The Passenger Information System market in Europe is expected to grow from US$ 5,241.72 million in 2019 to US$ 12,663.64 million by 2027; it is estimated to grow at a CAGR of 11.8% from 2020 to 2027.
“Europe Passenger Information System Market” study by The Business Market Insights provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
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Leading Europe Passenger Information System market Players:
- Dysten Sp. z o.o
- Cisco Systems Inc.
- Cubic Corporation
- Hitachi, Ltd
- Huawei Technologies Co., Ltd
- Singapore Technologies Engineering Ltd.
- Teleste Corporation
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.
The report is a combination of qualitative and quantitative analysis of the Europe Passenger Information System Market. The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
Europe Passenger Information System Market Segmentation
Europe Passenger Information System Market, by Component
Europe Passenger Information System Market, by Location
- On Board
- In Station
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