Passenger Information System Market Analysis, Size, and Growth (2024-2031)
Passenger Information System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 29.56 Billion |
Market Size by 2031 | US$ 67.89 Billion |
Global CAGR (2023 - 2031) | 11.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Passenger Information System Market News and Recent Developments
The passenger information system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In January 2021, to expand its current transportation technology portfolio, Cubic Corporation introduced the "UMO" completely integrated suite of platforms for mobility, riders, service providers, and transit authorities. UMO is a flexible suite of tools that lets users schedule travel on both public and private transportation, pay for it, get rewards for traveling, and receive up-to-date information to increase their mobility.
(Source: Cubic Corporation, Company Website)
- In June 2020, the "BlueFiIter" air-filtration device was introduced by Wabtec Corporation to give passengers on trains and metros a clean, healthful environment. In railcars, BlueFilter eliminates over 90% of contaminants.
(Source: Wabtec Corporation, Company Website)
Passenger Information System Market Report Coverage and Deliverables
The "Passenger Information System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles