Data-Driven Mobility: The Evolution of the $12.5 Billion Automated Passenger Counting and Information System Market


The Automated Passenger Counting and Information System Market is predicted to rise significantly, from USD 8.0 billion in 2022 to USD 12.5 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 9.4%.

The increased need for precise and effective passenger counting systems in the transportation industry is responsible for this expansion. Automated systems that give real-time information on passenger occupancy are predicted to improve operational effectiveness and passenger satisfaction across a variety of transport modes, supporting market growth over the course of the forecast period.

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The market for automated passenger counting systems is expanding quickly as a result of the growing demand for precise evaluation of passenger trips and transportation modes. Assigning the trip data to each mode becomes crucial when travellers make connected excursions involving various modes of transportation, such as changing from a bus to a train, in order to provide accurate performance assessment. Automated passenger counting systems must be installed in transit vehicles in order to accomplish this since they allow for the correct recording of passenger data, improving operational efficiency and supporting informed decision-making within the transportation sector.

Eurotech (Italy), iris-GmbH (Germany), DILAX Intelcom (Germany), HELLA Aglaia Mobile Vision (Germany), and Infodev EDI (US) are the top five players in the Automated Passenger Counting and Information System Market. These companies offer automated passenger counting system and passenger information system and related solutions and have operations worldwide. They focus on product launches and acquisitions to expand their footprints through product innovation and extend their business reach.

Eurotech

A multinational corporation called Eurotech specialises in fusing together hardware, software, services, and knowledge to produce the building blocks for Internet of Things (IoT) solutions. Offering a variety of solutions, it serves OEMs, system integrators, and businesses in many areas. High-performance computers (HPC) and miniaturised computers are two areas in which Eurotech is actively engaged both in Italy and abroad.

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The company, which operates through its NanoPC sector, offers NanoPCs, which are small, powerful, and energy-efficient computers that are used in a variety of fields, including machine-to-machine (M2M), industrial, transportation, healthcare, and energy. Eurotech sells and markets its solutions both directly and through approved partners, and it has a global presence.

iris-GmbH

A key player in the design and production of sensor parts used in automated passenger counting systems is iris-GmbH. The business specialises in creating, creating, installing, and manufacturing optoelectronic sensors, including infrared and near-infrared sensors, for use in various counting systems. Since 1991, iris-GmbH has a proven track record, selling almost 250,000 IRMA counting systems globally and installing them in more than 80,000 automobiles. 

To achieve accurate automatic passenger counting in trains and buses, their cutting-edge sensors make use of sophisticated 3D technology. Notably, time-of-flight and signal processing-based products like IRMA MATRIX and IRMA 6, which are commonly used for passenger counting globally, provide useful information for streamlining operations and adjusting capacity in both the public and commercial transportation sectors.

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DILAX Intelcom

A well-known supplier of intelligent solutions for observing and controlling people flow in a variety of contexts, such as public transport, retail establishments, and airports is DILAX Intelcom. Their services include data management, predictive analytics, dynamic seat management, automatic passenger counting, and smartphone tracking.

DILAX Intelcom offers comprehensive and customised hardware and software solutions for passenger counting systems and their management to public transportation agencies, manufacturers of buses and rail cars, as well as retail establishments, malls and airports. The company's DILAX APC systems, which support precise and efficient flow analysis and passenger counting, include master units for data gathering, processing, and transmission as well as passenger counting sensors.

News Covered:

https://www.prnewswire.com/news-releases/automated-passenger-counting-and-information-system-market-worth-12-5-billion-by-2027--exclusive-report-by-marketsandmarkets-301530029.html 

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