Key Factors Driving the Growth of the Automated Passenger Counting and Information System Market till 2027

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MarketsandMarkets Presents
The Global Automated Passenger Counting and
Information System Market Size is projected to
grow from USD 8.0 billion in 2022 to USD 12.5
billion by 2027 at CAGR of 9.4 during the
forecast period. One of the key driving factors
for the growth of the automated passenger
counting system market is the government
regulations in some countries for the regular
reporting of ridership data from fleet operators
to government agencies.
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MarketsandMarkets Presents
Passenger information systems accounted for a
larger share of the market in 2021 Passenger
information systems accounted for a larger share
of the market in 2021. Passenger information
systems enable bus transit operators to determine
the passenger traveling patterns to schedule the
time and routes of their vehicles. The intense
competition among bus operators to enhance their
service offerings and gain an increased number of
customers is leading to a rise in the adoption of
passenger counting systems in buses. Get PDF
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MarketsandMarkets Presents
Passenger information systems accounted for a
larger share of the market in 2021 These systems
provide real-time information to help transit
operators in ensuring the smooth and hassle-free
functioning of their buses during COVID-19.
Passenger information systems are increasingly
being used in railways as they provide real-time
information related to the occupancy level in
vehicles. They are also used for infotainment
purposes and ensure the safety of passengers with
emergency communication systems in case of any
kind of emergency.
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MarketsandMarkets Presents
Stereoscopic Vision technology is projected to
witness the highest CAGR during the forecast
period Stereoscopic Vision technology is
projected to witness the highest CAGR during the
forecast period. Stereoscopic vision technology
has been gaining traction in the market for the
past few years as it gathers accurate information
from high-volume traffic data. Moreover, this
technology can also easily detect the direction
wherein passengers are moving. Automated
passenger counting systems can be used to detect
fraud by comparing passenger counts with ticket
sales increasing the efficiency of transit
operations through the proper scheduling of
vehicle routes analyzing the traveling patterns
of passengers, and evaluating the traffic flow.
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MarketsandMarkets Presents
Stereoscopic Vision technology is projected to
witness the highest CAGR during the forecast
period Stereoscopic vision technology enables
bus operators to determine the actual number of
passengers at each stop or during each trip. It
helps in increasing revenues of bus operators as
automated passenger counting systems enable the
crosschecking of the number of passengers against
the issued tickets. Speak To Analyst _at_
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MarketsandMarkets Presents
Automated passenger counting system market in
Asia Pacific is projected to grow at the highest
CAGR from 2022 to 2027 The automated passenger
counting system market in Asia Pacific is
projected to grow at the highest CAGR from 2022
to 2027. The growth of the market in this region
can be attributed to the increasing adoption of
passenger counting systems in transit vehicles to
provide reliable, secure, and timely
transportation services. Automated passenger
counting systems provide accurate information
about the number of passengers who have boarded
and alighted transit vehicles, thereby helping
transit operators analyze the traveling patterns
of passengers for a particular route and their
time schedules.
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MarketsandMarkets Presents
Automated passenger counting system market in
Asia Pacific is projected to grow at the highest
CAGR from 2022 to 2027 The large population base
of countries such as China and India and the
continuously increasing population of countries
such as Australia create requirements for smart
transportation networks to ensure a reliable and
secure traveling experience for passengers.
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MarketsandMarkets Presents
Key Players Eurotech (Italy), HELLA Aglaia
Mobile Vision (Germany), and iris-GmbH (Germany)
are some of the key manufacturers of Automated
passenger counting system market in Asia
Pacific. Browse For More Details -
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