Passenger Information System is the finest market research report which is the result of proficient team and their potential capabilities. The most up to date market insights and analysis performed in this report brings marketplace clearly into focus. The major aspects of this report include complete and distinct analysis of the market drivers and restraints, key market players involved in this industry, detailed analysis of the market segmentation, and competitive analysis of the key players. Data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this Passenger Information System report is analysed and forecasted using market statistical and coherent models.
Global passenger information system market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.7% in the forecast period of 2022 to 2029 and is expected to reach USD 15,284,564.68 thousand by 2029. Rising demand for intelligent public transportation system is boosting the market.
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Market Overview:
The raising interest for solid and exact constant travel data by travelers addresses one of the key variables moving the traveler data framework market development. Aside from this, an ascent in the interest for canny transportation frameworks, in juncture with headways in the media transmission area to empower quicker information move abilities, is likewise filling the market development.
Besides, an expansion sought after for canny transportation frameworks and a flood in the reception of the Internet of Things (IoT), cloud and huge information advancements in the transportation area are driving the deals of traveler data frameworks across the globe. As of now, because of a critical ascent in the instances of the COVID-19 infection, lockdowns have been forced by states of different nations. They are advancing the reception of social removing measures to stay away from the spread of the pandemic, which is adversely affecting the market development. In any case, the market is expected to encounter development whenever predictability is recaptured.
Some of the major players operating in the Passenger Information System market are Medha Servo Drives Private Limited, Mitsubishi Electric Corporati0on, Toshiba Infrastructure Systems Solutions Corporation, Advantech Co., Ltd., Teleste Corporation, ALSTOM, Siemens Mobility, Quester Tangent, indra, ST Engineering, Thales Group, Lunetta, Cubic Corporation, r2P GmbH, Kentkart, Tattile, Masstrans, Televic Group NV, and Icon Multimedia among others.
Global Passenger Information System Market Scope and Market Size
Global passenger information system market is segmented into four notable segments which are based on product, type, location transportation mode. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the global passenger information system market is segmented into hardware, software, and services. In 2022, the software segment is expected to dominate the market as it is very convenient to use and is accessible round the clock.
- On the basis of type, the global passenger information system market is segmented passenger information display systems, passenger information announcement systems, emergency communication systems, infotainment systems, and passenger information mobile application. In 2022, the passenger information display systems segment is expected to dominate the market as it has a wide range of applications across the transportation industry due to rise in the number of passengers.
- On the basis of location, the global passenger information system market is segmented into on board and in station. In 2022, the on board segment is expected to dominate the market as the number of fleets or the vehicles for transportation is increasing year on year.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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