Passenger Information System Market - Trends Forecast Till 2028

Market Overview

The Global Passenger Information System market is anticipated to reach USD 24.2 billion in 2021 growing at a CAGR of 11.3% during the forecasting period, 2021-2028.

A passenger information system is an audio, video, and GPS-based system which gives information about the location of public transport. It gives real-time transit of public transport and helps the passenger to be informed about the location and time of arrival and departure for the transport. There is 2 set of information provided by PIDS 1. Static information 2. Real-time information. The static information tells about the approximate time of arrival and departure whereas the real-time information helps the passenger to give real-time tracking of the public transport.

A passenger being more aware and informed along with increased use of smartphones for travel routes and real-time transit are some of the factors that have supported long-term expansion for the Passenger Information System industry.

Key Findings

The Global Passenger Information System market is segmented into Component, Location, Transportation Mode, and geography.

The component segment is segmented into Solutions and Services

Location segment is segmented into On Board and In Station

Transportation Mode segment is segmented into Railways (Trains and Trams), Roadways, and Airways and Waterways

Geographically, the global Passenger Information System market is sub-segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Passenger Information System market are Advantech (Taiwan), Alstom (France), Wabtec (US), Cubic (US), Cisco (US), Siemens (Germany), Hitachi (Japan), Huawei (Japan), Thales (France), Teleste (Finland), Televic Rail (Belgium), Mitsubishi Electric (Japan), ST Engineering (Singapore), DYSTEN (Poland), Lunetta (India), r2p (Germany), Indra (Spain), ICON Multimedia (Spain), Passio Technologies (US), LANCom (Slovenia), Simpleway (Czech Republic), EKE-Electronics (Finland), Medha Servo Drives (India), Quester Tangent (Canada), and LOT Group (Ukraine) among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for the Passenger Information System market to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope