Railway Platform Security Market Scope
All railway trips start and end at the railway station i.e. platform. Thus, railway stations are the main concentrations of the passengers and besides, center for the attraction of the citizens. This fact makes stations both attractive for the development of businesses and vulnerable from the security point of view. Railway platform security is not about dealing with terrorism, the railway platform also faces several security issues such as fraud, vandalism, pickpocketing, unauthorized access, and fire, among others. These issues have created the need for security solutions across the railway platforms.
According to AMA, the Global Railway Platform Security market is expected to see growth rate of 5.87%
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Railway Platform Security market throughout the predicted period.
Honeywell (United States), Indra Sistemas (Spain), Huawei (China), Bosch (Germany), ATOS (France), FLIR Systems (United States), Axis Communications (Sweden), Telent (United Kingdom), Dahua Technology (China) and Hikvision (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are STANLEY Access Technology (United States), WabTec Corporation (United States), L&T Technology Services (India), Mitsubishi Electric (Japan), Genetec (Canada), Knorr-Bremse (Germany), Senstar (Canada) and Anixter (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Railway Platform Security market by Type (Solutions {Sensors (Microwave Sensors, Infrared Sensors, Fiber Optic Sensors, Radar Sensors, and others}, Video Surveillance Systems {Hardware and Software}, Platform Edge Doors/Platform Screen Doors, Alert/Alarm Systems and Services {Professional Services, Managed Services}), by Application (Subways and Trains) and Region with country level break-up.
On the basis of geography, the market of Railway Platform Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 12 June 2019, Chinese technology company Huawei has officially introduced a next-generation LTE-R Solution to facilitate wireless rail communications. The latest solution, which is currently being deployed in China, was launched at the UITP Global Public Transport Summit 2019 in Stockholm. Huawei designed its new offering to support 5G evolution and interconnectivity with GSM-R. The LTE-R Solution utilises LTE-R network to enable train control, dispatching, passenger information system (PIS), CCTV and other associated rail services.
Recently, FLIR Systems, Inc. has announced three dome-shaped, Pan-Tilt-Zoom (PTZ) security cameras, including two dual-sensor camera series for critical infrastructure locations, the FLIR Elara DX-Series and the FLIR Saros DM-Series and a high-resolution visible camera for safe city deployments, the FLIR Quasar 4K IR PTZ. The latest FLIR security products offer multiple lens options for long- and short-range needs to enable accurate perimeter protection of critical infrastructure, remote facilities and in urban city environments, day or night.
Market Trend
- Rapid Adoption of AI Technology
- Railways to Install Video Surveillance, Facial Recognition Systems to Improve Security at Stations
Market Drivers
- Growing Need to Minimize the Risk of Unauthorized Access to Platforms
- Rising Need for Enhanced Staff Security for Public and Passenger Safety
- Growing Acts of Terrorism Such As Bomb Threats, Suicide Attacks and Sabotage
- An Increasing Fire and Explosion Risks Associated With the On-Site Storage of Flammable Liquids
- Increasing Need for Additional Support and Advanced Solutions for Security Management
- Growing Need for Platform Security Due to the Increasing Instances of Suicides
Opportunities
- Requirement of Object Identification through Artificial Intelligence
- Smart City Initiatives Boost Platform Security
- Growing Public–Private Partnership Investment for Enhanced Platform Security
Restraints
- Hefty Infrastructure Investments Required for Platform Security
Challenges
- Growing Privacy and Security Concerns Leading to Numerous Threats to Platform Security
- Rising Cases of False Alarms
Key Target Audience
Railway Platform Security Solutions Providers, Railway Platform Security Hardware Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Research & Consulting Firms, End Users and Others