DALLAS, March 30, 2015 /PRNewswire/ --
According to a new market research report "Automated Passenger Counter and Passenger Information System Market by Application (Railway, Roadway, Airway, and Waterway), by System (Hardware, Software & Services), by Component & Device; and by Geography - Global Analysis and Forecast to 2020", the automatic passenger counting market is expected to reach $194.17 Million by 2020, growing at a CAGR of 22.2% from 2014 to 2020; whereas, the Passenger Information System market is anticipated to reach $23.1 Billion by 2020.
Browse 56Tables and 97Figures spread through 200Pages and in-depth TOC on "Automatic Passenger Counting and Information System Market".
Early buyers will receive 10% customization on this report.
With the advancements in technology, urbanization and developing economies, the decreasing operational costs, provide ample of opportunities for the PIS market. On the other hand, the government regulations of the ridership data, increased demand for fleet optimization, and increased demand for smart telematics solutions are propelling the growth of the APC market.
The overall Automatic Passenger Counting and Information System Market is segmented into various segments, namely applications, systems, devices & components, and geographies. The automatic passenger counting market is expected to grow at an estimated CAGR of 22.2% from 2014 to 2020.
Geographically, the automatic passenger counting market is segmented into North America (the U.S., Canada, and Mexico), South America (Brazil, Argentina, and others), Europe (Germany, the U.K., France, Italy, and others), APAC (China, Japan, India, South Korea, and others), and the rest of the world (Africa and the Middle East). The American market accounts for a market share of ~55% in 2013 and is estimated to grow at a CAGR of 22.0% from 2014 to 2020. The APAC region is also expected to grow at a significant CAGR of 24.2% from 2014 to 2020
Speak to Analyst @http://www.marketsandmarkets.com/speaktoanalyst.asp?id=17856390
The players involved in the automatic passenger counting market include Eurotech SpA (Italy), iris-GmbH (Germany), Urban Transportation Associates, Inc. (U.S.), DILAX Intelcom GmbH (Germany), and HELLA Aglaia Mobile Vision GmbH (Germany), among others; whereas, those in the passenger information system market include Alstom (France), Cisco Systems, Inc. (U.S.), GE Transportation (U.S.), Hitachi, Ltd. (Japan), Huawei Technologies Co. Ltd. (China), and Siemens AG (Germany).
Browse Related Reports
Intelligent Transportation Systems Market by Component, Application, System (ATMS, ATIS, ITS- Enabled Transportation, Pricing System, APTS and CVO), by Component, Application and Geography (Americas, Europe, APAC, ROW) Analysis and Forecast to 2014 - 2020.
Display Market By Technology (E-Paper, OLED, LED, LCD, DLP, Lcos, Plasma), Type (Conventional, Flexible, Transparent, 3D], Applications (Consumer Appliances, Home Appliances, Automotive, Industrial, Healthcare, Others) & Geography - Forecast & Analysis to 2012 - 2017
MarketsandMarkets is world's No. 2 firms in terms of annual published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industry verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 full-time analysts and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connect over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Semiconductor & Electronic @http://www.marketsandmarkets.com/Subscription.html
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets