The global Automatic Fare Collection (AFC) Station Equipment market size is predicted to grow from US$ 6217 million in 2025 to US$ 9529 million in 2031; it is expected to grow at a CAGR of 7.4% from 2025 to 2031.
Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. AFC machine is the equipment used in the automatic fare collection system. The elements of AFC system are:Ticket vending machines (TVMs), where passengers can buy a ticket for their journey; Ticket office machines (TOMs), used by railway staff to issue tickets at stations; Fare gates, which form a barrier between the "unpaid" area of the station and the "paid" area where passengers must possess a valid ticket. The fare gate will read and release the gate when a valid ticket is presented.
Global key players of automatic fare collection (AFC) station equipment include Cubic Corporation, Thales Group, Omron Corporation, The Nippon Signal, Scheidt & Bachmann, etc. The top five players hold a share over 37%. Asia-Pacific is the largest market, has a share about 44%, followed by Europe, and North America, with share 27% and 21%, separately.
The 鈥淎utomatic Fare Collection (AFC) Station Equipment Industry Forecast鈥� looks at past sales and reviews total world Automatic Fare Collection (AFC) Station Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Fare Collection (AFC) Station Equipment sales for 2025 through 2031. With Automatic Fare Collection (AFC) Station Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Fare Collection (AFC) Station Equipment industry.
This Insight Report provides a comprehensive analysis of the global Automatic Fare Collection (AFC) Station Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Fare Collection (AFC) Station Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Automatic Fare Collection (AFC) Station Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Fare Collection (AFC) Station Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Fare Collection (AFC) Station Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Fare Collection (AFC) Station Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fare Gates
Ticket Vending Machine
Ticket Checking Machine
Booking Office Machine
Other
Segmentation by Application:
Railway
Bus
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cubic Corporation
Thales Group
Omron Corporation
The Nippon Signal
Scheidt & Bachmann
GMV
Indra Company
Gunnebo
LECIP Group
UniTTEC
Huaming
INIT
Huahong Jitong
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automatic Fare Collection (AFC) Station Equipment market?
What factors are driving Automatic Fare Collection (AFC) Station Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automatic Fare Collection (AFC) Station Equipment market opportunities vary by end market size?
How does Automatic Fare Collection (AFC) Station Equipment break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automatic Fare Collection (AFC) Station Equipment Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Automatic Fare Collection (AFC) Station Equipment by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Automatic Fare Collection (AFC) Station Equipment by Country/Region, 2020, 2024 & 2031
2.2 Automatic Fare Collection (AFC) Station Equipment Segment by Type
2.2.1 Fare Gates
2.2.2 Ticket Vending Machine
2.2.3 Ticket Checking Machine
2.2.4 Booking Office Machine
2.2.5 Other
2.3 Automatic Fare Collection (AFC) Station Equipment Sales by Type
2.3.1 Global Automatic Fare Collection (AFC) Station Equipment Sales Market Share by Type (2020-2025)
2.3.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue and Market Share by Type (2020-2025)
2.3.3 Global Automatic Fare Collection (AFC) Station Equipment Sale Price by Type (2020-2025)
2.4 Automatic Fare Collection (AFC) Station Equipment Segment by Application
2.4.1 Railway
2.4.2 Bus
2.4.3 Other
2.5 Automatic Fare Collection (AFC) Station Equipment Sales by Application
2.5.1 Global Automatic Fare Collection (AFC) Station Equipment Sale Market Share by Application (2020-2025)
2.5.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue and Market Share by Application (2020-2025)
2.5.3 Global Automatic Fare Collection (AFC) Station Equipment Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Automatic Fare Collection (AFC) Station Equipment Breakdown Data by Company
3.1.1 Global Automatic Fare Collection (AFC) Station Equipment Annual Sales by Company (2020-2025)
3.1.2 Global Automatic Fare Collection (AFC) Station Equipment Sales Market Share by Company (2020-2025)
3.2 Global Automatic Fare Collection (AFC) Station Equipment Annual Revenue by Company (2020-2025)
3.2.1 Global Automatic Fare Collection (AFC) Station Equipment Revenue by Company (2020-2025)
3.2.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Company (2020-2025)
3.3 Global Automatic Fare Collection (AFC) Station Equipment Sale Price by Company
3.4 Key Manufacturers Automatic Fare Collection (AFC) Station Equipment Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Automatic Fare Collection (AFC) Station Equipment Product Location Distribution
3.4.2 Players Automatic Fare Collection (AFC) Station Equipment Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Automatic Fare Collection (AFC) Station Equipment by Geographic Region
4.1 World Historic Automatic Fare Collection (AFC) Station Equipment Market Size by Geographic Region (2020-2025)
4.1.1 Global Automatic Fare Collection (AFC) Station Equipment Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Automatic Fare Collection (AFC) Station Equipment Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Automatic Fare Collection (AFC) Station Equipment Market Size by Country/Region (2020-2025)
4.2.1 Global Automatic Fare Collection (AFC) Station Equipment Annual Sales by Country/Region (2020-2025)
4.2.2 Global Automatic Fare Collection (AFC) Station Equipment Annual Revenue by Country/Region (2020-2025)
4.3 Americas Automatic Fare Collection (AFC) Station Equipment Sales Growth
4.4 APAC Automatic Fare Collection (AFC) Station Equipment Sales Growth
4.5 Europe Automatic Fare Collection (AFC) Station Equipment Sales Growth
4.6 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Sales Growth
5 Americas
5.1 Americas Automatic Fare Collection (AFC) Station Equipment Sales by Country
5.1.1 Americas Automatic Fare Collection (AFC) Station Equipment Sales by Country (2020-2025)
5.1.2 Americas Automatic Fare Collection (AFC) Station Equipment Revenue by Country (2020-2025)
5.2 Americas Automatic Fare Collection (AFC) Station Equipment Sales by Type (2020-2025)
5.3 Americas Automatic Fare Collection (AFC) Station Equipment Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automatic Fare Collection (AFC) Station Equipment Sales by Region
6.1.1 APAC Automatic Fare Collection (AFC) Station Equipment Sales by Region (2020-2025)
6.1.2 APAC Automatic Fare Collection (AFC) Station Equipment Revenue by Region (2020-2025)
6.2 APAC Automatic Fare Collection (AFC) Station Equipment Sales by Type (2020-2025)
6.3 APAC Automatic Fare Collection (AFC) Station Equipment Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Automatic Fare Collection (AFC) Station Equipment by Country
7.1.1 Europe Automatic Fare Collection (AFC) Station Equipment Sales by Country (2020-2025)
7.1.2 Europe Automatic Fare Collection (AFC) Station Equipment Revenue by Country (2020-2025)
7.2 Europe Automatic Fare Collection (AFC) Station Equipment Sales by Type (2020-2025)
7.3 Europe Automatic Fare Collection (AFC) Station Equipment Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment by Country
8.1.1 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Sales by Country (2020-2025)
8.1.2 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Revenue by Country (2020-2025)
8.2 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Sales by Type (2020-2025)
8.3 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Automatic Fare Collection (AFC) Station Equipment
10.3 Manufacturing Process Analysis of Automatic Fare Collection (AFC) Station Equipment
10.4 Industry Chain Structure of Automatic Fare Collection (AFC) Station Equipment
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Automatic Fare Collection (AFC) Station Equipment Distributors
11.3 Automatic Fare Collection (AFC) Station Equipment Customer
12 World Forecast Review for Automatic Fare Collection (AFC) Station Equipment by Geographic Region
12.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size Forecast by Region
12.1.1 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Region (2026-2031)
12.1.2 Global Automatic Fare Collection (AFC) Station Equipment Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Type (2026-2031)
12.7 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Cubic Corporation
13.1.1 Cubic Corporation Company Information
13.1.2 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.1.3 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Cubic Corporation Main Business Overview
13.1.5 Cubic Corporation Latest Developments
13.2 Thales Group
13.2.1 Thales Group Company Information
13.2.2 Thales Group Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.2.3 Thales Group Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Thales Group Main Business Overview
13.2.5 Thales Group Latest Developments
13.3 Omron Corporation
13.3.1 Omron Corporation Company Information
13.3.2 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.3.3 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Omron Corporation Main Business Overview
13.3.5 Omron Corporation Latest Developments
13.4 The Nippon Signal
13.4.1 The Nippon Signal Company Information
13.4.2 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.4.3 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 The Nippon Signal Main Business Overview
13.4.5 The Nippon Signal Latest Developments
13.5 Scheidt & Bachmann
13.5.1 Scheidt & Bachmann Company Information
13.5.2 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.5.3 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Scheidt & Bachmann Main Business Overview
13.5.5 Scheidt & Bachmann Latest Developments
13.6 GMV
13.6.1 GMV Company Information
13.6.2 GMV Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.6.3 GMV Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 GMV Main Business Overview
13.6.5 GMV Latest Developments
13.7 Indra Company
13.7.1 Indra Company Company Information
13.7.2 Indra Company Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.7.3 Indra Company Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Indra Company Main Business Overview
13.7.5 Indra Company Latest Developments
13.8 Gunnebo
13.8.1 Gunnebo Company Information
13.8.2 Gunnebo Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.8.3 Gunnebo Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Gunnebo Main Business Overview
13.8.5 Gunnebo Latest Developments
13.9 LECIP Group
13.9.1 LECIP Group Company Information
13.9.2 LECIP Group Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.9.3 LECIP Group Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 LECIP Group Main Business Overview
13.9.5 LECIP Group Latest Developments
13.10 UniTTEC
13.10.1 UniTTEC Company Information
13.10.2 UniTTEC Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.10.3 UniTTEC Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 UniTTEC Main Business Overview
13.10.5 UniTTEC Latest Developments
13.11 Huaming
13.11.1 Huaming Company Information
13.11.2 Huaming Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.11.3 Huaming Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Huaming Main Business Overview
13.11.5 Huaming Latest Developments
13.12 INIT
13.12.1 INIT Company Information
13.12.2 INIT Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.12.3 INIT Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 INIT Main Business Overview
13.12.5 INIT Latest Developments
13.13 Huahong Jitong
13.13.1 Huahong Jitong Company Information
13.13.2 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.13.3 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Huahong Jitong Main Business Overview
13.13.5 Huahong Jitong Latest Developments
13.14 Genfare
13.14.1 Genfare Company Information
13.14.2 Genfare Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.14.3 Genfare Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Genfare Main Business Overview
13.14.5 Genfare Latest Developments
13.15 Bonin Fortune Access Equipment
13.15.1 Bonin Fortune Access Equipment Company Information
13.15.2 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.15.3 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Bonin Fortune Access Equipment Main Business Overview
13.15.5 Bonin Fortune Access Equipment Latest Developments
13.16 Haiputian Intelligent Technology
13.16.1 Haiputian Intelligent Technology Company Information
13.16.2 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Product Portfolios and Specifications
13.16.3 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Haiputian Intelligent Technology Main Business Overview
13.16.5 Haiputian Intelligent Technology Latest Developments
14 Research Findings and Conclusion
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*If Applicable.