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Automated Fare Collection (AFC) Market Analysis By Technology (Smart Cards, Magnetic Strip, NFC, OCR), By Component (Hardware, Software), By System (TVM, TOM, Fare Gates, IC Cards) And Segment Forecasts Till 2022

Automated Fare Collection (AFC) Market Analysis By Technology (Smart Cards, Magnetic Strip, NFC, OCR), By Component (Hardware, Software), By System (TVM, TOM, Fare Gates, IC Cards) And Segment Forecasts Till 2022

The automated fare collection market is expected to reach USD 8.51 billion by 2022 according to a new report by Grand View Research, Inc. Automated fare collection systems are the collective components, which enable the automated ticketing system for public transportation network. They provide a stable and integrated platform for all the activities concerned with the fare collection with equipment like automatic gate machine, ticket vending machine, and ticket checking machine. Automated fare collection systems are used in a number of high transit areas including government buildings, large commercial workplaces, and public transport ports. The growing demand for efficient, automated, and hassle-free transportation is fueling the need for automated Fare collection systems.

The passenger traffic is growing by leaps and bounds worldwide due to ever-rising population, which in turn is pressurizing the government to initiate and implement new and innovative ways to manage the public transportation services. This is expected to provide for a thriving market for automated fare collection in several countries as the government is investing increasingly in the infrastructure development. The need for automated, easy-to-use and compact systems for everyday use is also driving the automated fare collection market. With recent technological advancements, fare collection has become wireless and multifunctional.

There is a growing demand for the automated fare collection systems owing to the developments in the metro infrastructures and increasing government investments from developing economies of the Asia Pacific region. The ability of these systems to deliver better management, revenue generation, fraud prevention, and better future planning are impelling the automated fare collection system markets.

The increasing use of wireless connections, smartphone users, smart cards, contactless technology, and electronic payment is expected to append the growth of the market. The growing adoption of smart technologies and strategic alliances of transportation agencies with technology providers to establish such services is further helping the market to grow.

Further key findings from the report suggest:

The government initiatives and investment in the development of public infrastructure are increasing at a rapid rate with many countries opting for complete automation of their services and processes. This is creating a large demand for automated fare collection systems as they supplement the development of smart cities and efficient transportation systems.

With the large-scale adoption of smart phones, smart cards, cashless transaction, and new connectionless technology, there is a steady drift towards completely automated processes like revenue generation, traffic management tolling, and fine implementation. This will further propel the automated fare collection market in the developing economies.

The global market is highly competitive. The major industry participants include Cubic Systems, Omron Corporation, Thales Group, Advance Cards Systems, Atos SE, Fare Logistics, LG Corporation, NXP Semiconductor, and Samsung SDS.


Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 Automated Fare Collection (AFC) - Industry snapshot and key buying criteria, 2014 - 2022
Chapter 3 AFC Industry Outlook
3.1 Market segmentation
3.2 Network technology overview
3.3 Market size and growth prospects
3.4 AFC value chain analysis
3.5 AFC architecture
3.6 AFC market dynamics
3.7 Ticketing technology evolution
3.7.1 Market driver analysis
3.7.1.1 Increasing transport infrastructure developments and investments
3.7.1.2 Rising government initiatives
3.7.1.3 Increasing smartphone demand
3.7.2 Market restraint analysis
3.7.2.1 Funding shortages and delay
3.8 Key opportunities - Prioritized
3.9 Industry analysis - Porter’s Analysis
3.10 AFC competitor analysis, 2014
3.11 AFC PESTEL Analysis
Chapter 4 Automated Fare Collection (AFC) Technology Outlook
4.1 AFC market share by technology, 2015 & 2022
4.2 Smart Card
4.2.1 Global smart card demand by region, 2012 - 2022
4.3 Magnetic Strip
4.3.1 Global magnetic strip demand by region, 2012 - 2022
4.4 NFC
4.4.1 Global NFC demand by region, 2012 - 2022
4.5 OCR
4.5.1 Global OCR demand by region, 2012 - 2022
Chapter 5 Automated Fare Collection (AFC) Component Outlook
5.1 AFC market share by component, 2015 & 2022
5.2 Hardware
5.2.1 Global AFC hardware market by region, 2012 - 2022
5.3 Software
5.3.1 Global AFC software market by region, 2012 - 2022
Chapter 6 Automated Fare Collection (AFC) System Outlook
6.1 AFC market share by system, 2015 & 2022
6.2 Ticket vending machine
6.2.1 Global AFC ticket vending machine market by region, 2012 - 2022
6.2.2 North America AFC ticket vending machine market by country, 2012 - 2022
6.2.3 Europe AFC ticket vending machine market by country, 2012 - 2022
6.2.4 Asia Pacific AFC ticket vending machine market by country, 2012 - 2022
6.2.5 Latin America AFC ticket vending machine market by country, 2012 - 2022
6.2.6 MEA AFC ticket vending machine market by country, 2012 - 2022
6.2.7 Global AFC ticket vending machine market by country, 2012 - 2022
6.3 Ticket office machine
6.3.1 Global AFC ticket office machine market by region, 2012 - 2022
6.3.2 North America AFC ticket office machine market by country, 2012 - 2022
6.3.3 Europe AFC ticket office machine market by country, 2012 - 2022
6.3.4 Asia Pacific AFC ticket office machine market by country, 2012 - 2022
6.3.5 Latin America AFC ticket office machine market by country, 2012 - 2022
6.3.6 MEA AFC ticket office machine market by country, 2012 - 2022
6.3.7 Global AFC ticket office machine market by country, 2012 - 2022
6.4 Fare gates
6.4.1 Global AFC fare gates market by region, 2012 - 2022
6.4.2 North America AFC fare gates market by country, 2012 - 2022
6.4.3 Europe AFC fare gates market by country, 2012 - 2022
6.4.4 Asia Pacific AFC fare gates market by country, 2012 - 2022
6.4.5 Latin America AFC fare gates market by country, 2012 - 2022
6.4.6 MEA AFC fare gates market by country, 2012 - 2022
6.4.7 Global AFC fare gates market by country, 2012 - 2022
6.5 IC cards
6.5.1 Global AFC IC cards market by region, 2012 - 2022
6.5.2 North America AFC IC cards market by country, 2012 - 2022
6.5.3 Europe AFC IC cards market by country, 2012 - 2022
6.5.4 Asia Pacific AFC IC cards market by country, 2012 - 2022
6.5.5 Latin America AFC IC cards market by country, 2012 - 2022
6.5.6 MEA AFC IC cards market by country, 2012 - 2022
6.5.7 Global AFC IC cards market by country, 2012 - 2022
Chapter 7 Automated Fare Collection (AFC) System Component Outlook
7.1 AFC market share by component, 2015 & 2022
7.2 Ticket vending machine by component
7.3 Ticket office machine by component
7.4 Fare gates by component
7.5 IC cards by component
Chapter 8 Automated Fare Collection (AFC) System Regional Outlook
8.1 AFC market share by region, 2015 & 2022
8.2 North America
8.2.1 North America market by technology, 2012 - 2022
8.2.2 North America market by component, 2012 - 2022
8.2.3 U.S.
8.2.3.1 U.S. market by technology, 2012 - 2022
8.2.3.2 U.S. market by component, 2012 - 2022
8.2.4 Canada
8.2.4.1 Canada market by technology, 2012 - 2022
8.2.4.2 Canada market by component, 2012 - 2022
8.3 Europe
8.3.1 Europe market by technology, 2012 - 2022
8.3.2 Europe market by component, 2012 - 2022
8.3.3 Germany
8.3.3.1 Germany market by technology, 2012 - 2022
8.3.3.2 Germany market by component, 2012 - 2022
8.3.4 UK
8.3.4.1 UK market by technology, 2012 - 2022
8.3.4.2 UK market by component, 2012 - 2022
8.4 Asia Pacific
8.4.1 Asia Pacific market by technology, 2012 - 2022
8.4.2 Asia Pacific market by component, 2012 - 2022
8.4.3 China
8.4.3.1 China market by technology, 2012 - 2022
8.4.3.2 China market by component, 2012 - 2022
8.4.4 India
8.4.4.1 India market by technology, 2012 - 2022
8.4.4.2 India market by component, 2012 - 2022
8.4.5 Japan
8.4.5.1 Japan market by technology, 2012 - 2022
8.4.5.2 Japan market by component, 2012 - 2022
8.5 Latin America
8.5.1 Latin America market by technology, 2012 - 2022
8.5.2 Latin America market by component, 2012 - 2022
8.5.3 Brazil
8.5.3.1 Brazil market by technology, 2012 - 2022
8.5.3.2 Brazil market by component, 2012 - 2022
8.5.4 Mexico
8.5.4.1 Mexico market by technology, 2012 - 2022
8.5.4.2 Mexico market by component, 2012 - 2022
8.6 MEA
8.6.1 MEA market by technology, 2012 - 2022
8.6.2 MEA market by component, 2012 - 2022
8.6.3 Saudi Arabia
8.6.3.1 Saudi Arabia market by technology, 2012 - 2022
8.6.3.2 Saudi Arabia market by component, 2012 - 2022
8.6.4 UAE
8.6.4.1 UAE market by technology, 2012 - 2022
8.6.4.2 UAE market by component, 2012 - 2022
Chapter 9 Competitive Landscape
9.1 Advanced Card Systems Ltd.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 Atos SE
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.2.4 Strategic Initiatives
9.3 Cubic Transportation Systems
9.3.1 Company Overview
9.3.2 Financial Performance
9.3.3 Product Benchmarking
9.3.4 Strategic Initiatives
9.4 Indra Sistemas SA
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 LG Corporation
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
9.5.4 Strategic Initiatives
9.6 Nippon Signal
9.6.1 Company Overview
9.6.2 Financial Performance
9.6.3 Product Benchmarking
9.6.4 Strategic Initiatives
9.7 NXP Semiconductors N.V.
9.7.1 Company Overview
9.7.2 Financial Performance
9.7.3 Product Benchmarking
9.7.4 Strategic Initiatives
9.8 Omron Corporation
9.8.1 Company Overview
9.8.2 Financial Performance
9.8.3 Product Benchmarking
9.8.4 Strategic Initiatives
9.9 Samsung SDS Co. Ltd.
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 Scheidt & Bachmann GmbH
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Product Benchmarking
9.10.4 Strategic Initiatives
9.11 Siemens AG
9.11.1 Company Overview
9.11.2 Financial Performance
9.11.3 Product Benchmarking
9.11.4 Strategic Initiatives
9.12 Sony Corporation
9.12.1 Company Overview
9.12.2 Financial Performance
9.12.3 Product Benchmarking
9.12.4 Strategic Initiatives
9.13 Singapore Technologies Electronics Limited (ST Electronics)
9.13.1 Company Overview
9.13.2 Financial Performance
9.13.3 Product Benchmarking
9.13.4 Strategic Initiatives
9.14 Thales Group
9.14.1 Company Overview
9.14.2 Financial Performance
9.14.3 Product Benchmarking
9.14.4 Strategic Initiatives
9.15 Trapeze Group
9.15.1 Company Overview
9.15.2 Financial Performance
9.15.3 Product Benchmarking
9.15.4 Strategic Initiatives
9.16 Vix Technology
9.16.1 Company Overview
9.16.2 Financial Performance
9.16.3 Product Benchmarking
9.16.4 Strategic Initiatives
9.17 Xerox Corporation
9.17.1 Company Overview
9.17.2 Financial Performance
9.17.3 Product Benchmarking
9.17.4 Strategic Initiatives
List of Tables
TABLE 1 Automated Fare Collection (AFC) - Industry snapshot and key buying criteria, 2014 - 2022
TABLE 2 Global Automated Fare Collection (AFC) market (USD Million) 2014 - 2022
TABLE 3 Global Automated Fare Collection (AFC) market by region 2014 - 2022 (USD Million)
TABLE 4 Global Automated Fare Collection (AFC) market by technology, 2014 - 2022 (USD Million)
TABLE 5 Global Automated Fare Collection (AFC) market by component, 2014 - 2022 (USD Million)
TABLE 6 Global Automated Fare Collection (AFC) market by system, 2014 - 2022 (USD Million)
TABLE 7 List of key metro projects in India
TABLE 8 List of key transport authorities
TABLE 9 Comparison of ticketing solutions
TABLE 10 Automated fare collection- Key market driver impact
TABLE 11 Transport infrastructure investment by country
TABLE 12 List of the key government initiatives
TABLE 13 Automated fare collection- Key market restraint impact
TABLE 14 List of key transport authorities
TABLE 15 Smart card demand, 2014 - 2022
TABLE 16 Global smart card by region 2014 - 2022 (USD Million)
TABLE 17 Magnetic Strip, 2014 - 2022
TABLE 18 Global magnetic strip demand by region 2014 - 2022 (USD Million)
TABLE 19 NFC demand, 2014 - 2022
TABLE 20 Global NFC demand by region 2014 - 2022 (USD Million)
TABLE 21 OCR demand, 2014 - 2022
TABLE 22 Global OCR demand by region 2014 - 2022 (USD Million)
TABLE 23 AFC hardware demand, 2014 - 2022
TABLE 24 Global AFC hardware demand by region 2014 - 2022 (USD Million)
TABLE 25 AFC software demand, 2014 - 2022
TABLE 26 Global AFC software demand by region 2014 - 2022 (USD Million)
TABLE 27 AFC ticket vending machine demand, 2014 - 2022
TABLE 28 Global AFC ticket vending machine demand by region 2014 - 2022 (USD Million)
TABLE 29 North America AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 30 Europe AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 31 Asia Pacific AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 32 Latin America AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 33 MEA AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 34 Global AFC ticket vending machine market by country 2014 - 2022 (USD Million)
TABLE 35 AFC ticket office machine demand, 2014 - 2022
TABLE 36 Global AFC ticket office machine demand by region 2014 - 2022 (USD Million)
TABLE 37 North America AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 38 Europe AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 39 Asia Pacific AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 40 Latin America AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 41 MEA AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 42 Global AFC ticket office machine market by country 2014 - 2022 (USD Million)
TABLE 43 AFC fare gates demand, 2014 - 2022
TABLE 44 Global AFC fare gates demand by region 2014 - 2022 (USD Million)
TABLE 45 North America AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 46 Europe AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 47 Asia Pacific AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 48 Latin America AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 49 MEA AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 50 Global AFC fare gates market by country 2014 - 2022 (USD Million)
TABLE 51 AFC IC cards demand, 2014 - 2022
TABLE 52 Global AFC IC cards demand by region 2014 - 2022 (USD Million)
TABLE 53 North America AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 54 Europe AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 55 Asia Pacific AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 56 Latin America AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 57 MEA AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 58 Global AFC IC cards market by country 2014 - 2022 (USD Million)
TABLE 59 Ticket vending machine by component demand, 2014 - 2022
TABLE 60 Ticket office machine by component demand, 2014 - 2022
TABLE 61 Fare gates by component demand, 2014 - 2022
TABLE 62 IC cards by component demand, 2014 - 2022
TABLE 63 North America market by technology 2014 - 2022 (USD Million)
TABLE 64 North America market by component 2014 - 2022 (USD Million)
TABLE 65 U.S. market by technology 2014 - 2022 (USD Million)
TABLE 66 U.S. market by component 2014 - 2022 (USD Million)
TABLE 67 Canada market by technology 2014 - 2022 (USD Million)
TABLE 68 Canada market by component 2014 - 2022 (USD Million)
TABLE 69 Europe market by technology 2014 - 2022 (USD Million)
TABLE 70 Europe market by component 2014 - 2022 (USD Million)
TABLE 71 Germany market by technology 2014 - 2022 (USD Million)
TABLE 72 Germany market by component 2014 - 2022 (USD Million)
TABLE 73 UK market by technology 2014 - 2022 (USD Million)
TABLE 74 UK market by component 2014 - 2022 (USD Million)
TABLE 75 Asia Pacific market by technology 2014 - 2022 (USD Million)
TABLE 76 Asia Pacific market by component 2014 - 2022 (USD Million)
TABLE 77 China market by technology 2014 - 2022 (USD Million)
TABLE 78 China market by component 2014 - 2022 (USD Million)
TABLE 79 India market by technology 2014 - 2022 (USD Million)
TABLE 80 India market by component 2014 - 2022 (USD Million)
TABLE 81 Japan market by technology 2014 - 2022 (USD Million)
TABLE 82 Japan market by component 2014 - 2022 (USD Million)
TABLE 83 Latin America market by technology 2014 - 2022 (USD Million)
TABLE 84 Latin America market by component 2014 - 2022 (USD Million)
TABLE 85 Brazil market by technology 2014 - 2022 (USD Million)
TABLE 86 Brazil market by component 2014 - 2022 (USD Million)
TABLE 87 Mexico market by technology 2014 - 2022 (USD Million)
TABLE 88 Mexico market by component 2014 - 2022 (USD Million)
TABLE 89 MEA market by technology 2014 - 2022 (USD Million)
TABLE 90 MEA market by component 2014 - 2022 (USD Million)
TABLE 91 Saudi Arabia by technology 2014 - 2022 (USD Million)
TABLE 92 Saudi Arabia market by component 2014 - 2022 (USD Million)
TABLE 93 UAE by technology 2014 - 2022 (USD Million)
TABLE 94 UAE market by component 2014 - 2022 (USD Million)
List of Figures
FIG. 1 AFC market segmentation
FIG. 2 Network technology overview
FIG. 3 Global AFC Market, By Region 2014 - 2022 (USD Million)
FIG. 4 AFC value chain analysis
FIG. 5 AFC architecture
FIG. 6 AFC market dynamics
FIG. 7 Ticketing technology evolution
FIG. 8 Global smartphones market, 2012 - 2020 (Volume & Revenue)
FIG. 9 Key opportunities - Prioritized
FIG. 10 AFC - Porter’s analysis
FIG. 11 AFC PESTEL analysis
FIG. 12 AFC market share by application, 2015 & 2022
FIG. 13 AFC market share by component, 2015 & 2022
FIG. 14 AFC market share by system, 2015 & 2022
FIG. 15 AFC market share by component, 2015 & 2022
FIG. 16 AFC market share by region, 2015 & 2022

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