Platform Screen Doors Market Outlook with a 6.5% CAGR and Forecast Period of 2023 to 2030
Platform Screen Doors Market Overview:
Platform
screen doors (PSDs) have emerged as indispensable components of contemporary
transportation networks across the globe. These automated doors are
strategically positioned at the periphery of railway platforms, serving as a
protective barricade separating passengers from oncoming trains. Their
incorporation presents a multitude of advantages, including heightened
passenger security, augmented energy conservation, and amplified operational
effectiveness. Discover the myriad benefits offered by these cutting-edge PSDs,
revolutionizing the way we travel and ensuring a seamless and secure journey
for all commuters.
The Platform Screen Doors Market Size is projected to surpass USD 1,638.67
Million by 2030, with a significant growth rate of 6.5% from 2023 to 2030.
Starting from a value of USD 997.80 Million in 2022. This market segment is
witnessing substantial expansion. Explore the lucrative opportunities in the
Platform Screen Doors Market as it continues to evolve and revolutionize the
transportation industry.
Platform
screen doors are safety systems that act as a physical barrier between the
platform and the tracks. These doors are typically made of transparent
materials, such as glass, and are equipped with sensors to detect the arrival
and departure of trains. The installation of platform screen doors has gained
momentum in recent years due to their ability to improve passenger safety and
streamline operations.
Platform
screen doors are designed to prevent accidental falls, unauthorized access to
tracks, and other safety hazards. They create a controlled environment by
separating the platform area from the tracks, reducing the risk of accidents
and ensuring passenger safety. PSDs are commonly used in metro stations,
railway platforms, and airport terminals.
Key Market Players
Several
companies are actively involved in the Platform Screen Doors market. These
companies offer a wide range of solutions and technologies to meet the diverse
requirements of transportation infrastructure projects. Some of the key players
in the market include:
KTK Group Company Ltd.,
Pioneer-Fangda Metro Consortium, Fangda Group Co., Ltd., Horton Automatics Ltd,
Knorr-Bremse AG, Manusa, Wabtec
Corporation, Siemens, Nabtesco
Corporation, Nanjing Kangni Mechanical & Electrical Co., Ltd., SHANGHAI
ELECTRIC GROUP CO., LTD, ZITIN CORPORATION, Zhuzhou CRRC Times Electric Co.
Ltd.
Click Here for the Full Report: https://www.consegicbusinessintelligence.com/platform-screen-doors-market
Market Segmentation
The Platform
Screen Doors market can be segmented based on the type of system, end-user
industry, and geography. The segmentation allows a deeper understanding of the
market dynamics and helps stakeholders identify growth opportunities. The major
segments in the market include:
By Product Type
·
Full-Height
·
Semi-Height
·
Half-Height
By Application
·
Airport
·
Metro
·
Bus
Stop
Factors Driving Market Growth
Governments
and transportation authorities are prioritizing passenger safety, leading to
the widespread adoption of platform screen doors. The expansion of urban areas and the
need for efficient transportation systems are driving the demand for platform
screen doors. Ongoing
advancements in sensor technology, automation, and connectivity are
contributing to the development of advanced platform screen door systems.
Platform
screen doors have revolutionized the safety and efficiency of
transportation systems worldwide. With their ability to ensure passenger
safety, improve energy efficiency, and streamline operations, they have become
an indispensable component of modern infrastructure projects.
As the
demand for safer and more efficient transportation continues to rise, the
Platform Screen Doors market is expected to witness significant growth. Market
players are focused on innovation, partnerships, and customized solutions to
capitalize on the evolving market trends and cater to the diverse needs of
transportation projects.
Key Highlights
·
Platform
screen doors are being integrated with smart transportation systems to enable
seamless passenger flow and enhance overall system efficiency.
·
Companies
are focusing on providing customized platform screen door solutions to meet the
specific requirements of different transportation projects.
·
Innovative
designs and materials help minimize the ingress of external elements, reducing
the load on heating, ventilation, and air conditioning (HVAC) systems.
·
The
demand for safer and more efficient transportation systems continues to rise,
the Platform Screen Doors market is expected to witness significant growth.
About CBI
Consegic Business
Intelligence is
the leading research industry that offers contextual and data-centric research
services to its customers across the globe. The firm assists its clients to
strategize business policies and accomplish sustainable growth in their
respective market domains. The industry provides consulting services,
syndicated research reports, and customized research reports.
Topnotch research organizations and institutions to
comprehend the regional and global commercial status use the data produced by
Consegic Business Intelligence Our reports comprise in-depth analytical and
statistical analysis on various industries in the foremost countries around the
globe.
Contact Us
Consegic Business
intelligence Pvt Ltd
Email: sales@consegicbusinessintelligence.com
Comments
Post a Comment