North America Automated Passenger Counting and Information System Market Size, Share & Industry Trends Analysis Report By Type (Passenger Information Systems and Automated Passenger Counting Systems), By Type, By Application, By Technology, By Country and Growth Forecast, 2022 – 2028
The North America Automated Passenger Counting and Information System Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
A passenger information system, sometimes known as a passenger information display system, is an automated system that provides information on the nature and status of a public transportation service to users via visual, voice, or other media. Static information has always been provided in printed form at transit stations in the shape of route network maps and timetable booklets. Most transit operators, on the other hand, now utilize integrated passenger information systems that provide schedule-based information via a journey planner application or schedule-based information combined with real-time information.
The most prevalent mode of public transportation mode in all of North America is the airways. Since the continent is vast and major cities are far apart, airplanes are the most time-efficient. As the population of the country increases due to rising immigration, airlines and airports are likely to experience more traffic. This will increase the demand for automated passenger counting and information systems in the next few years.
In 2019, public transit commuters made up roughly 5% of all workers in the United States, according to the American Community Survey (ACS). Public transportation played a significant role in certain cities, such as New York, where over 2 million people utilized public transportation, and San Francisco, where over a third of workers traveled by public transportation. New York implemented passenger information systems in its subways. In 2019, commuter trends differed by region, metropolitan area, and key demographic features.
The US market dominated the North America Automated Passenger Counting and Information System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,229.6 million by 2028. The Canada market is experiencing a CAGR of 11% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 10% during (2022 - 2028).
Based on Type, the market is segmented into Passenger Information Systems and Automated Passenger Counting Systems. On the basis of type, the Passenger Information System Market is segmented into Display Systems, Announcement & Emergency Communication Systems, Infotainment Systems, and Mobile Applications. On the basis of Application, the Passenger Information System Market is segmented into Railways, Roadways, and Airways. On the basis of Application, the Automated Passenger Counting Systems Market is segmented into Buses, Ferries, and Trains & Trams. On the basis of Technology, the Automated Passenger Counting Systems Market is segmented into Infrared, Stereoscopic vision, Time of Flight, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EUROTECH S.p.A., INIT Innovation in Traffic Systems SE, Cisco Systems, Inc., Samsung Electronics Co., Ltd., Hitachi, Ltd., Siemens AG, HELLA Aglaia Mobile Vision GmbH, Infodev Electronic Designers International, Inc., and DILAX Intelcom GmbH.
Scope of the Study
Market Segments covered in the Report:
By Type
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