Global Passenger Information System Market Growth (Status and Outlook) 2019-2024

The Passenger Information System, PIS, is the operating tool responsible for providing, at any time, visual and audio information to passengers at stations and transfer facilities, both automatically or programmed manually.
Passenger Information Systems are one of the most important elements of contemporary public transport. They significantly increase the travelling comfort for passengers, enabling them to obtain information needed to feel comfortable while travelling. The information for passengers is displayed both on-board, at railway stations, hubs, stops and on platforms. It is mainly shown by electronic information displays of various types and dimensions and audio information devices, which are controlled by specialized devices (auto computers) or directly by computers (stationary solutions) that are based on information obtained from the relevant databases. Visual information in vehicles is provided by electronic direction boards installed in the front of vehicles, on their sides, in the rear and inside. Depending on the needed resolution and the available installation place, displays with different dimensions are used.
PIS is an integrated system. PIS manufacturers not only provide equipment to customers, but also offer designation and consultancy services to their customers. Actually, a PIS project usually last for a period of two-three years, which is related with transportations’ project scheme.

According to this study, over the next five years the Passenger Information System market will register a 11.5% CAGR in terms of revenue, the global market size will reach US$ 1710 million by 2024, from US$ 990 million in 2019. In particular, this report presents the global revenue market share of key companies in Passenger Information System business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Passenger Information System market by product type, application, key companies and key regions.

This study considers the Passenger Information System value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
LCD Display System
LED Display System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Metro
Train
Airplane
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
EKE-Electronics
Teleste Corporation
Atos SE
Televic Group
SAIRA Electronics
AMiT
Indra
Thales Group
Mitsubishi Electric
Toshiba
Toyo Denki
Neusoft
Potevio
Sunwin Intelligent
Beijing Century Real Technology
GLARUN TECHNOLOGY
Shenzhen Beihai Rail Transit Technology
Contron

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Passenger Information System market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Passenger Information System market by identifying its various subsegments.
Focuses on the key global Passenger Information System players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in 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).
To project the size of Passenger Information System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.