Global Tunnel Automation Market 2021-2025

Global Tunnel Automation Market 2021-2025

Technavio has been monitoring the tunnel automation market and it is poised to grow by $ 1.67 bn during 2021-2025, progressing at a CAGR of 7.95% during the forecast period. Our report on the tunnel automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing focus on tunnel safety and rising number of road tunnel construction projects. In addition, increasing focus on tunnel safety is anticipated to boost the growth of the market as well.

The tunnel automation market analysis includes the type segment and geographic landscape.

Technavio's tunnel automation market is segmented as below:

By Type

• Railway tunnel
• High tunnel
• Other tunnels

By Geographical Landscape

• Europe
• North America
• APAC
• MEA
• South America

This study identifies the development of urban rail transit systemsas one of the prime reasons driving the tunnel automation market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on tunnel automation market covers the following areas:

• Tunnel automation market sizing
• Tunnel automation market forecast
• Tunnel automation market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tunnel automation market vendors that include ABB Ltd., Advantech Co. Ltd., Agidens International NV, Eaton Corp. Plc, Honeywell International Inc., Indra Sistemas SA, INTIS doo, Johnson Controls International Plc, SICK AG, and Siemens AG. Also, the tunnel automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ABB Ltd., Advantech Co. Ltd., Agidens International NV, Eaton Corp. Plc, Honeywell International Inc., Indra Sistemas SA, INTIS doo, Johnson Controls International Plc, SICK AG, Siemens AG