The Asia Pacific Automated Passenger Counting and Information System Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
Placing a people counter sensor over each door is how passenger counting works. As passengers enter and exit, the sensors detect them. The counting data is instantaneously uploaded to the cloud platform as actionable reports, giving users real-time access to valuable data and data-driven decision-making. Instantaneous data can trigger real-time actions on a vehicle or route basis using the reporting screens. At the same time, historical reports are the most crucial data for optimizing routes, vehicles, and stops. A passenger counting system can assure effective vehicle utilization while increasing passenger pleasure by detecting and evaluating passenger density at various sizes.
Government regulations requiring transit data, rising demand for innovative transportation technologies, the introduction of automated passenger counting systems to reduce transit agencies' operating costs, and rising demand for real-time transit data from transit providers are all driving the automated passenger counting system market forward. Automated passenger counting systems are in high demand in a variety of applications
To keep up with the changing development dynamic, China's transportation sector has taken a new route, providing high-quality domestic development and high-standard opening up. China is seizing a window of opportunity to improve infrastructure, update services, and restructure in order to create a complete transportation system that is intelligent, safe, and environmentally friendly. The growth in the public transport infrastructure will create a growth environment for automated passenger counting and information systems market.
In growing its transportation business, China is committed to meeting public needs and serving the public interest. China's strategy for regulating and growing the industry in the new era is people-centered, based on public collaboration and participation for the benefit of all. It is dedicated to constructing the transportation system according to people's needs. China must focus its efforts on resolving the most pressing, immediate transportation concerns that people are concerned about, encouraging them to participate in transportation governance, and boosting their initiative and ingenuity.
The China market dominated the Asia Pacific Automated Passenger Counting and Information System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,083.4 million by 2028. The Japan market is anticipated to grow at a CAGR of 9% during (2022 - 2028). Additionally, The India market would display a CAGR of 10.3% during (2022 - 2028).
Based on Type, the market is segmented into Passenger Information Systems and Automated Passenger Counting Systems. On the basis of type, the Passenger Information System Market is segmented into Display Systems, Announcement & Emergency Communication Systems, Infotainment Systems, and Mobile Applications. On the basis of Application, the Passenger Information System Market is segmented into Railways, Roadways, and Airways. On the basis of Application, the Automated Passenger Counting Systems Market is segmented into Buses, Ferries, and Trains & Trams. On the basis of Technology, the Automated Passenger Counting Systems Market is segmented into Infrared, Stereoscopic vision, Time of Flight, 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: The Worldwide Automated Passenger Counting and Information System Market is Projected to reach USD 13.2 Billion by 2028, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EUROTECH S.p.A., INIT Innovation in Traffic Systems SE, Cisco Systems, Inc., Samsung Electronics Co., Ltd., Hitachi, Ltd., Siemens AG, HELLA Aglaia Mobile Vision GmbH, Infodev Electronic Designers International, Inc., and DILAX Intelcom GmbH.
By Type
PIS Market, By Type
PIS Market, By Application
APC Systems Market, By Application
APC Systems Market, By Technology
By Country
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