Market Analysis and Insights: Global Automatic Fare Collection (AFC) Systems Market
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.
Due to the COVID-19 pandemic, the global Automatic Fare Collection (AFC) Systems market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Ticket Vending Machine accounting for % of the Automatic Fare Collection (AFC) Systems global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Rail & Transit Solution segment is altered to an % CAGR throughout this forecast period.
China Automatic Fare Collection (AFC) Systems key players include United, Omron, Samsung SDS, Thales, etc. Top four companies hold a share above 25%. In terms of product, Ticket Vending Machine is the largest segment, with a share over 30%. And in terms of application, the largest channel is Rail & Transit Solution.
Global Automatic Fare Collection (AFC) Systems Scope and Market Size
The global Automatic Fare Collection (AFC) Systems market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Automatic Fare Collection (AFC) Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Ticket Vending Machine
Ticket Office Machine
Fare Gates
IC Cards
Segment by Application
Rail & Transit Solution
Entertainment Solution
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
United
Omron
Samsung SDS
Thales
Gunnebo
Chinasoft International
Huaming
GaoXin Modern
NXP Semiconductors
Shanghai Potevio Company Limited
GRG Banking
Huahong Jitong
Easyway
ST Electronics
KML Engineering Limited
Advance Cards Systems
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.
Due to the COVID-19 pandemic, the global Automatic Fare Collection (AFC) Systems market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Ticket Vending Machine accounting for % of the Automatic Fare Collection (AFC) Systems global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Rail & Transit Solution segment is altered to an % CAGR throughout this forecast period.
China Automatic Fare Collection (AFC) Systems key players include United, Omron, Samsung SDS, Thales, etc. Top four companies hold a share above 25%. In terms of product, Ticket Vending Machine is the largest segment, with a share over 30%. And in terms of application, the largest channel is Rail & Transit Solution.
Global Automatic Fare Collection (AFC) Systems Scope and Market Size
The global Automatic Fare Collection (AFC) Systems market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Automatic Fare Collection (AFC) Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Ticket Vending Machine
Ticket Office Machine
Fare Gates
IC Cards
Segment by Application
Rail & Transit Solution
Entertainment Solution
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
United
Omron
Samsung SDS
Thales
Gunnebo
Chinasoft International
Huaming
GaoXin Modern
NXP Semiconductors
Shanghai Potevio Company Limited
GRG Banking
Huahong Jitong
Easyway
ST Electronics
KML Engineering Limited
Advance Cards Systems
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