Market Research Report

Automatic Fare Collection (AFC) Station Equipment Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-14210
  • CAT ID : 10
  • Pages : 151
  • Date : Jun 2023
 

The global Automatic Fare Collection (AFC) Station Equipment market was valued at US$ 5354.6 million in 2022 and is projected to reach US$ 8488.7 million by 2029, at a CAGR of 6.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of Automatic Fare Collection (AFC) equipment are Cubic Corporation, Thales Group, Omron Corporation, The Nippon Signal, Scheidt & Bachmann, GMV, Indra Company, and others. The top three manufacturers together hold 25% of the market share, with the largest manufacturer being Cubic Corporation at 10%. Global production sites are mainly distributed in North America, Europe, China and Japan. At the sales level, Asia Pacific has the largest market with a 40% market share. In terms of product categories, ticket vending machines have the largest market share with 30%, followed by fare gates and ticket checking machine with 25% and 15% respectively. In terms of applications, railway is the top application area with 55% of the market share, followed by bus with 30%.
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. AFC machine is the equipment used in the automatic fare collection system. The elements of AFC system are:

Ticket vending machines (TVMs), where passengers can buy a ticket for their journey
Ticket office machines (TOMs), used by railway staff to issue tickets at stations
Fare gates, which form a barrier between the "unpaid" area of the station and the "paid" area where passengers must possess a valid ticket. The fare gate will read and release the gate when a valid ticket is presented.
This report aims to provide a comprehensive presentation of the global market for Automatic Fare Collection (AFC) Station Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Fare Collection (AFC) Station Equipment. This report contains market size and forecasts of Automatic Fare Collection (AFC) Station Equipment in global, including the following market information:
Global Automatic Fare Collection (AFC) Station Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automatic Fare Collection (AFC) Station Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automatic Fare Collection (AFC) Station Equipment companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automatic Fare Collection (AFC) Station Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automatic Fare Collection (AFC) Station Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, by Type, 2022 (%)
Fare Gates
Ticket Vending Machine
Ticket Checking Machine
Booking Office Machine
Other
Global Automatic Fare Collection (AFC) Station Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, by Application, 2022 (%)
Railway
Bus
Other
Global Automatic Fare Collection (AFC) Station Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Fare Collection (AFC) Station Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automatic Fare Collection (AFC) Station Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automatic Fare Collection (AFC) Station Equipment revenues share in global market, 2022 (%)
Key companies Automatic Fare Collection (AFC) Station Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automatic Fare Collection (AFC) Station Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cubic Corporation
Thales Group
Omron Corporation
The Nippon Signal
Scheidt & Bachmann
GMV
Indra Company
Gunnebo
LECIP Group
UniTTEC
Huaming
INIT
Huahong Jitong
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automatic Fare Collection (AFC) Station Equipment, market overview.
Chapter 2: Global Automatic Fare Collection (AFC) Station Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Automatic Fare Collection (AFC) Station Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automatic Fare Collection (AFC) Station Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automatic Fare Collection (AFC) Station Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Automatic Fare Collection (AFC) Station Equipment Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automatic Fare Collection (AFC) Station Equipment Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automatic Fare Collection (AFC) Station Equipment Overall Market Size
2.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size: 2022 VS 2029
2.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Automatic Fare Collection (AFC) Station Equipment Sales: 2018-2029
3 Company Landscape
3.1 Top Automatic Fare Collection (AFC) Station Equipment Players in Global Market
3.2 Top Global Automatic Fare Collection (AFC) Station Equipment Companies Ranked by Revenue
3.3 Global Automatic Fare Collection (AFC) Station Equipment Revenue by Companies
3.4 Global Automatic Fare Collection (AFC) Station Equipment Sales by Companies
3.5 Global Automatic Fare Collection (AFC) Station Equipment Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Automatic Fare Collection (AFC) Station Equipment Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Automatic Fare Collection (AFC) Station Equipment Product Type
3.8 Tier 1, Tier 2 and Tier 3 Automatic Fare Collection (AFC) Station Equipment Players in Global Market
3.8.1 List of Global Tier 1 Automatic Fare Collection (AFC) Station Equipment Companies
3.8.2 List of Global Tier 2 and Tier 3 Automatic Fare Collection (AFC) Station Equipment Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Automatic Fare Collection (AFC) Station Equipment Market Size Markets, 2022 & 2029
4.1.2 Fare Gates
4.1.3 Ticket Vending Machine
4.1.4 Ticket Checking Machine
4.1.5 Booking Office Machine
4.1.6 Other
4.2 By Type - Global Automatic Fare Collection (AFC) Station Equipment Revenue & Forecasts
4.2.1 By Type - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2023
4.2.2 By Type - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2024-2029
4.2.3 By Type - Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share, 2018-2029
4.3 By Type - Global Automatic Fare Collection (AFC) Station Equipment Sales & Forecasts
4.3.1 By Type - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2023
4.3.2 By Type - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2024-2029
4.3.3 By Type - Global Automatic Fare Collection (AFC) Station Equipment Sales Market Share, 2018-2029
4.4 By Type - Global Automatic Fare Collection (AFC) Station Equipment Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Automatic Fare Collection (AFC) Station Equipment Market Size, 2022 & 2029
5.1.2 Railway
5.1.3 Bus
5.1.4 Other
5.2 By Application - Global Automatic Fare Collection (AFC) Station Equipment Revenue & Forecasts
5.2.1 By Application - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2023
5.2.2 By Application - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2024-2029
5.2.3 By Application - Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share, 2018-2029
5.3 By Application - Global Automatic Fare Collection (AFC) Station Equipment Sales & Forecasts
5.3.1 By Application - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2023
5.3.2 By Application - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2024-2029
5.3.3 By Application - Global Automatic Fare Collection (AFC) Station Equipment Sales Market Share, 2018-2029
5.4 By Application - Global Automatic Fare Collection (AFC) Station Equipment Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Automatic Fare Collection (AFC) Station Equipment Market Size, 2022 & 2029
6.2 By Region - Global Automatic Fare Collection (AFC) Station Equipment Revenue & Forecasts
6.2.1 By Region - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2023
6.2.2 By Region - Global Automatic Fare Collection (AFC) Station Equipment Revenue, 2024-2029
6.2.3 By Region - Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share, 2018-2029
6.3 By Region - Global Automatic Fare Collection (AFC) Station Equipment Sales & Forecasts
6.3.1 By Region - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2023
6.3.2 By Region - Global Automatic Fare Collection (AFC) Station Equipment Sales, 2024-2029
6.3.3 By Region - Global Automatic Fare Collection (AFC) Station Equipment Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2029
6.4.2 By Country - North America Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2029
6.4.3 US Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.4.4 Canada Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.4.5 Mexico Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2029
6.5.2 By Country - Europe Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2029
6.5.3 Germany Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.4 France Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.5 U.K. Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.6 Italy Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.7 Russia Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.8 Nordic Countries Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.5.9 Benelux Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2029
6.6.2 By Region - Asia Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2029
6.6.3 China Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.6.4 Japan Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.6.5 South Korea Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.6.6 Southeast Asia Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.6.7 India Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2029
6.7.2 By Country - South America Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2029
6.7.3 Brazil Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.7.4 Argentina Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Sales, 2018-2029
6.8.3 Turkey Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.8.4 Israel Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.8.5 Saudi Arabia Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
6.8.6 UAE Automatic Fare Collection (AFC) Station Equipment Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Cubic Corporation
7.1.1 Cubic Corporation Company Summary
7.1.2 Cubic Corporation Business Overview
7.1.3 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.1.4 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.1.5 Cubic Corporation Key News & Latest Developments
7.2 Thales Group
7.2.1 Thales Group Company Summary
7.2.2 Thales Group Business Overview
7.2.3 Thales Group Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.2.4 Thales Group Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.2.5 Thales Group Key News & Latest Developments
7.3 Omron Corporation
7.3.1 Omron Corporation Company Summary
7.3.2 Omron Corporation Business Overview
7.3.3 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.3.4 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.3.5 Omron Corporation Key News & Latest Developments
7.4 The Nippon Signal
7.4.1 The Nippon Signal Company Summary
7.4.2 The Nippon Signal Business Overview
7.4.3 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.4.4 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.4.5 The Nippon Signal Key News & Latest Developments
7.5 Scheidt & Bachmann
7.5.1 Scheidt & Bachmann Company Summary
7.5.2 Scheidt & Bachmann Business Overview
7.5.3 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.5.4 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.5.5 Scheidt & Bachmann Key News & Latest Developments
7.6 GMV
7.6.1 GMV Company Summary
7.6.2 GMV Business Overview
7.6.3 GMV Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.6.4 GMV Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.6.5 GMV Key News & Latest Developments
7.7 Indra Company
7.7.1 Indra Company Company Summary
7.7.2 Indra Company Business Overview
7.7.3 Indra Company Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.7.4 Indra Company Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.7.5 Indra Company Key News & Latest Developments
7.8 Gunnebo
7.8.1 Gunnebo Company Summary
7.8.2 Gunnebo Business Overview
7.8.3 Gunnebo Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.8.4 Gunnebo Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.8.5 Gunnebo Key News & Latest Developments
7.9 LECIP Group
7.9.1 LECIP Group Company Summary
7.9.2 LECIP Group Business Overview
7.9.3 LECIP Group Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.9.4 LECIP Group Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.9.5 LECIP Group Key News & Latest Developments
7.10 UniTTEC
7.10.1 UniTTEC Company Summary
7.10.2 UniTTEC Business Overview
7.10.3 UniTTEC Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.10.4 UniTTEC Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.10.5 UniTTEC Key News & Latest Developments
7.11 Huaming
7.11.1 Huaming Company Summary
7.11.2 Huaming Automatic Fare Collection (AFC) Station Equipment Business Overview
7.11.3 Huaming Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.11.4 Huaming Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.11.5 Huaming Key News & Latest Developments
7.12 INIT
7.12.1 INIT Company Summary
7.12.2 INIT Automatic Fare Collection (AFC) Station Equipment Business Overview
7.12.3 INIT Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.12.4 INIT Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.12.5 INIT Key News & Latest Developments
7.13 Huahong Jitong
7.13.1 Huahong Jitong Company Summary
7.13.2 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Business Overview
7.13.3 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.13.4 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.13.5 Huahong Jitong Key News & Latest Developments
7.14 Genfare
7.14.1 Genfare Company Summary
7.14.2 Genfare Business Overview
7.14.3 Genfare Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.14.4 Genfare Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.14.5 Genfare Key News & Latest Developments
7.15 Bonin Fortune Access Equipment
7.15.1 Bonin Fortune Access Equipment Company Summary
7.15.2 Bonin Fortune Access Equipment Business Overview
7.15.3 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.15.4 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.15.5 Bonin Fortune Access Equipment Key News & Latest Developments
7.16 Haiputian Intelligent Technology
7.16.1 Haiputian Intelligent Technology Company Summary
7.16.2 Haiputian Intelligent Technology Business Overview
7.16.3 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Major Product Offerings
7.16.4 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in Global (2018-2023)
7.16.5 Haiputian Intelligent Technology Key News & Latest Developments
8 Global Automatic Fare Collection (AFC) Station Equipment Production Capacity, Analysis
8.1 Global Automatic Fare Collection (AFC) Station Equipment Production Capacity, 2018-2029
8.2 Automatic Fare Collection (AFC) Station Equipment Production Capacity of Key Manufacturers in Global Market
8.3 Global Automatic Fare Collection (AFC) Station Equipment Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Automatic Fare Collection (AFC) Station Equipment Supply Chain Analysis
10.1 Automatic Fare Collection (AFC) Station Equipment Industry Value Chain
10.2 Automatic Fare Collection (AFC) Station Equipment Upstream Market
10.3 Automatic Fare Collection (AFC) Station Equipment Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Automatic Fare Collection (AFC) Station Equipment Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

 
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