Smart Cards Automated Fare Collection Systems Market 2019
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.
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Scope of the Report:
Of the major players of Smart Cards Automated Fare Collection Systems, Cubic Corporation maintained its first place in the ranking in 2017. Cubic Corporation accounted for 21.39% of the Global Smart Cards Automated Fare Collection Systems revenue market share in 2017. Other players accounted for 13.00 % and 12.41 %, including The Nippon Signal and Omron Corporation.
On the basis of product type, the Validator segment is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 83.74 % revenue share in 2017.
In the applications, the Off-Board segment was estimated to account for the highest revenue share of 93.51% in 2017 and is expected to gain significant market share by the end of 2025.
The worldwide market for Smart Cards Automated Fare Collection Systems is expected to grow at a CAGR of roughly 9.6% over the next five years, will reach 1510 million US$ in 2024, from 870 million US$ in 2019.
Market Segment by Manufacturers, this report covers
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
INIT
Huaming
Xerox
GFI Genfare
LECIP
Shanghai Potevio Company Limited
Gunnebo
GMV
Huahong Jitong
GRG Banking
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Farebox
Ticket Vending Machines (TVM)
Validator
Market Segment by Applications, can be divided into
Off-Board
On-Board
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Table of Contents –Analysis of Key Points
1 Market Overview
1.1 Smart Cards Automated Fare Collection Systems Introduction
1.2 Market Analysis by Type
1.2.1 Farebox
1.2.2 Ticket Vending Machines (TVM)
1.2.3 Validator
1.3 Market Analysis by Applications
1.3.1 Off-Board
1.3.2 On-Board
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Cubic Corporation
2.1.1 Business Overview
2.1.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Cubic Corporation Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 The Nippon Signal
2.2.1 Business Overview
2.2.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 The Nippon Signal Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Omron Corporation
2.3.1 Business Overview
2.3.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Omron Corporation Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Scheidt & Bachmann
2.4.1 Business Overview
2.4.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Thales Group
2.5.1 Business Overview
2.5.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Thales Group Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 INIT
2.6.1 Business Overview
2.6.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 INIT Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Huaming
2.7.1 Business Overview
2.7.2 Smart Cards Automated Fare Collection Systems Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Huaming Smart Cards Automated Fare Collection Systems Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
Continued….
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