What is the current Tunnel Automation Market size?

The Tunnel Automation Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029) Read More

Who are the key players in Tunnel Automation Market?

Siemens AG, Johnson Controls Inc., ABB Limited, SICK AG and Signify Holding BV are the major companies operating in the Tunnel Automation Market. Read More

Which is the fastest growing region in Tunnel Automation Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Tunnel Automation Market?

In 2024, the North America accounts for the largest market share in Tunnel Automation Market. Read More

What years does this Tunnel Automation Market cover?

The report covers the Tunnel Automation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tunnel Automation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Tunnel Automation Market - Share, Size & Trend

Tunnel Automation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Tunnel Sensor Market is Segmented by Offering (Hardware, Software, Services), Component (Lighting & Power Supply, Signalization, HVAC), Tunnel Type (Railways, Highways & Roadways), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Tunnel Automation Industry Overview

The Tunnel Automation Market is moderately competitive and consists of some influential players. These players are concentrating on expanding their customer base across foreign countries. They are also leveraging strategic collaborative actions to improve their market percentage and enhance their profitability.

October 2021 - Signify announced the installation of LED lighting in the Ahmed Hamdy 2 Tunnel. The company installed all lighting units and control devices, along with a full range of supply, monitoring, operation, programming, and start-up services in both directions of the 4,250-meter-long tunnel, which runs underneath the Suez Canal.
July 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 as well as smart solutions for V2X and road user charging (tolling).