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)
North America Passenger Information System Market Forecast to 2027 – COVID-19 Impact and 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)
Number of Pages: 84
Market Introduction
The North American region constitutes developed economies such as the U.S. and Canada, and Mexico as a developing nation. North America is considered to be one of the most advanced regions with regards to advanced technology adoption and network infrastructure. Governments in this region are taking various initiatives to digitalize and improve the information system across the public transport sector. Furthermore, most transport sectors have implemented passenger information system solutions and services in the region on a large scale as the network connectivity is available in every corner. Rising ridership in public transport is also propelling the demand for passenger information system solutions in North America. North American countries highly focus on development in transportation infrastructure coupled with high investments in intelligent transportation systems made by private and public sector companies. According to the U.S. Department of Transportation, in 2018, the department invested a total of USD 63.9 billion in major transportation infrastructure projects across the country.
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Market Overview and Dynamics
The Passenger Information System market in North America 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. Passenger information system is used to establish strong communication link between a transit authorities and passengers by delivering to real-time data with respect to location of vehicle along with schedule of journey, timely announcements and the overall updates required by passengers. Such types of system are basically used to enhance the overall experience of passengers while transit by keeping them updated data along with entertaining the passengers using various infotainment systems. Such systems are interconnected set of devices, deployed on platform, bus stands, subway, port and others to dissipate real time information about bus, train or flight. Rising focus over consistent, real-time, and reliable passenger information along with rising frequency of passenger journey through public transport are positively impacting the growth of the market.
COVID 19 has impacted the major countries of North America. Most of the countries in the region are under lockdown, which is impacting the passenger information system market. The US has the highest number of confirmed cases of the COVID-19 infection among all North American countries. This is likely to impact the food and beverages industry in the region, mainly due disrupted supply and distribution chains.
Key Market Segments
In terms of component, the solution segment accounted for the largest share of the North America Passenger Information System Market. In 2019 In terms of location, In Station segment held the largest market share in 2019. In terms of mode of location, roadways sector accounted for the largest share of the North America Passenger Information System Market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America Passenger Information System market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Alstom, Cisco Systems Inc., Cubic Corporation, Hitachi, Ltd, Huawei Technologies Co., Ltd, Singapore Technologies Engineering Ltd., Teleste Corporation, Thales Group and Wabtec Corporation.
Reasons to Buy Report
- Understand the North America Passenger Information System Market landscape and identify segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in North America
- Efficiently plan mergers and acquisitions, and partnership deals in the North America Passenger Information System Market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain market revenue forecast for market by various segments for the period 2019–2027
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
Company Profiles
- Alstom
- Cisco Systems Inc.
- Cubic Corporation
- Hitachi, Ltd
- Huawei Technologies Co., Ltd
- Singapore Technologies Engineering Ltd.
- Teleste Corporation
- Thales Group
- Wabtec Corporation
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