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Global Passenger Information System Market Is Growing at a CAGR of 11.5% and Expected to Reach USD 1.71 Billion by 2024; Finds New Report


Lewes, DE -- (SBWIRE) -- 04/25/2019 -- The Passenger Information System, PIS, is the operating tool responsible for providing, at any time, visual and audio information to passengers at stations and transfer facilities, both automatically or programmed manually.

Scope of the Report:
Passenger Information Systems are one of the most important elements of contemporary public transport. They significantly increase the travelling comfort for passengers, enabling them to obtain information needed to feel comfortable while travelling. The information for passengers is displayed both on-board, at railway stations, hubs, stops and on platforms. It is mainly shown by electronic information displays of various types and dimensions and audio information devices, which are controlled by specialized devices (auto computers) or directly by computers (stationary solutions) that are based on information obtained from the relevant databases. Visual information in vehicles is provided by electronic direction boards installed in the front of vehicles, on their sides, in the rear and inside. Depending on the needed resolution and the available installation place, displays with different dimensions are used.
PIS is an integrated system. PIS manufacturers not only provide equipment to customers, but also offer designation and consultancy services to their customers. Actually, a PIS project usually last for a period of two-three years, which is related with transportations' project scheme.
The global Passenger Information System market is valued at 990 million USD in 2018 and is expected to reach 1710 million USD by the end of 2024, growing at a CAGR of 11.5% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Passenger Information System.
This report studies the Passenger Information System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Passenger Information System market by product type and applications/end industries.

Market Segment by Companies, this report covers
Teleste Corporation
Atos SE
Televic Group
SAIRA Electronics
Thales Group
Mitsubishi Electric
Toyo Denki
Sunwin Intelligent
Beijing Century Real Technology
Shenzhen Beihai Rail Transit Technology

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
LCD Display System
LED Display System

Market Segment by Applications, can be divided into

Spanning over 136 pages "Global Passenger Information System Market 2019 by Company, Regions, Type and Application, Forecast to 2024" report covers Passenger Information System Market Overview, Manufacturers Profiles, Global Passenger Information System Market Competition, by Players, Global Passenger Information System Market Size by Regions, North America Passenger Information System Revenue by Countries, Europe Passenger Information System Revenue by Countries, Asia-Pacific Passenger Information System Revenue by Countries, South America Passenger Information System Revenue by Countries, Middle East and Africa Revenue Passenger Information System by Countries, Global Passenger Information System Market Segment by Type, Global Passenger Information System Market Segment by Application, Global Passenger Information System Market Size Forecast (2019-2024), Research Findings and Conclusion, Appendix.

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