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Global Automated Passenger Counting System Market Expected to Grow with a CAGR of 20% During the Forecast Period, 2018-2027 - ResearchAndMarkets.com

January 22, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 22, 2020--

The “Automated Passenger Counting System - Global Market Outlook (2018-2027)” report has been added to ResearchAndMarkets.com’s offering.

The Global Automated Passenger Counting System Market accounted for $148.80 million in 2018 and is expected to reach $745.03 million by 2027 growing at a CAGR of 20%.

Demand in adoption of advanced solutions in the transport sector and benefits offered by the market to transit operators in optimizing operational cost is likely to boost the growth of the market. However, Lack of awareness of the benefits offered by passenger counting systems in some countries is likely to hamper the profit boundaries.

Automated Passenger Counting System is a hardware and mobile-based application system. This research involved the design and implementation of automated passenger counting which provides a solution to remove syndicate and corruption in the transportation sector. It counts how many passengers are sitting on the seat and shows on the display screen in real time monitor and the authority can see the total number of passengers. No paper receipt is needed to ride on the bus. It enables transport authority to obtain accurate bus fare from bus drivers and helpers remotely instead manually counting where corruption happens. This system is made with Arduino Uno, Bluetooth HC-05 module, pressure pad, potentiometer, data collection software module. The proposed passenger counting system would be beneficial for both bus owners and government

Based on the application, Roadways is expected to lead the passenger information system market during the forecast period. Passenger information systems used for roadways include passenger information display systems, mobile application-based systems, infotainment systems, and passenger information announcement systems. Passenger information systems are installed at bus stations, bus shelters, bus stands, and roadsides to convey real-time information to passengers.

By geography, APAC is expected to grow at the highest rate during the forecast period. The healthy economic growth and the increasing urbanization for the growth of the automated passenger counting and information systems market in APAC, The APAC region comprises highly populated and rapidly developing countries such as China, India, and others. The transportation sector in these countries is developing at a significant rate to match the economic and cultural standards of developed countries, which is one of the drivers for the passenger information system market in the region.

What the report offers:

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Technology Analysis

3.7 Application Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Automated Passenger Counting System Market, By Type

5.1 Introduction

5.2 Passenger Information Mobile Application

5.3 Passenger Information Display Systems

5.4 Passenger Information Announcement Systems

5.5 Infotainment Systems

5.6 Emergency Communication Systems

5.7 Other Types

6 Global Automated Passenger Counting System Market, By Device and Component

6.1 Introduction

6.2 Sensors

6.3 Public Announcement Systems

6.4 Networking and Communication Devices

6.5 Multimedia Display

6.6 Other Devices

7 Global Automated Passenger Counting System Market, By Production Analysis

7.1 Introduction

7.2 Technology Cost Analysis

7.3 Raw Material Cost Analysis

7.4 Labor Cost Analysis

7.5 Other Production Analysis

8 Global Automated Passenger Counting System Market, By Technology

8.1 Introduction

8.2 Time-Of-Flight

8.3 Stereoscopic Vision

8.4 Infrared

8.5 Other Technologies

9 Global Automated Passenger Counting System Market, By Application

9.1 Introduction

9.2 Roadways

9.3 Railways

9.4 Ferry Boats

9.5 Airways

9.6 Buses

9.7 Other Applications

10 Global Automated Passenger Counting System Market, By Geography

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 South America

10.6 Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

12.1 Trapeze Group

12.2 Syncromatics Corp

12.3 Start-Up Ecosystem

12.4 Siemens AG

12.5 Retail Sensing Ltd

12.6 IRIS-GmbH

12.7 Innovation in Traffic Systems AG

12.8 Infodev Electronic Designers International Inc

12.9 Huawei Technology Co Ltd

12.10 Hitachi Ltd

12.11 Hella Aglaia Mobile Vision GmbH

12.12 Eurotech S P A

12.13 Dilax Intelcom GmbH

12.14 Clever Devices Ltd

12.15 Cisco Systems Inc

For more information about this report visit https://www.researchandmarkets.com/r/613hso

View source version on businesswire.com:https://www.businesswire.com/news/home/20200122005364/en/

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KEYWORD:

INDUSTRY KEYWORD: TRANSPORT OTHER TRANSPORT

SOURCE: Research and Markets

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PUB: 01/22/2020 06:44 AM/DISC: 01/22/2020 06:44 AM

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