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Global Digital Fare Meters Market by Type (Meters With Printers, Meters With Without Printers), By Application (Auto Rickshaw, Taxi) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-47
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 51
  • No. Of Pages: 207
  • Format:
  • Pub. Date: 2021-03-01
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The Global Digital Fare Meters Market size is projected to grow at a CAGR of 9.2% from 2021-2028. The growth in the market is attributed to the increased adoption of digital fare meters across various industries such as auto rickshaw and taxi service providers due to their ease of use and accuracy, which has led to increased demand for this type of meter.


Digital Fare Meters are devices that display the fare of a vehicle with an integrated printer to print receipts for both passengers and drivers. They are used in the Taxi Services, Auto Rickshaw industry.

 

On basis of Type, the market is segmented into Meters With Printers, and Meter Without Printers.

 

Meters With Printers:

This type of meter captures data from the transaction in a printed receipt that can be checked by passengers for authenticity while traveling on public transport or taxis.

 

Meter Without Printers:

This meter does not have printers installed and generates reports internally which allows officials to monitor a number of transactions without relying on receipts. These types are usually used in small-to-medium-sized taxi fleets because these fares are typically charged via a monthly ticket scheme rather than per mile or minute traveled, so there is less need to provide customers with individual receipts.

 

On basis of Application, the market is segmented into Auto Rickshaw, Taxi Services. The market has witnessed a significant shift in application towards Auto Rickshaw as a result of its increasing usage in India due to government incentives such as subsidies on purchase for electric auto-rickshaws and free travel for women drivers with low fuel costs among others. There has been an increase in awareness about hybrid vehicles which are derived from both gasoline-powered engines as well as electrical power generation systems that started rolling out across various cities.

 

On basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of market share in 2019 among the regions covered by this report, North America is forecast to hold a significant chunk that is followed by Europe and APAC respectively.


There will be an increase in demand for digital fare meters from emerging markets such as India due to its low cost with more advanced features like GPS tracking and internet connectivity which can help generate revenue-based fares with minimal legal disputes whereas there has been a decline in demand from traditional markets mainly owing to lack of awareness about digitization coupled with a high level of illiteracy as well as an inability to understand English language which often leads customers into facing problems while using pay machines or ATM kiosk.


Up Market Research published a new report titled “Digital Fare Meters Market research report which is segmented by Types (Meters With Printers, Meters With Without Printers), By Applications (Auto Rickshaw, Taxi), By Players/Companies Sansui Electronics, Pulsar Technologies, Precision Electronic Instruments, Pricol, Super Meter, MIJO AUTO Meter, Superb Meter, Automotive Techno, National Meter, Maruti Meter, Unique Digital Meters, Srisenthilnathan Meter Works, Ar.Micro Equipment”. 

 

Report Scope

Report Attributes Report Details
Report Title Digital Fare Meters Market Research Report
By Type Meters With Printers, Meters With Without Printers
By Application Auto Rickshaw, Taxi
By Companies Sansui Electronics, Pulsar Technologies, Precision Electronic Instruments, Pricol, Super Meter, MIJO AUTO Meter, Superb Meter, Automotive Techno, National Meter, Maruti Meter, Unique Digital Meters, Srisenthilnathan Meter Works, Ar.Micro Equipment
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 207
Number of Tables & Figures 145
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Digital Fare Meters Industry Outlook
 

Global Digital Fare Meters Market Report Segments:

The market is segmented by Type Meters With Printers, Meters With Without Printers and By Application Auto Rickshaw, Taxi.

 

Some of the companies that are profiled in this report are:

  1. Sansui Electronics
  2. Pulsar Technologies
  3. Precision Electronic Instruments
  4. Pricol
  5. Super Meter
  6. MIJO AUTO Meter
  7. Superb Meter
  8. Automotive Techno
  9. National Meter
  10. Maruti Meter
  11. Unique Digital Meters
  12. Srisenthilnathan Meter Works
  13. Ar.Micro Equipment
 

Digital Fare Meters Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Digital Fare Meters Market
 

Overview of the regional outlook of the Digital Fare Meters Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Digital Fare Meters Market Overview
 

Highlights of The Digital Fare Meters Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Digital Fare Meters Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Meters With Printers

                2. Meters With Without Printers

       7. By Application:

                1. Auto Rickshaw

                2. Taxi

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Digital Fare Meters 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 2028.

 

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

Digital Fare Meters Market Statistics
 

Reasons to Purchase the Digital Fare Meters Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Fare Meters Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Digital Fare Meters Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Digital Fare Meters Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Digital Fare Meters Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Digital Fare Meters Market Size & Forecast, 2018-2028 
      4.5.1 Digital Fare Meters Market Size and Y-o-Y Growth 
      4.5.2 Digital Fare Meters Market Absolute $ Opportunity 


Chapter 5 Global Digital Fare Meters Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Digital Fare Meters Market Size Forecast by Type
      5.2.1 Meters With Printers
      5.2.2 Meters With Without Printers
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Digital Fare Meters Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Digital Fare Meters Market Size Forecast by Applications
      6.2.1 Auto Rickshaw
      6.2.2 Taxi
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Digital Fare Meters Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Digital Fare Meters Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Digital Fare Meters Analysis and Forecast
   9.1 Introduction
   9.2 North America Digital Fare Meters Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Digital Fare Meters Market Size Forecast by Type
      9.6.1 Meters With Printers
      9.6.2 Meters With Without Printers
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Digital Fare Meters Market Size Forecast by Applications
      9.10.1 Auto Rickshaw
      9.10.2 Taxi
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Digital Fare Meters Analysis and Forecast
   10.1 Introduction
   10.2 Europe Digital Fare Meters Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Digital Fare Meters Market Size Forecast by Type
      10.6.1 Meters With Printers
      10.6.2 Meters With Without Printers
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Digital Fare Meters Market Size Forecast by Applications
      10.10.1 Auto Rickshaw
      10.10.2 Taxi
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Digital Fare Meters Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Digital Fare Meters Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Digital Fare Meters Market Size Forecast by Type
      11.6.1 Meters With Printers
      11.6.2 Meters With Without Printers
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Digital Fare Meters Market Size Forecast by Applications
      11.10.1 Auto Rickshaw
      11.10.2 Taxi
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Digital Fare Meters Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Digital Fare Meters Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Digital Fare Meters Market Size Forecast by Type
      12.6.1 Meters With Printers
      12.6.2 Meters With Without Printers
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Digital Fare Meters Market Size Forecast by Applications
      12.10.1 Auto Rickshaw
      12.10.2 Taxi
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Digital Fare Meters Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Digital Fare Meters Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Digital Fare Meters Market Size Forecast by Type
      13.6.1 Meters With Printers
      13.6.2 Meters With Without Printers
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Digital Fare Meters Market Size Forecast by Applications
      13.10.1 Auto Rickshaw
      13.10.2 Taxi
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Digital Fare Meters Market: Competitive Dashboard
   14.2 Global Digital Fare Meters Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Sansui Electronics
      14.3.2 Pulsar Technologies
      14.3.3 Precision Electronic Instruments
      14.3.4 Pricol
      14.3.5 Super Meter
      14.3.6 MIJO AUTO Meter
      14.3.7 Superb Meter
      14.3.8 Automotive Techno
      14.3.9 National Meter
      14.3.10 Maruti Meter
      14.3.11 Unique Digital Meters
      14.3.12 Srisenthilnathan Meter Works
      14.3.13 Ar.Micro Equipment
Segments Covered in the Report
The global Digital Fare Meters market has been segmented based on

By Types
  • Meters With Printers
  • Meters With Without Printers
By Applications
  • Auto Rickshaw
  • Taxi
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Sansui Electronics
  • Pulsar Technologies
  • Precision Electronic Instruments
  • Pricol
  • Super Meter
  • MIJO AUTO Meter
  • Superb Meter
  • Automotive Techno
  • National Meter
  • Maruti Meter
  • Unique Digital Meters
  • Srisenthilnathan Meter Works
  • Ar.Micro Equipment

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