The Tunnel Automation Market to Thrive at A CAGR of 7.8% From 2024 To 2030

The Tunnel Automation Market is anticipated to witness a CAGR of around 7.8% from 2024 to 2030., says Markntel Advisors in its recent research report. According to the report, the credit goes to the escalating rate of road accidents caused by overspeeding and distracted driving, followed by inadequate road design and insufficient traffic management infrastructure.

Adopting tunnel automation systems enhances road safety, particularly within tunnels. These systems use advanced technologies to prevent, mitigate, and respond to accidents, further facilitating market growth. Similarly, the increasing integration of smart cities in countries like India and Saudi Arabia, driven by government initiatives and a surge in innovation, is a crucial catalyst for market growth. These factors collectively propel the growth of the Global Tunnel Automation Market during the forecast period.

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Insights into The Global Tunnel Automation Market Research Report: Forecast (2024-2030)

By Offering (Hardware, Software, Services)

The Tunnel Automation Market is anticipated to witness significant growth in its Services segment throughout the forecast period. This prominence is attributed to the frequent need to install and modify HVAC, electrical, lighting, firefighting, and other tunnel systems. Services include maintenance, upgrades, and troubleshooting, ensuring sustained automation system performance. Additionally, the integration of new systems and the reconstruction of existing tunnels fuel the demand for services. The continual necessity for efficient operation further propels the service segment’s growth, leading to increased market share from 2023 to 2030.

By Tunnel Type (Railway Tunnel, Roadway & Highway Tunnel)

The Tunnel Automation Market is poised to witness a significant share held by Railway Tunnels, propelled by the escalating construction of subway and railway tunnels worldwide. The global surge in population is fostering the demand for efficient and swift transportation systems, driving the expansion of railways and their interconnected tunnels. Furthermore, the increasing occurrence of railway accidents within tunnels underscores the need for tunnel automation, thereby fueling the growth of this segment in the global Tunnel Automation Market. The confluence of these factors positions Railway Tunnels as a substantial player in shaping the market’s trajectory.

By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

Europe is expected to emerge as a key player in the Global Tunnel Automation Market, driven by escalating demand for robust regional public transportation systems. The well-established and expansive transportation infrastructure in Europe, featuring a multitude of tunnels, contributes to its leading position. Notably, countries like the United Kingdom, Germany, and Italy showcase significant growth in the European Tunnel Construction Market, with numerous major tunnel projects underway or planning.

A noteworthy development is the completion of testing for AXEL (Autonomous Exploration Electrified Vehicle), a groundbreaking robot designed by Webuild and its subsidiary CSC Costruzioni in April 2022. AXEL, a remote-controlled robot, assesses atmospheric conditions in tunnels, enhancing worker safety during the Turin-Lyon base tunnel excavation. This deployment marks Italy’s pioneering use of robotic tunnel exploration in railway construction. Moreover, adopting diverse technologies driven by government initiatives and regulations further fortifies Europe’s standing in the global Tunnel Automation Market, contributing to an expansion of the market.

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Prominent Players and Their Actions

The key players in the market are 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. In 2021, Siemens Intelligent Traffic Systems (ITS) unveiled its rebranded identity as Yunex Traffic and commenced operations as a distinct entity within Siemens Mobility. Yunex Traffic remains committed to delivering solutions in adaptive traffic control and management, as well as highway and tunnel automation.

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