Global Automated Fare Collection System Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

An automated fare collection (AFC) system is the collection of components that automate the ticketing system of a public transportation network - an automated version of manual fare collection. An AFC system is usually the basis for integrated ticketing. The Automated Fare Collection System market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Automated Fare Collection System market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Automated Fare Collection System Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Automated Fare Collection System market are: Omron Corp. Advanced Card Systems Ltd. LG CNS Samsung SDS NXP Semiconductors Scheidt & Bachmann Thales Group Atos SE LECIP Group Cubic Transportation Systems Most important types of Automated Fare Collection System products covered in this report are: Smart Card Near Field Communications Optical Character Recognition Others Most widely used downstream fields of Automated Fare Collection System market covered in this report are: Bus Toll Train Car Rental Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.