Thu. Jun 24th, 2021

The global passenger information system market size was valued at USD 19.9 billion in 2019 and is expected to grow at a CAGR of 9% annually from 2020 to 2027. The growth of the current market can be attributed to increased demand. Public transport agencies provide passengers with accurate and reliable real-time public transport information. Moreover, the spread of mobile devices and the Internet is increasing, and the demands of travelers and passengers to find information in real time for better connectivity and safe travel are increasing. In addition, the increase in passenger journeys each year due to public transport is expected to fuel the demand for passenger information systems compared to the globally growing transport infrastructure.

A full report of Passenger Information System Market is available at: https://www.orionmarketreports.com/passenger-information-system-2-market/46207/

Passenger Information System Market Segmentations   

By Component: 

Solutions

  • Display Systems
  • Announcement Systems
  • Infotainment Systems
  • Mobile Applications
  • Emergency Communication Systems
  • Others (Passenger counting systems and video monitoring systems)

Services

  • Consulting and Integration
  • Training, Support and Maintenance

By Location:

  • On board
  • In station 

By Mode of Transportation:

  • Railways
  • Trains
  • Trams
  • Roadways
  • Airways and Waterways 

Key Market Players

  • Alstom
  • Cubic Corporation
  • Hitachi, Ltd.
  • Indra
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Singapore Technologies Electronics Limited
  • Teleste Corporation
  • Thales
  • Toshiba Corporations 

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  • We cover more than 15 major industries, further segmented into more than 90 sectors.
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  • Over 100+ paid data sources mined for investigation.
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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Passenger Information System Market Report

  • What was the Passenger Information System Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
  • What will be the CAGR of Passenger Information System Market during the forecast period (2021-2027)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
  • Which manufacturer/vendor/players in the Passenger Information System Market was the market leader in 2018?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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By mukati