Automated Passenger Counting Market to Grow by 18% a Year
According to a report by MarketsandMarkets, the automated passenger counting (APC) market will grow by over 18% per year.
Driving the growth is the increasing demand for real-time transit information, APC’s ability to reduce costs, government regulations requiring data on a regular basis, increasing adoption of APC in developing countries and the easy integration of APC with other technologies
“Stereoscopic vision technology expected to witness the highest growth for the automated passenger counting system market during the forecast period.”
A video passenger counting system is over 98% accurate. It can count passengers getting on and off separately while differentiating between adults, children and luggage. It can also count several passengers boarding at the same time. Accuracy is unaffected by tough environmental conditions such as varying lighting and temperature conditions.
Bus transit operators are interested in determining the passenger travelling pattern – such as when and how often the passenger travels – to schedule the bus time and route.
The Asia-Pacific region, which comprises highly populated and rapidly developing countries such as China and India, is expected to dominate the automated passenger counting system market between 2017 and 2022. These countries are investing huge amounts of money for developing the transportation sector.
“The major players in the automated passenger counting and information system market include…Retail Sensing Ltd. (U.K.).”
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Further Reading
Automatically Counting Passengers, Retail Sensing
Automated Passenger Counting and Information System Market: APC by Technology (Infrared, Stereoscopic Vision, Time-of-Flight), Application (Buses, Trains, Ferryboats), PIS by Systems, Application, and Geography – Global Forecast to 2022. By: marketsandmarkets.com
