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Tunnel Automation Market Size

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

Tunnel Automation Market Size

Tunnel Automation Market was valued at over USD 208 million in 2023 and is estimated to register a CAGR of over 12% between 2024 and 2032, driven by the urbanization and infrastructure development. With increasing thoughts in urban cities, there is an urgent need for additional transport infrastructure to handle increased mobility of city dwellers. The tunnels play a vital role in linking up urban centers thus easing congestion on roads which are on the surface while promoting efficient movement of people. Governments and transportation authority’s opt to construct and expand tunnels as a result of the challenges posed by urbanization.

 

Operational efficiency is a major factor for driving business growth. Tunnel operation and maintenance efficiency are gradually becoming priority among tunnel operators and transportation authorities. Automated systems provide real-time monitoring, predictive maintenance, and data analytics, optimizing the traffic flow, enhancing security standards & minimizing the downtime. With the aid of tunnel automation solutions, operators can standardize tasks, reduce manual interventions, and proactively handle proactive maintenance issues.
 

Technical complexity and integration challenges are major factors hampering the tunnel automation market. Implementing automation in tunnels, i.e., incorporating complex systems such as sensors, communication networks, control systems, and safety mechanisms, can be technically challenging with the need for specialized expertise and resources to ensure that there is a smooth inter-connectivity of these different systems. In addition, tunnels are harsh operating environments due to their limited space, high humidity, temperature variations, electromagnetic interference, etc., which make the deployment & maintenance of systems quite complicated.

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.

Tunnel Automation Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 362
  • Countries covered: 22
  • Pages: 230
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