General News

Smart Cards Automated Fare Collection Systems market 2018 Players, Size, CAGR, Applications, Types, Analysis, Trends, Forecast to 2023

Smart Cards Automated Fare Collection Systems

Report Name: 2018-2023 Global Smart Cards Automated Fare Collection Systems Consumption Market Report.

The Worldwide Smart Cards Automated Fare Collection Systems Market is a recently published research report that covers every aspect of Global Smart Cards Automated Fare Collection Systems Market 2018 along with in-detailed analysis of Smart Cards Automated Fare Collection Systems market growth elements, Smart Cards Automated Fare Collection Systems market trends, size, demand and Smart Cards Automated Fare Collection Systems market distribution. The Smart Cards Automated Fare Collection Systems report also evaluates the past and current Smart Cards Automated Fare Collection Systems market values to predict future market directions between the forecast period 2018 to 2023. This research report segments the Smart Cards Automated Fare Collection Systems industry according to Type, Application and regions.

Get a Sample Copy of this report

https://www.360researchreports.com/enquiry/request-sample/12842449

Summary of 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.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.
Over the next five years, projects that Smart Cards Automated Fare Collection Systems will register a 9.6% CAGR in terms of revenue, reach US$ 1510 million by 2023, from US$ 870 million in 2017.

Some of key competitors or manufacturers included in this report are:

Company 1, Company 2, Company 3

Smart Cards Automated Fare Collection Systems  market Production Breakdown Data by Top Regions:

  • United States (Canada, Mexico)
  • Europe (Germany, France, UK, Italy, Russia, Spain)
  • APAC (China, Japan, Korea, Australia)
  • Africa (Egypt, Israel, Turkey)

The study objectives of Smart Cards Automated Fare Collection Systems Market report are:

  • To study and analyze the global Smart Cards Automated Fare Collection Systems market consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2018, and forecast to 2023.
  • To understand the structure of Smart Cards Automated Fare Collection Systems market by identifying its various sub segments.
    Focuses on the key global Smart Cards Automated Fare Collection Systems market  manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyse the Smart Cards Automated Fare Collection Systems market with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Smart Cards Automated Fare Collection Systems submarkets, with respect to key regions (along with their respective key countries).
  • To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Purchase Full report of Smart Cards Automated Fare Collection Systems market @ https:// www.360researchreports.com/purchase/12842449 

By the product type, the Smart Cards Automated Fare Collection Systems market is primarily split into:

Farebox, Ticket Vending Machines (TVM), Validator

By the end users/application, Smart Cards Automated Fare Collection Systems market report covers the following segments:

Off-Board, On-Board

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Cards Automated Fare Collection Systems market by product type, application, key manufacturers and key regions and countries.

Table of Contents: 2018-2023 Global Smart Cards Automated Fare Collection Systems Market Consumption Market Report like,

  1. Scope of the Smart Cards Automated Fare Collection Systems Market Report:
  • Market Introduction
  • Research Objectives
  • Years Considered
  • Market Research Methodology
  • Economic Indicators
  • Currency Considered
  1. Executive Summary:
  • World Market Overview
  • Global Smart Cards Automated Fare Collection Systems Market Consumption 2013-2023
  • Smart Cards Automated Fare Collection Systems market Consumption CAGR by Region
  • Smart Cards Automated Fare Collection Systems market Consumption by Application
  • Global Smart Cards Automated Fare Collection Systems Value and Market Share by Application (2013-2018)
  • Others…
  1. Global Smart Cards Automated Fare Collection Systems by Players:
  • Global Smart Cards Automated Fare Collection Systems Market Sales by Players (2016-2018)
  • Global Smart Cards Automated Fare Collection Systems Market Sales Market Share by Players (2016-2018)
  • Global Smart Cards Automated Fare Collection Systems Revenue Market Share by Players (2016-2018)
  • Others…
  1. Market Drivers, Challenges and Trends:
  • Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Market Trends
  1. Marketing, Distributors and Customer:
  • Sales Channel
  • Direct Marketing
  • Indirect Marketing
  • Smart Cards Automated Fare Collection Systems Customer

 Continued…

******Enquire before full purchase order of this report, Click Here to Continue******

In the end, Smart Cards Automated Fare Collection Systems market report undertakes the new project, key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.

About 360 Research Reports:

360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.

Contact: –

360 Research Reports

Mr. Ajay More

USA : +1 424 253 0807

UK : +44 203 239 8187

[email protected]

https://www.360researchreports.com