AFC Systems Market in China 2015-2019

Published: Apr 2015 Pages: 50 SKU: IRTNTR5668

About Automatic Fare Collection Systems
Automatic fare collection system is the integration of devices and software that automate the ticketing systems of transportation networks. The system is based on contactless technology and is automated to computation of fare and manually or automatically collection from travellers. The systems consists of automatic or semi-automatic ticket vending machines, automatic entry and exit gates, station and central server. An AFC system helps to improve rate of transaction, provide affordable operations and collect fares more efficiently. In addition, it helps to broaden the customer base for transport systems and establishments, as it provides end-users with easy operations. With the introduction of latest technology such as contactless technology, smartcard, and electronic payment, it helps to lessen the transaction risk and cost associated with handling cash. AFC systems market in China is expected to grow at a much rapid pace with the increased infrastructure investments by the China government in recent years.

TechNavio's analysts forecast the AFC Systems Market in China to grow at a CAGR of 12.04 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the AFC Systems market in China for the period 2015-2019. To calculate the market size, the report considers the AFC Systems market in China, the Global AFC Systems market, revenue generated from enterprise business, software, application, updates, and subscription revenue.

TechNavio's report, AFC Systems Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

Key Vendors
• GRG Banking Equipment
• Shanghai Huahong Jitong Smart System
• Shanghai Huaming Intelligent Terminal Equipment
• Shanghai Potevio

Other Prominent Vendors
 • Advantech
• China Academy of Railway Sciences (CARS)
• China National Software & Service
• Chunlan
• Cubic Transportation Systems (Beijing)
• Founder International
• GaoXin Modern Intelligent System
• Nanjing Thales Panda Transportation System
• Samsung SDS China
• Shandong New Beiyang Information Technology
• Shanghai Huateng Software Systems
• Shenzhen Modern Computer Manufacturer
 
Market Driver
• Growth in Rail Traffic Volume
• For a full, detailed list, view our report

Market Challenge
• Additional or Unanticipated System Requirements
• For a full, detailed list, view our report

Market Trend
• Increased Adoption for Contactless Technology
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market overview
03.2 Product offerings
04. Market Research Methodology
04.1 Market research process
04.2 Research methodology
05. Introduction
06. Overview of China
06.1 Introduction of AFC systems in China
06.2 Government activities to increase adoption of AFC systems
07. Market Landscape
07.1 Market overview
07.2 Components of AFC systems
07.3 Market size and forecast
07.4 AFC systems market in China and APAC
07.5 Five Forces Analysis
08. Market Segmentation by End-users
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive scenario
16.2 Leading vendor analysis
16.3 Other prominent vendors
17. Key Vendor Analysis
17.1 GRG Banking Equipment
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Business Segmentation by Revenue 2014
17.1.4 Geographical Segmentation 2014
17.1.5 Business Strategy
17.1.6 Recent Developments
17.1.7 SWOT Analysis
17.2 Shanghai Huahong Jitong Smart System
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Product Portfolio
17.2.4 Segmentation by Revenue 2012 and 2013
17.2.5 Geographical Segmentation by Revenue 2013
17.2.6 SWOT Analysis
17.3 Shanghai Huaming Intelligent Terminal Equipment
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 SWOT Analysis
17.4 Shanghai Potevio
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Business Segmentation by Revenue 2013
17.4.4 Recent Developments
17.4.5 SWOT Analysis
18. Other Reports in this Series

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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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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