Global Automated Passenger Counting and Information System Market, By Technology (Infrared, Stereoscopic Vision, Time-of-Flight, Others), Type (Passenger Informed Display Systems, Passenger Informed Announcement Systems, Emergency Announcement Systems, Infotainment Systems and Passenger Information Mobile Application), Device and Component (Sensors, Public Announcement Systems, Multimedia Display, Networking and Communication Devices), Application (Roadways, Railways, Airways, Waterways), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Automated Passenger Counting and Information System Market
The automated passenger counting and information system market is expected to witness market growth at a rate of 18.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automated passenger counting and information system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the utilization of internet-based services for timely transit updates to passengers and public transport operators is escalating the growth of automated passenger counting and information system market.
Automated passenger counting systems are referred to as electronic machines that are utilized for counting the number of passengers that board and leave at each stop. This system has substituted schedule checkers that were utilized previously for manually collect ridership information.
Major factors that are expected to boost the growth of the automated passenger counting and information system market in the forecast period are the technologies development in the field of passenger information systems is further anticipated to propel the growth of the automated passenger counting and information system market. Moreover, the rise in the urbanization is further estimated to cushion the growth of the automated passenger counting and information system market. On the other hand, rise in the initial cost of the product is further projected to impede the growth of the automated passenger counting and information system market in the timeline period.
In addition, alterations needed in existing data systems for deploying automated passenger counting systems will further provide potential opportunities for the growth of the automated passenger counting and information system market in the coming years. However, the addition of passenger information systems with systems of transit vehicles might further challenge the growth of the automated passenger counting and information system market in the near future.
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Global Automated Passenger Counting and Information System Market Scope and Market Size
The automated passenger counting and information system market is segmented on the basis of technology, type, device and component and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the automated passenger counting and information system market is segmented into infrared, stereoscopic vision, time-of-flight and others.
- On the basis of type, the automated passenger counting and information system market is segmented into passenger informed display systems, passenger informed announcement systems, emergency announcement systems, infotainment systems and passenger information mobile application.
- On the basis of device and component, the automated passenger counting and information system market is segmented into sensors, public announcement systems, multimedia display, networking and communication devices.
- On the basis of application, the automated passenger counting and information system market is segmented into roadways, railways, airways and waterways.
Automated Passenger Counting and Information System Market Country Level Analysis
The automated passenger counting and information system market is segmented on the basis of technology, type, device and component and application.
The countries covered in the automated passenger counting and information system market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Asia-Pacific dominates the automated passenger counting and information system market due to the rise in the adoption of passenger counting systems in transit vehicles to offer reliable, secure, and timely transportation services. Furthermore, the increase in the population to create the need for smart transportation networks to ensure reliable and secure traveling experience for passengers will further boost the growth of the automated passenger counting and information system market in the region during the forecast period. North America is projected to observe significant amount of growth in the automated passenger counting and information system market due to the technological developments in the field of passenger information systems. Moreover, the government regulations supporting widespread installation of the automated passenger counting systems is further anticipated to propel the growth of the automated passenger counting and information system market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automated Passenger Counting and Information System Market Share Analysis
The automated passenger counting and information system market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the automated passenger counting and information system market.
The major players operatimg in the automated passenger counting and information system market report are iris-GmbH, HELLA Aglaia Mobile Vision GmbH, DILAZ Intercom GmbH, EUROTECH, innovation in traffic systems SE, Clever Devices Ltd, Retail Sensing Ltd., Syncromatics Corp, Trapeze Software Inc., Infodev Electronic Designers International Inc., Siemens AG, Cisco Systems Inc., Huawei Technologies Co., Ltd., Hitachi, Ltd., Ermetris SRL, Postec Technology, Passiotech Technologies among others.
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