Market Research Logo

Automated Fare Collection (AFC) market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Automated Fare Collection (AFC) market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The report on Global Automated Fare Collection (AFC) market provides qualitative and quantitative analysis for the period of 2015 to 2023. The report predicts the Global Automated Fare Collection (AFC) market to grow with a CAGR of 11.7% over the period of 2017-2023. The study on Automated Fare Collection (AFC) market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2015 to 2023.

The report on Automated Fare Collection (AFC) market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the Global Automated Fare Collection (AFC) market over the period of 2015 to 2023. Moreover, the report is collective presentation of primary and secondary research findings.

Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the Global Automated Fare Collection (AFC) market over the period of 2015 – 2023. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.


Research methodology
• Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

• Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include
• Company reports and publications
• Government/institutional publications
• Trade and associations’ journals
• Databases such as WTO, OECD, World Bank, and among others.
• Websites and publications by research agencies

Segments Covered
The Global Automated Fare Collection (AFC) market is segmented on the basis of Component and Technology

Global Automated Fare Collection (AFC) market by Component
• Software
• Hardware

Global Automated Fare Collection (AFC) market by Technology
• NFC
• Magentic strip
• OCR
• Smart cards

Global Automated Fare Collection (AFC) market by Regions
• North America
• Europe
• Asia-Pacific
• RoW

Companies Profiled
• Atos
• Fare Logistics
• LG Corporation
• NXP Semiconductors
• Vix Technology
• Trapeze Group
• Thales Group
• Singapore Technologies Electronics Limited
• Sony Corporation
• Siemens


How this report delivers?
1. Comprehensive analysis of global as well as regional markets of Automated Fare Collection (AFC) market.
2. Complete coverage of all the segments in Automated Fare Collection (AFC) market to analyze the trends, developments in the Global market and forecast of market size up to 2023.
3. Comprehensive analysis of the companies operating in Global Automated Fare Collection (AFC) market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on Automated Fare Collection (AFC) market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the Global Automated Fare Collection (AFC) market over the period of 2015 to 2023. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1 Report Description
1.2 Research Methods
1.3 Research Approaches
2. Executive Summary
3. Global Automated Fare Collection (AFC) market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.2.4 Challenges
3.3 Porter’s Five Forces Analysis
3.4 IGR – Growth Matrix Analysis
3.5 Competitive Landscape in the Global Automated Fare Collection (AFC) market
4. Global Automated Fare Collection (AFC) market by Component 2017 - 2023
4.1 Software
4.2 Hardware
5. Global Automated Fare Collection (AFC) market by Technology 2017 - 2023
5.1 NFC
5.2 Magentic strip
5.3 OCR
5.4 Smart cards
6. Global Automated Fare Collection (AFC) market by Regions 2017 - 2023
6.1 North America
6.1.1 North America Automated Fare Collection (AFC) market by By Component
6.1.2 North America Automated Fare Collection (AFC) market by By Technology
6.1.3 North America Automated Fare Collection (AFC) market by Country
6.2 Europe
6.2.1 Europe Automated Fare Collection (AFC) market by By Component
6.2.2 Europe Automated Fare Collection (AFC) market by By Technology
6.2.3 Europe Automated Fare Collection (AFC) market by Country
6.3 Asia-Pacific
6.3.1 Asia-Pacific Automated Fare Collection (AFC) market by By Component
6.3.2 Asia-Pacific Automated Fare Collection (AFC) market by By Technology
6.3.3 Asia-Pacific Automated Fare Collection (AFC) market by Country
6.4 RoW
6.4.1 RoW Automated Fare Collection (AFC) market by By Component
6.4.2 RoW Automated Fare Collection (AFC) market by By Technology
6.4.3 RoW Automated Fare Collection (AFC) market by Sub-region
7. Companies Covered
7.1 Atos
7.2 Fare Logistics
7.3 LG Corporation
7.4 NXP Semiconductors
7.5 Vix Technology
7.6 Trapeze Group
7.7 Thales Group
7.8 Singapore Technologies Electronics Limited
7.9 Sony Corporation
7.10 Siemens

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report