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Automatic Fare Collection (AFC) Machine Industry Research Reports on Global and China Markets

DALLAS, August 21, 2014 /PRNewswire/ -- offers 2014 Market Research Report on Global Automatic Fare Collection (AFC) Machine Industry as well as AFC system industry reports with forecasts to 2017 and beyond. Companies like Shanghai Huahong, GRG Banking, Chunlan, Zhejiang United, Shanghai Huaming, Nanjing Thales Panda, Samsung SDS China (Samsung SDSC) Beijing Office, Shenzhen Modern Computer Manufacturer (MCM), China Academy of Railway Sciences (CARS), Advantech (China), Breiz, Hantech Technology, Chengdu Jilian, Egoal, Shunjikeji, KML, Samsung (Korea), Busan Transportation Corporation, Advantech Co., Ltd (USA), Cubic (USA), CCS Challenge Card Systems GmbH (Germany), Gautrain (Africa) and others have been discussed in these regional and global automatic fare collection machine market research reports.

2014 Market Research Report on Global Automatic Fare Collection (AFC) Machine Industry provides data and information on North America (United States, Canada, Mexico, etc), Europe (Germany, France, UK, Italy, Spain, etc), Asia (China, Japan, India, Korea, etc) and Rest of World (Australia, South America, Middle East and Africa) along with key players in each region as well as 2009-2014 Automatic Fare Collection (AFC) Machine Capacity, Production, Price, Cost, Gross Production Value, Gross Margin and more. Besides supply and demand side data by regions, the report also provides information on different technology product output and different applications consumption for 2009-2014. 2014-2020 forecasts for product technology development and market data (production, price, cost, etc) also provided in addition to product picture and specifications, different product type selling price, regional average selling price and global average selling price (2009-2014) along with global average cost (2009-2014) and 2014 cost structure. 16 companies from China's AFC machine industry, 2 Korean companies, 2 players from North America and more are profiled in this report to help with competitive intelligence data and information. A new AFC machine project's SWOT analysis is provided in the report that covers investment feasibility analysis and budget details. Order a copy of this report for US$3600 (single user PDF) at .

China Automatic Fare Collection (AFC) System Industry Report says by the end of 2013, 19 Chinese cities had put 87 urban rail lines into operation with the operating mileage of 2,539 km, of which 56 lines, 1,788 km (70.42%) and 1,017 operating stations were contributed by top six cities - Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing and Tianjin. In 2014, it is expected that 13 Chinese cities will launch new rail lines, with 403.5 km and 270 stations to be added. In 2014-2015, China will fulfill the construction of 12 new high-speed railways with the operating mileage of 8,887 km. The booming high-speed railways will boost the railway passenger transportation capacity and drive opportunities for China AFC system market.

Chinese AFC system vendors include: GRG Banking Equipment, Potevio, Shanghai Huahong Jitong Smart System, Shandong New Beiyang Information Technology, China National Software & Service, Founder International, Shanghai Huateng Software Systems and Gaoxin Modern Intelligent System. The AFC equipment and core modules produced by the Chinese AFC giant GRG Banking Equipment have been applied to more than thirty urban rail transportation and high-speed passenger railway lines in China. In H1 2013, GRG Banking Equipment won the bid for the Project of Banknote Change, Ticket & Card Sale and Recovery Modules in Ningbo and signed a contract about Changsha Metro Line 2 Project; meanwhile, its AFC revenue grew 98.47% year on year to RMB47.20 million.

Huahong Jitong is the only system provider focusing on AFC system in China. Since 2013, the slowdown of some municipal construction projects as well as long construction period have impacted the revenue of the company. From January to September 2013, Huahong Jitong achieved the revenue of RMB148.9 million, down 22.97% year on year; its net income dropped by 22.25% year on year to RMB16.7 million. From 2009 onward, Huahong Jitong has extended its market outside Shanghai, and won the rail transportation projects in Suzhou, Xi'an, Kunming and Harbin through tenders. In H1 2013, the revenue in the regions outside Shanghai accounted for 69.58% of the company's total revenue. Order a copy of this report for US$2300 (single user PDF) at .

Analysis and Forecast of China AFC (Automatic Fare Collection System) Industry, 2013-2017 says By 2015, the operating mileage of China's rail transit will reach more than 3,000 km and will reach 6,000 km by 2020, which will need the investment amount of about CNY 3 trillion to CNY 4 trillion. In 2013, the market scale of AFC will reach CNY 4.2 billion and it will achieve CNY 6 billion by 2017, among which, the urban rail transit AFC application will be CNY 3.5 billion and the high-speed rail field will be CNY 2.5 billion. The market prospect is broad.

Companies like GRG Banking, Thales Panda Transportation System Co., Ltd., Shanghai Potevio Co., Ltd., Shanghai Huahong Jitong Smart System Co., Ltd. and Modern Computer Manufacturer Co., Ltd. are profiled in this research. With the rapid development of the rail transit construction, the demand volume for AFC is larger and larger; as the investment cost of importing equipment is large and with the issuance of State Council's requirement that 60% of the rail transit equipment should be localized, the domestic AFC companies will account for more market shares with promising prospects. Order a copy of this report for US$1800 (single user PDF) at .

These in-depth research reports on Global Automatic Fare Collection (AFC) Machine industry provide information for analysis and projections for different geographic regions. Data sources for these research reports are from direct interviews as well as industry association or publicly available financial reports of concerned companies and other reliable data source.

Explore more reports on China and other reports by QY Research at .

About Us is an online market research reports library of 450,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.


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