Passenger Information System Market by Component, Location, Functional Model, Mode of Transportation, End-user

Description

List of Tables

[195 Pages Report] The Passenger Information System Market size was estimated at USD 28.18 billion in 2023 and expected to reach USD 31.60 billion in 2024, at a CAGR 13.49% to reach USD 68.35 billion by 2030.

A passenger information system is an advanced system designed to provide real-time information to passengers about various aspects of public transportation services. This system is crucial for enhancing the travel experience, enabling efficient journey planning, and supporting the operational management of transport services. PIS can deliver timely updates about schedules, delays, routes, connections, and other travel advisories to passengers. Government regulations regarding passenger safety and real-time access to transit data fuel the adoption of PIS. Smartphones and wireless networks complement the growth, allowing for more sophisticated, app-based information systems. However, high initial investments for infrastructure development limit the adoption of passenger information systems. In addition, concerns over data privacy and the complexity of integrating different transportation modes into a single, seamless information system hinder market growth. Furthermore, technological advancements in communication, the rise of mobile computing, and increased customer expectations for infotainment services pose lucrative opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 28.18 billion
Estimated Year [2024]	USD 31.60 billion
Forecast Year [2030]	USD 68.35 billion
CAGR (%)	13.49%

Component: Transport agencies prioritized hardwares based on durability, visibility and technical compatibility

Hardware forms the backbone of any Passenger Information System, comprising the physical components necessary for information display and dissemination. These include display boards, public address systems, networking peripherals, and on-vehicle equipment, including monitors and announcement systems. Transport agencies primarily select hardware based on durability, visibility, cost-effectiveness, and technical compatibility with the existing infrastructure. Services in the Passenger Information System market encompass a range of offerings, including installation, maintenance, training, and support. These ensure the hardware and software components perform optimally throughout their life cycles. Transport operators prioritize services based on reliability, response times, and comprehensive coverage. Software is the intelligence layer of passenger information systems, facilitating the management and dissemination of data via hardware elements. It includes the operating systems, middleware, management platforms, and applications that enable dynamic scheduling, updates, and real-time passenger communication. The choice of software for PIS is dominated by criteria such as user-friendliness, integration capabilities with other platforms, and the ability to provide real-time updates.

Location: Growing preference of in stations PIS for sharing real-time train scheduling and routing

Passenger Information Systems (PIS) in stations are designed to assist passengers during the initial and intermediary stages of their journey. They provide critical information on train schedules, platform changes, delays, and cancellations. In-station systems often employ a multitude of display types and audio announcements that cater to a wide demographic, including visually and auditory-impaired passengers. The on-board segment of Passenger Information Systems is crucial for delivering real-time information while the passengers are in transit. They include dynamic displays, audio announcements, and often interactive services within the vehicles such as trains, buses, and trams.

Functional Model: Investment in R&D activities to develop advance computing systems and multimedia display

The audio systems in a passenger information system (PIS) are crucial for delivering audible announcements to passengers. These systems typically consist of microphones, amplifiers, speakers, and control units. Their primary function is to facilitate clear and intelligible broadcasting of announcements regarding departures, arrivals, safety information, and other transit-related updates. Advanced audio systems in PIS can be automated and integrated with other systems to provide real-time announcements triggered by events or sensor data. Computing systems are responsible for gathering, processing, and disseminating data to the various components of the PIS. This includes controlling the flow of information to displays, audio systems, and other peripherals. Also, they are integral to analyzing passenger travel patterns, service efficiency, and incident management. These computing systems require robust and reliable hardware capable of operating in various environmental conditions and software to handle real-time data processing and system monitoring. Multimedia displays are the visual components of the passenger information system tasked with presenting data to passengers in an accessible manner. These may include LCD, LED, and TFT screens capable of showing dynamic content such as travel information, maps, advertising, and emergency notices. The displays are located within transportation vehicles and on platforms and waiting areas. They are typically connected to the CMS for content updates and the computing systems for real-time information delivery. High visibility and readability in various lighting conditions are essential for these displays. Networking and communication devices ensure interconnectivity within the passenger information system. They enable the seamless data transmission between the computing systems, audio and multimedia displays, and other components. This category includes wired and wireless devices like routers, switches, modems, and access points. Communication protocols and network security are vital aspects of this function to ensure reliable and secure transfer of information across the network. These devices allow the system to scale and integrate with new emerging technologies. Video surveillance systems are increasingly being integrated into passenger information systems to enhance security for passengers and staff. This function includes installing cameras within vehicles and around transit facilities to monitor and record activities. The video feeds from these cameras are used for real-time surveillance, forensic analysis in the event of incidents, and for improving service management. The data from video surveillance is also integrated into the computing systems to inform passengers about crowd levels and expected wait times.

Mode of Transportation: Increasing demand across roadways for flexible route planning

The airway and waterway of the passenger information system (PIS) focuses on providing crucial real-time information to passengers via audio and visual means at airports and seaports. A key need for air and water transport is the requirement for accurate, up-to-the-minute information, given the complexity of operations, sensitivity to weather conditions, and the critical importance of maintaining tight schedules. Railway passenger information systems prioritize regular updates and comprehensive service information to assist with trip planning and on-the-go adjustments for passengers. Roadway passenger information systems are vital for bus stations and other road-based transportation hubs. These systems must address traffic condition updates, bus arrival predictions, and transit directions. Timeliness and accessibility are key for a demographic that is often mobile and requires information updates on short notice.

Regional Insights

In the Americas, the United States and Canada exhibit increasing demand for passenger information systems as part of their broader smart city initiatives and emphasis on intelligent transportation systems (ITS). Consumers in this region value real-time updates, mobile accessibility, and system reliability. The American region leads in the adoption of advanced technologies such as GPS, IoT, and mobile applications intended to enrich the user experience for travelers. The American region witnessed a growing emphasis on sustainable transportation infrastructure, with investments in greener and more efficient passenger information systems. The EMEA region presents a heterogeneous market with varied consumer needs and customer purchasing behaviors. In the EU, there is a strong focus on passenger rights, data privacy, and interoperability among member states, underpinning the need for advanced, integrated systems that provide timely and accurate information to passengers. In the Middle East, where there are significant investments in public infrastructure and smart cities, passenger information systems are becoming increasingly sophisticated. Smart city initiatives across the Middle East countries promote the adoption of advanced passenger information systems. In the Asia Pacific region, there's a rapidly growing demand for advanced passenger information systems, propelled by increasing investments in smart transportation solutions. Countries including China, Japan, and India are leading the way with their focus on enhancing commuter experience and pushing for technological adoption in public transport. Consumer needs in Asia Pacific are driven by a high population density and the need for efficient, reliable, and real-time transit information.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Passenger Information System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Passenger Information System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Passenger Information System Market, highlighting leading vendors and their innovative profiles. These include Advantech Co., Ltd., Alstom SA, AMiT, spol. s r.o., Autometers Alliance Ltd., Cisco Systems Inc., Cubic Corporation, DYSTEN Ltd, Efftronics Systems Pvt. Ltd., Hitachi, Ltd., Indra Sistemas, S.A., JHC Technology Development Co., Lanner Electronics Canada Ltd., Lubi Industries LLP, Lunetta, Medha Servo Drives Private Limited, Mitsubishi Electric Corporation, NEC Corporation, Optitech, Pickcel, R2P GMBH, Siemens Mobility, ST Engineering, Teleste Corporation, Televic Group NV, Thales Group, Toshiba Corporation, and Wabtec Corporation.

Market Segmentation & Coverage

This research report categorizes the Passenger Information System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
- Services
- Software

Location
- In Station
- On Board

Functional Model
- Audio Systems
- Computing Systems
- Content Management Systems
- Multimedia Display
- Networking & Communication Devices
- Video Surveillance

Mode of Transportation
- Airway & Waterway
- Railway
- Roadway

End-user
- Private Transportation Operators
- Public Transport Authorities

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Passenger Information System Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Passenger Information System Market?

3. What are the technology trends and regulatory frameworks in the Passenger Information System Market?

4. What is the market share of the leading vendors in the Passenger Information System Market?

5. Which modes and strategic moves are suitable for entering the Passenger Information System Market?

Product Code: MRR-46132FF79CAA

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Government initiatives for smart cities and and emphasis on smart transportation solutions
  - 5.1.1.2. Growing demand for fleet optimization and intelligent public transportation systems
  - 5.1.1.3. Extensive use of smartphones and other handheld devices
- 5.1.2. Restraints
  - 5.1.2.1. High costs associated with installation and maintenance of passenger information system
- 5.1.3. Opportunities
  - 5.1.3.1. Enhancing predictive capabilities for traffic patterns, maintenance, and scheduling to optimize system efficiency
  - 5.1.3.2. Adoption of IoT, 5G, and automation technologies to enhance technological optimization in transportation sector
- 5.1.4. Challenges
  - 5.1.4.1. Concerns over data privacy and the complexity of integrating different transportation modes
5.2. Market Segmentation Analysis
- 5.2.1. Component: Transport agencies prioritized hardwares based on durability, visibility and technical compatibility
- 5.2.2. Location: Growing preference of in stations PIS for sharing real-time train scheduling and routing
- 5.2.3. Functional Model: Investment in R&D activities to develop advance computing systems and multimedia display
- 5.2.4. Mode of Transportation: Increasing demand across roadways for flexible route planning
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Passenger Information System Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software

7. Passenger Information System Market, by Location

7.1. Introduction
7.2. In Station
7.3. On Board

8. Passenger Information System Market, by Functional Model

8.1. Introduction
8.2. Audio Systems
8.3. Computing Systems
8.4. Content Management Systems
8.5. Multimedia Display
8.6. Networking & Communication Devices
8.7. Video Surveillance

9. Passenger Information System Market, by Mode of Transportation

9.1. Introduction
9.2. Airway & Waterway
9.3. Railway
9.4. Roadway

10. Passenger Information System Market, by End-user

10.1. Introduction
10.2. Private Transportation Operators
10.3. Public Transport Authorities

11. Americas Passenger Information System Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Passenger Information System Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Passenger Information System Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. VIX Technology Announces Acquisition of Mybus: A Milestone For Intelligent Transportation Systems
- 14.3.2. NEC to Pioneer Intelligent Transportation System in India's UPSRTC Buses
- 14.3.3. EUROFIMA Provides New Financings of EUR 31 Million to HZPP
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio