Global Automatic Fare Collection (AFC) Station Equipment Market Size, Market Share, Industry Analysis Report 2026
Global Info Research‘s report offers an in-depth look into the current and future trends in Automatic Fare Collection (AFC) Station Equipment, making it an invaluable resource for businesses involved in the sector. This data will help companies make informed decisions on research and development, product design, and marketing strategies. It also provides insights into Automatic Fare Collection (AFC) Station Equipment’ cost structure, raw material sources, and production processes. Additionally, it offers an understanding of the regulations and policies that are likely to shape the future of the industry. In essence, our report can help you stay ahead of the curve and better capitalize on industry trends.
According to our (Global Info Research) latest study, the global Automatic Fare Collection (AFC) Station Equipment market size was valued at US$ 6540 million in 2025 and is forecast to a readjusted size of USD million by 2032 with a CAGR of % during review period.
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 is a detailed and comprehensive analysis for global Automatic Fare Collection (AFC) Station Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Our Automatic Fare Collection (AFC) Station Equipment Market report is a comprehensive study of the current state of the industry. It provides a thorough overview of the market landscape, covering factors such as market size, competitive landscape, key market trends, and opportunities for future growth. It also pinpoints the key players in the market, their strategies, and offerings.
According to our (Global Info Research) latest study, the global Automatic Fare Collection (AFC) Station Equipment market size was valued at US$ 6540 million in 2025 and is forecast to a readjusted size of USD million by 2032 with a CAGR of % during review period.
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 is a detailed and comprehensive analysis for global Automatic Fare Collection (AFC) Station Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Our Automatic Fare Collection (AFC) Station Equipment Market report is a comprehensive study of the current state of the industry. It provides a thorough overview of the market landscape, covering factors such as market size, competitive landscape, key market trends, and opportunities for future growth. It also pinpoints the key players in the market, their strategies, and offerings.
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The research report encompasses the prevailing trends embraced by major manufacturers in the Automatic Fare Collection (AFC) Station Equipment Market, such as the adoption of innovative technologies, government investments in research and development, and a growing emphasis on sustainability. Moreover, our research team has furnished essential data to illuminate the manufacturer's role within the regional and global markets.
The research study includes profiles of leading companies operating in the Automatic Fare Collection (AFC) Station Equipment Market:
The report is structured into chapters, with an introductory executive summary providing historical and estimated global market figures. This section also highlights the segments and reasons behind their progression or decline during the forecast period. Our insightful Automatic Fare Collection (AFC) Station Equipment Market report incorporates Porter's five forces analysis and SWOT analysis to decipher the factors influencing consumer and supplier behavior.
The research study includes profiles of leading companies operating in the Automatic Fare Collection (AFC) Station Equipment Market:
The report is structured into chapters, with an introductory executive summary providing historical and estimated global market figures. This section also highlights the segments and reasons behind their progression or decline during the forecast period. Our insightful Automatic Fare Collection (AFC) Station Equipment Market report incorporates Porter's five forces analysis and SWOT analysis to decipher the factors influencing consumer and supplier behavior.
Segmenting the Automatic Fare Collection (AFC) Station Equipment Market by application, type, service, technology, and region, each chapter offers an in-depth exploration of market nuances. This segment-based analysis provides readers with a closer look at market opportunities and threats while considering the political dynamics that may impact the market. Additionally, the report scrutinizes evolving regulatory scenarios to make precise investment projections, assesses the risks for new entrants, and gauges the intensity of competitive rivalry.
Major players covered: 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
Automatic Fare Collection (AFC) Station Equipment Market by Type: Fare Gates、 Ticket Vending Machine、 Ticket Checking Machine、 Booking Office Machine、 Other
Automatic Fare Collection (AFC) Station Equipment Market by Application: Railway、 Bus、 Other
Key Profits for Industry Members and Stakeholders:
Major players covered: 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
Automatic Fare Collection (AFC) Station Equipment Market by Type: Fare Gates、 Ticket Vending Machine、 Ticket Checking Machine、 Booking Office Machine、 Other
Automatic Fare Collection (AFC) Station Equipment Market by Application: Railway、 Bus、 Other
Key Profits for Industry Members and Stakeholders:
1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.
2. Which regulatory trends at corporate-level, business-level, and functional-level strategies.
3. Which are the End-User technologies being used to capture new revenue streams in the near future.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. One can increase a thorough grasp of market dynamics by looking at prices as well as the actions of producers and users.
6 Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
2. Which regulatory trends at corporate-level, business-level, and functional-level strategies.
3. Which are the End-User technologies being used to capture new revenue streams in the near future.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. One can increase a thorough grasp of market dynamics by looking at prices as well as the actions of producers and users.
6 Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automatic Fare Collection (AFC) Station Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automatic Fare Collection (AFC) Station Equipment, with price, sales, revenue and global market share of Automatic Fare Collection (AFC) Station Equipment from 2020 to 2025.
Chapter 3, the Automatic Fare Collection (AFC) Station Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automatic Fare Collection (AFC) Station Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and Automatic Fare Collection (AFC) Station Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automatic Fare Collection (AFC) Station Equipment.
Chapter 14 and 15, to describe Automatic Fare Collection (AFC) Station Equipment sales channel, distributors, customers, research findings and conclusion.
About Us:
Global Info Research
Web: https://www.globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
US: 001-347 966 1888
Email: report@globalinforesearch.com
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Chapter 1, to describe Automatic Fare Collection (AFC) Station Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automatic Fare Collection (AFC) Station Equipment, with price, sales, revenue and global market share of Automatic Fare Collection (AFC) Station Equipment from 2020 to 2025.
Chapter 3, the Automatic Fare Collection (AFC) Station Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automatic Fare Collection (AFC) Station Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and Automatic Fare Collection (AFC) Station Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automatic Fare Collection (AFC) Station Equipment.
Chapter 14 and 15, to describe Automatic Fare Collection (AFC) Station Equipment sales channel, distributors, customers, research findings and conclusion.
About Us:
Global Info Research
Web: https://www.globalinforesearch.com
CN: 0086-176 6505 2062
HK: 00852-58030175
US: 001-347 966 1888
Email: report@globalinforesearch.com
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
