Dublin, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The "Passenger Information System Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Component, Location, Mode of Transportation, and Functional Model" report has been added to ResearchAndMarkets.com's offering.
According to this report the global passenger information system market was valued at US$ 19,314.66 million in 2019 and is projected to reach US$ 45,717.11 million by 2027; it is expected to grow at a CAGR of 11.5% during 2020-2027. The report highlights key driving factors and prominent market players along with their developments in the market.
Passenger information system acts as the secured link between a transit agency or authorities and passengers, providing and dispersing the significant information needed for each of its end user. Such systems record and track down the necessary data related to real-time vehicle locations, current status updates, tentative journey schedules, and much more. Therefore, the important information reaches quickly without any defaults or changes to end user; hence such systems hold significance across the world. Passenger information system deploys the use of several interconnected devices, installed on platform or depots or any mode of transportation. They manage data and deliver reliable and accurate real-time transit information, which is significantly promoting the growth of passenger information system market.
The COVID-19 outbreak was first reported in Wuhan, China, in December 2019. Lockdowns, travel bans, and business shutdown measures implemented to mitigate the spread of the novel coronavirus are limiting the supplies of technology, media, and telecommunication solutions and services, which represents a significant loss for passenger information system companies.
Alstom; Cisco Systems Inc.; Cubic Corporation; Dysten Sp. z o.o.; Hitachi, Ltd; Huawei Technologies Co., Ltd; Singapore Technologies Engineering Ltd.; Teleste Corporation; Thales Group, and Wabtec Corporation are among the well-established players operating in the global passenger information system market.
The report segments the Global Passenger Information System market as follows:
By Component
- Solutions
- Services
By Location
- On Board
- In Station
By Mode of Transportation
- Roadways
- Railways
- Waterways and Airways
By Functional Model
- Multimedia Display
- Audio Systems
- Computing Systems
- Networking and Communication Devices
- Video Surveillance
- Content Management Systems
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Reasons to Buy:
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global Passenger Information System market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Passenger Information System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Passenger Information System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Focus over Consistent, Real-Time, and Reliable Passenger Information
5.1.2 Rising Frequency of Passenger Journey Through Public Transport
5.2 Restraint
5.2.1 Lack of Advanced Infrastructure along with High Costs Associated with PIS
5.3 Opportunity
5.3.1 Increasing adoption of IoT and big data to enhance passenger travel experiences
5.4 Future Trend
5.4.1 Adoption of Advanced Passenger Information System for Border Security and Control
5.5 Impact Analysis of Drivers and Restraints
6. Passenger Information System - Global Market Analysis
6.1 Passenger Information System Market Overview
6.2 Passenger Information System Market-Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning - Global Market Players
7. Passenger Information System Market Analysis - By Component
7.1 Overview
7.2 Passenger Information System Market, By Component (2019 and 2027)
7.3 Solution
7.3.1 Overview
7.3.2 Solution: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
8. Passenger Information System Market Analysis - By Location
8.1 Overview
8.2 Passenger Information System Market, By Location (2019 and 2027)
8.3 On Board
8.3.1 Overview
8.3.2 On Board: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
8.4 In Station
8.4.1 Overview
8.4.2 In Station: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
9. Passenger Information System Market Analysis - By Mode of Transportation
9.1 Overview
9.2 Passenger Information System Market, By Mode of Transportation (2019 and 2027)
9.3 Roadways
9.3.1 Overview
9.3.2 Roadways: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
9.4 Railways
9.4.1 Overview
9.4.2 Railways: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
9.5 Waterways and Airways
9.5.1 Overview
9.5.2 Waterways and Airways: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10. Passenger Information System Market Analysis - By Functional Model
10.1 Overview
10.2 Passenger Information System Market, By Component (2019 and 2027)
10.3 Multimedia Display
10.3.1 Overview
10.3.2 Multimedia Display: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10.4 Audio Systems
10.4.1 Overview
10.4.2 Audio Systems: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10.5 Computing Systems
10.5.1 Overview
10.5.2 Computing Systems: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10.6 Networking and Communication Devices
10.6.1 Overview
10.6.2 Networking and Communication Devices: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10.7 Video Surveillance
10.7.1 Overview
10.7.2 Video Surveillance: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
10.8 Content Management System
10.8.1 Overview
10.8.2 Content Management System: Passenger Information System Market - Revenue and Forecast to 2027 (US$ Mn)
11. Passenger Information System Market - Geographic Analysis
11.1 Overview
11.2 North America: Passenger Information System Market
11.3 Europe: Passenger Information System Market
11.4 Asia Pacific: Passenger Information System Market
11.5 Middle East and Africa: Passenger Information System Market
11.6 South America: Passenger Information System Market
12. Overview - Impact of Coronavirus outbreak
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12.6 South America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Merger and Acquisition
13.2 New Development
13.3 Market Initiative
14. Company Profiles
14.1 Dysten Sp. z o.o.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Alstom
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hitachi, Ltd.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Cubic Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Cisco Systems Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.6 Thales Group
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Wabtec Corporation
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Huawei Technologies Co., Ltd.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.9 Teleste Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Singapore Technologies Engineering Ltd.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
15. Appendix
15.1 About the Publisher
15.2 Word Index
For more information about this report visit https://www.researchandmarkets.com/r/47qdw3