Automated Passenger Counting System Market 2018: Gross Margin Analysis, Development Strategy, Opportunity Assessment, Growth Factors, Competitive Landscape and Potential of the Industry by 2022

Market Research Future
Market Research Future published a research report on “Global Automated Passenger Counting System Market Research Report – Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022.

Market Dynamics:

Explosive Growth And Growing Complexity Of Travel And Tourism Is The Prime Driver Of The Market

The explosive growth of travel and tourism, increasing concern of passenger security, growing complexity, and means of travel, demand for real-time information, and customer satisfaction are the prime drivers of the market. Effective management of crowd help to mitigate concerns of security especially in public transport systems is an essential paradigm behind the adoption of passenger counting system.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2398

Development Of Automation And Sensor Technology, And Advent Of Analytics Is Expected To Be The Future Of The Market

The developments in automation and sensor technology, advent of analytics, benefits of price discovery, cost-effectiveness owing to automation, increasing necessity to achieve fleet optimization, demand for smart telematics solutions forecasting, business and operations intelligence gained by the advantage of the passenger counting systems are driving greater adoption. Elimination of errors resulting from manual paperwork, the convergence of information at a single platform and others are the technological drivers of the market. The real-time information presented by systems which help in forewarning about an untoward event, thereby contributing to take corrective action is another driver of the market. Development of greater functionality such as surveillance, capacity prediction, and others are also fuelling the demand.

The pricing of tickets and upgrading to real-time passenger information systems are the most extensive market opportunities for the automated passenger counting system market. The better accuracy and generation of transit use patterns by linking boarding and alighting data with stop or station location is another market opportunity.

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 is segmented by technology, application, end-users, and region.

  • By technology, the market is segmented into infrared, stereoscopic vision, time-of-flight, IP cameras.
  • Based on application, the market is segmented as railways, roadways, airways. Railways accounted for the most significant market share owing to need for real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services.
  • Based on end-users, the market is segmented into buses, trains, ferry boats among others.
  • Based on regions, the market is segmented into North America, Europe, Asia-Pacific and rest of the World.

Regional Analysis:

North America is dominating the passenger counting system market followed by Europe. Asia-Pacific is anticipated to be the fastest growing markets in China and India dominating the market. The rest of the world is projected to generate a moderate growth. Europe is supposed to be dominated by Germany, France, and Italy.

Get complete Report @ https://www.marketresearchfuture.com/reports/automated-passenger-counting-system-market-2398

Intended Audience

  • Automated passenger counting system Manufacturers
  • Distributors
  • Research firms
  • Consultancy firms
  • Software Developers
  • Vendors
  • Semiconductor Manufacturers
  • Stakeholders
  • End-user sectors
  • Technology Investors

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/automated-passenger-counting-system-market-2398