Automated Passenger Counting and Information System Market Analysis | 2022-2028

Automated Passenger Counting and Information System Market Analysis | 2022-2028

Automated Passenger Counting and Information System Market Analysis | 2022-2028
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Automated Passenger Counting and Information System Market Size, Share, Trend, Forecast, C See more...

The Automated Passenger Counting and Information System Market is expected to grow from USD 6.85 billion in 2021 to USD 12.35 billion by 2028 at a CAGR of 8.8% during the forecast period.

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Market Dynamics

Introduction

An automated passenger counter refers to an electronic device that counts the number of passengers boarding or stepping off to or from moving vehicles, such as trains, buses, and ferries. A passenger information system is an electronic information system that stores and processes passenger information in real-time, collected from an automated passenger counter. Its main purpose is to predict arrival and departure times and means of information about the nature and causes of disturbance. The data can easily be retrieved through a web browser or mobile device.

Due to growth in metro rail projects, the railway segment is expected to be the most promising sector for the automated passenger counting and information system market. The use of complete information on ridership, automated passenger counting, and information systems also helps operators in enhancing operational costs.

DRIVERS: Operational Cost Optimization

The intense competition among transportation service providers has led transit operators to offer low-cost and reliable services to passengers and gain a competitive edge over others. Minimizing operational costs is one of the major factors in enhancing businesses’ operational efficiency. To maximize revenues and decrease operational costs, transit companies are required to plan their transit vehicles optimally during peak traffic to ensure that sufficient vehicles are available during those periods and there are no empty vehicles.

Though it is difficult to determine the accurate traveling pattern of passengers, historic passenger data helps in planning the route and the timing of vehicles to decrease operational costs and use resources optimally.

RESTRAINTS: Lack of awareness

Even though the automated passenger counting and information systems market is being adopted rapidly in many developed nations, these systems are experiencing low adoption in developing economies. Several federal- and state-funding agencies need ridership reports to assess the performance of transit services and offer a general scenario of the demand levels in certain areas. Service planners use detailed ridership data to apply changes to transit vehicle routes based on passenger traffic. Time-related data, along with ridership data, is used to track schedule adherence of in-transit vehicles.

Nevertheless, the collection of ridership data manually is a time-consuming and expensive task and is typically useful in providing data for some days. However, because of budget constraints and lack of technology awareness, passengers’ data is often collected during some periods by trained checkers manually. Thus, measurements are carried out only at predefined checkpoints (e.g., maximum load sections) or for a sample of trips during some hours for a few days in a year.

When the sample is evaluated, it is possible to create a load profile of the route through ride checks. Yet, in such checks, there is no guarantee of accuracy, which is why emerging economies are required to learn about automatic passenger counting and information systems.

OPPORTUNITIES: New technological developments

There have been notable technological developments in automated passenger counting systems in recent years, such as time-of-flight or stereoscopic vision technologies. These technologies have enabled automated passenger counting systems to achieve an accuracy of over 95% in counting passengers. Traditional passenger counting systems are based on treadle mats and infrared technology to count passengers.

When mounted on ceilings or any high-traffic environment, these systems experience accuracy-related problems caused due to slight variations in light or temperature. These limitations have however been overcome by modern technologies such as time-of-flight and stereoscopic vision. Furthermore, the Weigh-In-Motion (WIM) system is also a new technological development in the automated passenger counting system market. This system counts the number of passengers by calculating the weight difference inside the vehicle before and after stops.

Recent Developments

  • In July 2022, Xovis won the contract to deliver its people flow solution to the newly built Ezhou Huahu Airport, located at the Chinese city of Ezhou. According to the company, by 2025, nearly 1 million passengers would use the airport, which may increase to 1.5 million by 2030.
  • In January 2022, R2P GmbH announced the completion of its project on the rails of Slovenia. The company supplied its passenger information system and passenger announcement solutions to the client.

Segments Analysis

The stereoscopic vision segment is to witness the highest CAGR in the automated passenger counting system market over the forecast period

Stereoscopic vision technology has been gaining traction in recent years as it is capable of collecting precise information from high-volume traffic data. Furthermore, this technology is also able to easily detect the direction of passengers’ movement. Stereoscopic vision technology is a passive technology as it only utilizes the ambient light of the surrounding environment and not any external light, thus, it is only viable to use outdoors with good lighting.

If a stereoscopic vision camera is used under low-light conditions, then the camera may not be able to capture the stereo features of the scene. Therefore, to get high-resolution images instantly, the stereo camera should have a sensor that is powerful enough to handle all the processing.

The railway segment holds the largest share of the global passenger information system market in 2021

The railway application held the largest share in 2021. Several key cities worldwide, such as New York, Santiago, Hong Kong, Chile, and Montreal, have been the early adopters of passenger information systems to enhance the traveling experience of passengers. Growing urbanization, ongoing technological developments in public information systems to improve the customer experience, the ongoing expansion of rail networks in different countries, and increasing government initiatives to modernize railway infrastructures are acting as major driving factors for the growth of the passenger information system market.

The automated passenger counting and information system market in APAC is to witness the highest CAGR during the forecast period

The high growth rate of the APAC automated passenger counting and information system market is due to the growing adoption of advanced automated systems in transit vehicles to provide timely, reliable, and secure transportation services. The large and continuously growing population base in countries such as China, India, and Australia creates demands for smart transportation networks that ensure a reliable and secure traveling experience for passengers.

The advancing transportation sector and continuously growing investments in it to improve the public transit services, as well as the growing adoption of smart solutions in the transportation sector in APAC, act as new opportunities for the market.

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Key Players

The major players operating in the global automated passenger counting and information system market are:

  • Dilax Intelcom
  • Eurotech
  • Hella Aglaia Mobile Vision
  • Iris-GmbH
  • Siemens
  • Cisco Systems
  • Infodev Edi
  • Samsung Electronics
  • Hitachi
  • Innovation In Traffic Systems
  • Bluesurge Technologies
  • Clever Devices
  • Exeros Technologies
  • GMV Syncromatics
  • ETA Transit Systems
  • Masstrans Technologiies
  • Eyeride
  • Ermetris Srl
  • Giken Trastem
  • Xovis
  • R2P GmbH
  • Passio Technologies
  • Postec Technology
  • R-Com Consulting Ltd.
  • Retail Sensing Ltd.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth Analysis of the Automated Passenger Counting and Information System Market

How lucrative is the future?

Market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

The automated passenger counting and information system market is expected to grow at a CAGR of 8.8% during 2022-2028.

The automated passenger counting and information system market size is estimated to grow from USD 6.85 billion in 2021 to USD 12.35 billion by 2028.

The key players operating in the market are Dilax Intelcom, Eurotech, Hella Aglaia Mobile Vision, Iris-GmbH, Siemens, Cisco Systems, Infodev Edi, Samsung Electronics, Hitachi, Innovation In Traffic Systems, Bluesurge Technologies, Clever Devices, Exeros Technologies, GMV Syncromatics, ETA Transit Systems, Masstrans Technologies, Eyeride, Ermetris Srl, Giken Trastem, Xovis, R2P GmbH, Passio Technologies, Postec Technology, R-Com Consulting Ltd., Retail Sensing Ltd.

The automated passenger counting and information system market in APAC is to witness the highest CAGR during the forecast period

The market is studied from 2016-2028.