The report covers a forecast and an analysis of the Automatic Fare Collection System Market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion) and volume (K Units). The study includes drivers and restraints for the automatic fare collection system market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the automatic fare collection system market on a global level.
In order to give the users of this report a comprehensive view of the automatic fare collection system market, we have included a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the automatic fare collection system market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
On the basis of component, automatic fare collection system market is segmented into hardware and software. The application segment includes bus, toll, train, and car rental. In terms of technology, the market is divided into smart card, NFC, optical character recognition, magnetic strips, and barcodes. The regional segment includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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Some major players operating in the automatic fare collection system market are:
- Thales Group
- Nippon Signal
- Advanced Card Systems
- Indra Sistemas
- Scheidt & Bachmann
- Vix Technology
- Omron Corporation
- NXP Semiconductors
- Samsung SDS
- LG CNS
- LECIP Holdings
- Singapore Technologies Engineering
- Cubic Corporation
- UL Identity Management & Security.
This report segments the global automatic fare collection system market into:
Automatic Fare Collection System Market: By Component
Automatic Fare Collection System Market: By Application
- Car Rental
Automatic Fare Collection System Market: By Technology Platform
- Smart Card
- Optical Character Recognition
- Magnetic Strips
Automatic Fare Collection System Market: By Region
- North America
- The U.S.
- Asia Pacific
- Latin America
- Middle East and Africa
|Historic Years||2016 – 2020|
|Forecast Years||2021 – 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Key features of Nutrigenomics Market:
- The raw material suppliers, as well as their market concentration rate, have also been identified.
- The study lists the production cost structures, which include raw material data, manufacturing process analysis, and labor costs.
- All aspects of the industrial chain analysis, downstream buyers, and sourcing techniques have been thoroughly explained.
- A portion of the budget has been set aside for an examination of the marketing strategy used,
- as well as information on the distributors involved in the supply chain.
- The Nutrigenomics Market Market report includes a summary of the cost analysis, main raw materials used, and the changing price patterns of war materials.
- The research includes information on the product marketing channels that were used, marketing channel development trends, price and brand strategies, and the target audience.
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