Railway Display Market - Global Forecast to 2032
The railway display market is projected to grow from USD 2.32 billion in 2025 to USD 3.08 billion by 2032, at a CAGR of 4.1%.
The railway display market is primarily driven by growing demand for enhanced passenger experience and real-time communication. Demand for Passenger information displays is fueled by the need for timely updates on arrivals, delays, and route changes, while door displays support safety and accessibility compliance. Infotainment-based displays are gaining traction due to increasing expectations for onboard entertainment and advertising opportunities. Additionally, rising smart rail infrastructure projects and government investments in rail modernization further accelerate the adoption of advanced display systems across all applications. For instance, in January 2025, Indian Railways Invests USD 22.0 Bn to Modernize Infrastructure and Boost Safety. Additionally, surveillance-related displays, such as those used in control rooms and driver cabins, are increasingly adopted to boost operational safety and efficiency. Further OEMs such as Wabtech Corporation (US), and Inelmatic Electronics (Spain) are offering modular and customizable display solutions that are compatible with various rail vehicles and infrastructure systems, enabling scalability and ease of maintenance.
LED displays hold the largest market share during the forecast period
LED displays will hold the largest market share in the railway display market due to their proven reliability in high-vibration and outdoor environments, widespread deployment in both retrofitting projects and new rail infrastructure, and compatibility with real-time control systems used by railway operators. For instance, in December 2024, a contract valued at USD 7.20 Mn was awarded to Bright Outdoor Media for a seven-year agreement in Mumbai's Western suburbs, including the installation of four digital LED displays. Further, in 2024, DYSTEN, a Polish manufacturer, secured several contracts in Poland for railway LED display systems, including projects for the modernization of railway stations and the installation of real-time passenger information systems on various railway lines. Their modular design allows easy scalability across applications from compact train headcode indicators to full-station passenger information boards making them the default choice for both transit authorities and OEMs. Additionally, LED technology's lower total cost of ownership, including reduced maintenance and energy efficiency over long operational lifespans, strengthens its dominance over newer but less field-proven technologies like OLED or e-paper.
Passenger Information Systems will grow at a higher CAGR during the forecast period.
Passenger Information Systems (PIS) are expected to grow at a higher CAGR within the railway display market, driven by increasing investments in smart railway projects and rising passenger demand for real-time, dynamic information. For instance, in October 2024, Wabtec Corporation (US) announced a letter of intent with Siemens Mobility to supply passenger information systems for Munich S-Bahn trains. The multi-million-euro agreement will provide the new Siemens trains with systems that deliver an improved and intuitive passenger experience. Additionally, in 2024 projects like India’s Mumbai Metro Line 3 and the UK's East Coast Digital Programme are embedding advanced PIS with features like multilingual voice announcements, touchscreen kiosks, and live crowding updates, highlighting a shift toward more interactive, data-driven systems. These developments highlight how the railway display market is evolving beyond static displays toward integrated, intelligent networks that improve both passenger satisfaction and rail network efficiency.
“Asia Pacific is expected to have the largest market share in the railway display market during the forecast period.”
The Asia Pacific region is set to dominate the railway display market, fueled by aggressive modernization of metro and intercity rail systems across countries like China, India, Japan, and South Korea. Government in this region led initiatives for smart railway development, such as China’s push for fully digital high-speed rail corridors, further, rising passenger expectations for real-time, multi-language, and personalized travel information, especially in densely populated urban centers impacting the market growth. In 2024, China's national railway operator expanded real-time dynamic information displays across high-speed rail stations as part of a broader digitalization effort targeting seamless multimodal connectivity. Meanwhile, In March 2025, Japan’s JR East introduced new-generation LCD information panels across its Shinkansen lines, featuring adaptive content based on train conditions and passenger needs. These advancements, combined with a growing emphasis on smart transportation ecosystems, are rapidly positioning Asia Pacific at the forefront of technological innovation in railway display systems.
The railway display market is dominated by major players, including Wabtec Corporation (US), Hitachi Ltd. (Japan), Thales (France), DA-Group (Finland), Shenzhen Beihai Rail Transit Technology Co., Ltd. (China) DYSTEN (Poland), Inelmatic Electronics (Spain), Medha (India), and Televic (Belgium). These companies are recognized for their high-quality, durable, and railway-compliant products.
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Growth opportunities and latent adjacency in Railway Display Market