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Automatic Fare Collection System Market SWOT Analysis by Key Players: OMRON, NXP Semiconductors, LG, GMV, Atos, Samsung, Cubic Transportation Systems, Scheidt & Bachmann, Fare Logistics, Siemens, Advanced Card Systems, SONY, Trapeze, Vix Technology, Xerox

10-22-2018 08:14 AM CET | IT, New Media & Software

Press release from: QY Research, Inc. 

Automatic Fare Collection System Market SWOT Analysis by Key

Demand for congestion free transportation systems, reduction in environmental pollution and support from various governments to invest on automated fare collection system are some factors driving the market growth. However, high installation cost and slow growth in emerging countries are hampering the market. Fare collection technology platforms and developments in developing economies will provide ample opportunity for the market to grow.

On the basis of components, the hardware segment retains the largest market share in automated fare collection industry and is expected to maintain its leading position during the forecast period owing to development in Europe and Asia Pacific region.

In 2017, the global Automatic Fare Collection (AFC) System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global Automatic Fare Collection (AFC) System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automatic Fare Collection (AFC) System development in United States, Europe and China.

Request Sample Copy of this Report @ https://www.qyresearch.com/sample-form/form/837452/global-automatic-fare-collection-afc-system-market

The key players covered in this study

OMRON

NXP Semiconductors

LG

GMV

Atos

Samsung

Cubic Transportation Systems

Scheidt & Bachmann

Fare Logistics

Siemens

Advanced Card Systems

SONY

Trapeze

Vix Technology

Thales

Singapore Technologies Electronics

Xerox

Masabi

Indra Sistemas

iBlocks

ST Electronics

Market segment by Type, the product can be split into

Hardware

Software

Market segment by Application, split into

Retail

Transportation and Logistics

Media and Entertainment

Government

Others

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

Buy Full Market Research Report Now, Report delivery time within 24 hours @ https://www.qyresearch.com/settlement/pre/2e1454f2fc71396c02308b98d1bc6ea6,0,1,Global%20Automatic%20Fare%20Collection%20AFC%20System%20Market%20Size%252C%20Status%20and%20Forecast%202018-2025

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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