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Automatic Fare Collection (AFC) Station Equipment-Global Market Insights and Sales Trends 2025

Automatic Fare Collection (AFC) Station Equipment-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1816699

No of Pages : 119

Synopsis
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
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 fare gate will read and release the gate when a valid ticket is presented.
The global Automatic Fare Collection (AFC) Station Equipment market size is expected to reach US$ 8477.5 million by 2029, growing at a CAGR of 7.1% from 2023 to 2029. The market is mainly driven by the significant applications of Automatic Fare Collection (AFC) Station Equipment in various end use industries. The expanding demands from the Railway, Bus and Other, are propelling Automatic Fare Collection (AFC) Station Equipment market. Fare Gates, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ticket Vending Machine segment is estimated at % CAGR for the next seven-year period.
Global key manufacturers of Automatic Fare Collection (AFC) equipment are Cubic Corporation, Thales Group, Omron Corporation, The Nippon Signal, Scheidt & Bachmann, GMV, Indra Company, and others. The top three manufacturers together hold 25% of the market share, with the largest manufacturer being Cubic Corporation at 10%. Global production sites are mainly distributed in North America, Europe, China and Japan. At the sales level, Asia Pacific has the largest market with a 40% market share. In terms of product categories, ticket vending machines have the largest market share with 30%, followed by fare gates and ticket checking machine with 25% and 15% respectively. In terms of applications, railway is the top application area with 55% of the market share, followed by bus with 30%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automatic Fare Collection (AFC) Station Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automatic Fare Collection (AFC) Station Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automatic Fare Collection (AFC) Station Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automatic Fare Collection (AFC) Station Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automatic Fare Collection (AFC) Station Equipment covered in this report include Cubic Corporation, Thales Group, Omron Corporation, The Nippon Signal, Scheidt & Bachmann, GMV, Indra Company, Gunnebo and LECIP Group, etc.
The global Automatic Fare Collection (AFC) Station Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cubic Corporation
Thales Group
Omron Corporation
The Nippon Signal
Scheidt & Bachmann
GMV
Indra Company
Gunnebo
LECIP Group
UniTTEC
Huaming
INIT
Huahong Jitong
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
Global Automatic Fare Collection (AFC) Station Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automatic Fare Collection (AFC) Station Equipment market, Segment by Type:
Fare Gates
Ticket Vending Machine
Ticket Checking Machine
Booking Office Machine
Other
Global Automatic Fare Collection (AFC) Station Equipment market, by Application
Railway
Bus
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automatic Fare Collection (AFC) Station Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automatic Fare Collection (AFC) Station Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Automatic Fare Collection (AFC) Station Equipment Market Overview
1.1 Automatic Fare Collection (AFC) Station Equipment Product Overview
1.2 Automatic Fare Collection (AFC) Station Equipment Market Segment by Type
1.2.1 Fare Gates
1.2.2 Ticket Vending Machine
1.2.3 Ticket Checking Machine
1.2.4 Booking Office Machine
1.2.5 Other
1.3 Global Automatic Fare Collection (AFC) Station Equipment Market Size by Type
1.3.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Automatic Fare Collection (AFC) Station Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Type (2018-2023)
2 Global Automatic Fare Collection (AFC) Station Equipment Market Competition by Company
2.1 Global Top Players by Automatic Fare Collection (AFC) Station Equipment Sales (2018-2023)
2.2 Global Top Players by Automatic Fare Collection (AFC) Station Equipment Revenue (2018-2023)
2.3 Global Top Players by Automatic Fare Collection (AFC) Station Equipment Price (2018-2023)
2.4 Global Top Manufacturers Automatic Fare Collection (AFC) Station Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automatic Fare Collection (AFC) Station Equipment Market Competitive Situation and Trends
2.5.1 Automatic Fare Collection (AFC) Station Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automatic Fare Collection (AFC) Station Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automatic Fare Collection (AFC) Station Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Automatic Fare Collection (AFC) Station Equipment Market
2.8 Key Manufacturers Automatic Fare Collection (AFC) Station Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automatic Fare Collection (AFC) Station Equipment Status and Outlook by Region
3.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Region
3.2.1 Global Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Automatic Fare Collection (AFC) Station Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Automatic Fare Collection (AFC) Station Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Region
3.3.1 Global Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Automatic Fare Collection (AFC) Station Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Automatic Fare Collection (AFC) Station Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automatic Fare Collection (AFC) Station Equipment by Application
4.1 Automatic Fare Collection (AFC) Station Equipment Market Segment by Application
4.1.1 Railway
4.1.2 Bus
4.1.3 Other
4.2 Global Automatic Fare Collection (AFC) Station Equipment Market Size by Application
4.2.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Automatic Fare Collection (AFC) Station Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales Breakdown by Application (2018-2023)
5 North America Automatic Fare Collection (AFC) Station Equipment by Country
5.1 North America Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Country
5.1.1 North America Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2018-2023)
5.2 North America Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Country
5.2.1 North America Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2024-2029)
6 Europe Automatic Fare Collection (AFC) Station Equipment by Country
6.1 Europe Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Country
6.1.1 Europe Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2018-2023)
6.2 Europe Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Country
6.2.1 Europe Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment by Region
7.1 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Sales in Value by Region (2024-2029)
8 Latin America Automatic Fare Collection (AFC) Station Equipment by Country
8.1 Latin America Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Country
8.1.1 Latin America Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Country
8.2.1 Latin America Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment by Country
9.1 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automatic Fare Collection (AFC) Station Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cubic Corporation
10.1.1 Cubic Corporation Company Information
10.1.2 Cubic Corporation Introduction and Business Overview
10.1.3 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Products Offered
10.1.5 Cubic Corporation Recent Development
10.2 Thales Group
10.2.1 Thales Group Company Information
10.2.2 Thales Group Introduction and Business Overview
10.2.3 Thales Group Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Thales Group Automatic Fare Collection (AFC) Station Equipment Products Offered
10.2.5 Thales Group Recent Development
10.3 Omron Corporation
10.3.1 Omron Corporation Company Information
10.3.2 Omron Corporation Introduction and Business Overview
10.3.3 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Products Offered
10.3.5 Omron Corporation Recent Development
10.4 The Nippon Signal
10.4.1 The Nippon Signal Company Information
10.4.2 The Nippon Signal Introduction and Business Overview
10.4.3 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Products Offered
10.4.5 The Nippon Signal Recent Development
10.5 Scheidt & Bachmann
10.5.1 Scheidt & Bachmann Company Information
10.5.2 Scheidt & Bachmann Introduction and Business Overview
10.5.3 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Products Offered
10.5.5 Scheidt & Bachmann Recent Development
10.6 GMV
10.6.1 GMV Company Information
10.6.2 GMV Introduction and Business Overview
10.6.3 GMV Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GMV Automatic Fare Collection (AFC) Station Equipment Products Offered
10.6.5 GMV Recent Development
10.7 Indra Company
10.7.1 Indra Company Company Information
10.7.2 Indra Company Introduction and Business Overview
10.7.3 Indra Company Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Indra Company Automatic Fare Collection (AFC) Station Equipment Products Offered
10.7.5 Indra Company Recent Development
10.8 Gunnebo
10.8.1 Gunnebo Company Information
10.8.2 Gunnebo Introduction and Business Overview
10.8.3 Gunnebo Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gunnebo Automatic Fare Collection (AFC) Station Equipment Products Offered
10.8.5 Gunnebo Recent Development
10.9 LECIP Group
10.9.1 LECIP Group Company Information
10.9.2 LECIP Group Introduction and Business Overview
10.9.3 LECIP Group Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 LECIP Group Automatic Fare Collection (AFC) Station Equipment Products Offered
10.9.5 LECIP Group Recent Development
10.10 UniTTEC
10.10.1 UniTTEC Company Information
10.10.2 UniTTEC Introduction and Business Overview
10.10.3 UniTTEC Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 UniTTEC Automatic Fare Collection (AFC) Station Equipment Products Offered
10.10.5 UniTTEC Recent Development
10.11 Huaming
10.11.1 Huaming Company Information
10.11.2 Huaming Introduction and Business Overview
10.11.3 Huaming Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Huaming Automatic Fare Collection (AFC) Station Equipment Products Offered
10.11.5 Huaming Recent Development
10.12 INIT
10.12.1 INIT Company Information
10.12.2 INIT Introduction and Business Overview
10.12.3 INIT Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 INIT Automatic Fare Collection (AFC) Station Equipment Products Offered
10.12.5 INIT Recent Development
10.13 Huahong Jitong
10.13.1 Huahong Jitong Company Information
10.13.2 Huahong Jitong Introduction and Business Overview
10.13.3 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Products Offered
10.13.5 Huahong Jitong Recent Development
10.14 Genfare
10.14.1 Genfare Company Information
10.14.2 Genfare Introduction and Business Overview
10.14.3 Genfare Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Genfare Automatic Fare Collection (AFC) Station Equipment Products Offered
10.14.5 Genfare Recent Development
10.15 Bonin Fortune Access Equipment
10.15.1 Bonin Fortune Access Equipment Company Information
10.15.2 Bonin Fortune Access Equipment Introduction and Business Overview
10.15.3 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Products Offered
10.15.5 Bonin Fortune Access Equipment Recent Development
10.16 Haiputian Intelligent Technology
10.16.1 Haiputian Intelligent Technology Company Information
10.16.2 Haiputian Intelligent Technology Introduction and Business Overview
10.16.3 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Products Offered
10.16.5 Haiputian Intelligent Technology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automatic Fare Collection (AFC) Station Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automatic Fare Collection (AFC) Station Equipment Industrial Chain Analysis
11.4 Automatic Fare Collection (AFC) Station Equipment Market Dynamics
11.4.1 Automatic Fare Collection (AFC) Station Equipment Industry Trends
11.4.2 Automatic Fare Collection (AFC) Station Equipment Market Drivers
11.4.3 Automatic Fare Collection (AFC) Station Equipment Market Challenges
11.4.4 Automatic Fare Collection (AFC) Station Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automatic Fare Collection (AFC) Station Equipment Distributors
12.3 Automatic Fare Collection (AFC) Station Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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