Report overview
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.
AFC machine is the equipment used in the automatic fare collection system. The elements of AFC system are:
Ticket vending machines (TVMs), where passengers can buy a ticket for their journey
Ticket office machines (TOMs), used by railway staff to issue tickets at stations
Add value machines (AVMs), where passengers having a stored value ticket can increase the residual value.
Fare gates, which form a barrier between the "unpaid" area of the station and the "paid" area where passengers must possess a valid ticket.The faregate will read and release the gate when a valid ticket is presented.
Tickets, which come in a number of varieties (according to the system in use) but which all have an electronically encoded data content indicating the validity and/or use of the ticket.
A computerised accounting and management system, which consists of a station computer for each station and a central computer linked to all the stations.
This report aims to provide a comprehensive presentation of the global market for Automatic Fare Collection (AFC) Station Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Fare Collection (AFC) Station Equipment. This report contains market size and forecasts of Automatic Fare Collection (AFC) Station Equipment in global, including the following market information:
Global Automatic Fare Collection (AFC) Station Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automatic Fare Collection (AFC) Station Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automatic Fare Collection (AFC) Station Equipment companies in 2022 (%)
The global Automatic Fare Collection (AFC) Station Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
BOM Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automatic Fare Collection (AFC) Station Equipment include Cubic Corporation, The Nippon Signal, Omron Corporation, Scheidt & Bachmann, Thales Group, INIT, Huaming, Xerox and GFI Genfare, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automatic Fare Collection (AFC) Station Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automatic Fare Collection (AFC) Station Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, by Type, 2022 (%)
BOM
TVM
Fare Gates
TCM
Handhel Terminal
Others
Global Automatic Fare Collection (AFC) Station Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, by Application, 2022 (%)
Railway
Parking
Entertainment Place
Global Automatic Fare Collection (AFC) Station Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automatic Fare Collection (AFC) Station Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automatic Fare Collection (AFC) Station Equipment revenues share in global market, 2022 (%)
Key companies Automatic Fare Collection (AFC) Station Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automatic Fare Collection (AFC) Station Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automatic Fare Collection (AFC) Station Equipment, market overview.
Chapter 2: Global Automatic Fare Collection (AFC) Station Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Automatic Fare Collection (AFC) Station Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automatic Fare Collection (AFC) Station Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automatic Fare Collection (AFC) Station Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
