Home > Construction > Construction Equipment > Tunnel Automation Market

Tunnel Automation Market Share

Report ID: GMI8721
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Tunnel Automation Market Share

Siemens and ABB held a significant share of over 18% in the tunnel automation industry in 2023. Siemens has positioned itself as one of the major key players by providing holistic solutions that improve efficiency and safety in tunnels. These encompass state-of-the-art automation systems, control technologies and smart monitoring tools that are aimed at streamlining traffic, increasing security measures, and reducing any possible environmental pollution.

ABB is well-known for integrating its comprehensive solutions into tunnel management and control systems. ABB’s range of offerings includes but is not limited to services such as tunnel ventilation, lighting, traffic control, fire detection and emergency response.

Tunnel Automation Market Companies

Major players operating in the tunnel automation industry are:

Siemens
Johnson Controls
ABB
Honeywell
Philips Lighting
Eaton
Osram

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of tunnel automation was reached USD 208 million in 2023 and is estimated to register a CAGR of over 12% between 2024 and 2032, driven by urbanization and infrastructure development.

The HVAC segment held the largest market share of over 40% in 2023 and is poised to gain demand through 2032, as tunnel automation enables accurate control alongside HVA equipment monitoring with the aim of optimizing energy saving while minimizing operational costs.

North America tunnel automation market accounted for over 37% revenue share in 2023 and will continue to grow through 2032, favored by the renovation of aging transportation infrastructures, such as tunnel systems for roads, rails & underground trains.

Siemens, Johnson Controls, ABB, Honeywell, Philips Lighting, Eaton, and Osram are some renowned names in tunnel automation market.