Automated Passenger Counting System Global Market – Overview
The global automated passenger counting system market is showing immense growth; mainly due to the increased adoption of advanced solutions in the transport sector. Also, increasing demand for real-time transit information and growing demand for safety of passengers is another major factor responsible for driving the growth of automated passenger counting system market.
Technological advancements have played a major role in the development of automated passenger counting system. Increasing government regulations such as requirement of ridership data from transit operators on a regular basis is another major factor responsible for driving the growth of automated passenger counting system market. Iris-GmbH, HELLA Aglaia Mobile Vision GmbH, Eurotech S.p.A., DILAX Intelcom GmbH, Infodev Electronic Designers International Inc., Cisco Systems, Inc., Siemens AG, Hitachi, Ltd., and Huawei Technology Co., Ltd. are the major investors in the Automated Passenger Counting System Market.
Based on technology, stereoscopic vision technology is expected to grow at the highest rate during the forecast period. This is owing to the high level of accuracy being offered by stereoscopic vision technology. Whereas based on application, the railways sub segment is expected to hold the largest market share of the automated passenger counting system market during the forecast period. According to a recent study report published by Market Research Future, the global market of automated passenger counting system is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).
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However, lack of awareness of the benefits being offered by automated passenger counting systems and lack of infrastructure in order to install automated passenger counting systems are major factors that may cause hindrance in the growth of automated passenger counting system market. Also, integrating passenger information system with transit vehicles is another factor that may hamper the market growth.
Key Players
The key players of global automated passenger counting system market report include Ris-GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada) and others.
Segments:
The Global automated passenger counting system market has been segmented on the basis of technology, application, end-users and region. By technology, the market has been bifurcated into infrared, stereoscopic vision, time-of-flight, ip cameras. On the basis of application, the market can be segmented as railways, roadways, airways. On the basis of end-users the market can be segmented into buses, trains, ferry boats among others. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.
On the basis of application, the market can be segmented into Railways, Roadways, Airways . Out of these, railways accounted for the largest market share because passenger information systems provide real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services.
Regional Analysis:
Regionally, North-America accounted for the largest market share especially in the countries such as U.S. because it was the early adopters of automated passenger counting system.
Asia-Pacific region is expected to grow over the forecast period, 2016-2022 especially in countries such as China and India countries because they are investing huge amounts of money for developing the transportation sector.
Industry News
June 2017 – Koleje Mazowieckie has started operating DILAX’s automatic passenger counting systems. The company has equipped 69 vehicles with automated people counting systems. The system provided by DILAX is compatible with previously installed systems in Koleje Mazowieckie vehicles.
November 2017 – Smart Restroom systems are deployed at George Bush Airport, U.S. Each restroom location comprises of passenger counting system, predictive analytics, and real time alerting.
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Intended Audience
- Automated passenger counting system Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Technology Investors
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