The tunnel automation market is categorized into highway and roadway tunnels and railway tunnels, depending on tunnel type. Of these, the railway tunnels category contributed higher revenue to the market in 2020. This is ascribed to the various benefits of railway tunnel automation solutions, such as reduced security and safety threats and enhanced efficiency of tunnel operations.
Fire and safety, lighting and power supply, ventilation, signalization, communication, and air conditioning systems are some of the major components of these tunnel automation systems. When component is taken into consideration, the tunnel automation market is classified into heating, ventilation, and air conditioning (HVAC), signalization, and lighting and power supply.
Amongst these, the HVAC category dominated the market in 2020, and it is predicted to demonstrate the highest CAGR in the market throughout the forecast period. This is credited to the extensive usage of HVAC components in tunnel automation. Moreover, the requirement for proper ventilation of heat and several harmful gases that are emitted by trains and vehicles that pass through the tunnels is also fueling the growth of the category.
Globally, Europe will dominate the tunnel automation market during the forecast period, as per the forecast of P&S Intelligence, a market research company based in India. This is attributed to the several projects and initiatives launched by the governments of regional countries for optimizing transportation systems, existence of mountain ranges, surging incidence of road accidents, rising requirement for public transportation systems, and growing public awareness about road and rail safety in the region.
Hence, the market will register rapid expansion in the coming years, mainly because of the rising requirement for improved tunnel and road safety and the growing adoption of advanced technologies in tunnel automation systems across the world.
Fire and safety, lighting and power supply, ventilation, signalization, communication, and air conditioning systems are some of the major components of these tunnel automation systems. When component is taken into consideration, the tunnel automation market is classified into heating, ventilation, and air conditioning (HVAC), signalization, and lighting and power supply.
Amongst these, the HVAC category dominated the market in 2020, and it is predicted to demonstrate the highest CAGR in the market throughout the forecast period. This is credited to the extensive usage of HVAC components in tunnel automation. Moreover, the requirement for proper ventilation of heat and several harmful gases that are emitted by trains and vehicles that pass through the tunnels is also fueling the growth of the category.
Globally, Europe will dominate the tunnel automation market during the forecast period, as per the forecast of P&S Intelligence, a market research company based in India. This is attributed to the several projects and initiatives launched by the governments of regional countries for optimizing transportation systems, existence of mountain ranges, surging incidence of road accidents, rising requirement for public transportation systems, and growing public awareness about road and rail safety in the region.
Hence, the market will register rapid expansion in the coming years, mainly because of the rising requirement for improved tunnel and road safety and the growing adoption of advanced technologies in tunnel automation systems across the world.
Comments
Post a Comment