Industry: Machinery & Equipment
Published Date: 2026-03-05
Pages: 133 Pages
Report ld: 6007724
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Automatic Fare Collection Machine Market Size(US$)

CAGR 2026-2032
7.1%
Market Size,2032
USD 9,778
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Automatic Fare Collection Machine market was valued at US$ 6086 million in 2025 and is anticipated to reach US$ 9778 million by 2032, at a CAGR of 7.1% from 2026 to 2032.
An Automatic Fare Collection (AFC) Machine is a self-service device used in public transportation systems to automate ticketing, fare payment, and fare validation processes. It is a key component within a broader Automated Fare Collection System, which includes various machines, gates, software, and back-end management tools.
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 delivers a comprehensive overview of the global Automatic Fare Collection Machine market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Automatic Fare Collection Machine. The Automatic Fare Collection Machine market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Automatic Fare Collection Machine market comprehensively. Regional market sizes by Type, by Application, , and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Automatic Fare Collection Machine manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Automatic Fare Collection Machine companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Automatic Fare Collection Machine Market Size Growth Rate by Type: 2021 vs 2025 vs 2032
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 Machine Market Growth by Application: 2021 vs 2025 vs 2032
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 Machine Market Perspective (2021–2032)
2.2 Global Automatic Fare Collection Machine Growth Trends by Region
2.2.1 Global Automatic Fare Collection Machine Market Size by Region: 2021 vs 2025 vs 2032
2.2.2 Automatic Fare Collection Machine Historic Market Size by Region (2021–2026)
2.2.3 Automatic Fare Collection Machine Forecasted Market Size by Region (2027–2032)
2.3 Automatic Fare Collection Machine Market Dynamics
2.3.1 Automatic Fare Collection Machine Industry Trends
2.3.2 Automatic Fare Collection Machine Market Drivers
2.3.3 Automatic Fare Collection Machine Market Challenges
2.3.4 Automatic Fare Collection Machine Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Automatic Fare Collection Machine Players by Revenue
3.1.1 Global Top Automatic Fare Collection Machine Players by Revenue (2021–2026)
3.1.2 Global Automatic Fare Collection Machine Revenue Market Share by Players (2021–2026)
3.2 Global Top Automatic Fare Collection Machine Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
3.3 Global Key Players Ranking by Automatic Fare Collection Machine Revenue
3.4 Global Automatic Fare Collection Machine Market Concentration Ratio
3.4.1 Global Automatic Fare Collection Machine Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Automatic Fare Collection Machine Revenue in 2025
3.5 Global Key Players of Automatic Fare Collection Machine Head Offices and Areas Served
3.6 Global Key Players of Automatic Fare Collection Machine, Products and Applications
3.7 Global Key Players of Automatic Fare Collection Machine, Date of General Availability (GA)
3.8 Mergers and Acquisitions, Expansion Plans
4 Automatic Fare Collection Machine Breakdown Data by Type
4.1 Global Automatic Fare Collection Machine Historic Market Size by Type (2021–2026)
4.2 Global Automatic Fare Collection Machine Forecasted Market Size by Type (2027–2032)
5 Automatic Fare Collection Machine Breakdown Data by Application
5.1 Global Automatic Fare Collection Machine Historic Market Size by Application (2021–2026)
5.2 Global Automatic Fare Collection Machine Forecasted Market Size by Application (2027–2032)
6 North America
6.1 North America Automatic Fare Collection Machine Market Size (2021–2032)
6.2 North America Automatic Fare Collection Machine Market Growth Rate by Country: 2021 vs 2025 vs 2032
6.3 North America Automatic Fare Collection Machine Market Size by Country (2021–2026)
6.4 North America Automatic Fare Collection Machine Market Size by Country (2027–2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Automatic Fare Collection Machine Market Size (2021–2032)
7.2 Europe Automatic Fare Collection Machine Market Growth Rate by Country: 2021 vs 2025 vs 2032
7.3 Europe Automatic Fare Collection Machine Market Size by Country (2021–2026)
7.4 Europe Automatic Fare Collection Machine Market Size by Country (2027–2032)
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 Machine Market Size (2021–2032)
8.2 Asia-Pacific Automatic Fare Collection Machine Market Growth Rate by Region: 2021 vs 2025 vs 2032
8.3 Asia-Pacific Automatic Fare Collection Machine Market Size by Region (2021–2026)
8.4 Asia-Pacific Automatic Fare Collection Machine Market Size by Region (2027–2032)
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 Machine Market Size (2021–2032)
9.2 Latin America Automatic Fare Collection Machine Market Growth Rate by Country: 2021 vs 2025 vs 2032
9.3 Latin America Automatic Fare Collection Machine Market Size by Country (2021–2026)
9.4 Latin America Automatic Fare Collection Machine Market Size by Country (2027–2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Automatic Fare Collection Machine Market Size (2021–2032)
10.2 Middle East & Africa Automatic Fare Collection Machine Market Growth Rate by Country: 2021 vs 2025 vs 2032
10.3 Middle East & Africa Automatic Fare Collection Machine Market Size by Country (2021–2026)
10.4 Middle East & Africa Automatic Fare Collection Machine Market Size by Country (2027–2032)
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 Machine Introduction
11.1.4 Cubic Corporation Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.2.4 Thales Group Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.3.4 Omron Corporation Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.4.4 The Nippon Signal Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.5.4 Scheidt & Bachmann Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.6.4 GMV Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.7.4 Indra Company Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.8.4 Gunnebo Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.9.4 LECIP Group Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.10.4 UniTTEC Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.11.4 Huaming Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.12.4 INIT Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.13.4 Huahong Jitong Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.14.4 Genfare Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.15.4 Bonin Fortune Access Equipment Revenue in Automatic Fare Collection Machine Business (2021–2026)
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 Machine Introduction
11.16.4 Haiputian Intelligent Technology Revenue in Automatic Fare Collection Machine Business (2021–2026)
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
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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