The India Transportation TVM market size was valued at $4.76 Billion in 2020 and is expected to reach $8.32 Billion by 2027 growing at the CAGR of 8.30% from 2021 to 2027. This growth is attributed to several macro and micro economic factors such as
- Increasing Population coupled with high Urbanization rate
- Increasing smart technology penetration
Further several factors restraining the market growth include
- High Cost Associated with TVM ownership
Smart Cities Development in India is expected to generate higher avenues for transportation TVM players during the forecast period.
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the India Transportation TVM market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company. In terms of COVID 19 impact, the India Transportation TVM market report also includes following data points:
- Impact on India Transportation TVM market size
- End User Trend, Preferences and Budget Impact
- Regulatory Framework/Government Policies
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in India Transportation TVM market
Key Insight in the report:
The India Transportation TVM market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which include following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
The report covers market sizing and forecasting at the country level as well as at the segment level. India Transportation TVM market is analyzed across below-mentioned different segments:
- Product Type
- Non-cash
- Cash
- Hybrid
- Application
- Subway Stations
- Railway Stations
- Bus Stations
The some of the key players in of India Transportation TVM market include:
- Xerox Holding Corporation
- Ducati Energia SPA (Neptune Systems Pvt. Ltd.)
- Future Techniks India Private Limited
- ADDSOFT TECHNOLOGIES
- Datamatics
- Trapeze Group
- Lipi
- Toshi Automatic Systems Pvt Ltd (TASPL)
- Thales India Pvt Ltd.
REPORT CONTENT BRIEF:
- High level analysis of the current and future market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- India Transportation TVM market estimates for 2020 and forecast from 2021 to 2028
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
Target Audience
- Manufacturers
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultant
- Anyone interested in understanding industry dynamic of India Transportation TVM market
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