Global Smart Cards Automated Fare Collection Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Report ID: GIR2212260092 | Category: Machinery & Equipment | Pages: 111 | Format: PDF | Published Date: January 03,2023

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Report Summary

Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.

AFC System consists of Central Computer System, Station Computer System and Station Equipment. 

Central Computer System
Central Computer System is the AFC management center which is responsible for generating reports, receiving ticketing data from station computer, sending control command, downloading system parameter and ticket price list to station computer.

Station Computer System
The primary role of the Station Computer is to provide the usage data collection, downloading of fare related parameters to the AFC equipment; control, monitoring and management of the AFC equipment. Its secondary role is to provide the station reports (if required) and support the sales office and customer service. It is able to function independently should there be a failure in the communication link with the central computer.

Station Equipment
These are all the front-end equipment/devices, which are used to serve the commuter. These consist of Ticket Vending Machines, Fare Gates, Booking Office Machines, Mobile and Hand-Held Terminals and Ticket Recharging Machines etc. Typically the requirement for each implementation may vary in terms of the quantity of the equipment/devices.

Smart Cards
Smart Cards generally support faster and more flexible fare collection systems. Contactless or Proximity Smart Cards permit faster processing times than magnetic stripe cards or contact smart cards. They also facilitate processing of differentiated fare structures such as time-based and distance-based fare structures and fare integration across several modes and operators. A hybrid or "dual-interface" smart card can expand the application of smart cards beyond transit.

This report focus on the Station Equipment (terminal equipment) of Smart Cards Automated Fare Collection System.
According to our (Global Info Research) latest study, the global Smart Cards Automated Fare Collection Systems market size was valued at USD 1269.4 million in 2022 and is forecast to a readjusted size of USD 2235.7 million by 2029 with a CAGR of 8.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cubic Corporation, The Nippon Signal and Omron Corporation are the leading manufacturers of Smart Cards Automated Fare Collection Systems, with a combined market share of about 45%.
North America and Japan are the major markets, each accounting for about 30% of the market share.
This report is a detailed and comprehensive analysis for global Smart Cards Automated Fare Collection Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Smart Cards Automated Fare Collection Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Cards Automated Fare Collection Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Cards Automated Fare Collection Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cubic Corporation, The Nippon Signal, Omron Corporation, Scheidt & Bachmann and Thales Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Smart Cards Automated Fare Collection Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Farebox
    Ticket Vending Machines (TVM)
    Validator
Market segment by Application
    Off-Board
    On-Board
Major players covered
    Cubic Corporation
    The Nippon Signal
    Omron Corporation
    Scheidt & Bachmann
    Thales Group
    INIT
    Huaming
    Xerox
    GFI Genfare
    LECIP
    Shanghai Potevio Company Limited
    Gunnebo
    GMV
    Huahong Jitong
    GRG Banking
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Cards Automated Fare Collection Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Cards Automated Fare Collection Systems, with price, sales, revenue and global market share of Smart Cards Automated Fare Collection Systems from 2018 to 2023.
Chapter 3, the Smart Cards Automated Fare Collection Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Cards Automated Fare Collection Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Smart Cards Automated Fare Collection Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Cards Automated Fare Collection Systems.
Chapter 14 and 15, to describe Smart Cards Automated Fare Collection Systems sales channel, distributors, customers, research findings and conclusion.

1 Market Overview
    1.1 Product Overview and Scope of Smart Cards Automated Fare Collection Systems
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Smart Cards Automated Fare Collection Systems Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Farebox
        1.3.3 Ticket Vending Machines (TVM)
        1.3.4 Validator
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Smart Cards Automated Fare Collection Systems Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Off-Board
        1.4.3 On-Board
    1.5 Global Smart Cards Automated Fare Collection Systems Market Size & Forecast
        1.5.1 Global Smart Cards Automated Fare Collection Systems Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Smart Cards Automated Fare Collection Systems Sales Quantity (2018-2029)
        1.5.3 Global Smart Cards Automated Fare Collection Systems Average Price (2018-2029) 
2 Manufacturers Profiles
    2.1 Cubic Corporation
        2.1.1 Cubic Corporation Details
        2.1.2 Cubic Corporation Major Business
        2.1.3 Cubic Corporation Smart Cards Automated Fare Collection Systems Product and Services
        2.1.4 Cubic Corporation Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Cubic Corporation Recent Developments/Updates
    2.2 The Nippon Signal
        2.2.1 The Nippon Signal Details
        2.2.2 The Nippon Signal Major Business
        2.2.3 The Nippon Signal Smart Cards Automated Fare Collection Systems Product and Services
        2.2.4 The Nippon Signal Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 The Nippon Signal Recent Developments/Updates
    2.3 Omron Corporation
        2.3.1 Omron Corporation Details
        2.3.2 Omron Corporation Major Business
        2.3.3 Omron Corporation Smart Cards Automated Fare Collection Systems Product and Services
        2.3.4 Omron Corporation Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Omron Corporation Recent Developments/Updates
    2.4 Scheidt & Bachmann
        2.4.1 Scheidt & Bachmann Details
        2.4.2 Scheidt & Bachmann Major Business
        2.4.3 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Product and Services
        2.4.4 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Scheidt & Bachmann Recent Developments/Updates
    2.5 Thales Group
        2.5.1 Thales Group Details
        2.5.2 Thales Group Major Business
        2.5.3 Thales Group Smart Cards Automated Fare Collection Systems Product and Services
        2.5.4 Thales Group Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Thales Group Recent Developments/Updates
    2.6 INIT
        2.6.1 INIT Details
        2.6.2 INIT Major Business
        2.6.3 INIT Smart Cards Automated Fare Collection Systems Product and Services
        2.6.4 INIT Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 INIT Recent Developments/Updates
    2.7 Huaming
        2.7.1 Huaming Details
        2.7.2 Huaming Major Business
        2.7.3 Huaming Smart Cards Automated Fare Collection Systems Product and Services
        2.7.4 Huaming Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Huaming Recent Developments/Updates
    2.8 Xerox
        2.8.1 Xerox Details
        2.8.2 Xerox Major Business
        2.8.3 Xerox Smart Cards Automated Fare Collection Systems Product and Services
        2.8.4 Xerox Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Xerox Recent Developments/Updates
    2.9 GFI Genfare
        2.9.1 GFI Genfare Details
        2.9.2 GFI Genfare Major Business
        2.9.3 GFI Genfare Smart Cards Automated Fare Collection Systems Product and Services
        2.9.4 GFI Genfare Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 GFI Genfare Recent Developments/Updates
    2.10 LECIP
        2.10.1 LECIP Details
        2.10.2 LECIP Major Business
        2.10.3 LECIP Smart Cards Automated Fare Collection Systems Product and Services
        2.10.4 LECIP Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 LECIP Recent Developments/Updates
    2.11 Shanghai Potevio Company Limited
        2.11.1 Shanghai Potevio Company Limited Details
        2.11.2 Shanghai Potevio Company Limited Major Business
        2.11.3 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Product and Services
        2.11.4 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Shanghai Potevio Company Limited Recent Developments/Updates
    2.12 Gunnebo
        2.12.1 Gunnebo Details
        2.12.2 Gunnebo Major Business
        2.12.3 Gunnebo Smart Cards Automated Fare Collection Systems Product and Services
        2.12.4 Gunnebo Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Gunnebo Recent Developments/Updates
    2.13 GMV
        2.13.1 GMV Details
        2.13.2 GMV Major Business
        2.13.3 GMV Smart Cards Automated Fare Collection Systems Product and Services
        2.13.4 GMV Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 GMV Recent Developments/Updates
    2.14 Huahong Jitong
        2.14.1 Huahong Jitong Details
        2.14.2 Huahong Jitong Major Business
        2.14.3 Huahong Jitong Smart Cards Automated Fare Collection Systems Product and Services
        2.14.4 Huahong Jitong Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Huahong Jitong Recent Developments/Updates
    2.15 GRG Banking
        2.15.1 GRG Banking Details
        2.15.2 GRG Banking Major Business
        2.15.3 GRG Banking Smart Cards Automated Fare Collection Systems Product and Services
        2.15.4 GRG Banking Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 GRG Banking Recent Developments/Updates
3 Competitive Environment: Smart Cards Automated Fare Collection Systems by Manufacturer
    3.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Smart Cards Automated Fare Collection Systems Revenue by Manufacturer (2018-2023)
    3.3 Global Smart Cards Automated Fare Collection Systems Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Smart Cards Automated Fare Collection Systems by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Smart Cards Automated Fare Collection Systems Manufacturer Market Share in 2022
        3.4.2 Top 6 Smart Cards Automated Fare Collection Systems Manufacturer Market Share in 2022
    3.5 Smart Cards Automated Fare Collection Systems Market: Overall Company Footprint Analysis
        3.5.1 Smart Cards Automated Fare Collection Systems Market: Region Footprint
        3.5.2 Smart Cards Automated Fare Collection Systems Market: Company Product Type Footprint
        3.5.3 Smart Cards Automated Fare Collection Systems Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
    4.1 Global Smart Cards Automated Fare Collection Systems Market Size by Region
        4.1.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2029)
        4.1.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2029)
        4.1.3 Global Smart Cards Automated Fare Collection Systems Average Price by Region (2018-2029)
    4.2 North America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.3 Europe Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.4 Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.5 South America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.6 Middle East and Africa Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
5 Market Segment by Type
    5.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    5.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Type (2018-2029)
    5.3 Global Smart Cards Automated Fare Collection Systems Average Price by Type (2018-2029)
6 Market Segment by Application
    6.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    6.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Application (2018-2029)
    6.3 Global Smart Cards Automated Fare Collection Systems Average Price by Application (2018-2029)
7 North America
    7.1 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    7.2 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    7.3 North America Smart Cards Automated Fare Collection Systems Market Size by Country
        7.3.1 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        7.3.2 North America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
    8.1 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    8.2 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    8.3 Europe Smart Cards Automated Fare Collection Systems Market Size by Country
        8.3.1 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        8.3.2 Europe Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
    9.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Smart Cards Automated Fare Collection Systems Market Size by Region
        9.3.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
    10.1 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    10.2 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    10.3 South America Smart Cards Automated Fare Collection Systems Market Size by Country
        10.3.1 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        10.3.2 South America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
    11.1 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Smart Cards Automated Fare Collection Systems Market Size by Country
        11.3.1 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
    12.1 Smart Cards Automated Fare Collection Systems Market Drivers
    12.2 Smart Cards Automated Fare Collection Systems Market Restraints
    12.3 Smart Cards Automated Fare Collection Systems Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
    13.1 Raw Material of Smart Cards Automated Fare Collection Systems and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Smart Cards Automated Fare Collection Systems
    13.3 Smart Cards Automated Fare Collection Systems Production Process
    13.4 Smart Cards Automated Fare Collection Systems Industrial Chain
14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Smart Cards Automated Fare Collection Systems Typical Distributors
    14.3 Smart Cards Automated Fare Collection Systems Typical Customers
15 Research Findings and Conclusion
16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

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Global Smart Cards Automated Fare Collection Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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