Report Code: CMI18404

Category: Technology

Report Snapshot

CAGR: 6.05%
31.93Bn
2024
35.24Bn
2025
65.49Bn
2034

Source: CMI

Study Period: 2025-2034
Fastest Growing Market: Asia-Pacific
Largest Market: North America

Major Players

  • ALSTOM
  • HITACHI LTD.
  • INDRA SISTEMAS, S.A.
  • MITSUBISHI ELECTRIC CORPORATION
  • Others

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Reports Description

As per the Passenger Information Display System Market analysis conducted by CMI Team, the global Passenger Information Display System Market is expected to record a CAGR of 6.05% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 35.24 Billion. By 2034, the valuation is anticipated to reach USD 65.49 Billion.

Passenger Information Display System Market Overview

The Passenger Information Display System Market is expanding rapidly as the technology companies are integrating their systems with transit authorities to advance the availability of public transportation. As there has been advancements in IoT, AI, along with cloud computing technologies, interactive and real-time display systems are being developed for showing the passengers the latest travel updated and emergency alerts.

Such systems provide an improved commuting experience and enhance operational efficiency and safety in the networks under which it functions. Investments are increasing along with strategic partnerships, which are promoting the scaling-up of energy-efficient solutions that will change urban mobility and, consequently, smart city development.

Passenger Information Display System Market Significant Growth Factors            

The Passenger Information Display System Market Trends presents significant growth opportunities due to several factors:

  • Increasing Demand for Enhanced Passenger Experience: Increased demand for improved passenger experience is a key driver of the Passenger Information Display (PID) System Market today. Modern commuters expect real-time, accurate travel updates and visually appealing interfaces that ease navigation and reduce uncertainty during transit. As there has been a rise in the technological adoption along with digital interfaces has become important for the urban mobility which is expected to increase the demand for advanced display systems which drives the investments in the innovative solutions which transforms the transit experience.
  • Urbanization and Public Transit Investments: The rising urbanization along with investments in the public transit are expected to propel the growth of the passenger display information systems market. As cities are expanding along with growing populations there is a rising demand for the efficient, well-managed transportation systems which offers clear, real-time travel information. The municipalities and transit agencies are investing in the modern digital signage and interactive display solutions for enhancing the commuter experiences, reducing congestion and improve safety.
  • Integration of IoT and Smart Technologies: The integration of the IoT and smart technologies are changing the passenger information display system market as it enables the seamless connectivity along with data exchange across transit networks. Modern screens these days use tech like sensors, wireless stuff, and analytics to provide instant updates. They do cool things like message people based on who is around right now and what is going on around them. It’s all very cool and responsive.
  • Rising Investments in Digital Infrastructure: Rising investments in digital infrastructure across transportation sectors are a crucial driver of the Passenger Information Display System Market. Governments, transit authorities, and private investors are allocating significant capital to modernize public transit networks and deploy advanced digital signage solutions. It is focusing on really cool technology investments these days that really make the operation slick. It is putting in high-speed Internet all over, cloud software which lets us manage things much more easily, and displays that people can use to interact more closely.
  • Growing Emphasis on Safety and Security: There’s really been a big push for better safety and security on public transit, and this is helping drive up growth and sales for Passenger Information Display Systems. Transit systems take safety very seriously and they really want to show passengers important real time information like delays and alerts about potential dangers. More and more companies have these systems as a result. It’s making the information that riders see much more immediate and reliable. The modern solution are designed for delivering travel updates along with critical emergency alerts and security notifications.

Global Passenger Information Display System Market 2025 – 2034 (By Transportation Mode)

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Passenger Information Display System Market Significant Threats

The Passenger Information Display System Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Cybersecurity Risks: Cybersecurity risks pose a serious threat to the Passenger Information Display System Market. As these systems connect more and more to the Internet of Things and to cloud platforms, they also get open to all kinds of cyber-attacks and data breaches now. The scientists along with technology experts are witnessing that as technology has become more connected the risks related to that also increases. Malicious actors may exploit security loopholes to disrupt communication channels, manipulate display content, or gain unauthorized access to sensitive transit information.
  • Regulatory and Compliance Challenges: One of the big obstacles to growth in the Passenger Information Display Systems market is the challenge of regulations and compliance. As such systems generally handles critical transit information it have to adhere the strict industry standards and government regulations regarding the data privacy, security, and accessibility. The fulfilling the complex landscape of compliance requirement can increase the cost and can be time-consuming for the providers and transit authorities.
  • Integration Complexities and Legacy Systems: Integration complexities and the presence of legacy systems pose a threat to the advancement of the Passenger Information Display System Market. Various transit authorities depend on the outdated technologies and infrastructure which can be difficult for integrating with the modern, and digital display solutions. When new systems bump up against what’s working today, it usually adds financial pain to costs and also stretches out deployment time, a lot longer than it should.

Passenger Information Display System Market Opportunities

  • Growing Demand for Digital Transformation: There’s a huge opportunity for Passenger Information Display Systems in the transport market right now. Demand for ways to make getting around more digital and faster is growing fast and that’s super exciting. With public transit agencies adopting all new technologies, there’s an exponential need for digital sign solutions that work to both move things along and keep passengers better informed and connected. Such digital shift is being driven by the need for providing the real-time updates, interactive features, and the integrated systems which improves the travel experiences and safety.
  • Adoption of Eco-Friendly and Energy-Efficient Solutions: Adopting eco-friendly and energy-efficient solutions shines a lighthouse ahead for the Passenger Information Display Market. As there has been rise in the focus on sustainability and reducing the carbon footprints, transit authorities are looking for the display systems which consumes less energy and incorporate environmentally responsible materials. Such eco-friendly and energy-efficient solutions reduces the operational costs aligns with the regulatory requirements along with public expectations for the sustainable practices.

Global Passenger Information Display System Market 2025 – 2034 (By Component)

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Passenger Information Display System Market Segmentation Analysis

By Display Type

  • Liquid Crystal Display (LCD) Systems: The segment dominated the market with 43.54% share of the market in 2024. Almost invariably used in passenger information systems acknowledged for high resolution, energy efficiency, and versatile applications, LCDs offer excellent visibility in all illumination conditions rendering them suitable for indoor passenger transit locations like airports, train stations, bus terminals, etc. The LCD screens are capable of displaying excellent color and text clarity with an ability to provide real-time updates with little distortion. This is what makes LCDs a befitting option for modern digital signage technology, considering its eternal power conserving forte along with ultra-thin appearance.
  • LED Display Systems: The LED display systems accounted for 36.68% share of the market in 2024. For brightest-large area Passenger Information Displays, LED display systems find favor due to the superior high brightness that could illuminate in the daytime hours in addition to being very long-lasting. Warehousing some of the best outdoor or roadside and open-air transit setting displays for dynamics updates, dynamic content options, and energy-efficiency to bring under comparison with older display technologies, LED panels are so flexible as to have scalable screen sizes and arrangement.
  • Others (E-Paper, OLED, Projection Systems): Other than the above-discussed traits, there are display methodologies in place where hitherto unused emerging projects as e-paper, OLED, and projection systems are slowly gaining momentum in applying passenger information technology. The other segment holds 19.79% share of the market in 2024. E-paper has astonishingly minimal power consumption, making it a very viable option for low-driven battery or solar-driven transit signage. OLED screens offer high contrast, flexibility, and vibrant color, though they are yet below the level of commercial application because of cost and durability concerns.

By Transportation Mode

  • Roadways: The roadways in the Passenger Information Use System Market is the buses, trams, and other ground-based public transport services. The segment accounted for 25.59% share of the market in 2024. Digital displays at bus stops, terminals, and onboard vehicles update passengers in real time regarding routes, schedules, and any delays on the fly. By reducing uncertainty and enhancing travel planning with LED- and LCD-based convenience-enhancing systems, it could be as good as its promise. The automatic updating in these systems can be based on traffic conditions and service disruptions, owing to the introduction of IoT and GPS. These developments reflect the increasing investments in the smart city infrastructure and associated growth in public transit experience improvement.
  • Railways: The railways have a high consideration for real-time updates such as departure times, platform details, and announcements. The segment is expected to hold 30.37% share of the market in 2024. In this regard, passenger information display systems are installed at nearly all metro stations, high-speed rail networks, and suburban railway services to enhance the commuter’s experience while improving operational efficiency. Combining an LCD and LED display with AI-powered analytics helps manage train schedules by detecting bottlenecks and directing passengers. Increasing urbanization and government investments in bringing about modernization in railway infrastructure propel further adoption of advanced display technologies across established track systems.
  • Airways: Passenger Information Display System Applications in Airways. Carry systems within an airport managing the operation of the flight schedule, assigning gates, making available baggage claim information, and issuing emergency alerts. The segment dominated the market with 44.04% share of the market in 2024. Widescale LED and LCD as well as interactive touch displays are used within the world’s airports for live communication with the traveling public regarding flight status and terminal navigation. Integrated into the databases of the various airlines, these systems link with the IoT networks to avail passenger’s ready information under instant time.

By Component

  • Hardware: The hardware segment dominated the market in 2024 with a 46.86% share of the market. Among the hardware is something very important for the actual functioning and operations of the Passenger Information Display System Market. These may include digital screens, controllers, and networking equipment supporting other infrastructures. It includes LCD, LED, and e-paper display systems that can broadcast real-time travel information in the public transport environment. Advancements in hardware would maximize durability and energy efficiency and clarity in display for both indoor and outdoor applications. Integrating the “Internet of Things” (IoT) along with AI-powered sensors increases the system’s capabilities as it can conduct automated updates and predictive maintenance.
  • Software: By real-time data processing, content management, and system automation, imperative software’s role comes into play in the Passenger Information Display System Market. The software segment accounted for 28.99% share of the market in 2024. Each travel schedule, emergency alert, and passenger information can automatically change from dynamic transitions through cloud- or web-based and AI-based analysis. Advanced software integration through GPS, IoT sensors, and transportation databases allows accurate delivery of timely updates to passengers while meeting the high demands of this sector. The options for customization range from multilingual to accessible solutions or touch-based interactive navigation. The brilliant hands of software innovations with digital transformation will certainly bring many improvements in user experience, operational efficiency, as well as data security.
  • Services: The services segment in the Passenger Information Display System Market comprises installation, maintenance, consulting, and system integration. The services segment is expected to hold 24.16% share of the market in 2024. They rely on expert support from the suppliers of services in the market to deploy, configure, and optimize the digital signage solutions used in transit systems. Regular maintenance services will lead to better longevity of systems and, thus, reduced downtime and improved operational performance. Consulting ensures that solutions are tailored to meet the specific needs of transit and integrate seamlessly with existing infrastructure. Because of the cloud and the IoT-enabled systems, managed services combined with remote monitoring are becoming essential services.

Report Scope

Feature of the Report Details
Market Size in 2025 USD 35.24 Billion
Projected Market Size in 2034 USD 65.49 Billion
Market Size in 2024 USD 31.93 Billion
CAGR Growth Rate 6.05% CAGR
Base Year 2024
Forecast Period 2025-2034
Key Segment By Display Type, Transportation Mode, Component and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Passenger Information Display System Market Regional Analysis

The Passenger Information Display System Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: North America is one of the largest markets for passenger information display systems as the region has well-developed public transit infrastructure and strong adoption of smart transportation solutions. In North America, U.S. dominated the market with a value of USD 6.27 billion in 2024. The focus on the digital transformation as well as technological innovation in the region is creating a positive environment for the demand of the real-time passenger information systems in the buses, railways and airports. The U.S. currently accounts for the largest share in the North American Passenger Information Display System Market, supported by wide public transit networks and a rigid focus on smart mobility solutions.
  • Europe: The Europe region accounted for 25.28% share of the market in 2024. The Europe market for the passenger information display systems is being fueled by the extensive railway and public transport networks among major cities. The advancement of digital infrastructure investments and smart city initiatives by the European Union would spur the adoption of modern display technology in railways, metros, and bus services. Amongst them, Germany, the UK, and France lead in transit modernization integrating AI-driven analytics and cloud formulations.
  • Asia-Pacific: Asia-Pacific is the fastest-growing region for the Passenger Information Display System Market due to rising urbanization, public transportation, and population growth. The region is expected to hold 22.83% share of the market in 2024. China, Japan, and India are all pouring money into smart transit solution operations in the name of passengers’ convenience and traffic congestion. Such developments as expansion of metro, high-speed rail projects, and bus rapid transit systems are increasing the demand for advanced digital display and real-time information systems.
  • LAMEA: The Passenger Information Display System market is experiencing slow but gradual growth in the LAMEA region. The region accounted for 19.73% of the market in 2024. The growth can be attributed to an increase in the investment level in public transport infrastructure. In the region, countries in the Middle East, such as the UAE and Saudi Arabia, are using advanced digital signage solutions for their metro and airport development projects as part of their respective smart city initiatives. In Latin American countries like Brazil and Mexico, public transportation systems in buses and railways are being modernized with real-time passenger information systems. Africa’s transit landscape is also slowly adopting digital solutions in a move towards further connectivity and accessibility.

Global Passenger Information Display System Market 2025 – 2034 (By Billion)

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Passenger Information Display System Market Key Developments

In recent years, the Passenger Information Display System Market has experienced a number of crucial changes as the players in the market strive to grow their geographical footprint and improve their product line and profits by using synergies.

  • In September 2022, Mitsubishi had acquired EKE- Electronics Ltd. for the expansion of its business partnership along with growing its train passenger information systems sector.

These important changes facilitated the companies to widen their portfolios, to bolster their competitiveness and to exploit the possibilities for growth available in the Passenger Information Display System Market. This phenomenon is likely to persist since most companies are struggling to outperform their rivals in the market.

Passenger Information Display System Market Competitive Landscape

The Passenger Information Display System Market is highly competitive, with a large number of service providers globally. Some of the key players in the market include:

  • ALSTOM
  • HITACHI, LTD.
  • INDRA SISTEMAS, S.A.
  • MITSUBISHI ELECTRIC CORPORATION
  • CUBIC CORPORATION
  • SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED (ST ENGINEERING)
  • TELESTE CORPORATION
  • SIEMENS AG
  • THALES GROUP
  • TOSHIBA CORPORATION
  • Lot Group
  • Passio Technologies
  • Dysten
  • Cisco Systems
  • Wabtec Corporation
  • Others

These companies implement a series of techniques in order to penetrate into the market, such innovations, mergers and acquisitions and collaboration.

The emerging players in the Passenger Information Display System Market are focusing on the innovation, affordability, and integration of the advanced technologies for competing with the established market players. They are using AI, IoT, and cloud-based solutions to ensure data-driven communication with passengers in real time and at a cost-effective level for transit authorities.

Various startups and mid-sized companies are introducing the modular and scalable display systems with a focus on the specific regional needs such as energy-efficient e-paper displays for the interactive touchscreen solutions. Strategic partnerships with smart city initiatives and transport authorities provide additional market access for them. Focusing instead on versatility and digitalization, new players are shifting the competition landscape.

The Passenger Information Display System Market is segmented as follows:

By Display Type

  • LCD Display System
  • LED Display System
  • Others

By Transportation Mode

  • Roadways
  • Railways
  • Airways

By Component

  • Hardware
  • Software
  • Services

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Passenger Information Display System Market, (2025 – 2034) (USD Million)
    • 2.2 Global Passenger Information Display System Market : snapshot
  • Chapter 3. Global Passenger Information Display System Market – Industry Analysis
    • 3.1 Passenger Information Display System Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing Demand for Enhanced Passenger Experience
      • 3.2.2 Urbanization and Public Transit Investments
      • 3.2.3 Integration of IoT and Smart Technologies
      • 3.2.4 and Rising Investments in Digital Infrastructure
      • 3.2.5 Growing Emphasis on Safety and Security.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Display Type
      • 3.7.2 Market attractiveness analysis By Transportation Mode
      • 3.7.3 Market attractiveness analysis By Component
  • Chapter 4. Global Passenger Information Display System Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Passenger Information Display System Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Passenger Information Display System Market – Display Type Analysis
    • 5.1 Global Passenger Information Display System Market overview: By Display Type
      • 5.1.1 Global Passenger Information Display System Market share, By Display Type, 2024 and 2034
    • 5.2 LCD Display System
      • 5.2.1 Global Passenger Information Display System Market by LCD Display System, 2025 – 2034 (USD Million)
    • 5.3 LED Display System
      • 5.3.1 Global Passenger Information Display System Market by LED Display System, 2025 – 2034 (USD Million)
    • 5.4 Others
      • 5.4.1 Global Passenger Information Display System Market by Others, 2025 – 2034 (USD Million)
  • Chapter 6. Global Passenger Information Display System Market – Transportation Mode Analysis
    • 6.1 Global Passenger Information Display System Market overview: By Transportation Mode
      • 6.1.1 Global Passenger Information Display System Market share, By Transportation Mode, 2024 and 2034
    • 6.2 Roadways
      • 6.2.1 Global Passenger Information Display System Market by Roadways, 2025 – 2034 (USD Million)
    • 6.3 Railways
      • 6.3.1 Global Passenger Information Display System Market by Railways, 2025 – 2034 (USD Million)
    • 6.4 Airways
      • 6.4.1 Global Passenger Information Display System Market by Airways, 2025 – 2034 (USD Million)
  • Chapter 7. Global Passenger Information Display System Market – Component Analysis
    • 7.1 Global Passenger Information Display System Market overview: By Component
      • 7.1.1 Global Passenger Information Display System Market share, By Component, 2024 and 2034
    • 7.2 Hardware
      • 7.2.1 Global Passenger Information Display System Market by Hardware, 2025 – 2034 (USD Million)
    • 7.3 Software
      • 7.3.1 Global Passenger Information Display System Market by Software, 2025 – 2034 (USD Million)
    • 7.4 Services
      • 7.4.1 Global Passenger Information Display System Market by Services, 2025 – 2034 (USD Million)
  • Chapter 8. Passenger Information Display System Market – Regional Analysis
    • 8.1 Global Passenger Information Display System Market Regional Overview
    • 8.2 Global Passenger Information Display System Market Share, by Region, 2024 & 2034 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Passenger Information Display System Market, 2025 – 2034 (USD Million)
        • 8.3.1.1 North America Passenger Information Display System Market, by Country, 2025 – 2034 (USD Million)
    • 8.4 North America Passenger Information Display System Market, by Display Type, 2025 – 2034
      • 8.4.1 North America Passenger Information Display System Market, by Display Type, 2025 – 2034 (USD Million)
    • 8.5 North America Passenger Information Display System Market, by Transportation Mode, 2025 – 2034
      • 8.5.1 North America Passenger Information Display System Market, by Transportation Mode, 2025 – 2034 (USD Million)
    • 8.6 North America Passenger Information Display System Market, by Component, 2025 – 2034
      • 8.6.1 North America Passenger Information Display System Market, by Component, 2025 – 2034 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Passenger Information Display System Market, 2025 – 2034 (USD Million)
        • 8.7.1.1 Europe Passenger Information Display System Market, by Country, 2025 – 2034 (USD Million)
    • 8.8 Europe Passenger Information Display System Market, by Display Type, 2025 – 2034
      • 8.8.1 Europe Passenger Information Display System Market, by Display Type, 2025 – 2034 (USD Million)
    • 8.9 Europe Passenger Information Display System Market, by Transportation Mode, 2025 – 2034
      • 8.9.1 Europe Passenger Information Display System Market, by Transportation Mode, 2025 – 2034 (USD Million)
    • 8.10 Europe Passenger Information Display System Market, by Component, 2025 – 2034
      • 8.10.1 Europe Passenger Information Display System Market, by Component, 2025 – 2034 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Passenger Information Display System Market, 2025 – 2034 (USD Million)
        • 8.11.1.1 Asia Pacific Passenger Information Display System Market, by Country, 2025 – 2034 (USD Million)
    • 8.12 Asia Pacific Passenger Information Display System Market, by Display Type, 2025 – 2034
      • 8.12.1 Asia Pacific Passenger Information Display System Market, by Display Type, 2025 – 2034 (USD Million)
    • 8.13 Asia Pacific Passenger Information Display System Market, by Transportation Mode, 2025 – 2034
      • 8.13.1 Asia Pacific Passenger Information Display System Market, by Transportation Mode, 2025 – 2034 (USD Million)
    • 8.14 Asia Pacific Passenger Information Display System Market, by Component, 2025 – 2034
      • 8.14.1 Asia Pacific Passenger Information Display System Market, by Component, 2025 – 2034 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Passenger Information Display System Market, 2025 – 2034 (USD Million)
        • 8.15.1.1 Latin America Passenger Information Display System Market, by Country, 2025 – 2034 (USD Million)
    • 8.16 Latin America Passenger Information Display System Market, by Display Type, 2025 – 2034
      • 8.16.1 Latin America Passenger Information Display System Market, by Display Type, 2025 – 2034 (USD Million)
    • 8.17 Latin America Passenger Information Display System Market, by Transportation Mode, 2025 – 2034
      • 8.17.1 Latin America Passenger Information Display System Market, by Transportation Mode, 2025 – 2034 (USD Million)
    • 8.18 Latin America Passenger Information Display System Market, by Component, 2025 – 2034
      • 8.18.1 Latin America Passenger Information Display System Market, by Component, 2025 – 2034 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Passenger Information Display System Market, 2025 – 2034 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Passenger Information Display System Market, by Country, 2025 – 2034 (USD Million)
    • 8.20 The Middle-East and Africa Passenger Information Display System Market, by Display Type, 2025 – 2034
      • 8.20.1 The Middle-East and Africa Passenger Information Display System Market, by Display Type, 2025 – 2034 (USD Million)
    • 8.21 The Middle-East and Africa Passenger Information Display System Market, by Transportation Mode, 2025 – 2034
      • 8.21.1 The Middle-East and Africa Passenger Information Display System Market, by Transportation Mode, 2025 – 2034 (USD Million)
    • 8.22 The Middle-East and Africa Passenger Information Display System Market, by Component, 2025 – 2034
      • 8.22.1 The Middle-East and Africa Passenger Information Display System Market, by Component, 2025 – 2034 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 ALSTOM
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 HITACHI LTD.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 INDRA SISTEMAS S.A.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 MITSUBISHI ELECTRIC CORPORATION
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 CUBIC CORPORATION
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED (ST ENGINEERING)
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 TELESTE CORPORATION
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 SIEMENS AG
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 THALES GROUP
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 TOSHIBA CORPORATION
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Lot Group
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Passio Technologies
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Dysten
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Cisco Systems
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Wabtec Corporation
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments

List Of Figures

Figures No 1 to 25

List Of Tables

Tables No 1 to 77

Prominent Player

  • ALSTOM
  • HITACHI, LTD.
  • INDRA SISTEMAS, S.A.
  • MITSUBISHI ELECTRIC CORPORATION
  • CUBIC CORPORATION
  • SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED (ST ENGINEERING)
  • TELESTE CORPORATION
  • SIEMENS AG
  • THALES GROUP
  • TOSHIBA CORPORATION
  • Lot Group
  • Passio Technologies
  • Dysten
  • Cisco Systems
  • Wabtec Corporation
  • Others

FAQs

The “LCD Display System” category dominated the market in 2024.

The major drivers for the market growth are Increasing Demand for Enhanced Passenger Experience, Urbanization and Public Transit Investments, Integration of IoT and Smart Technologies, and Rising Investments in Digital Infrastructure, and Growing Emphasis on Safety and Security.

The major players in the market are Alstom, Hitachi Ltd., Indra Sistemas S.A., Mitsubishi Electric Corporation, Cubic Corporation, Singapore Technologies Electronics Limited (St Engineering), Teleste Corporation, Siemens Ag, Thales Group, Toshiba Corporation.

North America is expected to dominate the market over the forecast period.

The market is anticipated to reach US$ 65.49 billion by 2034 growing at a CAGR of 6.05%from 2025 to 2034.

The market is expected to record a CAGR of 6.05% during the forecast period growing from USD 31.93 billion in 2024.

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