Global Public Transport Automated Fare Collection System Market Growth (Status and Outlook) 2025-2031
The global Public Transport Automated Fare Collection System market size is predicted to grow from US$ 9484 million in 2025 to US$ 17740 million in 2031; it is expected to grow at a CAGR of 11.0% from 2025 to 2031.
An automated fare collection (AFC) system is the collection of components that automate the ticketing system of a public transportation network – an automated version of manual fare collection. An automated fare collection system is usually the basis for integrated ticketing.
- Key Features: Comprehensive analysis by region and market sector of projected sales.
- Evaluation of key market trends, drivers, and affecting factors.
Segmentation by Type:
- Near-Field Communication
- Magnetic Stripes
- OCR
- Smart Card
- Others
Segmentation by Application:
- Bus
- Subway Station
- Train Station
- Others
Market by Region:
- Americas
- APAC
- Europe
- Middle East & Africa
Company's Coverage:
- Advanced Card Systems
- Cubic
- Omron
- Thales Group
- Atos SE
- LG CNS
- NXP Semiconductor
- Samsung SDS
- Cubic Transportation Systems
- GMV
- Scheidt & Bachmann
- Siemens
- Sony Corporation
- ST Electronics
- Trapeze Group
- Vix Technology
Key Questions Addressed in this Report:
- What is the projected market size?
- Which regions will see the most growth?
Frequently Asked Questions
Public Transport Automated Fare Collection System report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Public Transport Automated Fare Collection System report is categorised based on following features:
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market
Public Transport Automated Fare Collection System report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.