Global Passenger Information System Market By Solution Type, By Component, By Location, By Mode of Transportation, By Company, By Region, Forecast & Opportunities, 2025

NEW YORK, June 30, 2020 /PRNewswire/ --

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Global Passenger Information System Market By Solution Type (Passenger Information Display Systems, Passenger Information Announcement Systems, Emergency Communication Systems, Infotainment Systems, Passenger Information Mobile Application), By Component (Hardware, Software, Service), By Location (On board v/s In station), By Mode of Transportation (Railways, Trains, Trams, Roadways, Airways and Waterways), By Company, By Region, Forecast & Opportunities, 2025

Global passenger information system market is expected to grow at a formidable rate during the forecast period.The global passenger information system market is driven by the revolution in telecommunication industry with the advent of big data and AI coupled with increasing smartphone penetration, which is further expected to fuel the market during the forecast period.

Furthermore, growing demand for providing better customer experience in the terms of improved safety and providing real time and accurate travel data to the passengers by the transportation industry is anticipated to foster the market growth over the next few years.

The global passenger information system market is segmented based on solution type, component, location, mode of transportation, company and region.Based on mode of transportation, the market can be categorized into railways, trains, trams, roadways, airways and waterways.

The roadways segment is expected to dominate the market during forecast period since roadways are the primary mode of transportation across various countries around the globe. Additionally, passenger information system is increasingly being adopted by the roadways segment to provide reliable and safe service to the passengers.

Regionally, the passenger information system market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these, North America is expected to witness significant growth during the forecast years in the global passenger information system market owing to the early adoption of technologies and strong network infrastructure in the region.

Major players operating in the global passenger information system market include Advantech Corporation, Alstom, Wabtec, The General Electric Company, Cubic Transportation Systems, Cisco Systems Inc., Siemens AG, Hitachi, Huawei Technologies Co. Ltd, Thales Group, Mitsubishi Electric, ST Engineering, Lunetta, r2p, Indra, ICON Multimedia, Passio Technologies, Infax, Inc., Passio Technologies, Inc., DTI Group and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025

Objective of the Study:

• To analyze and estimate the market size of global passenger information system market from 2015 to 2018.
• To estimate and forecast the market size of global passenger information system market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast global passenger information system market based on solution type, component, location, mode of transport, company and regional distribution.
• To identify dominant region or segment in the global passenger information system market.
• To identify drivers and challenges for global passenger information system market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global passenger information system market.
• To identify and analyze the profile of leading players operating in global passenger information system market.
• To identify key sustainable strategies adopted by market players in global passenger information system market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst examined the service providers, and presence of all major players across the globe.
The analyst calculated the market size of global passenger information system market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Passenger information system service providers, vendors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to passenger information system
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, vendors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global passenger information system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Passenger Information System Market, By Solution Type:
o Passenger Information Display Systems
o Passenger Information Announcement Systems
o Emergency Communication Systems
o Infotainment Systems
o Passenger Information Mobile Application
• Global Passenger Information System Market, By Component:
o Hardware
- Sensors
- Multimedia display
- Networking and communication Systems
- Others
o Software
o Service
- Professional
- Managed
• Global Passenger Information System Market, By Location:
o On board
o In station
• Global Passenger Information System Market, By Mode of Transportation:
o Railways
o Trains
o Trams
o Roadways
o Airways
o Waterways
• Global Passenger Information System Market, By Region:
o North America
- United States
- Canada
- Mexico
o Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
o Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
o South America
- Brazil
- Argentina
- Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global passenger information system market.

Available Customizations:

With the given market data, we offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).


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