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GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET FORECAST 2023-2030

SCOPE OF THE REPORT

Germany Automated Fare Collection System Market by Component (Hardware, Software, Services) Market by Technology (Smartcards, Optical Character Recognition, Near-field Communication, Other Technologies) Market by Application (Transport & Logistics, Parking, Media & Entertainment, Other Applications)


MARKET OVERVIEW

The Germany automated fare collection system market is expected to grow with a CAGR of 11.28% during the estimated period, capturing a revenue share of $941.24 million by 2030. The base year considered for the market study is 2022, and the forecast years are from 2023 to 2030.

The market growth of the country is fuelled by key drivers, such as the rising adoption of mobile devices for ticketing solutions, as well as the increasing investments in cutting-edge technologies and infrastructure for the development of fully automated fare collection systems.

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Despite customers selecting a flat pricing scheme, the majority of automated fare collection systems make check-in and check-out procedures mandatory in Germany. Moreover, contrasting to this development, most automated fare collection solutions have also replaced paper-based tickets with smartcards without the introduction of a CICO process. Since their first implementation in the year 1997, smart contactless cards have become the standardized fare media in Germany’s automated fare collection systems. For example, MaskTech extended as well as qualified its Common Criteria certified secure operating system, MTCOS Professional, for the public transport and eTicketing system domain in Germany. Based on the Verein Deutscher Verkehrsbetriebe – Kernapplikation (VDV-KA) standard, it is maintained and systematized by Verband Deutscher Verkehrsunternehmen, Germany’s transport association, and utilized by leading public transport companies.

Furthermore, VDV-KA also defines data structures as well as interfaces for eTicketing solutions and fare management, implemented on a Common Criteria-certified public key-based smartcard controller. Additionally, it warrants interoperability across Germany’s terminal installations and backend systems, thereby providing the market growth of the country with lucrative opportunities. Hence, these factors are projected to propel the automated fare collection system market in Germany during the forecast years.

The Germany automated fare collection system market is segmented into component, technology, and application. The application segment includes transport & logistics, parking, media & entertainment, and other applications. Users can purchase as well as authenticate tickets using smart devices with mobile ticketing. In this regard, a QR code generated by specially-designed mobile applications is scanned by validators in order to establish a user’s eligibility in terms of attending an event. These programs are mainly provided by hotel facilities, media firms, event organizers, and others and can be downloaded by users for free. 

In addition, the last decade has witnessed numerous advancements within the transit sector. Aligning with this, improved validation and payment methods can be implemented on public transportation automobiles, especially given the swift development of contactless technologies. Likewise, EMV payments, including MasterCard, Europay, and Visa, are also gaining significant traction. However, owing to security concerns associated with EMV payments, experts are establishing efforts to make the technology safer and easier to use. 

Leading corporations operating in the Germany automated fare collection system market are Atos SE, Dormakaba Group, Cubic Transportation Systems Inc, etc.

Atos SE, headquartered in France, provides digital solutions such as advanced computing, cloud solutions, analytics, artificial intelligence & automation, customer experience, digital workplace, cybersecurity, digital consulting, edge & internet of things, modern applications & platforms, and infrastructure & foundation services. 

The company also operates in various industries, like healthcare & life sciences, financial services & insurance, resources & services, manufacturing, telecommunications & media, and public sector & defense. Furthermore, the company’s fare collection & ticketing integration mainly offers solutions for rail transport.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2030
Base Year2022
Market Historical Years2018-2021
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Component, Technology, Application
Countries AnalyzedGermany
Companies AnalyzedAtos SE, Dormakaba Group, Scheidt & Bachmann GmbH, Cubic Transportation Systems Inc, NXP Semiconductors NV, Thales Group

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
      1. CONTACTLESS OPEN PAYMENT
      2. EFFICIENT TRANSACTION PROCESS
      3. CUSTOMIZED TRAVEL FARE OPTIONS
      4. LOW MANPOWER COST
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. SURGING NUMBER OF SMARTPHONES AND INTERNET SERVICES
      2. LESSER PROBABILITY OF FRAUD AND COUNTERFEITING
      3. ADVANCEMENTS IN TRANSPORTATION INFRASTRUCTURE
      4. ADVANTAGES OF CONTACTLESS PAYMENT SYSTEM
    2. KEY RESTRAINTS
      1. PROJECT FUNDING CHALLENGES AND HIGH INITIAL INVESTMENTS
  4. KEY ANALYTICS
    1. KEY TECHNOLOGY TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
      1. RESEARCH AND DEVELOPMENT (R&D)
      2. RAW MATERIAL & SOFTWARE SOLUTION SUPPLIERS
      3. ASSEMBLY UNIT
      4. DISTRIBUTION
  5. MARKET BY COMPONENT
    1. HARDWARE
    2. SOFTWARE
    3. SERVICES
  6. MARKET BY TECHNOLOGY
    1. SMARTCARDS
    2. OPTICAL CHARACTER RECOGNITION (OCR)
    3. NEAR-FIELD COMMUNICATION (NFC)
    4. OTHER TECHNOLOGIES
  7. MARKET BY APPLICATION
    1. TRANSPORT & LOGISTICS
    2. PARKING
    3. MEDIA & ENTERTAINMENT
    4. OTHER APPLICATIONS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. ATOS SE
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES
      2. CUBIC TRANSPORTATION SYSTEMS INC
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES
      3. DORMAKABA GROUP
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES
      4. NXP SEMICONDUCTORS NV
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES
      5. SCHEIDT & BACHMANN GMBH
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES
      6. THALES GROUP
        1. COMPANY OVERVIEW
        2. FINANCIAL ANALYSIS
        3. PRODUCTS / SERVICES LIST
        4. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – AUTOMATED FARE COLLECTION SYSTEM

TABLE 2: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 3: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COMPONENT, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 4: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 5: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TECHNOLOGY, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 6: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 7: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 8: LIST OF ACQUISITIONS

TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

LIST OF FIGURES 

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING

FIGURE 4: MARKET MATURITY ANALYSIS

FIGURE 5: MARKET CONCENTRATION ANALYSIS

FIGURE 6: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2022

FIGURE 7: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)

FIGURE 8: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)

FIGURE 9: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SERVICES, 2023-2030 (IN $ MILLION)

FIGURE 10: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2022

FIGURE 11: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SMARTCARDS, 2023-2030 (IN $ MILLION)

FIGURE 12: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OPTICAL CHARACTER RECOGNITION (OCR), 2023-2030 (IN $ MILLION)

FIGURE 13: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY NEAR-FIELD COMMUNICATION (NFC), 2023-2030 (IN $ MILLION)

FIGURE 14: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OTHER TECHNOLOGIES, 2023-2030 (IN $ MILLION)

FIGURE 15: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 16: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TRANSPORT & LOGISTICS, 2023-2030 (IN $ MILLION)

FIGURE 17: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY PARKING, 2023-2030 (IN $ MILLION)

FIGURE 18: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY MEDIA & ENTERTAINMENT, 2023-2030 (IN $ MILLION)

FIGURE 19: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 20: ATOS SE– REVENUE 2017 -2021 (IN $ MILLION)

FIGURE 21: ATOS SE – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 22: ATOS SE – REVENUE BY SEGMENT IN 2021 (IN %)

FIGURE 23: CUBIC TRANSPORTATION – REVENUE 2017 -2021 (IN $ MILLION)

FIGURE 24: CUBIC TRANSPORTATION – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 25: CUBIC TRANSPORTATION – REVENUE BY SEGMENT IN 2021 (IN %)

FIGURE 26: DORMAKABA GROUP – REVENUE 2017 -2021 (IN $ MILLION)

FIGURE 27: DORMAKABA GROUP – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 28: DORMAKABA GROUP – REVENUE BY SEGMENT IN 2021 (IN %)

FIGURE 29: NXP SEMICONDUCTORS NV – REVENUE 2017 -2021 (IN $ MILLION)

FIGURE 30: NXP SEMICONDUCTORS NV – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 31: NXP SEMICONDUCTORS NV – REVENUE BY SEGMENT IN 2021 (IN %)

FIGURE 32: SCHEIDT & BACHMANN GMBH – REVENUE 2017 -2021 (IN $ MILLION)

FIGURE 33: SCHEIDT & BACHMANN GMBH – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 34: SCHEIDT & BACHMANN GMBH – REVENUE BY SEGMENT IN 2021 (IN %)

FIGURE 35: THALES GROUP – REVENUE 2017 – 2021 (IN $ MILLION)

FIGURE 36: THALES GROUP – NET PROFIT 2017 – 2021 (IN $ MILLION)

FIGURE 37: THALES GROUP – REVENUE BY SEGMENT IN 2021 (IN %)

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