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Platform Screen Door System Market Trends

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

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Platform Screen Door System Market Trends

Platform screen door systems are being increasingly installed in metro and urban rail transit systems worldwide to bolster passenger safety and crowd management. By physically separating the platform from the tracks, these barriers prevent accidental falls and trespassing, ensuring passenger safety. Additionally, they facilitate efficient crowd flow, reducing overcrowding and enhancing the overall transit experience for commuters in bustling urban environments.

Increasing adherence to safety regulations and standards has boosted the adoption of platform screen door systems in transit facilities. These systems serve as a physical barrier between passengers and rail tracks, minimizing the risk of accidents such as falls or collisions. By enhancing passenger safety and preventing unauthorized access, platform screen door systems contribute to a safer and more secure transportation environment.

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