Global Automated Passenger Counting and Information System market, By Geography, APC by Technology (Infrared, Stereoscopic Vision, Time-Of-Flight), APC by Application (Buses, Trains, Ferry Boats), PIS by Type (Display Systems, Announcement Systems, Emergency Communication Systems, Infotainment, Mobile Application), PIS by Application (Railways, Roadways, Airways)- Industry Trends and Forecast to 2024
The global automated passenger counting and information system market accounted for USD 435.5 million in 2016 growing at a CAGR of 18.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Automated passenger counting and information systems are the electronic systems that provides real-time ridership information such as the count of passengers that board and leave at the stop. These systems have replaced the manual schedule checking systems. The market is significantly being driven by the increasing demand for transit operations data, and rising adoption of real time transport data. However, the poor infrastructure and lack of awareness restrain the growth of the market.
Major market drivers:
• Increasing demand for transit operations data
• Increasing usage of advanced solutions to optimize operational costs
• Growing adoption of real time transport data
• Technological advancements in information systems
• Lack of awareness
• Poor infrastructure
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The automated passenger counting system market is segmented on the basis of technology into infrared, stereoscopic vision, time-of-flight, and others.
The automated passenger counting system market is segmented on the basis of application into buses, trains, and ferry boats.
The passenger information system market is segmented on the basis of type into passenger information display systems, passenger information announcement system, emergency communication system, infotainment systems, and passenger information mobile application.
The passenger information system market is segmented on the basis of application into railways, roadways, and airways.
On the basis of geography, global automated passenger counting and information system market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis:
The report for automated passenger counting and information system market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is Automated Passenger Counting and Information System in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyse and do more affective investments.
Major Market Competitors:
Some of the major players of the global automated passenger counting and information system market are Eurotech S.P.A., Dilax Intelcom GmbH, Hella Aglaia Mobile Vision GmbH, Infodev Electronic Designers International Inc., IRIS-GmbH, Cisco, Siemens AG, Hitachi, Ltd., Huawei Technology Co., Ltd, Clever Devices Ltd., Retail Sensing Ltd., Syncromatics Corp., Trapeze Group, Passio Technologies, Traksat, Postec Technology, Ermetris srl, among others.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
Some of the key research methodologies used by DBMR research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.