Automated
Passenger Counter Market Size and Growth Rate:
As per the latest reports published by
Research Cosmos, Automated Passenger Counter Market is expected to reach USD 298.5
Million by 2022 growing at a CAGR of 18.7% during 2017 to 2022.
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details of 140 number of pages research report developed on Automated Passenger
Counter Market @ https://www.researchcosmos.com/reports/automated-passenger-counter-apc-market/16430256
Automated
Passenger Counter Market Overview:
The Automated Passenger Counter (APC) is an
electronic device that records the number of passengers boarding in a transit
vehicle for all round trips. It is an electronic information system for
travelers that provide information to them in real time. Its role is focused on
providing information about the nature and causes of anticipation and confusion
about arrival and departure schedules. Passenger information systems are placed
on buses, light trains, trains, subways and ferry boats.
Automated
Passenger Counter Market Growth Drivers and Restraints:
The automated passengers counter registers the
data of boarding and accidents. APC improves the accuracy of the reports and
analyzes the patterns of use of public transport. The increase in the rigidity
of government regulations related to the shipment of passenger data is one of
the main drivers of market growth. This has increased the adoption of APC by
public transport operators. Automated passenger counters help the fleet
operator to optimize operating costs through detailed passenger information on
all trips, routes and stops during specific periods. The APC is important for
data tracking in elevated passenger transport systems and provides real-time
traffic information to the carrier.
However, it is difficult to predict the real
financial benefits of using this information system. We should consider that
customers are willing to pay more to take full advantage of the information
they need in a timely manner. The main initial investments necessary to install
APC and information systems was one of the main obstacles to the growth of the
market. Another important challenge for the deployment of this information
system is the concern for the accuracy and reliability of the data it provides.
Through the use of advance information solutions in the transport sector,
operators strive to maximize the efficiency of their operational processes and
to provide an improved user experience. The automation of the information
process entails a significant saving of long-term costs.
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Geographical
Analysis of Automated Passenger Counter Market:
North America has contributed significantly to
the automated passengers counter market. The US market, which was the early
adoption of APCs and information systems, will grow at a moderate pace during
the forecast period. It is expected that Asia Pacific countries, such as India,
China and Thailand, will provide significant growth opportunities for APCs
during the forecast period, as a result of significant investments in projects
of traffic infrastructures.
Key
Players of Automated Passenger Counter Market:
Among the main protagonists of the automated
passengers counter market are HELLA Aglaia Mobile Vision GmbH, Iris-GmbH and
Eurotech S.p.A.
Automated
Passenger Counter Market Segmentation:
By Type:
·
Passenger Information Display Systems
·
Passenger Information Announcement
Systems
·
Emergency Announcement Systems
·
Infotainment Systems
·
Passenger Information Mobile
Application
·
Passenger Information System Market
By
Technology:
·
Infrared
·
Stereoscopic Vision
·
Time-of-Flight
By
Application:
·
Railways
·
Roadways
·
Airways
By Region:
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle East and Africa
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