Automatic platform screen doors are glass or acrylic barriers installed at the train-platform gap in train stations and metro stations for enhanced passenger safety and station environment control. They prevent accidental falls onto the tracks and provide protection from stray animals. They also control air conditioning and ventilation costs at stations.
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 7.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends driving the automatic platform screen doors market growth is the rising adoption of electric vehicles. Stringent norms regarding carbon emissions are promoting shift towards electric vehicles globally. Subway and metro authorities are actively adopting upgraded stations with platform screen doors for enhanced operational efficiency of metro and subway trains. This helps regulate airflow for optimal functioning of electric trains while preventing accidental falls. Platform screen doors also enhance travel experience for passengers of eco-friendly electric and hybrid vehicles traveling via metro and suburban railway networks.
Segment Analysis
The global automatic platform screen doors market is segmented by type, application and geography. By type, the market is divided into full-height screen doors and half-height screen doors. The full-height screen doors segment dominated the market in 2022 and is expected to continue its dominance over the forecast period. Full-height screen doors provide better safety and protection from falling or pushing onto train tracks compared to half-height screen doors.
By application, the market is classified into metro, airport and bus way. The metro segment accounts for the largest share of the automatic platform screen doors market due to high installations of platform screen doors at metro and subway stations globally to ensure passenger safety.
Key Takeaways
The Global Automatic Platform Screen Doors Market Size is expected to reach USD $23295.57 Mn by 2030, registering a CAGR of 7.4% over the forecast period. The growth is attributed to increasing concerns over passenger safety at public transit stations.
The Asia Pacific region dominated the global market in 2022 and is expected to maintain its leading position over the next eight years. This is attributed to high metro and subway network expansion in countries such as China, India and Indonesia. The North American market is forecast to witness strong growth supported by ongoing metro infrastructure development projects in the U.S.
Key players operating in the automatic platform screen doors market are KTK, Shanghai Electric, Westinghouse, Jiacheng, Kangni, Horton Automatics, Nabtesco, Stanley, Fangda, Faiveley, Manusa, and Panasonic. Major players are focusing on strengthening their foothold through new product launches and expansion into emerging markets for long-term sustenance.
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https://healthcarelatesteditionnews.blogspot.com/2023/12/electric-vehicles-is-fastest-growing.html
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