Dublin, May 22, 2024 (GLOBE NEWSWIRE) -- The "Automated Passenger Counting System Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global automated passenger counting system market is expected to reach an estimated $12.9 billion by 2030 with a CAGR of 6.2% from 2024 to 2030.
The major drivers for this market are increasing demand for accurate ridership information for public transportation planning, growing emphasis on passenger data for improved operational efficiency, and government regulations promoting the adoption of advanced transportation analytics. The future of the market looks promising with opportunities in the railway, roadway, and airway applications.
The study includes a forecast for the global automated passenger counting system by type, technology, application, and region.
Automated Passenger Counting System Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Display Systems
- Announcements
- Infotainment Systems
- Mobile Applications
Mobile applications will remain the largest segment over the forecast period.
Automated Passenger Counting System Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Infrared
- Stereoscopic Vision
- Time-of-Flight
- IP Cameras
Automated Passenger Counting System Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Railways
- Roadways
- Airways
- Others
Railways will remain the largest segment over the forecast period.
Automated Passenger Counting System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
APAC will remain the largest region over the forecast period.
List of Automated Passenger Counting System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automated passenger counting system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated passenger counting system companies profiled in this report include:
- Ris
- HELLA Aglaia Mobile Vision
- Eurotech
- DILAX Intelcom
- Infodev Electronic Designers
- Cisco Systems
- Siemens
- Hitachi
- Huawei Technology
- Clever Devices
Features of the Global Automated Passenger Counting System Market
- Market Size Estimates: Automated passenger counting system market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automated passenger counting system market size by type, technology, application, and region in terms of value ($B).
- Regional Analysis: Automated passenger counting system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, technologies, applications, and regions for the automated passenger counting system market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automated passenger counting system market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/y5l3uu
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