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Japan Automated Fare Collection System Market (2023-2028) by Service Type, Component, Technology, Application, and Industry, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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    Report

  • 176 Pages
  • January 2023
  • Region: Japan
  • Infogence Global Research
  • ID: 5566703
Japan’s Automated Fare Collection System Market is estimated to be USD 464.78 Mn in 2023 and is expected to reach USD 815.82 Mn by 2028, growing at a CAGR of 11.91%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

Market Segmentations

Japan’s Automated Fare Collection System Market is segmented based on Service Type, Component, Technology, Application, and Industry.
  • By Service Type, the market is classified into Consultation, System Implantation, Training & Maintenance, and Managed Services.
  • By Component, the market is classified into Hardware and Software.
  • By Technology, the market is classified into Smart Card, Optical Character Recognition (OCR), Near Field Communication (NFC), and Others.
  • By Application, the market is classified into Parking, Transportation, Theme Parks, and Other.
  • By Industry, the market is classified into Transport & Logistics, Retail, Media & Entertainment, Government, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are LECIP Holdings Corp., LG CNS, NEC Corp., etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for Japan’s Automated Fare Collection System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

This Research analyses Japan’s Automated Fare Collection System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, This Research has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of Japan’s Automated Fare Collection System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Adoption of Smartphones and Online Payments
4.1.2 Enhanced Transport Infrastructure and Security System
4.1.3 Government Initiatives in Development of Smart Urban Mobility
4.2 Restraints
4.2.1 High Installation and Maintenance Cost
4.3 Opportunities
4.3.1 Increase in Adoption of High-Speed Of Public Transport
4.3.2 Increasing in Advanced Payment Technologies
4.4 Challenges
4.4.1 Security Concern
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Japan’s Automated Fare Collection System Market, By Service Type
6.1 Introduction
6.2 Consultation
6.3 System Implantation
6.4 Training & Maintenance
6.5 Managed Services
7 Japan’s Automated Fare Collection System Market, By Component
7.1 Introduction
7.2 Hardware
7.3 Software
8 Japan’s Automated Fare Collection System Market, By Technology
8.1 Introduction
8.2 Smart Card
8.3 Optical Character Recognition (OCR)
8.4 Near Field Communication (NFC)
8.5 Others (Magnetic Strip And Bar Coding)
9 Japan’s Automated Fare Collection System Market, By Application
9.1 Introduction
9.2 Parking
9.3 Transportation
9.4 Theme Parks
9.5 Other
10 Japan’s Automated Fare Collection System Market, By Industry
10.1 Introduction
10.2 Transport & Logistics
10.3 Retail
10.4 Media & Entertainment
10.5 Government
10.6 Others
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 LECIP Holdings Corp.
12.2 LG CNS
12.3 NEC Corp.
12.4 NXP Semiconductors
12.5 Omron Corp.
12.6 Thales Group
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • LECIP Holdings Corp.
  • LG CNS
  • NEC Corp.
  • NXP Semiconductors
  • Omron Corp.
  • Thales Group