The Automatic Fare Collection (AFC) Systems Market size will be XX million (USD) in 2022 in China, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) XX% from 2016 to 2022.
The Global Automatic Fare Collection (AFC) Machine Industry report gives a comprehensive account of the Global Automatic Fare Collection (AFC) Machine market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. Furthermore, this report features tables and figures that render a clear perspective of the Automatic Fare Collection (AFC) Machine market. Get Complete Report with TOC : http://www.qyresearchgroup.com/market-analysis/global-automatic-fare-collection-afc-machine-industry-2015.html
“India Automatic Fare Collection (AFC) Systems Market”this report studies the Automatic Fare Collection (AFC) Systems development status and future trend in India, focuses on top players in India. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-15158/india-automatic-fare-collection-systems.html
The AFC equipment and core modules produced by the Chinese AFC giant GRG Banking Equipment have been applied to more than thirty urban rail transportation and high-speed passenger railway lines in China.
Automation is a set of technologies that results in operation of machines and systems without significant human intervention and achieves performance superior to manual operation.
The automated fare collection (AFC) market is anticipated to grow significantly from 2016 to 2024 owing to its increased usage in public transport. AFC system provides easy, efficient solution by eliminating manual fare collection. It has helped in reducing customer waiting time for buying tickets.
Global Automated Fare Collection Market industry valued approximately USD 6.51 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.21% over the forecast period 20172025. Major factors propelling the growth are civil developments and largescale development in public infrastructure. Rising number of regional integration between system providers and commute agencies like railways, airports, etc also adds to positive growth.
Looking forward, the automated fare collection market value is projected to reach a strong growth during the forecast period (2021-2026). More info:- https://www.imarcgroup.com/automated-fare-collection-market
Looking forward, the automated fare collection market value is projected to reach a strong growth during the forecast period (2022-2027). More info:- https://www.imarcgroup.com/automated-fare-collection-market
Get The Detailed Survey Of The Report "Global AFC Systems Market 2015-2019" By Big Market Research Order The Copy Of This Report On : http://www.bigmarketresearch.com/global-afc-systems-2015-2019-market An automatic fare collection (AFC) system automates the ticketing system in transportation networks. The AFC system improves the transaction rate, provides affordable operations, and enables more efficient fare collection. Global Automatic Fare Collection Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Big Market Research has announced The Addition Of The Report "AFC Systems Market in China 2015-2019" To Its Offerings Order The Copy Of This Report On : http://www.bigmarketresearch.com/afc-systems-in-china-2015-2019-market About Automatic Fare Collection Systems: Automatic fare collection system is the integration of devices and software that automate the ticketing systems of transportation networks. The system is based on contactless technology and is automated to computation of fare and manually or automatically collection from travellers. Analysts forecast the AFC Systems Market in China to grow at a CAGR of 12.04 percent over the period 2014-2019.
Get a sample brochure @ http://tinyurl.com/zdh7frq Automated fare collection system is a contactless, end-to-end result for collecting fare payment, replacing traditional ticketing system with automated ticketing and fare collection systems. It comprises automatic gate machines, ticket vending machines, recharging terminals, and ticket checking machines. This system enables efficiency in fare collection, improves the overall transaction rate, and saves extensive amount of time, thereby minimizing waiting time in queues and searching for cash to buy tickets. In addition, it is the easiest method for revenue collection. It offers travelers to carry one card for use on all transit modes.
Rolling Stock Management Market by Management (Rail, Infrastructure), Rail (Remote Diagnostic, Wayside, Train, Asset, Cab Advisory), Infrastructure (Control Room, Station, Automatic Fare Collection), Maintenance Service & Region - Global Forecast to 2025
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According to the latest research report by IMARC Group, The Japan railway management system market size is projected to exhibit a growth rate (CAGR) of 10.90% during 2024-2032. More Info:- https://www.imarcgroup.com/japan-railway-management-system-market
The report covers the present scenario and the growth prospects of the AFC Systems market in China for the period 2015-2019. AFC Systems Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. Browse full report @ http://bit.ly/1FJCfOp
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/3524 Based on maintenance, the Rolling Stock Management Market can be classified into corrective maintenance, preventive maintenance, and predictive maintenance. The predictive maintenance is expected to witness growth owing to maximizing the intervals of repairing while minimizing the cost to avoid the system failures. The system offers greater safety, along with a reduction in equipment and labor cost. Several industry players are engaged in joint ventures for predictive maintenance of trains to minimize the maintenance cost of operators. For instance, in September 2018, Nokia entered into a strategic partnership with Altran to develop a streamlined and predictive maintenance solution of rolling stocks for railway operators.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/178 Internet of things, big data, analytics, and mobile technology have significantly marked their presence across various industries. Automotive industry which is booming with the rapid increase in population is now much of a technology revolutionized space. With the growing number of vehicles, there has been an immense demand for road safety and traffic management to enhance user travel experience. This rising demand to improve transport efficiency has positively impacted the growth of Intelligent Transport System in the automotive industry. ITS or Intelligent Transport System market is anticipated to grow significantly in the coming years, hitting a revenue of USD 47.6 billion by 2022.
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The Computer Based Train Control (CBTC) is upgraded system of typical old-block signalling system. The CBTC equipped train are capable of calculating, communicating, and providing update through radio to the wayside equipment distributed along the line. CBTC system allows the optimal utilization of the existing rail infrastructure in achieving maximum capacity and minimum headway between operating trains, while maintaining the safety requirements. These technologies have fuelled the growth of connected rail technology.
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