Global Automatic Fare Collection (AFC) Systems Sales Market Report 2023

SKU ID : QYR-22289275

No. of pages : 139

Publishing Date : 02-Jan-2023

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


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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
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