The Asia Pacific Automated Fare Collection System Market would witness market growth of 18.2% CAGR during the forecast period (2020-2026). Automatic fare collection systems have proved to be of great benefit to a variety of groups, such as the City, the system managers, the town planning committee and, most of all, the commuting population. Automated Fare Collection is not just a technical transition that replaces conventional magnetic receipts with contactless smart cards. It also offers a modular, complete and standard-based open solution that meets sales objectives and operational needs. An automated charging system is designed to pass undertakings through transit operators.
Globally, commuter traffic is growing by the day due to rising population, which, in effect, obliges different governments to find new ways of handling public transit services. It also boosts demand for Automated Fare Collection across countries as their respective governments invest on infrastructure developments. AFC increases performance and lowers maintenance and operational costs for transport operators. This opens up practical marketing possibilities and provides interoperability and multi-application capabilities. Such a solution allows loyalty programs, successful targeted advertising, cross-marketing, etc. This also reduces the chances of revenue losses and fare-related fraud by secure transactions. The system ensures that Buses, trains, road and retail fares operate smoothly.
The increasing usage of high-speed public transport and high-speed metro trains and monorails is projected to fuel the development of the industry, allowing operators to achieve strong revenue. Tickets are distributed as paper tickets or electronic tickets that can be purchased either in advance or at the time of travel, which is expected to provide a wide range of opportunities for key players operating in the global automated fare collection system industry.
Based on Technology Platform, the market is segmented into Smart Card, Optical Character Recognition, Near Field Communication and Others. Based on Component, the market is segmented into Hardware and Software. Based on End User, the market is segmented into Railway, Toll, Parking, Bus and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Automated Fare Collection System Market in Asia Pacific is expected to register a CAGR of 18.2% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Atos Group, Dormakaba Holding AG, LG Corporation, NXP Semiconductors N.V., Samsung Electronics Co., Ltd. (Samsung Group), Thales Group S.A., Cubic Corporation, LECIP Holdings Corporation, and Scheidt & Bachmann GmbH.
Scope of the Asia Pacific Automated Fare Collection System Market Analysis
Market Segmentation:
By Technology Platform
- Smart Card
- Optical Character Recognition
- Near Field Communication
- Others
By Component
By End-User
- Railway
- Toll
- Parking
- Bus
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Omron Corporation
- Atos Group
- Dormakaba Holding AG
- LG Corporation
- NXP Semiconductors N.V.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Thales Group S.A.
- Cubic Corporation
- LECIP Holdings Corporation
- Scheidt & Bachmann GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automated Fare Collection System Market, by Technology Platform
1.4.2 Asia Pacific Automated Fare Collection System Market, by Component
1.4.3 Asia Pacific Automated Fare Collection System Market, by End User
1.4.4 Asia Pacific Automated Fare Collection System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Automated Fare Collection System Market by Technology Platform
3.1 Asia Pacific Smart Card Automated Fare Collection System Market by Country
3.2 Asia Pacific Optical Character Recognition Automated Fare Collection System Market by Country
3.3 Asia Pacific Near Field Communication Automated Fare Collection System Market by Country
3.4 Asia Pacific Other Technology Platform Automated Fare Collection System Market by Country
Chapter 4. Asia Pacific Automated Fare Collection System Market by Component
4.1 Asia Pacific Hardware Automated Fare Collection System Market by Country
4.2 Asia Pacific Software Automated Fare Collection System Market by Country
Chapter 5. Asia Pacific Automated Fare Collection System Market by End Use
5.1 Asia Pacific Railway Automated Fare Collection System Market by Country
5.2 Asia Pacific Toll Automated Fare Collection System Market by Country
5.3 Asia Pacific Parking Automated Fare Collection System Market by Country
5.4 Asia Pacific Bus Automated Fare Collection System Market by Country
5.5 Asia Pacific Others Automated Fare Collection System Market by Country
Chapter 6. Asia Pacific Automated Fare Collection System Market by Country
6.1 China Automated Fare Collection System Market
6.1.1 China Automated Fare Collection System Market by Technology Platform
6.1.2 China Automated Fare Collection System Market by Component
6.1.3 China Automated Fare Collection System Market by End Use
6.2 Japan Automated Fare Collection System Market
6.2.1 Japan Automated Fare Collection System Market by Technology Platform
6.2.2 Japan Automated Fare Collection System Market by Component
6.2.3 Japan Automated Fare Collection System Market by End Use
6.3 India Automated Fare Collection System Market
6.3.1 India Automated Fare Collection System Market by Technology Platform
6.3.2 India Automated Fare Collection System Market by Component
6.3.3 India Automated Fare Collection System Market by End Use
6.4 South Korea Automated Fare Collection System Market
6.4.1 South Korea Automated Fare Collection System Market by Technology Platform
6.4.2 South Korea Automated Fare Collection System Market by Component
6.4.3 South Korea Automated Fare Collection System Market by End Use
6.5 Singapore Automated Fare Collection System Market
6.5.1 Singapore Automated Fare Collection System Market by Technology Platform
6.5.2 Singapore Automated Fare Collection System Market by Component
6.5.3 Singapore Automated Fare Collection System Market by End Use
6.6 Malaysia Automated Fare Collection System Market
6.6.1 Malaysia Automated Fare Collection System Market by Technology Platform
6.6.2 Malaysia Automated Fare Collection System Market by Component
6.6.3 Malaysia Automated Fare Collection System Market by End Use
6.7 Rest of Asia Pacific Automated Fare Collection System Market
6.7.1 Rest of Asia Pacific Automated Fare Collection System Market by Technology Platform
6.7.2 Rest of Asia Pacific Automated Fare Collection System Market by Component
6.7.3 Rest of Asia Pacific Automated Fare Collection System Market by End Use
Chapter 7. Company Profiles
7.1 Omron Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Atos Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 SWOT Analysis
7.3 Dormakaba Holding AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 LG Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 SWOT Analysis
7.5 NXP Semiconductors N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Samsung Electronics Co., Ltd. (Samsung Group)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.6 SWOT Analysis
7.7 Thales Group S.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research and Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.6 SWOT Analysis
7.8 Cubic Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research and Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisition and Mergers:
7.9 LECIP Holdings Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Product Launches and Product Expansions:
7.1 Scheidt & Bachmann GmbH
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 3 Asia Pacific Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 4 Asia Pacific Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 5 Asia Pacific Smart Card Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 6 Asia Pacific Smart Card Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 7 Asia Pacific Optical Character Recognition Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Optical Character Recognition Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Near Field Communication Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Near Field Communication Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Other Technology Platform Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Other Technology Platform Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Hardware Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Hardware Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 17 Asia Pacific Software Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 18 Asia Pacific Software Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 19 Asia Pacific Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 20 Asia Pacific Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 21 Asia Pacific Railway Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 22 Asia Pacific Railway Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 23 Asia Pacific Toll Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 24 Asia Pacific Toll Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 25 Asia Pacific Parking Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 26 Asia Pacific Parking Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 27 Asia Pacific Bus Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 28 Asia Pacific Bus Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 29 Asia Pacific Others Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 30 Asia Pacific Others Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 31 Asia Pacific Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 32 Asia Pacific Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 33 China Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 34 China Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 35 China Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 36 China Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 37 China Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 38 China Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 39 China Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 40 China Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 41 Japan Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 42 Japan Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 43 Japan Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 44 Japan Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 45 Japan Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 46 Japan Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 47 Japan Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 48 Japan Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 49 India Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 50 India Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 51 India Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 52 India Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 53 India Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 54 India Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 55 India Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 56 India Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 57 South Korea Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 58 South Korea Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 59 South Korea Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 60 South Korea Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 61 South Korea Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 62 South Korea Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 63 South Korea Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 64 South Korea Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 65 Singapore Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 66 Singapore Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 67 Singapore Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 68 Singapore Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 69 Singapore Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 70 Singapore Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 71 Singapore Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 72 Singapore Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 73 Malaysia Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 74 Malaysia Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 75 Malaysia Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 76 Malaysia Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 77 Malaysia Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 78 Malaysia Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 79 Malaysia Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 80 Malaysia Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 81 Rest of Asia Pacific Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 82 Rest of Asia Pacific Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 83 Rest of Asia Pacific Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 84 Rest of Asia Pacific Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 85 Rest of Asia Pacific Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 86 Rest of Asia Pacific Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 87 Rest of Asia Pacific Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 88 Rest of Asia Pacific Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 89 Key Information – Omron Corporation
TABLE 90 key information – Atos Group
TABLE 91 Key Information – Dormakaba Holding AG
TABLE 92 Key Information – LG Corporation
TABLE 93 Key Information – NXP Semiconductors N.V.
TABLE 94 Key Information –Samsung Electronics Co., Ltd.
TABLE 95 key information – Thales Group S.A.
TABLE 96 Key Information – Cubic Corporation
TABLE 97 Key Information – LECIP Holdings Corporation
TABLE 98 key Information – Scheidt & Bachmann GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Omron Corporation
FIG 3 SWOT Analysis: Atos Group
FIG 4 Swot analysis: LG Corporation
FIG 5 Swot analysis: NXP semiconductors N.V.
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 SWOT Analysis: Thales Group S.A.
FIG 8 Recent strategies and developments: Cubic Corporation