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Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021

Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021

The increase in investment emphasis on automated fare collection by various governments is the driving force of Automated Fare Collection (AFC) market”.
The market is estimated to grow from USD 6.42 billion in 2016 to USD 11.95 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 13.2%. AFC eliminates the need for carrying out operations manually. The security for transaction and other operations in AFC is higher than that achieved from traditional methods. Considering such factors, the governments of many countries are investing on various AFC projects.

“Magnetic stripes technology, will continue its dominance for the AFC market in the APAC region”
In the AFC market, a magnetic stripe card is capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The market size of magnetic stripes in APAC is expected to grow with highest CAGR during the forecast period. The card may also contain an RFID tag, a transponder device or a microchip mostly used for business premises access control or electronic payment. Magnetic stripe technology enables the automatic collection of fare.

“APAC is expected to grow at the highest CAGR in the AFC market”.
APAC is expected to grow and adopt new technologies and applications at a faster pace as compared to the rest of the world. APAC has been one of the fastest-growing regions in terms of the rapid adoption of recent technologies, including AFC applications and services. APAC is the most attractive region in the AFC market due to increased focus toward building efficient infrastructure for better communication facilities such as mono rail, metro rail, and high speed trains in APAC countries.

To determine the market size of various segments and subsegments of the AFC market, extensive secondary research is done. The collected data were then verified through primary interviews. Distribution of primary interviews is as follows:-
By Designation: - C-level -40%, Director level-30%, and others -30%
By Company Type: - Tier 1- 35%, Tier 2- 40%, and Tier 3 -25%
By Region: - North America- 40%, Europe- 25%, APAC- 20%, and Rest of World- 15%

Note: *Others include AFC managers, marketing managers, and product managers.
Note: Tier 1 companies have revenues more than USD 10 billion, Tier 2 companies range in between USD 1 and 10 billion or overall revenues, and Tier 3 companies range between USD 500 million and USD 1 billion of overall revenues.

To reduction revenue leakages in fare collection system, public-private partnerships is increasingly contributing to the increasing popularity of AFC.

AFC cannot be deployed by a single stakeholder; it requires a joint effort from entities in various domains, such as telecom operators, infrastructure providers, manufacturers, service providers, the public sector, and user groups. Thus, Public-Private Partnership (PPP) would be a key to the success of AFCs.

Companies profiled in the AFC market report are as follows:
Cubic Corporation
Indra
Thales Group
GMV
ST Electronics
ATOS
Longbow Technologies S/B
Samsung SDS
Genfare
Advanced Card Systems Holding Limited

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the AFC market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across regions.
2. The report will help stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help in understanding the competitors better and gain more insights to strengthen their position in the business. The competitive landscape section includes competitor ecosystem, mergers and acquisitions, partnerships, and new product developments.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE AND GROWTH, 2014-2021 (USD MILLION, YOY %)
    • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE AUTOMATED FARE COLLECTION MARKET
    • AUTOMATED FARE COLLECTION MARKET: TOP THREE INDUSTRIES AND REGIONS
    • GLOBAL AUTOMATED FARE COLLECTION MARKET INDUSTRY, BY REGION (2021)
    • GLOBAL AUTOMATED FARE COLLECTION MARKET, BY REGION
    • LIFE CYCLE ANALYSIS, BY REGION, 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY INDUSTRY
      • BY SERVICE TYPE
      • BY TECHNOLOGY
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • SUPPLY CHAIN ANALYSIS
      • KEY INFLUENCERS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • AUTOMATED FARE COLLECTION TECHNOLOGIES, STANDARDS, AND ASSOCIATIONS
      • CLOUD SERVICE
      • GLOBAL POSITIONING SYSTEM
      • DEDICATED SHORT RANGE COMMUNICATION (DSRS)
      • WIRELESS AND SENSOR NETWORK
      • MOBILE TELEPHONY
      • ROADSIDE CAMERA RECOGNITION
      • RADIOWAVE AND INFRARED BEACON
      • PROBE VEHICLE
      • NEAR-FIELD COMMUNICATION AND CONTACTLESS PAYMENTS
      • RADIO-FREQUENCY IDENTIFICATION
      • RADIO DATA SYSTEM-TRAFFIC MESSAGE CHANNEL
      • COOPERATIVE INTELLIGENT TRANSPORT SYSTEM (C-AFC)
    • STANDARDS AND ASSOCIATIONS
      • INTERNATIONAL
      • NORTH AMERICA
      • EUROPE
      • JAPAN
  • AUTOMATED FARE COLLECTION MARKET ANALYSIS, BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL AUTOMATED FARE COLLECTION MAIN MARKET SIZE, 2014-2021 (USD MILLION)
      • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • RAIL AND TRANSPORT
      • TICKET VENDING MACHINE
      • AUTOMATIC COLLECTION GATE
      • PASSENGER SERVICE MACHINE
      • SMART CARD TICKETING
        • Table RAIL AND TRANSPORT: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PARKING
      • PARKING ENTRY/EXIT BARRIERS
      • AUTO PAY MACHINE
      • TICKET VALIDATING MACHINE
        • Table PARKING: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • THEME PARK
      • Table THEME PARK: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AUTOMATED FARE COLLECTION MARKET ANALYSIS, BY SERVICE TYPE
    • INTRODUCTION
      • Table GLOBAL AUTOMATED FARE COLLECTION MAIN MARKET SIZE, 2014-2021 (USD MILLION)
      • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
    • CONSULTING
      • Table CONSULTING: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SYSTEM IMPLEMENTATION
      • Table SYSTEM IMPLEMENTATION: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TRAINING, SUPPORT, AND MAINTENANCE
      • Table TRAINING, SUPPORT, AND MAINTENANCE: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MANAGED SERVICES
      • Table MANAGED SERVICES: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AUTOMATED FARE COLLECTION MARKET ANALYSIS, BY TECHNOLOGY
    • INTRODUCTION
      • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • NEAR-FIELD COMMUNICATION (NFC)
      • Table NEAR FIELD COMMUNICATION: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MAGNETIC STRIPES
      • Table MAGNETIC STRIPES: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AUTOMATED FARE COLLECTION MARKET ANALYSIS, BY INDUSTRY
    • INTRODUCTION
      • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
    • TRANSPORTATION AND LOGISTICS
      • Table TRANSPORTATION AND LOGISTICS: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RETAIL
      • Table RETAIL: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table GLOBAL AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table APPLICATIONS: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table SERVICES: AUTOMATED FARE COLLECTION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • UNITED STATES
        • Table UNITED STATES: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
        • Table UNITED STATES: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table UNITED STATES: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
        • Table UNITED STATES: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table UNITED STATES: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
        • Table CANADA: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION 2014-2021 (USD MILLION)
        • Table CANADA: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
        • Table CANADA: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table CANADA: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
      • Table EUROPE: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table EUROPE: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: AUTOMATED FARE COLLECTION SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: AUTOMATED FARE COLLECTION MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2016
      • PARTNERSHIPS AND COLLABORATIONS
        • Table PARTNERSHIPS AND COLLABORATIONS, 2013-2016
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2013-2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • CUBIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INDRA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THALES GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GMV
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ST ELECTRONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ATOS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LONGBOW TECHNOLOGIES S/B
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAMSUNG SDS
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENFARE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ADVANCED CARD SYSTEMS HOLDINGS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • OTHER DEVELOPMENTS
      • PARTNERSHIPS AND COLLABORATIONS, 2013-2015
      • NEW PRODUCT LAUNCHES, 2013-2015
      • BUSINESS EXPANSIONS, 2013-2015
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • DISCUSSION GUIDE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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