Global Electronic Ticket Machine (ETM) Market by Type (Fixed, Mobile), By Application (Railways, Buses, Parking Area, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global electronic ticket machine (ETM) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the ETM market can be attributed to factors such as the increasing adoption of ETMs by various transportation modes and rising demand for paperless tickets. Based on type, the global ETM market is segmented into fixed and mobile ETMs. The fixed ETM segment is expected to hold a larger share of the global market than the mobile ETM segment during the forecast period. This can be attributed to factors such as low installation and maintenance costs associated with fixed ETMs, compared with mobile ones. Based on application, railways held a major share of the global electronic ticket machine (ETM) market in 2017 owing to increased adoption of these machines for issuing tickets by railway operators across different countries worldwide.



Get Free Sample Report

Product Definition:

An Electronic Ticket Machine (ETM) is a device that prints out a paper ticket from a digital or electronic form of transit fare. ETMs are used in place of traditional fareboxes on buses and trams, as well as in train station vending machines, to dispense tickets for travel.

Fixed:

Fixed is a software system designed for managing the operations of an electronic ticket machine (ETM). It is used to control and monitor the sales channel, which includes cash dispensers, turnstiles or gates, and vending machines. The fixed software can be used in various types of ETM including contactless card payment systems such as Oyster card or e-Toll road pricing systems.

The global Fixed market size was valued at USD 1.6 billion in 2016.

Mobile:

The global mobile and it's usage in the ETM market size was valued at USD 11.5 billion in 2015. The increasing penetration of smartphones, tablets & other smart devices is expected to drive the industry growth over the forecast period.

Application Insights:

The railway application segment accounted for the largest share of over 60.0% in 2017. The railways are one of the major users of electronic ticket machines, as they provide easy and convenient access to all destinations with a single transaction. Moreover, increasing rail infrastructure development across various regions coupled with growing passenger traffic is expected to drive demand over the forecast period.

Parking area application segment is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising awareness about vehicle security among consumers and government initiatives such as ¢â‚¬Å“Make in India¢â‚¬ that encourage manufacturing activities within the country borders resulting in increased production levels for parking area access systems across various cities worldwide including New York City, Amsterdam, Paris and Tokyo among others (Kumar & Kalidindi 2015).

Other applications include public transport buses, metros/subways or trains stations etc.

Regional Analysis:

North America dominated the global market in 2017. The U.S., in particular, is a major contributor to the regional growth owing to the presence of several large railway operators and an increasing number of travelers opting for online ticketing platforms over traditional ones. Europe is expected to be one of the key regions over the forecast period owing to its well-established transport infrastructure and growing popularity among tourists from other countries as compared to other modes of transportations such as air travel.

The Asia Pacific region accounted for a significant share in terms of revenue generation due largely operating losses incurred by state-owned enterprises (SOEs) such as Indian Railways Corporation Limited (IRCTC) and China Railway Group Limited (CRG). In addition, governments across various countries are continuously looking for ways & means through which they can generate more funds from tourism activities; hence, contributing significantly towards regional growth prospects over next few years.

Growth Factors:

Increasing demand for ETMs from the travel and tourism industry as a result of the growth in air travel and increasing number of tourists.
The growing popularity of ETMs among event organizers and venues due to their advantages such as convenience, speed, security, and efficiency over traditional methods such as paper tickets.
The increasing use of ETMs by transportation providers for issuing tickets for buses, trains, ferries, etc., which is contributing to the overall growth of the market.
The rising demand for ETMs from educational institutions for issuing student ID cards and other related purposes is also propelling market growth.


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Ticket Machine (ETM) Market Research Report
By Type
Fixed, Mobile
By Application
Railways, Buses, Parking Area, Others
By Companies
Metric Mobility Solutions, Sigma S.p.A., Scheidt & Bachmann GmbH, KIOSK Information Systems, Infineon Technologies, Vix Technology, Giesecke + Devrient, Inside Secure, CGI Group, Blue Technologies Limited(Masabi), Metric Mobility Solutions, Smart Card IT Solutions, Xminnov
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.

Global Electronic Ticket Machine (ETM) Market Report Segments:
The global Electronic Ticket Machine (ETM) market is segmented on the basis of:
Types
Fixed, Mobile
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Railways, Buses, Parking Area, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Metric Mobility Solutions
Sigma S.p.A.
Scheidt & Bachmann GmbH
KIOSK Information Systems
Infineon Technologies
Vix Technology
Giesecke + Devrient
Inside Secure
CGI Group
Blue Technologies Limited(Masabi)
Metric Mobility Solutions
Smart Card IT Solutions
Xminnov



Get Free Sample Report

Highlights of The Electronic Ticket Machine (ETM) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Fixed
Mobile
By Application:
Railways
Buses
Parking Area
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electronic Ticket Machine (ETM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

Frequently Asked Questions?