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Automated Fare Collection (AFC) - Global Market Outlook (2017-2023)

Automated Fare Collection (AFC) - Global Market Outlook (2017-2023)

According to Stratistics MRC, the Global Automated Fare Collection (AFC) Market is accounted for $6.38 billion in 2016 and is expected to reach $15.83 billion by 2023 growing at a CAGR of 13.9% during the forecast period. Demand for congestion free transportation systems, reduction in environmental pollution and support from various governments to invest on automated fare collection system are some factors driving the market growth. However, high installation cost and slow growth in emerging countries are hampering the market. Fare collection technology platforms and developments in developing economies will provide ample opportunity for the market to grow.

On the basis of components, the hardware segment retains the largest market share in automated fare collection industry and is expected to maintain its leading position during the forecast period owing to development in Europe and Asia Pacific region.

In terms of geography, North America region has been an extremely open and competitive market with regards to the adoption of AFC solutions across major industry applications. This region has been particularly responsive toward adopting the latest technological advancements, such as NFC and magnetic stripes. Moreover, strict government standards and regulations framed for various industries have also driven the growth of this region.

Some of the key players in this market include Omron Corp, NXP Semiconductors, LG Corporation, GMV, Atos SE, Samsung, Cubic Transportation Systems, Scheidt & Bachmann, Fare Logistics, Siemens AG, Advanced Card Systems, Sony Corporation, Trapeze Group, Vix Technology, Thales Group, Singapore Technologies Electronics Limited Xerox Corporation, Nippon Signal, Masabi Ltd., Indra Sistemas SA, iBlocks Limited and ST Electronics.

Service Types Covered:
• System Implementation
• Training, Support, and Maintenance
• Managed Services
• Consulting

Applications Covered:
• Theme Park
• Parking
• Rail and Transport
• Other Applications

End Users Covered:
• Retail
• Transportation and Logistics
• Media and Entertainment
• Government
• Other End Users

Systems Covered:
• Fare gates
• Ticket vending machine
• IC cards
• Ticket office machine

Technologies covered:
• Near-Field Communication (NFC)
• Smart Card
• Optical character recognition (OCR)
• Other Technologies

Components covered:
• Software
• Hardware

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Technology Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automated Fare Collection (AFC) Market, By Service Type
5.1 Introduction
5.2 System Implementation
5.3 Training, Support, and Maintenance
5.4 Managed Services
5.5 Consulting
6 Global Automated Fare Collection (AFC) Market, By Application
6.1 Introduction
6.2 Theme Park
6.3 Parking
6.3.1 Auto Pay Machine
6.3.2 Parking Entry/Exit Barriers
6.3.3 Ticket Validating Machine
6.4 Rail and Transport
6.4.1 Ticket Vending Machine
6.4.2 Smart Card Ticketing
6.4.3 Automatic Collection Gate
6.4.4 Passenger Service Machine
6.5 Other Applications
7 Global Automated Fare Collection (AFC) Market, By End User
7.1 Introduction
7.2 Retail
7.3 Transportation and Logistics
7.4 Media and Entertainment
7.5 Government
7.6 Other End Users
8 Global Automated Fare Collection (AFC) Market, By System
8.1 Introduction
8.2 Fare gates
8.3 Ticket vending machine
8.4 IC cards
8.5 Ticket office machine
9 Global Automated Fare Collection (AFC) Market, By Technology
9.1 Introduction
9.2 Near-Field Communication (NFC)
9.3 Smart Card
9.4 Optical character recognition (OCR)
9.5 Other Technologies
9.5.1 Magnetic Stripes
9.5.2 Bar coding
10 Global Automated Fare Collection (AFC) Market, By Component
10.1 Introduction
10.2 Software
10.3 Hardware
11 Global Automated Fare Collection (AFC) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Omron Corp
13.2 NXP Semiconductors
13.3 LG Corporation
13.4 GMV
13.5 AtosSE
13.6 Samsung
13.7 Cubic Transportation Systems
13.8 Scheidt & Bachmann
13.9 Fare Logistics
13.10 Siemens AG
13.11 Advanced Card Systems
13.12 Sony Corporation
13.13 Trapeze Group
13.14 Vix Technology
13.15 Thales Group
13.16 Singapore Technologies Electronics Limited
13.17 Xerox Corporation
13.18 Nippon Signal
13.19 Masabi Ltd.
13.20 Indra Sistemas SA
13.21 iBlocks Limited
13.22 ST Electronics
List of Tables
Table 1 Global Automated Fare Collection (AFC) Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Automated Fare Collection (AFC) Market Outlook, By Service Type (2014-2023) ($MN)
Table 3 Global Automated Fare Collection (AFC) Market Outlook, By System Implementation (2014-2023) ($MN)
Table 4 Global Automated Fare Collection (AFC) Market Outlook, By Training, Support, and Maintenance (2014-2023) ($MN)
Table 5 Global Automated Fare Collection (AFC) Market Outlook, By Managed Services (2014-2023) ($MN)
Table 6 Global Automated Fare Collection (AFC) Market Outlook, By Consulting (2014-2023) ($MN)
Table 7 Global Automated Fare Collection (AFC) Market Outlook, By Application (2014-2023) ($MN)
Table 8 Global Automated Fare Collection (AFC) Market Outlook, By Theme Park (2014-2023) ($MN)
Table 9 Global Automated Fare Collection (AFC) Market Outlook, By Parking (2014-2023) ($MN)
Table 10 Global Automated Fare Collection (AFC) Market Outlook, By Auto Pay Machine (2014-2023) ($MN)
Table 11 Global Automated Fare Collection (AFC) Market Outlook, By Parking Entry/Exit Barriers (2014-2023) ($MN)
Table 12 Global Automated Fare Collection (AFC) Market Outlook, By Ticket Validating Machine (2014-2023) ($MN)
Table 13 Global Automated Fare Collection (AFC) Market Outlook, By Rail and Transport (2014-2023) ($MN)
Table 14 Global Automated Fare Collection (AFC) Market Outlook, By Ticket Vending Machine (2014-2023) ($MN)
Table 15 Global Automated Fare Collection (AFC) Market Outlook, By Smart Card Ticketing (2014-2023) ($MN)
Table 16 Global Automated Fare Collection (AFC) Market Outlook, By Automatic Collection Gate (2014-2023) ($MN)
Table 17 Global Automated Fare Collection (AFC) Market Outlook, By Passenger Service Machine (2014-2023) ($MN)
Table 18 Global Automated Fare Collection (AFC) Market Outlook, By Other Applications (2014-2023) ($MN)
Table 19 Global Automated Fare Collection (AFC) Market Outlook, By End User (2014-2023) ($MN)
Table 20 Global Automated Fare Collection (AFC) Market Outlook, By Retail (2014-2023) ($MN)
Table 21 Global Automated Fare Collection (AFC) Market Outlook, By Transportation and Logistics (2014-2023) ($MN)
Table 22 Global Automated Fare Collection (AFC) Market Outlook, By Media and Entertainment (2014-2023) ($MN)
Table 23 Global Automated Fare Collection (AFC) Market Outlook, By Government (2014-2023) ($MN)
Table 24 Global Automated Fare Collection (AFC) Market Outlook, By Other End Users (2014-2023) ($MN)
Table 25 Global Automated Fare Collection (AFC) Market Outlook, By System (2014-2023) ($MN)
Table 26 Global Automated Fare Collection (AFC) Market Outlook, By Fare gates (2014-2023) ($MN)
Table 27 Global Automated Fare Collection (AFC) Market Outlook, By Ticket vending machine (2014-2023) ($MN)
Table 28 Global Automated Fare Collection (AFC) Market Outlook, By IC cards (2014-2023) ($MN)
Table 29 Global Automated Fare Collection (AFC) Market Outlook, By Ticket office machine (2014-2023) ($MN)
Table 30 Global Automated Fare Collection (AFC) Market Outlook, By Technology (2014-2023) ($MN)
Table 31 Global Automated Fare Collection (AFC) Market Outlook, By Near-Field Communication (NFC) (2014-2023) ($MN)
Table 32 Global Automated Fare Collection (AFC) Market Outlook, By Smart Card (2014-2023) ($MN)
Table 33 Global Automated Fare Collection (AFC) Market Outlook, By Optical character recognition (OCR) (2014-2023) ($MN)
Table 34 Global Automated Fare Collection (AFC) Market Outlook, By Other Technologies (2014-2023) ($MN)
Table 35 Global Automated Fare Collection (AFC) Market Outlook, By Magnetic Stripes (2014-2023) ($MN)
Table 36 Global Automated Fare Collection (AFC) Market Outlook, By Bar coding (2014-2023) ($MN)
Table 37 Global Automated Fare Collection (AFC) Market Outlook, By Component (2014-2023) ($MN)
Table 38 Global Automated Fare Collection (AFC) Market Outlook, By Software (2014-2023) ($MN)
Table 39 Global Automated Fare Collection (AFC) Market Outlook, By Hardware (2014-2023) ($MN)
Note: Tables for North America, Europe, APAC, South America and Middle East & Africa Regions are also represented in the same manner as above.

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