|By Business Wire||
|August 28, 2013 06:13 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/925cmb/analysis_and) has announced the addition of the "Analysis and Forecast of China AFC (Automatic Fare Collection System) Industry, 2013-2017" report to their offering.
Compared with the products produced by the original international AFC manufacturers, Chinese AFC products still have certain gap in terms of system stability and reliance. With the rapid development of the rail transit construction, the demand volume for AFC is larger and larger; as the investment cost of importing equipment is large and with the issuance of State Council's requirement that 60% of the rail transit equipment should be localized, the domestic AFC companies will account for more market shares with promising prospects.
During the 12th-Five-Year period, about 18,700 km of high-speed rail will be increased in China, which will need about 15,000 sets of ticket vending machines (TVMs) accounting by using 80 sets of TVMs per 100 km. In terms of the urban rail transit construction planning approved by the State Council, the total mileage of new increased domestic urban rail will exceed 2,500 km during the 12th-Five-Year period, which will need more than 20,000 sets of TVMs accounting by using 16 sets of TVMs per station and setting up one station per 2 km.
With the acceleration of subway and high-speed rail investment and construction in China, China's AFC equipment market also ushers in a new round of rapid growth during 2011 to 2020. By 2015, the operating mileage of China's rail transit will reach more than 3,000 km and will reach 6,000 km by 2020, which will need the investment amount of about CNY 3 trillion to CNY 4 trillion. In 2013, the market scale of AFC will reach CNY 4.2 billion and it will achieve CNY 6 billion by 2017, among which, the urban rail transit AFC application will be CNY 3.5 billion and the high-speed rail field will be CNY 2.5 billion. The market prospect is broad.
Key Topics Covered
1. Overview of AFC Industry
2. Development Environment of China's AFC Industry
3. China's AFC Equipment Development
3.1 Development Status Quo of China's Rail Transit
3.2 Favorable Environment of China's AFC Industry
3.3 Access Barriers of Investment in AFC Industry
3.4 Existing Problems
4. China's AFC Equipment Market
4.1 Supply and Demand
4.2 Enterprise Competition
4.3 Affecting Factors
5. AFC Market in China's Urban Rail Transit
5.1 Construction of Urban Rail Transit
5.2 Passenger Flow in Major Cities
5.3 China's Urban Subway Development Planning
6. AFC Market in China's Intercity High-Speed Rail
6.1 Construction Overview
6.2 Construction Development
7. Research Status Quo and Development Trends of AFC at Home and Abroad
7.1 Core Technical Development of AFC
7.2 Research Status Quo of AFC Technology at Home and Abroad
8. China's Suppliers of AFC Equipment
9. Development Trends and Suggestions on China's AFC Industry
- GRG Banking
- Modern Computer Manufacturer
- Shanghai Huahong Jitong Smart System
- Shanghai Potevio
- Thales Panda Transportation System
For more information visit http://www.researchandmarkets.com/research/925cmb/analysis_and
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.