Global Automated Passenger Counting And Information System Market Overview And Statistics For 2024-2033

Automated Passenger Counting And Information System Global Market Report 2024 – Market Size, Trends & Global Forecast 2024-2033

The Business Research Company’s Automated Passenger Counting And Information System Global Market Report 2024 – Market Size, Trends & Global Forecast 2024-2033

LONDON, GREATER LONDON, UK, August 15, 2024 /EINPresswire.com/ — The automated passenger counting and information system market has experienced robust growth in recent years, expanding from $8.77 billion in 2023 to $9.86 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to the digitalization of public transportation, growing urban populations, focus on data-driven decision-making, government regulations, and mandates for transit agencies to improve service quality and passenger experience, and integration with smart city initiatives.

Strong Future Growth Anticipated
The automated passenger counting and information system market is projected to continue its strong growth, reaching $15.85 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to a focus on sustainability and energy efficiency, rising investments in public transportation infrastructure, an increasing need for data-driven decision-making, integration with smart mobility solutions, and a growing focus on the passenger experience.

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Growth Driver Of The Automated Passenger Counting And Information System Market
Rising demand for public transportation is expected to propel the growth of the automated passenger counting and information system market going forward. Public transportation refers to a system of vehicles such as buses, trains, subways, and trams that operate on regular schedules and are available for use by the general public. The demand for public transportation is rising due to increasing urbanization, environmental concerns, and the need for cost-effective and efficient mobility solutions. Public transportation utilizes automated passenger counting and information systems to optimize route planning, manage vehicle occupancy, and provide real-time information to passengers.

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Major Players And Market Trends
Key players in the automated passenger counting and information system market include Hitachi Ltd., Siemens AG, Cisco Systems Inc., Clever Devices Ltd., Eurotech S.p.A., Xovis AG, Infodev EDI, Dilax Intelcom GmbH.
Major companies in the automated passenger counting and information system market are developing innovative technologies, such as passenger tracking solutions, to enhance data accuracy and improve passenger flow management. A passenger tracking solution is a system that monitors and manages the movement of passengers through an airport.

Segments:
1) By Type: Passenger Informed Display Systems, Passenger Informed Announcement Systems, Emergency Announcement Systems, Infotainment Systems, Passenger Information Mobile Application
2) By Technology: Infrared, Stereoscopic Vision, Time-Of-Flight, Other Technologies
3) By Device And Component: Sensors, Public Announcement Systems, Multimedia Display, Networking And Communication Devices
4) By Application: Roadways, Railways, Airways, Waterways

Geographical Insights: Asia-Pacific Leading The Market
Asia-Pacific was the largest region in the automated passenger counting and information system market in 2023. The regions covered in the automated passenger counting and information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Automated Passenger Counting And Information System Market Definition
An automated passenger counting and information system (APCIS) refers to a technology used in public transportation to accurately track the number of passengers boarding and alighting vehicles in real-time. It utilizes sensors, cameras, or infrared technology to collect data, which helps in analyzing passenger flow and optimizing transit operations. The system also provides real-time information to passengers about schedules, occupancy levels, and service updates.

Automated Passenger Counting And Information System Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Automated Passenger Counting And Information System Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on automated passenger counting and information system market size, automated passenger counting and information system market drivers and trends, automated passenger counting and information system market major players, automated passenger counting and information system competitors’ revenues, automated passenger counting and information system market positioning, and automated passenger counting and information system market growth across geographies. The automated passenger counting and information system market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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