Automated Fare Collection Market Growth, Size, Opportunity, Share and Forecast 2019-2025

The global Automatic Toll Collection Systems market is expected to record a CAGR of 11.6%. The automatic toll collection system is a contactless end-to-end solution for collecting toll payments and replacing traditional ticketing systems with automatic ticketing. It consists of automatic gate machine, ticket vending machine, charging terminal and ticket checking machine. Automatic toll collection systems are increasingly being adopted by many organizations to efficiently manage and conveniently manage large numbers of commuters. The growing need to reduce the incidence of public transport fraud is driving the adoption of automatic toll collection systems. Other important factors driving market growth are the increased demand for lower operating costs, improved traveler experience and improved profitability.

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The following players are covered in this report:

• Cargotec
• Konecranes
• Cubic Systems
• Omron Corporation
• Thales Group
• Advance Cards Systems
• Atos SE
• Fare Logistics
• LG Corporation
• NXP Semiconductor
• Samsung SDS

Automated Fare Collection Market Segmentation by Type

• Hardware
• Software

Automated Fare Collection Market Segmentation by Application/End-User

• Government Buildings
• Large Commercial Workplaces
• Public Transport Ports

A full report of Global Automated Fare Collection Market is available at: https://www.orionmarketreports.com/automated-fare-collection-market/31016/

Scope of the Report

The research study analyses the global Automated Fare Collection industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automated Fare Collection Market Report

1. What was the Automated Fare Collection Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Automated Fare Collection Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Automated Fare Collection Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.