Global Automatic Fare Collection (AFC) Station Equipment Market Growth (Status and Outlook) 2025-2031
Product Code: 1687803
Industry: Machinery & Equipment
Published: Jun 28,2025
Pages: 137
Delivery Time: 2-3 business days
Global Automatic Fare Collection (AFC) Station Equipment Market Growth (Status and Outlook) 2025-2031
Product Code: 1687803
Industry: Machinery & Equipment
Published: Jun 28,2025
Pages: 137
Delivery Time: 2-3 business days
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Description
According to this study, the global Automatic Fare Collection (AFC) Station Equipment market size will reach US$ 9529 million by 2031.
Automatic Fare Collection (AFC) Station Equipment is a contactless smartcard-based end-to-end solution for fare collection and payment. AFC machine is the equipment used in the automatic fare collection system. The elements of AFC system are:Ticket vending machines (TVMs), where passengers can buy a ticket for their journey; Ticket office machines (TOMs), used by railway staff to issue tickets at stations; Fare gates, which form a barrier between the "unpaid" area of the station and the "paid" area where passengers must possess a valid ticket. The fare gate will read and release the gate when a valid ticket is presented.
Global key players of automatic fare collection (AFC) station equipment include Cubic Corporation, Thales Group, Omron Corporation, The Nippon Signal, Scheidt & Bachmann, etc. The top five players hold a share over 37%. Asia-Pacific is the largest market, has a share about 44%, followed by Europe, and North America, with share 27% and 21%, separately.
1. Rapid Urbanization and Rising Passenger Numbers
Urban centers are growing rapidly, with millions of people relying daily on metro, rail, bus, and other public transport networks. To manage increasing footfall efficiently, operators need robust machines that automate ticketing, top-ups, and access control. AFC Machines help reduce congestion at ticket counters and station gates, streamlining passenger flow.
2. Government Investments in Smart City and Smart Transport Projects
Many governments have launched smart city programs aimed at modernizing urban mobility. Automated fare collection is a core part of these programs, with AFC Machines playing a crucial role. Funding and policy support for digital ticketing, real-time passenger information, and integrated mobility solutions are driving demand for advanced machines.
3. Growing Adoption of Cashless and Contactless Payment Technologies
Passengers increasingly prefer tap-and-go payments using smart cards, mobile wallets, or contactless bank cards. AFC Machines have evolved to support these trends — modern ticket vending machines, gates, and validators can process mobile QR codes, NFC payments, and open-loop transactions. The shift away from cash reduces handling costs and supports hygiene.
4. Demand for Improved Revenue Protection and Fraud Reduction
Revenue leakage due to fare evasion and manual ticketing errors remains a significant issue for many transport operators. AFC Machines ensure proper fare validation, keep detailed electronic records, and minimize human error. Automatic gates prevent unpaid entry and exit, acting as a physical barrier against fare dodging.
LPI (LP Information)' newest research report, the “Automatic Fare Collection (AFC) Station Equipment Industry Forecast” looks at past sales and reviews total world Automatic Fare Collection (AFC) Station Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Fare Collection (AFC) Station Equipment sales for 2025 through 2031. With Automatic Fare Collection (AFC) Station Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Fare Collection (AFC) Station Equipment industry.
This Insight Report provides a comprehensive analysis of the global Automatic Fare Collection (AFC) Station Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automatic Fare Collection (AFC) Station Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Fare Collection (AFC) Station Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Fare Collection (AFC) Station Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Fare Collection (AFC) Station Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Fare Collection (AFC) Station Equipment market by product type, application, key players and key regions and countries.
Segmentation by Type:
Fare Gates
Ticket Vending Machine
Ticket Checking Machine
Booking Office Machine
Other
Segmentation by Application:
Railway
Bus
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cubic Corporation
Thales Group
Omron Corporation
The Nippon Signal
Scheidt & Bachmann
GMV
Indra Company
Gunnebo
LECIP Group
UniTTEC
Huaming
INIT
Huahong Jitong
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
Table Of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
2.1.2 Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Automatic Fare Collection (AFC) Station Equipment by Country/Region (2020, 2024 & 2031)
2.2 Automatic Fare Collection (AFC) Station Equipment Segment by Type
2.2.1 Fare Gates
2.2.2 Ticket Vending Machine
2.2.3 Ticket Checking Machine
2.2.4 Booking Office Machine
2.2.5 Other
2.3 Automatic Fare Collection (AFC) Station Equipment Market Size by Type
2.3.1 Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025)
2.4 Automatic Fare Collection (AFC) Station Equipment Segment by Application
2.4.1 Railway
2.4.2 Bus
2.4.3 Other
2.5 Automatic Fare Collection (AFC) Station Equipment Market Size by Application
2.5.1 Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025)
3 Automatic Fare Collection (AFC) Station Equipment Market Size by Player
3.1 Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Player
3.1.1 Global Automatic Fare Collection (AFC) Station Equipment Revenue by Player (2020-2025)
3.1.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Player (2020-2025)
3.2 Global Automatic Fare Collection (AFC) Station Equipment Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Automatic Fare Collection (AFC) Station Equipment by Region
4.1 Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025)
4.2 Global Automatic Fare Collection (AFC) Station Equipment Annual Revenue by Country/Region (2020-2025)
4.3 Americas Automatic Fare Collection (AFC) Station Equipment Market Size Growth (2020-2025)
4.4 APAC Automatic Fare Collection (AFC) Station Equipment Market Size Growth (2020-2025)
4.5 Europe Automatic Fare Collection (AFC) Station Equipment Market Size Growth (2020-2025)
4.6 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size Growth (2020-2025)
5 Americas
5.1 Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
5.2 Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025)
5.3 Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025)
6.2 APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025)
6.3 APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
7.2 Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025)
7.3 Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment by Region (2020-2025)
8.2 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025)
8.3 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Automatic Fare Collection (AFC) Station Equipment Market Forecast
10.1 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Region (2026-2031)
10.1.1 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Region (2026-2031)
10.1.2 Americas Automatic Fare Collection (AFC) Station Equipment Forecast
10.1.3 APAC Automatic Fare Collection (AFC) Station Equipment Forecast
10.1.4 Europe Automatic Fare Collection (AFC) Station Equipment Forecast
10.1.5 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Forecast
10.2 Americas Automatic Fare Collection (AFC) Station Equipment Forecast by Country (2026-2031)
10.2.1 United States Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.2.2 Canada Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.2.3 Mexico Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.2.4 Brazil Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.3 APAC Automatic Fare Collection (AFC) Station Equipment Forecast by Region (2026-2031)
10.3.1 China Automatic Fare Collection (AFC) Station Equipment Market Forecast
10.3.2 Japan Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.3.3 Korea Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.3.4 Southeast Asia Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.3.5 India Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.3.6 Australia Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.4 Europe Automatic Fare Collection (AFC) Station Equipment Forecast by Country (2026-2031)
10.4.1 Germany Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.4.2 France Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.4.3 UK Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.4.4 Italy Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.4.5 Russia Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.5 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Forecast by Region (2026-2031)
10.5.1 Egypt Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.5.2 South Africa Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.5.3 Israel Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.5.4 Turkey Market Automatic Fare Collection (AFC) Station Equipment Forecast
10.6 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Type (2026-2031)
10.7 Global Automatic Fare Collection (AFC) Station Equipment Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Automatic Fare Collection (AFC) Station Equipment Forecast
11 Key Players Analysis
11.1 Cubic Corporation
11.1.1 Cubic Corporation Company Information
11.1.2 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Product Offered
11.1.3 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Cubic Corporation Main Business Overview
11.1.5 Cubic Corporation Latest Developments
11.2 Thales Group
11.2.1 Thales Group Company Information
11.2.2 Thales Group Automatic Fare Collection (AFC) Station Equipment Product Offered
11.2.3 Thales Group Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Thales Group Main Business Overview
11.2.5 Thales Group Latest Developments
11.3 Omron Corporation
11.3.1 Omron Corporation Company Information
11.3.2 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Product Offered
11.3.3 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Omron Corporation Main Business Overview
11.3.5 Omron Corporation Latest Developments
11.4 The Nippon Signal
11.4.1 The Nippon Signal Company Information
11.4.2 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Product Offered
11.4.3 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 The Nippon Signal Main Business Overview
11.4.5 The Nippon Signal Latest Developments
11.5 Scheidt & Bachmann
11.5.1 Scheidt & Bachmann Company Information
11.5.2 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Product Offered
11.5.3 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Scheidt & Bachmann Main Business Overview
11.5.5 Scheidt & Bachmann Latest Developments
11.6 GMV
11.6.1 GMV Company Information
11.6.2 GMV Automatic Fare Collection (AFC) Station Equipment Product Offered
11.6.3 GMV Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 GMV Main Business Overview
11.6.5 GMV Latest Developments
11.7 Indra Company
11.7.1 Indra Company Company Information
11.7.2 Indra Company Automatic Fare Collection (AFC) Station Equipment Product Offered
11.7.3 Indra Company Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Indra Company Main Business Overview
11.7.5 Indra Company Latest Developments
11.8 Gunnebo
11.8.1 Gunnebo Company Information
11.8.2 Gunnebo Automatic Fare Collection (AFC) Station Equipment Product Offered
11.8.3 Gunnebo Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Gunnebo Main Business Overview
11.8.5 Gunnebo Latest Developments
11.9 LECIP Group
11.9.1 LECIP Group Company Information
11.9.2 LECIP Group Automatic Fare Collection (AFC) Station Equipment Product Offered
11.9.3 LECIP Group Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 LECIP Group Main Business Overview
11.9.5 LECIP Group Latest Developments
11.10 UniTTEC
11.10.1 UniTTEC Company Information
11.10.2 UniTTEC Automatic Fare Collection (AFC) Station Equipment Product Offered
11.10.3 UniTTEC Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 UniTTEC Main Business Overview
11.10.5 UniTTEC Latest Developments
11.11 Huaming
11.11.1 Huaming Company Information
11.11.2 Huaming Automatic Fare Collection (AFC) Station Equipment Product Offered
11.11.3 Huaming Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Huaming Main Business Overview
11.11.5 Huaming Latest Developments
11.12 INIT
11.12.1 INIT Company Information
11.12.2 INIT Automatic Fare Collection (AFC) Station Equipment Product Offered
11.12.3 INIT Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 INIT Main Business Overview
11.12.5 INIT Latest Developments
11.13 Huahong Jitong
11.13.1 Huahong Jitong Company Information
11.13.2 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Product Offered
11.13.3 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Huahong Jitong Main Business Overview
11.13.5 Huahong Jitong Latest Developments
11.14 Genfare
11.14.1 Genfare Company Information
11.14.2 Genfare Automatic Fare Collection (AFC) Station Equipment Product Offered
11.14.3 Genfare Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Genfare Main Business Overview
11.14.5 Genfare Latest Developments
11.15 Bonin Fortune Access Equipment
11.15.1 Bonin Fortune Access Equipment Company Information
11.15.2 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Product Offered
11.15.3 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Bonin Fortune Access Equipment Main Business Overview
11.15.5 Bonin Fortune Access Equipment Latest Developments
11.16 Haiputian Intelligent Technology
11.16.1 Haiputian Intelligent Technology Company Information
11.16.2 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Product Offered
11.16.3 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Haiputian Intelligent Technology Main Business Overview
11.16.5 Haiputian Intelligent Technology Latest Developments
12 Research Findings and Conclusion
List Of Tables
List of Tables Table 1. Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Region (2020 VS 2024 VS 2031) & ($ millions) Table 2. Automatic Fare Collection (AFC) Station Equipment Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions) Table 3. Major Players of Fare Gates Table 4. Major Players of Ticket Vending Machine Table 5. Major Players of Ticket Checking Machine Table 6. Major Players of Booking Office Machine Table 7. Major Players of Other Table 8. Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Type (2020 VS 2024 VS 2031) & ($ millions) Table 9. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & ($ millions) Table 10. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025) Table 11. Automatic Fare Collection (AFC) Station Equipment Market Size CAGR by Application (2020 VS 2024 VS 2031) & ($ millions) Table 12. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & ($ millions) Table 13. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025) Table 14. Global Automatic Fare Collection (AFC) Station Equipment Revenue by Player (2020-2025) & ($ millions) Table 15. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Player (2020-2025) Table 16. Automatic Fare Collection (AFC) Station Equipment Key Players Head office and Products Offered Table 17. Automatic Fare Collection (AFC) Station Equipment Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) Table 18. New Products and Potential Entrants Table 19. Mergers & Acquisitions, Expansion Table 20. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025) & ($ millions) Table 21. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Region (2020-2025) Table 22. Global Automatic Fare Collection (AFC) Station Equipment Revenue by Country/Region (2020-2025) & ($ millions) Table 23. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Country/Region (2020-2025) Table 24. Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & ($ millions) Table 25. Americas Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Country (2020-2025) Table 26. Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & ($ millions) Table 27. Americas Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025) Table 28. Americas Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & ($ millions) Table 29. Americas Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025) Table 30. APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025) & ($ millions) Table 31. APAC Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Region (2020-2025) Table 32. APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & ($ millions) Table 33. APAC Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & ($ millions) Table 34. Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & ($ millions) Table 35. Europe Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Country (2020-2025) Table 36. Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & ($ millions) Table 37. Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & ($ millions) Table 38. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025) & ($ millions) Table 39. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & ($ millions) Table 40. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & ($ millions) Table 41. Key Market Drivers & Growth Opportunities of Automatic Fare Collection (AFC) Station Equipment Table 42. Key Market Challenges & Risks of Automatic Fare Collection (AFC) Station Equipment Table 43. Key Industry Trends of Automatic Fare Collection (AFC) Station Equipment Table 44. Global Automatic Fare Collection (AFC) Station Equipment Market Size Forecast by Region (2026-2031) & ($ millions) Table 45. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share Forecast by Region (2026-2031) Table 46. Global Automatic Fare Collection (AFC) Station Equipment Market Size Forecast by Type (2026-2031) & ($ millions) Table 47. Global Automatic Fare Collection (AFC) Station Equipment Market Size Forecast by Application (2026-2031) & ($ millions) Table 48. Cubic Corporation Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 49. Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Product Offered Table 50. Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 51. Cubic Corporation Main Business Table 52. Cubic Corporation Latest Developments Table 53. Thales Group Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 54. Thales Group Automatic Fare Collection (AFC) Station Equipment Product Offered Table 55. Thales Group Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 56. Thales Group Main Business Table 57. Thales Group Latest Developments Table 58. Omron Corporation Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 59. Omron Corporation Automatic Fare Collection (AFC) Station Equipment Product Offered Table 60. Omron Corporation Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 61. Omron Corporation Main Business Table 62. Omron Corporation Latest Developments Table 63. The Nippon Signal Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 64. The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Product Offered Table 65. The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 66. The Nippon Signal Main Business Table 67. The Nippon Signal Latest Developments Table 68. Scheidt & Bachmann Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 69. Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Product Offered Table 70. Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 71. Scheidt & Bachmann Main Business Table 72. Scheidt & Bachmann Latest Developments Table 73. GMV Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 74. GMV Automatic Fare Collection (AFC) Station Equipment Product Offered Table 75. GMV Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 76. GMV Main Business Table 77. GMV Latest Developments Table 78. Indra Company Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 79. Indra Company Automatic Fare Collection (AFC) Station Equipment Product Offered Table 80. Indra Company Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 81. Indra Company Main Business Table 82. Indra Company Latest Developments Table 83. Gunnebo Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 84. Gunnebo Automatic Fare Collection (AFC) Station Equipment Product Offered Table 85. Gunnebo Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 86. Gunnebo Main Business Table 87. Gunnebo Latest Developments Table 88. LECIP Group Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 89. LECIP Group Automatic Fare Collection (AFC) Station Equipment Product Offered Table 90. LECIP Group Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 91. LECIP Group Main Business Table 92. LECIP Group Latest Developments Table 93. UniTTEC Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 94. UniTTEC Automatic Fare Collection (AFC) Station Equipment Product Offered Table 95. UniTTEC Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 96. UniTTEC Main Business Table 97. UniTTEC Latest Developments Table 98. Huaming Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 99. Huaming Automatic Fare Collection (AFC) Station Equipment Product Offered Table 100. Huaming Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 101. Huaming Main Business Table 102. Huaming Latest Developments Table 103. INIT Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 104. INIT Automatic Fare Collection (AFC) Station Equipment Product Offered Table 105. INIT Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 106. INIT Main Business Table 107. INIT Latest Developments Table 108. Huahong Jitong Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 109. Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Product Offered Table 110. Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 111. Huahong Jitong Main Business Table 112. Huahong Jitong Latest Developments Table 113. Genfare Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 114. Genfare Automatic Fare Collection (AFC) Station Equipment Product Offered Table 115. Genfare Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 116. Genfare Main Business Table 117. Genfare Latest Developments Table 118. Bonin Fortune Access Equipment Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 119. Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Product Offered Table 120. Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 121. Bonin Fortune Access Equipment Main Business Table 122. Bonin Fortune Access Equipment Latest Developments Table 123. Haiputian Intelligent Technology Details, Company Type, Automatic Fare Collection (AFC) Station Equipment Area Served and Its Competitors Table 124. Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Product Offered Table 125. Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 126. Haiputian Intelligent Technology Main Business Table 127. Haiputian Intelligent Technology Latest Developments List of Figures Figure 1. Automatic Fare Collection (AFC) Station Equipment Report Years Considered Figure 2. Research Objectives Figure 3. Research Methodology Figure 4. Research Process and Data Source Figure 5. Global Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate (2020-2031) ($ millions) Figure 6. Automatic Fare Collection (AFC) Station Equipment Sales by Geographic Region (2020, 2024 & 2031) & ($ millions) Figure 7. Automatic Fare Collection (AFC) Station Equipment Sales Market Share by Country/Region (2024) Figure 8. Automatic Fare Collection (AFC) Station Equipment Sales Market Share by Country/Region (2020, 2024 & 2031) Figure 9. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type in 2024 Figure 10. Automatic Fare Collection (AFC) Station Equipment in Railway Figure 11. Global Automatic Fare Collection (AFC) Station Equipment Market: Railway (2020-2025) & ($ millions) Figure 12. Automatic Fare Collection (AFC) Station Equipment in Bus Figure 13. Global Automatic Fare Collection (AFC) Station Equipment Market: Bus (2020-2025) & ($ millions) Figure 14. Automatic Fare Collection (AFC) Station Equipment in Other Figure 15. Global Automatic Fare Collection (AFC) Station Equipment Market: Other (2020-2025) & ($ millions) Figure 16. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application in 2024 Figure 17. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Player in 2024 Figure 18. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Region (2020-2025) Figure 19. Americas Automatic Fare Collection (AFC) Station Equipment Market Size 2020-2025 ($ millions) Figure 20. APAC Automatic Fare Collection (AFC) Station Equipment Market Size 2020-2025 ($ millions) Figure 21. Europe Automatic Fare Collection (AFC) Station Equipment Market Size 2020-2025 ($ millions) Figure 22. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size 2020-2025 ($ millions) Figure 23. Americas Automatic Fare Collection (AFC) Station Equipment Value Market Share by Country in 2024 Figure 24. United States Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 25. Canada Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 26. Mexico Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 27. Brazil Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 28. APAC Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Region in 2024 Figure 29. APAC Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025) Figure 30. APAC Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025) Figure 31. China Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 32. Japan Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 33. South Korea Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 34. Southeast Asia Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 35. India Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 36. Australia Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 37. Europe Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Country in 2024 Figure 38. Europe Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025) Figure 39. Europe Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025) Figure 40. Germany Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 41. France Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 42. UK Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 43. Italy Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 44. Russia Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 45. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Region (2020-2025) Figure 46. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Type (2020-2025) Figure 47. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size Market Share by Application (2020-2025) Figure 48. Egypt Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 49. South Africa Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 50. Israel Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 51. Turkey Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 52. GCC Countries Automatic Fare Collection (AFC) Station Equipment Market Size Growth 2020-2025 ($ millions) Figure 53. Americas Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 54. APAC Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 55. Europe Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 56. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 57. United States Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 58. Canada Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 59. Mexico Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 60. Brazil Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 61. China Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 62. Japan Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 63. Korea Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 64. Southeast Asia Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 65. India Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 66. Australia Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 67. Germany Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 68. France Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 69. UK Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 70. Italy Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 71. Russia Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 72. Egypt Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 73. South Africa Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 74. Israel Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 75. Turkey Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions) Figure 76. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share Forecast by Type (2026-2031) Figure 77. Global Automatic Fare Collection (AFC) Station Equipment Market Size Market Share Forecast by Application (2026-2031) Figure 78. GCC Countries Automatic Fare Collection (AFC) Station Equipment Market Size 2026-2031 ($ millions)
Companies Mentioned
Cubic Corporation
Thales Group
Omron Corporation
The Nippon Signal
Scheidt & Bachmann
GMV
Indra Company
Gunnebo
LECIP Group
UniTTEC
Huaming
INIT
Huahong Jitong
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
Methodology
LP Information 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.
Data Sourse
Primary Source
Secondary Source
Players/Suppliers
Journals and Periodicals
Industry Experts
Government Bodies
Distributors/Traders
Annual Reports
Opinion Leaders
Presentations
Front-line Staff
Paid Databases
Marketing Executives
LPI Internal Repository
Data Analysis
Data Synthesis
Data Validation
Information Gathering
Triangulation with Data Models
Collation of Data
Reference Against Proprietary
Estimation of Key Figures
Databases
Analysis of Derived Insights
Corroboration with Industry Experts
Writing And Finishing Report
Qualitative Analysis
Qualitative Analysis
Market drivers
Market size and forecast
Market challenges
Market segmentation
Market trends
Geographical insights
Five forces analysis
Competitive landscape
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