Global Transit Station Display Boards Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Transit station display boards refers to integrated display equipment's. Transit station display boards are used for display of live information of arrival & departure of trains. Growing public transportation & mobility Sector and rising digitization of railway station across the globe as well as increasing infrastructure investment from government are key drivers for growth of Global Transit Station Display Market. For instance, as per Statista - as of 2022, revenue in the Public Transportation segment is estimated at USD 261.2 billion, and as per estimation the segment would witness CAGR of 5.11% between 2022 & 2026 & would reach to USD 318.8 billion by 2026. Furthermore, in March 2021, national railway company of Germany, Deutsche Bahn announced spending of USD 15.3 billion. This investment is intended for modernization of rail network and train stations. Also, growing security concern over public transportation and rising automation of transportation systems are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high installation cost along with complex integration requirements impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Transit Station Display Boards Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing technological advancements and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing transportation sector and increasing government investment in railway infrastructure, would create lucrative growth prospects for the Transit Station Display Boards Market across the Asia Pacific region.
Major market players included in this report are:
Softway Consultancy Pvt Ltd
Oat Foundry
Swarco Holding
Toshiba Infrastructure Systems & Solutions Corporation
LECIP INC.
Ortana
Roctec Technology Limited
TOYO DENKI SEIZO K.K.
Dysten Sp. z o.o.
NEXCOM International Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Single Line Display Board
Multiline Display Board
Platform Display Board
At-a-Glance Display Board
Coach Guidance Display Board
TV Display
Others
Installation
Wall Mounted
Overhead/Hanging
Standing
End User
Metro Train Stations
Mainline Train Stations,
Underground/Subway Stations
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Transit Station Display Boards Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
