Platform Screen Door System Market Report 2023 (Global Edition)

Global Platform Screen Door System Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Platform Screen Door System Industry growth. Platform Screen Door System market has been segmented with the help of its Type, Application Platform, and others. Platform Screen Door System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Type Segment Analysis of Platform Screen Door System Market:

Among the type, market is divided into full-closed type, semi-closed type, and half height type. The full-closed type segment is expected to hold the highest revenue share in the global market at 56.2%.

The fully enclosed type is called the metro platform screen door, which is specially designed for the metro. These doors provide complete safety to passengers by preventing them from falling on the tracks. The fully enclosed screen is made of tempered glass, can withstand high pressure and high temperature. They are equipped with sensors automatically open the doors in any emergency situation.

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Platform Screen Door System Market: Application Segment Analysis

Based on application, the market is segmented into metro, airport, bus stop and others. The metro segment is anticipated to register a significant share of 48.6% over the forecast period. Platform screen door system improve the quality of metro stations by preventing accidents between passengers and tracks, bolstering safety to reduce delays, reducing cost of energy caused by cold air at underground metro lines, and reducing the dependence on station crew. Technological advancements in platform screen door system, such as incorporation of hinderance sensors, indicator and alarms, and portable verifying units, among others, is likely to boost the segment’s growth in the forecast period. Moreover, increasing number of metro systems and users across urban areas, supported by rising number of corporate workers, is anticipated to propel the platform screen door system market demand in the coming years.

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Platform Screen Door System Platform Segment Analysis

• One Platform
• Two Platform
• More than one platform

Regional Analysis of the Platform Screen Door System Market:

The Asia Pacific platform screen door systems market holds a significant share in the global market in terms of revenue. Rising government spending in various infrastructure projects and initiatives in countries such as India, China, South Korea, and Japan is expected to drive revenue growth in the Asia Pacific market. China and India are expected to be the most lucrative markets owing to growing demand for platform doors and technological advancements in the transportation sector. Furthermore, energy saving, ease of operation, and safety are important factors for the adoption of platform screen door systems by countries in the region. In addition, emerging economies such as China and India are accelerating rapid urbanization, population growth and infrastructure development. Moreover, increasing initiatives by governments and private companies to optimize and develop inter-city integrated transportation systems to enhance passenger experience and safety and manage increasing passenger traffic is expected to support the growth of the market in Asia Pacific.

The North American platform screen door systems market is expected to grow at a moderate rate during the forecast period. Increased demand for cars has led U.S. transit agencies to slash service to cut costs, reducing demand for viable alternatives such as buses and trains in countries in the region. Rising demand for platform doors in subway stations to provide safety and security to the public is the major driving factor for the growth of the platform doors market in Europe. Rapid industrialization in emerging economies such as Brazil and Argentina, coupled with increasing government spending on transportation infrastructure development are the major factors expected to drive the growth of the platform screen doors market in South America.

The platform screen door separates the track from the platform to prevent accidental falls on the track. Increased government initiatives towards reliable and safe public and private transportation systems coupled with increasing deployment of screen door systems at metro extension stations are partially supporting the growth of the market.

Increasing development plans of the public transportation sector in Middle Eastern and African countries is expected to support market growth. Favorable regulations in Middle East and African countries for foreign direct investment (FDI) are expected to provide lucrative market opportunities for investors to expand consumer base and revenue share.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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Recent Developments:

In 2020, Knorr-Bremse subsidiary IFE has been awarded one of the largest contracts in its history for a major London Underground development. It will supply the door systems for London's Piccadilly Line. In total, IFE will deliver 3,760 door systems.

Top Companies Market Share in Platform Screen Door System Industry: (In no particular order of Rank)

• Nabtesco
• Faiveley Transport
• Fangda Group
• Gilgen Door Systems
• Horton Automatics
• Manusa
• Panasonic Corporation
• Shanghai Jiacheng Railway International
• Stanley Access Technologies
• Toshi Automatic Systems
• Westinghouse
• Nanjing Kangni
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