Global Market for Automatic Passenger Counting and Information System is Anticipated to grow at a Significant Pace i.e., USD 20.7 Billion during the Forecast Period 2022-2028

Published Date: Jul, 2022

The global automatic passenger counting and information system market is anticipated to grow at a 10% CAGR during the forecast period. The global automatic counting system market offers traffic volumes that are required by federal and state funding agencies. This ridership data can be used by service planners to change the routes of transit vehicles based on passenger traffic. The rising implementation of advanced technology in the automotive and transportation industries, as well as the gradual shift towards digitization, are the main factors driving the market growth of the automatic passenger counting and information system market. Additionally, accelerated deployment of automatic passenger counting systems for cost optimization and surge in demand for real-time transit information from passengers, and proper fleet management by transit vehicle operators amidst COVID-19 crisis are some of the other factors driving the growth of the automatic passenger counting and information system market in the coming years.

In June 2021, for the transportation sector, Eurotech has introduced a high-performance edge computing system (HPEC) that enables the deployment of cutting-edge AI-based analytics capabilities at the edge.

The impact of COVID-19 on their end-user applications like logistics & supply chain, electronics, manufacturing, etc. had reduced demand for passenger information systems. This is due to halting in the supply of raw material and finished goods during the coronavirus outbreak.

Browse 75 market data Tables and 45 Figures spread through 200 Pages and in-depth TOC on " Automatic Passenger Counting and Information System Market by Type (Automatic Passenger Counting Systems and Passenger Information Systems), Automatic Passenger Counting by Application (Buses, Trains and Trams, and Ferries), Automatic Passenger Counting by Technology (Time of Flight, Stereoscopic Vision, Infrared, and Others), Passenger Information System by Type (Infotainment Systems, Mobile Applications, Display Systems, Announcement, and Emergency Communication Systems), Passenger Information System by Application (Railways, Roadways, and Airways), and Region - Global Forecast to 2028"

By type, mobile applications in passenger information systems is anticipated to have the fastest growth during the forecast period.

Mobile application is anticipated to grow at a faster pace during the forecast period owing to increased adoption of smartphones which help in viewing amps, easy location identification, and provide access to information. Mobile applications also help in providing emergency messages and acquaint passengers regarding delays.

Global Automatic Passenger Counting and Information System Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

Automatic Passenger Counting Systems and Passenger Information Systems

Passenger Information Systems (Largest)

Automatic Passenger Counting System Market by Application

Buses, Trains and Trams, and Ferries

Buses (Largest)

Automatic Passenger Counting System Market by Technology

Time of Flight, Stereoscopic Vision, Infrared, and Others

Stereoscopic Vision (High CAGR)

Passenger Information System Market by Type

Infotainment Systems, Mobile Applications, Display Systems, Announcement, and Emergency Communication Systems

Display Systems (Largest)

Mobile Applications (Fastest)

Passenger Information System Market by Application

Railways, Roadways, and Airways

Railways (Largest)

 

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

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“APAC is anticipated to grow at a faster pace in the automatic passenger counting and information system market during the forecast period.”

APAC is anticipated to grow at a faster pace during the forecast period owing to rising demand for APC in transit systems, rising urbanization, increased usage of developed technologies, massive investment projects in public transit systems, and growth in the automotive and transportation industry.

Some of the major players in the global Automatic Passenger Counting and Information System industry include DILAX Intelcom GmbH, iris-GmbH infrared & intelligent sensors, EUROTECH, Cisco Systems, Inc., Siemens AG, HELLA AGLAIA MOBILE VISION GMBH, Infodev Electronic Designers International inc., Huawei Technology Co., Ltd., Clever Devices Ltd, and Retail Sensing Ltd.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2016–2028

Historical Period

2016–2021

Base Year

2021

Forecast Period

2022–2028

Segments Covered in the Study

Type, Automatic Passenger Counting System Market Application, Automatic Passenger Counting System Market Technology, Passenger Information System Market Type, Passenger Information System Market Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

DILAX Intelcom GmbH, iris-GmbH infrared & intelligent sensors, EUROTECH, Cisco Systems, Inc., Siemens AG, HELLA AGLAIA MOBILE VISION GMBH, Infodev Electronic Designers International inc., Huawei Technology Co., Ltd., Clever Devices Ltd, and Retail Sensing Ltd.

Global Automatic Passenger Counting and Information System Market Coverage

Type Insight and Forecast 2016-2028

  • Automatic Passenger Counting Systems
  • Passenger Information Systems

Automatic Passenger Counting System Market Application Insight and Forecast 2016-2028

  • Buses
  • Trains and Trams
  • Ferries

Automatic Passenger Counting System Market Technology Insight and Forecast 2016-2028

  • Time of Flight
  • Stereoscopic Vision
  • Infrared
  • Others

Passenger Information System Market Type Insight and Forecast 2016-2028

  • Infotainment Systems
  • Mobile Applications
  • Display Systems
  • Announcement
  • Emergency Communication Systems

Passenger Information System Market Application Insight and Forecast 2016-2028

  • Railways
  • Roadways
  • Airways

Geographical Segmentation

Automatic Passenger Counting and Information System Market by Region

North America

  • By Type
  • APC System Market, By Application
  • APC System Market, By Technology
  • PIS Market, By Type
  • PIS Market, By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • APC System Market, By Application
  • APC System Market, By Technology
  • PIS Market, By Type
  • PIS Market, By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • APC System Market, By Application
  • APC System Market, By Technology
  • PIS Market, By Type
  • PIS Market, By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • APC System Market, By Application
  • APC System Market, By Technology
  • PIS Market, By Type
  • PIS Market, By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries