DUBLIN--(BUSINESS WIRE)--The "Passenger Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global passenger information system market grew at a CAGR of around 14% during 2014-2019. Looking forward, the publisher expects the global passenger information system market to exhibit strong growth during the next five years.
A passenger information system acts as a communication link between a transit agency and passengers. Also known as a customer information system, it provides real-time data of public transport through voice, visual or other media to users. It helps in tracking details of scheduling, entertainment, news broadcasts, and emergency communication services. Besides this, it assists passengers in attaining relevant information about the status of different transportation mediums and enables them to plan their journeys better, which further increases passenger comfort and satisfaction.
The escalating demand for reliable and accurate real-time transit information by passengers represents one of the key factors propelling the passenger information system market growth. Apart from this, a rise in the demand for intelligent transportation systems, in confluence with advancements in the telecommunication sector to enable faster data transfer capabilities, is also fueling the market growth.
Moreover, an increase in demand for intelligent transportation systems and a surge in the adoption of the Internet of Things (IoT), cloud and big data technologies in the transportation sector are driving the sales of passenger information systems across the globe. At present, due to a significant rise in the cases of the coronavirus disease (COVID-19), lockdowns have been imposed by governments of various countries. They are promoting the adoption of social distancing measures to avoid the spread of the pandemic, which is negatively impacting the market growth. However, the market is anticipated to experience growth once normalcy is regained.
Companies Mentioned
- Advantech Co. Ltd.
- Cisco Systems Inc.
- Cubic Corporation
- Hitachi Ltd.
- Huawei
- Indra Sistemas S.A.
- Infax Inc.
- Mitsubishi Electric Corp.
- Passio Technologies
- Siemens
- Teleste Oyj
Key Questions Answered in This Report:
- How has the global passenger information system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global passenger information system market?
- What are the key regional markets?
- What is the breakup of the market based on the mode of transport?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the system type?
- What is the breakup of the market based on the location?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global passenger information system market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Passenger Information System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Mode of Transport
6.1 Airways
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Railways
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Roadways
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1 Hardware and Software
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Services
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by System Type
8.1 Multimedia Displays
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Audio Systems
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Computing Systems
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Networking and Communication Devices
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Video Surveillance Systems
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Content Management System
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Location
9.1 On Board
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 In Station
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/9c9cl8