TPEG (Transport Protocol Experts Group) is an international standard for the transmission of public transport information on digital radio, digital TV and the internet. It is used to provide up-to-date information about public transport services (including bus, train, metro, tram and ferry services) to travellers. TPEG enables the efficient and accurate transmission of public transport information from the provider to the user.
TPEG is used to provide real-time information about public transport services such as departure times, route changes, delays and cancellations. It also can provide information such as service alerts, timetables, fare details and route maps. TPEG is used in a wide range of countries around the world, including Europe, North America, Australia, New Zealand and Japan. It is also the basis for the European Digital Radio Broadcast system, which is used to provide information about public transport services in many European countries.
The global TPEG market was valued at US$ 138.6 million in 2022 and is anticipated to reach US$ 910.7 million by 2029, witnessing a CAGR of 31.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global TPEG Market available at: https://www.themarketreports.com/report/global-tpeg-market-research-report
This report aims to provide a comprehensive presentation of the global market for TPEG, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding TPEG.
The key TPEG manufacturers are Liaoning Oxiranchem, taijiechem, BOK Chemicals, Liaoning Kelong, Fushun Dongke, Nanjing Yangzi Oxiranchem, Shandong zhuoxing, Beijing jusijiachuang, Xingtai Lantian, Shanxi Hesheng Bangtong etc. Top 3 companies occupied about 36% market share.
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