Global Automated Fare Collection (AFC) Market Research Report 2024(Status and Outlook)

Global Automated Fare Collection (AFC) Market Research Report 2024(Status and Outlook)



Report Overview:

Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.

The Global Automated Fare Collection (AFC) Market Size was estimated at USD 4863.94 million in 2023 and is projected to reach USD 7506.53 million by 2029, exhibiting a CAGR of 7.50% during the forecast period.

This report provides a deep insight into the global Automated Fare Collection (AFC) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automated Fare Collection (AFC) Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automated Fare Collection (AFC) market in any manner.

Global Automated Fare Collection (AFC) Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Cubic Systems

Omron Corporation

Thales Group

Advance Cards Systems

Atos SE

Fare Logistics

LG Corporation

NXP Semiconductor

Samsung SDS

Market Segmentation (by Type)

Hardware

Software

Market Segmentation (by Application)

Government Buildings

Large Commercial Workplaces

Public Transport Ports

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Automated Fare Collection (AFC) Market
  • Overview of the regional outlook of the Automated Fare Collection (AFC) Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Automated Fare Collection (AFC) Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Automated Fare Collection (AFC)
1.2 Key Market Segments
1.2.1 Automated Fare Collection (AFC) Segment by Type
1.2.2 Automated Fare Collection (AFC) Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
1.4 Key Data of Global Auto Market
1.4.1 Global Automobile Production by Country
1.4.2 Global Automobile Production by Type
2 Automated Fare Collection (AFC) Market Overview
2.1 Global Market Overview
2.1.1 Global Automated Fare Collection (AFC) Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Automated Fare Collection (AFC) Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Automated Fare Collection (AFC) Market Competitive Landscape
3.1 Global Automated Fare Collection (AFC) Sales by Manufacturers (2019-2024)
3.2 Global Automated Fare Collection (AFC) Revenue Market Share by Manufacturers (2019-2024)
3.3 Automated Fare Collection (AFC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Automated Fare Collection (AFC) Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Automated Fare Collection (AFC) Sales Sites, Area Served, Product Type
3.6 Automated Fare Collection (AFC) Market Competitive Situation and Trends
3.6.1 Automated Fare Collection (AFC) Market Concentration Rate
3.6.2 Global 5 and 10 Largest Automated Fare Collection (AFC) Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Automated Fare Collection (AFC) Industry Chain Analysis
4.1 Automated Fare Collection (AFC) Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Automated Fare Collection (AFC) Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Automated Fare Collection (AFC) Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Automated Fare Collection (AFC) Sales Market Share by Type (2019-2024)
6.3 Global Automated Fare Collection (AFC) Market Size Market Share by Type (2019-2024)
6.4 Global Automated Fare Collection (AFC) Price by Type (2019-2024)
7 Automated Fare Collection (AFC) Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Automated Fare Collection (AFC) Market Sales by Application (2019-2024)
7.3 Global Automated Fare Collection (AFC) Market Size (M USD) by Application (2019-2024)
7.4 Global Automated Fare Collection (AFC) Sales Growth Rate by Application (2019-2024)
8 Automated Fare Collection (AFC) Market Segmentation by Region
8.1 Global Automated Fare Collection (AFC) Sales by Region
8.1.1 Global Automated Fare Collection (AFC) Sales by Region
8.1.2 Global Automated Fare Collection (AFC) Sales Market Share by Region
8.2 North America
8.2.1 North America Automated Fare Collection (AFC) Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Automated Fare Collection (AFC) Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Automated Fare Collection (AFC) Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Automated Fare Collection (AFC) Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Automated Fare Collection (AFC) Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Cubic Systems
9.1.1 Cubic Systems Automated Fare Collection (AFC) Basic Information
9.1.2 Cubic Systems Automated Fare Collection (AFC) Product Overview
9.1.3 Cubic Systems Automated Fare Collection (AFC) Product Market Performance
9.1.4 Cubic Systems Business Overview
9.1.5 Cubic Systems Automated Fare Collection (AFC) SWOT Analysis
9.1.6 Cubic Systems Recent Developments
9.2 Omron Corporation
9.2.1 Omron Corporation Automated Fare Collection (AFC) Basic Information
9.2.2 Omron Corporation Automated Fare Collection (AFC) Product Overview
9.2.3 Omron Corporation Automated Fare Collection (AFC) Product Market Performance
9.2.4 Omron Corporation Business Overview
9.2.5 Omron Corporation Automated Fare Collection (AFC) SWOT Analysis
9.2.6 Omron Corporation Recent Developments
9.3 Thales Group
9.3.1 Thales Group Automated Fare Collection (AFC) Basic Information
9.3.2 Thales Group Automated Fare Collection (AFC) Product Overview
9.3.3 Thales Group Automated Fare Collection (AFC) Product Market Performance
9.3.4 Thales Group Automated Fare Collection (AFC) SWOT Analysis
9.3.5 Thales Group Business Overview
9.3.6 Thales Group Recent Developments
9.4 Advance Cards Systems
9.4.1 Advance Cards Systems Automated Fare Collection (AFC) Basic Information
9.4.2 Advance Cards Systems Automated Fare Collection (AFC) Product Overview
9.4.3 Advance Cards Systems Automated Fare Collection (AFC) Product Market Performance
9.4.4 Advance Cards Systems Business Overview
9.4.5 Advance Cards Systems Recent Developments
9.5 Atos SE
9.5.1 Atos SE Automated Fare Collection (AFC) Basic Information
9.5.2 Atos SE Automated Fare Collection (AFC) Product Overview
9.5.3 Atos SE Automated Fare Collection (AFC) Product Market Performance
9.5.4 Atos SE Business Overview
9.5.5 Atos SE Recent Developments
9.6 Fare Logistics
9.6.1 Fare Logistics Automated Fare Collection (AFC) Basic Information
9.6.2 Fare Logistics Automated Fare Collection (AFC) Product Overview
9.6.3 Fare Logistics Automated Fare Collection (AFC) Product Market Performance
9.6.4 Fare Logistics Business Overview
9.6.5 Fare Logistics Recent Developments
9.7 LG Corporation
9.7.1 LG Corporation Automated Fare Collection (AFC) Basic Information
9.7.2 LG Corporation Automated Fare Collection (AFC) Product Overview
9.7.3 LG Corporation Automated Fare Collection (AFC) Product Market Performance
9.7.4 LG Corporation Business Overview
9.7.5 LG Corporation Recent Developments
9.8 NXP Semiconductor
9.8.1 NXP Semiconductor Automated Fare Collection (AFC) Basic Information
9.8.2 NXP Semiconductor Automated Fare Collection (AFC) Product Overview
9.8.3 NXP Semiconductor Automated Fare Collection (AFC) Product Market Performance
9.8.4 NXP Semiconductor Business Overview
9.8.5 NXP Semiconductor Recent Developments
9.9 Samsung SDS
9.9.1 Samsung SDS Automated Fare Collection (AFC) Basic Information
9.9.2 Samsung SDS Automated Fare Collection (AFC) Product Overview
9.9.3 Samsung SDS Automated Fare Collection (AFC) Product Market Performance
9.9.4 Samsung SDS Business Overview
9.9.5 Samsung SDS Recent Developments
10 Automated Fare Collection (AFC) Market Forecast by Region
10.1 Global Automated Fare Collection (AFC) Market Size Forecast
10.2 Global Automated Fare Collection (AFC) Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Automated Fare Collection (AFC) Market Size Forecast by Country
10.2.3 Asia Pacific Automated Fare Collection (AFC) Market Size Forecast by Region
10.2.4 South America Automated Fare Collection (AFC) Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Automated Fare Collection (AFC) by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Automated Fare Collection (AFC) Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Automated Fare Collection (AFC) by Type (2025-2030)
11.1.2 Global Automated Fare Collection (AFC) Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Automated Fare Collection (AFC) by Type (2025-2030)
11.2 Global Automated Fare Collection (AFC) Market Forecast by Application (2025-2030)
11.2.1 Global Automated Fare Collection (AFC) Sales (K Units) Forecast by Application
11.2.2 Global Automated Fare Collection (AFC) Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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