Global Automated Passenger Counting System Market is expected to reach $745.03 million by 2027 growing at a CAGR of 20.0% during 2018 to 2027.

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Some of the key players in the Automated Passenger Counting System market include Trapeze Group, Syncromatics Corp, Start-Up Ecosystem, Siemens AG, Retail Sensing Ltd, Hitachi Ltd, Eurotech S P A, Dilax Intelcom GmbH, Clever Devices Ltd and Cisco Systems Inc.

Gaithersburg, Maryland, United States – December 17, 2019 /MarketersMedia/

Demand in adoption of advanced solutions in the transport sector and benefits offered by the market to transit operators in optimizing operational cost is likely to boost the growth of the market. However, Lack of awareness of the benefits offered by passenger counting systems in some countries is likely to hamper the profit boundaries.

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Automated Passenger Counting System is a hardware and mobile-based application system. This research involved the design and implementation of automated passenger counting which provides a solution to remove syndicate and corruption in the transportation sector. It counts how many passengers are sitting on the seat and shows on the display screen in real time monitor and the authority can see the total number of passengers. No paper receipt is needed to ride on the bus. It enables transport authority to obtain accurate bus fare from bus drivers and helpers remotely instead manually counting where corruption happens. This system is made with Arduino Uno, Bluetooth HC-05 module, pressure pad, potentiometer, data collection software module. The proposed passenger counting system would be beneficial for both bus owners and government

Based on the application, Roadways is expected to lead the passenger information system market during the forecast period. Passenger information systems used for roadways include passenger information display systems, mobile application-based systems, infotainment systems, and passenger information announcement systems. Passenger information systems are installed at bus stations, bus shelters, bus stands, and roadsides to convey real-time information to passengers.

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By geography, APAC is expected to grow at the highest rate during the forecast period. The healthy economic growth and the increasing urbanization for the growth of the automated passenger counting and information systems market in APAC, The APAC region comprises highly populated and rapidly developing countries such as China, India, and others. The transportation sector in these countries is developing at a significant rate to match the economic and cultural standards of developed countries, which is one of the drivers for the passenger information system market in the region.

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Types Covered:
• Passenger Information Mobile Application
• Passenger Information Display Systems
• Passenger Information Announcement Systems
• Infotainment Systems
• Emergency Communication Systems
• Other Types

Devices and Components Covered:
• Sensors
• Public Announcement Systems
• Networking and Communication Devices
• Multimedia Display
• Other Devices

Production Analysis Covered:
• Technology Cost Analysis
• Raw Material Cost Analysis
• Labor Cost Analysis
• Other Analysis

Technologies Covered:
• Time-Of-Flight
• Stereoscopic Vision
• Infrared
• Other Technologies

Applications Covered:
• Roadways
• Railways
• Ferry Boats
• Airways
• Buses
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
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– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-automated-passenger-counting-system-market-is-expected-to-reach-74503-million-by-2027-growing-at-a-cagr-of-200-during-2018-to-2027/88939764

Source: MarketersMedia

Release ID: 88939764

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