About Platform Screen Doors
Platform Screen Doors (PSD) are majorly used to prevent passengers from falling off the platform edge onto the railway tracks. It is widely used in public transportation to protect people from any collision on the tracks. These doors can be of fixed doors and sliding doors type installed at the appropriate place of the platform. Also, these doors provide a comfortable platform by blocking wind, dust, and noise generated by train. The growing use of PSD in railway stations and subways has boosted the global market size.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In Platform Screen Doors Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that Asia Pacific Manufacturers will contribute the maximum growth to Global Platform Screen Doors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nabtesco Corporation (Japan), Nanjing Kangni Mechanical & Electrical Co., Ltd. (China), Zhuzhou CRRC Times Electric Co., Ltd. (China), Knorr-Bremse AG (Germany), Nippon Signal Company, Limited (Japan), Kyosan Electric Manufacturing Co., Ltd. (Japan), Overhead Door Corporation (United States), Wabtec Corporation (United States), Samjung Tech Co., Ltd. (China), Singapore Technologies Engineering Ltd. (Singapore), Schaltbau Holding AG (Germany) and Shanghai Jiacheng Railway Transportation Safety System Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Stanley Access Technologies LLC (United States), Sai Synergy LLP (India), NRT Corp. (Canada) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Platform Screen Doors market by Type (Full-Closed Type, Semi-Closed Type and Half Height Type), Application (Metro and Subway Stations, Airport and Other Transportation) and Region.
On the basis of geography, the market of Platform Screen Doors 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). If we see Market by Station Type, the sub-segment i.e. New Metro Stations will boost the Platform Screen Doors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform Type, the sub-segment i.e. One Platform will boost the Platform Screen Doors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Deployment of Platform Screen Doors in Asia Pacific Countries
Market Growth Drivers:
Rapid Increase in the Number of Metro Train Projects Across the Globe and Reduce the Risk of Accidents
Restraints:
High Cost of Installation
Opportunities:
Rising Installations of Automated Metro Trains and Increasing Government Initiatives for Public Safety
Market Leaders and their expansionary development strategies
In December 2019, ST Engineering launched variable platform screen doors. The VP-PSD detects the door configuration as each train approaches the platform, automatically moving the doors to the correct stopping position. This makes the PSDs suitable for use at stations served by a mixed fleet, where the train doors are not always in the same position on a platform.
In December 2019, ST Engineering announced the launch of the world’s first Variable Pitch Platform Screen Door (VP-PSD) that has enable train operators to deliver enhanced commuter safety and comfort. Unveiled at AusRAIL PLUS 2019, the largest rail event in Australia, the VP-PSD can automatically shift to fit different train doors of diverse trains operating on a single line and interchange platforms.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Platform Screen Doors Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.