"Automatic Platform Screen Doors Market is in Trends by Growing Urbanization"


 

The automatic platform screen door market comprises automatic sliding doors that act as a physical barrier between the platform and the train. These doors ensure passenger safety by preventing any accidental fall onto the tracks. Automatic platform screen doors are made up of frames installed at the platform edge and equipped with horizontal sliding doors or polycarbonate sheets. The doors automatically open when a train stops and close immediately once the train departs. This controlled opening and closing mechanism enhances safety for passengers boarding or alighting trains.

The Global Automatic Platform Screen Door Market is estimated to be valued at US$ 753.90 Bn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in automatic platform screen door market include Siemens AG, Nabtesco Group, Stanley Access Technologies LLC, Manusa Worldwide, Horton Automatics, Toshi Automatic Systems Pvt. Ltd., Panasonic Manufacturing (Beijing) Co. Ltd., Westinghouse, Faiveley Transport, and Jiacheng Railway International. Key players are focusing on developing innovative and customized doors to meet safety standards.

The growing urbanization has led to increased passenger footfall at metro and railway stations globally. Rapid transit systems are experiencing a significant rise in daily commuters which has boosted the demand for automatic platform screen doors for enhanced safety. These doors prevent accidental falls and reduce delays caused by passenger injuries.

Railway infrastructure projects across major countries such as China, India, UK, Germany are integrating automatic platform screen door systems. Rising government investments to modernize rail networks will propel the automatic platform screen doors installation. Manufacturers are expanding their business overseas to capture the growing opportunities in developing economies of Asia Pacific and Middle East & African regions.

Market Key Trends
The increasing urbanization is one of the major trends contributing to the growth of the automatic platform screen doors market. According to the United Nations, presently 55% of the world's population lives in urban areas, a proportion that is expected to increase to 68% by 2050. This rapid urbanization has led to overcrowding in public transport systems including metros and railways across major cities worldwide. Automatic platform screen doors help regulate passenger flow and prevent mishaps caused by overcrowding. The enhanced safety features are making these doors an integral part of metro and railway infrastructure expansion projects undertaken to ease urban transport woes.


Porter's Analysis

Threat of new entrants: High capital requirements and expertise in manufacturing act as a deterrent for new players to enter the market.

Bargaining power of buyers: Buyers have moderate to high bargaining power due to availability of various international players providing automatic platform screen doors.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of multiple component suppliers in the industry.

Threat of new substitutes: Low threat of substitution as rail network systems heavily rely on platform screen doors for safety and security.

Competitive rivalry: Intense competition exists among existing players to gain higher market share through product innovation, technological advancement and geographic expansion.

Geographical regions
North America accounts for the largest share in the Automatic platform screen doors market in terms of value due to high investments in metro and rail networks in countries like the US.

Asia Pacific is expected to witness fastest growth during the forecast period owing to ongoing infrastructure development projects and growing metro networks in major countries like China and India.

 

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials,  etc

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

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