Press release
Revolutionizing Travel Experience: Passenger Information Display System Market Set to Soar with Double-Digit Growth by 2030 | Toshiba, Hitachi, TrainFX, Quester Tangent
Infinity Business Insights announces the release of Passenger Information Display System Market research report. The market is predicted to grow at a healthy pace in the coming years. Passenger Information Display System Market 2023 research report presents an analysis of market size, share, and growth, trends, cost structure, and statistical and comprehensive data of the global market. The report gives a clear picture of the current market circumstance.From 2023 to 2030 , the Passenger Information Display System market is anticipated to expand at a CAGR of 10.2%, reaching a value of USD 2.9 billion. The rising need for passenger convenience and safety, the expanding use of digital signs in transportation, and the growing emphasis on the passenger experience are the main factors driving the growth of the PIDS market. The design, development, and implementation of real-time information display systems for passengers in various modes of transportation are the primary objectives of the Passenger Information Display System (PIDS) market, a specialist sector within the transportation and technology sectors.
The growing need for smooth and user-friendly travel experiences is what gave rise to the passenger information display system market. The difficulty of giving passengers accurate and timely information developed as transportation networks evolved and became more complicated. To close this gap and improve the overall passenger experience, PIDS was developed. The emergence of advanced PIDS systems that meet the various requirements of passengers throughout the world is the result of developments in display technologies, data integration, connection, and software capabilities over time.
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Some of the Top companies influencing this Market include:
Toshiba, Hitachi, TrainFX, Quester Tangent, Moxa, Toyo Denki, Tattile, SWARCO AG, Ortana, AMiT, LECIP, eHualu(Infologic Pte), Picaso-Systems, Televic, EKE-Electronics, Teleste, Atos SE, SAIRA Electronics, Indra, Thales, Neusoft, Potevio, Sunwin Intelligent, Beijing Century Real Technology, GLARUN Technology, Shenzhen Beihai Rail Transit Technology, Contron and others.
Passengers may now get real-time information on their cellphones thanks to the increasing integration of PIDS systems with mobile applications, which improves ease and personalisation. A smooth end-to-end journey experience is provided to passengers by PIDS because of developments in data integration. PIDS can now deliver information across numerous forms of transportation. PIDS systems are becoming more adaptable communication platforms as they develop to show dynamic content including emergency warnings, ads, and local information. Incorporating data analytics and predictive algorithms into PIDS enables it to anticipate customer demands and improve service delivery, leading to more enjoyable travel.These latest advances demonstrate the market's dedication to enhancing passenger comfort, safety, and general pleasure by using cutting-edge technology and seamlessly integrating with contemporary transportation ecosystems.
Market Segmentation: By Type
LCD Display System
LED Display System
Others
Market Segmentation: By Application
Metro
Train
Airplane
Others
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Regional Analysis for Global Passenger Information Display System Market:
The market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America according to geography. The largest market for PIDS is in North America, which is anticipated to continue to hold the top spot over the projected period. The rising passenger volume in the area, the expanding use of digital signs in transportation, and the increased emphasis on the passenger experience are the main factors driving the growth of the PIDS market in North America.
There is an increasing need for PIDS solutions in places like Tokyo, Beijing, and Mumbai due to rapid urbanization and developing public transit networks. In cities like Dubai, Mexico City, and So Paulo, where transportation infrastructure investments are rising, PIDS are becoming more widely used for efficient passenger communication and navigation.
Furthermore, the years considered for the study are as follows:
Historical year - 2017-2022
Base year - 2023
Forecast period - 2023 to 2030
Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players.
COVID-19 Impact Analysis
The pandemic of COVID-19 has emerged in lockdown across regions, line limitations, and breakdown of transportation organizations. Furthermore, the financial vulnerability Passenger Information Display System Market is a lot higher than in past flare-ups like the extreme intense respiratory condition (SARS), avian influenza, pig influenza, bird influenza, and Ebola, inferable from the rising number of contaminated individuals and the vulnerability about the finish of the crisis. With the rapid rising cases, the worldwide Passenger Information Display System refreshments market is getting influenced from multiple points of view.
The following are some of the reasons why you should purchase this Passenger Information Display System market report:
Provides unique insights for decision-making in all potential segments, assisting in strategic decision-making.
A novel research design for estimating and forecasting market size.
Identification of important players in the market, as well as associated developments
Extensive breadth to cover all conceivable segments in the Passenger Information Display System Market, assisting every player.
Table of Contents:
Global Passenger Information Display System Market Research Report 2023 - 2030
Chapter 1 Passenger Information Display System Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Passenger Information Display System Market Forecast
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
We attain particular and niche demand of the industry while stabilize the quantum of standard with specified time and trace crucial movement at both the domestic and universal levels. The particular products and services provided by Infinity Business Insights cover vital technological, scientific and economic developments in industrial, pharmaceutical and high technology companies.
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