Latin America Automated Passenger Counting System Market Size & Outlook
The automated passenger counting system market in Latin America is expected to reach a projected revenue of US$ 771.6 million by 2030. A compound annual growth rate of 9.8% is expected of Latin America automated passenger counting system market from 2024 to 2030.
Revenue, 2023 (US$M)
$400.8
Forecast, 2030 (US$M)
$771.6
CAGR, 2024 - 2030
9.8%
Report Coverage
Latin America
Latin America automated passenger counting system market, 2018-2030 (US$M)
Related Markets
Latin America automated passenger counting system market highlights
- The Latin America automated passenger counting system market generated a revenue of USD 400.8 million in 2023.
- The market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, display systems was the largest revenue generating type in 2023.
- Display Systems is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 400.8 million |
| Market revenue in 2030 | USD 771.6 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Display systems |
| Fastest growing segment | Display Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Display Systems |
| Key market players worldwide | Clever Devices, DILAX Intelcom, Eurotech Ltd, HELLA Aglaia Mobile Vision, Hitachi Ltd, innovation in traffic systems SE, r2p GmbH, Siemens AG, Trapeze Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global automated passenger counting system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,208.6 million by 2030.
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Automated Passenger Counting System Market Scope
Automated passenger counting system market segmentation & scope
Technology
Infrared
Stereoscopic Vision
Time-of-Flight
IP Cameras
Application
Railways
Roadways
Airways
Others
Countries
U.S.
Canada
Mexico
France
Germany
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Automated Passenger Counting System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America automated passenger counting system market
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Related regional statistics
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