Global Automated Fare Collection Market is likely grow at a rate of more than 15.21% during the forecasting period Analysis of the major market players including Thales Group, Samsung SDS, Omron Corporation, Atos SE, Advance Cards Systems, LG Corporation,

Ricerca Alfa offers a recently published research report on the Automated Fare Collection market that gives in-depth analysis about the key factors that are affecting the market. It also provides key quantitative as well as qualitative market information that helps customers in finding factors that are contributing to the market growth worldwide. According to this research report, Automated Fare Collection market was valued at US$ 6.51 billion in 2016 and expected to grow at a CAGR of over 15% during the forecasting period 2017-25. The report presents details about the methodology and assumptions considered to evaluate and forecast the market size and growth rate (%). A 180 pages report contains information pertaining to the important Automated Fare Collection market insight including competitive analysis, on-going industry trend, market sizing, and company profiles of the key players from the Automated Fare Collection market. The report exhibits various factors driving the growth of the Automated Fare Collection Market including development in the public infrastructure worldwide and rising civil developments around the world. Further, it also gives vital information pertaining to the factors that can restrain the growth of the Automated Fare Collection market along with the many market opportunities.

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The report provides a detailed industry analysis by providing Porter’s five forces analysis model along with the industry value chain analysis. Further, the Automated Fare Collection market also provides PEST analysis that provides effects of the external factors (i.e. political, economic, social, and technological) on the Automated Fare Collection market. Significant players that are profiled in this research report such as Thales Group, Samsung SDS, Omron Corporation, Atos SE, Advance Cards Systems, LG Corporation, Fare Logistics, iBlocks Ltd., Cubic Systems, and Sony Corporation. Key details included in the company profiles are product information, current development, and company financials. The detailed analysis of the key market players gives the information regarding the overall market competitive scenario and product offering of these key market players. Countries that are considered under the Automated Fare Collection market study are the U.S., Canada, France, the UK, China, Japan, India, Brazil, and Mexico among others.

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The Automated Fare Collection market is segmented on the basis of the component, system, technology, and region. Based on the component, Automated Fare Collection market is bifurcated into hardware and software. Based on the system, the market is classified into a smart card, magnetic strips, optical character recognition, and near field communication. Based on the technology, the market is further classified into ticket office machine, ticket vending machine, fare gates, and IC cards. Further, on the basis of region, the Automated Fare Collection market is segmented into North America, Asia Pacific, Europe, Latin America, and Rest of the World. The report provides in-depth regional analysis by considering key countries from these regions.

Ricerca Alfa is a leading market research firm that has a comprehensive portfolio of market research reports from all the domains including medical devices, consumer, IT & telecommunications, chemicals, aerospace & defense, technology & media, and semiconductor among others. We can also customize the report according to the requirement of the client. Our company has partnered with leading publishers around the world that gives an in-depth study of the on-going market dynamics with a comprehensive focus on the global as well as regional market trend.

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