Automatic Passenger Counting Market

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MarketsandMarkets Presents
Automatic Passenger Counting Market worth 194.17
Million and Passenger Information System Market
worth 23.1 Billion by 2020
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According to a new market research report
"Automated Passenger Counter and Passenger
Information System Market by Application
(Railway, Roadway, Airway, and Waterway), by
System (Hardware, Software Services), by
Component Device and by Geography - Global
Analysis and Forecast to 2020", the automatic
passenger counting market is expected to reach
194.17 million by 2020, growing at a CAGR of
22.2 from 2014 to 2020 whereas, the PIS market
is anticipated to reach 23.1 billion by
2020. http//www.marketsandmarkets.com/Market-Rep
orts/automatic-passenger-counting-information-syst
em-market-17856390.html Browse 56 Market Data
Tables 97 Figures 200 pagesEarly buyers will
receive 10 customization on this report.
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With the advancements in technology urbanization
and developing economies, the decreasing
operational costs provide ample of opportunities
for the PIS market. On the other hand,the
government regulations of the ridership data,
increased demand for fleet optimization, and
increased demand for smart telematics solutions
are propelling the growth of the APC market. The
overall automatic passenger counting and
information system market is segmented into
various segments, namely applications, systems,
devices components, and geographies. The
automatic passenger counting market is expected
to grow at an estimated CAGR of 22.2 from 2014
to 2020. Geographically, the automatic passenger
counting market is segmented into North America
(the U.S., Canada, and Mexico), South America
(Brazil, Argentina, and others), Europe (Germany,
the U.K., France, Italy, and others), APAC
(China, Japan, India, South Korea, and others),
and the rest of the world (Africa and the Middle
East).
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The American market accounts for a market share
of 55 in 2013 and is estimated to grow at a
CAGR of 22.0 from 2014 to 2020. The APAC region
is also expected to grow at a significant CAGR of
24.2 from 2014 to 2020. The players involved
in the automatic passenger counting market
include Eurotech SpA (Italy), iris-GmbH
(Germany), Urban Transportation Associates, Inc.
(U.S.), DILAX Intelcom GmbH (Germany), and HELLA
Aglaia Mobile Vision GmbH (Germany), among
others whereas, those in the passenger
information system market include Alstom
(France), Cisco Systems, Inc. (U.S.), GE
Transportation (U.S.), Hitachi, Ltd. (Japan),
Huawei Technologies Co. Ltd. (China), and Siemens
AG (Germany).
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