Global Automated Passenger Counting System Market Size & Share to 2027

Global Automated Passenger Counting System Market Size & Share to 2027

Global Automated Passenger Counting System Market Size, Trends & Growth Opportunity, By Technology (Infrared, Stereoscopic Vision, Time-Of-Fight, and Others), By Application (Railways, Roadways, and Airways), By Region and Forecast till 2027

Global Automated Passenger Counting System Market

An automated passenger counting system is type of electronic device which is specially used in buses & railways to record the number of passenger boarding & leaving at every stop that helps to reduce corruption in the transportation sector. It shows arrival and departure time of transport and the number of passengers sitting on seat on the real-time monitor screen to the authority. Advanced automated passenger counting system uses 3 dimensional technologies to automatically count the passenger. This system offers more accurate and efficient results than manual counting.

Market Drivers

The increase in urbanization and technological advancements like real-time bus location and updates are expected to boost the global automated passenger counting system market growth over the forecast period. Furthermore, rise in government regulations to support the adoption of automated passenger counting system may positively influence the market growth. Also, governments in various regions such as U.K. and Germany are demanding ridership data from transit operators to raise safety and counter terrorism which is expected to propel the global automated passenger counting system market growth during this forecast period. Moreover, increase in need for fleet optimization and rise in demand for telematic solutions are expected to fuel the market growth in near future. In addition to that, the dynamic pricing of tickets and augmentation to existing real-time passenger information systems are opportunity areas for the automated passenger counting system market growth.

Market Restraints

Global automated passenger counting system market has some restraining factors such as lack of awareness regarding the benefits of these systems as well as poor infrastructure for installing passenger counting and system which is expected to hinder the market growth during this analysis period.Also, high cost of systems will affect the market growth.

Market Segmentation

Global Automated Passenger Counting System Market is segmented into technology such as Infrared, Stereoscopic Vision, Time-Of-Fight, and Others. Further, market is segmented into application such as Railways, Roadways, and Airways.

Also, Global Automated Passenger Counting System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Iris GmbH, Eurotech S.p.A., DILAX Intelcom GmbH, Retail Sensing Ltd, Syncromatics Corp, HELLA Aglaia Mobile Vision GmbH, Trapeze Group, Huawei Technology Co. Ltd, Cisco Systems, Inc., and Clever Devices Ltd.

Market Taxonomy

By Technology

• Infrared
• Stereoscopic Vision
• Time-Of-Fight
• Others

By Application

• Railways
• Roadways
• Airways

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Automated Passenger Counting System Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

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