50 likes | 56 Views
Globally, the European tunnel automation market generated the highest revenue in 2020, and it is expected to retain its dominance throughout the forecast period. This can be credited to the presence of a well-established transportation sector and the existence of multiple mountain ranges in the region. Additionally, the burgeoning demand for public transportation systems and soaring public awareness of the necessity of road and rail safety will also contribute to the market growth in Europe, in the foreseeable future. <br>
E N D
IoT and Cloud Computing To Improve Tunnel Automation Solutions Efficiency According to the World Health Organization (WHO), road crashes account for nearly 1.3 million human deaths each year. Road crashes have become the leading cause of death among children and young adults aged 5–29 years. Furthermore, the organization found that approximately 20–50 million people suffer non-fatal injuries during road accidents every year. Most of these injuries result in permanent disabilities. To reduce the frequency of such dreadful incidents, many governments are making huge investments in innovative technologies such as tunnel automation to enhance the functioning of lighting, surveillance, security, air conditioning, ventilation, and other systems. “Increasing Prevalence of Road Accidents Fueling Demand for Tunnel Automation” Additionally, the surging integration of cloud- and internet of things (IoT)-based automation solutions in tunnels is expected to fuel the tunnel automation market during the forecast period (2021–2030). According to P&S Intelligence, the market generated a revenue of $3.5 billion in 2050. The adoption of advanced technologies, such as cloud computing, IoT, and data analytics, in tunnel automation systems, offers a considerable
edge over manual management methods. These technologies allow the sharing and transfer of data between communication systems and other devices which enhances the efficiency of tunnels by analyzing the data to control the automation systems. “Automation Systems Were Integrated in Highest Numbers into Railway Tunnels” Nowadays, tunnel automation solution providers are focusing on product launches, acquisitions, and facility expansions to reach out to a wide customer base. For instance, in January 2018, Sick AG introduced a hot spot detector system to prevent vehicle fire in highway tunnels. Furthermore, in April 2018, Johnson Controls International Plc inaugurated its R&D complex in Central Pennsylvania, the U.S. to develop heating, ventilation, and air conditioning (HVAC) products. Similarly, in December 2019, Siemens AG opened "The Tunnel Digitalization Center" at Hagerbach test gallery at Flums Hochwiese for simulating and testing complex tunnel plans under real conditions. “Government Regulations Helping Tunnel Automation Market” The component segment of the tunnel automation market is classified into HVAC, signalization, lighting and power supply, and others such as traffic management, fire
detection, video surveillance, gas detection, central control and monitoring, communication, and incident detection. Among these, the HVAC category accounted for the largest share in 2020, and it is projected to witness the fastest growth during the forecast period. As ventilation inside tunnels is very important and its manual operation can be expensive, governments are mandating the installation of HVAC automated systems in tunnels. “Tunnel Automation Market to Flourish Most in Asia-Pacific (APAC) and Europe” These components are being deployed in railway tunnels and highway and roadway tunnels to avoid road accident cases and offer better facilities to travelers. In recent years, railway tunnels have been witnessing the large-scale adoption of automation components to improve tunnel functioning. Some of the key components of railway tunnel automation solutions are lighting and power supply, communication, fire and safety, air conditioning, and ventilation systems. The integration of these components helps in reducing security threats and increasing the safety of these tunnels. Tunnel Automation Market Growth Prospects, Key Vendors, and Future Scenario
Globally, the European tunnel automation market generated the highest revenue in 2020, and it is expected to retain its dominance throughout the forecast period. This can be credited to the presence of a well-established transportation sector and the existence of multiple mountain ranges in the region. Additionally, the burgeoning demand for public transportation systems and soaring public awareness of the necessity of road and rail safety will also contribute to the market growth in Europe, in the foreseeable future. Thus, the rising incidence of road accidents and increasing integration of IoT, cloud computing, and data analysis technologies in tunnel automation solutions will augment the adoption of such solutions in the forthcoming years.
About Us: P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact Us: P&S Intelligence International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com