Global Tunnel Automation Market Comprehensive Analysis and Forecast 2024 to 2030

Global Tunnel Automation Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Global Tunnel Automation Market is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30. The Global Tunnel Automation Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Tunnel Automation Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Tunnel Automation Market drivers, barriers, Global Tunnel Automation Market Trends, and Key Players in Global Tunnel Automation Market.
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Global Tunnel Automation Market Dynamics: 2024-2030
Global Tunnel Automation Market Driver:
Rising Road Accidents to Propel the Demand for Tunnel Automation Solutions – There has been a significant surge in road accidents globally driven by poor driving, driving distractions & signage, lack of proper road infrastructure, etc. With the increasing number of road accidents and growing concern for road safety, the need for rapid and effective emergency responses like tunnel automation systems and continuous monitoring and surveillance within tunnels has increased. This, in turn, is creating a demand for automation systems, further driving the Global Tunnel Automation Market growth.
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Global Tunnel Automation Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Offering
-Hardware- Market Size & Forecast 2019-2030, (USD Million)
-Software- Market Size & Forecast 2019-2030, (USD Million)
-Services- Market Size & Forecast 2019-2030, (USD Million)
By Tunnel Type
-Railway Tunnel- Market Size & Forecast 2019-2030, (USD Million)
-Roadway & Highway Tunnel- Market Size & Forecast 2019-2030, (USD Million)
By Component
-Traffic Management System - Market Size & Forecast 2019-2030, (USD Million)
-HVAC- Market Size & Forecast 2019-2030, (USD Million)
-Lightning & Power Supply - Market Size & Forecast 2019-2030, (USD Million)
-Signalization- Market Size & Forecast 2019-2030, (USD Million)
-Others (Fire Detection Systems, Evacuation Systems, etc.) - Market Size & Forecast 2019-2030, (USD Million)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Tunnel Automation Market:
Siemens AG, ABB, SICK AG, Honeywell International Inc., Codel International Limited, Trane, Swarco, Eaton, Kapsch TrafficCom, Signify Holding, SICE, Indra, Advantech Co, Ltd., SAGE Automation, PSI Incontrol Sdn Bhd and others.
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