Automated passenger counting system market is anticipated to grow at a considerable CAGR of 11.9% during the forecast period. The major factor driving the demand for automated passenger counting systems includes the rising number of smartphone users, technological development in the field of passenger information systems, and growing demand for real-time transit information about passengers. Further, the rapidly growing activities such as the launching of new and innovative solutions for automated passenger counting systems are some of the factors anticipated to fuel the demand for automated passenger counting systems. For instance, in February 2020, the University of Michigan launched a new real-time passenger information system on February 3, powered by Clever Devices technology. The Magic Bus app features several new features for riders, including stop times, a real-time map, a trip planner, the ability to create an online account, and tracking via text message.
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The global automated passenger counting system market is segmented based on its type, technology, and application. Based on its type, the market is segmented into display systems, announcement and emergency communication systems, infotainment systems, and mobile applications. Based on the technology, the market is categorized into stereoscopic vision, infrared, time of flight, and others. The other segment includes treadle mats, monocular cameras, and IP cameras. Further, based on the application, the market is segmented into buses, trains and trams, and ferries. Among the application segment, trains and trams are anticipated to hold a prominent market share, while the market for buses is estimated to witness the fastest growth.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automated Passenger Counting System Market Report Segment
By Type
- Display Systems
- Announcement and Emergency Communication Systems
- Infotainment Systems
- Mobile Applications
By Technology
- Stereoscopic Vision
- Infrared
- Time of Flight
- Others (IP and Monocular Camera)
By Application
- Buses
- Trains and Trams
- Ferries
Global Automated Passenger Counting System Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automated passenger counting system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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