Global Tunnel Automation Market Overview: 2024-2030

Base Year: 2023

Historical Years:  2019-22

Forecast Years: 2024-2030

The Global Tunnel Automation Market is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30.

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Global Tunnel Automation Market Dynamics: 2024-2030

Global Tunnel Automation Market Driver:

Rising Road Accidents to Propel the Demand for Tunnel Automation Solutions – There has been a significant surge in road accidents globally driven by poor driving, driving distractions & signage, lack of proper road infrastructure, etc. With the increasing number of road accidents and growing concern for road safety, the need for rapid and effective emergency responses like tunnel automation systems and continuous monitoring and surveillance within tunnels has increased. This, in turn, is creating a demand for automation systems, further driving the Global Tunnel Automation Market growth.

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Global Tunnel Automation Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Offering

-Hardware- Market Size & Forecast 2019-2030, (USD Million)

-Software- Market Size & Forecast 2019-2030, (USD Million)

-Services- Market Size & Forecast 2019-2030, (USD Million)

The Services offering is predicted to be the most prominent segment in the Tunnel Automation Market during the forecast period. 

By Tunnel Type

-Railway Tunnel- Market Size & Forecast 2019-2030, (USD Million)

-Roadway & Highway Tunnel- Market Size & Forecast 2019-2030, (USD Million)

By Component

-Traffic Management System - Market Size & Forecast 2019-2030, (USD Million)

-HVAC- Market Size & Forecast 2019-2030, (USD Million)

-Lightning & Power Supply - Market Size & Forecast 2019-2030, (USD Million)

-Signalization- Market Size & Forecast 2019-2030, (USD Million)

-Others (Fire Detection Systems, Evacuation Systems, etc.) - Market Size & Forecast 2019-2030, (USD Million)

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Europe is projected to be one of the leading region across the Global Tunnel Automation Market owing to the rising demand for public transportation systems in the region.

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Top Companies Operating in the Global Tunnel Automation Market:

Siemens AG, ABB, SICK AG, Honeywell International Inc., Codel International Limited, Trane, Swarco, Eaton, Kapsch TrafficCom, Signify Holding, SICE, Indra, Advantech Co, Ltd., SAGE Automation, PSI Incontrol Sdn Bhd and others

Industry Recent Development:

• 2023: Signify equipped Dublin Port Tunnel in Ireland, an iconic infrastructure spanning 9km, with energy-efficient LED lighting for all its 1800 light points in the tunnel.
• 2021: Siemens Intelligent Traffic Systems (ITS) launched its new brand Yunex Traffic and started operating as a new company of Siemens Mobility. The company will continue to provide solutions in the field of adaptive traffic control and management, highway, and tunnel automation.

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