Italy Market States and Outlook (2014-2024)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2014-2024)

1.4.3.2 Japan Market States and Outlook (2014-2024)

1.4.3.3 Korea Market States and Outlook (2014-2024)

1.4.3.4 India Market States and Outlook (2014-2024)

1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2014-2024)

1.4.4.2 Egypt Market States and Outlook (2014-2024)

1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)

1.4.4.4 South Africa Market States and Outlook (2014-2024)

1.4.4.5 Turkey Market States and Outlook (2014-2024)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

2.1 Manufacturer 1

2.1.1 Business Overview

2.1.2 Smart Cards Automated Fare Collection Systems Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)

2.2 Manufacturer 2

2.2.1 Business Overview

2.2.2 Smart Cards Automated Fare Collection Systems Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)

……

3 Global Smart Cards Automated Fare Collection Systems Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)

3.1 Global Smart Cards Automated Fare Collection Systems Sales and Market Share by Manufacturer (2017-2018)

3.2 Global Smart Cards Automated Fare Collection Systems Revenue and Market Share by Manufacturer (2017-2018)

4 Global Smart Cards Automated Fare Collection Systems Market Analysis by Regions

4.1 Global Smart Cards Automated Fare Collection Systems Sales, Revenue and Market Share by Regions

4.1.1 Global Smart Cards Automated Fare Collection Systems Sales and Market Share by Regions (2014-2019)

4.1.2 Global Smart Cards Automated Fare Collection Systems Revenue and Market Share by Regions (2014-2019)

……..

12 Smart Cards Automated Fare Collection Systems Market Forecast (2019-2024)

12.1 Global Smart Cards Automated Fare Collection Systems Sales, Revenue and Growth Rate (2019-2024)

12.2 Smart Cards Automated Fare Collection Systems Market Forecast by Regions (2019-2024)

12.3 Smart Cards Automated Fare Collection Systems Market Forecast by Type (2019-2024)

12.4 Smart Cards Automated Fare Collection Systems Market Forecast by Application (2019-2024)

…….

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