Passenger Information System Market Overview
Passenger system (PIS) allows passengers to receive relevant info relating to the character and state of transportation mediums as well as buses, trains, airplanes, and boat ferries. As per the International Civil Aviation Organization (ICAO), the full variety of passengers travelled worldwide rose to four.
Moreover, the world organization expected that attributable to the expansion of urbanization, by 2030, the urban area Unites are doubtless to witness the increasing use of transport like transit buses, rail, and metro. The growing variety of travellers and passengers and increasing the expansion of transport infrastructure worldwide area unit doubtless to spice up the expansion of the market over the forecast amount.
In associate degree progressively connected world, rail and bus corporations area unit needed to differentiate by creating their services a lot of engaging to travellers and passengers. Besides, with the growing traveller expectations like safe, punctual, and cozy journeys, there's a persistent demand for period, consistent, and reliable info. They expect precise info regarding key parameters like arrival times, connections, different routes, disruptions, and aboard services. The increasing wants and demands of the passengers have a diode to the digitization of transit operations, which successively can foster the expansion of the market within the coming back years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Mode of Application, Component and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Cisco Systems Inc. Cubic Corporation, Alstom, Dysten, Hitachi, Ltd., Huawei Technologies Co., Ltd, Singapore Technologies Engineering Ltd., Teleste Corporation, Thales Group, Wabtec Corporation. |
The covid-19 Impact on Passenger Information System Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Passenger Information System Market Segment Overview
By Type, Information Display System accounted for the major segment growth in the forecast period. With an incredible rise in digital display and semiconductor diode panels attributable to its compact size and cost-effective rating, the employment of a data show system is pervasive across varied transit stations.
By Mode of Application, the roadways accounted for the major segment growth in the forecast period. The tremendous growth within the volume of vehicle traffic across the world and lack of transport infrastructure to support the same has led to a rising specialization in the management of vehicular movement and its smooth flow.
By Component, the Services segment is accounted for the major segment growth in the forecast period. In the services segment, passenger queries and updating them for traveling detail is the most important part, these factors increasing the market growth of the services segment in the forecast period.
Market Analysis, Insights and Forecast – By Type
· Information Display System
· Announcement System
· Infotainment System
· Passenger Information Mobile Components
· Others
Market Analysis, Insights and Forecast – By Mode of Application
· Airway & Waterway
· Railway
· Roadway
Market Analysis, Insights and Forecast – By Component
· Hardware
· Software
· Services
Passenger Information System Market Regional Overview
Region-wise, in terms of regions, the market in North America is probably going to grow rapidly during the forecasted period. The market growth during this region is primarily attributed to the increase in production and consumption of passenger information systems in developed and developing economies of North America.
Passenger Information System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Passenger Information System Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Passenger Information System are highlighted below.
· In January 2021, Alstom has acquired Bombardier Transportation. That’s Result, Alstom would strengthen its leadership within the growing sustainable quality market by reaching an important size across the globe and integration additional solutions and assets to rise serve its customers worldwide.
Passenger Information System Market, Key Players
· Cisco Systems Inc.
· Cubic Corporation
· Alstom
· Dysten Sp. z o.o.
· Hitachi, Ltd
· Huawei Technologies Co., Ltd
· Singapore Technologies Engineering Ltd.
· Teleste Corporation
· Thales Group
· Wabtec Corporation
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Passenger Information System market during the forecast period?
Passenger Information System market is expected to record a CAGR of ~13 % during the forecast period.
Q2. Which segment is projected to hold the largest share in the Passenger Information System Market?
Information Display System segment is projected to hold the largest share in the Passenger Information System Market.
Q3. What are the driving factors for the Passenger Information System market?
Increasing demand for intelligent Transportation, advancements in telecommunication is key factors that boost the growth of the Passenger Information System market progressively.
Q4. Which Segments are covered in the Passenger Information System market report?
Type, Mode of Application, Component and Region, these segments are covered in the Passenger Information System market report.
Q5. Which are the prominent players offering Passenger Information System?
Cisco Systems Inc. Cubic Corporation,Alstom,Dysten,Hitachi, Ltd. Huawei Technologies Co., Ltd,Singapore Technologies Engineering Ltd.,Teleste Corporation, Thales Group, Wabtec Corporation.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Passenger Information System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Information Display System
- 5.2.2. Announcement System
- 5.2.3. Infotainment System
- 5.2.4. Passenger Information Mobile Components
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Mode of Application
- 5.3.1. Airway & Waterway
- 5.3.2. Railway
- 5.3.3. Roadway
- 5.4. Market Analysis, Insights and Forecast – By Component
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Passenger Information System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Information Display System
- 6.2.2. Announcement System
- 6.2.3. Infotainment System
- 6.2.4. Passenger Information Mobile Components
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Mode of Application
- 6.3.1. Airway & Waterway
- 6.3.2. Railway
- 6.3.3. Roadway
- 6.4. Market Analysis, Insights and Forecast – By Component
- 6.4.1. Hardware
- 6.4.2. Software
- 6.4.3. Services
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Passenger Information System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Information Display System
- 7.2.2. Announcement System
- 7.2.3. Infotainment System
- 7.2.4. Passenger Information Mobile Components
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Mode of Application
- 7.3.1. Airway & Waterway
- 7.3.2. Railway
- 7.3.3. Roadway
- 7.4. Market Analysis, Insights and Forecast – By Component
- 7.4.1. Hardware
- 7.4.2. Software
- 7.4.3. Services
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Passenger Information System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Information Display System
- 8.2.2. Announcement System
- 8.2.3. Infotainment System
- 8.2.4. Passenger Information Mobile Components
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Mode of Application
- 8.3.1. Airway & Waterway
- 8.3.2. Railway
- 8.3.3. Roadway
- 8.4. Market Analysis, Insights and Forecast – By Component
- 8.4.1. Hardware
- 8.4.2. Software
- 8.4.3. Services
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Passenger Information System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Information Display System
- 9.2.2. Announcement System
- 9.2.3. Infotainment System
- 9.2.4. Passenger Information Mobile Components
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Mode of Application
- 9.3.1. Airway & Waterway
- 9.3.2. Railway
- 9.3.3. Roadway
- 9.4. Market Analysis, Insights and Forecast – By Component
- 9.4.1. Hardware
- 9.4.2. Software
- 9.4.3. Services
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Alstom
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Cisco Systems Inc.
- 10.6. Cubic Corporation
- 10.7. Dysten Sp. z o.o.
- 10.8. Hitachi, Ltd
- 10.9. Huawei Technologies Co., Ltd
- 10.10. Singapore Technologies Engineering Ltd.
- 10.11. Teleste Corporation
- 10.12. Thales Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
