Global Smart Cards Automated Fare Collection Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment. The state-of-the-art solution is uniquely designed with the demand of revenue services for modern transit operation in mind. Furthermore, with the advent of smartcard technology and proliferation of its business applications, AFC also enables transit operators to expand revenue opportunities, exploit the benefits of payment integration with other transit operators as well as non-transit service providers.

AFC System consists of Central Computer System, Station Computer System and Station Equipment.

Central Computer System
Central Computer System is the AFC management center which is responsible for generating reports, receiving ticketing data from station computer, sending control command, downloading system parameter and ticket price list to station computer.

Station Computer System
The primary role of the Station Computer is to provide the usage data collection, downloading of fare related parameters to the AFC equipment; control, monitoring and management of the AFC equipment. Its secondary role is to provide the station reports (if required) and support the sales office and customer service. It is able to function independently should there be a failure in the communication link with the central computer.

Station Equipment
These are all the front-end equipment/devices, which are used to serve the commuter. These consist of Ticket Vending Machines, Fare Gates, Booking Office Machines, Mobile and Hand-Held Terminals and Ticket Recharging Machines etc. Typically the requirement for each implementation may vary in terms of the quantity of the equipment/devices.

Smart Cards
Smart Cards generally support faster and more flexible fare collection systems. Contactless or Proximity Smart Cards permit faster processing times than magnetic stripe cards or contact smart cards. They also facilitate processing of differentiated fare structures such as time-based and distance-based fare structures and fare integration across several modes and operators. A hybrid or "dual-interface" smart card can expand the application of smart cards beyond transit.

This report focus on the Station Equipment (terminal equipment) of Smart Cards Automated Fare Collection System.

According to our (Global Info Research) latest study, the global Smart Cards Automated Fare Collection Systems market size was valued at USD 1269.4 million in 2022 and is forecast to a readjusted size of USD 2235.7 million by 2029 with a CAGR of 8.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Cubic Corporation, The Nippon Signal and Omron Corporation are the leading manufacturers of Smart Cards Automated Fare Collection Systems, with a combined market share of about 45%.

North America and Japan are the major markets, each accounting for about 30% of the market share.

This report is a detailed and comprehensive analysis for global Smart Cards Automated Fare Collection Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Smart Cards Automated Fare Collection Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Cards Automated Fare Collection Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Cards Automated Fare Collection Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Cards Automated Fare Collection Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cubic Corporation, The Nippon Signal, Omron Corporation, Scheidt & Bachmann and Thales Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Smart Cards Automated Fare Collection Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Farebox
    Ticket Vending Machines (TVM)
    Validator

Market segment by Application
    Off-Board
    On-Board

Major players covered
    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 Smart Cards Automated Fare Collection Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Cards Automated Fare Collection Systems, with price, sales, revenue and global market share of Smart Cards Automated Fare Collection Systems from 2018 to 2023.
Chapter 3, the Smart Cards Automated Fare Collection Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Cards Automated Fare Collection Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2022.and Smart Cards Automated Fare Collection Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Cards Automated Fare Collection Systems.
Chapter 14 and 15, to describe Smart Cards Automated Fare Collection Systems sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Smart Cards Automated Fare Collection Systems
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Smart Cards Automated Fare Collection Systems Consumption Value by Type: 2018 Versus 2022 Versus 2029
        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 Smart Cards Automated Fare Collection Systems Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Off-Board
        1.4.3 On-Board
    1.5 Global Smart Cards Automated Fare Collection Systems Market Size & Forecast
        1.5.1 Global Smart Cards Automated Fare Collection Systems Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Smart Cards Automated Fare Collection Systems Sales Quantity (2018-2029)
        1.5.3 Global Smart Cards Automated Fare Collection Systems Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Cubic Corporation
        2.1.1 Cubic Corporation Details
        2.1.2 Cubic Corporation Major Business
        2.1.3 Cubic Corporation Smart Cards Automated Fare Collection Systems Product and Services
        2.1.4 Cubic Corporation Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Cubic Corporation Recent Developments/Updates
    2.2 The Nippon Signal
        2.2.1 The Nippon Signal Details
        2.2.2 The Nippon Signal Major Business
        2.2.3 The Nippon Signal Smart Cards Automated Fare Collection Systems Product and Services
        2.2.4 The Nippon Signal Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 The Nippon Signal Recent Developments/Updates
    2.3 Omron Corporation
        2.3.1 Omron Corporation Details
        2.3.2 Omron Corporation Major Business
        2.3.3 Omron Corporation Smart Cards Automated Fare Collection Systems Product and Services
        2.3.4 Omron Corporation Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Omron Corporation Recent Developments/Updates
    2.4 Scheidt & Bachmann
        2.4.1 Scheidt & Bachmann Details
        2.4.2 Scheidt & Bachmann Major Business
        2.4.3 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Product and Services
        2.4.4 Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Scheidt & Bachmann Recent Developments/Updates
    2.5 Thales Group
        2.5.1 Thales Group Details
        2.5.2 Thales Group Major Business
        2.5.3 Thales Group Smart Cards Automated Fare Collection Systems Product and Services
        2.5.4 Thales Group Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Thales Group Recent Developments/Updates
    2.6 INIT
        2.6.1 INIT Details
        2.6.2 INIT Major Business
        2.6.3 INIT Smart Cards Automated Fare Collection Systems Product and Services
        2.6.4 INIT Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 INIT Recent Developments/Updates
    2.7 Huaming
        2.7.1 Huaming Details
        2.7.2 Huaming Major Business
        2.7.3 Huaming Smart Cards Automated Fare Collection Systems Product and Services
        2.7.4 Huaming Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Huaming Recent Developments/Updates
    2.8 Xerox
        2.8.1 Xerox Details
        2.8.2 Xerox Major Business
        2.8.3 Xerox Smart Cards Automated Fare Collection Systems Product and Services
        2.8.4 Xerox Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Xerox Recent Developments/Updates
    2.9 GFI Genfare
        2.9.1 GFI Genfare Details
        2.9.2 GFI Genfare Major Business
        2.9.3 GFI Genfare Smart Cards Automated Fare Collection Systems Product and Services
        2.9.4 GFI Genfare Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 GFI Genfare Recent Developments/Updates
    2.10 LECIP
        2.10.1 LECIP Details
        2.10.2 LECIP Major Business
        2.10.3 LECIP Smart Cards Automated Fare Collection Systems Product and Services
        2.10.4 LECIP Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 LECIP Recent Developments/Updates
    2.11 Shanghai Potevio Company Limited
        2.11.1 Shanghai Potevio Company Limited Details
        2.11.2 Shanghai Potevio Company Limited Major Business
        2.11.3 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Product and Services
        2.11.4 Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Shanghai Potevio Company Limited Recent Developments/Updates
    2.12 Gunnebo
        2.12.1 Gunnebo Details
        2.12.2 Gunnebo Major Business
        2.12.3 Gunnebo Smart Cards Automated Fare Collection Systems Product and Services
        2.12.4 Gunnebo Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Gunnebo Recent Developments/Updates
    2.13 GMV
        2.13.1 GMV Details
        2.13.2 GMV Major Business
        2.13.3 GMV Smart Cards Automated Fare Collection Systems Product and Services
        2.13.4 GMV Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 GMV Recent Developments/Updates
    2.14 Huahong Jitong
        2.14.1 Huahong Jitong Details
        2.14.2 Huahong Jitong Major Business
        2.14.3 Huahong Jitong Smart Cards Automated Fare Collection Systems Product and Services
        2.14.4 Huahong Jitong Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Huahong Jitong Recent Developments/Updates
    2.15 GRG Banking
        2.15.1 GRG Banking Details
        2.15.2 GRG Banking Major Business
        2.15.3 GRG Banking Smart Cards Automated Fare Collection Systems Product and Services
        2.15.4 GRG Banking Smart Cards Automated Fare Collection Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 GRG Banking Recent Developments/Updates

3 Competitive Environment: Smart Cards Automated Fare Collection Systems by Manufacturer
    3.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Smart Cards Automated Fare Collection Systems Revenue by Manufacturer (2018-2023)
    3.3 Global Smart Cards Automated Fare Collection Systems Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Smart Cards Automated Fare Collection Systems by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Smart Cards Automated Fare Collection Systems Manufacturer Market Share in 2022
        3.4.2 Top 6 Smart Cards Automated Fare Collection Systems Manufacturer Market Share in 2022
    3.5 Smart Cards Automated Fare Collection Systems Market: Overall Company Footprint Analysis
        3.5.1 Smart Cards Automated Fare Collection Systems Market: Region Footprint
        3.5.2 Smart Cards Automated Fare Collection Systems Market: Company Product Type Footprint
        3.5.3 Smart Cards Automated Fare Collection Systems 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 Smart Cards Automated Fare Collection Systems Market Size by Region
        4.1.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2029)
        4.1.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2029)
        4.1.3 Global Smart Cards Automated Fare Collection Systems Average Price by Region (2018-2029)
    4.2 North America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.3 Europe Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.4 Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.5 South America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)
    4.6 Middle East and Africa Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    5.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Type (2018-2029)
    5.3 Global Smart Cards Automated Fare Collection Systems Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    6.2 Global Smart Cards Automated Fare Collection Systems Consumption Value by Application (2018-2029)
    6.3 Global Smart Cards Automated Fare Collection Systems Average Price by Application (2018-2029)

7 North America
    7.1 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    7.2 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    7.3 North America Smart Cards Automated Fare Collection Systems Market Size by Country
        7.3.1 North America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        7.3.2 North America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    8.2 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    8.3 Europe Smart Cards Automated Fare Collection Systems Market Size by Country
        8.3.1 Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        8.3.2 Europe Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Smart Cards Automated Fare Collection Systems Market Size by Region
        9.3.1 Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    10.2 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    10.3 South America Smart Cards Automated Fare Collection Systems Market Size by Country
        10.3.1 South America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        10.3.2 South America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Smart Cards Automated Fare Collection Systems Market Size by Country
        11.3.1 Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Smart Cards Automated Fare Collection Systems Market Drivers
    12.2 Smart Cards Automated Fare Collection Systems Market Restraints
    12.3 Smart Cards Automated Fare Collection Systems 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
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Smart Cards Automated Fare Collection Systems and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Smart Cards Automated Fare Collection Systems
    13.3 Smart Cards Automated Fare Collection Systems Production Process
    13.4 Smart Cards Automated Fare Collection Systems Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Smart Cards Automated Fare Collection Systems Typical Distributors
    14.3 Smart Cards Automated Fare Collection Systems Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Smart Cards Automated Fare Collection Systems Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Smart Cards Automated Fare Collection Systems Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Cubic Corporation Basic Information, Manufacturing Base and Competitors
    Table 4. Cubic Corporation Major Business
    Table 5. Cubic Corporation Smart Cards Automated Fare Collection Systems Product and Services
    Table 6. Cubic Corporation Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Cubic Corporation Recent Developments/Updates
    Table 8. The Nippon Signal Basic Information, Manufacturing Base and Competitors
    Table 9. The Nippon Signal Major Business
    Table 10. The Nippon Signal Smart Cards Automated Fare Collection Systems Product and Services
    Table 11. The Nippon Signal Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. The Nippon Signal Recent Developments/Updates
    Table 13. Omron Corporation Basic Information, Manufacturing Base and Competitors
    Table 14. Omron Corporation Major Business
    Table 15. Omron Corporation Smart Cards Automated Fare Collection Systems Product and Services
    Table 16. Omron Corporation Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Omron Corporation Recent Developments/Updates
    Table 18. Scheidt & Bachmann Basic Information, Manufacturing Base and Competitors
    Table 19. Scheidt & Bachmann Major Business
    Table 20. Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Product and Services
    Table 21. Scheidt & Bachmann Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Scheidt & Bachmann Recent Developments/Updates
    Table 23. Thales Group Basic Information, Manufacturing Base and Competitors
    Table 24. Thales Group Major Business
    Table 25. Thales Group Smart Cards Automated Fare Collection Systems Product and Services
    Table 26. Thales Group Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Thales Group Recent Developments/Updates
    Table 28. INIT Basic Information, Manufacturing Base and Competitors
    Table 29. INIT Major Business
    Table 30. INIT Smart Cards Automated Fare Collection Systems Product and Services
    Table 31. INIT Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. INIT Recent Developments/Updates
    Table 33. Huaming Basic Information, Manufacturing Base and Competitors
    Table 34. Huaming Major Business
    Table 35. Huaming Smart Cards Automated Fare Collection Systems Product and Services
    Table 36. Huaming Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Huaming Recent Developments/Updates
    Table 38. Xerox Basic Information, Manufacturing Base and Competitors
    Table 39. Xerox Major Business
    Table 40. Xerox Smart Cards Automated Fare Collection Systems Product and Services
    Table 41. Xerox Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Xerox Recent Developments/Updates
    Table 43. GFI Genfare Basic Information, Manufacturing Base and Competitors
    Table 44. GFI Genfare Major Business
    Table 45. GFI Genfare Smart Cards Automated Fare Collection Systems Product and Services
    Table 46. GFI Genfare Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. GFI Genfare Recent Developments/Updates
    Table 48. LECIP Basic Information, Manufacturing Base and Competitors
    Table 49. LECIP Major Business
    Table 50. LECIP Smart Cards Automated Fare Collection Systems Product and Services
    Table 51. LECIP Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. LECIP Recent Developments/Updates
    Table 53. Shanghai Potevio Company Limited Basic Information, Manufacturing Base and Competitors
    Table 54. Shanghai Potevio Company Limited Major Business
    Table 55. Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Product and Services
    Table 56. Shanghai Potevio Company Limited Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. Shanghai Potevio Company Limited Recent Developments/Updates
    Table 58. Gunnebo Basic Information, Manufacturing Base and Competitors
    Table 59. Gunnebo Major Business
    Table 60. Gunnebo Smart Cards Automated Fare Collection Systems Product and Services
    Table 61. Gunnebo Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. Gunnebo Recent Developments/Updates
    Table 63. GMV Basic Information, Manufacturing Base and Competitors
    Table 64. GMV Major Business
    Table 65. GMV Smart Cards Automated Fare Collection Systems Product and Services
    Table 66. GMV Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. GMV Recent Developments/Updates
    Table 68. Huahong Jitong Basic Information, Manufacturing Base and Competitors
    Table 69. Huahong Jitong Major Business
    Table 70. Huahong Jitong Smart Cards Automated Fare Collection Systems Product and Services
    Table 71. Huahong Jitong Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. Huahong Jitong Recent Developments/Updates
    Table 73. GRG Banking Basic Information, Manufacturing Base and Competitors
    Table 74. GRG Banking Major Business
    Table 75. GRG Banking Smart Cards Automated Fare Collection Systems Product and Services
    Table 76. GRG Banking Smart Cards Automated Fare Collection Systems Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. GRG Banking Recent Developments/Updates
    Table 78. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Manufacturer (2018-2023) & (K Units)
    Table 79. Global Smart Cards Automated Fare Collection Systems Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 80. Global Smart Cards Automated Fare Collection Systems Average Price by Manufacturer (2018-2023) & (USD/Unit)
    Table 81. Market Position of Manufacturers in Smart Cards Automated Fare Collection Systems, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 82. Head Office and Smart Cards Automated Fare Collection Systems Production Site of Key Manufacturer
    Table 83. Smart Cards Automated Fare Collection Systems Market: Company Product Type Footprint
    Table 84. Smart Cards Automated Fare Collection Systems Market: Company Product Application Footprint
    Table 85. Smart Cards Automated Fare Collection Systems New Market Entrants and Barriers to Market Entry
    Table 86. Smart Cards Automated Fare Collection Systems Mergers, Acquisition, Agreements, and Collaborations
    Table 87. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 88. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 89. Global Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 90. Global Smart Cards Automated Fare Collection Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 91. Global Smart Cards Automated Fare Collection Systems Average Price by Region (2018-2023) & (USD/Unit)
    Table 92. Global Smart Cards Automated Fare Collection Systems Average Price by Region (2024-2029) & (USD/Unit)
    Table 93. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 94. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 95. Global Smart Cards Automated Fare Collection Systems Consumption Value by Type (2018-2023) & (USD Million)
    Table 96. Global Smart Cards Automated Fare Collection Systems Consumption Value by Type (2024-2029) & (USD Million)
    Table 97. Global Smart Cards Automated Fare Collection Systems Average Price by Type (2018-2023) & (USD/Unit)
    Table 98. Global Smart Cards Automated Fare Collection Systems Average Price by Type (2024-2029) & (USD/Unit)
    Table 99. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 100. Global Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 101. Global Smart Cards Automated Fare Collection Systems Consumption Value by Application (2018-2023) & (USD Million)
    Table 102. Global Smart Cards Automated Fare Collection Systems Consumption Value by Application (2024-2029) & (USD Million)
    Table 103. Global Smart Cards Automated Fare Collection Systems Average Price by Application (2018-2023) & (USD/Unit)
    Table 104. Global Smart Cards Automated Fare Collection Systems Average Price by Application (2024-2029) & (USD/Unit)
    Table 105. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 106. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 107. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 108. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 109. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 110. North America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 111. North America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 112. North America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 113. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 114. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 115. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 116. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 117. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 118. Europe Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 119. Europe Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 120. Europe Smart Cards Automated Fare Collection Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 121. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 122. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 123. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 124. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 125. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 126. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 127. Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 128. Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 129. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 130. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 131. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 132. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 133. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2018-2023) & (K Units)
    Table 134. South America Smart Cards Automated Fare Collection Systems Sales Quantity by Country (2024-2029) & (K Units)
    Table 135. South America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2018-2023) & (USD Million)
    Table 136. South America Smart Cards Automated Fare Collection Systems Consumption Value by Country (2024-2029) & (USD Million)
    Table 137. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2018-2023) & (K Units)
    Table 138. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Type (2024-2029) & (K Units)
    Table 139. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2018-2023) & (K Units)
    Table 140. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Application (2024-2029) & (K Units)
    Table 141. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2018-2023) & (K Units)
    Table 142. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity by Region (2024-2029) & (K Units)
    Table 143. Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 144. Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value by Region (2024-2029) & (USD Million)
    Table 145. Smart Cards Automated Fare Collection Systems Raw Material
    Table 146. Key Manufacturers of Smart Cards Automated Fare Collection Systems Raw Materials
    Table 147. Smart Cards Automated Fare Collection Systems Typical Distributors
    Table 148. Smart Cards Automated Fare Collection Systems Typical Customers
List of Figures
    Figure 1. Smart Cards Automated Fare Collection Systems Picture
    Figure 2. Global Smart Cards Automated Fare Collection Systems Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Type in 2022
    Figure 4. Farebox Examples
    Figure 5. Ticket Vending Machines (TVM) Examples
    Figure 6. Validator Examples
    Figure 7. Global Smart Cards Automated Fare Collection Systems Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 8. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Application in 2022
    Figure 9. Off-Board Examples
    Figure 10. On-Board Examples
    Figure 11. Global Smart Cards Automated Fare Collection Systems Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 12. Global Smart Cards Automated Fare Collection Systems Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 13. Global Smart Cards Automated Fare Collection Systems Sales Quantity (2018-2029) & (K Units)
    Figure 14. Global Smart Cards Automated Fare Collection Systems Average Price (2018-2029) & (USD/Unit)
    Figure 15. Global Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Manufacturer in 2022
    Figure 16. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Manufacturer in 2022
    Figure 17. Producer Shipments of Smart Cards Automated Fare Collection Systems by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 18. Top 3 Smart Cards Automated Fare Collection Systems Manufacturer (Consumption Value) Market Share in 2022
    Figure 19. Top 6 Smart Cards Automated Fare Collection Systems Manufacturer (Consumption Value) Market Share in 2022
    Figure 20. Global Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 21. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Region (2018-2029)
    Figure 22. North America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029) & (USD Million)
    Figure 23. Europe Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029) & (USD Million)
    Figure 24. Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029) & (USD Million)
    Figure 25. South America Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029) & (USD Million)
    Figure 26. Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value (2018-2029) & (USD Million)
    Figure 27. Global Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 28. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Type (2018-2029)
    Figure 29. Global Smart Cards Automated Fare Collection Systems Average Price by Type (2018-2029) & (USD/Unit)
    Figure 30. Global Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 31. Global Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Application (2018-2029)
    Figure 32. Global Smart Cards Automated Fare Collection Systems Average Price by Application (2018-2029) & (USD/Unit)
    Figure 33. North America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 34. North America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 35. North America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 36. North America Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Country (2018-2029)
    Figure 37. United States Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 38. Canada Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 39. Mexico Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 40. Europe Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 41. Europe Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 42. Europe Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 43. Europe Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Country (2018-2029)
    Figure 44. Germany Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 45. France Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 46. United Kingdom Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 47. Russia Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. Italy Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 50. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 51. Asia-Pacific Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 52. Asia-Pacific Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Region (2018-2029)
    Figure 53. China Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 54. Japan Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 55. Korea Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 56. India Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. Southeast Asia Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. Australia Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. South America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 60. South America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 61. South America Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Country (2018-2029)
    Figure 62. South America Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Country (2018-2029)
    Figure 63. Brazil Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 64. Argentina Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 65. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Type (2018-2029)
    Figure 66. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Application (2018-2029)
    Figure 67. Middle East & Africa Smart Cards Automated Fare Collection Systems Sales Quantity Market Share by Region (2018-2029)
    Figure 68. Middle East & Africa Smart Cards Automated Fare Collection Systems Consumption Value Market Share by Region (2018-2029)
    Figure 69. Turkey Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 70. Egypt Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 71. Saudi Arabia Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 72. South Africa Smart Cards Automated Fare Collection Systems Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 73. Smart Cards Automated Fare Collection Systems Market Drivers
    Figure 74. Smart Cards Automated Fare Collection Systems Market Restraints
    Figure 75. Smart Cards Automated Fare Collection Systems Market Trends
    Figure 76. Porters Five Forces Analysis
    Figure 77. Manufacturing Cost Structure Analysis of Smart Cards Automated Fare Collection Systems in 2022
    Figure 78. Manufacturing Process Analysis of Smart Cards Automated Fare Collection Systems
    Figure 79. Smart Cards Automated Fare Collection Systems Industrial Chain
    Figure 80. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 81. Direct Channel Pros & Cons
    Figure 82. Indirect Channel Pros & Cons
    Figure 83. Methodology
    Figure 84. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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According to our (Global Info Research) latest study, the global Smart Cards Automated Fare Collection Systems market size was valued at USD 1269.4 million in 2023 and is forecast to a readjusted size of USD 2235.7 million by 2030 with a CAGR of 8.4% during review period.

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