Thursday, June 23rd, 2016 - WiseGuyReports adds“Automated Fare Collection System 2016 Global Market Opportunities and Forecasts to 2022”reports to its database. The report includes an in-depth analysis of the world automated fare collection system market, including current trends, drivers, restraints, and growth opportunities.


Automated fare collection system is a contactless, end-to-end result for collecting fare payment, replacing traditional ticketing system with automated ticketing and fare collection systems. It comprises automatic gate machines, ticket vending machines, recharging terminals, and ticket checking machines. This system enables efficiency in fare collection, improves the overall transaction rate, and saves extensive amount of time, thereby minimizing waiting time in queues and searching for cash to buy tickets. In addition, it is the easiest method for revenue collection. It offers travelers to carry one card for use on all transit modes. For instance, in December 2015, UAE with Xerox Transportation solutions introduced automated fare collection system for Abu Dhabi buses, which reduced traffic congestion and waiting in queues.

For more information or any query mail at [email protected]

An automated fare collection system has various software enabled features including Oracle, Sybase support, support multitier architecture, and XML web services. Fare collection technology platforms such as Smart cards, NFC and OCR systems ensures full interoperability and independence of service providers. Factors such as increase in demand for smartphones, enhanced efficiency, reduced frauds, flexible fare plans, and enhanced security system strengthen the growth of this market. In addition, the government of India, China, and others are focusing on enriching the transport infrastructure and security system, which further drives the growth of the market. However, high installation and maintenance costs of automated fare collection system hinder the market growth. Opportunities such as increase in high speed of public transport, rise of technology payment, and global interoperability are likely to foster market growth.

The market is segmented on the basis of component, application, technology platform, and geography. On the basis of component, the market is categorized into hardware and software. Application wise, it is segmented into bus, toll, car rental, and train. Besides these, on the basis of technology platform, the market is divided into smart cards, near field communications, optical character recognition, and others (magnetic strips and bar codes). Smart cards generated maximum revenue in 2015 and would continue to dominate the market throughout the forecast period. Geographically, the market is segmented across North America, Europe, Asia-Pacific, and LAMEA.


Key players operating in the global automated fare collection system market are Advanced Card Systems Ltd., Atos SE, Cubic Transportation Systems, LG CNS, NXP Semiconductors, Omron Corporation, Samsung SDS, Scheidt & Bachmann, LECIP Group and Thales Group.


The report includes an in-depth analysis of the world automated fare collection system market, including current trends, drivers, restraints, and growth opportunities. 
Porters Five Forces model illustrates the potency of buyers and sellers, which is likely to help the market players to adopt effective strategies. 
Value chain analysis provides a clear understanding of the key intermediaries involved and their respective roles at every stage. 
Key market players have been profiled to gain an understanding of the strategies adopted by them. 
The current market trends are quantitatively analyzed and estimated for the 20152022 period, which have been provided to highlight the financial competency of the market. 


On the Basis of Component


On the Basis of Application

Car Rental 

On the Basis of Technology Platform

Smart Card 
Near Field Communications 
Optical Character Recognition 
Others (Magnetic Strips and Bar Codes) 

On the Basis of Geography

North America 

Key Players

Advanced Card Systems Ltd. 
Atos SE 
Cubic Transportation Systems 
NXP Semiconductors 
Omron Corp. 
Samsung SDS 
Scheidt & Bachmann 
Thales Group 


For more information or any query mail at [email protected]

Contact Profile


Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

Our Market Research Reports and Consulting Services 

Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories. The Wise Guy Reports team prides itself in being the chosen source for market research reports, report customizations services, and other ancillary services such as a Newsletter service and corporate service for large organizations.

Hundreds of large and small organizations across virtually every industry sector worldwide are currently reaping rich dividends from the sharp insights provided by market research reports sourced through Wise Guy Reports. 

Gaining an insight into emerging trends, opportunities and potential threats is key to long-term sustenance in a competitive environment. The handpicked collection of market research reports on Wise Guy Reports is centred on this proven principle.

Norah Trent
P: +44 208 133 9349
M: +1 646 845 9349


Automated Fare Collection System,Automated Fare Collection System Industry,Automated Fare Collection System Market,Automated Fare Collection System Market Trend,Automated Fare Collection System Industry Trends,Automated Fare Collection System Market Share




More Formats