Snapshot

Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.AFC machine is the equipment used in the automatic fare collection system. The elements of AFC system are:Ticket vending machines (TVMs), where passengers can buy a ticket for their journey Ticket office machines (TOMs), used by railway staff to issue tickets at stations Add value machines (AVMs), where passengers having a stored value ticket can increase the residual value.Fare gates, which form a barrier between the ""unpaid"" area of the station and the ""paid"" area where passengers must possess a valid ticket.The faregate will read and release the gate when a valid ticket is presented.Tickets, which come in a number of varieties (according to the system in use) but which all have an electronically encoded data content indicating the validity and/or use of the ticket.A computerised accounting and management system, which consists of a station computer for each station and a central computer linked to all the stations.
The global Automatic Fare Collection (AFC) System market size is estimated at xxx million USD with a CAGR xx% from 2016-2020 and is expected to reach xxx Million USD in 2021 with a CAGR xx% from 2021 to 2026. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Automatic Fare Collection (AFC) System by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Ticket Vending Machine
Ticket Office Machine
Fare Gates
IC Cards

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
Cubic
Thales
Omron
Samsung SDS
The Nippon Signal
ST Electronics
Gunnebo
Scheidt & Bachmann
Indra Company
Shanghai Potevio Company Limited
NXP Semiconductors
United
Huaming
Advance Cards Systems
Huahong Jitong
GaoXin Modern
LECIP Group
GRG Banking
Easyway
KML Engineering Limited

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Rail & Transit Solution
Entertainment Solution
Others

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)