Automated Passenger Counting and Information System Market Size was valued at USD 7.90 billion in 2022 and is expected to reach USD 16.45 billion by 2030, and grow at a CAGR of 9.6% over the forecast period 2023-2030.
Automatic passenger counting systems are electronic machines to calculate the number of passengers boarding and departing at all stops. These systems have replaced the test schedule that has been used to collect personal information. Unlike schedule checkers, automatic passenger counting and information systems collect rides throughout the operational trip. Automatic passenger counting and information systems are less expensive as it costs less to collect boarding information through APC units than hiring staff to collect them in person. An electronic information system that provides real-time passenger information is known as a passenger information system. This includes predictions about the arrival and departure times of transit routes.
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KEY DRIVERS:
Reduce transit operators' operational costs.
RESTRAINTS:
This will be covered under the final version of the report.
OPPORTUNITIES:
expanding technological advancements.
CHALLENGES:
Passenger information system integration.
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
Government regulations imposed in various countries to address the situation of COVID-19 have affected the Global Automated Passenger Counting and Information System. Some of the regulations include the temporary closure of production facilities or the operation of a section with fewer employees, as well as travel restrictions. These regulations disrupted the global supply chain and contributed to the manufacturing capacity of companies. The demand for Automated Passenger Counting and Information System has decreased due to the impact of COVID-19 on their end user requests.
Stereoscopic vision technology has gained market strength over the past few years as it collects accurate information from high-volume traffic data. In addition, this technology can easily detect the movement of passengers. Stereoscopic visual technology is considered to be idle because it uses ambient light without the use of any external light, so it is only possible to use the outside with good lighting.
The railway application holds the largest share of the passenger information system market in the recent year. Several important cities around the world, including New York, Hong Kong, Santiago, Chile, and Montreal, have become the first recipients of passenger information systems to improve travel. passenger information. Increased urbanization, continuous technological advancement in public information systems to improve customer awareness, increase government efforts to modernize railway infrastructure, and the continued expansion of railway networks in various countries drive market growth for passenger information systems.
BY TYPE:
Automated Passenger Counting Systems
Passenger Information Systems
Display Systems
Announcement and Emergency Communication Systems
Infotainment Systems
Mobile Applications
BY TECHNOLOGY:
Infrared
Stereoscopic vision
Time of Flight
Others
BY APPLICATION:
Buses
Trains and Trams
Ferries
Railways
Roadways
Airways
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The growth of the Asia Pacific market is due to increased adoption of Automated Passenger Counting and Information System in vehicles to provide reliable, secure and timely travel services. The large population base of countries such as China and India and the ever-growing population of countries like Australia create the need for smart transport networks to ensure reliable and secure travel for passengers. The fast-growing transport sector and increasing investment in it to improve public transport services, as well as the increasing adoption of smart solutions in the Asia Pacific transport sector, serve as opportunities for market growth.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The key market players in Global Automated Passenger Counting and Information System Market are Eurotech, Infodev EDI, HELLA Aglaia Mobile Vision, Clever Devices Ltd., Huawei Technology Co., Ltd, Trapeze Group, DILAX Intelcom, Iris-GmbH, Cisco Systems, Inc., Hitachi, Ltd., Siemens AG, Other players.
Clever Devices Ltd-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 7.90 Billion |
| Market Size by 2030 | US$ 16.45 Billion |
| CAGR | CAGR of 9.6% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Customs And Border Protection, Airport/Aviation) • By Application (Customs And Border Protection, Airport/Aviation, Law Enforcement, Military And Defense, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Eurotech, Infodev EDI, HELLA Aglaia Mobile Vision, Clever Devices Ltd., Huawei Technology Co., Ltd, Trapeze Group, DILAX Intelcom, Iris-GmbH, Cisco Systems, Inc., Hitachi, Ltd., Siemens AG, Other players. |
| Key Drivers | • Reduce transit operators' operational costs. |
| OPPORTUNITIES | • expanding technological advancements. |
The Automated Passenger Counting and Information System Market size was valued at 7.2 billion in 2021 at a CAGR of 9.6%.
The Asia-Pacific region is the greatest market for Automated Passenger Counting and Information Systems due to increased adoption of Automated Passenger Counting and Information Systems in vehicles to provide reliable, secure, and timely travel services.
The key market players in Global Automated Passenger Counting and Information System Market are Eurotech, Infodev EDI, HELLA Aglaia Mobile Vision, Clever Devices Ltd., Huawei Technology Co., Ltd, Trapeze Group, DILAX Intelcom, Iris-GmbH, Cisco Systems, Inc., Hitachi, Ltd., Siemens AG, Others.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automated Passenger Counting and Information System Market Segmentation, by type
8.1Introduction
8.2 Automated Passenger Counting Systems
8.3 Passenger Information Systems
8.4 Display Systems
8.5 Announcement and Emergency Communication Systems
8.6 Infotainment Systems
8.7 Mobile Applications
8.8 Other
9. Global Automated Passenger Counting and Information System Market Segmentation, by Technology
9.1 Introduction
9.2 Infrared
9.3 Stereoscopic vision
9.4 Time of Flight
9.5 Others
10. Global Automated Passenger Counting and Information System Market Segmentation, By application
10.1 Introduction
10.2 Buses
10.3 Trains and Trams
10.4 Ferries
10.5 Railways
10.6 Roadways
10.7 Airways
10.8 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 HITACHI LTD.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Eurotech
12.3 Infodev EDI
12.4 HELLA Aglaia Mobile Vision
12.5 Clever Devices Ltd.
12.6 Huawei Technology Co., Ltd
12.7 Trapeze Group
12.8 DILAX Intelcom
12.9 Iris-GmbH
12.10 Cisco Systems, Inc.
12.11 Hitachi, Ltd.
12.12 Siemens AG
12.13 Others
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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