Automatic Fare Collection (AFC) Systems Market by Component, Application and Geography - Forecast and Analysis 2023-2027
| Published: Jun 2023 | Pages: 165 | SKU: IRTNTR75576 |
AFC Systems Market Analysis Report 2023-2027:
The AFC systems market is estimated to grow at a CAGR of 9.72% between 2022 and 2027. The market size is forecast to increase by USD 4,672.71 million. The growth of the market depends on several factors, including successful applications of various technologies, increasing demand for cost-effective public transportation solutions, and government initiatives to promote the adoption of AFC systems.
This AFC systems market report extensively covers market segmentation by component (hardware and software), application (railways, parking, entertainment, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the Size of the AFC Systems Market During the Forecast Period?
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AFC Systems Market: Key Drivers, Trends, Challenges, and Customer Landscape
The successful applications of various technologies are notably driving the market growth, although factors such as growing concern for data privacy and security impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key AFC Systems Market Driver
One of the key factors driving the AFC systems market growth is the successful applications of various technologies. Due to dynamic technological innovations such as mobile ticketing, radio frequency identification (RFID), and NFC, the global AFC Systems Market is expected to have exponential growth in the coming years.RFID is another significant technology used in AFS systems for identification, payment, and security purposes which along with embedded systems and RFID tags, leads to an improved and efficient automated train ticketing system.
One of the main applications of RFID includes metro stations that use RFID reader circuits that facilitate the calculation of ticket charges. For instance, Metro systems in India, such as DMRC, Kolkata Metro Rail Corporation Ltd., Rapid Metro Gurgaon Ltd., Bengaluru Metro Rail Corporation Ltd., and Mumbai Metro Rail Corporation Ltd., use RFID tokens and smart cards. Hence, such applications are expected to drive the demand for the global Automatic Fare Collection (AFC) Systems Market growth during the forecast period.
Significant AFC Systems Market Trends
A key factor shaping the global AFC systems market growth is the growing focus on paperless transactions. Due to the increasing pollution which has an adverse effect on the environment, various governments across the world are undertaking initiatives to reduce deforestation and environmental pollution. For instance, governments around the world are promoting digital transactions to reduce the use of paper and save trees.
Thus, the growing focus on paperless transactions has encouraged the AFC systems market to generate e-tickets that are sent via messages or e-mails. consumers prefer e-tickets because they can book tickets at their convenience and store them on their personal devices. Additionally, these digital bills contribute significantly to the environment by eliminating the need for hard copies of tickets. Hence, such factors are expected to drive the demand for the global Automatic Fare Collection Systems Market growth during the forecast period.
Major AFC Systems Market Challenge
The growing concern for data privacy and security is one of the key challenges hindering the global AFC systems market growth. Data privacy and security concerns pose a significant threat to the global AFC system market due to the increasing use of electronic payment systems, the amount of personal and financial data being processed and stored has grown significantly.
Thus, it has made the AFC system an attractive target for cybercriminals, who try to exploit loopholes in the system to gain unauthorized access and steal data. For instance, according to Tenable 2022 Threat Landscape Report (TLR), APAC and Japan region accounted for 68% of the total of the 2.29 billion records exposed globally, in which India holds 450 million data beaches. One of the key reasons for this is the rapid use of smartphones and the lack of awareness about safe and secure ways of using the Internet. Therefore, such data privacy concern is expected to hinder the global AFC Systems Market growth during the forecast period.
AFC Systems Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global AFC Systems Market Customer Landscape
Who are the Major AFC Systems Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
GMV Innovating Solutions SL: The company offers AFC systems such as ticket configuration systems, and online and station equipment.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market vendors, including:
- Atos SE
- Chinasoft International Ltd.
- Cubic Corp.
- Dormakaba Holding AG
- Gaoxin Modern
- GRGBanking
- Indra Sistemas SA
- KML Technology Group Ltd.
- Leadway Tech
- LECIP Holdings Corp.
- LG Corp.
- Masabi Ltd.
- Nippon Signal Co. Ltd.
- NXP Semiconductors NV
- OMRON Corp.
- Scheidt and Bachmann GmbH
- Shanghai Huaming Intelligent Terminal Equipment Co. Ltd.
- Siemens AG
- Thales Group
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segments in the AFC Systems Market?
The market share growth by the hardware segment will be significant during the forecast period. Hardware is one of the key components of the functioning of any AFS system as they facilitate the necessary infrastructure for automated fare collection and processing. Another key hardware component in AFC systems is the AFC gates which are widely used in various modes of transportation, such as airports, metro stations, and bus terminals.
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The hardware segment was valued at USD 3,644.12 million in 2017 and continued to grow until 2021. Another significant hardware component is the ticket vending machine (TVM) which has a wide variety of applications in various payment gateways and provides several payment options such as cash, checks, debit cards, credit cards, mobile payments, and electronic bank transfers to passengers. Also, these devices are equipped with touch screens, cash and card payment terminals, and receipt printers. Some of the key hardware components in AFC systems include automated passenger counting (APC) systems that accurately track the number of passengers entering and exiting the vehicle, as well as security cameras that enhance passenger safety. Thus, such applications of hardware components are expected to drive the global AFC systems market growth during the forecast period.
Which are the Key Regions for the AFC Systems Market?
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North America is estimated to contribute 26% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is one of the dominant markets in the global afc market as it is an early adopter of innovative products and services. For instance, TransLink offers a Tap to Pay feature that allows customers to pay their fares by tapping a contactless Visa or Mastercard credit card or a mobile wallet at fare gates and on buses in the US. Another significant application of the AFS system is in sports and events which makes transactions secure and convenient. For example, there is a rising trend of mobile ticketing and acceptance of near-field communication (NFC)-enabled smartphones as contactless smart cards in sports arenas, such as American football stadiums. Hence such developments are expected to drive the global AFC systems market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global AFC systems market witnessed a significant slowdown due to the decline in ridership, which has led to a decrease in revenue for transportation companies, resulting in a reduced budget for upgrading and maintaining their AFC systems in North America. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the reopening of transportation facilities, theatres, and sports venues. Such factors are expected to drive the market during the forecast period.
Segment Overview
The AFC systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Component Outlook (USD Million, 2017 - 2027)
- Hardware
- Software
- Application Outlook (USD Million, 2017 - 2027)
- Railways
- Parking
- Entertainment
- Others
- Geography Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Parent Market Analysis
Technavio categorizes the global AFC systems market as a part of the global systems software market within the global IT software market. The super parent global IT software market covers companies engaged in developing and producing applications and systems software Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.
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AFC Systems Market Scope |
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Report Coverage |
Details |
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Page number |
165 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 9.72% |
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Market growth 2023-2027 |
USD 4,672.71 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
9.5 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 26% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Atos SE, Chinasoft International Ltd., Cubic Corp., Dormakaba Holding AG, Gaoxin Modern, GMV Innovating Solutions SL, GRGBanking, Gunnebo AB, Indra Sistemas SA, KML Technology Group Ltd., Leadway Tech, LECIP Holdings Corp., LG Corp., Masabi Ltd., Nippon Signal Co. Ltd., NXP Semiconductors NV, OMRON Corp., Scheidt and Bachmann GmbH, Shanghai Huaming Intelligent Terminal Equipment Co. Ltd., Siemens AG, STMicroelectronics NV, and Thales Group |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this AFC Systems Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of market vendors
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global AFC systems market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global afc systems market 2017 - 2021 ($ million)
- 4.2 Component Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Hardware - Market size and forecast 2022-2027
- Exhibit 34: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Hardware - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
- 6.4 Software - Market size and forecast 2022-2027
- Exhibit 38: Chart on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Software - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Software - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Component
- Exhibit 42: Market opportunity by Component ($ million)
- Exhibit 43: Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 44: Chart on Application - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 46: Chart on Comparison by Application
- Exhibit 47: Data Table on Comparison by Application
- 7.3 Railways - Market size and forecast 2022-2027
- Exhibit 48: Chart on Railways - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Railways - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Railways - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Railways - Year-over-year growth 2022-2027 (%)
- 7.4 Parking - Market size and forecast 2022-2027
- Exhibit 52: Chart on Parking - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Parking - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Parking - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Parking - Year-over-year growth 2022-2027 (%)
- 7.5 Entertainment - Market size and forecast 2022-2027
- Exhibit 56: Chart on Entertainment - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Entertainment - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Entertainment - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Entertainment - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Application
- Exhibit 64: Market opportunity by Application ($ million)
- Exhibit 65: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 Atos SE
- Exhibit 119: Atos SE - Overview
- Exhibit 120: Atos SE - Business segments
- Exhibit 121: Atos SE - Key news
- Exhibit 122: Atos SE - Key offerings
- Exhibit 123: Atos SE - Segment focus
- 12.4 Cubic Corp.
- Exhibit 124: Cubic Corp. - Overview
- Exhibit 125: Cubic Corp. - Business segments
- Exhibit 126: Cubic Corp. - Key offerings
- Exhibit 127: Cubic Corp. - Segment focus
- 12.5 Dormakaba Holding AG
- Exhibit 128: Dormakaba Holding AG - Overview
- Exhibit 129: Dormakaba Holding AG - Product / Service
- Exhibit 130: Dormakaba Holding AG - Key offerings
- 12.6 GMV Innovating Solutions SL
- Exhibit 131: GMV Innovating Solutions SL - Overview
- Exhibit 132: GMV Innovating Solutions SL - Product / Service
- Exhibit 133: GMV Innovating Solutions SL - Key offerings
- 12.7 Indra Sistemas SA
- Exhibit 134: Indra Sistemas SA - Overview
- Exhibit 135: Indra Sistemas SA - Business segments
- Exhibit 136: Indra Sistemas SA - Key offerings
- Exhibit 137: Indra Sistemas SA - Segment focus
- 12.8 Leadway Tech
- Exhibit 138: Leadway Tech - Overview
- Exhibit 139: Leadway Tech - Product / Service
- Exhibit 140: Leadway Tech - Key offerings
- 12.9 LECIP Holdings Corp.
- Exhibit 141: LECIP Holdings Corp. - Overview
- Exhibit 142: LECIP Holdings Corp. - Product / Service
- Exhibit 143: LECIP Holdings Corp. - Key offerings
- 12.10 LG Corp.
- Exhibit 144: LG Corp. - Overview
- Exhibit 145: LG Corp. - Business segments
- Exhibit 146: LG Corp. - Key offerings
- Exhibit 147: LG Corp. - Segment focus
- 12.11 Masabi Ltd.
- Exhibit 148: Masabi Ltd. - Overview
- Exhibit 149: Masabi Ltd. - Product / Service
- Exhibit 150: Masabi Ltd. - Key offerings
- 12.12 Nippon Signal Co. Ltd.
- Exhibit 151: Nippon Signal Co. Ltd. - Overview
- Exhibit 152: Nippon Signal Co. Ltd. - Product / Service
- Exhibit 153: Nippon Signal Co. Ltd. - Key offerings
- 12.13 NXP Semiconductors NV
- Exhibit 154: NXP Semiconductors NV - Overview
- Exhibit 155: NXP Semiconductors NV - Product / Service
- Exhibit 156: NXP Semiconductors NV - Key news
- Exhibit 157: NXP Semiconductors NV - Key offerings
- 12.14 OMRON Corp.
- Exhibit 158: OMRON Corp. - Overview
- Exhibit 159: OMRON Corp. - Business segments
- Exhibit 160: OMRON Corp. - Key news
- Exhibit 161: OMRON Corp. - Key offerings
- Exhibit 162: OMRON Corp. - Segment focus
- 12.15 Scheidt and Bachmann GmbH
- Exhibit 163: Scheidt and Bachmann GmbH - Overview
- Exhibit 164: Scheidt and Bachmann GmbH - Product / Service
- Exhibit 165: Scheidt and Bachmann GmbH - Key offerings
- 12.16 Siemens AG
- Exhibit 166: Siemens AG - Overview
- Exhibit 167: Siemens AG - Business segments
- Exhibit 168: Siemens AG - Key news
- Exhibit 169: Siemens AG - Key offerings
- Exhibit 170: Siemens AG - Segment focus
- 12.17 Thales Group
- Exhibit 171: Thales Group - Overview
- Exhibit 172: Thales Group - Business segments
- Exhibit 173: Thales Group - Key news
- Exhibit 174: Thales Group - Key offerings
- Exhibit 175: Thales Group - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 176: Inclusions checklist
- Exhibit 177: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 178: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 179: Research methodology
- Exhibit 180: Validation techniques employed for market sizing
- Exhibit 181: Information sources
- 13.5 List of abbreviations
- Exhibit 182: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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afc systems market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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