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India Automated Fare Collection Systems Market 2014-2024F: Market is Projected to Grow at a CAGR of Over 18%

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Jan 19, 2018, 07:00 ET

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DUBLIN, Jan. 19, 2018 /PRNewswire/ --

The "India Automated Fare Collection Systems Market (2018-2024): Forecast by Applications, AFC Systems Technologies, Types, Metro Hardware Systems, Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

India Automated Fare Collection Systems market is projected to grow at a CAGR of over 18% during 2018-2024.

Rising need for faster payment process owing to increasing number of daily travelers/commuters has buoyed the demand for offering rapid payment solutions across the country. Additionally, with smart city development projects, the government is taking several key measures for the growth of rapid transport solution in India, especially in the Tier-I and Tier-II cities. With the swift development of transport solutions, the automated fare collection systems market is registering higher growth over the past few years.

 In terms of market applications, the metro railway transport dominated the overall market revenues on account of need for faster and automatic payment solutions across all metro railways in the country. Additionally, with increasing adoption of public transportation primarily, metro railways and rapid bus transport systems in Tier-I and II cities by daily commuters, the AFCS market is anticipated to generate considerable growth prospects over the coming years.

In terms of regions, the Northern region accounted for the highest revenue share in India AFCS market in 2017. Moreover, the region is likely to continue its dominance during the forecast period as well, owing to upcoming/ongoing metro railway projects and parking solutions, especially in Delhi/NCR region.

Some of the key players in India automated fare collection systems market include- Samsung SDS, AGS Transact, Indra Sistemas, Thales India, AUM Infotech, Efkon India, Cubic Transportation, MCML Projects, Ingenico International and NEC Technologie

Key Topics Covered:

1 Executive Summary

2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Assumptions & Methodology

3 India Automated Fare Collection Systems Market Overview
3.1 India Automated Fare Collection Systems Market Revenues (2014-2024F)
3.2 India Automated Fare Collection Systems Market- Industry Life Cycle
3.3 India Automated Fare Collection Systems Opportunity Matrix, By Applications (2024F)
3.4 India Automated Fare Collection Systems Market, Porter's Five Forces Model
3.5 India Automated Fare Collection Systems Market Revenue Share, By Regions (2017 & 2024F)
3.6 India Automated Fare Collection Systems Market Revenue Share, By Applications (2017 & 2024F)
3.7 India Automated Fare Collection Systems Market Revenue Share, By Technology (2017 & 2024F)

4 India Automated Fare Collection Systems Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints

5 India Automated Fare Collection Systems Market Trends
5.1 Advanced Smart Cards
5.2 OPEX Vs. Capex Model
5.3 Reduction in Technical Glitches

6 India Automated Fare Collection Systems Market Applications Overview
6.1 India Automated Fare Collection Systems Market Revenues, By Metro Railway Application, 2014-2024F ($ Million)
6.2 India Metro Railway Automated Fare Collection Systems Market Revenue Share, By Hardware Vs. Software (2017 & 2024F)
6.2.1 India Metro Railway Automated Fare Collection Systems Market Revenues, By Hardware Vs. Software, 2014 - 2024F ($ Million)
6.3 India Metro Railway Automated Fare Collection Systems Market Revenue Share, By Hardware Systems (2017 & 2024F)
6.3.1 India Metro Railway Automated Fare Collection Systems Market Revenues, By Hardware Systems, 2014 - 2024F ($ Million)
6.3 India Automated Fare Collection Systems Market Revenues, By Bus Transport Application, 2014-2024F ($ Million)
6.4 India Bus Transport Automated Fare Collection Systems Market Revenue Share, By Hardware Vs. Software (2017 & 2024F)
6.4.1 India Bus Transport Automated Fare Collection Systems Market Revenues, By Hardware Vs. Software, 2014 - 2024F ($ Million)
6.5 India Automated Fare Collection Systems Market Revenues, By Parking Solution Application, 2014-2024F ($ Million)
6.6 India Parking Solution Automated Fare Collection Systems Market Revenue Share, By Hardware Vs. Software (2017 & 2024F)
6.6.1 India Parking Solution Automated Fare Collection Systems Market Revenues, By Hardware Vs. Software, 2014 - 2024F ($ Million)
6.7 India Automated Fare Collection Systems Market Revenues, By Other Applications, 2014-2024F ($ Million)

7 India Automated Fare Collection Systems Market Technology Overview
7.1 India Automated Fare Collection Systems Market Revenues, By NFC Technology, 2014-2024F ($ Million)
7.2 India Automated Fare Collection Systems Market Revenues, By Magnetic Strips & Tokens Technology, 2014-2024F ($ Million)
7.3 India Automated Fare Collection Systems Market Revenues, By QR Code Technology, 2014-2024F ($ Million)
7.4 India Automated Fare Collection Systems Market Revenues, By Smart Cards Technology, 2014-2024F ($ Million)

8 India Automated Fare Collection Systems Market Regions Overview
8.1 India Automated Fare Collection Systems Market Revenue Share, By Northern Region, (2017 & 2024F)
8.2 India Automated Fare Collection Systems Market Revenue Share, By Southern Region, (2017 & 2024F)
8.3 India Automated Fare Collection Systems Market Revenue Share, By Eastern Region, (2017 & 2024F)
8.4 India Automated Fare Collection Systems Market Revenue Share, By Western Region, (2017 & 2024F)

9 Competitive Landscape
9.1 India Automated Fare Collection Systems Market Players Revenues (2017)
9.2 Competitive Benchmarking, By Operating Parameters

10 Company Profiles
10.1 Samsung SDS India Pvt. Ltd.
10.2 AGS Transact Technologies Ltd.
10.3 Indra Sistemas India Pvt. Ltd.
10.4 Thales India Pvt. Ltd
10.5 AUM Infotech Pvt. Ltd.
10.6 Efkon India Pvt. Ltd.
10.7 Cubic Transportation System India Pvt. Ltd.
10.8 MCML Projects Pvt. Ltd.
10.9 Ingenico International India Pvt. Ltd.
10.10 NEC Technologies India Pvt. Ltd.

11 Key Strategic Pointers

For more information about this report visit https://www.researchandmarkets.com/research/r97h9g/india_automated?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]  

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