Report Id: SNS/SEMI/1588 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
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.
MARKET DYNAMICS:
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.
IMPACT OF COVID-19:
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.
COMPETITIVE LANDSCAPE:
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.
MARKET SEGMENTATION:
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
REGIONAL ANALYSIS:
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
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. |
Frequently Asked Questions (FAQ) :
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
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.