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Global Tunnel Automation Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Adoption of tunnel automation is being fuelled by stringent governmental requirements, a rise in traffic accidents demanding improved security, and growing cloud and IoT integration into tunnel automation technologies. An increase in the frequency of vehicle tunnel accidents has led to the installation of automated technology in tunnels. The average number of tunnel fire accidents each year has increased over time, with the majority of events occurring in the summer and winter and the least in the autumn.
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By geography, Owing to its well-established transport industry, rising consumer awareness of the necessity to improve rail and road safety, the presence of multiple mountain ranges, and rising demand for public transportation systems, Europe is predicted to expand at the highest CAGR during the projected period. For instance, construction on an underwater tunnel that would connect Denmark and Germany commenced in November 2021 on the German side.
Some of the key players in Tunnel Automation market include ABB Group, Honeywell International Inc., Siemens AG, Trane Inc., Eaton Corporation Plc, Johnson Controls International, SICK AG, Philips Lighting, Kapsch, Swarco, CODEL International Ltd, Advantech Co., Ltd., Indra Sistemas SA, Signify Holding BV and Agidens International NV.
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