Global tunnel automation market expected to reach around USD 5.11 billion by 2024, with a CAGR of 8.93% between 2018 and 2024. Rising accident cases and advancements in traffic automation technology are the key drivers in the global tunnel automation market.
Tunnel Automation Market
The report covers a forecast and an analysis for the tunnel automation market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers, challenges, and restraints for the tunnel automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the tunnel automation market on a global level.
This report offers comprehensive coverage on the global tunnel automation market along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the tunnel automation market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary, and the primary research team of industry experts.
The study provides a decisive view of the tunnel automation market by segmenting the market based on component, tunnel type, system, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By component, the market is segmented into hardware, software, and services. The tunnel type segment comprises a railway tunnel, roadway tunnel, and others. By system, this global market is segmented into HVAC, lighting and power supply, signalization, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with their further division into the U.S., UK, Germany, France, India, China, Japan, and Brazil.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global tunnel automation market. The report includes the company profile of Johnson Controls, Siemens, ABB Group, Trane, Eaton, Honeywell, Sick AG, Philips Lighting, Swarco, and Kapsch, among others.
This report segments the global tunnel automation market as follows:
Global Tunnel Automation Market: Component Segment Analysis
Global Tunnel Automation Market: Tunnel Type Segment Analysis
Global Tunnel Automation Market: System Segment Analysis
Global Tunnel Automation Market: Regional Segment Analysis