Passenger Information Display Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Passenger Information Display Market is Segmented by Display Technology (LED Monochrome, LED RGB/Full-Colour, Mini-LED, LCD TFT, OLED, E-Paper, Hybrid Video Walls), Application (Railway Stations, Metro and Urban Rail, Airports, and More), Transport Mode (Public Transport Operators, Commercial Transport Operators, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Passenger Information Display Market Size and Share

Passenger Information Display Market (2025 - 2030)
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Passenger Information Display Market Analysis by Mordor Intelligence

The passenger information display market is valued at USD 29.99 billion in 2025 and is forecast to reach USD 58.12 billion by 2030, registering a robust 13.94% CAGR. Rising urban populations, continual digitization of public‐transport systems, and regulatory pressure for real-time, accessible communication are key factors underpinning this trajectory. Governments are prioritizing smart-city transportation upgrades, transit agencies are embedding IoT sensors into rolling stock and terminals, and display makers are shifting to energy-efficient formats to meet carbon-reduction targets. Competitive intensity is accelerating as suppliers integrate hardware, software, and analytics to win turnkey contracts, while programmatic advertising revenue offers operators fresh monetization avenues. Finally, regional growth differentials—most notably the outsized momentum in Asia-Pacific and Africa—are widening, prompting multinationals to localize procurement and service footprints.

Key Report Takeaways

  • By display technology, LED displays held 54.88% of the passenger information display market share in 2024, whereas e-paper displays are forecast to expand fastest at 18.40% CAGR through 2030.
  • By application, railway stations commanded 39.61% revenue share in 2024; Bus Rapid Transit systems are projected to post the highest 15.20% CAGR to 2030.
  • By transport mode, public transport operators controlled 69.84% of the passenger information display market size in 2024, while smart-city mobility hubs are anticipated to grow at 17.10% CAGR.
  • By region, Asia-Pacific led with a 42.73% share in 2024, whereas Africa is set to progress at a 15.80% CAGR through 2030.

Segment Analysis

By Display Technology: Energy-efficient formats accelerate replacement cycles

LED displays, despite drawing 54.88% revenue in 2024, are steadily ceding growth momentum to e-paper and hybrid video walls. Larger LED screens remain the default for main concourses due to high brightness and wide viewing angles. However, power budgets are prompting operators to favor bistable alternatives for timetable posters, rural stops, and auxiliary wayfinding. E-paper units, consuming only 7-8 mJ/cm² versus LCD’s continuous 6 µW/cm², support solar power and lower total cost of ownership, helping the passenger information display market expand into unpowered sites. Suppliers such as E Ink and Papercast installed Japan’s first smart bus stop in Aizuwakamatsu, validating outdoor durability and low-energy performance.

Mini-LED and micro-LED remain aspirational for mass deployment. Supply disruptions following project cancellations at major handset brands forced ams OSRAM to record EUR 600-900 million impairments, demonstrating procurement risk for transit buyers. Still, premium airport lounges and flagship metro hubs are piloting micro-LED walls for advertising revenue aligned with programmatic DOOH platforms. As these successes multiply, the passenger information display market size allocated to advanced emissive technologies is projected to outpace classical LCD growth between 2026 and 2030.

Passenger Information Display Market: Market Share by Display Technology
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Note: Segment shares of all individual segments available upon report purchase

By Application: BRT momentum reshapes deployment priorities

The passenger information display market size attached to railway stations is significant, with 39.61% share in 2024. Yet BRT corridors contribute the fastest 15.20% CAGR, driven by rapid network rollouts in Indonesia, Mozambique, and Kenyan metros. Semarang’s GPS-enabled governance demonstrates how real-time bus positioning and GSM data streams improve operational headways and passenger satisfaction. Railway stations, benefiting from legacy funding and high passenger throughput, continue investing in large-format LED boards and multilingual wayfinding software. However, capex cycles in rail are longer, moderating incremental growth relative to bus corridors.

Airports, ferry terminals, and cruise ports represent adjacent uptake verticals. The Federal Register’s 2025 maritime cybersecurity rules obligate cruise lines and port authorities to harden networks and modernize passenger notification systems. Consequently, coastal cities allocate budgets for weatherproof displays that double as emergency alert beacons during extreme events. Highway toll plazas increasingly deploy dynamic message signs to manage congestion and broadcast safety advisories, reflecting the passenger information display market’s diversification across surface-transport environments.

By Transport Mode: Mobility hubs catalyze ecosystem partnerships

Public transport operators held 69.84% of global revenue in 2024, anchoring the passenger information display market. Their dominance is underpinned by entrenched procurement frameworks and steady farebox or subsidy income. Nonetheless, integrated smart-city mobility hubs are expanding at 17.10% CAGR. Orange County’s mobility hub blueprint bundles bus, rail, bike-share, and micro-transit into a single campus, necessitating interoperable displays that switch context seamlessly between modes. These hubs emphasize journey orchestration over single-mode visibility, driving demand for cloud-native content platforms and open APIs.

Commercial fleet operators are also installing displays on charter buses and corporate shuttles to differentiate service and monetize captive audiences. Freight hubs co-located with passenger terminals use common signage infrastructure to publish customs alerts and slot-time updates, illustrating spillover opportunities for vendors. The passenger information display market therefore benefits from converging mobility services that blur traditional mode boundaries.

Geography Analysis

Asia-Pacific commands 42.73% of global revenue, reflecting monumental rail and bus infrastructure spending. China’s high-speed network alone spans 46,000 km and moves over 10 million passengers daily, necessitating resilient, bilingual display systems calibrated for sub-second latency. Shenyang Metro’s LTE-M upgrade spans 165 km and embeds passenger information alongside CBTC to ensure synchronized safety and service data. Japan is retrofitting 90% of its unpowered bus stops with solar e-paper, a strategy enabled by ultra-low power displays. Australia’s statewide rollout of real-time bus tracking further underscores APAC’s technology leadership.

Africa is the fastest-growing geography at 15.80% CAGR. Kigali’s smart-bus program publishes live arrivals and route maps to reduce commuter uncertainty and spur public-transit adoption. Funding from development banks and private investors is catalyzing BRT lanes in cities such as Lagos and Nairobi. Yet harsh climates and limited grid access heighten interest in solar-e-paper bundles, creating a distinctive technology mix in the passenger information display market.

North America and Europe show steady upgrade cycles anchored by regulatory compliance. The ADA and EU accessibility directives compel transit authorities to modernize signage with visual-audio parity. Alstom’s EUR 600 million contract with Deutsche Bahn to install 1,890 digital interlockings will pair signaling upgrades with refreshed passenger displays. 

Passenger Information Display Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The passenger information display market is moderately fragmented. Hitachi Rail’s USD 1.83 billion purchase of Thales’ Ground Transportation Systems business positions the enlarged entity to surpass USD 6.23 billion in annual rail revenue and shift its mix toward software-defined offerings by 2027. Siemens Mobility’s EUR 48 billion backlog and 8.9% margin demonstrate the scale advantages enjoyed by full-service integrators able to bundle signaling, rolling stock, and displays.

Energy efficiency and connectivity are principal differentiators. E Ink and Papercast target rural, solar-only deployments, while LG and Samsung focus on large-format LED and OLED panels for premium hubs. White-space entrants such as Connectpoint supply cloud CMS platforms that transform commodity hardware into intelligent end-points. Programmatic advertising specialists partner with transit agencies to unlock additional revenue, exemplified by the USD 17.28 billion DOOH segment growing at 7.77% CAGR. Established players defend share by offering lifecycle services—remote monitoring, spare-parts logistics, and cybersecurity patching—bundled under multiyear service-level agreements.

Regional localization is another competitive theme. Chinese suppliers leverage domestic scale to underprice imports across ASEAN and Africa, while European incumbents market proven compliance with stringent EN-50155 and cybersecurity standards. The passenger information display market therefore balances cost, energy profile, and regulatory alignment when transit agencies shortlist vendors.

Passenger Information Display Industry Leaders

  1. Alstom

  2. Cubic Corporation

  3. Hitachi Ltd.

  4. Indra Sistemas S.A.

  5. Mitsubishi Electric Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Passenger Information Display Market Concentration
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Recent Industry Developments

  • March 2025: Alstom signed a EUR 600 million framework agreement with Deutsche Bahn for German rail network digitalization, covering at least 1,890 interlocking units from 2025 to 2032.
  • June 2025: Alstom released a white paper on Adessia commuter trains, detailing sustainable mobility solutions and integrated passenger information systems.
  • October 2024: Cubic Transportation Systems won a Tasmanian government contract to deploy account-based smart ticketing across the state’s public transport network by 2026.
  • September 2024: Alstom secured an USD 84 million deal with Clark County Department of Aviation to supply ten Innovia APM R vehicles and upgrade Las Vegas airport’s people-mover system.

Table of Contents for Passenger Information Display Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Real-time service quality expectations
    • 4.2.2 Smart public-transport and IoT investments
    • 4.2.3 Urban metro network expansions
    • 4.2.4 Regulatory mandates on passenger accessibility
    • 4.2.5 Solar-powered e-paper roll-outs at rural stops
    • 4.2.6 Programmatic DOOH monetisation on displays
  • 4.3 Market Restraints
    • 4.3.1 High capex and OPEX for ruggedised outdoor units
    • 4.3.2 Cyber-security and legacy system integration risk
    • 4.3.3 MicroLED / driver-IC supply-chain volatility
    • 4.3.4 Night-time energy-curfew brightness limits
  • 4.4 Supply-Chain Analysis
  • 4.5 Technological Outlook
  • 4.6 Regulatory Landscape
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Display Technology
    • 5.1.1 LED Display
    • 5.1.2 LED RGB / Full-Colour
    • 5.1.3 Mini-LED
    • 5.1.4 LCD TFT
    • 5.1.5 OLED
    • 5.1.6 E-Paper
    • 5.1.7 Hybrid Video Walls
  • 5.2 By Application
    • 5.2.1 Railway Stations
    • 5.2.2 Metro and Urban Rail
    • 5.2.3 Airports
    • 5.2.4 Bus Rapid Transit and Terminals
    • 5.2.5 Ferry and Cruise Ports
    • 5.2.6 Highway Toll Plazas
  • 5.3 By Transport Mode (End-Use)
    • 5.3.1 Public Transport Operators
    • 5.3.2 Commercial Transport Operators
    • 5.3.3 Freight and Logistics Operators
    • 5.3.4 Smart-City Mobility Hubs
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 United Kingdom
    • 5.4.3.2 Germany
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Russia
    • 5.4.3.7 Rest of Europe
    • 5.4.4 Asia-Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 India
    • 5.4.4.4 South Korea
    • 5.4.4.5 Australia and New Zealand
    • 5.4.4.6 Rest of Asia-Pacific
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Middle East
    • 5.4.5.1.1 Saudi Arabia
    • 5.4.5.1.2 UAE
    • 5.4.5.1.3 Turkey
    • 5.4.5.1.4 Rest of Middle East
    • 5.4.5.2 Africa
    • 5.4.5.2.1 South Africa
    • 5.4.5.2.2 Nigeria
    • 5.4.5.2.3 Kenya
    • 5.4.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Alstom
    • 6.4.2 Cubic Corporation
    • 6.4.3 Hitachi Ltd.
    • 6.4.4 Indra Sistemas S.A.
    • 6.4.5 Mitsubishi Electric Corporation
    • 6.4.6 Advantech Co. Ltd.
    • 6.4.7 Cisco Systems Inc.
    • 6.4.8 Thales Group
    • 6.4.9 Siemens AG
    • 6.4.10 LG Electronics
    • 6.4.11 Teleste Corporation
    • 6.4.12 Daktronics Inc.
    • 6.4.13 E Ink Holdings
    • 6.4.14 Luminator Technology Group
    • 6.4.15 Aesys S.p.A
    • 6.4.16 Absen Optoelectronic
    • 6.4.17 Connectpoint Inc.
    • 6.4.18 Samsung Electronics
    • 6.4.19 Papercast Ltd.
    • 6.4.20 Annax (Wabtec)
    • 6.4.21 ST Engineering InfoComm Systems
    • 6.4.22 Railway Display Systems

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global Passenger Information Display Market Report Scope

Passenger Information Display Systems (PIDS) serve as electronic platforms delivering real-time updates to travelers across diverse transportation venues. Whether in elevators, trains, buses, airports, or other public transit hubs, PIDS play a pivotal role. They showcase vital details, including arrival and departure times, route specifics, station names, safety directives, and emergency notifications, all aimed at enhancing the passenger journey.

The study tracks the revenue accrued through the sale of passenger information display systems by various players across the globe. It also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyses the overall impact of COVID-19 aftereffects and other macroeconomic factors on the market. The report’s scope encompasses market sizing and forecasts for the various market segments.

The passenger information display market is segmented by display type (LED displays, LCD displays, OLED displays, and others), application (railway stations, airports, bus stations, and metros), end-use (public transport, commercial transport, and freight transport), and geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The market sizes and forecasts regarding value (USD) for all the above segments are provided.

By Display Technology LED Display
LED RGB / Full-Colour
Mini-LED
LCD TFT
OLED
E-Paper
Hybrid Video Walls
By Application Railway Stations
Metro and Urban Rail
Airports
Bus Rapid Transit and Terminals
Ferry and Cruise Ports
Highway Toll Plazas
By Transport Mode (End-Use) Public Transport Operators
Commercial Transport Operators
Freight and Logistics Operators
Smart-City Mobility Hubs
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia and New Zealand
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
UAE
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Kenya
Rest of Africa
By Display Technology
LED Display
LED RGB / Full-Colour
Mini-LED
LCD TFT
OLED
E-Paper
Hybrid Video Walls
By Application
Railway Stations
Metro and Urban Rail
Airports
Bus Rapid Transit and Terminals
Ferry and Cruise Ports
Highway Toll Plazas
By Transport Mode (End-Use)
Public Transport Operators
Commercial Transport Operators
Freight and Logistics Operators
Smart-City Mobility Hubs
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Australia and New Zealand
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
UAE
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Kenya
Rest of Africa
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Key Questions Answered in the Report

What is the current size of the passenger information display market?

The market stands at USD 29.99 billion in 2025 and is forecast to double to USD 58.12 billion by 2030.

Which region leads global demand?

Asia-Pacific accounted for 42.73% of revenue in 2024, propelled by extensive rail and bus infrastructure investments.

Why are e-paper displays gaining traction?

E-paper consumes as little as 7–8 mJ/cm², enabling solar-powered installations that lower operating costs and support rural rollouts.

What segment is growing fastest?

Bus Rapid Transit applications are expanding at a projected 15.20% CAGR through 2030, helped by network expansions in Africa and Southeast Asia.

Page last updated on: May 5, 2025