The Passenger Information System Market

A passenger information system acts as a communication connection between a transport agency and passengers. Also referred as a customer information system, it offers real-time data of public transport through voice, visual or other media to users. It assists in tracking details of scheduling, news broadcasts, entertainment, and emergency communication services. In addition to this, it helps passengers in gaining relevant information about the status of various transportation mediums and allows them to plan their journeys better, which further increases passenger comfort and satisfaction. The key factors are the rising demand for transit agencies to provide reliable and precise real-time transit information to passengers. Moreover, the surge in demand for intelligent public transportation systems and the rising penetration of smartphones and other handheld devices with high connectivity will augment the global passenger information system industry in the future periods. In addition, the advancements in the telecommunication sector to allow rapid data transfer capabilities and increase in the adoption of the cloud, Internet of Things (IoT), and big data technologies in the transportation sector is projected to witness considerable growth of passenger information system. The rising usage of advertising and information systems and an increase in urban population and traffic in public transportation systems are anticipated to accelerate passenger information systems’ demand over the coming years. Apart from this, the high costs incurred in executing and maintaining the passenger information systems can hinder the market growth.

Furthermore, the surge in the number of passenger journeys made yearly by public transport mediums and rapidly increasing transport infrastructure across the world is positively influencing the market for the passenger information system. Additionally, the significantly rising government initiatives for smart cities and smart transportation are boosting the demand for the passenger information system market. The increasing efforts by transport IT solution providers to fulfill the demands of dynamic passenger information requirements and several state-of-the-art information channels will fuel the growth of the global passenger information system market share.  Furthermore, the increasing government initiatives to update the information systems along with the considerable investments in intelligent transportation systems by public and private sector companies accelerate the growth of the passenger information system market across the world.

The global Passenger Information System Market is segregated on the basis of component as Hardware, Software and Service. Based on Solution the global Passenger Information System Market is segmented in Passenger Information Display System, Announcement System, Infotainment System, Passenger Information Mobile Applications and Emergency Communication Systems. Based on Mode Of Transportation the global Passenger Information System Market is segmented in Railway, Roadway and Airway.

The global Passenger Information System Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Passenger Information System Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Advantech Co., Ltd., Alstom, Wabtec Corporation, Cubic Corporation, Cisco Systems, Inc. and others are among the major players in the global Passenger Information System Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In January 2021, Alstom acquired Bombardier Transportation a rail transport company. With this acquisition, Alstom would empower its leadership in the rising sustainable mobility market by reaching a crucial size in all geographies and integrating further solutions and assets as to better serve its customers worldwide.
• In June 2020, Wabtec introduced an air-filtration innovation known as BlueFilter to offer a clean and healthy environment for passengers on metro and trains. The TÜV-tested filter constantly offers fresh and clean air onboard metro and railcars by eliminating more than 90% of contaminants per air cycle. BlueFilter’s design eliminates contaminants which are 0.1 to 1,000 micrometers in size. These include bacteria, allergens, various dust and viruses.
• In January 2021, Cubic introduced Umo, a completely integrated set of platforms for riders, transport agencies and mobility service providers to supplement its current portfolio of transportation technology.

The global Passenger Information System Market has been segmented as below:

Passenger Information System Market, By Component

• Hardware
• Software
• Service

Passenger Information System Market, By Solution

• Passenger Information Display System
• Announcement System
• Infotainment System
• Passenger Information Mobile Applications
• Emergency Communication Systems

Passenger Information System Market, By Mode Of Transportation

• Railway
• Roadway
• Airway

Passenger Information System Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Passenger Information System Market, By Company

• Advantech Co., Ltd.
• Alstom
• Wabtec Corporation
• Cubic Corporation
• Cisco Systems, Inc.
• Siemens AG
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• Thales Group
• Teleste Corporation
• Televic Rail
• Mitsubishi Electric Corporation
• ST Engineering
• DYSTEN Sp. z o.o.
• Lunetta
• R2P GMBH
• Sistemas, S.A.
• ICON Multimedia S.L.
• Passio Technologies

The report covers the below scope:

• Global Passenger Information System Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Passenger Information System Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Passenger Information System Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Passenger Information System Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Passenger Information System Market share. Major industry players with significant revenue share include Advantech Co., Ltd., Alstom, Wabtec Corporation, Cubic Corporation, Cisco Systems, Inc. and others.

Why to Buy this Report:

• Gain detailed insights on the Passenger Information System industry trends
• Find complete analysis on the market status
• Identify the Passenger Information System Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Passenger Information System Market, By Component

5.1.      Key Points

5.2.  Hardware

5.3.  Software

5.4.  Service

6.    Passenger Information System Market, By Solution

6.1.      Key Points

6.2. Passenger Information Display System

6.3. Announcement System

6.4. Infotainment System

6.5.  Passenger Information Mobile Applications

6.6. Emergency Communication Systems

7.     Passenger Information System Market, By Mode Of Transportation

7.1.      Key Points

7.2.  Railway

7.3.  Roadway

7.4.  Airway

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- Passenger Information System Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Advantech Co., Ltd.

9.2. Alstom

9.3. Wabtec Corporation

9.4. Cubic Corporation

9.5.  Cisco Systems, Inc.

9.6. Siemens AG

9.7.  Hitachi, Ltd.

9.8. Huawei Technologies Co., Ltd.

9.9. Thales Group

9.10.    Teleste Corporation

9.11.      Televic Rail

9.12.    Mitsubishi Electric Corporatio

9.13.     ST Engineering

9.14.    DYSTEN Sp. z o.o.

9.15.     Lunetta

9.16.    R2P GMBH

9.17.     Sistemas, S.A.

9.18.    ICON Multimedia S.L.

9.19.    Passio Technologies