Quick Summary:
The Automated Passenger Information Systems market is evolving rapidly, offering a wealth of opportunities for astute executives. With an estimated worth of US$7.6 Billion in 2022 and a forecasted value of US$14.2 Billion by 2030, this market is set to transform passenger experiences and transport initiatives across the globe. Our comprehensive market research report offers valuable insights that will allow you to navigate this dynamic landscape with confidence.
This report presents the most recent findings, revealing the significant growth in the Automated Passenger Information Systems sector. This includes the notable growth in sectors such as Passenger Information Systems and Automated Passenger Counting Systems. Stay ahead of emerging market trends with our in-depth analysis of key players like Cisco Systems, Inc., and Siemens AG. Delve into the state of the industry in powerhouse economies such as the United States and China, and identify opportunities for strategic positioning. This report is an essential tool for making informed decisions that will future-proof your business in this expanding field.
Global Automated Passenger Information Systems Market to Reach $14.2 Billion by 2030
The global market for Automated Passenger Information Systems estimated at US$7.6 Billion in the year 2022, is projected to reach a revised size of US$14.2 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Passenger Information Systems, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$8.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automated Passenger Counting Systems segment is readjusted to a revised 7.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 7.5% CAGR
The Automated Passenger Information Systems market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 7.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.Select Competitors (Total 42 Featured) -
- Cisco Systems, Inc.
- Clever Devices Ltd.
- DILAX Intelcom GmbH
- Ermetris Srl
- Eurotech SpA
- GMV Syncromatics
- HELLA GmbH & Co. KGaA
- Hitachi Ltd.
- Huawei Technologies Co., Ltd.
- Infodev Electronic Designers International Inc.
- INIT Innovation in Traffic Systems SE
- iris-GmbH infrared & intelligent sensors
- Passio Technologies
- Postec Technology
- Retail Sensing Ltd.
- Siemens AG
- Traksat
- Trapeze Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automated Passenger Information Systems?
What is the growth rate of the Global Market for Automated Passenger Information Systems?
What is the forecasted size of the Global Market for Automated Passenger Information Systems?
Who are the key companies in the Global Market for Automated Passenger Information Systems?
Report Attribute | Details |
---|---|
No. of Pages | 294 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.6 Billion |
Forecasted Market Value ( USD | $ 14.2 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cisco Systems, Inc.
- Clever Devices Ltd.
- DILAX Intelcom GmbH
- Ermetris Srl
- Eurotech SpA
- GMV Syncromatics
- HELLA GmbH & Co. KGaA
- Hitachi Ltd.
- Huawei Technologies Co., Ltd.
- Infodev Electronic Designers International Inc.
- INIT Innovation in Traffic Systems SE
- iris-GmbH infrared & intelligent sensors
- Passio Technologies
- Postec Technology
- Retail Sensing Ltd.
- Siemens AG
- Traksat
- Trapeze Group