Passenger Information System Market Set for Rapid Expansion during the Forecast Period 2019-2025 | Alstom, Cubic, Hitachi, Indra, Mitsubishi Electric, Siemens, Singapore Technologies Electronics, Teleste

The passenger information system (PIS) is a solution, which provides relevant real time information to the passengers regarding the status of transportation mediums such as airplanes, trains, and buses. Passenger information system is the operating tool responsible for providing visual and audio information to passengers at stations and other transfer facilities. It includes information management related to routes through various platforms such as screens, indicator panels, and others. Moreover, it can be accessed from many channels such as internet-connected devices, computers, and phones. Web application for PIS displays real-time schedule information, and trip planning tool for the passengers can be accessed from any internet-connected device at real time.

The growth of the Passenger Information System Market is driven by the factors such as the need of transit agencies to keep passengers informed about their journey, increased adoption of IoT solutions in the transportation sector, surge in adoption of intelligent transportation systems, and rapid increase in the mobility solutions. In addition, development of the telecommunication sector has resulted in advanced data transfer capabilities, which propel the growth of this market. Moreover, growth in transportation sector and upsurge in demand of passengers to have real-time transit information drive the growth of the PIS market. However, dearth of advanced infrastructure facilities to install passenger information system and high cost associated with implementation & management of these systems hamper the growth of this market. On the contrary, adoption of cloud and big data technologies among developing economies is expected to create great opportunities for the market during the forecast period.

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The major players operating in the Passenger Information System Market are:
Alstom, Cubic Corporation, Hitachi, Ltd., Indra, Mitsubishi Electric Corporation, Siemens, Singapore Technologies Electronics Limited, Teleste Corporation, Thales, and Toshiba Corporation.

The global Passenger Information System Market is segmented based on component, solutions, mode of transportation, and geography.
– By component, the market is divided into hardware, software, and service.
– On the basis of solution, it is categorized into information display system, announcement systems, infotainment systems, passenger information mobile applications and emergency communication systems.
– Depending on mode of transportation, it is classified into airway, railway, and roadway.

Research objectives:-
– To study and analyze the global Passenger Information System consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Passenger Information System market by identifying its various sub-segments.
– Focuses on the key global Passenger Information System manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Passenger Information System with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Passenger Information System Market Size
2.2 Passenger Information System Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Passenger Information System Market Size by Manufacturers
3.2 Passenger Information System Key Players Head office and Area Served
3.3 Key Players Passenger Information System Product/Solution/Service
3.4 Date of Enter into Passenger Information System Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Passenger Information System Sales by Product
4.2 Global Passenger Information System Revenue by Product
4.3 Passenger Information System Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Passenger Information System Breakdown Data by End User

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