Platform Screen Doors Market Overview:
Consegic Business Intelligence has recently published a report on global Platform Screen Doors Market Research based on latest market dynamics along with in depth information about industry components, and emerging trends throughout the forecast period of 2023 to 2030. The report offers a detailed examination on market trends, market growth, drivers, restraints, growth opportunities and challenges.
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.
The Platform Screen Doors are designed to protect accidental falls, unauthorized entry into the tracks, and other safety measures. It divides the platform area from the track to create a safer atmosphere, reducing the risk of accidents and ensuring the passengers safety. Platform Screen Doors are commonly used in metro stations, railways and airport terminals.
Platform offers various advantages by providing a barrier between the passengers and the railway. By installing platform screen doors, it helps optimize the entry of external elements such as wind, rain, and debris into the area.
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Trends
PSD’s are experiencing a shift towards the advancement and innovation by implementing automated systems, sensor based door control, and smart functionalities to enhance their efficiency, ease of operation, and maintenance. Platform screen doors are being designed with eco-friendly materials, energy-efficient components, and optimized system configurations to minimize environmental impact. Manufacturers are focusing on developing sustainable solutions that align with green initiatives, leading to the adoption of eco-friendly platform screen doors.
Market Segmentation
The market segmentation can be based on the By Product Type, and by Application. The segmentation allows a deeper understanding of the Market dynamics and helps stakeholders identify Platform Screen Doors Market opportunities. The major segments in the market include:
By Product Type
- Full-Height
- Semi-Height
- Half-Height
By Application
- Airport
- Metro
- Bus Stop
Key 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.
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.
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