Thursday, 25 August 2022

Global Automatic Passenger Counting and Information System Market Worth USD 20.7 Billion by 2027

In general, APCS - Automatic Passenger Counting System is a mobile-based and hardware application system that records passenger count who boards and departs at every stop. 

The automatic passenger counting and information system effectively replaced the schedule checkers used previously to collect ridership information manually. On the other hand, this system refers to the electronic information system that provides real-time passenger details. 

The technical innovations in this transit system can offer useful insights into statistics like off-peak and peak hours, real-time passenger count, route analytics, and the total number of passengers per stop. 

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It also lets passengers plan their route and track the vehicle in real-time without any issues. Light rails, buses, subways, trains, and ferry boats have this automatic passenger counting and information system. 

Industry Trends:

The coronavirus outbreak has reduced the automatic passenger counting and information system market due to the lockdown restrictions. However, the industry is expected to maintain the pre-pandemic position due to the serious vaccination programs worldwide. Currently, this system is playing a major role in many fields.

Market Segmentation:

Insight by Type:

Passenger Information Systems

Automatic Passenger Counting Systems

The automatic passenger counting and information system can dominate the market since it gives information about passengers to the bus transit operations. Hence it can be effectively useful in scheduling the route and time of their vehicles without any delay. 

This increasing competition among bus operations may lead to the growth in service offerings and enhance the customer base, leading to increased deployment of APCS in buses. Therefore, vehicle transportation will have proper management during the COVID-19 crisis due to the real-time information offered to bus operators.

Insight by Application:

Trains and Trams

Buses

Ferries

The bus segment contributes more to the automatic passenger counting and information system market. It is mainly since buses are the primary mode of transportation across the globe. The rising number of businesses in increased adoption and developing countries of advanced technologies will enhance the segment growth to the next level. 

Insight by Technology:

Stereoscopic Vision

Time of Flight

Infrared

The stereoscopic vision segment is expected to have more CAGR in the automatic passenger counting and information system market since it offers accurate information about more traffic data and detects the passenger movement direction. 

Bus drivers can accurately know the passenger count at each stop or each trip based on stereoscopic vision technology. The computerized passenger counting system is effectively useful for comparing the total number of passengers based on the tickets issues. Therefore it will help the bus operations to generate more income. 

Insight by Type

Mobile Applications

Infotainment Systems

Announcement

Display Systems

Emergency Communication Systems

A display system can dominate the automatic passenger counting and information system market since it provides digital systems to show the passenger's real-time information. 

Station platforms, ticket halls, interchange corridors, entrances and other areas can be equipped with a display information system to offer passengers relevant information on train or metro destinations and timings. 

It can enable the customer to get real-time information in traveling and at the station through disruptive technologies. Those technologies are big data, IoT, artificial intelligence, cloud, automation, and machine learning.

Insight by Application:  

Roadways

Railways

Airways

The railway's segment contributes more market share in the automatic passenger counting and information system market. Due to the mounting placement of rapid urbanization, metro rail proposals, modernization, and expansion of rail networks in growing economies will improve the segment growth. 

This system can offer information based on train arrival, departure, delays, platforms, cancellations, timings, and much more to offer passengers a better experience. 

Geographic Overview:

Europe

North America

Asia Pacific (APAC)

Other countries

North America can dominate the automatic passenger counting and information system market since it provides digital systems to show the passenger's real-time information. They can easily adapt to the rising demand and technology from the transportation and automotive industry. 

In addition, North America is the top contributor to the automatic passenger counting and information system market due to the upgradation of existing transit structures. After that, it will install new systems for future transit infrastructure projects.

Source: VynZ Research

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