Tunnel Automation Market is expected to grow at a CAGR of 7%-9% – An exclusive market research report by Lucintel

Tunnel Automation Market is expected to grow at a CAGR of 7%-9% - An exclusive market research report by Lucintel

“Trends and Forecast for the Global Tunnel Automation Market”
Trends, opportunities and forecast in tunnel automation market to 2025 by component (HVAC, lighting & power supply, signalization), offering (hardware, software, and services), tunnel type (railway tunnels and highway & roadway tunnels), and region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel’s latest market report analyzed that tunnel automation provides attractive opportunities in the infrastructure industry. The tunnel automation market is expected to grow at a CAGR of 7%-9%. In this market, services are the largest segment by offering, whereas railway tunnels are largest by tunnel type.

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Based on offering, the tunnel automation market is segmented into hardware, software, and services. The services segment is accounted for the largest share of the market in 2020 as there is frequent requirement for installation (installation of HVAC, electrical and lighting, firefighting, and other systems), design and engineering, project management and execution, life cycle, and maintenance services.

Browse in-depth TOC on “Tunnel Automation Market”

XX – Tables

XX – Figures

150 – Pages

The tunnel automation market is marked by the presence of several big and small players. Some of the prominent players offering tunnel automation include Siemens, Johnson Controls International, ABB, SICK, Honeywell International, Philips Lighting, Trane, Swarco, Eaton, and Kapsch.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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