North America Passenger Information System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Solution and Services), Location (On Board and In Station), Mode of Transportation (Roadways, Railways, and Waterways and Airways), and Functional Model (Multimedia Display, Audio Systems, Computing Systems, Networking and Communication Devices, video Surveillance, and Content Management Systems)
The North America Passenger Information System market is expected to grow from US$ 5,912.57 million in 2019 to US$ 13,257.96 million by 2027; it is estimated to grow at a CAGR of 10.7% from 2020 to 2027.
The US, Canada and Mexico are major economies in North America. Rising focus over consistent, real-time, and reliable passenger information will drive the North America Passenger Information System Market. Passenger information system market acts as the secured link between a transit agency and passengers, providing and dispersing the significant information needed for each of its end-user. Such systems record and tracks down the necessary data related to real-time vehicle location along with current status updates, tentative schedule of journey, and much more. Such systems, thus, important information required by its end user, reaches in no-time without any defaults or changes, hence, such systems hold significance across the world. These systems deploy the use of several interconnected devices, installed on platform or depots or any mode of transportation. They manage data and deliver reliable and accurate real-time transit information which is significantly promoting the growth of passenger information system market. A reliable information regarding change in routes, arrival times, connections, disruptions, and other services needs to pour in real time, which has propelled the demand for effective passenger information system. Furthermore, advancements in the telecommunication sector to enable faster data transfer capabilities, surge in IoT adoption in transportation sector, and increase in demand for intelligent transportation systems are the major factors responsible for the growth of the market.
Presently, major countries in North America are under lockdown due to the COVID 19 pandemic. In the high-impact countries in the region, isolation and social distancing measures have been put in place. The lesser production of goods and commodities is hampering the growth of the North America Passenger Information System Market as the demand for these solutions has declined over the past couple of months. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America Passenger Information System Market. The market is expected to grow at a good CAGR during the forecast period.
North America Passenger Information System Market Revenue and Forecast to 2027 (US$ Mn)
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North America Passenger Information System Market Segmentation
North America Passenger Information System Market, by Component
- Solution
- Services
North America Passenger Information System Market, by Location
- On Board
- In Station
North America Passenger Information System Market – by Mode of Transportation
- Roadways
- Railways
- Waterways and Airways
North America Passenger Information System Market – by Functional Model
- Multimedia display
- Audio Systems
- Computing Systems
- Networking and Communication Devices
- Video Surveillance
- Content Management Systems
North America Passenger Information System market – by Country
- US
- Canada
- Mexico
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Passenger Information System Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Passenger Information System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Focus over Consistent, Real-Time, and Reliable Passenger Information
5.1.2 Rising Frequency of Passenger Journey Through Public Transport
5.2 Restraint
5.2.1 Lack of Advanced Infrastructure along with High Costs Associated with PIS
5.3 Opportunity
5.3.1 Increasing adoption of IoT and big data to enhance passenger travel experiences
5.4 Future Trend
5.4.1 Adoption of Advanced Passenger Information System for Border Security and Control
5.5 Impact Analysis of Drivers and Restraints
6. Passenger Information System– North America Market Analysis
6.1 Passenger Information System Market Overview
6.2 North America Passenger Information System Market–Revenue and Forecast to 2027 (US$ Mn)
7. Passenger Information System Market Analysis – By Component
7.1 Overview
7.2 North America Passenger Information System Market, By Component (2019 and 2027)
7.3 Solution
7.3.1 Overview
7.3.2 Solution: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
8. Passenger Information System Market Analysis – By Location
8.1 Overview
8.2 North America Passenger Information System Market, By Location (2019 and 2027)
8.3 On Board
8.3.1 Overview
8.3.2 On Board: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 In Station
8.4.1 Overview
8.4.2 In Station: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
9. Passenger Information System Market Analysis – By Mode of Transportation
9.1 Overview
9.2 North America Passenger Information System Market, By Mode of Transportation (2019 and 2027)
9.3 Roadways
9.3.1 Overview
9.3.2 Roadways: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
9.4 Railways
9.4.1 Overview
9.4.2 Railways: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
9.5 Waterways and Airways
9.5.1 Overview
9.5.2 Waterways and Airways: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10. Passenger Information System Market Analysis – By Functional Model
10.1 Overview
10.2 North America Passenger Information System Market, By Component (2019 and 2027)
10.3 Multimedia Display
10.3.1 Overview
10.3.2 Multimedia Display: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10.4 Audio Systems
10.4.1 Overview
10.4.2 Audio Systems: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10.5 Computing Systems
10.5.1 Overview
10.5.2 Computing Systems: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10.6 Networking and Communication Devices
10.6.1 Overview
10.6.2 Networking and Communication Devices: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10.7 Video Surveillance
10.7.1 Overview
10.7.2 Video Surveillance: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
10.8 Content Management System
10.8.1 Overview
10.8.2 Content Management System: Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
11. Passenger Information System Market – Country Analysis
11.1 Overview
11.1.1 North America: Passenger Information System Market, by Key Country
11.1.2 US: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
11.1.2.1.1 US: Passenger Information System Market, by Component
11.1.2.1.2 US: Passenger Information System Market, by Location
11.1.2.1.3 US: Passenger Information System Market, by Mode of Transportation
11.1.2.1.4 US: Passenger Information System Market, by Functional Model
11.1.2.2 Canada: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
11.1.2.2.1 Canada: Passenger Information System Market, by Component
11.1.2.2.2 Canada: Passenger Information System Market, by Location
11.1.2.2.3 Canada: Passenger Information System Market, by Mode of Transportation
11.1.2.2.4 Canada: Passenger Information System Market, by Functional Model
11.1.2.3 Mexico: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
11.1.2.3.1 Mexico: Passenger Information System Market, by Component
11.1.2.3.2 Mexico: Passenger Information System Market, by Location
11.1.2.3.3 Mexico: Passenger Information System Market, by Mode of Transportation
11.1.2.3.4 Mexico: Passenger Information System Market, by Functional Model
12. Overview- Impact of Coronavirus outbreak
12.1 North America: Impact Assessment of COVID-19 Pandemic
13. Company Profiles
13.1 Alstom
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Hitachi, Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cubic Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cisco Systems Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.5 Thales Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Wabtec Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Huawei Technologies Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.8 Teleste Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Singapore Technologies Engineering Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Passenger Information System Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. US Passenger Information System Market, by Component – Revenue and Forecast to 2027 (USD Million)
Table 3. US Passenger Information System Market, by Location– Revenue and Forecast to 2027 (USD Million)
Table 4. US Passenger Information System Market, by Mode of Transportation– Revenue and Forecast to 2027 (USD Million)
Table 5. US Passenger Information System Market, by Functional Model– Revenue and Forecast to 2027 (USD Million)
Table 6. Canada Passenger Information System Market, by Component– Revenue and Forecast to 2027 (USD Million)
Table 7. Canada Passenger Information System Market, by Location – Revenue and Forecast to 2027 (USD Million)
Table 8. Canada Passenger Information System Market, by Mode of Transportation – Revenue and Forecast to 2027 (USD Million)
Table 9. Canada Passenger Information System Market, by Functional Model– Revenue and Forecast to 2027 (USD Million)
Table 10. Mexico Passenger Information System Market, by Component– Revenue and Forecast to 2027 (USD Million)
Table 11. Mexico Passenger Information System Market, by Location – Revenue and Forecast to 2027 (USD Million)
Table 12. Mexico Passenger Information System Market, by Mode of Transportation – Revenue and Forecast to 2027 (USD Million)
Table 13. Mexico Passenger Information System Market, by Functional Model – Revenue and Forecast to 2027 (USD Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Passenger Information System Market Segmentation
Figure 2. North America Passenger Information System Market Segmentation – By Countryy
Figure 3. North America Passenger Information System Market Overview
Figure 4. Solution Segment Held Largest Share of North America Passenger Information System Market
Figure 5. US Region Held Largest Share of North America Passenger Information System Market
Figure 6. North America Passenger Information System Market, Key Market Players
Figure 7. North America PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. North America Passenger Information System Market Impact Analysis of Drivers and Restraints
Figure 11. North America Passenger Information System Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. North America Passenger Information System Market Revenue Share, By Component (2019 and 2027)
Figure 13. Solution: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 14. Services: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 15. North America Passenger Information System Market Revenue Share, By Location (2019 and 2027)
Figure 16. On Board: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 17. In Station: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 18. North America Passenger Information System Market Revenue Share, By Mode of Transportation (2019 and 2027)
Figure 19. Roadways: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 20. Railways: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 21. Waterways and Airways: North America Passenger Information System Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 22. North America Passenger Information System Market Revenue Share, By Component (2019 and 2027)
Figure 23. Multimedia Display: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 24. Audio Systems: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 25. Computing Systems: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 26. Networking and Communication Devices: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 27. Video Surveillance: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 28. Content Management System: North America Passenger Information System Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 29. North America: Passenger Information System Market Revenue Share, by Key Country (2019 and 2027)
Figure 30. US: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Canada: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. Mexico: Passenger Information System Market –Revenue and Forecast to 2027 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in North American Country Markets
- Alstom
- Cisco Systems Inc.
- Cubic Corporation
- Hitachi, Ltd
- Huawei Technologies Co., Ltd
- Singapore Technologies Engineering Ltd.
- Teleste Corporation
- Thales Group
- Wabtec Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Passenger Information System Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Passenger Information System Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Passenger Information System Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution