Market Synopsis of Global Automated Passenger Counting System Market:

Market Scenario:

Automated Passenger Counter is an electronic device available for installation on transit vehicles including buses and rail vehicles which accurately records boarding and alighting data. The technology helps to improve the accuracy and reliability for counting the number of passenger that board and leave at every stop over traditional methods of manually ... Read more

The automated passenger counting system market is expected to reach USD 298.0 million by 2022, at a CAGR of 18.6% between 2017 and 2022. The passenger information system market was valued at USD 3.7 billion in 2016 and is expected to reach USD 11.3 billion by 2022, at a CAGR of 19.9% between 2017 and 2022. Factors such as the increasing demand for real-time transit information, government regulations such as requirement of ridership data from transit operators on regular ... Read more

According to a market report by Lucintel, the future of the global automated passenger counting system market looks promising with opportunities in the railway, roadway, and airway applications. The global automated passenger counting system market is expected to reach an estimated $12.9 billion by 2030 ... Read more