1 / 6

Automated Passenger Counting System Market is Likely to Grow at 20% CAGR to 2022

Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022.<br><br>Get Complete Report @ https://www.marketresearchfuture.com/reports/automated-passenger-counting-system-market-2398<br><br>

Shashiemrfr
Télécharger la présentation

Automated Passenger Counting System Market is Likely to Grow at 20% CAGR to 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Automated Passenger Counting System Market is Poised to Register 20% Growth by the End of 2022 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Automated Passenger Counting System Market Market Scenario: Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022. Market Dynamics: Explosive Growth And Growing Complexity Of Travel And Tourism Is The Prime Driver Of The Market The explosive growth of travel and tourism, increasing concern of passenger security, growing complexity, and means of travel, demand for real-time information, and customer satisfaction are the prime drivers of the market. Effective management of crowd help to mitigate concerns of security especially in public transport systems is an essential paradigm behind the adoption of passenger counting system. Development Of Automation And Sensor Technology, And Advent Of Analytics Is Expected To Be The Future Of The Market Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2398 The developments in automation and sensor technology, advent of analytics, benefits of price discovery, cost- effectiveness owing to automation, increasing necessity to achieve fleet optimization, demand for smart telematics solutions forecasting, business and operations intelligence gained by the advantage of the passenger counting systems are driving greater adoption. Elimination of errors resulting from manual paperwork, the convergence of information at a single platform and others are the technological drivers of the market. The real-time information presented by systems which help in forewarning about an untoward event, thereby contributing to take corrective action is another driver of the market. Development of greater functionality such as surveillance, capacity prediction, and others are also fuelling the demand. 2 www.marketresearchfuture.com

  3. Automated Passenger Counting System Market The pricing of tickets and upgrading to real-time passenger information systems are the most extensive market opportunities for theautomated passenger counting system market. The better accuracy and generation of transit use patterns by linking boarding and alighting data with stop or station location is another market opportunity. Lack Of Awareness Is The Prime Deterrent Of The Market The high cost of installation and maintenance, lack of awareness, and concerns over data security are prime deterrents of the market growth. The key drivers for the growth of the automated passenger counting system are and growing urbanization. Also, government regulations supporting automated supporting system installations in the North-American region. However, the high initial cost in the price-sensitive emerging economies and relatively quick return on investment is hindering the growth of the market. Geographically, North America accounted for the most significant market share in the global automated passenger counting system market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016- 2022. Dominant Players The prominent players operating in the global automated passenger counting system market report include Ris- GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada) and others. 3 www.marketresearchfuture.com

  4. Automated Passenger Counting System Market Segments: The global automated passenger counting system market is segmented by technology, application, end-users, and region. By technology, the market is segmented into infrared, stereoscopic vision, time-of-flight, IP cameras. Based on application, the market is segmented as railways, roadways, airways. Railways accounted for the most significant market share owing to need for real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services. Based on end-users, the market is segmented into buses, trains, ferry boats among others. Based on regions, the market is segmented into North America, Europe, Asia-Pacific and rest of the World. Get Complete Report @ https://www.marketresearchfuture.com/reports/automated-passenger-counting-system- market-2398 4 www.marketresearchfuture.com

  5. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 5 www.marketresearchfuture.com

  6. THANK YOU MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 6 www.marketresearchfuture.com

More Related