Global Platform Screen Door System
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Platform Screen Door System market size was $821.3 Million in 2022 and it is forecasted to reach $1,384.9 Million by 2030. Platform Screen Door System Industry's Compound Annual Growth Rate will be 6.8% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Platform Screen Door System market size was $821.3 Million in 2022 and it is forecasted to reach $1,384.9 Million by 2030. Platform Screen Door System Industry's Compound Annual Growth Rate will be 6.8% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Platform Screen Door System Market Sales Revenue 2022 | $ 821.3 Million |
Global Platform Screen Door System Market Sales Revenue 2030 | $ 1 Million |
Global Platform Screen Door System Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.8% |
Market Split by Type |
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Market Split by Application |
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Market Split by Platform |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Platform Screen Door System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Platform screen door systems are barriers installed at transfer stations as a barrier between passengers and transfer areas such as platforms or airport runways. Platform screen door systems are designed to provide safety and security to passengers; thereby reducing the chance of accidents due to human intervention. They are a new addition to transit stations around the world and are constantly being developed to provide better versions of platform screen door systems to reduce accidents. Several developments carried out by key players across the globe to introduce innovative platform screen doors, thereby making them more widely adopted. In addition, with the development of infrastructure construction such as railways, platform screen door systems are more widely used, which effectively drive the growth of target market.
The global platform screen door systems market is complemented by factors such as rising demand for the public safety and development of large-scale transportation infrastructure. Rising demand for safe, reliable, and efficient transportation systems in developing countries and development in railway infrastructure are the factors increasing the demand for platform screen doors at transfer stations, leading the growth of the global market. Growing public safety demands land, air and other transportation are intended to increase accessibility to facilitate global travel and trade.
The market for platforms screen door systems worldwide is being restrained by high capital requirements and need to upgrade existing safety systems. The passengers are more secure because to this style of screen door's complete barrier between the floor and ceiling.
The COVID-19 crisis has forced countries to shut down, resulting in the unexpected closure of all public transport. Rail and subway services have also been suspended, reducing the need to install new platform screen doors. But the doors are a means of ensuring greater security, so once public transport starts operating again, the platform door industry will pick up the pace again.
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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)
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Global Platform Screen Door System Market Report 2024 Edition 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.
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.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Platform Screen Door System Industry. Request a Free Sample PDF!
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.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Platform Screen Door System market report 2024 Edition by contacting our team.
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.
The current report Scope analyzes Platform Screen Door System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Platform Screen Door System Market is witnessing significant growth in the near future.
In 2023, the Full-Closed Type segment accounted for noticeable share of global Platform Screen Door System Market and is projected to experience significant growth in the near future.
The Metro segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Nabtesco, Fangda Group and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Full-Closed Type, Semi-Closed Type, Half Height Type |
Application | Metro, Airport, Bus Stop, Others |
Platform | One Platform, Two Platform, More than one platform |
List of Competitors | 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 |
This chapter will help you gain GLOBAL Market Analysis of Platform Screen Door System. Further deep in this chapter, you will be able to review Global Platform Screen Door System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Platform Screen Door System Market Trends North America Platform Screen Door System Technological Road Map North America Platform Screen Door System Market Drivers North America Platform Screen Door System Market Restraints North America Platform Screen Door System Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Platform Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Platform Screen Door System market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Full-Closed Type have a significant impact on Platform Screen Door System market? |
What are the key factors affecting the Full-Closed Type and Semi-Closed Type of Platform Screen Door System Market? |
What is the CAGR/Growth Rate of Metro during the forecast period? |
By type, which segment accounted for largest share of the global Platform Screen Door System Market? |
Which region is expected to dominate the global Platform Screen Door System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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