Albany, NY (PRWEB) March 18, 2014
Automatic fare collection (AFC) system is widely used in urban rails and high-speed railways.
By the end of 2013, 19 Chinese cities had put 87 urban rail lines into operation with the operating mileage of 2,539 km, of which 56 lines, 1,788 km (70.42%) and 1,017 operating stations were contributed by top six cities - Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing and Tianjin. In 2014, it is expected that 13 Chinese cities will launch new rail lines, with 403.5 km and 270 stations to be added.
China had opened 37 high-speed railways with the total operating mileage of 11,152 km as of the end of 2013. In 2014-2015, China will fulfill the construction of 12 new high-speed railways with the operating mileage of 8,887 km. The booming high-speed railways will boost the railway passenger transportation capacity and offer market opportunities for AFC system.
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Chinese AFC system vendors include: GRG Banking Equipment, Potevio, Shanghai Huahong Jitong Smart System, Shandong New Beiyang Information Technology, China National Software & Service, Founder International, Shanghai Huateng Software Systems and Gaoxin Modern Intelligent System.
The AFC equipment and core modules produced by the Chinese AFC giant GRG Banking Equipment have been applied to more than thirty urban rail transportation and high-speed passenger railway lines in China. In H1 2013, GRG Banking Equipment won the bid for the Project of Banknote Change, Ticket & Card Sale and Recovery Modules in Ningbo and signed a contract about Changsha Metro Line 2 Project; meanwhile, its AFC revenue grew 98.47% year on year to RMB47.20 million.
Huahong Jitong is the only system provider focusing on AFC system in China. Since 2013, the slowdown of some municipal construction projects as well as long construction period have impacted the revenue of the company. From January to September 2013, Huahong Jitong achieved the revenue of RMB148.9 million, down 22.97% year on year; its net income dropped by 22.25% year on year to RMB16.7 million. From 2009 onward, Huahong Jitong has extended its market outside Shanghai, and won the rail transportation projects in Suzhou, Xi'an, Kunming and Harbin through tenders. In H1 2013, the revenue in the regions outside Shanghai accounted for 69.58% of the company’s total revenue.
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Table of Content
1. Overview of AFC System Industry
1.1 Definition and Equipment Composition
1.2 Hierarchical Structure
1.3 Development Course
1.4 Policy Environment
2. Urban Rail Transit AFC System Market in China
2.1 Overview of Urban Rail Transit Construction
2.2 AFC System Application in Urban Rail Transit
2.3 AFC System Application in Cities with In-Service Rail Transit
2.4 Cities with Rail Transit under Construction/Planning
3. High-speed Railway AFC System Market in China
3.1 Construction of High-speed Railway
3.2 Development Plan of High-speed Railway
3.3 AFC System Application in High-speed Railway
4. Chinese AFC System Equipment Providers
4.1 GRG Banking Equipment Co., Ltd.
4.1.2 Development Course
4.1.4 Revenue Structure
4.1.5 AFC System Business
4.1.6 Gross Margin
4.1.7 Major Clients
4.1.8 Performance Forecast
4.2 Shanghai Potevio Co., Ltd.
4.2.3 Revenue Structure
4.2.4 AFC System Business
4.2.5 Gross Margin
4.2.6 Major Clients
4.2.7 R & D Costs
4.2.8 Transformation to Energy Management
4.2.9 Performance Forecast
4.3 Shanghai Huahongjt Smart System Co., Ltd.
4.3.3 Revenue Structure
4.3.4 AFC System Business
4.3.5 Gross Margin
4.3.6 Major Clients
4.3.7 R & D Costs and Projects
4.3.8 Performance Forecast
4.4 Shandong New Beiyang Information Technology Co., Ltd.
4.4.3 AFC System Business
4.5 China National Software & Service Company Limited
4.5.3 Major Clients
4.5.4 AFC System Business
4.6 Founder International Co., Ltd.
4.6.2 AFC System Business
4.7 Shanghai Huateng Software Systems Co., Ltd.
4.7.3 AFC System Business
4.8 China Academy of Railway Sciences
4.8.2 Related Research
4.9 Gaoxin Modern Intelligent System Co., Ltd.
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5. Foreign AFC System Equipment Providers
5.1 ST Electronics
5.1.3 AFC System Business
5.1.4 Development in China
5.1.5 Events in China
5.2 Samsung SDS
5.2.3 Samsung SDSC
5.2.4 AFC System Business in China
5.3.3 AFC System Business
5.3.4 Thales Panda Transportation System Co., Ltd.
5.4 Nippon Signal
5.4.3 Development in China
5.5.3 AFC System Business
5.5.4 Development in China
5.6.3 AFC System Business
5.6.4 Development in China
6. China AFC System Market Overview
6.1 Market Scale
6.2 Competition Pattern
6.2.1 Foreign Enterprises’ Layout in China
6.2.2 Competition among Domestic EnterprisesPreface
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