Automated Passenger Counting (APC) System Market was Valued at 179.06 Million USD in 2022 and will Grow with a CAGR of 18.23% from 2022 to 2028

The global Automated Passenger Counting (APC) System market was valued at 179.06 Million USD in 2022 and will grow with a CAGR of 18.23% from 2022 to 2028, based on MARKET RESEARCH OUTLET newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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An Automated Passenger Counter (APC) is an electronic device available for installation on transit vehicles including buses and rail vehicles which accurately records boarding and alighting data. This technology can improve the accuracy and reliability of tracking transit ridership over traditional methods of manual accounting by drivers or estimation through random surveying.The major manufacturers in this industry are Init, HELLA Aglaia Mobile Vision GmbH and Eurotech S.p.A. Their revenue ratio in 2019 is 5.32%, 8.37% and 6.78% respectively.
By Market Verdors:
HELLA Aglaia Mobile Vision GmbH
Eurotech S.p.A
DILAX Intelcom GmbH
Infodev EDI
Universal Com Link
Passio Technologies
Clever Devices Ltd
Retail Sensing Ltd
GMV Syncromatics
Urban Transportation Associates (UTA)
By Types:
Infrared Type
Time-of-Flight Type
Stereoscopic Vision Type
By Applications:

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Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2028 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2028. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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