MRFR Year End Sale
Global Automated Passenger Counting System Market Research Report - Forecast 2027

Automated Passenger Counting System Market, By Technology (Infrared, Stereoscopic Vision, Time-of-Flight, IP cameras), By Application (Railways, Roadways, Airways), By End-users (Buses, Trains, Ferry Boats) - Forecast 2027

ID: MRFR/SEM/1770-HCR | December 2022 | Region: Global | 100 Pages         

Automated Passenger Counting System Market

Global Automated Passenger Counting System Market is poised to reach a market size of USD 300 million by end of the year 2027 growing with a 20% CAGR

Segmentation

By Type Display Systems Announcements Infotainment systems Mobile Applications
By End-users Buses Rails Ferry Boats
By Application Railways Roadways Airways
By Technology Infrared Stereoscopic Vision Time-of-Flight IP cameras

Key Players

  • Ris-GmbH (Germany)
  • HELLA Aglaia Mobile Vision GmbH (Germany)
  • Eurotech S.p.A. (Italy)
  • DILAX Intelcom GmbH (Germany)
  • Infodev Electronic Designers
  • International Inc. (Canada)
  • Cisco Systems
  • Siemens AG (Germany)
  • Hitachi(Japan)
  • Huawei Technology Co.Ltd. (China)
  • Clever Devices Ltd. (U.S.)
  • Retail Sensing Ltd. (U.K.)
  • Syncromatics Corp. (U.S.)
  • Trapeze Group (Canada)
  • others.

Drivers

  • Growing urbanization
  • Demand over smart telematics solutions
  • The increase the need for fleet optimization
Speak to Analyst Request a Free Sample

Automated Passenger Counting System Market Size and Overview


Globally, the size of Automated Passenger Counting System Market is set to grow at a CAGR of 20%, estimated to reach USD 300 million by 2027 driven by government regulations regarding the requirement of transit data.

The electronic system designed to keep track of passengers boarding and disembarking private or public transport is an automated passenger counting system. The technological solutions in the transit system provide helpful visions into statistics related to peak and non-peak hours, real-time passenger count, route analytics, and the number of passengers per stop. However, it allows the passengers to locate the vehicle in real-time and plan their routes accordingly. The success of applications and mobile platforms further shows a profitable landscape for the industry players in the automated passenger counting system market during the estimated period. Due to covid-19, the government implemented strict regulations in different regions to deal with the pandemic that affected the automated passenger counting system market. Some of the rules included an entirely temporary shutdown of production facilities or partial operations with a limited workforce and travel restrictions. These regulations have interrupted the supply chain across the world, affecting companies' production capacities. The market demand decreased due to the impact of covid-19 on end-use applications. Due to the driving factors such as technological developments in transit systems combined with increased adoption of such solutions in the transport sector, the market is anticipated to grow within the forecast period. However, the demand for real-time transit information and government rules is further estimated to boost market growth positively. The poor transportation infrastructure may hinder the market growth of the automated passenger counting system during the projected period. A rise in internet-based services for timely updates is estimated to create profitable growth opportunities for the automated passenger counting system market.


COVID-19 Analysis:


Everything in the world was changed due to the COVID-19 pandemic. Due to the extension of lockdowns, the transit system was almost stopped. The demand for passenger information display systems was reduced and some players experienced the demand for passenger counting sensor systems to manage real-time passengers.


The key drivers for the growth of the automated passenger counting system are government regulations during the requirement of transit data, surge demand over advanced solutions, to raise demand for real-time transit information from passengers, proper fleet management, deployment of the automatic passenger counting system. The increased use of internet-based services to offer transit updates to passengers and public transport operators are the growing opportunities for the automated passenger counting & Information System Market. 


Market Dynamics:

Driver:


Government regulations regarding the requirement of transit data


In some countries, the government regulates the ridership data report from fleet operators to government agencies which is the major key factor for the growth of the automated passenger counting system market. The data collected by government agencies are used to keep track of the public transport services of passengers, to analyze commuting trends, etc. For the growing population, there is a requirement for advanced transport services in all modes.


Restraint:


Though the Automated Passenger Counting System Market is in a growing position, some developing and least developed countries are in low adoption of these advanced technologies due to lack of awareness of benefits provided by the automated sensor system. Global Automated Counting system market can provide ridership reports which were required to the various federal and state funding agencies. The service planners can use this ridership data to change the routes of transit vehicles according to the passenger traffic.


Opportunities:


Technological advancements in automated passenger counting systems


Advanced features like time-of-flight and stereoscopic vision technologies are included in the automated passenger counting system. It performs with 95% accuracy more than the traditional passenger counting system. During the mount on high ceilings or high traffic environments, slight variations inaccurate counting are produced due to light or temperature. This problem was overcome by automation technology by stereoscopic vision and time of flight technology.


Challenge:


Several countries faced critical situations during the COVID-19 period. Due to government regulations, travel restrictions, and temporary lockdowns, the automated passenger counting system market was affected negatively. Even some companies faced a lack of manufacturing facilities and manpower. These situations were influenced by supply chain disruptions negatively and reduced the demand for the automated passenger information system market.


Cumulative Growth Analysis:


Buses segment:


By increasing the number of buses leads to rising demand for automated passenger counting systems for their reliable and safe services and the efficiency of transit operations. Amid pandemic must know real-time seat occupancy in buses to follow the social distance.


By mobile applications:


Using mobile applications, passengers can get information about transit agencies and their services. They also can provide emergency announcements, apprise passengers about delays using this technology.


Technology Analysis  


For the past few years, stereographic vision technology has gained traction in Automated Passenger Counting & Information System Market that gathers significant insights from high-volume traffic data. Passenger counting sensors can detect frauds easily by comparing the passenger counts with ticket sales and can also detect the moving directions of the passengers. It can increase the efficiency of transit operations by its advanced features like scheduling of vehicle routes, analyzing traveling patterns of passengers, and evaluating the traffic flow.


Study Objectives -



  • To provide the insights that are affecting the growth of the automated passenger counting system

  • To provide various segments and sub-segments forecast report in a detailed explanation.

  • By providing the historical and forecast report of market segments concerning four main geographies and their countries which are North-America, Europe, Asia and Rest of the world.

  • By providing the strategic profile of key players in the automated passenger counting system Market and should analyze their core competencies and draw a competitive landscape for the market.


Automated Passenger Counting System Market Segment Overview:


The Global automated passenger counting system Market uses various segments to increase its demand in the market. Based on the technology, application, end-users, and region, this automated software system was segmented.


By Technology


Using stereoscopic vision, time-of-flight, IP cameras, the market can be bifurcated into the infrared. It can produce accurate results even in high ceiling mounts in fleet optimization.


By Application


The market can be segmented into railways, roadways, and airways. Using mobile applications, you can track and analyze the vehicle’s routes, timings, seat bookings and use many more advanced features. Railways accounted for the largest share of the global automated passenger counting system market by providing information like train timetables, delays, announcements, and many more emergency details.


By End-users


The market can be segmented into buses, rails, ferry boats and further segmented into four regions that are North-America, Europe, Asia-Pacific, and the Rest of the World.


By Type


Display Systems, Announcements, Infotainment systems, Mobile Applications


Automated Passenger Counting System Market Regional Analysis -


North-America, the early adopters of the Automated Passenger Counting System Market accounted for the largest market share, especially in the U.S.


In the Asia-Pacific region, it is expected to grow in India and China countries in the forecast period of 2016-2022 for their large amount of money investments in the transportation sector.


Competitive Landscape


The major key players of the Global Automated Passenger Counting System Market are as follows:



  • Ris-GmbH (Germany),

  • HELLA Aglaia Mobile Vision GmbH (Germany),

  • Eurotech S.p.A. (Italy),

  • DILAX Intelcom GmbH (Germany),

  • Infodev Electronic Designers International Inc. (Canada),

  • Cisco Systems, Inc. (U.S.)

  • Siemens AG (Germany),

  • Hitachi, Ltd. (Japan),

  • Huawei Technology Co., Ltd. (China),

  • Clever Devices Ltd. (U.S.),

  • Retail Sensing Ltd. (U.K.),

  • Syncromatics Corp. (U.S.), and

  • Trapeze Group (Canada) and others.


IRis-GmbH Infrared & Intelligent Sensors(Germany), Eurotech(Italy), DILAX Intelcom GmbH(Germany) are some of the leading players in the market. These companies using new product developments, partnerships, and acquisitions provide the customized products according to the customer’s requirements.


Recent Developments


April 2022


Eurotech has launched the HPEC system for transportation, which provides high-performance networking in vehicles.


Report Overview:


The full report is inclusive of the following:



  • Market Overview

  • COVID-19 Analysis

  • Market Dynamics

  • Technology Analysis

  • Study Objectives

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments

  • FAQs


Automated Passenger Counting System Market Segmentation Table


By Technology



  • Infrared

  • Stereoscopic Vision

  • Time-of-Flight

  • Others


By Application


Railways, Roadways, Airways


By Region


North America, Europe, APAC, Rest of the World


By Type


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



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 300 million
  CAGR   20%
  Base Year   2021
  Forecast Period   2022-2027
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Application, End-users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Ris-GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada)
  Key Market Opportunities   Technological advancements in automated passenger counting systems
  Key Market Drivers   Government regulations regarding the requirement of transit data


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

The automated Passenger Counting System Market is set to grow at a CAGR of 20%, estimated to reach USD 300 million by 2027

The increasing demand for automated passenger counting system from smartphone manufacturers, coupled with the integration of augmented reality in smartphones, along with the growing demand for 3D televisions, is creating opportunities for market players.

The North America region holds the largest share of the market across the globe, followed by Europe and the Asia Pacific region. The U.S. and Canada are contributing substantially towards the North America market share.

The global market for automated passenger counting system is analyzed based on type and application, wherein the BFSI application segment is expected to witness maximum demand over the review period.

The higher preliminary cost in emerging economies which are cost-sensitive, can act as a challenge for market growth. Moreover, the relatively quick return on investments is also expected to impede the market growth.