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The automatic platform screen doors Market overview- Automatic platform screen doors, commonly known as platform edge doors, are automated doors installed at metro or subway platforms to prevent accidental falls onto the train tracks. These screen doors seal off the area between the platform and the tracks to increase safety when trains arrive and depart stations. Platform screen doors integrate sensors that cause the doors to open or close automatically in sync with incoming and outgoing trains. This coordinated movement allows smooth uninterrupted flow of passengers without any security risks.
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- Key players operating in the 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.
Growing demand in the market- Rising safety concerns over subway accidents at stations has augmented the demand for automatic platform screen doors globally. These doors prevent accidental falls and reduce risks of collisions with oncoming trains.
Global expansion of the market- Leading automatic platform screen door manufacturers are expanding their regional presence through partnerships with local players. They are also diversifying their product portfolio with innovative solutions customized for metro, monorail and airport transit applications.
Market key trends
One of the key trends gaining traction in the automatic platform screen door market is the integration of LCD displays and digital signage. Screen door manufacturers are enhancing their offerings with personalized notifications, advertisements and travel updates on integrated screens. This adds a new dimension of passenger convenience while commuting. Another notable trend is the emergence of contactless automation with infrared sensors and facial recognition. These technologies enable doors to open and close automatically with touchless operation for improved sanitization in public transit in post-pandemic times.
Porter’s Analysis
Threat of new entrants: New companies will face high initial investments and established barriers in technology and brand from existing major automatic platform screen door system providers.
Bargaining power of buyers: Mass transit authorities and operators have moderate bargaining power due to the availability of substitute products and differentiated equipment offerings from various manufacturers.
Bargaining power of suppliers: A few large suppliers have significant bargaining power over specialized components like motors and control systems. However, the threat is moderate due to the availability of alternative suppliers.
Threat of new substitutes: No direct substitute products exist; however, traditional methods like staff supervision can be alternatives in some cases.
Competitive rivalry: The automatic platform screen door market is consolidated with big international players dominating the market. Price and quality competitiveness is high.
Geographical regions
Asia Pacific leads the automatic platform screen doors market in terms of value. Countries like China, India, and Japan have extensive metro, monorail and subway networks contributing to significant demand.
The fastest growing region for automatic platform screen doors is expected to be Europe over the forecast period. Countries are actively investing in urban transit infrastructure development projects which will drive the installation of advanced platform safety solutions across metros and railway stations.
Geographical Regions
Asia Pacific leads the automatic platform screen doors market in terms of value. Countries like China, India, and Japan have extensive metro, monorail and subway networks contributing to significant demand.
The fastest growing region for automatic platform screen doors is expected to be Europe over the forecast period. Countries are actively investing in urban transit infrastructure development projects which will drive the installation of advanced platform safety solutions across metros and railway stations.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
