Passenger Information System Market 2021 Global Key Country Analysis- Advantech Co., Ltd. (Advantech), Alstom (Alstom), Wabtec Corporation (Wabtec), Cubic Corporation (Cubic), Cisco Systems, Inc. (Cisco)

Passenger Information System Market by Component (Solutions and Services), Location (On Board and In Station), Transportation Mode (Railways (Trains and Trams), Roadways, and Airways and Waterways), and Region - Global Forecast to 2026

A persuasive Passenger Information System Market report is an ideal guide to attain information or key data about the market, emerging trends, product usage, and motivating factors for customers, customer preferences, competitor strategies, brand positioning, and customer behavior. The report provides a wide-ranging analysis of the market structure along with the estimations of the various segments and sub-segments of the market. Global Passenger Information System Market research report provides a precise analysis of the existing scenario of the market, which covers several market dynamics. It is a professional and detailed report focusing on primary and secondary drivers, market share, market size, leading segments, and geographical analysis.

Request for FREE Sample Report: To Know the Impact of COVID-19 on this Industry @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3050096

The Passenger Information System market size is projected to grow from USD 24.1 billion in 2021 to USD 41.0 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period. The major factors driving the growth of the Passenger Information System (PIS) include the rise in demand for intelligent public transportation systems, including real-time transit information of passengers, extensive usage of smartphones and other handheld devices with increased connectivity, increase in the usage of advertising and information systems, advancements in the technological landscape to enhance the passenger experience, and a surge in urban population and traffic in public transportation systems.

Some prominent players profiled in the study include:

Advantech Co., Ltd. (Advantech),
Alstom (Alstom),
Wabtec Corporation (Wabtec),
Cubic Corporation (Cubic),
Cisco Systems, Inc. (Cisco),
Siemens AG (Siemens),
Hitachi, Ltd. (Hitachi),
Huawei Technologies Co., Ltd. (Huawei),
Thales Group (Thales),

Teleste Corporation (Teleste), Televic Rail (Televic), Mitsubishi Electric Corporation (Mitsubishi Electric), ST Engineering (ST Engineering), DYSTEN Sp. z o.o. (DYSTEN), Lunetta (Lunetta), R2P GMBH (r2p), Sistemas, S.A. (Indra), ICON Multimedia S.L. (ICON Multimedia), passiotech.com (Passio Technologies), LANCom Systems GmbH (LANCom), Simpleway Europe a.s. (Simpleway), EKE-Electronics Ltd (EKE-Electronics), Medha Servo Drives Private Limited (Medha Servo Drives), Quester Tangent (Quester Tangent), and LOT Group (LOT Group).

Based on component, the solutions segment is expected to lead the Passenger Information System (PIS) market during the forecast period

The PIS solutions not only provide passengers with real-time information but with several other features, such as passenger/public announcements, emergency notifications, infotainment, and global positioning system (GPS)-based applications. PIS solutions are highly advanced, and these solutions are not just limited to a person waiting at the station or airport. Information can be accessed by passengers on-the-go with the help of advanced networking, communication technologies, and appropriate applications. These solutions might be helpful in emergency or incident management as critical information can be delivered over the network in real-time.

Based on location, in station segment is expected to grow at a higher CAGR during the forecast period

The in station segment is projected to gain traction in the coming years, as there is a growing need to display real-time vehicle information across stations and airports. PIS is a digital information system that displays real-time information for passengers. PIS vendors are constantly focusing on improving passenger satisfaction by offering more than just arrival and departure timings. They also offer In station news and entertainment content, as well as safety and emergency announcements. PIS at stations or bus stops can be used to display the number of passengers waiting for the next vehicle’s route and destination. Integrated PIS solutions are computer-based systems to provide audio and visual information to passengers through multiple displays, spanning over the entire station.

Based on transportation mode, railways segment is expected to lead the Passenger Information System market during the forecast period

The growth in the number of megacities and the population in developed and developing countries has led to an increase in the importance of deploying PIS solutions and services across the globe. After airways, railways are the second-fastest mode of transportation. An increase in the number of travelers is choosing rail services to reduce the time spent in traffic congestions on roads. As a result, the demand for railway services has increased, and governments across the world are increasing their investments in this segment to provide advanced services for the public, as well as understand the requirements of passengers. Many railway services have started using cloud computing and big data analytics to provide real-time information to commuters and increase ease of travel.

APAC is expected to grow at a higher CAGR during the forecast period

APAC is the fastest-growing region in the Passenger Information System (PIS) market; this growth can be attributed to the due to the increase in adoption of new technologies, rising investments for digital transformation, and growing GDP in APAC countries. A majority of the potential economies in the region include Australia, Singapore, China, Korea, Hong Kong, and India, which are rapidly investing in technological transformations. The competition in this region is fragmented, and PIS solution providers are looking at expanding the base of their operations to most countries in the region. The rapidly emerging transport sector, increase in the number of buses and rails that require PIS solutions, government initiatives to increase the transport services in APAC, rise in adoption of real-time information systems in the transport segment, developing waterways for everyday transport, technological advancements, and a surge in digitization in the region are the key factors that are projected to drive the PIS market growth at the highest rate during the forecast period. Also, the increased government spending on metro rail projects and the rising number of passengers traveling via public transport in the APAC region have contributed to the growth of the PIS market.

By Company Type: Tier 1 – 62%, Tier 2 – 23%, and Tier 3 – 15%
By Designation: C-level – 38%, Directors – 30%, and Others – 32%
By Region: North America – 40%, Europe – 15%, APAC – 35%, MEA – 5%, Latin America– 5%.

Research coverage

The market study covers Passenger Information System (PIS) market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as component (solutions and services), location (on board and in station), transportation mode (railways, roadways, airways, and waterways), and regions. The solutions segment is further segmented into display systems, announcement systems, emergency communication systems, mobile applications, infotainment systems, and others (passenger counting systems and video monitoring systems). The services segment is further segmented into consulting, deployment and integration, and support and maintenance. The regional analysis of the Passenger Information System (PIS) market includes North America, Europe, APAC, the MEA, and Latin America. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Inquire for Discount @ https://www.reportsnreports.com/contacts/discount.aspx?name=3050096

Key benefits of buying the report

The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall Passenger Information System (PIS) market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Table Of Contents

1 Introduction
1.1 Introduction To Covid-19
1.2 Covid-19 Health Assessment
Figure 1 Covid-19: Global Propagation
Figure 2 Covid-19 Propagation: Select Countries
1.3 Covid-19 Economic Assessment
Figure 3 Revised Gross Domestic Product Forecasts For Select G20 Countries In 2020
1.3.1 Covid-19 Economic Impact—Scenario Assessment
Figure 4 Criteria Impacting The Global Economy
Figure 5 Scenarios In Terms Of Recovery Of The Global Economy
1.4 Objectives Of The Study
1.5 Market Definition
1.5.1 Inclusions And Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Years Considered For The Study
1.7 Currency
Table 1 United States Dollar Exchange Rate, 2017–2021
1.8 Stakeholders
1.9 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 6 Global Passenger Information System (Pis) Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup Of Primary Profiles
Figure 7 Breakup Of Primary Interviews: By Company, Designation, And Region
2.1.2.2 Key Industry Insights
2.2 Market Breakup And Data Triangulation
Figure 8 Data Triangulation
2.3 Market Size Estimation
Figure 9 Research Methodology: Approach
Figure 10 Market Size Estimation Methodology─ Approach 1 (Supply-Side): Revenues Of Different Passenger Information System Solutions /Services In The Passenger Information System Market
Figure 11 Market Size Estimation Methodology ─ Approach 1 Bottom-Up (Supply-Side): Collective Revenue Of Passenger Information System Solutions/Services In The Market
Figure 12 Market Size Estimation Methodology—Approach 2—Bottom-Up (Demand Side): Share Of The Market Through The Component Level
2.4 Market Forecast
Table 2 Factor Analysis
2.5 Assumptions For The Study
2.6 Limitations Of The Study

3 Executive Summary
Figure 13 Passenger Information System Market Size, 2021-2026
Figure 14 Based On Component, The Solutions Segment Is Estimated To Lead The Market During The Forecast Period
Figure 15 Based On Solutions, Mobile Applications Is Projectedto Grow With The Highest Growth Rate During The Forecast Period
Figure 16 Based On Location, The On Board Segment Is Dominate To Lead The Market During The Forecast Period
Figure 17 Based On Transportation Mode, The Railways Segment Is Projected To Grow At The Highest Growth Rate During The Forecast Period
Figure 18 Growing Segments In The Market, 2021-2026
Figure 19 Market: Regional Snapshot

4 Premium Insights
4.1 Attractive Opportunities In The Passenger Information System Market
Figure 20 Rise In Demand For Intelligent Public Transportation Systems, Including Real-Time Transit Information Of Passengers, To Drive The Market Growth During The Forecast Period
4.2 Asia Pacific Market, By Transportation Mode And Country
Figure 21 Railways And China To Account For The Highest Market Share In Asia Pacific In 2021
4.3 Market: Major Countries
Figure 22 India To Grow At The Highest Rate During The Forecast Period

5 Market Overview And Industry Trends
5.1 Market Overview
5.2 Market Dynamics
Figure 23 Drivers, Restraints, Opportunities, And Challenges: Passenger Information System Market
5.2.1 Drivers
5.2.1.1 Rise In Demand For Intelligent Public Transportation Systems, Including Real-Time Transit Information Of Passengers
5.2.1.2 Increase In Adoption Of Smartphones And Other Handheld Devices Has Led To A Rise In Connectivity And Usage Of Advertising And Information Systems
5.2.1.3 Advancements In The Technological Solutions To Enhance Passenger Experience
5.2.1.4 Rise In Urban Population And Traffic In Public Transportation Systems
Figure 24 Increasing Population And Urbanization
Table 3 Top 10 Congested Cities Worldwide
5.2.2 Restraints
5.2.2.1 High Costs Involved In Implementing And Maintaining The Passenger Information Systems
5.2.2.2 Stringent Transportation Regulatory Policies
5.2.3 Opportunities
5.2.3.1 Adoption Of Iot, 5g, And Automation Technologies To Enhance Technological Optimization
5.2.3.2 Increase In Penetration Of Cloud, Big Data, And Analytics In The Pis
5.2.3.3 Decline In Vehicle Ownership With Advancements In Mobility As A Service (Maas)
Table 4 Railway Infrastructure Investment, By Geography, 2018
5.2.4 Challenges
5.2.4.1 Complexities In The Integration Over The Legacy Infrastructure And Communication Networks
5.2.4.2 Multiple Sensors And Touchpoints Pose Data Fusion Challenges
5.3 Impact Of Covid-19 On The Passenger Information System Market Dynamics Analysis
5.3.1 Drivers And Opportunities
5.3.2 Restraints And Challenges
5.3.3 Cumulative Growth Analysis
5.4 Case Study Analysis
5.4.1 Use Case 1: Cubic Helped Metropolitan Transportation Authority (Mta) To Streamline The Transit Experience Of Their Travelers
5.4.2 Use Case 2: Thales Provided Bane (Nor) With Next-Generation Traffic Management System
5.4.3 Use Case 3: Huawei Helped Ruili Airlines Improve Passenger Experience With Private Cloud Platform
5.4.4 Use Case 4: Teleste Provided Stadler With On Board System For Its Helsinki Sm5 Trains
5.5 Technology Analysis
5.5.1 Introduction
5.5.2 Artificial Intelligence/ Machine Learning
5.5.3 Big Data And Analytics
5.5.4 Internet Of Things
5.5.5 5g
5.5.6 Cybersecurity
5.6 Ecosystem
Table 5 Ecosystem: Passenger Information System Market
5.7 Value Chain Analysis
Figure 25 Market: Value Chain
5.8 Porter’s Five Forces Model
Table 6 Porter’s Five Forces Analysis: Market
5.8.1 Threat Of New Entrants
5.8.2 Threat Of Substitutes
5.8.3 Bargaining Power Of Buyers
5.8.4 Bargaining Power Of Suppliers
5.8.5 Degree Of Competition
5.9 Patent Analysis
Table 7 Europe Patent Application, By Geographic Origin, 2013–2019
Table 8 Europe Patent Application, By Technology Field, 2013–2019
Figure 26 Europe Patent Application: Digital Technology, By Applicant, 2020
Table 9 Us: Number Of Patents Granted, By Country Of Origin, 2014–2019
5.10 Average Selling Price Trend
5.11 Regulatory Implications
5.11.1 International Organization For Standardization Standards
5.11.1.1 Iso/Iec Jtc 1
5.11.1.2 Iso/Iec 27001
5.11.1.3 Iso/Iec 19770
5.11.1.4 Iso/Iec Jtc 1/Swg 5
5.11.1.5 Iso/Iec Jtc 1sc 31
5.11.1.6 Iso/Iec Jtc 1/Sc 27
5.11.1.7 Iso/Iec Jtc 1/Wg 7 S E N S O R S
5.11.2 General Data Protection Regulation
5.11.3 Federal Motor Carrier Safety Administration (Fmcsa)
5.11.4 Federal Highway Administration (Fhwa)
5.11.5 Maritime Administration (Marad)
5.11.6 Federal Aviation Administration (Faa)
5.11.7 Federal Railroad Administration (Fra)
5.11.8 Institute Of Electrical And Electronics Engineers
5.11.9 Cen/Iso
5.11.10 Cen/Cenelec
5.11.11 European Telecommunications Standards Institute
5.11.12 Itu-T

Read More...............

Get Direct Order of this Report @ https://www.reportsnreports.com/purchase.aspx?name=3050096

Contact Us:

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@reportsandreports.com

About Us:

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.