Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Automated Passenger Counting (APC) System Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 9.3% during the review period (2022 to 2027).
Electronic devices used to count the number of people who board and alight at each stop are referred to as automated passenger counting systems. Schedule checkers, which were previously used to manually collect ridership data, have been replaced by this technology. Systems that automatically count the number of passengers boarding and departing at each stop are electronic devices. These technologies have taken the place of the manual schedule checkers that were once employed to gather ridership statistics. Unlike schedule checkers, automatic passenger counting and information systems record ridership for each and every trip taken.
The development of technology in the area of passenger information systems is another important factor that is likely to drive the growth of the automated passenger counting and information system market during the forecast period. Additionally, it is predicted that increased urbanisation will temper market expansion for automated passenger counting and information systems. The market for automated passenger counting and information systems, on the other hand, is anticipated to experience slower growth during the timeframe due to an increase in the product's initial cost.
The report aspects discussed the profile of the top Manufacturers of the global Automated Passenger Counting (APC) System Market. These aspects include financial Status of major companies, trending advancements and entire market scenario. Growth of the report have examined Automated Passenger Counting (APC) System Market production, demand and growth Potential, geographic analysis, as well as current market developments in Various regions and countries.
The Automated Passenger Counting (APC) System Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Init, HELLA Aglaia Mobile Vision GmbH, Eurotech S.p.A, DILAX Intelcom GmbH, Infodev EDI, Universal Com Link, Passio Technologies, Clever Devices Ltd, Retail Sensing Ltd, GMV Syncromatics, Urban Transportation Associates (UTA)
Eurotech’s Edge Gateway achieves Arm SystemReady certification
July 28th, 2022
Eurotech, a leading supplier of hardware and software components to develop and deploy edge computing and Internet of Things (IoT) solutions, has announced its Edge Gateway, ReliaGATE 10-14 has achieved Arm® SystemReady IR certification.
Automated Passenger Counting (APC) System Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
North America has been a large contributor to the PIDS market. It upgraded its existing transit structures as well as it plans to install new systems on all of its upcoming transit infrastructure projects. The market in North America, which was an early adopter of APC and information systems, would grow at a moderate pace during the forecast period. The countries in Asia-Pacific, such as India, China and Thailand, are expected to render major growth opportunities to the APC and information systems market during the forecast period, as a result of significant investment in transit infrastructure projects.
All these factors greatly affect the Automated Passenger Counting (APC) System Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Automated Passenger Counting (APC) System Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Graphene-enhanced Composites Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
CAGR of 9.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
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Init, HELLA Aglaia Mobile Vision GmbH, Eurotech S.p.A, DILAX Intelcom GmbH, Infodev EDI, Universal Com Link, Passio Technologies, Clever Devices Ltd, Retail Sensing Ltd, GMV Syncromatics, Urban Transportation Associates (UTA) |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of pages | 136 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Automated Passenger Counting (APC) System Market is studied from 2017 - 2027.
What is the growth rate of Automated Passenger Counting (APC) System Market?
The Automated Passenger Counting (APC) System Market is growing at a CAGR of 9.3% over the next 5 years.
Who are the key players in Automated Passenger Counting (APC) System Market?
Init, HELLA Aglaia Mobile Vision GmbH, Eurotech S.p.A, DILAX Intelcom GmbH, Infodev EDI, Universal Com Link, Passio Technologies, Clever Devices Ltd, Retail Sensing Ltd, GMV Syncromatics, Urban Transportation Associates (UTA)
What region does this Automated Passenger Counting (APC) System Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Automated Passenger Counting (APC) System Market?
Infrared Type, Time-of-Flight Type, Stereoscopic Vision Type
What are the major end-use applications of Automated Passenger Counting (APC) System Market?
Roadways, Railways, Airways
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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