Automated Passenger Counting System Market 2018 Global Leaders: Clever Devices, DILAX Intelcom GmbH, Hitachi, Huawei Technology, Retail Sensing, Syncromatics, Trapeze Group

Market Research Future published a research report on “Global Automated Passenger Counting System Market Research Report - Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022.

Market Dynamics:

Explosive Growth And Growing Complexity Of Travel And Tourism Is The Prime Driver Of The Market

The explosive growth of travel and tourism, increasing concern of passenger security, growing complexity, and means of travel, demand for real-time information, and customer satisfaction are the prime drivers of the market. Effective management of crowd help to mitigate concerns of security especially in public transport systems is an essential paradigm behind the adoption of passenger counting system.

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Development Of Automation And Sensor Technology, And Advent Of Analytics Is Expected To Be The Future Of The Market

The developments in automation and sensor technology, advent of analytics, benefits of price discovery, cost-effectiveness owing to automation, increasing necessity to achieve fleet optimization, demand for smart telematics solutions forecasting, business and operations intelligence gained by the advantage of the passenger counting systems are driving greater adoption. Elimination of errors resulting from manual paperwork, the convergence of information at a single platform and others are the technological drivers of the market. The real-time information presented by systems which help in forewarning about an untoward event, thereby contributing to take corrective action is another driver of the market. Development of greater functionality such as surveillance, capacity prediction, and others are also fuelling the demand.

The pricing of tickets and upgrading to real-time passenger information systems are the most extensive market opportunities for the automated passenger counting system market. The better accuracy and generation of transit use patterns by linking boarding and alighting data with stop or station location is another market opportunity.

Key Players

The key players of global Automated Passenger Counting System Market report include Ris-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), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada) and others.

Automated Passenger Counting System Global Market - Competitive Analysis
The market of automated passenger counting system appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Segments:

The Global automated passenger counting system market has been segmented on the basis of technology, application, end-users and region. By technology, the market has been bifurcated into infrared, stereoscopic vision, time-of-flight, ip cameras. On the basis of application, the market can be segmented as railways, roadways, airways. On the basis of end-users the market can be segmented into buses, trains, ferry boats among others. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.

On the basis of application, the market can be segmented into Railways, Roadways, Airways . Out of these, railways accounted for the largest market share because passenger information systems provide real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services.

Regional Analysis:

Regionally, North-America accounted for the largest market share especially in the countries such as U.S. because it was the early adopters of automated passenger counting system.

Asia-Pacific region is expected to grow over the forecast period, 2016-2022 especially in countries such as China and India countries because they are investing huge amounts of money for developing the transportation sector.

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Intended Audience

• Automated passenger counting system Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Vendors
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors

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