Electronics
Tunnel Automation Market Size Forecast to Reach $4.7 Billion by 2026
Tunnel Automation Market size is forecast to reach $4.7 billion by 2026, growing at a CAGR 6.5% from 2021 to 2026. Tunnels make it easier to transport people, vehicles and goods quickly at the expense of higher costs and higher risks. Optimum heating ventilation and air conditioning, signalization, lighting, emergency response, surveillance and more are created by tunnel automation. Through minimizing human efforts and providing renewable sources of energy, tunnel automation can reduce costs. By creating an ideal environment for rapid transportation, tunnel automation is also expected to maximize safety. Strict government regulations, increasing incidents of road accidents that lead to high demand for increased security and increasing integration of cloud computing technology and IoT into tunnel automation solutions are the key factors driving the adoption of tunnel automation.
Key Takeaways
- Strict government regulations, increasing incidents of road accidents that lead to high demand for increased security, and increasing integration of cloud and IoT into tunnel automation solutions are the key factors driving the adoption of tunnel automation.
- Due to the rise in tunnel buildings across the globe, the market is seeing demand for tunnel automated components.
- There has been an increase in the use of highways and railways due to factors such as population growth and rapid urbanization. This has contributed to APAC's increasing demand for solutions for tunnel automation.
- Increasing demand for improved safety and security due to increasing incidents of road accidents; increasing integration of tunnel automation solutions with innovative technologies such as cloud storage and the Internet of Things (IoT); and increasing numbers of tunnel construction projects worldwide are some of the key factors driving the global tunnel automation market.
- In September 2020, Siemens had partnered and implemented latest tunnel automation and digital technologies for the prestigious Atal Tunnel project. The total length of the tunnel located at ‘Rohtang Pass’ is 9.02 km and is at an elevation of 3,100 meters (10,000 feet), which makes it the world’s longest at this altitude.






