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Global Automatic Fare Collection (AFC) Station Equipment Market Research Report 2025
Published Date: July 2025
|
Report Code: QYRE-Auto-3S7285
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Global Automatic Fare Collection AFC Station Equipment Market Insights and Forecast to 2028
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Global Automatic Fare Collection (AFC) Station Equipment Market Research Report 2025

Code: QYRE-Auto-3S7285
Report
July 2025
Pages:91
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
Init
Huaming
Gunnebo
GMV
Huahong Jitong
Indra Company
LECIP Group
Unittec
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology

Automatic Fare Collection (AFC) Station Equipment Market Size

The global market for Automatic Fare Collection (AFC) Station Equipment was valued at US$ 5973 million in the year 2024 and is projected to reach a revised size of US$ 9597 million by 2031, growing at a CAGR of 7.1% during the forecast period.

Automatic Fare Collection (AFC) Station Equipment Market

Automatic Fare Collection (AFC) Station Equipment Market

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.
This report aims to provide a comprehensive presentation of the global market for Automatic Fare Collection (AFC) Station Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Fare Collection (AFC) Station Equipment.
The Automatic Fare Collection (AFC) Station Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Automatic Fare Collection (AFC) Station Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automatic Fare Collection (AFC) Station Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Automatic Fare Collection (AFC) Station Equipment Market Report

Report Metric Details
Report Name Automatic Fare Collection (AFC) Station Equipment Market
Accounted market size in year US$ 5973 million
Forecasted market size in 2031 US$ 9597 million
CAGR 7.1%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
  • Railway
  • Bus
  • Other
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company 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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Automatic Fare Collection (AFC) Station Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Automatic Fare Collection (AFC) Station Equipment Market growing?

Ans: The Automatic Fare Collection (AFC) Station Equipment Market witnessing a CAGR of 7.1% during the forecast period 2025-2031.

What is the Automatic Fare Collection (AFC) Station Equipment Market size in 2031?

Ans: The Automatic Fare Collection (AFC) Station Equipment Market size in 2031 will be US$ 9597 million.

What is the market share of major companies in Automatic Fare Collection (AFC) Station Equipment Market?

Ans: The top five players hold a share over 37%.

What is the Automatic Fare Collection (AFC) Station Equipment Market share by region?

Ans: Asia-Pacific is the largest market, has a share about 44%, followed by Europe, and North America, with share 27% and 21%, separately.

Who are the main players in the Automatic Fare Collection (AFC) Station Equipment Market report?

Ans: The main players in the Automatic Fare Collection (AFC) Station Equipment Market are 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

What are the Application segmentation covered in the Automatic Fare Collection (AFC) Station Equipment Market report?

Ans: The Applications covered in the Automatic Fare Collection (AFC) Station Equipment Market report are Railway, Bus, Other

What are the Type segmentation covered in the Automatic Fare Collection (AFC) Station Equipment Market report?

Ans: The Types covered in the Automatic Fare Collection (AFC) Station Equipment Market report are Fare Gates, Ticket Vending Machine, Ticket Checking Machine, Booking Office Machine, Other

Recommended Reports

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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Fare Gates
1.2.3 Ticket Vending Machine
1.2.4 Ticket Checking Machine
1.2.5 Booking Office Machine
1.2.6 Other
1.3 Market by Application
1.3.1 Global Automatic Fare Collection (AFC) Station Equipment Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Railway
1.3.3 Bus
1.3.4 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Automatic Fare Collection (AFC) Station Equipment Market Perspective (2020-2031)
2.2 Global Automatic Fare Collection (AFC) Station Equipment Growth Trends by Region
2.2.1 Global Automatic Fare Collection (AFC) Station Equipment Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Region (2020-2025)
2.2.3 Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Region (2026-2031)
2.3 Automatic Fare Collection (AFC) Station Equipment Market Dynamics
2.3.1 Automatic Fare Collection (AFC) Station Equipment Industry Trends
2.3.2 Automatic Fare Collection (AFC) Station Equipment Market Drivers
2.3.3 Automatic Fare Collection (AFC) Station Equipment Market Challenges
2.3.4 Automatic Fare Collection (AFC) Station Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Automatic Fare Collection (AFC) Station Equipment Players by Revenue
3.1.1 Global Top Automatic Fare Collection (AFC) Station Equipment Players by Revenue (2020-2025)
3.1.2 Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Players (2020-2025)
3.2 Global Top Automatic Fare Collection (AFC) Station Equipment Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Automatic Fare Collection (AFC) Station Equipment Revenue
3.4 Global Automatic Fare Collection (AFC) Station Equipment Market Concentration Ratio
3.4.1 Global Automatic Fare Collection (AFC) Station Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Automatic Fare Collection (AFC) Station Equipment Revenue in 2024
3.5 Global Key Players of Automatic Fare Collection (AFC) Station Equipment Head office and Area Served
3.6 Global Key Players of Automatic Fare Collection (AFC) Station Equipment, Product and Application
3.7 Global Key Players of Automatic Fare Collection (AFC) Station Equipment, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Automatic Fare Collection (AFC) Station Equipment Breakdown Data by Type
4.1 Global Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Type (2020-2025)
4.2 Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Type (2026-2031)
5 Automatic Fare Collection (AFC) Station Equipment Breakdown Data by Application
5.1 Global Automatic Fare Collection (AFC) Station Equipment Historic Market Size by Application (2020-2025)
5.2 Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
6.2 North America Automatic Fare Collection (AFC) Station Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
6.4 North America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
7.2 Europe Automatic Fare Collection (AFC) Station Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
7.4 Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
8.2 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025)
8.4 Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
9.2 Latin America Automatic Fare Collection (AFC) Station Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
9.4 Latin America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size (2020-2031)
10.2 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025)
10.4 Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Cubic Corporation
11.1.1 Cubic Corporation Company Details
11.1.2 Cubic Corporation Business Overview
11.1.3 Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Introduction
11.1.4 Cubic Corporation Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.1.5 Cubic Corporation Recent Development
11.2 Thales Group
11.2.1 Thales Group Company Details
11.2.2 Thales Group Business Overview
11.2.3 Thales Group Automatic Fare Collection (AFC) Station Equipment Introduction
11.2.4 Thales Group Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.2.5 Thales Group Recent Development
11.3 Omron Corporation
11.3.1 Omron Corporation Company Details
11.3.2 Omron Corporation Business Overview
11.3.3 Omron Corporation Automatic Fare Collection (AFC) Station Equipment Introduction
11.3.4 Omron Corporation Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.3.5 Omron Corporation Recent Development
11.4 The Nippon Signal
11.4.1 The Nippon Signal Company Details
11.4.2 The Nippon Signal Business Overview
11.4.3 The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Introduction
11.4.4 The Nippon Signal Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.4.5 The Nippon Signal Recent Development
11.5 Scheidt & Bachmann
11.5.1 Scheidt & Bachmann Company Details
11.5.2 Scheidt & Bachmann Business Overview
11.5.3 Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Introduction
11.5.4 Scheidt & Bachmann Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.5.5 Scheidt & Bachmann Recent Development
11.6 GMV
11.6.1 GMV Company Details
11.6.2 GMV Business Overview
11.6.3 GMV Automatic Fare Collection (AFC) Station Equipment Introduction
11.6.4 GMV Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.6.5 GMV Recent Development
11.7 Indra Company
11.7.1 Indra Company Company Details
11.7.2 Indra Company Business Overview
11.7.3 Indra Company Automatic Fare Collection (AFC) Station Equipment Introduction
11.7.4 Indra Company Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.7.5 Indra Company Recent Development
11.8 Gunnebo
11.8.1 Gunnebo Company Details
11.8.2 Gunnebo Business Overview
11.8.3 Gunnebo Automatic Fare Collection (AFC) Station Equipment Introduction
11.8.4 Gunnebo Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.8.5 Gunnebo Recent Development
11.9 LECIP Group
11.9.1 LECIP Group Company Details
11.9.2 LECIP Group Business Overview
11.9.3 LECIP Group Automatic Fare Collection (AFC) Station Equipment Introduction
11.9.4 LECIP Group Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.9.5 LECIP Group Recent Development
11.10 UniTTEC
11.10.1 UniTTEC Company Details
11.10.2 UniTTEC Business Overview
11.10.3 UniTTEC Automatic Fare Collection (AFC) Station Equipment Introduction
11.10.4 UniTTEC Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.10.5 UniTTEC Recent Development
11.11 Huaming
11.11.1 Huaming Company Details
11.11.2 Huaming Business Overview
11.11.3 Huaming Automatic Fare Collection (AFC) Station Equipment Introduction
11.11.4 Huaming Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.11.5 Huaming Recent Development
11.12 INIT
11.12.1 INIT Company Details
11.12.2 INIT Business Overview
11.12.3 INIT Automatic Fare Collection (AFC) Station Equipment Introduction
11.12.4 INIT Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.12.5 INIT Recent Development
11.13 Huahong Jitong
11.13.1 Huahong Jitong Company Details
11.13.2 Huahong Jitong Business Overview
11.13.3 Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Introduction
11.13.4 Huahong Jitong Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.13.5 Huahong Jitong Recent Development
11.14 Genfare
11.14.1 Genfare Company Details
11.14.2 Genfare Business Overview
11.14.3 Genfare Automatic Fare Collection (AFC) Station Equipment Introduction
11.14.4 Genfare Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.14.5 Genfare Recent Development
11.15 Bonin Fortune Access Equipment
11.15.1 Bonin Fortune Access Equipment Company Details
11.15.2 Bonin Fortune Access Equipment Business Overview
11.15.3 Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Introduction
11.15.4 Bonin Fortune Access Equipment Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.15.5 Bonin Fortune Access Equipment Recent Development
11.16 Haiputian Intelligent Technology
11.16.1 Haiputian Intelligent Technology Company Details
11.16.2 Haiputian Intelligent Technology Business Overview
11.16.3 Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Introduction
11.16.4 Haiputian Intelligent Technology Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
11.16.5 Haiputian Intelligent Technology Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
FEATURED COMPANIES
Cubic Corporation
The Nippon Signal
Omron Corporation
Scheidt & Bachmann
Thales Group
Init
Huaming
Gunnebo
GMV
Huahong Jitong
Indra Company
LECIP Group
Unittec
Genfare
Bonin Fortune Access Equipment
Haiputian Intelligent Technology
List of Tables
 Table 1. Global Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Fare Gates
 Table 3. Key Players of Ticket Vending Machine
 Table 4. Key Players of Ticket Checking Machine
 Table 5. Key Players of Booking Office Machine
 Table 6. Key Players of Other
 Table 7. Global Automatic Fare Collection (AFC) Station Equipment Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 8. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 9. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 10. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Region (2020-2025)
 Table 11. Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 12. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Region (2026-2031)
 Table 13. Automatic Fare Collection (AFC) Station Equipment Market Trends
 Table 14. Automatic Fare Collection (AFC) Station Equipment Market Drivers
 Table 15. Automatic Fare Collection (AFC) Station Equipment Market Challenges
 Table 16. Automatic Fare Collection (AFC) Station Equipment Market Restraints
 Table 17. Global Automatic Fare Collection (AFC) Station Equipment Revenue by Players (2020-2025) & (US$ Million)
 Table 18. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Players (2020-2025)
 Table 19. Global Top Automatic Fare Collection (AFC) Station Equipment Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automatic Fare Collection (AFC) Station Equipment as of 2024)
 Table 20. Ranking of Global Top Automatic Fare Collection (AFC) Station Equipment Companies by Revenue (US$ Million) in 2024
 Table 21. Global 5 Largest Players Market Share by Automatic Fare Collection (AFC) Station Equipment Revenue (CR5 and HHI) & (2020-2025)
 Table 22. Global Key Players of Automatic Fare Collection (AFC) Station Equipment, Headquarters and Area Served
 Table 23. Global Key Players of Automatic Fare Collection (AFC) Station Equipment, Product and Application
 Table 24. Global Key Players of Automatic Fare Collection (AFC) Station Equipment, Date of Enter into This Industry
 Table 25. Mergers & Acquisitions, Expansion Plans
 Table 26. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Type (2020-2025) & (US$ Million)
 Table 27. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Type (2020-2025)
 Table 28. Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 29. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Type (2026-2031)
 Table 30. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2025) & (US$ Million)
 Table 31. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Application (2020-2025)
 Table 32. Global Automatic Fare Collection (AFC) Station Equipment Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 33. Global Automatic Fare Collection (AFC) Station Equipment Revenue Market Share by Application (2026-2031)
 Table 34. North America Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 35. North America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 36. North America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 37. Europe Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 38. Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 39. Europe Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 40. Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 41. Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 42. Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size by Region (2026-2031) & (US$ Million)
 Table 43. Latin America Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 44. Latin America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 45. Latin America Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 46. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 47. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 48. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 49. Cubic Corporation Company Details
 Table 50. Cubic Corporation Business Overview
 Table 51. Cubic Corporation Automatic Fare Collection (AFC) Station Equipment Product
 Table 52. Cubic Corporation Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 53. Cubic Corporation Recent Development
 Table 54. Thales Group Company Details
 Table 55. Thales Group Business Overview
 Table 56. Thales Group Automatic Fare Collection (AFC) Station Equipment Product
 Table 57. Thales Group Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 58. Thales Group Recent Development
 Table 59. Omron Corporation Company Details
 Table 60. Omron Corporation Business Overview
 Table 61. Omron Corporation Automatic Fare Collection (AFC) Station Equipment Product
 Table 62. Omron Corporation Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 63. Omron Corporation Recent Development
 Table 64. The Nippon Signal Company Details
 Table 65. The Nippon Signal Business Overview
 Table 66. The Nippon Signal Automatic Fare Collection (AFC) Station Equipment Product
 Table 67. The Nippon Signal Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 68. The Nippon Signal Recent Development
 Table 69. Scheidt & Bachmann Company Details
 Table 70. Scheidt & Bachmann Business Overview
 Table 71. Scheidt & Bachmann Automatic Fare Collection (AFC) Station Equipment Product
 Table 72. Scheidt & Bachmann Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 73. Scheidt & Bachmann Recent Development
 Table 74. GMV Company Details
 Table 75. GMV Business Overview
 Table 76. GMV Automatic Fare Collection (AFC) Station Equipment Product
 Table 77. GMV Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 78. GMV Recent Development
 Table 79. Indra Company Company Details
 Table 80. Indra Company Business Overview
 Table 81. Indra Company Automatic Fare Collection (AFC) Station Equipment Product
 Table 82. Indra Company Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 83. Indra Company Recent Development
 Table 84. Gunnebo Company Details
 Table 85. Gunnebo Business Overview
 Table 86. Gunnebo Automatic Fare Collection (AFC) Station Equipment Product
 Table 87. Gunnebo Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 88. Gunnebo Recent Development
 Table 89. LECIP Group Company Details
 Table 90. LECIP Group Business Overview
 Table 91. LECIP Group Automatic Fare Collection (AFC) Station Equipment Product
 Table 92. LECIP Group Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 93. LECIP Group Recent Development
 Table 94. UniTTEC Company Details
 Table 95. UniTTEC Business Overview
 Table 96. UniTTEC Automatic Fare Collection (AFC) Station Equipment Product
 Table 97. UniTTEC Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 98. UniTTEC Recent Development
 Table 99. Huaming Company Details
 Table 100. Huaming Business Overview
 Table 101. Huaming Automatic Fare Collection (AFC) Station Equipment Product
 Table 102. Huaming Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 103. Huaming Recent Development
 Table 104. INIT Company Details
 Table 105. INIT Business Overview
 Table 106. INIT Automatic Fare Collection (AFC) Station Equipment Product
 Table 107. INIT Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 108. INIT Recent Development
 Table 109. Huahong Jitong Company Details
 Table 110. Huahong Jitong Business Overview
 Table 111. Huahong Jitong Automatic Fare Collection (AFC) Station Equipment Product
 Table 112. Huahong Jitong Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 113. Huahong Jitong Recent Development
 Table 114. Genfare Company Details
 Table 115. Genfare Business Overview
 Table 116. Genfare Automatic Fare Collection (AFC) Station Equipment Product
 Table 117. Genfare Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 118. Genfare Recent Development
 Table 119. Bonin Fortune Access Equipment Company Details
 Table 120. Bonin Fortune Access Equipment Business Overview
 Table 121. Bonin Fortune Access Equipment Automatic Fare Collection (AFC) Station Equipment Product
 Table 122. Bonin Fortune Access Equipment Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 123. Bonin Fortune Access Equipment Recent Development
 Table 124. Haiputian Intelligent Technology Company Details
 Table 125. Haiputian Intelligent Technology Business Overview
 Table 126. Haiputian Intelligent Technology Automatic Fare Collection (AFC) Station Equipment Product
 Table 127. Haiputian Intelligent Technology Revenue in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025) & (US$ Million)
 Table 128. Haiputian Intelligent Technology Recent Development
 Table 129. Research Programs/Design for This Report
 Table 130. Key Data Information from Secondary Sources
 Table 131. Key Data Information from Primary Sources
 Table 132. Authors List of This Report


List of Figures
 Figure 1. Automatic Fare Collection (AFC) Station Equipment Picture
 Figure 2. Global Automatic Fare Collection (AFC) Station Equipment Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Type: 2024 VS 2031
 Figure 4. Fare Gates Features
 Figure 5. Ticket Vending Machine Features
 Figure 6. Ticket Checking Machine Features
 Figure 7. Booking Office Machine Features
 Figure 8. Other Features
 Figure 9. Global Automatic Fare Collection (AFC) Station Equipment Market Size by Application (2020-2031) & (US$ Million)
 Figure 10. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Application: 2024 VS 2031
 Figure 11. Railway Case Studies
 Figure 12. Bus Case Studies
 Figure 13. Other Case Studies
 Figure 14. Automatic Fare Collection (AFC) Station Equipment Report Years Considered
 Figure 15. Global Automatic Fare Collection (AFC) Station Equipment Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 16. Global Automatic Fare Collection (AFC) Station Equipment Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Region: 2024 VS 2031
 Figure 18. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Players in 2024
 Figure 19. Global Automatic Fare Collection (AFC) Station Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 20. The Top 10 and 5 Players Market Share by Automatic Fare Collection (AFC) Station Equipment Revenue in 2024
 Figure 21. North America Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. North America Automatic Fare Collection (AFC) Station Equipment Market Share by Country (2020-2031)
 Figure 23. United States Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Canada Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. Europe Automatic Fare Collection (AFC) Station Equipment Market Share by Country (2020-2031)
 Figure 27. Germany Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. France Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. U.K. Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Italy Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Russia Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Ireland Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Asia-Pacific Automatic Fare Collection (AFC) Station Equipment Market Share by Region (2020-2031)
 Figure 35. China Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Japan Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. South Korea Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Southeast Asia Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. India Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Australia & New Zealand Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Latin America Automatic Fare Collection (AFC) Station Equipment Market Share by Country (2020-2031)
 Figure 43. Mexico Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Brazil Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Middle East & Africa Automatic Fare Collection (AFC) Station Equipment Market Share by Country (2020-2031)
 Figure 47. Israel Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Saudi Arabia Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. UAE Automatic Fare Collection (AFC) Station Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. Cubic Corporation Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 51. Thales Group Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 52. Omron Corporation Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 53. The Nippon Signal Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 54. Scheidt & Bachmann Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 55. GMV Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 56. Indra Company Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 57. Gunnebo Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 58. LECIP Group Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 59. UniTTEC Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 60. Huaming Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 61. INIT Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 62. Huahong Jitong Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 63. Genfare Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 64. Bonin Fortune Access Equipment Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 65. Haiputian Intelligent Technology Revenue Growth Rate in Automatic Fare Collection (AFC) Station Equipment Business (2020-2025)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
 Figure 68. Key Executives Interviewed
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