The tunnel automation market share is expected to increase by USD 1.67 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.95%.
This tunnel automation market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers tunnel automation market segmentation by type (railway tunnel, high tunnel, and other tunnels) and geography (Europe, North America, APAC, MEA, and South America). The tunnel automation market report also offers information on several market vendors, including ABB Ltd., Advantech Co. Ltd., Agidens International NV, Eaton Corp. Plc, Honeywell International Inc., Indra Sistemas SA, INTIS doo, Johnson Controls International Plc, SICK AG, and Siemens AG among others.
What will the Tunnel Automation Market Size be During the Forecast Period?
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Tunnel Automation Market: Key Drivers, Trends, and Challenges
The increasing focus on tunnel safety is notably driving the tunnel automation market growth, although factors such as high costs associated with the deployment and maintenance of tunnel automation solutions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tunnel automation industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Tunnel Automation Market Driver
The increasing focus on tunnel safety is one of the key drivers supporting tunnel automation market growth. Tunnels are an indispensable part of road and rail infrastructure. Poorly managed tunnels can often lead to severe traffic congestion. Therefore, tunnel infrastructure requires extensive automation to ensure maximum safety and availability of tunnel systems for vehicles and travelers. Globally, many countries, particularly developed countries, implement regulations on minimum safety requirements and procedures in tunnel operations. There are some directives that mandate the use of various automation systems, including normal and emergency lighting, control systems, and others. Upgrading the existing tunnel infrastructure to meet regulatory requirements and the implementation of regulations in developing countries will drive the demand for tunnel automation solutions during the forecast period.
Key Tunnel Automation Market Trend
Integration of IoT and cloud with tunnel automation solutions is another factor contributing to tunnel automation market growth. Convergence of the Internet of Things (IoT), data analytics, and cloud computing fuels innovations in intelligent automation technologies and enables end-users with a competitive advantage over automation systems. IoT enables data sharing and transfer between standalone control systems and other devices such as thermostats, sensors, and lighting fixtures. However, the data received from these connected devices and control systems must be interpreted to analyze the tunneling efficiency. It also provides insights that help reduce energy expenses and minimize congestion, thereby enhancing transportation efficiency. Thus, emerging technologies may boost market growth during the forecast period.
Key Tunnel Automation Market Challenge
High costs associated with the deployment and maintenance of tunnel automation solutions is hampering the tunnel automation market growth. Costs associated with the deployment of tunnel automation solutions and the capital required for the subsequent operations and maintenance can account for a considerably large share of the overall tunnel project cost. In addition to the deployment costs, tunnel automation has significant lifecycle costs associated with it, including software subscription and support costs, manning and laboring charges, periodic inspection of entire systems, and hardware modernization and upgrade costs, which contribute significantly to the overhead costs over the installation costs. Such high costs will pose a serious challenge to the tunnel automation market during the forecast period.
This tunnel automation market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the tunnel automation market as a part of the global information technology spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tunnel automation market during the forecast period.
Who are the Major Tunnel Automation Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- Advantech Co. Ltd.
- Agidens International NV
- Eaton Corp. Plc
- Honeywell International Inc.
- Indra Sistemas SA
- INTIS doo
- Johnson Controls International Plc
- SICK AG
- Siemens AG
This statistical study of the tunnel automation market encompasses successful business strategies deployed by the key vendors. The tunnel automation market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- ABB Ltd. - The company offers a wide range of tunnel automation solutions such as Automation Builder, AC500 HA, S500 with Hot Swap, and many more.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The tunnel automation market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Tunnel Automation Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the tunnel automation market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the information technology spending market includes the following core components:
- Research and development
- Developers or manufacturers
- Sales and distribution
- End-users
The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.
Which are the Key Regions for Tunnel Automation Market?
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33% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for tunnel automation market in Europe. Market growth in this region will be slower than the growth of the market in other regions.
Investments in the development of better inter-regional transportation networks, including railway and road transportation infrastructure, such as the Trans-European Network for Transport (TEN-T) projects will facilitate the tunnel automation market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The emergence of the COVID-19 pandemic in 2020 interrupted the development of the region's tunnel automation market. The lockdowns and social distancing to stop the spread of the disease had a negative impact on the market in focus. As a consequence of rigorous vaccination programs and enforced social isolation, the lockdowns were lifted in 2021, and different upcoming projects such as HS2: The UK's plan to establish a high-speed rail link between London, Birmingham, and Manchester. The construction of this metro line began in 2012 with a $2.2 billion budget and is expected to be finished by the end of 2023. With the above developments, the market in focus in the region is expected to grow during the forecast period.
What are the Revenue-generating Type Segments in the Tunnel Automation Market?
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The tunnel automation market share growth by the railway tunnel segment will be significant during the forecast period. Railway tunnel operators are now implementing fixed fire suppression systems and advanced fire detection systems such as video-based automatic incident detection systems to deal with such fire hazards. The importance of rail-based transportation systems has increased because of their performance, low energy used, and their role in decarbonization as compared to other forms of transport. These factors work as an impetus for governments around the world to expand their existing rail transportation networks and set up new infrastructure.
This report provides an accurate prediction of the contribution of all the segments to the growth of the tunnel automation market size and actionable market insights on post COVID-19 impact on each segment.
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Tunnel Automation Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.95% |
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Market growth 2021-2025 |
$ 1.67 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.04 |
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Regional analysis |
Europe, North America, APAC, MEA, and South America |
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Performing market contribution |
Europe at 33% |
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Key consumer countries |
US, UK, China, Germany, and Russian Federation |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
ABB Ltd., Advantech Co. Ltd., Agidens International NV, Eaton Corp. Plc, Honeywell International Inc., Indra Sistemas SA, INTIS doo, Johnson Controls International Plc, SICK AG, and Siemens AG |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Tunnel Automation Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive tunnel automation market growth during the next five years
- Precise estimation of the tunnel automation market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the tunnel automation industry across Europe, North America, APAC, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of tunnel automation market vendors
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