Global Automatic Fare Collection (AFC) Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Product Tags

Description

Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.

According to our (Global Info Research) latest study, the global Automatic Fare Collection (AFC) Systems market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

China Automatic Fare Collection (AFC) Systems key players include United, Omron, Samsung SDS, Thales, etc. Top four companies hold a share above 25%. In terms of product, Ticket Vending Machine is the largest segment, with a share over 30%. And in terms of application, the largest channel is Rail & Transit Solution.

This report is a detailed and comprehensive analysis for global Automatic Fare Collection (AFC) Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Automatic Fare Collection (AFC) Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automatic Fare Collection (AFC) Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automatic Fare Collection (AFC) Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include United, Omron, Samsung SDS, Thales and Gunnebo, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Automatic Fare Collection (AFC) Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Ticket Vending Machine
    Ticket Office Machine
    Fare Gates
    IC Cards

Market segment by Application
    Rail & Transit Solution
    Entertainment Solution
    Others

Major players covered
    United
    Omron
    Samsung SDS
    Thales
    Gunnebo
    Chinasoft International
    Huaming
    GaoXin Modern
    NXP Semiconductors
    Shanghai Potevio Company Limited
    GRG Banking
    Huahong Jitong
    Easyway
    ST Electronics
    KML Engineering Limited
    Advance Cards Systems

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automatic Fare Collection (AFC) Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automatic Fare Collection (AFC) Systems, with price, sales, revenue and global market share of Automatic Fare Collection (AFC) Systems from 2018 to 2023.
Chapter 3, the Automatic Fare Collection (AFC) Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automatic Fare Collection (AFC) Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automatic Fare Collection (AFC) Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automatic Fare Collection (AFC) Systems.
Chapter 14 and 15, to describe Automatic Fare Collection (AFC) Systems sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Automatic Fare Collection (AFC) Systems
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Automatic Fare Collection (AFC) Systems Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Ticket Vending Machine
        1.3.3 Ticket Office Machine
        1.3.4 Fare Gates
        1.3.5 IC Cards
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Automatic Fare Collection (AFC) Systems Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Rail & Transit Solution
        1.4.3 Entertainment Solution
        1.4.4 Others
    1.5 Global Automatic Fare Collection (AFC) Systems Market Size & Forecast
        1.5.1 Global Automatic Fare Collection (AFC) Systems Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Automatic Fare Collection (AFC) Systems Sales Quantity (2018-2029)
        1.5.3 Global Automatic Fare Collection (AFC) Systems Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 United
        2.1.1 United Details
        2.1.2 United Major Business
        2.1.3 United Automatic Fare Collection (AFC) Systems Product and Services
        2.1.4 United Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 United Recent Developments/Updates
    2.2 Omron
        2.2.1 Omron Details
        2.2.2 Omron Major Business
        2.2.3 Omron Automatic Fare Collection (AFC) Systems Product and Services
        2.2.4 Omron Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Omron Recent Developments/Updates
    2.3 Samsung SDS
        2.3.1 Samsung SDS Details
        2.3.2 Samsung SDS Major Business
        2.3.3 Samsung SDS Automatic Fare Collection (AFC) Systems Product and Services
        2.3.4 Samsung SDS Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Samsung SDS Recent Developments/Updates
    2.4 Thales
        2.4.1 Thales Details
        2.4.2 Thales Major Business
        2.4.3 Thales Automatic Fare Collection (AFC) Systems Product and Services
        2.4.4 Thales Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Thales Recent Developments/Updates
    2.5 Gunnebo
        2.5.1 Gunnebo Details
        2.5.2 Gunnebo Major Business
        2.5.3 Gunnebo Automatic Fare Collection (AFC) Systems Product and Services
        2.5.4 Gunnebo Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Gunnebo Recent Developments/Updates
    2.6 Chinasoft International
        2.6.1 Chinasoft International Details
        2.6.2 Chinasoft International Major Business
        2.6.3 Chinasoft International Automatic Fare Collection (AFC) Systems Product and Services
        2.6.4 Chinasoft International Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Chinasoft International Recent Developments/Updates
    2.7 Huaming
        2.7.1 Huaming Details
        2.7.2 Huaming Major Business
        2.7.3 Huaming Automatic Fare Collection (AFC) Systems Product and Services
        2.7.4 Huaming Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Huaming Recent Developments/Updates
    2.8 GaoXin Modern
        2.8.1 GaoXin Modern Details
        2.8.2 GaoXin Modern Major Business
        2.8.3 GaoXin Modern Automatic Fare Collection (AFC) Systems Product and Services
        2.8.4 GaoXin Modern Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 GaoXin Modern Recent Developments/Updates
    2.9 NXP Semiconductors
        2.9.1 NXP Semiconductors Details
        2.9.2 NXP Semiconductors Major Business
        2.9.3 NXP Semiconductors Automatic Fare Collection (AFC) Systems Product and Services
        2.9.4 NXP Semiconductors Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 NXP Semiconductors Recent Developments/Updates
    2.10 Shanghai Potevio Company Limited
        2.10.1 Shanghai Potevio Company Limited Details
        2.10.2 Shanghai Potevio Company Limited Major Business
        2.10.3 Shanghai Potevio Company Limited Automatic Fare Collection (AFC) Systems Product and Services
        2.10.4 Shanghai Potevio Company Limited Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Shanghai Potevio Company Limited Recent Developments/Updates
    2.11 GRG Banking
        2.11.1 GRG Banking Details
        2.11.2 GRG Banking Major Business
        2.11.3 GRG Banking Automatic Fare Collection (AFC) Systems Product and Services
        2.11.4 GRG Banking Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 GRG Banking Recent Developments/Updates
    2.12 Huahong Jitong
        2.12.1 Huahong Jitong Details
        2.12.2 Huahong Jitong Major Business
        2.12.3 Huahong Jitong Automatic Fare Collection (AFC) Systems Product and Services
        2.12.4 Huahong Jitong Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Huahong Jitong Recent Developments/Updates
    2.13 Easyway
        2.13.1 Easyway Details
        2.13.2 Easyway Major Business
        2.13.3 Easyway Automatic Fare Collection (AFC) Systems Product and Services
        2.13.4 Easyway Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Easyway Recent Developments/Updates
    2.14 ST Electronics
        2.14.1 ST Electronics Details
        2.14.2 ST Electronics Major Business
        2.14.3 ST Electronics Automatic Fare Collection (AFC) Systems Product and Services
        2.14.4 ST Electronics Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 ST Electronics Recent Developments/Updates
    2.15 KML Engineering Limited
        2.15.1 KML Engineering Limited Details
        2.15.2 KML Engineering Limited Major Business
        2.15.3 KML Engineering Limited Automatic Fare Collection (AFC) Systems Product and Services
        2.15.4 KML Engineering Limited Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 KML Engineering Limited Recent Developments/Updates
    2.16 Advance Cards Systems
        2.16.1 Advance Cards Systems Details
        2.16.2 Advance Cards Systems Major Business
        2.16.3 Advance Cards Systems Automatic Fare Collection (AFC) Systems Product and Services
        2.16.4 Advance Cards Systems Automatic Fare Collection (AFC) Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 Advance Cards Systems Recent Developments/Updates

3 Competitive Environment: Automatic Fare Collection (AFC) Systems by Manufacturer
    3.1 Global Automatic Fare Collection (AFC) Systems Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Automatic Fare Collection (AFC) Systems Revenue by Manufacturer (2018-2023)
    3.3 Global Automatic Fare Collection (AFC) Systems Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Automatic Fare Collection (AFC) Systems by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Automatic Fare Collection (AFC) Systems Manufacturer Market Share in 2022
        3.4.2 Top 6 Automatic Fare Collection (AFC) Systems Manufacturer Market Share in 2022
    3.5 Automatic Fare Collection (AFC) Systems Market: Overall Company Footprint Analysis
        3.5.1 Automatic Fare Collection (AFC) Systems Market: Region Footprint
        3.5.2 Automatic Fare Collection (AFC) Systems Market: Company Product Type Footprint
        3.5.3 Automatic Fare Collection (AFC) Systems Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Automatic Fare Collection (AFC) Systems Market Size by Region
        4.1.1 Global Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2018-2029)
        4.1.2 Global Automatic Fare Collection (AFC) Systems Consumption Value by Region (2018-2029)
        4.1.3 Global Automatic Fare Collection (AFC) Systems Average Price by Region (2018-2029)
    4.2 North America Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029)
    4.3 Europe Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029)
    4.4 Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029)
    4.5 South America Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029)
    4.6 Middle East and Africa Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    5.2 Global Automatic Fare Collection (AFC) Systems Consumption Value by Type (2018-2029)
    5.3 Global Automatic Fare Collection (AFC) Systems Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    6.2 Global Automatic Fare Collection (AFC) Systems Consumption Value by Application (2018-2029)
    6.3 Global Automatic Fare Collection (AFC) Systems Average Price by Application (2018-2029)

7 North America
    7.1 North America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    7.2 North America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    7.3 North America Automatic Fare Collection (AFC) Systems Market Size by Country
        7.3.1 North America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2029)
        7.3.2 North America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    8.2 Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    8.3 Europe Automatic Fare Collection (AFC) Systems Market Size by Country
        8.3.1 Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2029)
        8.3.2 Europe Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Automatic Fare Collection (AFC) Systems Market Size by Region
        9.3.1 Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    10.2 South America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    10.3 South America Automatic Fare Collection (AFC) Systems Market Size by Country
        10.3.1 South America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2029)
        10.3.2 South America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Automatic Fare Collection (AFC) Systems Market Size by Country
        11.3.1 Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Automatic Fare Collection (AFC) Systems Market Drivers
    12.2 Automatic Fare Collection (AFC) Systems Market Restraints
    12.3 Automatic Fare Collection (AFC) Systems Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Automatic Fare Collection (AFC) Systems and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Automatic Fare Collection (AFC) Systems
    13.3 Automatic Fare Collection (AFC) Systems Production Process
    13.4 Automatic Fare Collection (AFC) Systems Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Automatic Fare Collection (AFC) Systems Typical Distributors
    14.3 Automatic Fare Collection (AFC) Systems Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Automatic Fare Collection (AFC) Systems Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Automatic Fare Collection (AFC) Systems Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. United Basic Information, Manufacturing Base and Competitors
    Table 4. United Major Business
    Table 5. United Automatic Fare Collection (AFC) Systems Product and Services
    Table 6. United Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. United Recent Developments/Updates
    Table 8. Omron Basic Information, Manufacturing Base and Competitors
    Table 9. Omron Major Business
    Table 10. Omron Automatic Fare Collection (AFC) Systems Product and Services
    Table 11. Omron Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. Omron Recent Developments/Updates
    Table 13. Samsung SDS Basic Information, Manufacturing Base and Competitors
    Table 14. Samsung SDS Major Business
    Table 15. Samsung SDS Automatic Fare Collection (AFC) Systems Product and Services
    Table 16. Samsung SDS Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Samsung SDS Recent Developments/Updates
    Table 18. Thales Basic Information, Manufacturing Base and Competitors
    Table 19. Thales Major Business
    Table 20. Thales Automatic Fare Collection (AFC) Systems Product and Services
    Table 21. Thales Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Thales Recent Developments/Updates
    Table 23. Gunnebo Basic Information, Manufacturing Base and Competitors
    Table 24. Gunnebo Major Business
    Table 25. Gunnebo Automatic Fare Collection (AFC) Systems Product and Services
    Table 26. Gunnebo Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Gunnebo Recent Developments/Updates
    Table 28. Chinasoft International Basic Information, Manufacturing Base and Competitors
    Table 29. Chinasoft International Major Business
    Table 30. Chinasoft International Automatic Fare Collection (AFC) Systems Product and Services
    Table 31. Chinasoft International Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Chinasoft International Recent Developments/Updates
    Table 33. Huaming Basic Information, Manufacturing Base and Competitors
    Table 34. Huaming Major Business
    Table 35. Huaming Automatic Fare Collection (AFC) Systems Product and Services
    Table 36. Huaming Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Huaming Recent Developments/Updates
    Table 38. GaoXin Modern Basic Information, Manufacturing Base and Competitors
    Table 39. GaoXin Modern Major Business
    Table 40. GaoXin Modern Automatic Fare Collection (AFC) Systems Product and Services
    Table 41. GaoXin Modern Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. GaoXin Modern Recent Developments/Updates
    Table 43. NXP Semiconductors Basic Information, Manufacturing Base and Competitors
    Table 44. NXP Semiconductors Major Business
    Table 45. NXP Semiconductors Automatic Fare Collection (AFC) Systems Product and Services
    Table 46. NXP Semiconductors Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. NXP Semiconductors Recent Developments/Updates
    Table 48. Shanghai Potevio Company Limited Basic Information, Manufacturing Base and Competitors
    Table 49. Shanghai Potevio Company Limited Major Business
    Table 50. Shanghai Potevio Company Limited Automatic Fare Collection (AFC) Systems Product and Services
    Table 51. Shanghai Potevio Company Limited Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Shanghai Potevio Company Limited Recent Developments/Updates
    Table 53. GRG Banking Basic Information, Manufacturing Base and Competitors
    Table 54. GRG Banking Major Business
    Table 55. GRG Banking Automatic Fare Collection (AFC) Systems Product and Services
    Table 56. GRG Banking Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. GRG Banking Recent Developments/Updates
    Table 58. Huahong Jitong Basic Information, Manufacturing Base and Competitors
    Table 59. Huahong Jitong Major Business
    Table 60. Huahong Jitong Automatic Fare Collection (AFC) Systems Product and Services
    Table 61. Huahong Jitong Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. Huahong Jitong Recent Developments/Updates
    Table 63. Easyway Basic Information, Manufacturing Base and Competitors
    Table 64. Easyway Major Business
    Table 65. Easyway Automatic Fare Collection (AFC) Systems Product and Services
    Table 66. Easyway Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Easyway Recent Developments/Updates
    Table 68. ST Electronics Basic Information, Manufacturing Base and Competitors
    Table 69. ST Electronics Major Business
    Table 70. ST Electronics Automatic Fare Collection (AFC) Systems Product and Services
    Table 71. ST Electronics Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. ST Electronics Recent Developments/Updates
    Table 73. KML Engineering Limited Basic Information, Manufacturing Base and Competitors
    Table 74. KML Engineering Limited Major Business
    Table 75. KML Engineering Limited Automatic Fare Collection (AFC) Systems Product and Services
    Table 76. KML Engineering Limited Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. KML Engineering Limited Recent Developments/Updates
    Table 78. Advance Cards Systems Basic Information, Manufacturing Base and Competitors
    Table 79. Advance Cards Systems Major Business
    Table 80. Advance Cards Systems Automatic Fare Collection (AFC) Systems Product and Services
    Table 81. Advance Cards Systems Automatic Fare Collection (AFC) Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 82. Advance Cards Systems Recent Developments/Updates
    Table 83. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Manufacturer (2018-2023) & (K Units)
    Table 84. Global Automatic Fare Collection (AFC) Systems Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 85. Global Automatic Fare Collection (AFC) Systems Average Price by Manufacturer (2018-2023) & (USD/Unit)
    Table 86. Market Position of Manufacturers in Automatic Fare Collection (AFC) Systems, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 87. Head Office and Automatic Fare Collection (AFC) Systems Production Site of Key Manufacturer
    Table 88. Automatic Fare Collection (AFC) Systems Market: Company Product Type Footprint
    Table 89. Automatic Fare Collection (AFC) Systems Market: Company Product Application Footprint
    Table 90. Automatic Fare Collection (AFC) Systems New Market Entrants and Barriers to Market Entry
    Table 91. Automatic Fare Collection (AFC) Systems Mergers, Acquisition, Agreements, and Collaborations
    Table 92. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 93. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 94. Global Automatic Fare Collection (AFC) Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 95. Global Automatic Fare Collection (AFC) Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 96. Global Automatic Fare Collection (AFC) Systems Average Price by Region (2018-2023) & (USD/Unit)
    Table 97. Global Automatic Fare Collection (AFC) Systems Average Price by Region (2024-2029) & (USD/Unit)
    Table 98. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 99. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 100. Global Automatic Fare Collection (AFC) Systems Consumption Value by Type (2018-2023) & (USD Million)
    Table 101. Global Automatic Fare Collection (AFC) Systems Consumption Value by Type (2024-2029) & (USD Million)
    Table 102. Global Automatic Fare Collection (AFC) Systems Average Price by Type (2018-2023) & (USD/Unit)
    Table 103. Global Automatic Fare Collection (AFC) Systems Average Price by Type (2024-2029) & (USD/Unit)
    Table 104. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 105. Global Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 106. Global Automatic Fare Collection (AFC) Systems Consumption Value by Application (2018-2023) & (USD Million)
    Table 107. Global Automatic Fare Collection (AFC) Systems Consumption Value by Application (2024-2029) & (USD Million)
    Table 108. Global Automatic Fare Collection (AFC) Systems Average Price by Application (2018-2023) & (USD/Unit)
    Table 109. Global Automatic Fare Collection (AFC) Systems Average Price by Application (2024-2029) & (USD/Unit)
    Table 110. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 111. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 112. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 113. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 114. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 115. North America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 116. North America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 117. North America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 118. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 119. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 120. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 121. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 122. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 123. Europe Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 124. Europe Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 125. Europe Automatic Fare Collection (AFC) Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 126. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 127. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 128. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 129. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 130. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 131. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 132. Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 133. Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 134. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 135. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 136. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 137. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 138. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 139. South America Automatic Fare Collection (AFC) Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 140. South America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 141. South America Automatic Fare Collection (AFC) Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 142. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 143. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 144. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 145. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 146. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 147. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 148. Middle East & Africa Automatic Fare Collection (AFC) Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 149. Middle East & Africa Automatic Fare Collection (AFC) Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 150. Automatic Fare Collection (AFC) Systems Raw Material
    Table 151. Key Manufacturers of Automatic Fare Collection (AFC) Systems Raw Materials
    Table 152. Automatic Fare Collection (AFC) Systems Typical Distributors
    Table 153. Automatic Fare Collection (AFC) Systems Typical Customers
List of Figures
    Figure 1. Automatic Fare Collection (AFC) Systems Picture
    Figure 2. Global Automatic Fare Collection (AFC) Systems Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Type in 2022
    Figure 4. Ticket Vending Machine Examples
    Figure 5. Ticket Office Machine Examples
    Figure 6. Fare Gates Examples
    Figure 7. IC Cards Examples
    Figure 8. Global Automatic Fare Collection (AFC) Systems Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 9. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Application in 2022
    Figure 10. Rail & Transit Solution Examples
    Figure 11. Entertainment Solution Examples
    Figure 12. Others Examples
    Figure 13. Global Automatic Fare Collection (AFC) Systems Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 14. Global Automatic Fare Collection (AFC) Systems Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 15. Global Automatic Fare Collection (AFC) Systems Sales Quantity (2018-2029) & (K Units)
    Figure 16. Global Automatic Fare Collection (AFC) Systems Average Price (2018-2029) & (USD/Unit)
    Figure 17. Global Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Manufacturer in 2022
    Figure 18. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Manufacturer in 2022
    Figure 19. Producer Shipments of Automatic Fare Collection (AFC) Systems by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 20. Top 3 Automatic Fare Collection (AFC) Systems Manufacturer (Consumption Value) Market Share in 2022
    Figure 21. Top 6 Automatic Fare Collection (AFC) Systems Manufacturer (Consumption Value) Market Share in 2022
    Figure 22. Global Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 23. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Region (2018-2029)
    Figure 24. North America Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029) & (USD Million)
    Figure 25. Europe Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029) & (USD Million)
    Figure 26. Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029) & (USD Million)
    Figure 27. South America Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029) & (USD Million)
    Figure 28. Middle East & Africa Automatic Fare Collection (AFC) Systems Consumption Value (2018-2029) & (USD Million)
    Figure 29. Global Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 30. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Type (2018-2029)
    Figure 31. Global Automatic Fare Collection (AFC) Systems Average Price by Type (2018-2029) & (USD/Unit)
    Figure 32. Global Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 33. Global Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Application (2018-2029)
    Figure 34. Global Automatic Fare Collection (AFC) Systems Average Price by Application (2018-2029) & (USD/Unit)
    Figure 35. North America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 36. North America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 37. North America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 38. North America Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Country (2018-2029)
    Figure 39. United States Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 40. Canada Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 41. Mexico Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 42. Europe Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 43. Europe Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 44. Europe Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 45. Europe Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Country (2018-2029)
    Figure 46. Germany Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 47. France Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. United Kingdom Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. Russia Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. Italy Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 52. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 53. Asia-Pacific Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 54. Asia-Pacific Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Region (2018-2029)
    Figure 55. China Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 56. Japan Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. Korea Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. India Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. Southeast Asia Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. Australia Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. South America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 62. South America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 63. South America Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 64. South America Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Country (2018-2029)
    Figure 65. Brazil Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 66. Argentina Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 67. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 68. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 69. Middle East & Africa Automatic Fare Collection (AFC) Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 70. Middle East & Africa Automatic Fare Collection (AFC) Systems Consumption Value Market Share by Region (2018-2029)
    Figure 71. Turkey Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 72. Egypt Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 73. Saudi Arabia Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 74. South Africa Automatic Fare Collection (AFC) Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 75. Automatic Fare Collection (AFC) Systems Market Drivers
    Figure 76. Automatic Fare Collection (AFC) Systems Market Restraints
    Figure 77. Automatic Fare Collection (AFC) Systems Market Trends
    Figure 78. Porters Five Forces Analysis
    Figure 79. Manufacturing Cost Structure Analysis of Automatic Fare Collection (AFC) Systems in 2022
    Figure 80. Manufacturing Process Analysis of Automatic Fare Collection (AFC) Systems
    Figure 81. Automatic Fare Collection (AFC) Systems Industrial Chain
    Figure 82. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 83. Direct Channel Pros & Cons
    Figure 84. Indirect Channel Pros & Cons
    Figure 85. Methodology
    Figure 86. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Product Tags

Automatic Fare Collection (AFC) Systems

Atmosphere Heat Treatment Furnace

Electrical Wiring Equipment

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