Digital Fare Meters Market, Global Outlook and Forecast 2023-2029

Report ID: MMG245882 | Category: Electronics & Semiconductor | Pages: 72 | Format: PDF | Published Date: October 26,2023

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Report Summary

Digital fare meters are electronic devices which are installed in taxicabs and auto rickshaws, which is used to calculate fare on the basis of distance travelled and waiting time. The digital fare meters have ticket receipt printers embedded in them, GPS systems to assist with the location and safety of the travelers. Credit and prepaid card support, Bluetooth support for communication with smartphones and tablets and other electronic devices, USB support. GPS technology has been used in digital taxi meters in order to protect the citizens from overpaying. Initially the digital taxi meters were based on optical transducer but due to the difference in the timer in the measurement controller and the module the reading were inaccurate, and the taxi owners chose longer roots to fake the digital fare meter readings. With the digital meter the customers can get benefits of a printed copy and SMS notifications. The digital fare meter has three basic functions which are “for hire”, “Hired” and “stopped”. The digital fare meters have built-in real time clock for automatic transitions from day fare to night fare, as the fare prices change from day fare to night fare.
This report aims to provide a comprehensive presentation of the global market for Digital Fare Meters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Fare Meters. This report contains market size and forecasts of Digital Fare Meters in global, including the following market information:
Global Digital Fare Meters Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Digital Fare Meters Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Digital Fare Meters companies in 2022 (%)
The global Digital Fare Meters market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global digital fare meter is driven by factors such as accurate reading, easy to install, temper proof, weather proof, high durability and easy compatibility. As the digital fare meters are low in maintenance they are widely preferred by end users. The demand for global digital fare meters is expected to increase due rules and regulations set by government’s regulatory bodies. The restrain for the global digital fare meter would be the cab services offered by new market players which use online technology to calculate the fare such as android based fare meter.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Fare Meters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Fare Meters Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Fare Meters Market Segment Percentages, by Type, 2022 (%)
    Meters With Printers
    Meters With Without Printers
Global Digital Fare Meters Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Fare Meters Market Segment Percentages, by Application, 2022 (%)
    Auto Rickshaw
    Taxi
Global Digital Fare Meters Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Digital Fare Meters Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Fare Meters revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Digital Fare Meters revenues share in global market, 2022 (%)
Key companies Digital Fare Meters sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Digital Fare Meters sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Digital Fare Meters, market overview.
Chapter 2: Global Digital Fare Meters market size in revenue and volume.
Chapter 3: Detailed analysis of Digital Fare Meters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Digital Fare Meters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Digital Fare Meters capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Digital Fare Meters Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Digital Fare Meters Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Digital Fare Meters Overall Market Size
    2.1 Global Digital Fare Meters Market Size: 2022 VS 2029
    2.2 Global Digital Fare Meters Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Digital Fare Meters Sales: 2018-2029
3 Company Landscape
    3.1 Top Digital Fare Meters Players in Global Market
    3.2 Top Global Digital Fare Meters Companies Ranked by Revenue
    3.3 Global Digital Fare Meters Revenue by Companies
    3.4 Global Digital Fare Meters Sales by Companies
    3.5 Global Digital Fare Meters Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Digital Fare Meters Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Digital Fare Meters Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Digital Fare Meters Players in Global Market
        3.8.1 List of Global Tier 1 Digital Fare Meters Companies
        3.8.2 List of Global Tier 2 and Tier 3 Digital Fare Meters Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Digital Fare Meters Market Size Markets, 2022 & 2029
        4.1.2 Meters With Printers
        4.1.3 Meters With Without Printers
    4.2 By Type - Global Digital Fare Meters Revenue & Forecasts
        4.2.1 By Type - Global Digital Fare Meters Revenue, 2018-2023
        4.2.2 By Type - Global Digital Fare Meters Revenue, 2024-2029
        4.2.3 By Type - Global Digital Fare Meters Revenue Market Share, 2018-2029
    4.3 By Type - Global Digital Fare Meters Sales & Forecasts
        4.3.1 By Type - Global Digital Fare Meters Sales, 2018-2023
        4.3.2 By Type - Global Digital Fare Meters Sales, 2024-2029
        4.3.3 By Type - Global Digital Fare Meters Sales Market Share, 2018-2029
    4.4 By Type - Global Digital Fare Meters Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Digital Fare Meters Market Size, 2022 & 2029
        5.1.2 Auto Rickshaw
        5.1.3 Taxi
    5.2 By Application - Global Digital Fare Meters Revenue & Forecasts
        5.2.1 By Application - Global Digital Fare Meters Revenue, 2018-2023
        5.2.2 By Application - Global Digital Fare Meters Revenue, 2024-2029
        5.2.3 By Application - Global Digital Fare Meters Revenue Market Share, 2018-2029
    5.3 By Application - Global Digital Fare Meters Sales & Forecasts
        5.3.1 By Application - Global Digital Fare Meters Sales, 2018-2023
        5.3.2 By Application - Global Digital Fare Meters Sales, 2024-2029
        5.3.3 By Application - Global Digital Fare Meters Sales Market Share, 2018-2029
    5.4 By Application - Global Digital Fare Meters Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Digital Fare Meters Market Size, 2022 & 2029
    6.2 By Region - Global Digital Fare Meters Revenue & Forecasts
        6.2.1 By Region - Global Digital Fare Meters Revenue, 2018-2023
        6.2.2 By Region - Global Digital Fare Meters Revenue, 2024-2029
        6.2.3 By Region - Global Digital Fare Meters Revenue Market Share, 2018-2029
    6.3 By Region - Global Digital Fare Meters Sales & Forecasts
        6.3.1 By Region - Global Digital Fare Meters Sales, 2018-2023
        6.3.2 By Region - Global Digital Fare Meters Sales, 2024-2029
        6.3.3 By Region - Global Digital Fare Meters Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Digital Fare Meters Revenue, 2018-2029
        6.4.2 By Country - North America Digital Fare Meters Sales, 2018-2029
        6.4.3 US Digital Fare Meters Market Size, 2018-2029
        6.4.4 Canada Digital Fare Meters Market Size, 2018-2029
        6.4.5 Mexico Digital Fare Meters Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Digital Fare Meters Revenue, 2018-2029
        6.5.2 By Country - Europe Digital Fare Meters Sales, 2018-2029
        6.5.3 Germany Digital Fare Meters Market Size, 2018-2029
        6.5.4 France Digital Fare Meters Market Size, 2018-2029
        6.5.5 U.K. Digital Fare Meters Market Size, 2018-2029
        6.5.6 Italy Digital Fare Meters Market Size, 2018-2029
        6.5.7 Russia Digital Fare Meters Market Size, 2018-2029
        6.5.8 Nordic Countries Digital Fare Meters Market Size, 2018-2029
        6.5.9 Benelux Digital Fare Meters Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Digital Fare Meters Revenue, 2018-2029
        6.6.2 By Region - Asia Digital Fare Meters Sales, 2018-2029
        6.6.3 China Digital Fare Meters Market Size, 2018-2029
        6.6.4 Japan Digital Fare Meters Market Size, 2018-2029
        6.6.5 South Korea Digital Fare Meters Market Size, 2018-2029
        6.6.6 Southeast Asia Digital Fare Meters Market Size, 2018-2029
        6.6.7 India Digital Fare Meters Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Digital Fare Meters Revenue, 2018-2029
        6.7.2 By Country - South America Digital Fare Meters Sales, 2018-2029
        6.7.3 Brazil Digital Fare Meters Market Size, 2018-2029
        6.7.4 Argentina Digital Fare Meters Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Digital Fare Meters Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Digital Fare Meters Sales, 2018-2029
        6.8.3 Turkey Digital Fare Meters Market Size, 2018-2029
        6.8.4 Israel Digital Fare Meters Market Size, 2018-2029
        6.8.5 Saudi Arabia Digital Fare Meters Market Size, 2018-2029
        6.8.6 UAE Digital Fare Meters Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Sansui Electronics
        7.1.1 Sansui Electronics Company Summary
        7.1.2 Sansui Electronics Business Overview
        7.1.3 Sansui Electronics Digital Fare Meters Major Product Offerings
        7.1.4 Sansui Electronics Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.1.5 Sansui Electronics Key News & Latest Developments
    7.2 Pulsar Technologies
        7.2.1 Pulsar Technologies Company Summary
        7.2.2 Pulsar Technologies Business Overview
        7.2.3 Pulsar Technologies Digital Fare Meters Major Product Offerings
        7.2.4 Pulsar Technologies Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.2.5 Pulsar Technologies Key News & Latest Developments
    7.3 Precision Electronic Instruments
        7.3.1 Precision Electronic Instruments Company Summary
        7.3.2 Precision Electronic Instruments Business Overview
        7.3.3 Precision Electronic Instruments Digital Fare Meters Major Product Offerings
        7.3.4 Precision Electronic Instruments Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.3.5 Precision Electronic Instruments Key News & Latest Developments
    7.4 Pricol
        7.4.1 Pricol Company Summary
        7.4.2 Pricol Business Overview
        7.4.3 Pricol Digital Fare Meters Major Product Offerings
        7.4.4 Pricol Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.4.5 Pricol Key News & Latest Developments
    7.5 Super Meter
        7.5.1 Super Meter Company Summary
        7.5.2 Super Meter Business Overview
        7.5.3 Super Meter Digital Fare Meters Major Product Offerings
        7.5.4 Super Meter Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.5.5 Super Meter Key News & Latest Developments
    7.6 MIJO AUTO Meter
        7.6.1 MIJO AUTO Meter Company Summary
        7.6.2 MIJO AUTO Meter Business Overview
        7.6.3 MIJO AUTO Meter Digital Fare Meters Major Product Offerings
        7.6.4 MIJO AUTO Meter Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.6.5 MIJO AUTO Meter Key News & Latest Developments
    7.7 Superb Meter
        7.7.1 Superb Meter Company Summary
        7.7.2 Superb Meter Business Overview
        7.7.3 Superb Meter Digital Fare Meters Major Product Offerings
        7.7.4 Superb Meter Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.7.5 Superb Meter Key News & Latest Developments
    7.8 Automotive Techno
        7.8.1 Automotive Techno Company Summary
        7.8.2 Automotive Techno Business Overview
        7.8.3 Automotive Techno Digital Fare Meters Major Product Offerings
        7.8.4 Automotive Techno Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.8.5 Automotive Techno Key News & Latest Developments
    7.9 National Meter
        7.9.1 National Meter Company Summary
        7.9.2 National Meter Business Overview
        7.9.3 National Meter Digital Fare Meters Major Product Offerings
        7.9.4 National Meter Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.9.5 National Meter Key News & Latest Developments
    7.10 Maruti Meter
        7.10.1 Maruti Meter Company Summary
        7.10.2 Maruti Meter Business Overview
        7.10.3 Maruti Meter Digital Fare Meters Major Product Offerings
        7.10.4 Maruti Meter Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.10.5 Maruti Meter Key News & Latest Developments
    7.11 Unique Digital Meters
        7.11.1 Unique Digital Meters Company Summary
        7.11.2 Unique Digital Meters Digital Fare Meters Business Overview
        7.11.3 Unique Digital Meters Digital Fare Meters Major Product Offerings
        7.11.4 Unique Digital Meters Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.11.5 Unique Digital Meters Key News & Latest Developments
    7.12 Srisenthilnathan Meter Works
        7.12.1 Srisenthilnathan Meter Works Company Summary
        7.12.2 Srisenthilnathan Meter Works Digital Fare Meters Business Overview
        7.12.3 Srisenthilnathan Meter Works Digital Fare Meters Major Product Offerings
        7.12.4 Srisenthilnathan Meter Works Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.12.5 Srisenthilnathan Meter Works Key News & Latest Developments
    7.13 Ar.Micro Equipment
        7.13.1 Ar.Micro Equipment Company Summary
        7.13.2 Ar.Micro Equipment Digital Fare Meters Business Overview
        7.13.3 Ar.Micro Equipment Digital Fare Meters Major Product Offerings
        7.13.4 Ar.Micro Equipment Digital Fare Meters Sales and Revenue in Global (2018-2023)
        7.13.5 Ar.Micro Equipment Key News & Latest Developments
8 Global Digital Fare Meters Production Capacity, Analysis
    8.1 Global Digital Fare Meters Production Capacity, 2018-2029
    8.2 Digital Fare Meters Production Capacity of Key Manufacturers in Global Market
    8.3 Global Digital Fare Meters Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Digital Fare Meters Supply Chain Analysis
    10.1 Digital Fare Meters Industry Value Chain
    10.2 Digital Fare Meters Upstream Market
    10.3 Digital Fare Meters Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Digital Fare Meters Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Digital Fare Meters Market, Global Outlook and Forecast 2023-2029

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