The Latin America, Middle East and Africa Automated Fare Collection System Market would witness market growth of 18.6% CAGR during the forecast period (2020-2026). Automated ticketing systems enable operators to introduce complex and customizable fare plans depending on the period or means of travel or the type of traveller. In addition, it helps carriers to respond to passengers' desires by customizing travel fare choices, including unrestricted travel passes, free intermodal transfers, and discounted passes at off-peak hours or in a particular mode. This fuel the development of the demand for automated face collection systems.
Electronic Toll Collection (ETC) systems-specialized AFC systems used on highways for the collection of tolls-are an indispensable component of smart transport projects. These programs allow transportation departments and transit network managers to reduce traffic congestion and increase the overall movement of traffic on main transit routes. These technologies are anticipated to be extensively adopted owing to their contactless payments processing capability and the growing amount of deployments to highway toll collection centers.
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 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Automated Fare Collection System Market in LAMEA is expected to register a CAGR of 18.6% 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 LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 Latin America, Middle East and Africa (LAMEA) Automated Fare Collection System Market, by Technology Platform
1.4.2 Latin America, Middle East and Africa (LAMEA) Automated Fare Collection System Market, by Component
1.4.3 Latin America, Middle East and Africa (LAMEA) Automated Fare Collection System Market, by End User
1.4.4 Latin America, Middle East and Africa (LAMEA) 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. LAMEA Automated Fare Collection System Market by Technology Platform
3.1 LAMEA Smart Card Automated Fare Collection System Market by Country
3.2 LAMEA Optical Character Recognition Automated Fare Collection System Market by Country
3.3 LAMEA Near Field Communication Automated Fare Collection System Market by Country
3.4 LAMEA Other Technology Platform Automated Fare Collection System Market by Country
Chapter 4. LAMEA Automated Fare Collection System Market by Component
4.1 LAMEA Hardware Automated Fare Collection System Market by Country
4.2 LAMEA Software Automated Fare Collection System Market by Country
Chapter 5. LAMEA Automated Fare Collection System Market by End Use
5.1 LAMEA Railway Automated Fare Collection System Market by Country
5.2 LAMEA Toll Automated Fare Collection System Market by Country
5.3 LAMEA Parking Automated Fare Collection System Market by Country
5.4 LAMEA Bus Automated Fare Collection System Market by Country
5.5 LAMEA Others Automated Fare Collection System Market by Country
Chapter 6. LAMEA Automated Fare Collection System Market by Country
6.1 Brazil Automated Fare Collection System Market
6.1.1 Brazil Automated Fare Collection System Market by Technology Platform
6.1.2 Brazil Automated Fare Collection System Market by Component
6.1.3 Brazil Automated Fare Collection System Market by End Use
6.2 Argentina Automated Fare Collection System Market
6.2.1 Argentina Automated Fare Collection System Market by Technology Platform
6.2.2 Argentina Automated Fare Collection System Market by Component
6.2.3 Argentina Automated Fare Collection System Market by End Use
6.3 UAE Automated Fare Collection System Market
6.3.1 UAE Automated Fare Collection System Market by Technology Platform
6.3.2 UAE Automated Fare Collection System Market by Component
6.3.3 UAE Automated Fare Collection System Market by End Use
6.4 Saudi Arabia Automated Fare Collection System Market
6.4.1 Saudi Arabia Automated Fare Collection System Market by Technology Platform
6.4.2 Saudi Arabia Automated Fare Collection System Market by Component
6.4.3 Saudi Arabia Automated Fare Collection System Market by End Use
6.5 South Africa Automated Fare Collection System Market
6.5.1 South Africa Automated Fare Collection System Market by Technology Platform
6.5.2 South Africa Automated Fare Collection System Market by Component
6.5.3 South Africa Automated Fare Collection System Market by End Use
6.6 Nigeria Automated Fare Collection System Market
6.6.1 Nigeria Automated Fare Collection System Market by Technology Platform
6.6.2 Nigeria Automated Fare Collection System Market by Component
6.6.3 Nigeria Automated Fare Collection System Market by End Use
6.7 Rest of LAMEA Automated Fare Collection System Market
6.7.1 Rest of LAMEA Automated Fare Collection System Market by Technology Platform
6.7.2 Rest of LAMEA Automated Fare Collection System Market by Component
6.7.3 Rest of LAMEA 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 LAMEA Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 3 LAMEA Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 4 LAMEA Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 5 LAMEA Smart Card Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 6 LAMEA Smart Card Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 7 LAMEA Optical Character Recognition Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 8 LAMEA Optical Character Recognition Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 9 LAMEA Near Field Communication Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 10 LAMEA Near Field Communication Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 11 LAMEA Other Technology Platform Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 12 LAMEA Other Technology Platform Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 13 LAMEA Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 14 LAMEA Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 15 LAMEA Hardware Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 16 LAMEA Hardware Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 17 LAMEA Software Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 18 LAMEA Software Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 19 LAMEA Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 20 LAMEA Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 21 LAMEA Railway Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 22 LAMEA Railway Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 23 LAMEA Toll Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 24 LAMEA Toll Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 25 LAMEA Parking Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 26 LAMEA Parking Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 27 LAMEA Bus Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 28 LAMEA Bus Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 29 LAMEA Others Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 30 LAMEA Others Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 31 LAMEA Automated Fare Collection System Market by Country, 2016 - 2019, USD Million
TABLE 32 LAMEA Automated Fare Collection System Market by Country, 2020 - 2026, USD Million
TABLE 33 Brazil Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 34 Brazil Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 35 Brazil Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 36 Brazil Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 37 Brazil Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 38 Brazil Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 39 Brazil Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 40 Brazil Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 41 Argentina Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 42 Argentina Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 43 Argentina Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 44 Argentina Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 45 Argentina Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 46 Argentina Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 47 Argentina Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 48 Argentina Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 49 UAE Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 50 UAE Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 51 UAE Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 52 UAE Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 53 UAE Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 54 UAE Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 55 UAE Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 56 UAE Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 57 Saudi Arabia Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 58 Saudi Arabia Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 59 Saudi Arabia Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 60 Saudi Arabia Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 61 Saudi Arabia Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 62 Saudi Arabia Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 63 Saudi Arabia Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 64 Saudi Arabia Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 65 South Africa Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 66 South Africa Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 67 South Africa Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 68 South Africa Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 69 South Africa Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 70 South Africa Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 71 South Africa Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 72 South Africa Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 73 Nigeria Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 74 Nigeria Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 75 Nigeria Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 76 Nigeria Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 77 Nigeria Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 78 Nigeria Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 79 Nigeria Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 80 Nigeria Automated Fare Collection System Market by End Use, 2020 - 2026, USD Million
TABLE 81 Rest of LAMEA Automated Fare Collection System Market, 2016 - 2019, USD Million
TABLE 82 Rest of LAMEA Automated Fare Collection System Market, 2020 - 2026, USD Million
TABLE 83 Rest of LAMEA Automated Fare Collection System Market by Technology Platform, 2016 - 2019, USD Million
TABLE 84 Rest of LAMEA Automated Fare Collection System Market by Technology Platform, 2020 - 2026, USD Million
TABLE 85 Rest of LAMEA Automated Fare Collection System Market by Component, 2016 - 2019, USD Million
TABLE 86 Rest of LAMEA Automated Fare Collection System Market by Component, 2020 - 2026, USD Million
TABLE 87 Rest of LAMEA Automated Fare Collection System Market by End Use, 2016 - 2019, USD Million
TABLE 88 Rest of LAMEA 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