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(I-SoftwareNews.Com, August 08, 2018 ) Market Overview:-
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.
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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.
Top Key Players:-
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of automated passenger counting and information system market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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Regional Segmentations: -
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.
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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.
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.
About Global Market Insights
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. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Source: EmailWire.Com 
Source: EmailWire.com
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