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)

Latin

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 2023USD 400.8 million
Market revenue in 2030USD 771.6 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentDisplay systems
Fastest growing segmentDisplay Systems
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDisplay Systems
Key market players worldwideClever 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
Display Systems
Announcements
Infotainment Systems
Mobile Applications
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

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Latin America automated passenger counting system market

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