Global Passenger Information System Market Worth USD 45,679 Million by 2025 | Top Players such as – Alstom, Hitachi and Indra

Rise in demand for real-time transit information solutions for the passengers, increased adoption of smartphones, increased penetration of IoT solutions in transportation sector, and advancements in telecommunication offerings are anticipated to drive the growth of the global Passenger Information System Market. In addition, surge in adoption of cloud and big data technologies is expected to create lucrative opportunities for the growth of the market. However, high cost associated with implementation, managing the passenger information and dearth of advanced infrastructure facilities among the developing economies of Asia-Pacific and LAMEA for installing these systems are anticipated to hamper the market growth during the forecast period.

Download free sample report at: 

https://www.alliedmarketresearch.com/request-sample/4694

The global passenger information system market is segmented based on component, solutions, mode of transportation, and geography. By component, the market is divided into hardware, software, and services. On the basis of solution, it is categorized into information display system, announcement systems, infotainment systems, passenger information mobile applications, and emergency communication systems.

Depending on mode of transportation, it is fragmented into airway, railway, and roadway. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The roadway segment led the passenger information system market in 2016, and is projected to maintain its dominance in the future. However, the railway segment is expected to witness the highest growth, owing to its increased need of passenger information system to provide accurate and reliable updates to railway passengers before and throughout their journey.

For Purchase Enquiry:  

https://www.alliedmarketresearch.com/purchase-enquiry/4694

The global passenger information system market was led by the North America in 2016, and is projected to maintain its dominance during the forecast period. However, the Asia-Pacific is anticipated to witness the fastest growth, registering a CAGR of 20.20% during the forecast period.

Some of the key players operating in the passenger information system market include Alstom, Cubic Corporation, Hitachi, Ltd., Indra, Mitsubishi Electric Corporation, Siemens AG, Singapore Technologies Electronics Limited, Teleste Corporation, Thales, and Toshiba Corporation.

If you have any special requirements, please let us know: 

https://www.alliedmarketresearch.com/request-for-customization/4694

KEY FINDINGS OF THE STUDY 

  • The services segment is expected to exhibit significant increase in terms of revenue during the forecast period.
  • In 2016, the roadway segment accounted for the highest revenue among the other modes of transportation.
  • Passenger information display system generated the highest revenue in 2016.
  • Asia-Pacific is projected to exhibit substantial growth during the forecast period.

Procure Complete Report (263 Pages PDF with Insights, Charts, Tables, and Figures) at: https://bit.ly/3Fl73Ob

Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia. 

If you have any special requirements, please let us know and we will offer you the report as per your requirements.      

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

Similar Report: 

  1.  Passenger Security Equipment Market

About Us 

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises. 

Contact: 

David Correa 

Portland, OR, United States 

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 

UK: +44-845-528-1300 

Hong Kong: +852-301-84916 

India (Pune): +91-20-66346060 

Fax: +1(855)550-5975 

help@alliedmarketresearch.com 

Web: https://www.alliedmarketresearch.com 

Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research 

Leave a comment

Your email address will not be published. Required fields are marked *