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Global Automated Fare Collection Market: By Application: Rail and Transport, Parking, Theme Park, Others; By Service Type: Consulting, System Implementation, Training, Others; By Technology; By Industry; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Automated Fare Collection Market Outlook

The global automated fare collection market is expected to expand from USD 7.2 billion in 2020 to USD 15.2 billion by 2026, growing at a CAGR of 13.3% during the forecast period of 2022-2027. The market is being driven by the increasing adoption of cashless fare collection system in the transportation sector, globally.


Global Automated Fare Collection Market

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Properties and Applications

Automated fare collection is a smart technique for payment of public transport systems. It provides travellers the access to multiple modes of transportation such as bus, and taxi for commutation by using tickets to pass through automated electronic system. It offers reliable and effective government transport payment techniques. It is used for rail and transport, parking, and theme park, among others.


Global Automated Fare Collection Market By Application

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The automated fare collection sector can be divided based on:

  • Industry
    • Transportation and Logistics
    • Government
    • Media & Entertainment
    • Retail
    • Others     
  • Service Type
    • Consulting    
    • System Implementation
    • Training, Support & Maintenance 
    • Managed Services
  • Technology
    • Near-Field Communication (NFC)
    • Magnetic Stripes
    • Others

The EMR report looks into the regional automated fare collection industry, which are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.


Global Automated Fare Collection Market By Region

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Market Analysis

The global automated fare collection industry is being driven by rising demand for solutions enabling congestion-free traffic. The market is further expanding with the rising government emphasis on investment of automated fare collection. The other factors like the benefit from cashless travel facility and decrease in environmental pollution are providing further impetus to the market. Slow growth of the industry in weak economies due to high installation cost might affect the growth of the global automated fare collection sector.


Competitive Landscape

The report presents a detailed analysis of the following key players in the global automated fare collection Industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Advanced Card Systems Limited
  • Cubic Corporation
  • LG CNS
  • NXP Semiconductors N.V.
  • OMRON Corporation
  • SAMSUNG SDS America, Inc.
  • Scheidt & Bachmann GmbH
  • Thales Group
  • LECIP Holdings Corporation

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.


Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Service Type, Technology, Industry, Region
Breakup by Application Rail and Transport, Parking, Theme Park, Others
Breakup by Service Type Consulting, System Implementation, Training, Support & Maintenance, Managed Services
Breakup by Technology Near-Field Communication (NFC), Magnetic Stripes, Others
Breakup by Industry Transportation and Logistics, Government, Media & Entertainment, Retail, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Advanced Card Systems Limited, Cubic Corporation, LG CNS, NXP Semiconductors N.V., OMRON Corporation, SAMSUNG SDS America, Inc, Scheidt & Bachmann GmbH, Thales Group, LECIP HOLDINGS CORPORATION, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.


Key Questions Answered in the Market Report

  • How has the global automated fare collection industry performed in the previous years (2017-2021)?
  • What is the forecasted assessment of the market for 2022-2027?
  • What are the major drivers for the historical (2017-2021) and forecast (2022-2027) periods?
  • What are the major constraints for the historical (2017-2021) and forecast (2022-2027) periods?
  • What are the major demand indicators of the global market?
  • What is the degree of competition in the global market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Automated Fare Collection Market
    4.1    Global Automated Fare Collection Historical Market (2017-2021) & Forecast (2022-2027)
    4.2    Global Automated Fare Collection Market Breakup by Application 
        4.2.1    Rail and Transport
        4.2.2    Parking
        4.2.3    Theme Park 
        4.2.4    Others
    4.3    Global Automated Fare Collection Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
        4.3.1    Rail and Transport
        4.3.2    Parking
        4.3.3    Theme Park 
        4.3.4    Others
    4.4    Global Automated Fare Collection Market Breakup by Service Type
        4.4.1    Consulting    
        4.4.2    System Implementation
        4.4.3    Training, Support & Maintenance 
        4.4.4    Managed Services
    4.5    Global Automated Fare Collection Market Breakup by Service Type: Historical Market (2017-2021) & Forecast (2022-2027)
        4.5.1    Consulting    
        4.5.2    System Implementation
        4.5.3    Training, Support & Maintenance 
        4.5.4    Managed Services
    4.6    Global Automated Fare Collection Market Breakup by Technology
        4.6.1    Near-Field Communication (NFC)
        4.6.2    Magnetic Stripes
        4.6.3    Others
    4.7    Global Automated Fare Collection Market Breakup by Technology: Historical Market (2017-2021) & Forecast (2022-2027)
        4.7.1    Near-Field Communication (NFC)
        4.7.2    Magnetic Stripes
        4.7.3    Others 
    4.8    Global Automated Fare Collection Market Breakup by Industry
        4.8.1    Transportation and Logistics
        4.8.2    Government
        4.8.3    Media & Entertainment
        4.8.4    Retail
        4.8.5    Others
    4.9    Global Automated Fare Collection Market Breakup by Industry: Historical Market (2017-2021) & Forecast (2022-2027)
        4.9.1    Transportation and Logistics
        4.9.2    Government
        4.9.3    Media & Entertainment
        4.9.4    Retail
        4.9.5    Others 
    4.10    Global Automated Fare Collection Market Breakup by Region
        4.10.1    North America
      United States of America
        4.10.2    Europe
      United Kingdom
        4.10.3    Asia Pacific
        4.10.4    Latin America
        4.10.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
    4.11     Global Automated Fare Collection Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        4.11.1    North America
      United States of America
        4.11.2    Europe
      United Kingdom
        4.11.3    Asia Pacific
        4.11.4    Latin America
        4.11.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
5    SWOT Analysis
        5.1    Overview
        5.2    Strengths
        5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1 Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Competitive Landscape & Supplier Analysis
    7.1    Advanced Card Systems Limited
    7.2    Cubic Corporation
    7.3    LG CNS
    7.4    NXP Semiconductors N.V.
    7.5    OMRON Corporation
    7.6    SAMSUNG SDS America, Inc
    7.7    Scheidt & Bachmann GmbH
    7.8    Thales Group
    7.10    Others
8    Industry Events and Developments

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