Industry: Machinery & Equipment
Published Date: 2026-03-05
Pages: 127 Pages
Report ld: 6010552
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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 market for Automatic Fare Collection Machine was estimated to be worth US$ 6086 million in 2025 and is projected to reach US$ 9778 million, growing 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 provides a comprehensive view of the global market for Automatic Fare Collection Machine, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Automatic Fare Collection Machine market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Automatic Fare Collection Machine.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the Automatic Fare Collection Machine companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Automatic Fare Collection Machine revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Automatic Fare Collection Machine revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value Chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Automatic Fare Collection Machine Product Introduction
1.2 Global Automatic Fare Collection Machine Market Size Forecast (2021–2032)
1.3 Automatic Fare Collection Machine Market Trends & Drivers
1.3.1 Automatic Fare Collection Machine Industry Trends
1.3.2 Automatic Fare Collection Machine Market Drivers & Opportunities
1.3.3 Automatic Fare Collection Machine Market Challenges
1.3.4 Automatic Fare Collection Machine Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Automatic Fare Collection Machine Players Revenue Ranking (2025)
2.2 Global Automatic Fare Collection Machine Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies Automatic Fare Collection Machine Product Offerings
2.5 Key Companies General Availability (GA) Timeline for Automatic Fare Collection Machine
2.6 Automatic Fare Collection Machine Market Competitive Analysis
2.6.1 Automatic Fare Collection Machine Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by Automatic Fare Collection Machine Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Automatic Fare Collection Machine revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation Automatic Fare Collection Machine Market Classification
3.1 Introduction by Type
3.1.1 Fare Gates
3.1.2 Ticket Vending Machine
3.1.3 Ticket Checking Machine
3.1.4 Booking Office Machine
3.1.5 Other
3.1.6 Global Automatic Fare Collection Machine Sales Value by Type
3.1.6.1 Global Automatic Fare Collection Machine Sales Value by Type (2021 vs 2025 vs 2032)
3.1.6.2 Global Automatic Fare Collection Machine Sales Value, by Type (2021–2032)
3.1.6.3 Global Automatic Fare Collection Machine Sales Value, by Type (%), 2021–2032
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Railway
4.1.2 Bus
4.1.3 Other
4.2 Global Automatic Fare Collection Machine Sales Value by Application
4.2.1 Global Automatic Fare Collection Machine Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Automatic Fare Collection Machine Sales Value by Application (2021–2032)
4.2.3 Global Automatic Fare Collection Machine Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global Automatic Fare Collection Machine Sales Value by Region
5.1.1 Global Automatic Fare Collection Machine Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Automatic Fare Collection Machine Sales Value by Region (2021–2026)
5.1.3 Global Automatic Fare Collection Machine Sales Value by Region (2027–2032)
5.1.4 Global Automatic Fare Collection Machine Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America Automatic Fare Collection Machine Sales Value, 2021–2032
5.2.2 North America Automatic Fare Collection Machine Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe Automatic Fare Collection Machine Sales Value, 2021–2032
5.3.2 Europe Automatic Fare Collection Machine Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific Automatic Fare Collection Machine Sales Value, 2021–2032
5.4.2 Asia Pacific Automatic Fare Collection Machine Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America Automatic Fare Collection Machine Sales Value, 2021–2032
5.5.2 South America Automatic Fare Collection Machine Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa Automatic Fare Collection Machine Sales Value, 2021–2032
5.6.2 Middle East & Africa Automatic Fare Collection Machine Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Automatic Fare Collection Machine Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Automatic Fare Collection Machine Sales Value, 2021–2032
6.3 United States
6.3.1 United States Automatic Fare Collection Machine Sales Value, 2021–2032
6.3.2 United States Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Automatic Fare Collection Machine Sales Value, 2021–2032
6.4.2 Europe Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Automatic Fare Collection Machine Sales Value, 2021–2032
6.5.2 China Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.5.3 China Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Automatic Fare Collection Machine Sales Value, 2021–2032
6.6.2 Japan Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Automatic Fare Collection Machine Sales Value, 2021–2032
6.7.2 South Korea Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Automatic Fare Collection Machine Sales Value, 2021–2032
6.8.2 Southeast Asia Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Automatic Fare Collection Machine Sales Value, 2021–2032
6.9.2 India Automatic Fare Collection Machine Sales Value by Type (%), 2025 vs 2032
6.9.3 India Automatic Fare Collection Machine Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Cubic Corporation
7.1.1 Cubic Corporation Profile
7.1.2 Cubic Corporation Main Business
7.1.3 Cubic Corporation Automatic Fare Collection Machine Products, Services, and Solutions
7.1.4 Cubic Corporation Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.1.5 Cubic Corporation Recent Developments
7.2 Thales Group
7.2.1 Thales Group Profile
7.2.2 Thales Group Main Business
7.2.3 Thales Group Automatic Fare Collection Machine Products, Services, and Solutions
7.2.4 Thales Group Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.2.5 Thales Group Recent Developments
7.3 Omron Corporation
7.3.1 Omron Corporation Profile
7.3.2 Omron Corporation Main Business
7.3.3 Omron Corporation Automatic Fare Collection Machine Products, Services, and Solutions
7.3.4 Omron Corporation Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.3.5 Omron Corporation Recent Developments
7.4 The Nippon Signal
7.4.1 The Nippon Signal Profile
7.4.2 The Nippon Signal Main Business
7.4.3 The Nippon Signal Automatic Fare Collection Machine Products, Services, and Solutions
7.4.4 The Nippon Signal Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.4.5 The Nippon Signal Recent Developments
7.5 Scheidt & Bachmann
7.5.1 Scheidt & Bachmann Profile
7.5.2 Scheidt & Bachmann Main Business
7.5.3 Scheidt & Bachmann Automatic Fare Collection Machine Products, Services, and Solutions
7.5.4 Scheidt & Bachmann Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.5.5 Scheidt & Bachmann Recent Developments
7.6 GMV
7.6.1 GMV Profile
7.6.2 GMV Main Business
7.6.3 GMV Automatic Fare Collection Machine Products, Services, and Solutions
7.6.4 GMV Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.6.5 GMV Recent Developments
7.7 Indra Company
7.7.1 Indra Company Profile
7.7.2 Indra Company Main Business
7.7.3 Indra Company Automatic Fare Collection Machine Products, Services, and Solutions
7.7.4 Indra Company Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.7.5 Indra Company Recent Developments
7.8 Gunnebo
7.8.1 Gunnebo Profile
7.8.2 Gunnebo Main Business
7.8.3 Gunnebo Automatic Fare Collection Machine Products, Services, and Solutions
7.8.4 Gunnebo Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.8.5 Gunnebo Recent Developments
7.9 LECIP Group
7.9.1 LECIP Group Profile
7.9.2 LECIP Group Main Business
7.9.3 LECIP Group Automatic Fare Collection Machine Products, Services, and Solutions
7.9.4 LECIP Group Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.9.5 LECIP Group Recent Developments
7.10 UniTTEC
7.10.1 UniTTEC Profile
7.10.2 UniTTEC Main Business
7.10.3 UniTTEC Automatic Fare Collection Machine Products, Services, and Solutions
7.10.4 UniTTEC Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.10.5 UniTTEC Recent Developments
7.11 Huaming
7.11.1 Huaming Profile
7.11.2 Huaming Main Business
7.11.3 Huaming Automatic Fare Collection Machine Products, Services, and Solutions
7.11.4 Huaming Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.11.5 Huaming Recent Developments
7.12 INIT
7.12.1 INIT Profile
7.12.2 INIT Main Business
7.12.3 INIT Automatic Fare Collection Machine Products, Services, and Solutions
7.12.4 INIT Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.12.5 INIT Recent Developments
7.13 Huahong Jitong
7.13.1 Huahong Jitong Profile
7.13.2 Huahong Jitong Main Business
7.13.3 Huahong Jitong Automatic Fare Collection Machine Products, Services, and Solutions
7.13.4 Huahong Jitong Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.13.5 Huahong Jitong Recent Developments
7.14 Genfare
7.14.1 Genfare Profile
7.14.2 Genfare Main Business
7.14.3 Genfare Automatic Fare Collection Machine Products, Services, and Solutions
7.14.4 Genfare Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.14.5 Genfare Recent Developments
7.15 Bonin Fortune Access Equipment
7.15.1 Bonin Fortune Access Equipment Profile
7.15.2 Bonin Fortune Access Equipment Main Business
7.15.3 Bonin Fortune Access Equipment Automatic Fare Collection Machine Products, Services, and Solutions
7.15.4 Bonin Fortune Access Equipment Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.15.5 Bonin Fortune Access Equipment Recent Developments
7.16 Haiputian Intelligent Technology
7.16.1 Haiputian Intelligent Technology Profile
7.16.2 Haiputian Intelligent Technology Main Business
7.16.3 Haiputian Intelligent Technology Automatic Fare Collection Machine Products, Services, and Solutions
7.16.4 Haiputian Intelligent Technology Automatic Fare Collection Machine Revenue (US$ Million), 2021–2026
7.16.5 Haiputian Intelligent Technology Recent Developments
8 Industry Chain Analysis
8.1 Automatic Fare Collection Machine Value Chain
8.2 Automatic Fare Collection Machine Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 Automatic Fare Collection Machine Sales Model
8.5.2 Sales Channels
8.5.3 Automatic Fare Collection Machine Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 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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