The global passenger information system industry provides passengers with real-time information regarding transportation in the form of visual, voice or any other media. These passenger information system products are widely used by consumers to enhance their connectivity with the transportation system. The factors that were fuelling the growth of the market before the COVID-19 pandemic include the growing uses of smartphones coupled with the increased demand for providing better passenger experience among various transport providers. Additionally, continuous development in the field of 4G and 5G technologies has also contributed significantly to the growth of the passenger information system.
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OMR global recently published a report addressing the impact of COVID-19 on the global passenger information system industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior and macro-economic factors. The report includes analysis of different regions and countries and the effect of COVID-19 on the passenger information system industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.
A Full Report of Global Passenger Information System Market is Available at: https://www.omrglobal.com/industry-reports/covid-19-impact-on-passenger-information-system-market
The global passenger information system industry report is segmented based on the mode of transportation into airways, roadways, and waterways. Almost all the segments of the passenger information system industry have experienced a considerable downfall during the outbreak due to the government’s guideline to reduce the travel. However, the most affected segment due to the COVID-19 pandemic is the aviation sector as most of the international as well as domestic flights have been cancelled or operating at very low volume.
Effect of COVID-19 on the passenger information industry can be observed in each region including North America, Europe, Asia Pacific and Rest of the World. In the US, the lockdown situation is going on for a long period of time as per the government guidelines. No foreign person is allowed in the country from the countries with infected people that are leading to a decline in travel rate. Europe is one of the most affected regions due to COVID-19, which results in governments has to ban traveling in various countries. Additionally, the downfall of the passenger information system industry was also experienced in Asia-Pacific. Major economies including China and India are restricting all the foreign as well as most of the domestic travels in their respective countries to confine the spread of COVID-19.
Global Passenger Information System Market– Segmentation
By Mode of Transportation
• Road
• Sea
• Rail
• Air
By Application
• Food and Beverages
• Chemical
• Pharmaceutical
• Others
Global Passenger Information System Market – Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Alstom SA
• Wabtec Corp. (GE Transportation)
• Cisco Systems, Inc.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• Siemens AG
• TE Connectivity Ltd.
• Advantech Corp.
• Thales SA
• Cubic Transportation Systems Inc.
Market Overview and Insights
• Scope of the Report
• Analyst Insight & Current Market Trends
• Key Findings
• Recommendations
• Conclusion
• Supply & Demand Analysis
Industry Overview
• Historical market growth estimation in passenger information system industry pre-COVID-19 pandemic effect
• Deviations in the passenger information system industry growth rate due to COVID-19 pandemic
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