The report on global automated fare collection (AFC) market is an in depth analysis of the
segments and sub-segments in the automated fare collection (AFC) market. The
report provides analysis for the global as well as regional markets over the
period of 2015 to 2023. According to report the global automated fare collection (AFC) market is expected to grow at a CAGR of 11.7% over the
forecast period of 2017 – 2023.
Figure 1: Global Automated Fare Collection (AFC) Market
by Value 2015 - 2023
The report on global automated fare collection (AFC) market covers segments such as component
and technology. The component segments include software and hardware. On the
basis of technology the global automated fare collection (AFC) market is
categorized into NFC, Magentic strip, OCR and Smart cards.
provides regional analysis covering geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. In this section the key trends and market
size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Automated Fare Collection (AFC) Market
by Region, CAGR %, 2017-2023
The countries covered in the North America region include the U.S.,
Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South
Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and
Rest of Europe are included in the European region. The U.S. drives the growth
in the North America region as it is the largest market in the region. The
Asia-pacific region offers a substantial potential for the market growth owing
to rapid growth in markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2017 - 2023.
provides profiles of the companies in the global automated fare collection (AFC) market such as,Atos, Fare Logistics, LG Corporation, NXP Semiconductors,
Vix Technology, Trapeze Group, Thales Group, Singapore Technologies Electronics
Limited, Sony Corporation, and Siemens.
provides deep insights on demand forecasts, market trends and micro and macro
indicators. In addition, this report provides insights on the factors that are
driving and restraining the global automated fare collection (AFC) market.
Moreover, IGR-Growth Matrix analysis given in the report brings an insight on
the investment areas that existing or new market players can consider.
provides insights into the market using analytical tools such as Porter’s five
forces analysis and DRO analysis of automated fare collection (AFC) market.
Moreover, the study highlights current market trends and provides forecast from
2017 to 2023. We also have highlighted future trends in the global automated fare collection (AFC) market that will impact the demand during the forecast period. Moreover, the competitive analysis given in
each regional market brings an insight on the market share of the leading
players. Additionally, the analysis highlights rise and fall in the market
shares of the key players in the market.
This report will
help manufacturers, suppliers and distributors of the Automated Fare Collection
(AFC) market to understand the present and future trends in this market and
formulate their strategies accordingly.