Tunnel Automation Market Share, Size, Future Demand, and Top Leading Player
Posted by Devanshu Shrivastava on November 25th, 2021
The increasing prevalence of road accidents is one of the major factors driving the demand for tunnel automation across the world. Due to the rising requirement for improved road and vehicle safety, many governments are making huge investments in innovative and advanced technologies that can massively improve the road safety and the flow of traffic. Tunnel automation is one such innovative technology that enhances the road safety by improving surveillance, security, ventilation, lighting, and air conditioning inside the tunnel.
Besides the aforementioned factor, the growing adoption of cloud-based automation solutions and the internet of things (IoT) in tunnels is also pushing up the demand for tunnel automation. Moreover, the tunnel automation systems are increasingly being integrated with various advanced technologies such as cloud computing, data analytics, and the IoT. These technologies enable the sharing of data between different communication systems and several other devices such as sensors, lighting systems, and thermostats.
As a result, the value of the market is predicted to grow significantly in the coming years. Depending on tunnel type, the market is divided into highway and roadway tunnels and railway tunnels categories. Between these two, the railway tunnels category dominated the market in 2020. This was because of the various benefits of integrating tunnel automation solutions in railway tunnels such as reduced security and safety threats and improved efficiency of various tunnel operations.
Signalization, lighting and power supply, fire and safety, air conditioning, communication, and ventilation systems are some of the major elements of railway tunnel automation, that greatly improve tunnel functioning. The tunnel automation market is also categorized, based on component, into signalization, heating, ventilation, and air conditioning (HVAC), and lighting and power supply. Out of these, the HVAC category led the market in 2020, and it is predicted to exhibit the fastest growth in the coming years.
Therefore, the demand for tunnel automation systems will surge in the forthcoming years, primarily because of the rising incidence of road accidents, increasing enactment of stringent road safety regulations by various governments, and the increasing number of tunnel construction projects in several countries.
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About the AuthorDevanshu Shrivastava
Joined: January 31st, 2020
Articles Posted: 105
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