Press release
People counting system Market Comprehensive Study 2018: Axis Communications, HELLA Aglaia Mobile Vision GmbH, RetailNext, ShopperTrak, Eurotech, Axiomatic Technologies Corporation, Countwise, DILAX Intelcom, IEE, FLIR Systems, Infodev, V-Count, Xovis AG
People counting system market report is an in-depth study on the Electronics industry while also explaining what market definition, classifications, applications, engagements, and global industry trends are.The report is a direct window to the People counting system market as it consists what the key players and brands are doing when it comes to recent developments, products launches, research, joint ventures, merges and acquisitions.
SWOT analysis can be quite a useful tool when it comes finding the market drivers and restrains in the People counting system market which this report consists as well as containing the CAGR levels for the forecast years of 2018-2025.
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Global People counting system market accounted for USD 630.2 million in 2017 and is projected to grow at a CAGR of 11.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In September, 2017, HELLA Aglaia opened new headquarters in Berlin Tempelhof. This development will benefit the company by increasing its presence in other regions.
In 2016, iris and Novatronic, The Serbian capital Belgrade came under collaboration for the largest project of automatic passenger counting. Around 450 buses of Arriva Consortium were equipped with the latest IRMA MATRIX sensors.
People counting system consists of people counter device that measures the number and direction of people crossing any entrance or a passage per unit time. People counting system is often considered as the long term investment. It is hugely accepted in as a key metric in the retail and shopping centers. This system is widely applicable in retail stores, supermarkets, and shopping malls, transportation, corporate, hospitality, banking and financial institutes, healthcare, sports and entertainment and others. Various technologies are associated with people counting systems such as infrared beams, thermal sensing, video and others. These technological advancements have made people counting system vendors to bring innovation into their systems and software. Video-based technology is the best way to ensure accurate footfall and queue counting in locations such as retail stores, train stations, or airports where there are dense crowds and slow-moving traffic. In some countries government have rules that specify the maximum capacity of any venue. In such cases a people counting system becomes mandatory for avoidance of breaking the law. Many expansions and developments have taken place in the field of people counting system. For instance, In September, 2017, HELLA Aglaia opened new headquarters in Berlin Tempelhof. This development will benefit the company by increasing its presence in other regions. Furthermore, in 2016, iris and Novatronic, The Serbian capital Belgrade came under collaboration for the largest project of automatic passenger counting. Around 450 buses of Arriva Consortium were equipped with the latest IRMA MATRIX sensors.
Competitors:
• Axis Communications AB,
• HELLA Aglaia Mobile Vision GmbH,
• InfraRed Integrated Systems Ltd.,
• RetailNext, Inc.,
• ShopperTrak,
• EUROTECH S.p.A.,
• Axiomatic Technologies Corporation,
• Countwise LLC,
• DILAX Intelcom GmbH,
• IEE,
• iris-GmbH,
• FLIR Integrated Imaging Solutions, Inc.,
• V-Count,
• XOVIS AG,
• Infodev Electronic Designers International inc
• Among others.
Competitive Landscape:
The global People counting system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of People counting system market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
• Increasing retails stores and advent of people counting technologies
• Low cost of people counting solutions
• Rising demand for people counting solutions in transportation sector
• Increasing online sales channel
Key Highlights of Report
• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.
Market Segmentation: Global People Counting System Market
The people counting system market consists of
• technology,
• hardware and software,
• end-user
• geography.
Based on technology the market is segmented into
• infrared beam,
• thermal imaging,
• video-based
• others.
On the basis of hardware and software the market is segmented into
• hardware
• software.
The hardware segment is sub segmented into
o thermal cameras,
o infrared,
o fixed camera,
o fixed dome camera,
o pan,
o tilt,
o zoom.
On the basis of end-user the market is segmented into
• retail stores,
• supermarkets,
• shopping malls,
• transportation,
• corporate,
• hospitality,
• banking and financial institutes,
• healthcare,
• sports and entertainment
• others
Based on geography the global people counting system market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa.
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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