Press release
Passenger Information System Market Drivers, Key Players, Business Strategies Analyzed, and Forecast by 2022-2030
Passenger Information System market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Passenger Information System market by region.The Global Passenger information system market is anticipated to reach the value of USD 21.39 billion by the year 2022 growing at a CAGR of 23.17% during the forecast period (2016-2022).
Global Passenger Information System Market by Transportation Mode (Railways, Airways, Roadways), by Services (Cloud, Professional), by Component (Sensors, Multimedia Devices), by Solution (Display System, Infotainment System) - Forecast 2022
A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries, resulting in a large market Passenger Information System.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=19436
Market analysis
The passenger information system is a kind of automation system that is specifically deployed and designed by the public transportation systems including the railways, roadways, airways and others for displaying the arrival and departure of the transportation mode scheduled for a particular time frame. This automated system is available in the form of LEDs, information announcement system, display boards, and passenger information mobile application. The growing security concerns at public transports along with growing urbanization are the major factors that is expected to boost the growth of the global passenger information system market in future. The Global Passenger information system market is anticipated to reach the value of USD 21.39 billion by the year 2022 growing at a CAGR of 23.17% during the forecast period (2016-2022).
Market segmentation
The Global Passenger information system market has been divided on the basis of services, components, solutions, and mode of transportation. Based on its solutions, the market is segmented as display systems, information announcement systems, emergency communication systems, passenger information mobile applications, infotainment systems among others. On the basis of its components, the Global Passenger information system market is classified as multimedia displays, communication devices, networking devices, sensors among others. Based on its services, the market is sectioned as cloud, integration, professional among others. The modes of transportation in the Global Passenger information system market include railways, roadways, and airways.
Regional analysis
Geographically, the Global Passenger information system market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
The major industry players in the Passenger Information System Market are Huawei Technologies Co. Ltd (China), DTI Group (Australia), Cubic Transportation Systems (U.S.), Infax, Inc. (U.S.), Passio Technologies, Inc. (U.S.), General Electric Company (U.S.), Siemens AG (Germany), Advantech Corporation (Taiwan), Neusoft Corporation (China), Medha Servo Drives Pvt. Ltd (India) among others.
Access full Report Description, TOC, Table of Figure, Chart, etc. @:- https://reportocean.com/industry-verticals/sample-request?report_id=19436
What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
Factors Influencing
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
COVID-19 Impact Analysis
The COVID-19 pandemic has affected almost every industry. The market witnessed a significant decline in investments, mainly in the energy and power sector. According to the estimations by the International Energy Agency, investments in the energy and power domain are projected to decrease by 10% in 2020 as compared to the pre-pandemic statistics. This indicate the condition of global marketplace along with severe challenges faced during pandemic.
Regional Analysis
Asia-Pacific market is forecast to emerge as rapidly growing region in global market, owing to governments' initiatives towards increasing urbanization and growing population leading to increasing demand of energy-based products and services. Also, North America is forecast to grow rapidly because of high energy consumption in the region and technological advancements across the sector. Energy consumption has been increasing in the region, mainly in the US; the primary energy consumption is segmented on the basis of nuclear electric power, petroleum, coal, renewable energy, and natural gas. The petroleum and natural gas segment is dominating the overall sector. In the mix of energy sources, petroleum accounts for around 35% of the overall consumption, whereas natural gas accounts for 34%.
Access Full Report, here:- https://reportocean.com/industry-verticals/sample-request?report_id=19436
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website: https://www.reportocean.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Passenger Information System Market Drivers, Key Players, Business Strategies Analyzed, and Forecast by 2022-2030 here
News-ID: 2626988 • Views: …
More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…

Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…

Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…

Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for Passenger
Impact of Autonomous Passenger Cars on the Passenger Car Sensors Market Driving …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Passenger Car Sensors Market Size By 2025?
The market size for passenger car sensors has experienced appreciable growth in the past few years. It is projected to expand from a value of $5.41 billion in 2024 to $5.75 billion in 2025, indicating a compound annual…
Surge In Passenger Traffic Fueling Growth In The Passenger Security Market: Key …
The Passenger Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Passenger Security Market Size During the Forecast Period?
The Passenger Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This…
Passenger Boarding Bridge Market Expands as Airports Upgrade for Passenger Comfo …
The Passenger Boarding Bridge Market size is expected to grow at more than 10.85% CAGR from 2024 to 2030. It is expected to reach above USD 725.86 million by 2029 from a little above USD 287.23 million in 2023.
On March 26, 2025, Exactitude Consultancy., Ltd. released a research report titled Passenger Boarding Bridge Market 2025-2034 This report offers a new perspective on the Passenger Boarding Bridge Market covering an…
Passenger Car Rental Market Report 2024 - Passenger Car Rental Market Growth, In …
"The Business Research Company recently released a comprehensive report on the Global Passenger Car Rental Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The passenger car rental…
Passenger Ropeway Market
The global passenger ropeway market databook report is a comprehensive and important source of information that provides critical insights into many aspects of the passenger ropeway industry. It examines all key participants, including Leitner Poma , Nippon Cable , Kashiyama Industries , Doppelmayr Seilbahnen GmbH , MND Group , LEITNER Ropeways , Anzen Sakudo , Bartholet Maschinenbau , TATRALIFT, and places a strong emphasis on competitive analysis and the current…
Passenger Journey: Passenger Information System Market Report Explores Size, Sha …
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Passenger Information System Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The passenger information system market size has grown rapidly in recent…