The global Railway Automated Fare Collection (AFC) System market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
This report includes an overview of the development of the Railway Automated Fare Collection (AFC) System industry chain, the market status of Off-Board (Farebox, Ticket Vending Machines (TVM)), On-Board (Farebox, Ticket Vending Machines (TVM)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Railway Automated Fare Collection (AFC) System.
Regionally, the report analyzes the Railway Automated Fare Collection (AFC) System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Railway Automated Fare Collection (AFC) System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Railway Automated Fare Collection (AFC) System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Railway Automated Fare Collection (AFC) System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Farebox, Ticket Vending Machines (TVM)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Railway Automated Fare Collection (AFC) System market.
Regional Analysis: The report involves examining the Railway Automated Fare Collection (AFC) System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Railway Automated Fare Collection (AFC) System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Railway Automated Fare Collection (AFC) System:
Company Analysis: Report covers individual Railway Automated Fare Collection (AFC) System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Railway Automated Fare Collection (AFC) System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Off-Board, On-Board).
Technology Analysis: Report covers specific technologies relevant to Railway Automated Fare Collection (AFC) System. It assesses the current state, advancements, and potential future developments in Railway Automated Fare Collection (AFC) System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Railway Automated Fare Collection (AFC) System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Railway Automated Fare Collection (AFC) System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Farebox
Ticket Vending Machines (TVM)
Validator
Market segment by Application
Off-Board
On-Board
Major players covered
CRRC
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
INIT
Huaming
Xerox
GFI Genfare
LECIP
Shanghai Potevio Company Limited
Gunnebo
GMV
Huahong Jitong
GRG Banking
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Railway Automated Fare Collection (AFC) System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Railway Automated Fare Collection (AFC) System, with price, sales, revenue and global market share of Railway Automated Fare Collection (AFC) System from 2019 to 2024.
Chapter 3, the Railway Automated Fare Collection (AFC) System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Railway Automated Fare Collection (AFC) System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Railway Automated Fare Collection (AFC) System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Railway Automated Fare Collection (AFC) System.
Chapter 14 and 15, to describe Railway Automated Fare Collection (AFC) System sales channel, distributors, customers, research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope of Railway Automated Fare Collection (AFC) System
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Railway Automated Fare Collection (AFC) System Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Farebox
1.3.3 Ticket Vending Machines (TVM)
1.3.4 Validator
1.4 Market Analysis by Application
1.4.1 Overview: Global Railway Automated Fare Collection (AFC) System Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Off-Board
1.4.3 On-Board
1.5 Global Railway Automated Fare Collection (AFC) System Market Size & Forecast
1.5.1 Global Railway Automated Fare Collection (AFC) System Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Railway Automated Fare Collection (AFC) System Sales Quantity (2019-2030)
1.5.3 Global Railway Automated Fare Collection (AFC) System Average Price (2019-2030)
2 Manufacturers Profiles
2.1 CRRC
2.1.1 CRRC Details
2.1.2 CRRC Major Business
2.1.3 CRRC Railway Automated Fare Collection (AFC) System Product and Services
2.1.4 CRRC Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 CRRC Recent Developments/Updates
2.2 Cubic Corporation
2.2.1 Cubic Corporation Details
2.2.2 Cubic Corporation Major Business
2.2.3 Cubic Corporation Railway Automated Fare Collection (AFC) System Product and Services
2.2.4 Cubic Corporation Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Cubic Corporation Recent Developments/Updates
2.3 The Nippon Signal
2.3.1 The Nippon Signal Details
2.3.2 The Nippon Signal Major Business
2.3.3 The Nippon Signal Railway Automated Fare Collection (AFC) System Product and Services
2.3.4 The Nippon Signal Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 The Nippon Signal Recent Developments/Updates
2.4 Omron Corporation
2.4.1 Omron Corporation Details
2.4.2 Omron Corporation Major Business
2.4.3 Omron Corporation Railway Automated Fare Collection (AFC) System Product and Services
2.4.4 Omron Corporation Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Omron Corporation Recent Developments/Updates
2.5 Scheidt & Bachmann
2.5.1 Scheidt & Bachmann Details
2.5.2 Scheidt & Bachmann Major Business
2.5.3 Scheidt & Bachmann Railway Automated Fare Collection (AFC) System Product and Services
2.5.4 Scheidt & Bachmann Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Scheidt & Bachmann Recent Developments/Updates
2.6 Thales Group
2.6.1 Thales Group Details
2.6.2 Thales Group Major Business
2.6.3 Thales Group Railway Automated Fare Collection (AFC) System Product and Services
2.6.4 Thales Group Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Thales Group Recent Developments/Updates
2.7 INIT
2.7.1 INIT Details
2.7.2 INIT Major Business
2.7.3 INIT Railway Automated Fare Collection (AFC) System Product and Services
2.7.4 INIT Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 INIT Recent Developments/Updates
2.8 Huaming
2.8.1 Huaming Details
2.8.2 Huaming Major Business
2.8.3 Huaming Railway Automated Fare Collection (AFC) System Product and Services
2.8.4 Huaming Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Huaming Recent Developments/Updates
2.9 Xerox
2.9.1 Xerox Details
2.9.2 Xerox Major Business
2.9.3 Xerox Railway Automated Fare Collection (AFC) System Product and Services
2.9.4 Xerox Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Xerox Recent Developments/Updates
2.10 GFI Genfare
2.10.1 GFI Genfare Details
2.10.2 GFI Genfare Major Business
2.10.3 GFI Genfare Railway Automated Fare Collection (AFC) System Product and Services
2.10.4 GFI Genfare Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 GFI Genfare Recent Developments/Updates
2.11 LECIP
2.11.1 LECIP Details
2.11.2 LECIP Major Business
2.11.3 LECIP Railway Automated Fare Collection (AFC) System Product and Services
2.11.4 LECIP Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 LECIP Recent Developments/Updates
2.12 Shanghai Potevio Company Limited
2.12.1 Shanghai Potevio Company Limited Details
2.12.2 Shanghai Potevio Company Limited Major Business
2.12.3 Shanghai Potevio Company Limited Railway Automated Fare Collection (AFC) System Product and Services
2.12.4 Shanghai Potevio Company Limited Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Shanghai Potevio Company Limited Recent Developments/Updates
2.13 Gunnebo
2.13.1 Gunnebo Details
2.13.2 Gunnebo Major Business
2.13.3 Gunnebo Railway Automated Fare Collection (AFC) System Product and Services
2.13.4 Gunnebo Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Gunnebo Recent Developments/Updates
2.14 GMV
2.14.1 GMV Details
2.14.2 GMV Major Business
2.14.3 GMV Railway Automated Fare Collection (AFC) System Product and Services
2.14.4 GMV Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 GMV Recent Developments/Updates
2.15 Huahong Jitong
2.15.1 Huahong Jitong Details
2.15.2 Huahong Jitong Major Business
2.15.3 Huahong Jitong Railway Automated Fare Collection (AFC) System Product and Services
2.15.4 Huahong Jitong Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Huahong Jitong Recent Developments/Updates
2.16 GRG Banking
2.16.1 GRG Banking Details
2.16.2 GRG Banking Major Business
2.16.3 GRG Banking Railway Automated Fare Collection (AFC) System Product and Services
2.16.4 GRG Banking Railway Automated Fare Collection (AFC) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 GRG Banking Recent Developments/Updates
3 Competitive Environment: Railway Automated Fare Collection (AFC) System by Manufacturer
3.1 Global Railway Automated Fare Collection (AFC) System Sales Quantity by Manufacturer (2019-2024)
3.2 Global Railway Automated Fare Collection (AFC) System Revenue by Manufacturer (2019-2024)
3.3 Global Railway Automated Fare Collection (AFC) System Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Railway Automated Fare Collection (AFC) System by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Railway Automated Fare Collection (AFC) System Manufacturer Market Share in 2023
3.4.2 Top 6 Railway Automated Fare Collection (AFC) System Manufacturer Market Share in 2023
3.5 Railway Automated Fare Collection (AFC) System Market: Overall Company Footprint Analysis
3.5.1 Railway Automated Fare Collection (AFC) System Market: Region Footprint
3.5.2 Railway Automated Fare Collection (AFC) System Market: Company Product Type Footprint
3.5.3 Railway Automated Fare Collection (AFC) System Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Railway Automated Fare Collection (AFC) System Market Size by Region
4.1.1 Global Railway Automated Fare Collection (AFC) System Sales Quantity by Region (2019-2030)
4.1.2 Global Railway Automated Fare Collection (AFC) System Consumption Value by Region (2019-2030)
4.1.3 Global Railway Automated Fare Collection (AFC) System Average Price by Region (2019-2030)
4.2 North America Railway Automated Fare Collection (AFC) System Consumption Value (2019-2030)
4.3 Europe Railway Automated Fare Collection (AFC) System Consumption Value (2019-2030)
4.4 Asia-Pacific Railway Automated Fare Collection (AFC) System Consumption Value (2019-2030)
4.5 South America Railway Automated Fare Collection (AFC) System Consumption Value (2019-2030)
4.6 Middle East and Africa Railway Automated Fare Collection (AFC) System Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
5.2 Global Railway Automated Fare Collection (AFC) System Consumption Value by Type (2019-2030)
5.3 Global Railway Automated Fare Collection (AFC) System Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
6.2 Global Railway Automated Fare Collection (AFC) System Consumption Value by Application (2019-2030)
6.3 Global Railway Automated Fare Collection (AFC) System Average Price by Application (2019-2030)
7 North America
7.1 North America Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
7.2 North America Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
7.3 North America Railway Automated Fare Collection (AFC) System Market Size by Country
7.3.1 North America Railway Automated Fare Collection (AFC) System Sales Quantity by Country (2019-2030)
7.3.2 North America Railway Automated Fare Collection (AFC) System Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
8.2 Europe Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
8.3 Europe Railway Automated Fare Collection (AFC) System Market Size by Country
8.3.1 Europe Railway Automated Fare Collection (AFC) System Sales Quantity by Country (2019-2030)
8.3.2 Europe Railway Automated Fare Collection (AFC) System Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Railway Automated Fare Collection (AFC) System Market Size by Region
9.3.1 Asia-Pacific Railway Automated Fare Collection (AFC) System Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Railway Automated Fare Collection (AFC) System Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
10.2 South America Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
10.3 South America Railway Automated Fare Collection (AFC) System Market Size by Country
10.3.1 South America Railway Automated Fare Collection (AFC) System Sales Quantity by Country (2019-2030)
10.3.2 South America Railway Automated Fare Collection (AFC) System Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Railway Automated Fare Collection (AFC) System Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Railway Automated Fare Collection (AFC) System Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Railway Automated Fare Collection (AFC) System Market Size by Country
11.3.1 Middle East & Africa Railway Automated Fare Collection (AFC) System Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Railway Automated Fare Collection (AFC) System Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Railway Automated Fare Collection (AFC) System Market Drivers
12.2 Railway Automated Fare Collection (AFC) System Market Restraints
12.3 Railway Automated Fare Collection (AFC) System Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Railway Automated Fare Collection (AFC) System and Key Manufacturers
13.2 Manufacturing Costs Percentage of Railway Automated Fare Collection (AFC) System
13.3 Railway Automated Fare Collection (AFC) System Production Process
13.4 Railway Automated Fare Collection (AFC) System Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Railway Automated Fare Collection (AFC) System Typical Distributors
14.3 Railway Automated Fare Collection (AFC) System Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
CRRC
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
INIT
Huaming
Xerox
GFI Genfare
LECIP
Shanghai Potevio Company Limited
Gunnebo
GMV
Huahong Jitong
GRG Banking
听
听
*If Applicable.