Automated passenger counting systems are used to count the number of
boarding and alighting passengers on transit vehicles such as buses,
trains, and ferry boats. Automated passenger counting systems help
transit operators to analyze the traveling pattern of the passengers to
schedule the route and time of the vehicle. It also helps to improve the
transit services and operational efficiency of the service providers.
The automated passenger counting system market was valued at USD 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.
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The passenger information systems
provide real-time information such as expected arrival and departure
time, schedules, infotainment content, advertisements, and so on. PIS
helps improve the traveling experience of passengers and the quality of
the transit services, encouraging passengers to use these transit
services. 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.
The growth of the automated passenger counting and
information system market is propelled by factors such as the advantages
offered by APC to transit operators in optimizing operational cost,
increasing demand for real-time transit information, rising adoption of
advanced solutions in the transport sector, and government regulations
such as requirement of ridership data from transit operators on a
regular basis.
The key strategies adopted by major players in the
automated passenger counting and information system market include
agreements, contracts, collaborations, and partnerships. Companies such
as Iris-GmbH (Germany), init innovation in traffic systems AG (Germany),
Trapeze Group (Canada), Syncromatics Corp. (U.S.), Hitachi, Ltd.
(Japan), Huawei Technology Co., Ltd. (China), and Siemens AG (Germany)
are the major companies that adopted these strategies.
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Iris GmbH (Germany) is one of the leading players in
the automated passenger counting systems market. Iris-GmbH designs,
develops, produces, and installs opto-electronic sensors in vehicles for
passenger counting. The company uses the time-of-flight technology to
develop devices. The IRMA series of devices produced by the company are
widely used in the passenger counting market. In September 2016, the
company added new features to its IRMA MATRIX, an advanced and
revolutionary device which uses ToF technology for counting passengers
with high accuracy.
In 2016, the company established a new office in
Atlanta (U.S.) to serve the growing demand from the North American
automated passenger counting system market.
HELLA Aglaia Mobile Vision GmbH (Germany) is one of
the prominent players in the automated passenger counting system market,
offering 3D sensing products for the transport industry. High accuracy,
easy installation, and real-time data access are some of the features
of the passenger counters offered by this company.
In September 2016, the company launched APS-R-PoE, an
advanced passenger counter specially designed to meet the requirements
of the railway industry. The device is capable of bi-directional
counting, occupancy monitoring, internal data storage memory, and video
recording for verification. The device uses 3D stereo vision technology
for counting with over 98% accuracy.
The other companies involved in the automated
passenger counting and information system market include 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).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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