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.

However, with the outbreak of COVID-19 since December 2019, the market of the global passenger information system industry has shown declining results in the growth rate. The passenger information system industry has suffered most due to the lockdown situation going on across the globe. Additionally, numerous modes of transportation such as railway and airplanes were also shut down completely or partially in many countries all across the globe as a preventive measure to restrict the COVID-19 spread.

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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.

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Verticals Affected Most

Airways

Roadways

Waterways

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

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.

6.6.Siemens AG

TE Connectivity Ltd.

Advantech Corp.

Thales SA

Cubic Transportation Systems Inc.

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