Passenger Information System Market size was valued at US $ 29.85 Bn and is expected to reach nearly US $ 62.76 Bn by 2030 with the CAGR of 11.2% during the forecast period.
Passenger Information System Market Overview
The report offers an assessment of the current and prospective state of the Passenger Information System market, delivering insights and updates on vital sectors. It assists investors in comprehending the prevailing and most rapidly expanding segments and regions. The study covers essential research subjects in the Passenger Information System market, encompassing global demand, product manufacturing, income generation, sales, and revenue.
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Passenger Information System Market Report Scope and Research Methodology
The report assesses the Passenger Information System Market’s share, size, current and future trends, and forecasts. It also presents a comprehensive analysis of drivers, restraints, opportunities, and challenges in the Passenger Information System industry. The competitive landscape provides detailed insights into the position of Passenger Information System key players, including their partnerships, business growth, acquisitions, and company profiles encompassing overviews, product benchmarking, insights, and SWOT analysis. The bottom-up approach was employed to estimate the global and regional Passenger Information System Market size. Primary and secondary data collected for the Passenger Information System industry report were meticulously analyzed and combined to offer precise and reliable data to clients. PESTLE analysis was utilized to comprehend the potential impact of macroeconomic and microeconomic factors influencing the Passenger Information System Market, providing diverse perspectives for investors. Porter’s five forces analysis is also included, offering a profound exploration of growth opportunities for new entrants in the Passenger Information System Market. In essence, the report furnishes a comprehensive outlook of the current and future state of the Passenger Information System industry.
Passenger Information System Market Regional Insights
The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.
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Passenger Information System Market Segmentation
by Component
Hardware
Software
Service
by Solution
Information Display System
Announcement Systems
Infotainment Systems
Passenger Information Mobile Applications
Emergency Communication Systems
by Mode of Transportation
Airway
Railway
Roadway
Waterway
Market segmentation was done based on mode of transportation: airway, railway, roadway, and waterway. In 2023, the segment with the highest Passenger Information System Market share was Airway. Airports manage heavy passenger volumes with precision, even with complex logistical requirements and strict schedules. For efficient traffic flow and prompt information distribution, the Passenger Information System (PIS) is essential. In the global market in 2023, the Railway segment accounted for the second-largest share. These systems are essential to the timely dissemination of vital updates, platform information, and train schedules. They also significantly improve passenger happiness by contributing to the seamless operation of railway networks. The Railway sector has garnered significant interest from the transportation industry due to its emphasis on punctuality and accurate information delivery.
by Location
On Board
In Station
by Functional Mode
Multimedia Display
Audio Systems
Computing Systems
Networking and Communication Devices
Video Surveillance
Content Management System
Others
Passenger Information System Market Key Players
North America: 1. Cubic Corporation [United States] 2. Passio Technologies [United States] 3. Wabtec [United States] Europe: 1. Alstom [France] 2. Siemens AG [Germany] 3. Thales[France] 4. Teleste Corporation [Finland] 5. ICON Multimedia [Spain] 6. r2p [Germany] 7. Indra [Spain] 8. TE Connectivity [Switzerland] 9. DYSTEN [Poland] Asia Pacific: 1. Hitachi, Ltd [Japan] 2. Mitsubishi Electric Corporation [Japan] 3. Singapore Technologies Electronics Limited [Singapore] 4. Toshiba Corporation [Japan] 5. Huawei Technologies [China] 6. Mitsubishi Electric [Japan] 7. ST Engineering [Singapore] 8. Lunetta [Taiwan] 9. Simpleway [Czech Republic] 10. Advantech Co., Ltd [Taiwan]
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Table of content for the Passenger Information System Market includes:
Global Passenger Information System Market: Research Methodology
Global Passenger Information System Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Passenger Information System Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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