HOME Top Market Reports Automated Passenger Counting and Information System Market: APC by Technology (Infrared, Stereoscopic Vision, Time-of-Flight), Application (Buses, Trains, Ferryboats), PIS by Systems, Application, and Geography - Global Forecast to 2022

Automated Passenger Counting and Information System Market: APC by Technology (Infrared, Stereoscopic Vision, Time-of-Flight), Application (Buses, Trains, Ferryboats), PIS by Systems, Application, and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2017
Report Code: SE 3279

 

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The automated passenger counting system market was valued at 105.3 Million in 2016 and is expected to reach USD 298.0 Million by 2022, growing at a CAGR of 18.6% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.

The passenger information system market was valued at 3.71 Billion in 2016 and is expected to reach USD 11.34 Billion by 2022, growing at a CAGR of 19.9% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.

This report provides a detailed analysis of the automated passenger counting and information system market based on APC technology, APC application, PIS type, PIS applications, and geography. The report forecasts the market size, in terms of value, of various segments with regard to four main regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). It strategically profiles the key players and comprehensively analyzes their market rankings and core competencies, along with the detailed competitive landscape for the market leaders.

The research methodology used to estimate and forecast the automated passenger counting and information system market begins with capturing data on key vendor revenue through the secondary research such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; white papers, journals, certified publications, articles from recognized authors; directories, and databases; Federal Transit Administration, Transit Cooperative Research Program, and Mass Transit. The bottom-up procedure has been employed to arrive at the overall size of the global automated passenger counting and information system market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure below:

Automated Passenger Counter and Passenger Information System Market

To know about the assumptions considered for the study, download the pdf brochure

The automated passenger counting and information system comprise raw material and component providers, product manufacturers, distributors, and end users. The players involved in the automated passenger counting and information system market include Iris-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), init innovation in traffic systems AG (Germany), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada).

Target Audience of the Report:

  • Raw material vendors
  • Component providers
  • Product and accessories manufacturers
  • Software providers
  •  Distributors
  • End-user segments such as retailers, supermarkets, shopping malls, transportation, corporates, banking and financial institutions, hospitality, sports and entertainment, and others.
  • Research organizations

 “This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the Report:

This research report categorizes the global automated passenger counting and information system market on the basis of APC technology, PIS type, APC application, PIS application, and geography.

Automated Passenger Counting System Market, by Technology:

  • Infrared
  • Stereoscopic Vision
  • Time-of-Flight
  • Others (treadle mats, IP cameras, monocular cameras)

Automated Passenger Counting System Market, by Application:

  • Buses
  • Trains
  • Ferry Boats

Automated Passenger Counting System Market, by Type:

  • Passenger Information Display Systems
  • Passenger Information Announcement Systems
  • Emergency Announcement Systems
  • Infotainment Systems
  • Passenger Information Mobile Application

Passenger Information System Market, by Application:

  • Railways
  • Roadways
  • Airways

Automated Passenger Counting and Information System Market, by Geography:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
                    2.1.2.4 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 39)
    4.1 Automated Passenger Counting and Information System Market, 2017–2022 (USD Million)
    4.2 Automated Passenger Counting System Market, By Technology
    4.3 Automated Passenger Counting System Market, By Region and Application
    4.4 Automated Passenger Counting System Market: Geographical Snapshot (2016)

5 Market Overview (Page No. - 46)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Automated Passenger Counting System Market, By Technology
           5.2.2 Passenger Information System Market, By Type
           5.2.3 Passenger Information System, By Device and Component
           5.2.4 Automated Passenger Counting System Market, By Application
           5.2.5 Passenger Information System Market, By Application
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Government Regulations Such as Requirement of Ridership Data From Transit Operators on A Regular Basis
                    5.3.1.2 Increased Adoption of Advanced Solutions in the Transport Sector
                    5.3.1.3 Advantages Offered By APC to Transit Operators in Optimizing Operational Cost
                    5.3.1.4 Increasing Demand for Real-Time Transit Information
           5.3.2 Restraints
                    5.3.2.1 Lack of Awareness of the Benefits Offered By Passenger Counting Systems in Some Countries
                    5.3.2.2 Poor Infrastructure for Installing Passenger Information Systems
           5.3.3 Opportunities
                    5.3.3.1 Evolving Automated Passenger Counting System Technologies
                    5.3.3.2 Ease of Integration of Automated Passenger Counting Systems With Other Solutions
                    5.3.3.3 Increasing Use of Internet-Based Services for Timely Transit Updates
           5.3.4 Challenges
                    5.3.4.1 Modifications Required in Existing Data Systems and Limited Knowhow Among Fleet Managers About the Analytics Software Used
                    5.3.4.2 Integrating Passenger Information System With Transit Vehicles

6 Industry Trends (Page No. - 56)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis: Automated Passenger Counting System Market
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Bargaining Power of Buyers
           6.3.3 Threat of Substitutes
           6.3.4 Threat of New Entrants
           6.3.5 Intensity of Competitive Rivalry
    6.4 Porter’s Five Forces Analysis: Passenger Information System Market
           6.4.1 Bargaining Power of Suppliers
           6.4.2 Bargaining Power of Buyers
           6.4.3 Threat of Substitutes
           6.4.4 Threat of New Entrants
           6.4.5 Intensity of Competitive Rivalry

7 Automated Passenger Counting System Market, By Technology (Page No. - 72)
    7.1 Introduction
    7.2 Infrared
    7.3 Stereoscopic Vision
    7.4 Time-Of-Flight
    7.5 Others

8 Automated Passenger Counting System Market, By Application (Page No. - 81)
    8.1 Introduction
    8.2 Buses
    8.3 Trains
    8.4 Ferry Boats

9 Passenger Information System Market, By Type (Page No. - 92)
    9.1 Introduction
    9.2 Passenger Information Display Systems
    9.3 Passenger Information Announcement Systems
    9.4 Emergency Communication Systems
    9.5 Infotainment Systems
    9.6 Passenger Information Mobile Application

10 Passenger Information System Market, By Application (Page No. - 101)
     10.1 Introduction
     10.2 Railways
     10.3 Roadways
     10.4 Airways

11 Passenger Information System, By Device and Component (Qualitative) (Page No. - 112)
     11.1 Introduction
     11.2 Multimedia Display
     11.3 Public Announcement Systems
     11.4 Networking and Communication Devices
     11.5 Sensors

12 Geographic Analysis for Automated Passenger Counting and Information System Market (Page No. - 113)
     12.1 Introduction
     12.2 North America
             12.2.1 U.S.
             12.2.2 Canada
             12.2.3 Mexico
     12.3 Europe
             12.3.1 Germany
             12.3.2 U.K.
             12.3.3 France
             12.3.4 Italy
             12.3.5 Rest of Europe
     12.4 APAC
             12.4.1 China
             12.4.2 Japan
             12.4.3 Australia
             12.4.4 India
             12.4.5 Rest of APAC (RoAPAC)
     12.5 Rest of the World
             12.5.1 Latin America
             12.5.2 Middle East and Africa (MEA)

13 Competitive Landscape (Page No. - 154)
     13.1 Market Player Ranking Analysis of the Automated Passenger Counting and Information System Market
     13.2 New Product Launches
     13.3 Agreements/Contracts/Collaborations/Partnerships
     13.4 Expansions
     13.5 Mergers & Acquisitions

14 Company Profile (Page No. - 159)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     14.1 Introduction
     14.2 Eurotech S.P.A.
     14.3 Dilax Intelcom GmbH
     14.4 Hella Aglaia Mobile Vision GmbH
     14.5 Infodev Electronic Designers International Inc.
     14.6 IRIS-GmbH
     14.7 Cisco Systems, Inc.
     14.8 Siemens AG
     14.9 Hitachi, Ltd.
     14.10 Huawei Technology Co., Ltd
     14.11 Innovation in Traffic Systems AG
     14.12 Clever Devices Ltd.
     14.13 Retail Sensing Ltd.
     14.14 Syncromatics Corp.
     14.15 Trapeze Group
     14.16 Start-Up Ecosystem
             14.16.1 IXXI
             14.16.2 Passio Technologies
             14.16.3 Traksat
             14.16.4 Postec Technology
             14.16.5 Ermetris Srl

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 193)
     15.1 Insights From Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details


List of Tables (70 Tables)

Table 1 Automated Passenger Counting System Market, By Technology
Table 2 Passenger Information System Market, By Type
Table 3 Passenger Information System, By Device and Component
Table 4 Automated Passenger Counting System Market, By Application
Table 5 Passenger Information System Market, By Application
Table 6 Automated Passenger Counting and Information System Market, 2014–2022 (USD Million)
Table 7 Automated Passenger Counting System Market, 2014–2022
Table 8 Automated Passenger Counting System Market, By Technology, 2014–2022 (USD Million)
Table 9 Automated Passenger Counting System Market for Infrared Technology, By Application, 2014–2022 (USD Million)
Table 10 Automated Passenger Counting System Market for Stereoscopic Vision, By Application, 2014–2022 (USD Million)
Table 11 Automated Passenger Counting System Market for Time-Of-Flight Technology, By Application, 2014–2022 (USD Million)
Table 12 Automated Passenger Counting System Market for Other Technologies, By Application, 2014–2022 (USD Million)
Table 13 Automated Passenger Counting System Market, By Application, 2014–2022 (USD Million)
Table 14 Automated Passenger Counting System Market, By Application, 2014–2022 (Thousand Units)
Table 15 Automated Passenger Counting System Market for Buses Application, 2014–2022
Table 16 Automated Passenger Counting System Market for Buses, By Technology, 2014–2022 (USD Million)
Table 17 Automated Passenger Counting System Market for Buses, By Region, 2014–2022 (USD Million)
Table 18 Automated Passenger Counting System Market for Trains (USD Million & Thousand Units), 2014–2022
Table 19 Automated Passenger Counting System Market for Trains, By Technology, 2014–2022 (USD Million)
Table 20 Automated Passenger Counting System Market for Trains, By Region, 2014–2022 (USD Million)
Table 21 Automated Passenger Counting System Market for Ferry Boats (USD Million & Thousand Units), 2014–2022
Table 22 Automated Passenger Counting System Market for Ferry Boats, By Technology, 2014–2022 (USD Million)
Table 23 Automated Passenger Counting System Market for Ferry Boats, By Region, 2014–2022 (USD Million)
Table 24 Passenger Information System Market, By Type, 2014–2022 (USD Million)
Table 25 Passenger Information System Market for Passenger Information Display Systems, By Application, 2014–2022 (USD Million)
Table 26 Passenger Information System Market for Passenger Information Announcement Systems, By Application, 2014–2022 (USD Million)
Table 27 Passenger Information System Market for Emergency Communication Systems, By Application, 2014–2022 (USD Million)
Table 28 Passenger Information System Market for Infotainment Systems, By Application, 2014–2022 (USD Million)
Table 29 Passenger Information System Market for Passenger Information Mobile Applications, By Application, 2014–2022 (USD Million)
Table 30 Passenger Information System Market, By Application, 2014–2022 (USD Million)
Table 31 Passenger Information System Market for Railways, By Type, 2014–2022 (USD Million)
Table 32 Passenger Information System Market for Railways, By Region, 2014–2022 (USD Million)
Table 33 Passenger Information System Market for Roadways, By Type, 2014–2022 (USD Million)
Table 34 Passenger Information System Market for Roadways, By Region, 2014–2022 (USD Million)
Table 35 Passenger Information System Market for Airways, By Type, 2014–2022 (USD Million)
Table 36 Passenger Information System Market for Airways, By Region, 2014–2022 (USD Million)
Table 37 Automated Passenger Counting System Market, By Region, 2014–2022 (USD Million)
Table 38 Automated Passenger Counting System Market, By Region, 2014–2022 (Thousand Units)
Table 39 Passenger Information System Market, By Region, 2014–2022 (USD Million)
Table 40 Automated Passenger Counting System Market in North America (USD Million & Thousand Units), 2014–2022
Table 41 Automated Passenger Counting System Market in North America, By Application, 2014–2022 (USD Million)
Table 42 Passenger Information System Market in North America, By Application, 2014–2022 (USD Million)
Table 43 Automated Passenger Counting and Information System Market in North America, By Country 2014–2022 (USD Million)
Table 44 Automated Passenger Counting System Market in North America, By Country, 2014–2022 (USD Million)
Table 45 Passenger Information System Market in North America, By Country, 2014–2022 (USD Million)
Table 46 Automated Passenger Counting System Market for Europe, 2014–2022
Table 47 Automated Passenger Counting System Market in Europe, By Application, 2014–2022 (USD Million)
Table 48 Passenger Information System Market in Europe, By Application, 2014–2022 (USD Million)
Table 49 Automated Passenger Counting and Information System Market in Europe, By Country, 2014–2022 (USD Million)
Table 50 Automated Passenger Counting System Market in Europe, By Country, 2014–2022 (USD Million)
Table 51 Automated Passenger Counting System Market in Europe, By Country, 2014–2022 (USD Million)
Table 52 Automated Passenger Counting System Market in APAC, 2014–2022
Table 53 Automated Passenger Counting System Market in APAC, By Application, 2014–2022 (USD Million)
Table 54 Passenger Information System Market in APAC, By Application, 2014–2022 (USD Million)
Table 55 Automated Passenger Counting and Information System Market in APAC, By Country, 2014–2022 (USD Million)
Table 56 Automated Passenger Counting System Market in APAC, By Country, 2014–2022 (USD Million)
Table 57 Passenger Information System Market in APAC, By Country, 2014–2022 (USD Million)
Table 58 Automated Passenger Counting and Information System Market for RoW, 2014–2022
Table 59 Automated Passenger Counting System Market in RoW (USD Million & Thousand Units), 2014–2022
Table 60 Automated Passenger Counting System Market in RoW, By Application, 2014–2022 (USD Million)
Table 61 Passenger Information System Market in RoW, By Application, 2014–2022 (USD Million)
Table 62 Automated Passenger Counting System Market in RoW, By Region, 2014–2022 (USD Million)
Table 63 Passenger Information System Market in RoW, By Region, 2014–2022 (USD Million)
Table 64 Latin America: Automated Passenger Counting and Information System Market, 2014–2022 (USD Million)
Table 65 Automated Passenger Counting and Information System Market in Middle East and Africa, 2014–2022 (USD Million)
Table 66 Key Player Ranking for the Automated Passenger Counting and Information System Market
Table 67 New Product Launches, 2013–2016
Table 68 Agreements/Joint Ventures/Partnerships, 2015–2016
Table 69 Expansions, 2015–2016
Table 70 Mergers & Acquisitions, 2014–2016


List of Figures (95 Figures)

Figure 1 Automated Passenger Counting System Market
Figure 2 Passenger Information System Market
Figure 3 Automated Passenger Counting and Information System Market: Process Flow of Market Size Estimation
Figure 4 Automated Passenger Counting and Information System Market: Research Design
Figure 5 Bottom-Up Approach to Arrive at the Market Size
Figure 6 Top-Down Approach to Arrive at the Market Size
Figure 7 Data Triangulation
Figure 8 Assumptions of the Research Study
Figure 9 Stereoscopic Vision Technology for Automated Passenger Counting System Market Expected to Dominate the Market During the Forecast Period
Figure 10 Passenger Information System Market for Infotainment Systems Expected to Dominate the Market During the Forecast Period
Figure 11 Automated Passenger Counting System Market, By Application (2017–2022)
Figure 12 Automated Passenger Counting System Market, By Geography, 2016
Figure 13 Passenger Information System Market, By Geography, 2016
Figure 14 Growth Opportunities for the Automated Passenger Counting System Market Between 2017 and 2022
Figure 15 Growth Opportunities for the Passenger Information System Market Between 2017 and 2022
Figure 16 Market for Stereoscopic Vision Technology Expected to Grow at the Highest Rate During the Forecast Period
Figure 17 Market for Passenger Information Mobile Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 18 North America Held the Major Share of the Automated Passenger Counting System Market in 2016
Figure 19 North America Held the Major Share of the Passenger Information System Market in 2016
Figure 20 The U.S. Held the Largest Share of the Automated Passenger Counting System Market in 2016
Figure 21 China, Japan, and India Expected to Witness the Highest Growth Rate for the Passenger Information System Market During the Forecast Period
Figure 22 Government Regulations Such as Requirement of Ridership Data From Transit Operators on A Regular Basis Drives the APC Market
Figure 23 Value Chain Analysis of the Automated Passenger Counting System Market: Major Value Added By Raw Material and Component Providers and Product Manufacturers
Figure 24 Value Chain Analysis of the Passenger Information System Market: Major Value Added By Component and Passenger Information System Providers
Figure 25 Porter’s Five Forces Analysis: Automated Passenger Counting System Market (2016)
Figure 26 Porter’s Five Forces Analysis: Automated Passenger Counting System Market
Figure 27 Impact Analysis of Bargaining Power of Suppliers
Figure 28 Impact Analysis of Bargaining Power of Buyers
Figure 29 Impact Analysis of Threat of Substitutes
Figure 30 Threat of New Entrants
Figure 31 Impact Analysis of Intensity of Competitive Rivalry
Figure 32 Porter’s Five Forces Analysis: Passenger Information System Market (2016)
Figure 33 Porter’s Five Forces Analysis: Passenger Information System Market
Figure 34 Impact Analysis of the Bargaining Power of Suppliers
Figure 35 Impact Analysis of the Bargaining Power of Buyers
Figure 36 Impact Analysis of Threat of Substitutes
Figure 37 Threat of New Entrants
Figure 38 Impact Analysis of Intensity of Competitive Rivalry
Figure 39 Automated Passenger Counting System Market Based on Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 40 Buses Application Expected to Lead the Infrared Passenger Counting System Market During the Forecast Period
Figure 41 Buses to Dominate the Market for Stereoscopic Vision Technology-Based Automated Passenger Counting Systems During the Forecast Period
Figure 42 Buses Expected to Witness the Highest Growth Rate for Time-Of-Flight Technology-Based Automated Passenger Counting Systems During the Forecast Period
Figure 43 Buses Expected to Witness the Highest Growth Rate for Automated Passenger Counting System Market Based on Other Technologies During the Forecast Period
Figure 44 Automated Passenger Counting System Market for Buses Expected to Grow at the Highest Rate During the Forecast Period
Figure 45 Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate for the Market for Buses During the Forecast Period
Figure 46 North America Expected to Lead the Automated Passenger Counting System Market for the Buses Application During the Forecast Period
Figure 47 Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate for the Trains Application During the Forecast Period
Figure 48 North America Expected to Lead the Automated Passenger Counting System Market for Trains During the Forecast Period
Figure 49 Market for Passenger Information Mobile Applications Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 50 Railways Expected to Lead the Passenger Information Display Systems Market During the Forecast Period
Figure 51 Railways to Dominate the Market for Passenger Information Announcement Systems During the Forecast Period
Figure 52 Roadways Expected to Witness the Highest Growth Rate for the Emergency Communication Systems Market During the Forecast Period
Figure 53 Roadways Expected to Witness the Highest Growth Rate for the Infotainment Systems Market During the Forecast Period
Figure 54 Roadways Expected to Witness the Highest Growth Rate for the Passenger Information Mobile Applications Market During the Forecast Period
Figure 55 Passenger Information System Market for Roadways Expected to Grow at the Highest Rate During the Forecast Period
Figure 56 Passenger Information Mobile Applications Expected to Witness the Highest Growth Rate for the Railways Application During the Forecast Period
Figure 57 North America Expected to Lead the Passenger Information System Market for Railways During the Forecast Period
Figure 58 Passenger Information Mobile Application Expected to Witness the Highest Growth Rate for Roadways During the Forecast Period
Figure 59 North America Expected to Lead the Passenger Information System Market for the Roadways Application During the Forecast Period
Figure 60 Passenger Information Display Systems Led the Market for the Airways Application in 2016
Figure 61 North America Expected to Lead the Passenger Information System Market for the Airways Application During the Forecast Period
Figure 62 Automated Passenger Counting System Market: Geographic Snapshot (2017–2022)
Figure 63 Passenger Information System Market: Geographic Snapshot (2017–2022)
Figure 64 APAC Market Expected to Witness the Highest Growth Rate for the Automated Passenger Counting System Market During the Forecast Period
Figure 65 Passenger Information System Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 66 North America: Automated Passenger Counting System Market Snapshot (2016–2022)
Figure 67 Buses Application to Dominate the Automated Passenger Counting System Market in North America During the Forecast Period
Figure 68 Railways Application Expected to Lead the Passenger Information System Market in North America During the Forecast Period
Figure 69 U.S. Expected to Lead the Automated Passenger Counting System Market in North America During the Forecast Period
Figure 70 U.S. Expected to Dominate the Passenger Information System Market in North America During the Forecast Period
Figure 71 Buses Application to Dominate the Automated Passenger Counting System Market in Europe During the Forecast Period
Figure 72 Railways Application to Lead the Passenger Information System Market in Europe During the Forecast Period
Figure 73 U.K. Expected to Witness the Highest Growth Rate in the European Automated Passenger Counting System Market During the Forecast Period
Figure 74 U.K. Expected to Show Highest Growth Rate in the European Passenger Information System Market Between 2017–2022
Figure 75 APAC: Automatic Passenger Counting System Market Snapshot (2016–2022)
Figure 76 APAC: Passenger Information System Market Snapshot (2016–2022)
Figure 77 Automated Passenger Counting System Market in APAC Expected to Be Led By China During the Forecast Period
Figure 78 China is Expected to Dominate Passenger Information System Market in APAC During the Forecast Period
Figure 79 Latin America Expected to Witness the Highest Growth Rate for the Automated Passenger Counting System Market in RoW During the Forecast Period
Figure 80 Latin America Expected to Dominate the Passenger Information System Market in RoW During the Forecast Period
Figure 81 Agreement, Contract, Collaboration, & Partnership Was the Key Growth Strategy Over the Last Four Years (2013–2016)
Figure 82 Battle for Market Share: Agreement, Contract, Collaboration, & Partnership Was the Key Strategy
Figure 83 Eurotech S.P.A.: Company Snapshot
Figure 84 SWOT Analysis: Eurotech S.P.A
Figure 85 SWOT Analysis: Dilax Intelcom GmbH
Figure 86 SWOT Analysis: Hella Aglaia Mobile Vision GmbH
Figure 87 SWOT Analysis: Infodev Electronic Designers International Inc.
Figure 88 SWOT Analysis: IRIS-GmbH
Figure 89 Cisco Systems, Inc.: Company Snapshot
Figure 90 SWOT Analysis: Cisco Systems, Inc.
Figure 91 Siemens Ag.: Company Snapshot
Figure 92 SWOT Analysis: Siemens Ag
Figure 93 Hitachi, Ltd.: Company Snapshot
Figure 94 Huawei Technologies Co., Ltd.: Company Snapshot
Figure 95 Innovation in Traffic Systems AG: Company Snapshot

The automated passenger counting system market is expected to reach USD 298.0 Million by 2022, at a CAGR of 18.6% between 2017 and 2022. The passenger information system market was valued at USD 3.71 Billion in 2016 and is expected to reach USD 11.34 Billion by 2022, at a CAGR of 19.9% between 2017 and 2022. Factors such as the increasing demand for real-time transit information, government regulations such as requirement of ridership data from transit operators on regular basis, advantages offered by APC to transit operators in optimizing operational cost, and increased adoption of advanced solutions in transport sector would provide ample growth opportunities for the automated passenger counting and information system market in the future.

The market for the stereoscopic vision technology is expected to grow at a significant rate for the automated passenger counting system market during the forecast period. The stereoscopic vision technology offers high accuracy during high-volume traffic. Its accuracy is unaffected even in tough environmental conditions such as varying environments of light, heat, and shadows; it can easily distinguish passengers from luggage and cover large entrance areas.

The market for passenger information mobile applications is expected to grow at the highest rate for passenger information systems during the forecast period. Some of the driving factors for the growth of passenger information mobile applications are the advancements in technology, increasing use of smartphones among passengers, and the availability of mobile applications to access information irrespective of the location, view maps, easily access station and stop layouts, detailed information including schedules, fare, route information, and so on.

The buses application is expected to lead the automated passenger counting systems market during the forecast period due to the growing number of buses in the transportation sector. Automated passenger counting systems are increasingly being adopted in buses to ensure a reliable and safe service offering as well as for enhancing the transit operations. The increasing awareness of the benefits offered by automated passenger counting systems among fleet operators further drives the use of APC in buses. Moreover, bus transit operators are interested in determining the passenger traveling pattern to schedule the bus time and route, which further drives the adoption of passenger counting systems in buses.

The roadways application is expected to lead the passenger information systems 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.  The passenger information systems help bus agencies to manage bus operations efficiently, handle emergency situations effectively, and monitor schedules, late trips, speed violations, and so on. These are some of the factors driving the increasing use of passenger information systems in the roadways application.

Automated Passenger Counter and Passenger Information System Market

The market in APAC is expected to grow at the highest rate during the forecast period. The healthy economic growth and the increasing urbanization are some of the driving factors 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. The increasing adoption of automated passenger counting and information systems in transit vehicles—including trains, metros, and buses—in countries such as India, Australia, China, and others drives the growth of the automated passenger counting and information system market.

Poor infrastructure for installing passenger information systems and the lack of awareness of the benefits offered by passenger counting systems in some countries are some of the factors restraining the growth of the market.

The key strategies adopted by major players in the market were agreements, contracts, collaborations, and partnerships. For instance, in August 2016, Syncromatics Corp. (U.S.) signed a contract with Los Angeles County Metropolitan Authority to design and install real-time bus information signs and operate on 300 buses. These strategies accounted for 38% of all strategies. Companies such as Iris-GmbH (Germany), init innovation in traffic systems AG (Germany), Syncromatics Corp. (U.S.), Trapeze Group (Canada), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), and Siemens AG (Germany) are major companies that adopted these strategies.

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