Next-Generation Passenger Information System Improving Commuter Experience

Passenger information systems (PIS) have diverse applications in transportation, including buses, trains, subways, airports, and more. They provide real-time updates on schedules, arrivals, departures, and delays, enhancing passenger convenience and reducing waiting times. PIS features interactive displays, multimedia content, and integration with mobile apps for a user-friendly experience. They also offer wayfinding assistance, emergency alerts, and safety information. PIS optimizes transportation services by delivering timely, accurate information to passengers, ensuring a seamless and efficient travel experience across various modes of public transport.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-passenger-information-system-market

Data Bridge Market Research analyses that the Global Passenger Information System Market is valued at USD 78,41,817 thousand in 2021 and is expected to reach USD 15,284,564.68 thousand by 2029, registering a CAGR of 8.7% during the forecast period of 2022 to 2029. In today's fast-paced world, passengers demand real-time updates to stay informed about their travel plans. They expect timely and accurate information on arrivals, departures, delays, and other travel-related details to make informed decisions, minimize waiting times, and ensure a smooth and hassle-free travel experience.

Key Findings of the Study

Urbanization and growing commuter traffic are expected to drive the market's growth rate

As urban populations grow and commuter traffic intensifies, the need for efficient passenger information systems becomes crucial to manage and optimize transportation services. These systems help alleviate congestion, improve scheduling, and enhance the overall commuter experience. Providing real-time updates, travel options, and alternate routes, passenger information systems enable cities to better handle the increasing demand for transportation, ensuring smoother travel and reducing delays for a rapidly growing number of commuters.

Report Scope and Market Segmentation

Segment Analysis:

The passenger information system market is segmented on the basis of product, type, location, and transportation mode. 

• On the basis of product, the global passenger information system market is segmented into hardware, software, and services. In 2022, the software segment is expected to dominate the market during the forecast period 2022 to 2029 as convenience and round-the-clock accessibility of a service make it highly appealing to users.

In 2022, the software segment is expected to dominate the market during the forecast period 2022 to 2029

In 2022, the software segment is expected to dominate the market during the forecast period 2022 to 2029 due to its critical role in processing and managing real-time data. Passenger information systems heavily rely on software to collect, analyze, and disseminate information to travellers. The software segment's prominence is attributed to its ability to provide accurate and up-to-date information, enhancing passenger experiences and ensuring seamless operations in transportation networks worldwide.

• On the basis of type, the global passenger information system market is segmented into passenger information display systems, passenger information announcement systems, emergency communication systems, infotainment systems, and passenger information mobile application. In 2022, the passenger information display systems segment is expected to dominate the market during the forecast period 2022 to 2029 as a rise in the number of passengers has led to a broad spectrum of applications for the service within the transportation industry.
• On the basis of location, the global passenger information system market is segmented into on board and in station. In 2022, the on board segment is expected to dominate the market during the forecast period 2022 to 2029 as there is a continuous increase in the number of fleets or vehicles used for transportation.
• On the basis of transportation, the global passenger information system market is segmented into railways, roadways, and airways. In 2022, the railways segment is expected to dominate the market during the forecast period 2022 to 2029 as railway travel is the preferred choice for passengers compared to other modes of transportation.

In 2022, the railways segment is expected to dominate the market during the forecast period 2022 to 2029

In 2022, the railways segment is expected to dominate the market during the forecast period 2022 to 2029 due to the extensive use of such systems in train transportation. Railways require comprehensive information systems to efficiently manage and communicate real-time updates to passengers regarding arrivals, departures, delays, and other essential travel details. The large-scale implementation of passenger information systems in railways has resulted in their prominence, making them a crucial element for enhancing the overall commuter experience and ensuring smooth and reliable train travel.

Major Players

Data Bridge Market Research recognizes the following companies as the major passenger information system market players in passenger information system market are Medha Servo Drives Private Limited (India), Mitsubishi Electric Corporation (Japan), Toshiba Infrastructure Systems & Solutions Corporation (Japan), Advantech Co., Ltd. (Taiwan), Teleste Corporation (Finland), ALSTOM (France)

Market Developments

• In June 2020, Mitsubishi Electric Corporation has recently completed the acquisition of EKE-Electronics Ltd., a renowned Finnish manufacturer specializing in train information systems. This strategic acquisition aims to foster strong business collaboration between Mitsubishi Electric and EKE-Electronics, with the shared goal of bolstering their presence and expanding their train passenger information systems business in international markets.
• 2022년 6월, Wabtec은 Collins Aerospace의 ARINC 철도 사업을 성공적으로 인수했습니다. 이를 통해 미국과 캐나다 전역의 지역, 도시 간, 지하철, 통근 및 경전철 네트워크를 아우르는 대중 교통 시스템에 서비스를 제공하게 됩니다.
• 2022년 4월, 알스톰과 ENGIE는 파트너십 계약을 통해 철도 화물 산업에 본선 운행 시 탄소 배출량 감축 솔루션을 제공하기 위한 협력을 체결했습니다. 여기에는 디젤 기관차를 수소 동력 기관차로 교체하는 것이 포함됩니다.
• 2022년 4월, 히타치 레일은 열차 성능과 신뢰성을 향상시키는 혁신적인 디지털 솔루션으로 유명한 영국의 선도적인 철도 기술 기업인 퍼페툼(Perpetuum)의 인수를 완료했습니다. 이 전략적 조치는 히타치의 전 세계 운송 포트폴리오 내에서 퍼페툼의 기술 솔루션 활용도를 향상시키고 확대하는 것을 포함합니다.

지역 분석

지리적으로 승객 정보 시스템 시장 보고서에서 다루는 국가는 북미의 미국, 캐나다 및 멕시코, 유럽의 독일, 프랑스, ​​영국, 네덜란드, 스위스, 벨기에, 러시아, 이탈리아, 스페인, 터키, 유럽의 기타 유럽, 중국, 일본, 인도, 한국, 싱가포르, 말레이시아, 호주, 태국, 인도네시아, 필리핀, 아시아 태평양(APAC)의 기타 아시아 태평양(APAC), 사우디 아라비아, UAE, 남아프리카 공화국, 이집트, 이스라엘, 중동 및 아프리카(MEA)의 일부인 기타 중동 및 아프리카(MEA), 남미의 일부인 기타 남미입니다.

Data Bridge Market Research 분석에 따르면:

북미는 2022년부터 2029년까지의 예측 기간 동안 글로벌 승객 정보 시스템 시장 에서 지배적인 지역입니다.

2022년 북미는 전기차와 자율주행차를 포함한 최신 자동차 시스템이 정교한 전자 부품, 센서, 그리고 통신 네트워크에 크게 의존함에 따라 승객 정보 시스템 시장을 장악했습니다. 이러한 기술에 대한 수요 증가에 대응하기 위해 자동차 전선 및 케이블 제조업체들은 내구성, 내열성, 그리고 데이터 전송 기능이 향상된 고성능 솔루션을 개발해 왔습니다. 엄격한 산업 표준은 안전 및 성능 요건 준수를 보장하며, 이를 통해 현대 자동차의 전반적인 성능과 안전에 중요한 역할을 하는 안정적이고 효율적인 배선 솔루션을 제공합니다.

아시아 태평양 지역은 2022년부터 2029년까지의 예측 기간 동안 상당한 성장을 보일 것으로 예상됩니다.

2022년 아시아 태평양 지역은 교통 및 통신 시스템 혁신과 기술 발전의 중심지 역할을 함에 따라 상당한 성장을 보일 것으로 예상됩니다. 제조 시설이 집중되어 있어 효율적인 생산, 규모의 경제, 그리고 신속한 자원 접근이 가능합니다. 또한, 탄탄한 산업 생태계는 협력, 연구 개발 이니셔티브를 촉진하여 제조업체가 현대 교통망의 다양한 요구를 충족하고 원활한 실시간 업데이트를 제공하여 통근 경험을 향상시키는 최첨단 승객 정보 시스템을 구축할 수 있도록 지원합니다.

승객 정보 시스템 시장 보고서 에 대한 자세한 내용은 여기를 클릭하세요 - https://www.databridgemarketresearch.com/reports/global-passenger-information-system-market