Automated Passenger Counting and Information System Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
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Automated Passenger Counting and Information System Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
The Global Automated Passenger Counting and Information System Market is segmented by Type ((APC Systems and PIS), APC System Market, By Technology (IR, ToF, Stereoscopic Vision), PIS Market, By Type (Display Systems, Infotainment Systems)), by Application, and by Region – (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]) - Russia-Ukraine War Impact Analysis and Forecast to 2028.
The Global Automated Passenger Counting and Information System Market is segmented by Type...
Automated Passenger Counting and Information System Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028 See less...
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.
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.
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In-depth Analysis of the Automated Passenger Counting and Information System Market
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Market forecast and trend data and emerging trends
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Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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Drivers & challenges
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