Mobile applications segment of the passenger information system market to grow at the highest rate from 2020 to 2025

 The report "Automated Passenger Counting System Market with COVID-19 Impact, by Technology (IR, ToF, Stereoscopic Vision), Passenger Information System Market by Type (Display System, Mobile Applications), Application and Region - Global Forecast to 2025", was valued at USD 155 million in 2019 and is projected to reach USD 245 million by 2025; it is expected to grow at a CAGR of 13.2% from 2020 to 2025. The passenger information system market was valued at USD 7.0 billion in 2019 and is projected to reach USD 8.9 billion by 2025; it is expected to grow at a CAGR of 12.5% during the forecast period.

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Government regulations regarding the requirement of transit data, surged demand for advanced solutions in the transportation sector, deployment of automated passenger counting systems to optimize operational costs of transit agencies, and increased demand for real-time transit information from passengers and proper fleet management by transit vehicle operators owing to COVID-19 are the key drivers for the growth of the automated passenger counting and information system market.

The automated passenger counting and information system market includes major Tier I and II players like iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), and Infodev Electronic Designers International Inc. (Canada). These players have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, and RoW. COVID-19 has impacted their businesses as well. Multiple manufacturing facilities of players have shut down due to COVID-19. According to primary respondents, the impact of COVID-19 is expected to be for the short-term; hence, the pandemic is assumed to prevail maximum until the fourth quarter of 2020. Thus, the extension of lockdowns owing to the COVID-19 in various countries worldwide has not been factored in this study

Increased demand for real-time transit information from passengers and proper fleet management by transit vehicle operators owing to COVID-19

The outbreak of the COVID-19 has made automated passenger counting more important than ever. The ability of these systems to show live occupancy figures in vehicles helps passengers to follow the social distancing recommendations while using public transport. Regulations limiting the number of onboard passengers in public transport have been introduced in a number of countries to ensure the safety of passengers and drivers. Video counting systems are also used for the purpose. They show the number of passengers in real-time on meters, smartphones, web browsers, etc. Cameras/sensor installed over doors of buses are linked to counting unit software, which detects the number of entries and exits in buses. These counters store passenger numbers without their identification so that their privacy is protected.

The stereoscopic vision segment of the automated passenger counting system market is projected to grow at the highest CAGR during the forecast period.

The stereoscopic vision technology has been gaining traction in the market for the past few years as it gathers accurate information from the high-volume traffic data. Moreover, this technology can also easily detect the direction wherein passengers are moving. The stereoscopic vision technology also enables bus operators to determine the actual number of passengers at each stop or during each trip. It helps in increasing revenues of bus operators as automated passenger counting systems enable crosschecking of the number of passengers against the issued tickets.

With automated passenger counts, bus companies can easily generate reports and monitor ridership trends over time for external funding agencies and transit authorities such as the Federal Transit Administration (FTA). As a number of bus companies are using automated passenger counting systems in their vehicles as a standard, the stereoscopic vision technology segment of the automated passenger counting system market is projected to grow at a significant rate in the coming years.

The buses segment is projected to lead the automated passenger counting system market from 2020 to 2025

Buses are a primary mode of public transport used in various countries such as the US, Canada, Germany, the UK, China, India, and Australia. They are equipped with passenger counting systems for reliable and safe service offerings, as well as for enhancing their transit operations. With automated passenger counting systems installed in buses, the transporters can determine the cost of passengers per mile and the number of passengers per driver. This data helps operators in making decisions for optimized operations. Hence, it has become a standard for bus operators to deploy passenger counting systems. The increasing adoption of intelligent transportation systems provides opportunities for the manufacturers of automated passenger counting systems as these systems are often implemented as a part of the intelligent transportation systems.

Mobile applications segment of the passenger information system market to grow at the highest rate from 2020 to 2025

The use of mobile applications is expected to rise substantially with significant advancements in technologies and increased use of smartphones among passengers. These applications provide passengers access to information irrespective of their location, enable them to view maps, and guide them to station and stop layouts. These features encourage new passengers to use public transit services by providing them remote access to detailed information regarding schedules, fares, routes, etc. For instance, in July 2020, the MetroWest Regional Transit Authority (MWRTA) of the US launched a new mobile app to allow users to communicate with the bus dispatchers of the transit authority and alert commuting shuttle bus drivers about train delays.

Automated passenger counting and information system market in APAC to grow at the highest rate from 2020 to 2025

The growth of the market in the APAC region can be attributed to the developing transportation sector, increasing number of buses and rails equipped with automated passenger counting and information systems. Moreover, the rising number of government initiatives to improve transportation services in APAC and surging investments in the transport sector transportation sector will drive growth. China and India are highly populated countries in the world. Thus, transit operators in these countries are adopting automated passenger counting and information systems to schedule routes and timing of public transport according to the requirements of passengers for the optimum utilization of their resources. The deployment of these systems enables the development of reliable and timely transportation services to a large population. The passenger information systems are used to convey schedules, route changes, and other real-time information such as arrival and departure time of vehicles, as well as delays, if any, to passengers.

iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (US), Siemens AG (Germany), Hitachi, Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), Innovation in Traffic Systems SE (Germany), BOE Technology Group Co., Ltd. (China), Clever Devices Ltd. (US), Ermetris SRL (Italy), EyeRide (US), Giken Trastem Co., Ltd. (Japan), GMV Syncromatics (US), LG Electronics (South Korea), Passio Technologies (US), Postec Technology (Brazil), r2p GmbH (Germany), Wabtec Corp. (US), and Xovis AG (Switzerland) are some key players operating in the automated passenger counting and passenger information system market.

Don’t miss out on business opportunities in Automated Passenger Counting System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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Buses segment of the automated passenger counting system market to grow at the highest CAGR during the forecast period

 The report "Automated Passenger Counting System Market with COVID-19 Impact, by Technology (IR, ToF, Stereoscopic Vision), Passenger Information System Market by Type (Display System, Mobile Applications), Application and Region - Global Forecast to 2025", was valued at USD 155 million in 2019 and is projected to reach USD 245 million by 2025; it is expected to grow at a CAGR of 13.2% from 2020 to 2025. The passenger information system market was valued at USD 7.0 billion in 2019 and is projected to reach USD 8.9 billion by 2025; it is expected to grow at a CAGR of 12.5% during the forecast period.

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Buses segment of the automated passenger counting system market to grow at the highest CAGR during the forecast period

Buses are a primary mode of public transport in various countries such as the US, Canada, Germany, the UK, China, India, and Australia. The continuous increase in the number of buses is leading to rising demand for automated passenger counting systems to be installed in them for reliable and safe service offerings, as well as for enhancing the efficiency of transit operations. Bus transit operators are interested in determining traveling patterns of passengers to schedule time and route of their buses. The intense competition among bus operators to enhance their service offerings and gain an increased number of passengers is driving the deployment of automated passenger counting systems in buses. Amid pandemic, it becomes necessary to know real-time seat occupancy in buses to ensure adequate social distancing is followed. Hence, it is expected that automated passenger counters will be implemented at a large-scale public transport in the coming years.

Government regulations regarding the requirement of transit data, surged demand for advanced solutions in the transportation sector, deployment of automated passenger counting systems to optimize operational costs of transit agencies, and increased demand for real-time transit information from passengers and proper fleet management by transit vehicle operators owing to COVID-19 are the key drivers for the growth of the automated passenger counting and information system market.

The automated passenger counting and information system market includes major Tier I and II players like iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), and Infodev Electronic Designers International Inc. (Canada). These players have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, and RoW. COVID-19 has impacted their businesses as well. Multiple manufacturing facilities of players have shut down due to COVID-19. According to primary respondents, the impact of COVID-19 is expected to be for the short-term; hence, the pandemic is assumed to prevail maximum until the fourth quarter of 2020. Thus, the extension of lockdowns owing to the COVID-19 in various countries worldwide has not been factored in this study

Automated passenger counting and information system market in APAC to grow at the highest rate from 2020 to 2025

The growth of the market in the APAC region can be attributed to the developing transportation sector, increasing number of buses and rails equipped with automated passenger counting and information systems. Moreover, the rising number of government initiatives to improve transportation services in APAC and surging investments in the transport sector transportation sector will drive growth. China and India are highly populated countries in the world. Thus, transit operators in these countries are adopting automated passenger counting and information systems to schedule routes and timing of public transport according to the requirements of passengers for the optimum utilization of their resources. The deployment of these systems enables the development of reliable and timely transportation services to a large population. The passenger information systems are used to convey schedules, route changes, and other real-time information such as arrival and departure time of vehicles, as well as delays, if any, to passengers.

iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (US), Siemens AG (Germany), Hitachi, Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), Innovation in Traffic Systems SE (Germany), BOE Technology Group Co., Ltd. (China), Clever Devices Ltd. (US), Ermetris SRL (Italy), EyeRide (US), Giken Trastem Co., Ltd. (Japan), GMV Syncromatics (US), LG Electronics (South Korea), Passio Technologies (US), Postec Technology (Brazil), r2p GmbH (Germany), Wabtec Corp. (US), and Xovis AG (Switzerland) are some key players operating in the automated passenger counting and passenger information system market.

Don’t miss out on business opportunities in Automated Passenger Counting System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Automated passenger counting and information system market in APAC to grow at highest CAGR during the forecast period

 The report "Automated Passenger Counting System Market with COVID-19 Impact, by Technology (IR, ToF, Stereoscopic Vision), Passenger Information System Market by Type (Display System, Mobile Applications), Application and Region - Global Forecast to 2025", was valued at USD 155 million in 2019 and is projected to reach USD 245 million by 2025; it is expected to grow at a CAGR of 13.2% from 2020 to 2025. The passenger information system market was valued at USD 7.0 billion in 2019 and is projected to reach USD 8.9 billion by 2025; it is expected to grow at a CAGR of 12.5% during the forecast period.

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Automated passenger counting and information system market in APAC to grow at highest CAGR during the forecast period

The market in APAC is projected to grow at the highest CAGR during the forecast period. The growth of the market in this region can be attributed to the increasing adoption of passenger counting systems in transit vehicles to provide reliable, secure, and timely transportation services. The large population base of countries such as China and India and the continuously increasing population of countries such as Australia create requirements for smart transportation networks to ensure reliable and secure traveling experience for passengers. The rapidly developing transportation sector and continuously increasing investments in it to enhance the public transit services, as well as the increased adoption of smart solutions in the transportation sector in APAC, act as growth opportunities for the providers of automated passenger counting and information systems.

The buses segment is projected to lead the automated passenger counting system market from 2020 to 2025

Buses are a primary mode of public transport used in various countries such as the US, Canada, Germany, the UK, China, India, and Australia. They are equipped with passenger counting systems for reliable and safe service offerings, as well as for enhancing their transit operations. With automated passenger counting systems installed in buses, the transporters can determine the cost of passengers per mile and the number of passengers per driver. This data helps operators in making decisions for optimized operations. Hence, it has become a standard for bus operators to deploy passenger counting systems. The increasing adoption of intelligent transportation systems provides opportunities for the manufacturers of automated passenger counting systems as these systems are often implemented as a part of the intelligent transportation systems.

Automated passenger counting and information system market in APAC to grow at the highest rate from 2020 to 2025

The growth of the market in the APAC region can be attributed to the developing transportation sector, increasing number of buses and rails equipped with automated passenger counting and information systems. Moreover, the rising number of government initiatives to improve transportation services in APAC and surging investments in the transport sector transportation sector will drive growth. China and India are highly populated countries in the world. Thus, transit operators in these countries are adopting automated passenger counting and information systems to schedule routes and timing of public transport according to the requirements of passengers for the optimum utilization of their resources. The deployment of these systems enables the development of reliable and timely transportation services to a large population. The passenger information systems are used to convey schedules, route changes, and other real-time information such as arrival and departure time of vehicles, as well as delays, if any, to passengers.

iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (US), Siemens AG (Germany), Hitachi, Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), Innovation in Traffic Systems SE (Germany), BOE Technology Group Co., Ltd. (China), Clever Devices Ltd. (US), Ermetris SRL (Italy), EyeRide (US), Giken Trastem Co., Ltd. (Japan), GMV Syncromatics (US), LG Electronics (South Korea), Passio Technologies (US), Postec Technology (Brazil), r2p GmbH (Germany), Wabtec Corp. (US), and Xovis AG (Switzerland) are some key players operating in the automated passenger counting and passenger information system market.

Don’t miss out on business opportunities in Automated Passenger Counting System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Automated Passenger Counting and Information System Market Size, Growth, Trend and Forecast to 2022

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 stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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).

About MarketsandMarkets™

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC. 
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Automated Passenger Counting and Information System Market: APC by Technology (Infrared, Stereoscopic Vision, Time-of-Flight) by 2022

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.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=17856390

 

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 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).

About MarketsandMarkets™

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
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USA : 1-888-600-6441

Automated Passenger Counting and Information System - Market leaders & their stratergies

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.

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).

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About MarketsandMarkets™

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Market Leader - Automated Passenger Counting and Information System Market

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.

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).

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About MarketsandMarkets

 

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Market Player Ranking Analysis of the Automated Passenger Counting and Information System Market

The factors driving the growth of the market include the increasing demand for real-time transit information, increased adoption of advanced solutions in the transport sector, advantages offered by APC to transit operators in optimizing operational cost, and government regulations such as the requirement of ridership data from transit operators on a regular basis.

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 is expected to reach USD 11.34 Billion by 2022, at a CAGR of 19.9% during forecast period.

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The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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).

“Stereoscopic vision technology expected to witness the highest growth for the automated passenger counting system market during the forecast period."

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

“Buses segment of the application expected to hold a major share of the automated passenger counting system market during the forecast period.”

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

“Railways application expected to hold a major share of the passenger information system market during the forecast period.”

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=17856390

 

About MarketsandMarkets

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Automated Passenger Counting System Market Worth 298.0 Million USD by 2022

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.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=17856390
 

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

“Buses segment of the application expected to hold a major share of the automated passenger counting system market during the forecast period.”

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

“Railways application expected to hold a major share of the passenger information system market during the forecast period.”

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

“APAC is expected to dominate the automated passenger counting and information system market between 2017 and 2022”

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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).

Inquiry Before Buying:-
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=17856390

 

About MarketsandMarkets

 

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Passenger Information System Market worth 11.34 Billion USD by 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.

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.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownload.asp?id=17856390

The factors driving the growth of the market include the increasing demand for real-time transit information, increased adoption of advanced solutions in the transport sector, advantages offered by APC to transit operators in optimizing operational cost, and government regulations such as the requirement of ridership data from transit operators on a regular basis.

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

“APAC is expected to dominate the automated passenger counting and information system market between 2017 and 2022”

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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).

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=17856390

 

About MarketsandMarkets 

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Automated Passenger Counting System Market Worth 298.0 Million USD by 2022 & PIS Market worth 11.34 Billion USD by 2022

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.

Download PDF Brochure:
http://www.marketsandmarkets.com/pdfdownload.asp?id=17856390

 

“Stereoscopic vision technology expected to witness the highest growth for the automated passenger counting system market during the forecast period."

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

“Buses segment of the application expected to hold a major share of the automated passenger counting system market during the forecast period.”

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

“Railways application expected to hold a major share of the passenger information system market during the forecast period.”

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

“APAC is expected to dominate the automated passenger counting and information system market between 2017 and 2022”

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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).

About MarketsandMarkets

 

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Automated Passenger Counting System Market Worth 298.0 Million USD by 2022 & Passenger Information System Market worth 11.34 Billion USD by 2022

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

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=17856390
 

“Stereoscopic vision technology expected to witness the highest growth for the automated passenger counting system market during the forecast period."

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

“Buses segment of the application expected to hold a major share of the automated passenger counting system market during the forecast period.”

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

“Railways application expected to hold a major share of the passenger information system market during the forecast period.”

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

“APAC is expected to dominate the automated passenger counting and information system market between 2017 and 2022”

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and 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 the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players 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). 

About MarketsandMarkets

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 5000 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com