Outlook of Automated Passenger Counting and Information System Market : Research Report during 24

Automated Passenger Counting and Information System Market size is anticipated to grow at a fast pace, owing to growth in adoption of advanced solutions in transport industry and increasing demand for real-time transit information.

Automatic passenger counting systems are the electronic machines, that count the number of passengers boarding and leaving at every stop. These have replaced schedule checkers, that were earlier used to collect passenger information manually. These systems are more cost effective than manual system and collects ridership information including departure & arrival of transportation means. Growing need for fleet optimization and increase in the demand for telematic solutions are expected to drive automated passenger counting and information system market growth over the forecast timeline.

Growing urbanization and increasing technological advancements such as real-time bus location & updates are anticipated to boost the overall industry growth. Increasing government regulations to support the adoption of these systems may fuel automated passenger counting and information system market growth. Moreover, the government in countries such as U.K. and Germany are demanding ridership data from transit operators to increase safety and counter terrorism, thereby, driving automated passenger counting and information system market growth. Moreover, this technology enables fast resolution of passenger complaints and enhances transit time efficiency.

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Lack of awareness regarding the benefits of these systems is expected to hinder automated passenger counting and information system market growth. Furthermore, Absence of appropriate infrastructure availability to implement these systems may restrain the growth in the coming years. Additionally, high initial costs are anticipated to decelerate growth, particularly in price sensitive economies.

The automated passenger counting and information system market is segmented on the basis of devices & components, types, technology, and mode of transport. Based on components, the industry is segmented as networking & communication devices, multimedia displays, and sensors.

On the basis of type, the automated passenger counting and information system market is segmented as information announcement systems, infotainment systems, information display systems, emergency communication system, and mobile application. Advancements in technology and increasing use of smartphones is expected to drive growth of passenger information mobile applications. Mobile applications enable the passengers to view maps, access information, and easy access to station & stop layouts.

Based on mode of transportations, the automated passenger counting and information system market is segmented as railways, roadways, airways, and waterways. The use of these systems in railway applications is on rise and is anticipated to drive industry growth over the future. In railways, these are installed on platforms, ticket halls, and train stations, due to their ability to provide real time information about trains, location status, delays & cancellations, emergency announcements, infotainment services, and advertisements. The real-time delivery of information to the passengers is challenging and automated passenger counting and information system market help transit operators offer better travel experience, by providing timely & accurate information.

The systems are increasingly being used in bus transit systems, thus driving the automated passenger counting and information system market growth. The bus operators are keen to determine passenger travelling patterns to schedule bus and decide routes. These patterns also help them for business development and optimize operational costs.

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On the basis of technology, the automated passenger counting and information system market is segmented as stereoscopic vision, infrared, time-of-flight, treadle mats, monocular cameras, and IP cameras. The systems based on stereoscopic vision are expected to grow at high growth rate, owing to their high accuracy. This technology enables separate counting & monitoring of exit & entrance traffic, differentiate between children, adults, & luggage, and count multiple passengers entering at the same time. It can cover wide entrance areas to count commuters, with its accuracy unaffected by environmental conditions such as harsh temperatures and varying lighting. The infrared technology-based systems are simple to install, low cost, have minimal maintenance requirement, and preferred by customers contributing to automated passenger counting and information system market growth.

Growing urbanization and rising economy is expected to boost automated passenger counting and information system market in Asia Pacific region. Countries in Asia Pacific are undergoing rapid infrastructure transformation in transportation sector. Increasing adoption of these systems in public transport to fulfill the demand of huge population is projected to augment the industry growth in the region.

Governments of India, Australia, and China are increasingly spending significant amounts to implement these systems in public transport. Growing number of transport projects in China is expected to fuel automated passenger counting and information system market growth. To ensure timely, safe, and reliable service, the systems are gaining consumer attention, thus propelling market growth across region.

Some of the major automated passenger counting and information system market players include Iris GmbH, Trapeze Group, HELLA Aglaia Mobile Vision GmbH, Syncromatics Corp., Eurotech S.p.A., DILAX Intelcom GmbH, Retail Sensing Ltd., Infodev Electronic Designers International Inc., Huawei Technology Co. Ltd., Cisco Systems, Inc., Clever Devices Ltd., Siemens AG, INIT innovation in traffic systems AG, and Hitachi, Ltd.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services.