In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Passenger Information System (PIS) market for 2018-2023.
A passenger information system (PIS or PIDS) is an automated system for supplying users of public transport with information about the nature and state of a public transport service, through visual, voice or other media.
Two types of information are included in PIS. Static or schedule information, which changes only occasionally and is typically used for journey planning prior to departure. Real time information, derived from automatic vehicle location systems, which changes continuously as a result of real-world events and is typically used during the course of a journey (primarily how close the service is running to time and when it is due at a stop, but also incidents that affect service operations, platform changes etc.). Real-time information is provided to passengers in a number of different ways, including mobile phone applications, platform-level signage, and automated public address systems. It may include both predictions about arrival and departure times, as well as information about the nature and causes of disruptions.
Over the next five years, LPI(LP Information) projects that Passenger Information System (PIS) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Passenger Information System (PIS) market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Information Announcement System
Passenger Information Mobile Application
Segmentation by application:
We can also provide the customized separate regional or country-level reports, for the following regions:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
General Electric Company
Cubic Transportation Systems
Medha Servo Drives
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Passenger Information System (PIS) market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Passenger Information System (PIS) market by identifying its various subsegments.
Focuses on the key global Passenger Information System (PIS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Passenger Information System (PIS) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Passenger Information System (PIS) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.