Automatic platform screen doors are installed to separate the platform from the train station or subway. These are majorly used in electric train stations and are in different forms such as fixed and sliding doors. Also, these doors ensure risk reduction and avoid accidental incidences in train stations.
According to Business Research Insights, the automatic platform screen doors market Size was US$ 753.9 million in the year 2022, and market size of US$ 1203 million by 2028, at a CAGR of 8.1%. The increasing infrastructural development and rising installation of metro stations in developing countries are anticipated to bolster growth.
Halted Manufacturing Processed Hampered the Industrial Development
The COVID-19 pandemic has highly affected various industries in the initial lockdown phase. Also, the governments imposed strict restrictions on the travel and tourism sectors, which hampered the production of these doors. The pandemic also affected trading policies globally which hampered the import/export activities, which, in turn, created a negative impact on raw material supplies. Also, the manufacturing and production units were closed to avoid virus spread and limit social gatherings. These factors affected the production and sales rate of the automatic platform screen doors during the pandemic period.
Below Mentioned are the Profiles of 10 Leading Companies Operating in the Automatic Platform Screen Doors Industry:
1. Nabtesco
Nantesco is a Japanese company that specializes in engineering services that produce gearboxes, rotors, robotics, and motors. The company was established in 2003 and is headquartered in Japan. Its major motive is to expand its business globally to propel growth and increase its revenue generation rate.
2. Westinghouse Electric Company
Westinghouse Electric Company was founded in 1886 and is headquartered in Pennsylvania, U.S. The company is an American nuclear power company producing electronic services and products to compete globally and meet customer demands.
3. Faiveley Transport
Faiveley Transport was established in 1919 and is headquartered in France. The company is a multinational manufacturer of equipment required in the railway sector. Also, the company focuses on supplying its good internationally to globalize its brand.
4. Cangini Benne SRL
Cangini Benne SRL is headquartered in Italy and is one of the leading companies. The company operates in various business verticals, including machinery manufacturing, electric power generation, agricultural and structural metals manufacturing, and other general-purpose machinery.
5. Horton Automatics Inc
Horton Automatics Inc is headquartered in Texas, U.S. The company has a variety of doors such as commercial sliding doors, sliding door systems, and swing door systems. Its main focus is on enhancing quality services for customers from different industries.
6. Stanley
Stanley was established in 1857 and is headquartered in the U.S. The company specializes in manufacturing bolt and door hardware. The global presence and a wide variety of products bolster the business growth and development of the company.
7. Panasonic
Panasonic is a Japanese brand established in 1918 and is headquartered in Osaka, Japan. The company specializes in manufacturing and supplying electronic equipment. Also, Panasonic focuses on delivering its goods globally and expanding its business reach.
8. Shanghai Electric
Shanghai Electric is a Chinese multinational company producing electric equipment and power generation services. The company was established in 2004 and is headquartered in Shanghai, China.
9. Manusa
Manusa was founded in 1966 and is headquartered in Spain. The company provides a variety of doors such as sliding doors, revolving doors, swing doors, hermetic doors, emergency or panic exit doors, lead-lined doors for X-rays, blast-resistant, bulletproof doors, and vandal-proof doors.
10. KTK Machines Pvt Ltd
KTK Machines Pvt Ltd is headquartered in India. The company is a global provider of electric and automated services. KTK Machines focus on designing and developing new products to meet customer demand and propel growth.
Automatic Platform Screen Doors Companies to Propel Growth Due to Rising Installation of Metro Trains
The companies operating in the industry focus on improving their business performance by introducing new products and services. Also, rising technological advancements and infrastructural development allow leading companies to propel growth and enhance their product portfolio. The rapid development of metro trains and the installation of electric trains in developed countries are anticipated to bolster industrial growth. The rising focus on safety and security is projected to increase the production rate of automatic platform screen doors.