The Asia Pacific Passenger Information System Market would witness market growth of 15.5% CAGR during the forecast period (2018 - 2024). The Asia-Pacific would be the prominent region growing at the fastest growth rate, during the forecast period. The need for information related to passenger journey right from journey planner to fluctuations in estimated departure timing would further add to the market opportunities. Growing awareness about offering enhanced traveling experience to passengers would add to the growth of the market during the forecast period.
Based on the component, the market is segmented into Hardware, Software and Services. Based on Mode of Transportation, the market is segmented into Roadway, Railway and Airway. Based on Solution Type, the market is segmented into Information Display System, Announcement System, Passenger Information Mobile Applications, Infotainment System and Emergency Communication Systems.
Based on Countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alstom SA, Cubic Corporation, Hitachi, LTD., Mitsubishi Electric Corporation, Siemens AG, Thales Group S.A., Toshiba Corporation, Singapore Technologies Electronics Ltd., Teleste Corporation and Indra.
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