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The North America Passenger Information System Market would witness market growth of 12.8% CAGR during the forecast period (2018-2024). Passenger information system is used as a communication platform between a transit agency and the passengers. Information related to real-time vehicle location & status updates, journey schedule, and timely announcements are delivered with this platform. In addition to the aforementioned functionalities, the technology is used to improve the transit experience by offering entertainment via infotainment systems. The technology can be effectively deployed in a platform or inside a buses, trains, and flights.
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 U.S, Canada, Mexico, 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 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.