Automated Passenger Counting and Information System Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : Ongoing | Semiconductor & Electronics | PPT format

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Global Automated Passenger Counting and Information System Market: Overview 

Electronic machines that keep a tab on the number of passengers that aboard or alight a vehicle are known as automated passenger counting systems. They are fast supplanting schedule checkers that were earlier leveraged to manually gather ridership information. Automated passenger counting and information systems are efficient and inexpensive as they do not require hiring additional manpower.

Passenger information system, again, is an electronic information system that supplies real time passengers’ information, including predictions about arrival and departure times of transport means.

Overall, automated passenger counting and information system aid in making changes in services in keeping with changing ridership patterns, establishing budgets, and securing funding. 

Global Automated Passenger Counting and Information System Market: Key Trends 

Driving demand in the global automated passenger counting and information system market is the pressing need to accomplish fleet optimization and demand for smart telematic solutions. Other factors stoking the market are technological progress in the domain of passenger information systems and swift pace of urbanization. The unique perceived benefit of automatic passenger counting is the accuracy of the information as they deploy sensors to detect ridership patterns. 

One drawback of automated passenger counting and information systems is that they are expensive to install. This has been acting as a roadblock to their swift sales particularly in the price sensitive emerging economies. However, the quick return on investment that they provide, will likely help overcome such challenges to the growth in the market. 

Global Automated Passenger Counting and Information System Market: Market Potential 

The global market for automated passenger counting and information system is making gigantic strides and going forward too is slated to hold on to the momentum. The dynamic pricing of tickets and bettering existing real-time passenger information systems have been creating substantial opportunity in the Asia Pacific. 

 The market for automated passenger counting and information system can be classified based on different parameters. Based on type, for example, the market for automated passenger counting and information systems can be divided into passenger information display systems, emergency communication systems, passenger information announcement systems, infotainment systems, and passenger information mobile applications. Depending upon components, the market can be segmented into sensors, multimedia displays, and networking and communication devices. Further, depending upon the mode of transport, the market can be segregated into roadways, waterways, railways, and airways. 

Global Automated Passenger Counting and Information System Market: Regional Outlook 

Geography-wise, the global market for automatic passenger counting and information system can be divided into Asia Pacific, North America, Europe, and the Rest of the World comprising of Latin America, Middle East, and Africa. Government mandates supporting deployment of such systems in North America, has made it a key market. Europe is another key market. The installation of automated counting and information system helps improve transit time efficacy and helps to resolve passenger’s complaints quickly. This has driven their demand in first world countries of North America and Europe. 

Global Automated Passenger Counting and Information System Market: Competitive Analysis 

To assess the competition prevailing in the global market for automated passenger counting and information system market, the report profiles players such as Eurotech SpA, DILAX Intelcom GmbH, iris-GmbH, Urban Transportation Associates, Inc., and HELLA Aglaia Mobile Vision GmbH. Prominent names in the passenger information system includes Alstom, Cisco Systems, Inc., Siemens AG., GE Transportation, Hitachi, Ltd., and Huawei Technologies Co. Ltd. 

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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