Platform screen doors are see-through safety doors installed at rapid transit platforms to prevent people and objects from falling onto train tracks or entering the tunnel. They offer enhanced security and safety on transit platforms. Additionally, automatic platform screen doors help regulate airflow and temperature at station platforms and also reduce noise levels at platforms. The global Automatic Platform Screen Doors Market is estimated to be valued at US$ 13217.13 Mn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Rising adoption of automated platform screen doors is one of the key trends propelling growth of the automatic platform screen doors market. Platform screen doors provide efficient crowd management and safety on transit platforms by preventing accidental falls onto tracks. They help improve overall safety and security at transit stations significantly. Rapid urbanization and growing mass transit infrastructure globally has increased deployment of automated platform screen doors across various public transport networks like subways, railways and metros. Rising focus on passenger safety and modernization of existing transit infrastructure will continue spurring installation of these technologically advanced safety systems at station platforms in the coming years.
Segment Analysis
The global automatic platform screen doors market is dominated by the metro or subway segment. This segment accounted for over 50% share of the global market in 2023. The increasing investments in metro and subway rail expansion projects across major cities worldwide are driving the adoption of platform screen doors in this segment. Automatic platform screen doors provide safety to passengers by preventing falls onto tracks and eliminate access to oncoming trains. This is a major factor for their large-scale use in metro and subway trains globally.
Key Takeaways
The Global Automatic Platform Screen Doors Market Demand is expected to witness high growth.
Regional analysis: Asia Pacific is expected to continue dominating the global automatic platform screen doors market during the forecast period of 2023-2030. Countries such as China, India, and Japan are witnessing strong investments in expanding their metro rail networks. For instance, China plans to invest over $350 billion by 2025 to add over 9,500 kms of subway lines across major cities. This rising focus on metro rail infrastructure will offer significant opportunities for automatic platform screen door manufacturers in the coming years.
Key players operating in the automatic platform screen doors market are CSL Behring LLC, Takeda Pharmaceutical Company Limited, Ionis Pharmaceuticals, Inc., Pharming Technologies B.V., Centogene AG, BioCryst Pharmaceuticals, and KalVista Pharmaceuticals, Inc. CSL Behring LLC is a leading player with a strong presence across many countries. Takeda Pharmaceutical Company Limited also has a large global footprint and offers a wide product portfolio for automatic platform screen doors.
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