Global Transit Station Display Boards Market, By Product (Single Line Display Board, Multiline Display Board, Platform Display Board, At-a-Glance Display Board, Coach Guidance Display Board, TV Display, Others), Installation (Wall Mounted, Overhead/Hanging, Standing), End User (Metro Train Stations, Mainline Train Stations, Underground/Subway Stations), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
In the forecast period from 2021 to 2028, the demand for transit station display boards is projected to witness market growth of 4.50%. The Data Bridge Market Research Report on the market for transit station display boards offers analysis and insights into the various factors expected to be prevalent during the forecast period, while providing their effect on the growth of the market.
The destination sign on incoming trains is augmented by a platform monitor or destination display, providing passengers with advance information. There is a rapid increase in demand for transit station display boards that serve as a contact channel between a transit agency and travellers. Transit station display boards minimise the time spent waiting for the bus or train from a customer perspective, provide access to real-time data, and allow them to make informed decisions about alternate or faster routes or modes.
The growing usages of the display board to provide passengers with timely and relevant information about the incoming and outgoing of trains and buses, display board tends to reduce time spent on waiting for bus or train while enable passenger to make informed decision about taking alternative route, rapid urbanization along with increase in traffic in open transits are some of the major as well as important factors which will likely to accelerate the growth of the transit station display boards market in the projected timeframe of 2021-2028. On the other hand, increasing security concern regarding public transportation system along with adoption of big data technologies for automation of transportation systems which will further contribute by generating immense opportunities that will led to the growth of the transit station display boards market in the above mentioned projected timeframe.
High installation cost along with complex integration requirements of associated components which will likely to act as market restraints factor for the growth of the transit station display boards in the above mentioned projected timeframe. Increasing need of regular maintenance which will become the biggest and foremost challenge for the growth of the market.
This transit station display boards market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on transit station display boards market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Transit Station Display Boards Market Scope and Market Size
Transit station display boards market is segmented on the basis of product, installation, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Transit station display boards market on the basis of product has been segmented as single line display board, multiline display board, platform display board, at-a-glance display board, coach guidance display board, TV display, and others.
- Based on installation, the transit station display boards market has been segmented into wall mounted, overhead/hanging, and standing.
- Transit station display boards have also been segmented on the basis of end user into metro train stations, mainline train stations, and underground/subway stations.
Transit Station Display Boards Market Country Level Analysis
Transit station display boards market is analysed and market size, volume information is provided by country, product, installation, and end user as referenced above.
The countries covered in the transit station display boards market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the transit station display boards market due to the growing number of technological advancement along with surging levels of investment for the development of network infrastructure in the region while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the rapid urbanization, growth of the transportation sector along with development of transportation network infrastructure in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Transit Station Display Boards Market Share Analysis
Transit station display boards market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to transit station display boards market.
The major players covered in the transit station display boards market report are Softway Consultancy Pvt Ltd; Oat Foundry.; SWARCO; Toshiba Infrastructure Systems & Solutions Corporation; LECIP INC.; ORTANA; Roctec Technology Limited.; TOYO DENKI SEIZO K.K.; Dysten Sp. z o.o.; NEXCOM International Co., Ltd.; Aesys S.p.A.; Cubic Transportation Systems, Inc.; Efftronics Systems Pvt. Ltd; Hitachi, Ltd.; Elen s.r.o.; TrainFX Ltd.; STRUKTON; GDS S.p.a; Wabtec Corporation; Cisco Systems, Inc.; Siemens Mobility; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.