Automated Passenger Counting System Market 2018 Global Leaders: Hitachi, Clever Devices, Retail Sensing, Syncromatics, Trapeze Group, DILAX Intelcom GmbH, Siemens AG, Cisco Systems

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 Counter is an electronic device available for installation on transit vehicles including buses and rail vehicles which accurately records boarding and alighting data. The technology helps to improve the accuracy and reliability for counting the number of passenger that board and leave at every stop over traditional methods of manually counting by drivers or by random estimation.

The devices are becoming more common in the American region for operators to seek better accuracy and analyze transit use patterns by linking boarding and alighting data with stop or station location.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2398

The key drivers for the growth of the automated passenger counting system are cost-effective, increasing need to achieve fleet optimization, demand for smart telematics solutions, technological advancements passenger information systems and growing urbanization. Also, government regulations supporting automated supporting system installations in the North-American region. Even, the pricing of tickets and augmentation to existing real-time passenger information systems are the opportunities for the automated passenger counting system market.

However, high initial cost in the price sensitive emerging economies and relatively quick return on investment are hindering the growth of the market.
Geographically, North-America accounted for the largest market share in the global automated passenger counting system market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.
The global Automated Passenger Counting System Market is expected to reach USD 300 million by the end of 2022 with ~20% CAGR during forecast period 2016-2022

Automated Passenger Counting System Global Market - Segmentation

The automated passenger counting system market can be classified into 4 key segments for the convenience of the report and enhanced understanding;

• Segmentation by Type: Comprises of Passenger Information Display Systems, Passenger Information Announcement Systems, Emergency Announcement Systems, Infotainment Systems and Passenger Information Mobile Application
• Segmentation by Technology: Comprises of Infrared, Stereoscopic Vision, Time-of-Flight and Others
• Segmentation by Application: Comprises of Railways, Roadways and Airways
• Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

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.

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.
Industry News

June 2017 – Koleje Mazowieckie has started operating DILAX's automatic passenger counting systems. The company has equipped 69 vehicles with automated people counting systems. The system provided by DILAX is compatible with previously installed systems in Koleje Mazowieckie vehicles.

November 2017 – Smart Restroom systems are deployed at George Bush Airport, U.S. Each restroom location comprises of passenger counting system, predictive analytics, and real time alerting.

Get complete Report @ https://www.marketresearchfuture.com/reports/automated-passenger-counting-system-market-2398

Intended Audience

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

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.