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Passenger Display System Market by Component (Hardware, Software, and Services), Display Type (LCD Display, LED Display, and Others), and Mode of Transportation (Roadways, Railways, and Airways): Global Opportunity Analysis and Industry Forecast, 2020-2027

A06535
Pages: 263
Jun 2020 | 110 Views
 
Author(s) : Rachita Rake
Tables: 113
Charts: 83
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Passenger Display System Market Statistics (2020-2027)

The global passenger display system market size was valued at $6,775.00 million in 2019, and is projected to reach at $17,417.00 million by 2027, growing at a CAGR of 12.4% from 2020 to 2027. Passenger display system is an automated system used for providing users of public transport with information about the nature and state of a public transport service through visual information. It is commonly used to track details and provide information such as scheduling, news broadcasts, entertainment, and emergency communication services to commuters. In addition, it helps passengers in getting relevant information regarding the status of various transportation mediums such as buses, trains, and airplanes. Previously, transportation users had to wait in long queues to enquire about the arrival and departure time of a bus or a train. With the introduction of passenger information display systems, users can get all the information online. This helps transport service providers to have competitive edge over other service providers. 

Passenger-Display-System-Market-2020-2027

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The hardware segment dominated the passenger display system market share in 2019, and is expected to continue this trend during the forecast period, as hardware forms the integral part of the passenger information display systems. Increase in use of these display systems to display real-time visual information for passengers at onboard vehicles or stations is driving the growth of the market. Moreover, the demand for hardware components has been continuously increasing, due to rise in need for upgrading passenger information systems in outdated trains or other modes of transportation.  However, the services segment is expected to witness highest CAGR during the passenger display system market forecast period, as they assure effective functioning of hardware components, platforms, and software throughout the process. Increase in the adoption of passenger display system is expected to boost the demand for different services such as consulting, training, and implementation in the upcoming years.

Passenger Display System Market
By Component

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Hardware is projected as one of the most lucrative segments.

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The liquid crystal display (LCD) segment dominated the passenger display system market in 2019, and is expected to continue this trend during the forecast period. This is attributed to surge in adoption of robust, digital LCD passenger display, as it can withstand a myriad of environmental challenges. Moreover, numerous features provided by these solutions such as static content, one-sided or double-sided boards, bicolored, and availability of indoor as well as outdoor solutions along with the decline in manufacturing costs of LCDs is driving the adoption of the LCD technology. However, the light-emitting diode (LED) segment is projected to witness highest growth rate in the upcoming years, as these displays are power-efficient and produce higher light intensity. Also, the brightness of LED displays automatically adapts to the environmental conditions, enabling a perfect reading for passengers in day and night, which further drives its adoption.

Passenger Display System Market
By Display Type

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LED display type is projected as one of the most significant segments.

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On the basis of mode of transportation, the airways segment exhibited the highest growth in the passenger display market in 2019, and is expected to maintain its dominance in the upcoming years, owing to rise in deployment of passenger display systems at large airports for each terminal or even each major airline. They are used to inform passengers of departure/arrival times, boarding gates, destinations, notifications of flight delays/flight cancellations, and partner airlines. However, the railways segment is expected to witness highest growth during the forecast period, due to significant rise in vehicular traffic across the globe in the last couple of years. This is attributed to the fact that these displays provide information to the vehicle drivers as well as pedestrians while assuring safe and smooth vehicle and pedestrian traffic flow.

Passenger Display System Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region is projected as one of the most significant segments.

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North America dominated the passenger display system market in 2019, and is projected to remain dominant during the forecast period. Number of organizations have rapidly adopted and invested in the emerging technologies, such as big data, analytics, and cloud platforms in the region. Moreover, factors such as presence of large enterprises and rise in demand among organizations to automate business decision-making process to increase productivity drive the passenger display system market growth. However, Asia-Pacific is expected to witness high growth rate in the upcoming years, owing to rise in commercial investments by several companies in the developing countries such as China and India. Moreover, strong economic growth accompanied by the development in the services sector augments business enterprises to invest heavily in passenger display system software to sustain the intense competition in the market and improve productivity.

The report focuses on the growth prospects, restraints, and passenger display system market analysis. The study provides Porter’s five forces analysis of the passenger display system industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the passenger display system market trends.

Segment review

The global passenger information system market is segmented into component, display type, mode of transportation, and region. Depending on component, the market is categorized into hardware, software, and service. On the basis of display type, it is segregated into LCD display, LED display, and others. By mode of transportation, it is fragmented into railways, roadways, and airways. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the passenger display system industry include Alstom, Cubic Corporation, Hitachi, Ltd., Indra, Mitsubishi Electric Corporation, Siemens AG, Singapore Technologies Electronics Limited, Teleste Corporation, Thales, and Toshiba Corporation.

Top impacting factors    

The growth of the global passenger display system market is driven by factors such as rise in demand for real-time transit information for passengers, surge in security concerns at public mode of transportations, increase in demand & rise in investment for intelligent transportation systems, and upsurge in number of passengers travelling through public transport. Integration of advanced technologies such as cloud, Big Data, and IoT in passenger display system is expected to drive the growth of the passenger display system market in the upcoming years. However, high cost of deployment & management of these systems and poor infrastructure for their installation are expected to hamper the growth of the market during the forecast period.

Upsurge in number of passengers travelling through public transport

The number of passengers travelling through the public transport services is increasing, which is expected to fuel the growth of the market. For instance, according to the International Air Transport Association (IATA), passenger numbers could double to 8.2 billion in 2037 based on present trends in air transport. Although there is a drop has been witnessed in demand for public transport during this year due to the outbreak of the COVID-19 pandemic and lockdown enforcement, the growth in total passenger journeys over the past three years has been strong and is expected to remain strong in the upcoming years.

Integration of advanced technologies such as cloud, Big Data, and IoT in passenger display systems

Cloud computing is adopted for automation of various modes of transportation, especially railways. In roadways, the passenger information display systems use cloud computing to track the position of buses in an area and calculate the arrival time to be displayed on the real-time information system at the bus stop. In addition, increase in adoption of advanced connectivity solutions to create the virtual cable replacement link to easily upgrade legacy equipment and connect to Internet of Things (IoT) significantly contributes toward the growth of the global market. Cloud technology and data analytics solutions assist in ensuring high efficiency of the displays while allocating resources and monitoring the passenger population in a cost-effective manner. This is advantageous for the bus management system, as the frequency of buses is regulated based on the demand of passengers through a particular route at each bus stop.

Key Benefits For Stakeholders

  • This study includes the passenger display system market analysis, trends, and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and passenger display system market opportunity.

  • The market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the passenger display system market.

Key Market Segments

By Component

  • Hardware 
  • Software
  • Services

By Display Type

  • LCD Display
  • LED Display
  • Others

By Mode Of Transportation

  • Roadways
  • Railways
  • Airways

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Market Players

  • Alstom
  • Cubic Corporation
  • Hitachi, Ltd.
  • Indra
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Singapore Technologies Electronics Limited
  • Teleste Corporation
  • Thales
  • Toshiba Corporation.
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Secondary research
1.4.2.Primary research

1.5.ANALYST TOOLS & MODELS

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.PORTER'S FIVE FORCES ANALYSIS
3.3.MARKET DYNAMICS

3.3.1.Drivers

3.3.1.1.Rise in demand of real-time transit information for passengers
3.3.1.2.Increase in security concerns in public mode of transportations
3.3.1.3.Surge in demand and rise in investment for intelligent transportation systems
3.3.1.4.Upsurge in number of passengers travelling through public transport

3.3.2.Restraints

3.3.2.1.High cost of implementation and management of the system
3.3.2.2.Poor infrastructure for installing passenger display systems

3.3.3.Opportunity

3.3.3.1.Integration of advanced technologies such as cloud, Big Data, and IoT in passenger display systems

3.4.COVID-19 IMPACT ANALYSIS ON PASSENGER DISPLAY SYSTEM MARKET

3.4.1.Impact on market size
3.4.2.Consumer trends, preferences, and budget impact
3.4.3.Regulatory framework
3.4.4.Economic impact
3.4.5.Key player strategies to tackle negative impact
3.4.6.Opportunity window

CHAPTER 4:PASSENGER DISPLAY SYSTEM MARKET, BY COMPONENT

4.1.OVERVIEW
4.2.HARDWARE

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.SOFTWARE

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.SERVICES

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:PASSENGER DISPLAY SYSTEM MARKET, BY DISPLAY TYPE

5.1.OVERVIEW
5.2.LIQUID-CRYSTAL DISPLAY (LCD)

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.LIGHT-EMITTING DIODE (LED) DISPLAY

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.OTHERS

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:PASSENGER DISPLAY SYSTEM MARKET, BY MODE OF TRANSPORTATION

6.1.OVERVIEW
6.2.RAILWAYS

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.ROADWAYS

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.AIRWAYS

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:PASSENGER DISPLAY SYSTEM MARKET, BY REGION

7.1.OVERVIEW
7.2.NORTH AMERICA

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by component
7.2.3.Market size and forecast, by display type
7.2.4.Market size and forecast, by mode of transportation
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by component
7.2.5.1.2.Market size and forecast, by display type
7.2.5.1.3.Market size and forecast, by mode of transportation

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by component
7.2.5.2.2.Market size and forecast, by display type
7.2.5.2.3.Market size and forecast, by mode of transportation

7.3.EUROPE

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by component
7.3.3.Market size and forecast, by display type
7.3.4.Market size and forecast, by mode of transportation
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by component
7.3.5.1.2.Market size and forecast, by display type
7.3.5.1.3.Market size and forecast, by mode of transportation

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by component
7.3.5.2.2.Market size and forecast, by display type
7.3.5.2.3.Market size and forecast, by mode of transportation

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by component
7.3.5.3.2.Market size and forecast, by display type
7.3.5.3.3.Market size and forecast, by mode of transportation

7.3.5.4.Rest of Europe

7.3.5.4.1.Market size and forecast, by component
7.3.5.4.2.Market size and forecast, by display type
7.3.5.4.3.Market size and forecast, by mode of transportation

7.4.ASIA-PACIFIC

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by component
7.4.3.Market size and forecast, by display type
7.4.4.Market size and forecast, by mode of transportation
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by component
7.4.5.1.2.Market size and forecast, by display type
7.4.5.1.3.Market size and forecast, by mode of transportation

7.4.5.2.India

7.4.5.2.1.Market size and forecast, by component
7.4.5.2.2.Market size and forecast, by display type
7.4.5.2.3.Market size and forecast, by mode of transportation

7.4.5.3.Japan

7.4.5.3.1.Market size and forecast, by component
7.4.5.3.2.Market size and forecast, by display type
7.4.5.3.3.Market size and forecast, by mode of transportation

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.Market size and forecast, by component
7.4.5.4.2.Market size and forecast, by display type
7.4.5.4.3.Market size and forecast, by mode of transportation

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by component
7.5.3.Market size and forecast, by display type
7.5.4.Market size and forecast, by mode of transportation
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by component
7.5.5.1.2.Market size and forecast, by display type
7.5.5.1.3.Market size and forecast, by mode of transportation

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by component
7.5.5.2.2.Market size and forecast, by display type
7.5.5.2.3.Market size and forecast, by mode of transportation

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by component
7.5.5.3.2.Market size and forecast, by display type
7.5.5.3.3.Market size and forecast, by mode of transportation

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.KEY PLAYER POSITIONING, 2019
8.2.TOP WINNING STRATEGIES
8.3.COMPETITIVE DASHBOARD
8.4.KEY DEVELOPMENTS

8.4.1.Partnership
8.4.2.Collaboration
8.4.3.Acquisition
8.4.4.Product development
8.4.5.Agreement

CHAPTER 9:COMPANY PROFILE

9.1.ALSTOM

9.1.1.Company overview
9.1.2.Key executive
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments

9.2.CUBIC CORPORATION

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance
9.2.8.Key strategic moves and developments

9.3.HITACHI, LTD.

9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments

9.4.INDRA SISTEMAS, S.A.

9.4.1.Company overview
9.4.2.Key executive
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.MITSUBISHI ELECTRIC CORPORATION

9.5.1.Company overview
9.5.2.Key executive
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D expenditure
9.5.7.Business performance
9.5.8.Key strategic moves and developments

9.6.SIEMENS AG

9.6.1.Company overview
9.6.2.Key executive
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D expenditure
9.6.7.Business performance
9.6.8.Key strategic moves and developments

9.7.SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED (ST ENGINEERING)

9.7.1.Company overview
9.7.2.Key executive
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D expenditure
9.7.7.Business performance
9.7.8.Key strategic moves and developments

9.8.TELESTE CORPORATION

9.8.1.Company overview
9.8.2.Key executive
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Business performance
9.8.7.Key strategic moves and developments

9.9.THALES GROUP

9.9.1.Company overview
9.9.2.Key executive
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key strategic moves and developments

9.10.TOSHIBA CORPORATION

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 02.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR HARDWARE, BY REGION, 2017–2027 ($MILLION)
TABLE 03.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR SOFTWARE, BY REGION, 2017–2027 ($MILLION)
TABLE 04.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR SERVICES, BY REGION, 2017–2027 ($MILLION)
TABLE 05.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2019-2027 ($MILLION)
TABLE 06.LIQUID-CRYSTAL DISPLAY SYSTEM MARKET REVENUE, BY REGION, 2017–2027 ($MILLION)
TABLE 07.LIGHT-EMITTING DIODE (LED)PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY REGION, 2017–2027 ($MILLION)
TABLE 08.OTHERS PASSENGER DISPLAY SYSTEM MARKET, BY REGION, 2017–2027 ($MILLION)
TABLE 09.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OF TRANSPORTATION, 2019-2027 ($MILLION)
TABLE 10.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR RAILWAYS, BY REGION, 2017–2027 ($MILLION)
TABLE 11.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR ROADWAYS, BY REGION, 2017–2027 ($MILLION)
TABLE 12.PASSENGER DISPLAY SYSTEM MARKET REVENUE FOR AIRWAYS, BY REGION, 2017–2027 ($MILLION)
TABLE 13.PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY REGION , 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 15.NORTH AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 16.NORTH AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 17.NORTH AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COUNTRY, 2017–2027 ($MILLION)
TABLE 18.U.S. PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 19.U.S. PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 20.U.S. PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 21.CANADA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 22.CANADA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 23.CANADA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 24.EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 25.EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 26.EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 27.EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COUNTRY, 2017–2027 ($MILLION)
TABLE 28.UK PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 29.UK PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 30.UK PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 31.GERMANY PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 32.GERMANY PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 33.GERMANY PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 34.FRANCE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 35.FRANCE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 36.FRANCE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 37.REST OF EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 38.REST OF EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 39.REST OF EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 40.ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 41.ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 42.ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 43.ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COUNTRY, 2017–2027 ($MILLION)
TABLE 44.CHINA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 45.CHINA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 46.CHINA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 47.INDIA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 48.INDIA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 49.INDIA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 50.JAPAN PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 51.JAPAN PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 52.JAPAN PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 53.REST OF ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 54.REST OF EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 55.REST OF ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 56.LAMEA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 57.LAMEA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 58.LAMEA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 59.LAMEA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COUNTRY, 2017–2027 ($MILLION)
TABLE 60.LATIN AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 61.LATIN AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 62.LATIN AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 63.MIDDLE EAST PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 64.MIDDLE EAST PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 65.MIDDLE EAST PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 66.AFRICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
TABLE 67.AFRICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
TABLE 68.AFRICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OFTRANSPORTATION, 2017–2027 ($MILLION)
TABLE 69.KEY NEW PRODUCT LAUNCHES (2017-2019)
TABLE 70.PARTNERSHIP (2017-2019)
TABLE 71.COLLABORATION (2017-2019)
TABLE 72.ACQUISITION (2017-2019)
TABLE 73.PRODUCT DEVELOPMENT (2017-2019)
TABLE 74.AGREEMENT (2017-2019)
TABLE 75.ALSTOM: KEY EXECUTIVE
TABLE 76.ALSTOM: COMPANY SNAPSHOT
TABLE 77.ALSTOM: OPERATING SEGMENTS
TABLE 78.ALSTOM: PRODUCT PORTFOLIO
TABLE 81.CUBIC CORPORATION: PRODUCT CATEGORIES
TABLE 83.CUBIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 84.HITACHI, LTD.: KEY EXECUTIVE
TABLE 85.HITACHI, LTD.: COMPANY SNAPSHOT
TABLE 86.HITACHI, LTD.: PRODUCT PORTFOLIO
TABLE 87.HITACHI, LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 88.INDRA SISTEMAS, S.A.: KEY EXECUTIVE
TABLE 89.INDRA SISTEMAS, S.A.: COMPANY SNAPSHOT
TABLE 90.INDRA SISTEMAS, S.A.: OPERATING SEGMENTS
TABLE 91.INDRA SISTEMAS, S.A.: PRODUCT PORTFOLIO
TABLE 92.MITSUBISHI ELECTRIC CORPORATION: KEY EXECUTIVE
TABLE 93.MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 94.MITSUBISHI ELECTRIC CORPORATION: OPERATING SEGMENTS
TABLE 95.MITSUBISHI ELECTRIC CORPORATION: PRODUCT PORTFOLIO
TABLE 96.SIEMENS AG: COMPANY SNAPSHOT
TABLE 97.SIEMENS AG: OPERATING SEGMENTS
TABLE 98.SIEMENS AG : PRODUCT PORTFOLIO
TABLE 99.ST ENGINEERING: KEY EXECUTIVE
TABLE 100.ST ENGINEERING: COMPANY SNAPSHOT
TABLE 101.ST ENGINEERING: OPERATING SEGMENTS
TABLE 102.ST ENGINEERING: PRODUCT PORTFOLIO
TABLE 103.TELESTE CORPORATION: KEY EXECUTIVE
TABLE 104.TELESTE CORPORATION: COMPANY SNAPSHOT
TABLE 105.TELESTE CORPORATION: OPERATING SEGMENTS
TABLE 106.TELESTE CORPORATION: PRODUCT PORTFOLIO
TABLE 107.THALES GROUP: COMPANY SNAPSHOT
TABLE 108.THALES GROUP: OPERATING SEGMENTS
TABLE 109.THALES GROUP: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 110.TOSHIBA CORPORATION: KEY EXECUTIVE
TABLE 111.TOSHIBA CORPORATION: COMPANY SNAPSHOT
TABLE 112.SYMANTEC CORPORATION: OPERATING SEGMENTS
TABLE 113.TOSHIBA CORPORATION: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.PASSENGER DISPLAY SYSTEM MARKET, 2019–2027
FIGURE 03.PASSENGER DISPLAY SYSTEM MARKET, 2019–2027
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.KEY PLAYERS IN GLOBAL PASSENGER DISPLAY SYSTEM MARKET
FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.HIGH BARGAINING POWER OF BUYERS
FIGURE 09.LOW THREAT OF SUBSTITUTES
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.HIGH COMPETITIVE RIVALRY
FIGURE 12.MARKET DYNAMICS
FIGURE 13.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY COMPONENT, 2017–2027 ($MILLION)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR HARDWARE, BY COUNTRY,  2019 & 2027(%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR SOFTWARE, BY COUNTRY,  2019 & 2027(%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR SERVICES, BY COUNTRY,  2019 & 2027(%)
FIGURE 17.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY DISPLAY TYPE, 2017–2027 ($MILLION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF LIQUID-CRYSTAL DISPLAY SYSTEM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF LED PASSENGER DISPLAY SYSTEM MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OTHERS PASSENGER DISPLAY SYSTEM MARKE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 21.GLOBAL PASSENGER DISPLAY SYSTEM MARKET REVENUE, BY MODE OF TRANSPORTATION, 2019–2027 ($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR RAILWAYS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR ROADWAYS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF PASSENGER DISPLAY SYSTEM MARKET FOR AIRWAYS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 25.U.S. PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.CANADA PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.UK PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.GERMANY PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.FRANCE PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.REST OF EUROPE PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.CHINA PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.INDIA PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.JAPAN PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.LATIN AMERICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.MIDDLE EAST PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.AFRICA PASSENGER DISPLAY SYSTEM MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.MARKET SHARE ANALYSIS, 2019
FIGURE 39.TOP WINNING STRATEGIES, BY YEAR, 2017-2020
FIGURE 40.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020
FIGURE 41.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020
FIGURE 42.COMPETITIVE DASHBOARD
FIGURE 43.COMPETITIVE DASHBOARD
FIGURE 44.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 46.ALSTOM: REVENUE, 2017–2019 ($MILLION)
FIGURE 47.ALSTOM: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 48.ALSTOM: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.HITACHI, LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 54.HITACHI, LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 55.HITACHI, LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 56.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 57.INDRA SISTEMAS, S.A.: REVENUE, 2017–2019 ($MILLION)
FIGURE 58.INDRA SISTEMAS, S.A.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 59.INDRA SISTEMAS, S.A.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 60.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 61.MITSUBISHI ELECTRIC CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 62.MITSUBISHI ELECTRIC CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 63.MITSUBISHI ELECTRIC CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 64.SIEMENS AG: KEY EXECUTIVE
FIGURE 65.SIEMENS AG: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 66.SIEMENS AG: REVENUE, 2017–2019 ($MILLION)
FIGURE 67.SIEMENS AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 68.SIEMENS AG: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 69.ST ENGINEERING: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 70.ST ENGINEERING: REVENUE, 2017–2019 ($MILLION)
FIGURE 71.ST ENGINEERING: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 72.ST ENGINEERING: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 73.TELESTE CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 74.TELESTE CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 75.TELESTE CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 76.THALES GROUP: KEY EXECUTIVE
FIGURE 77.THALES GROUP: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 78.THALES GROUP: REVENUE, 2017–2019 ($MILLION)
FIGURE 79.THALES GROUP: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 80.THALES GROUP: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 81.TOSHIBA CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 82.TOSHIBA CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 83.TOSHIBA CORPORATION: REVENUE SHARE BY REGION, 2019 (%)

 
 

Increase in urbanization and rise in economy are expected to boost the growth of the passenger display system market in Asia-Pacific. Countries in Asia-Pacific are undergoing rapid infrastructure transformation in the transportation sector. In addition, surge in adoption of these systems in public transport to meet the demands of massive population is projected to augment the market growth in this region. Moreover, governments are taking several initiatives toward the deployment of intelligent transportation systems due to which the spending to implement these systems in public transport is increasing, which is opportunistic for the market. For instance, in August 2019, the Asian Development Bank has approved a loan of $200 million to China majorly to support the development of an innovative intelligent transport system to provide real-time information to passenger, reduce traffic congestion, control pollution, and improve transport safety in the country. Furthermore, developing economies are installing advanced passenger information systems at airways and railways, which drives the demand for passenger display systems. For instance, in January 2020, Indian Railways installed European-style passenger information system at Anakapalle station, which aims to provide easier access to important information for passengers at the station. It further provides an automated display of information about the trains, which are expected at the station in the next two hours. 

Furthermore, surge in the average number of vehicles on the road has led to traffic congestion. Thus, public transport services are focusing on providing real-time information to passengers. Moreover, transport operators are integrating advanced technologies such as Internet of Things (IoT), Big Data, and cloud into these display systems to streamline their operations and make it more reliable, secure; efficient which is opportunistic for the market. Number of traditional IT vendors, such as Siemens AG, are introducing real-time passenger information systems and advanced passenger display systems to address the specific needs of a rapidly changing travel environment for planes, buses, trains, and other modes of transport. Installation of these systems can be an effective future investment for transporters to provide enhanced convenience to passengers along with wide range of personalized services.

The passenger display systems market is highly competitive and comprises number of local, regional, and global vendors competing based on factors such as cost, reliability, product quality, and aftermarket services. The growth of the market is impacted by intense competition, frequent changes in government policies, and rapid advances in technology, whereas the vendor performance is impacted by government support, COVID-19 conditions, and industry development. Owing to the intense competition, vendors operating in the market are launching technologically efficient products to reduce the evolving security threats due to continuous increase in traffic. Furthermore, a number of manufacturers are investing to develop next-generation passenger display systems, which can help them set up long-term partnerships with regulatory authorities.

 

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