Press release
Platform Screen Door System Market Size, Share, Trend Analysis & Growth Industry Report and Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global platform screen door system market size reached a value of USD 953.63 million in 2023. Aided by the increasing emphasis on passenger safety, the growing demand for automated transit solutions, and the expansion of metro and railway infrastructure projects worldwide, the market is projected to further grow at a CAGR of 5.7% between 2024 and 2032 to reach a value of USD 1,570.55 million by 2032.
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Platform screen doors (PSDs) are safety barriers installed at railway and metro stations to create a physical barrier between the platform and the tracks, preventing accidental falls, trespassing, and unauthorised access to the rail tracks. These automated systems consist of transparent panels or doors that open and close synchronously with train arrivals and departures, facilitating safe boarding and alighting of passengers while enhancing operational efficiency and crowd management at transit hubs.
The increasing priority placed on passenger safety and security in public transportation systems drives the platform screen door system growth. Platform screen door system provide a physical barrier that prevents accidents such as falls, collisions, and intentional or accidental intrusion onto the rail tracks, reducing the risk of injuries, fatalities, and service disruptions, thereby enhancing passenger confidence and trust in public transit networks.
The rapid urbanisation, population growth, and increasing congestion in urban areas necessitate the expansion and modernisation of metro and railway networks to meet the growing demand for efficient and sustainable mass transit solutions. Governments and transportation authorities worldwide are investing in metro rail projects, high-speed rail networks, and intercity transit systems, driving market demand for platform screen door systems as essential safety and operational components of modern transit infrastructure.
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As per the platform screen door system market analysis, transit operators and infrastructure developers are adopting automated transit technologies, including platform screen door systems, to improve operational efficiency, minimise dwell times, and enhance service reliability. Platform screen door system facilitate faster boarding and alighting of passengers, reduce platform overcrowding, and mitigate the risk of accidents and delays caused by platform incursions or track intrusions, thereby optimising transit operations and passenger flow.
The integration of platform screen door systems with smart transit technologies, such as real-time passenger information systems, automated fare collection, and passenger flow analytics, offers opportunities to enhance operational efficiency, passenger experience, and safety in public transportation networks. Smart platform screen door system equipped with sensors, cameras, and IoT (Internet of Things) connectivity enable real-time monitoring, predictive maintenance, and data-driven decision-making, contributing to improved transit management and service quality, leading to platform screen door system market development.
Platform Screen Door System Market Segmentation
The market can be divided based on the product type, application, and region.
Market Breakup by Product Type
Full Height
Semi Height
Half Height
Market Breakup by Application
Bus Stop
Metro
Airport
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global platform screen door system market. Some of the major players explored in the report by Expert Market Research are as follows:
Fangda Group Co., Ltd.
Gilgen Door Systems AG
Horton Automatics
Manusa Group
Nabtesco Group
Knorr-Bremse Rail Vehicle Systems GmbH
Kyosan Electric Manufacturing Co., Ltd.
Schaltbau Holding AG
Wabtec Corporation
Others
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