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Platform Screen Door System Market Size

  • Report ID: GMI9006
  • Published Date: Apr 2024
  • Report Format: PDF

Platform Screen Door System Market Size

Platform Screen Door System Market was valued at over USD 980 million in 2023 and is estimated to register a CAGR of over 5.5% between 2024 and 2032. Enhanced passenger safety and security measures serve as a significant growth driver for the global market. These systems provide a physical barrier between the platform and tracks, preventing unauthorized access, falls, and accidents.

 

By minimizing the risk of platform-edge incidents and unauthorized intrusions, platform screen doors enhance passenger safety, instilling confidence in public transportation systems. Moreover, their ability to mitigate the threat of deliberate harm or acts of terrorism further drives their adoption in railway and metro networks worldwide. In October 2022, Panasonic Corporation announced a significant industrial development by unveiling their latest platform screen door system equipped with advanced sensor technology. This new system aims to enhance passenger safety and operational efficiency in metro and railway stations. Panasonic's platform screen doors incorporate cutting-edge sensors to detect objects and individuals in the door's path, ensuring smoother operation and minimizing the risk of accidents.
 

Growing urbanization and the need for crowd management serve as significant growth drivers for the platform screen door system market. As urban populations increase, transportation infrastructures, especially railways and metro systems, experience higher passenger volumes, necessitating effective crowd control measures. Platform screen doors offer enhanced safety and facilitate smoother passenger flow, addressing these urban challenges. The market is expected to witness continued growth as cities invest in modernizing transportation hubs to accommodate rising urban populations and ensure efficient crowd management.
 

The complexity of integrating platform screen door systems with other transit systems is a significant pitfall for the market. Due to variations in existing infrastructure, regulations, and technologies across different transit networks, seamless integration becomes challenging. This complexity not only increases implementation costs but also extends project timelines, hindering market penetration. In the context of platform screen doors, integration challenges can impede their widespread adoption and limit their effectiveness in enhancing passenger safety and crowd management.
 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The industry size for platform screen door system was valued at USD 980 million in 2023 and is estimated to register 5.5% CAGR between 2024 and 2032, driven by enhanced passenger safety and security measures.

The full-closed segment in the platform screen door system industry is expected to register 6.5% CAGR during 2024-2032, as they establish a physical barrier between passengers and the rails, lowering the risk of incidents such as falls or unlawful access.

Asia Pacific market generated 55% revenue share in 2023, attributed to the rapid urbanization, growing public transit systems, and increased emphasis on passenger safety.

Nabtesco Corporation, Nanjing Kangni Mechanical & Electrical Co., Ltd., Zhuzhou CRRC Times Electric Co., Ltd. and Knorr-Bremse AG

Platform Screen Door System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 277
  • Countries covered: 21
  • Pages: 200
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