China’s AFC equipment market also ushers in a new round of rapid growth during 2011 to 2020. By 2015, the operating mileage of China’s rail transit will reach more than 3,000 km and will reach 6,000 km by 2020, which will need the investment amount of about CNY 3 trillion to CNY 4 trillion.

1. Analysis and Forecast of China AFC (Automatic Fare
Collection System) Industry, 2013-2017
Published: August 2013
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2. Analysis and Forecast of China AFC (Automatic Fare Collection System)
Industry, 2013-2017
China’s AFC industry starts very late; the domestic AFC manufacturers are mainly distributed in
Shanghai and Shenzhen, such as Shanghai Potevio Co., Ltd., Shanghai Huaming Intelligent
Terminal Equipment Co., Ltd., Shanghai Huahong Jitong Smart System Co., Ltd. and Shenzhen
Modern Computer Manufacturer Co., Ltd. Whereas, Beijing just beginning to step its foot into
the industry. Compared with the products produced by the original international AFC
manufacturers, the domestic AFC products still have certain gap in terms of system stability
and reliance etc. and stay in the immature stage.
With the rapid development of the rail transit construction, the demand volume for AFC is
larger and larger; as the investment cost of importing equipment is large and with the issuance
of State Council’s requirement that 60% of the rail transit equipment should be localized, the
domestic AFC companies will account for more market shares with promising prospects.
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3. Analysis and Forecast of China AFC (Automatic Fare Collection System)
Industry, 2013-2017
During the 12th-Five-Year period, about 18, 700 km of high-speed rail will be increased in
China, which will need about 15,000 sets of ticket vending machines (TVMs) accounting
by using 80 sets of TVMs per 100 km. In terms of the urban rail transit construction
planning approved by the State Council, the total mileage of new increased domestic
urban rail will exceed 2,500 km during the 12th-Five-Year period, which will need more
than 20,000 sets of TVMs accounting by using 16 sets of TVMs per station and setting up
one station per 2 km.
With the acceleration of subway and high-speed rail investment and construction in
China, China’s AFC equipment market also ushers in a new round of rapid growth during
2011 to 2020. By 2015, the operating mileage of China’s rail transit will reach more than
3,000 km and will reach 6,000 km by 2020, which will need the investment amount of
about CNY 3 trillion to CNY 4 trillion.
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