Passenger Information System Market - Outlook (2015-19) for APAC
[email protected] +1-408-469-4380 +91-80-6134-1500 www.researchfox.com  1 ResearchFox Consulting is an Indian market research and consulting firm based in Bangalore. We strive to provide our clients with research data and reports which they can trust and analyze. Insights gleaned from our detailed and comprehensive research reports helps our clients stay ahead of trends. ResearchFox serves clients with services from data collection to analysis and reports. ResearchFox has extensive sector expertise and its consultants are abreast of global trends and issues across industries. Our areas of expertise include Manufacturing, IT, FMCG, Healthcare, Automotive, Government Sector and NGO, BFSI and Retail. Disclaimer : This report is furnished to the recipient for information purposes only. Each recipient should conduct their own investigation and analysis of any such information contained in this report. No recipient is entitled to rely on the work of ResearchFox Consulting Pvt.Ltd. contained in this report for any purpose. ResearchFox Consulting Pvt. Ltd. makes no representations or warranties regarding the accuracy or completeness of such information and expressly disclaims any and all liabilities based on such information or on omissions therefrom. The recipient must not reproduce, disclose or distribute the information contained herein without the express prior written consent of ResearchFox Consulting Pvt.Ltd. Copyright © 2015. ResearchFox Consulting Private Limited  2 Table of Contents 1. Introduction 1.1. Report Description 1.2. Objective 1.3. Scope of the Research 1.4. Regions Covered 1.5. Key Takeaways 1.6. Key Stakeholders 1.7. Key Terminologies 1.8. List of Abbreviations 2. Executive Summary 2.1. Executive Overview 3. Research and Forecasting 3.1. Research Methodology 3.2. Forecasting Methodology 4. Industry Landscape 4.1. Market Size and Growth 4.2. Competitive Landscape 4.3. Market Share 4.4. Company Classification 4.5. Region Outlook 4.6. Market Metrics 4.7. Porter's Five Forces Model 4.8. Key Drivers Analysis 4.9. Key Constraints Analysis 4.10. Key Opportunities Identified 4.11. Key Challenges Identified 5. Market Segmentation 5.1. Region     5.1.1. APAC     5.1.1.1.  Market Size and Forecasting     5.1.1.2.  Key Drivers Analysis     5.1.1.3.  Key Constraints Analysis     5.1.1.4.  Key Opportunities Identified     5.1.1.5.  Key Challenges Identified     5.1.1.6.  Sub Segments     5.1.1.6.1.  Component : Multimedia Devices     5.1.1.6.2.  Component : Public Annoucement Devices     5.1.1.6.3.  Component : Network & Communications     5.1.1.6.4.  Component : Sensors     5.1.1.6.5.  Component : Others  3     5.1.1.6.6.  Transportation : Airways     5.1.1.6.7.  Transportation : Railways     5.1.1.6.8.  Transportation : Roadways  4 dfgfd dfgfdh dfgfh dfhgf Introduction 01  5 1.  Introduction 1.1.  Report Description As, the need for real time access to passenger information is growing day by day. Passengers are now able to access their journey information on their personal devices. Many transit agencies across geographic regions are installing these passenger information system in all transportation medium. Technical advancement and growing cellular network capability has enabled the passengers to save their time in searching for required information. This report presents interpretative and easy-to-understand facts on how the current Passenger Information System (PIS) market is segmented based on transportation, components and geographies. It cuts through several facets of the PIS market such as market size, market share for each segment, the drivers and constraints of PIS marketplace. Report also provides information on the challenges and opportunities that lie ahead for these PIS devices. 1.2.  Objective 1. To understand the Passenger Information System (PIS) market across the globe by addressing the challenges faced by the industry with regards to adoption of these systems 2. To estimate the present size of the Passenger Information System (PIS) market and to forecast its future values. 3. Realise how drivers, constraints, opportunities and challenges would impact various business functions across regions. 1.3.  Scope of the Research Scope of the research was limited to understanding the market share across segments. Key drivers, constraints and challenges along with their impact on various business functions in both short term and long term were addressed. Segmentations and forecasting were done based on: 1. By Transportation 2. By Components and 3. Region based segmentation 1.4.  Regions Covered 1. North America (USA, Canada and Mexico) 2. South America (Brazil, Argentina and Colombia) 3. Europe ( Uk, Italy, France, Germany and others) 4. APAC (Australia, India, China, Japan, Singapore and others) 5. ROW ( Middle East and Africa, Russia and other countries) 1.5.  Key Takeaways The research conducted to understand Passenger Information System (PIS) markets in different regions of  6 the globe have revealed some valuable insights. Some of the key take away points involve information given below: 1. APAC is growing at a highest CAGR of 30.71% till 2019. 2. The market share of Passenger Information System (PIS) market is USD 5268.37 million in 2014 and growing at an impressive CAGR of over 27.11%. 3. Passengers travelling through Airways in North America is high compared to other regions. 4. Multimedia device adoption in APAC in growing at an impressive CAGR of 30.00% till 2019. 1.6.  Key Stakeholders 1. Passenger Information System (PIS) providers: Passenger Information System (PIS) manufacturers will be able to assess the market mood and accordingly develop products as per the changing requirements of customers. 2. Global Investors: Those investors who look to fund new and budding Passenger Information System (PIS) start-ups will get clearer picture about the market and its trends. 3. Industry Watchers: Industry and trend watchers are always referred to as trusted advisors who follow markets. The report would add to their knowledge repository, creating value for their know-how. 4. Passenger Information System (PIS) operators across the different regions. 5. Transit agencies across the regions  7 1.7.  Key Terminologies 1. PIS: Passenger Information System, which provide information to passengers about their journey details. 2. Advanced Traffic Management Systems (ATMS): Advanced system that manages the traffic without any human interruption. 3. Intelligent transportation system (ITS): It is an advanced application which, without embodying intelligence as such, aim to provide innovative services relating to different modes of transport and traffic management. 4. North America: North America includes the countries - USA (United States of America), Canada and Mexico 5. Europe: Europe includes countries - UK (United Kingdom), France, Italy, Germany and Spain. 6. APAC (Asia Pacific): Asia Pacific includes countries - India, China, Japan, Philippines, and Australia. 7. South America: South America includes the countries - (Brazil, Argentina and Colombia) 8. Rest of World (ROW): Rest of World includes Middle East and Africa, Russia and other countries  8 1.8.  List of Abbreviations 1. PIS: Passenger Information System 2. GPS: Global Positioning System 3. ATMS: Advanced Traffic Management Systems 4. ATIS :Advanced Traveller Information services 5. ISTEA: Intermodal Surface Transportation Efficiency Act 6. PIDS: Passenger Information Display System 7. APC: Automatic Passenger Counting 8. AVL: Automatic Vehicle Location 9. ITS: Intelligent transportation system 10. APTS: Advanced Public Transportation System 11. LED: Light Emitting Diode 12. LCD: Liquid Crystal Display 13. 3G: Third Generation Cellular Network 14. 4G: Fourth generation Cellular Network 15. GDRFA (Dubai): General Directorate of Residency and Foreigners Affairs in Dubai 16. PED?s: Personal Electronic Devices 17. ASK: Available Seat Kilometer 18. IATA: International Air Transport Association 19. RPK: Revenue Passenger Kilometer 20. WRI: World Resources Institute 21. LTE: Long Term Evolution  9 dfgfd dfgfdh dfgfh dfhgf Executive Summary 02  10 2.  Executive Summary 2.1.  Executive Overview Passenger Information System (PIS) market is an emerging device segment which is grabbing attention all over the globe. Growing need for real time access of passenger information is enabling the implementation of these systems. However, the usability of these PIS is limited to and largely dependent on the infrastructure present in the respective geographies. North America is supported by developed PIS infrastructure which aids in the sales of PIS devices. Public Infrastructure is well developed and connectivity across the region is quite good, Emergence of social media and growth of smartphone technology is changing how passengers and commuters are accessing rail passenger information. Transit agencies in this region are recognizing the need for invest PIS Europe has a well-established infrastructure and investment is quite good when it comes to installation of PIS. Growing social media is also one of the factor for growth of passenger information system. Western Europe especially has a good network capability and connectivity, transit operators have equipped bus stops and train stations with vehicle locator systems that give waiting patrons up-to-date information on the status of pending service. Ticket purchasing is made convenient and fast through nearly ubiquitous selling points and off-board, automated fare collection. All these replacement of new devices from legacy system have resulted to grow PIS. Passenger Information System in APAC region has evolved over the years. Mobility and growing information accessibility has compelled the organization to address the issue of PIS. Asia pacific region housing densely populated nations like China and India will witness greater need for Passenger Information Systems. PIS in South America is still in infancy stage. Number of passengers travelling is increasing by day and need for PIS was felt more than before. Road and railway construction in on the rise owing to the growing population in the region. Hence, the need for PIS will also be high. PIS market is expected to grow from USD 5268.37 Million in 2014 to USD 17478.87 Million by 2019 with a CAGR of 27.11%.  11 dfgfd dfgfdh dfgfh dfhgf Research and Forecasting 03  12 3.1.  Research Methodology Base Year: 2014 Forecasting Period: 2015 - 2019 3.1.1.  Sampling The leading suppliers of each end-user product categories that were chosen to provide a larger representative sample. Purposive unit sampling was adopted for every service segment such as verticals, regions, end-users and others. This was resorted to, in order to elicit the appropriate inputs with regard to the qualitative growth aspects of the market. 3.1.2.  Secondary Research The research methodology that was carried out was desk research through various journals, association reports, and in house database to build a knowledge base on various market service segments, product categories and industry trends. Various fact based data was analyzed. Some of the sources included: a. ResearchFox Knowledge Base: Previous data on the market has been put through a rigorous and comprehensive analysis to analyze the current state. b. Desk Research: Industry reports, annual reports, press releases, webinars, journals and publication, independent rating agencies and government statistics. 3.1.3.  Primary Research Primary interviews were conducted among various stakeholders: Product and service companies Members of associations and alliances Subject Matter Experts and Evangelists Consultants and Strategists  13 3.1.4.  Industry Information It was essential to understand the current industry landscape, market dynamics, security ecosystem and competitor metrics. To estimate the global market, Chief Experience Officers (CXOs), Marketing Heads, Sales Managers and product stakeholders were interviewed. 3.1.5.  Technical Information In addition to the interviews with leading participants for industry-related information, ResearchFox conducted interviews with Research and Development (R&D) and Design and Development teams to understand the current usage of the products by service type and also to find out the emerging trends. Finally, interviews with suppliers were conducted to cross check the validity of information and also to understand the emerging trends in the end-user segment. The detailed methodology for primary research is outlined below. 3.1.6.  Primary Interview Questionnaire Design ResearchFox developed a detailed questionnaire, which was used by the analysts as a guide for their discussions. This process ensured the collection of all necessary data. The questionnaire was designed to elicit unbiased industry level data (market size, production, sales, and others), that had check points (questions such as company level information and their position in the industry acted as check points) to ensure accuracy of the data. The questionnaire included the following sections: 1. Industry level information 2. Characteristics and Dynamics 3. Company-specific information 4. Market segmentation data 3.1.7.  Interview Questionnaire Test and Validation Following the design of the questionnaire, ResearchFox carried out some initial interviews to verify that the appropriate market and technology data was generated. After the final design of the questionnaire, ResearchFox began full scale primary research. Specific companies targeted for primary research interviews were selected based upon market participation. Higher was the entity's profile, more attractive was the entity.  14 3.1.8.  Interview Process As participants respond in the course of an interview, ResearchFox analysts are trained to move from lower priority and/ or sensitive topics to increasingly key and/or sensitive topics in response to the interviewee's behavior. This responsive and reflective interview process, combined with the analysts' ability to discuss the industry and technical issues in an open and sharing environment, allows ResearchFox to probe for key data, operations, and competitive information. Multiple contacts within a single organization and with an individual are often planned and/or staged in order to optimize and complete the information gathering process. 3.1.9.  Research Validation At a point, when 20 percent of the research interviews and/or data collection had been completed, ResearchFox consultants evaluated the preliminary findings to assure that up-to-date results are in line with project objectives. The analyst team analyzed the information from the interviews and information was validated through a combination of the following validation techniques: Cross checking with other primary data and previously developed in-house research Review of secondary information, such as trade journals, annual reports and industry directories  15 3.2.  Forecasting Methodology 3.2.1.  Step-by-Step Methodology for Market Estimation and Forecasting Market Estimation and Forecast Methodology, 2015 Step Method 1 Understand the market mechanism for the market through structured, systematic and theoretically established norms of analyzing, designing, introducing and quality assurance of the market estimation 2 Measuring the various market drivers, constraints, opportunities and challenges at regular intervals of time 3 Integrate expert-opinion of discussions in consultation with the ResearchFox Analyst team 4 Market estimation and forecast calculation 5 Delphi method and Causal Analysis used as and when required 6 Rigorous quality check with heads of Research Team, Subject Matter Experts and Consultants before final publication Source: ResearchFox Significance and Importance of the Market Forecast, 2015 Sr. No. Significance and Importance 1 Helps revisit on the company's R&D investments 2 Keeps the Sales and Marketing team posted on the market prospects 3 Strategize investment and expansion plans 4 Improve business planning 5 Helps create business aims and set sales figures within the company 6 Aware of the current market competition 7 Support plans for Merger and Acquisition (M&A) Source: ResearchFox  16 About ResearchFox WHAT WE STAND FOR We strive towards helping our customers take informed decisions by providing different perspectives for business. We don't believe in flashing LOGOs but are proud to mention that we have been helping all sizes of businesses since our inception. We are glad to have contributed in our own little way towards making a business successful. Whether you are a start-up or a large enterprise, we assure equal treatment to all, after all "Customer is King"! THE TEAM We are a bunch of 25 people with handful of grey hair between us. Our humble experience of around 75 man years in market research and business consulting has led us to believe that this industry is ripe for disruption. With the advent of enterprise consumerization and rapid digitization across industries, days are numbered for traditional business models of market research and consulting services. We make all efforts to bring different (fresh) perspectives to Market, Competition, and Growth of your business. Contact Us: Suggest a Report Topic: Report topics are approved based on number of users with the same suggestion and users are notified when the topic is approved. If you prefer to customize a report, or would like to get your report done exclusively in less than a months time! Bangalore # 4 & 5, 1st & 2nd Floor, 1st Cross, Krishna Reddy Colony, Domlur Layout, Bangalore 560 071, India Phone: +91-80-61-341500 Email:
[email protected] Hyderabad # 104 & 105, 1st Floor, Bhuvana Towers, CMR Building, Sarojini Devi Road, Secunderabad 500 003, India Phone: +91-40-49-084455 Email:
[email protected] Pune 6th Floor Pentagon P-2, Magarpatta City, Hadapsar, Pune 411 028, India Phone: +91-20-6500-6541 Email:
[email protected] Philippines L29 Joy Nostalg Centre, 17 ADB Avenue, Ortigas Center, Pasig City, Manila, Philippines - 1600 Email:
[email protected] The information contained here in is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. Â 44