Counting Commuters: Navigating the Booming Industry of Automated Passenger Counting and Information System Market

It is projected that the global Automated Passenger Counting and Information System Market would reach a value of USD 12.5 billion by 2027, up from USD 8.0 billion in 2022. A research study by MarketsandMarkets goes into detail about this strong growth, which is anticipated to have a Compound Annual Growth Rate (CAGR) of 9.4%. The research includes a thorough market analysis that makes a distinction between PIS (passenger information systems) and Automated Passenger Counting (APC) systems. Based on technology, such as stereoscopic vision, time-of-flight (ToF), and infrared (IR), the APC system market is examined in further detail. In contrast, the PIS market is divided into categories such as Infotainment Systems and Display Systems.

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Government rules in some countries are a major factor driving the growth of the market for automated passenger counting systems. Fleet operators are required by these requirements to submit ridership statistics to government agencies on a regular basis. Automated passenger counting systems have been adopted by transportation authorities due to the need for precise and timely data. These technologies allow for the efficient and accurate tracking of passenger counts across many transport modes in addition to guaranteeing adherence to regulatory standards. The drive from regulations highlights how important it is for the transport industry to have accurate and transparent data.

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Passenger information systems accounted for a larger share of the market in 2021

Passenger information systems asserted a sizable market share in 2021. In the transportation industry, these systems are essential, especially for bus transit operators that want to tailor their schedules to the travel habits of their passengers. The use of passenger counting technologies has increased due to the increased competition among bus operators to provide better services and draw in more passengers. Real-time data from these devices helps transit operators manage bus operations more effectively, which was especially important during the COVID-19 pandemic. Additionally, the railway industry is finding more and more use for passenger information systems, which offer infotainment and real-time occupancy data. By using emergency communication systems, they effectively handle possible crises and enhance passenger safety.
Counting Commuters: Navigating the Booming Industry of Automated Passenger Counting and Information System Market It is projected that the global Automated Passenger Counting and Information System Market would reach a value of USD 12.5 billion by 2027, up from USD 8.0 billion in 2022. A research study by MarketsandMarkets goes into detail about this strong growth, which is anticipated to have a Compound Annual Growth Rate (CAGR) of 9.4%. The research includes a thorough market analysis that makes a distinction between PIS (passenger information systems) and Automated Passenger Counting (APC) systems. Based on technology, such as stereoscopic vision, time-of-flight (ToF), and infrared (IR), the APC system market is examined in further detail. In contrast, the PIS market is divided into categories such as Infotainment Systems and Display Systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=17856390 Government rules in some countries are a major factor driving the growth of the market for automated passenger counting systems. Fleet operators are required by these requirements to submit ridership statistics to government agencies on a regular basis. Automated passenger counting systems have been adopted by transportation authorities due to the need for precise and timely data. These technologies allow for the efficient and accurate tracking of passenger counts across many transport modes in addition to guaranteeing adherence to regulatory standards. The drive from regulations highlights how important it is for the transport industry to have accurate and transparent data. Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=17856390 Passenger information systems accounted for a larger share of the market in 2021 Passenger information systems asserted a sizable market share in 2021. In the transportation industry, these systems are essential, especially for bus transit operators that want to tailor their schedules to the travel habits of their passengers. The use of passenger counting technologies has increased due to the increased competition among bus operators to provide better services and draw in more passengers. Real-time data from these devices helps transit operators manage bus operations more effectively, which was especially important during the COVID-19 pandemic. Additionally, the railway industry is finding more and more use for passenger information systems, which offer infotainment and real-time occupancy data. By using emergency communication systems, they effectively handle possible crises and enhance passenger safety.
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