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Showing posts with the label Automated Passenger Counting System Market

Automated Passenger Counting Market Explored in Latest Research Forecast Period Forthcoming Years

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From 2020 to 2027, the   Automated Passenger Counting System Market  is anticipated to expand at a CAGR of 13.2%. The market for passenger information systems, which was valued at USD 7.0 billion in 2019, is anticipated to increase at a CAGR of 12.5% to reach USD 8.9 billion by 2027. The growth of the Automated Passenger Counting and Information System is primarily driven by government regulations regarding the requirement of transit data, a surge in demand for advanced solutions in the transportation industry, the deployment of automated passenger counting systems to optimise operational costs of transit agencies, and increased demand for real-time transit information from passengers and proper fleet management by transit vehicle operators as a result of COVID-19. Major Tier I and II players such as iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech (Italy), DILAX Intelcom GmbH (Germany), and Infodev Electronic Designers Interna

Automated Passenger Counting System Market Forecast, Trends and Analysis 2025

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The Global   Automated Passenger Counting System Market   Size was valued at USD 155 million in 2019 and is projected to reach USD 245 million by 2025; it is expected to grow at a CAGR of 13.2% from 2020 to 2025. The Global Passenger Information System Market Size was valued at USD 7.0 billion in 2019 and is projected to reach USD 8.9 billion by 2025; it is expected to grow at a CAGR of 12.5% during the forecast period. Increasing demand for real-time transit information from passengers and proper fleet management by transit vehicle operators owing to COVID-19 is one of the key drivers for the growth of the Automated Passenger Counting and Information System Market. iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (US), Siemens AG (Germany), Hitachi, Ltd. (Japan), Samsung Electronics Co., Ltd. (South Kore

Automated Passenger Counting System Market Share and Forecast 2025

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The   Automated Passenger Counting System Market   is expected to grow at a CAGR of 13.2% from 2020 to 2025. The passenger information system market was valued at USD 7.0 billion in 2019 and is projected to reach USD 8.9 billion by 2025; it is expected to grow at a CAGR of 12.5% during the forecast period. Government regulations regarding the requirement of transit data, surged demand for advanced solutions in the transportation sector, deployment of automated passenger counting systems to optimize operational costs of transit agencies, and increased demand for real-time transit information from passengers and proper fleet management by transit vehicle operators owing to COVID-19 are the key drivers for the growth of the Automated Passenger Counting and Information System Market. The Automated Passenger Counting and Information System Market includes major Tier I and II players like iris-GmbH Infrared & Intelligent Sensors (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurot