Automatic Platform Screen Doors Market Size, Share, Growth, and Industry Growth By Type (Full-Closed Type, Semi-Closed Type, and Half Height Type) By Application (Metro, and Other Transportations), Regional Forecast To 2032

Automatic Platform Screen Doors Market REPORT OVERVIEW

• 
•  Request a Free Sample to learn more about this report

The global automatic platform screen doors market size was USD 424.84 million in 2023 and is projected to touch USD 856.4 million by 2032, at a CAGR of 8.1% during the forecast period.

The automatic platform screen door separates the platform from the train in a subway or train station. The platform's fixed and sliding doors are put in the proper locations. When an electric train stops at the prescribed location, sliding doors interact with car doors, opening and closing when an ATO (Automatic Train Operation) system sends a signal. When they detect the presence of a person, these doors open automatically. Platform screen doors put an end to these tried-and-true methods, and they were widely praised for their unrivalled efficiency. Persistence Market Research (PMR) has conducted an exhaustive analysis of the rapidly developing market for platform screen doors in recent years, which is expected to continue to grow in the near future.

Risk reduction in public transportation areas has always been a long-term priority for governments in various economies, and it will remain so in the future. Because platform accidents have always been a major problem, injuring and killing millions of people, governments and the general public have been debating the need for appropriate mechanisms for safe passenger loading and unloading for a lot of years. The use of warnings in both audio and visual formats was one of the first remedies, and the addition of stairwells to assist passengers with safe boarding was another.

COVID-19 Impact: Halt on Production to Impede Growth

The market is badly impacted by the COVID-19 outbreak. With the global shutdown of manufacturing plants, and tight social distancing norms in place, the necessity for new safety devices to be manufactured or installed in automobiles has significantly decreased. The COVID-19 pandemic had a major impact on the trade and industry sectors. Manufacturers are figuring out how to recover from the current situation by reorganizing their sales channels and introducing new products. The length of the viral spread is still a critical component in determining the pandemic's total impact.

LATEST TRENDS

"Increasing Focus on Safety and Security to Bolster Market Progress"

Automatic platform screen doors offer a high level of safety and security, which is a primary element driving the market for automatic platform screen doors. It lowers the chance of collisions, particularly when trains pass through stations at high speeds. Furthermore, passengers are not exposed to pressure waves, increasing passenger safety and reducing suicide incidents. Factors such as the growing requirement for public safety and large transportation infrastructure investments have boosted the global platform screen door system market. However, rising demand for safe, secure, and efficient transportation systems, and improvements in railway infrastructure in developing countries, are driving demand for platform screen doors to be installed at transit stations, propelling the global platform screen door system market forward.

Automatic Platform Screen Doors Market Segmentation

• 
•  Request a Free Sample to learn more about this report

• By Type Analysis

By type, the market is segmented into full-closed, semi-closed, and half height

The full-closed segment is expected to lead because it is expected to generate significant revenue. Furthermore, the growing number of underground metro train platforms, combined with increased knowledge of automated metro train technology, is expected to boost platform screen door sales over the forecasted time period. These factors are likely to influence the growth of the industry. 

• By Application Analysis

Based on application, the market is classified into Metro, and Other Transportations

The metro segment is likely to dominate the market because of the large increase in the number of automated metro trains around the world, the new metro train sector is expected to acquire significant traction in the global automatic platform screen doors market. Furthermore, increasing digitalization in the current metro train network is expected to be a major driver of the worldwide platform screen doors market in the future decades. These factors may propel industry growth. 

DRIVING FACTORS

"Technological Advancement and Infrastructural Development to Facilitate Industry Progress"

The global platform screen door system market has benefited from increased infrastructure development and technological advancements. Various countries have invested in the installation of platform screen doors at their transit stations. The full height platform screen door system is implemented in most transit stations to limit the possibility of human error, whereas the half height platform screen door system market is predicted to grow at a lucrative rate throughout the forecast period, based on observations. The expansion of the automatic platform screen doors market is being fueled by low operating costs or manpower costs, as they reduce the need for conductors when used in conjunction with automatic trains. Additionally, automatic platform screen doors improve energy efficiency, which saves energy costs. It also lowers the costs connected with accidents. It also improves the sound clarity of platform announcements by reducing background noise from tunnels and trains coming or exiting.

"Increasing Adoption in Metro Trains to Magnify Market Growth"

Platform screen doors (PSD) are automatically operated doors that cut off or hide the platform from the track in subways and elevated metro train platforms. Platform screen doors are also known as PSD doors on the global market and play an important role in energy conservation in the railway industry. These doors are only opened when the metro train arrives at the station, which ensures passenger safety. Furthermore, a single platform screen door device has two digital displays and two manually operated emergency exit doors. Platform screen doors are only installed on one side of a metro train platform, according to PMR's global assessment.

To give detailed insight to clients, the global platform screen doors market has been regularly examined with a full grasp of the macro and forecast variables. Over the next few years, rising automation in rapid mass transit is expected to fuel global demand for platform screen doors.

RESTRAINING FACTORS

"High Installation Cost to Impede Market Progress"

Due to their complicated structure, these doors also have substantial maintenance expenses. Although automatic platform screen doors provide safety, they are not without risks, such as accidents in which individuals become caught between platform doors and train carriages and are crushed when the train moves, which is impeding the automatic platform screen doors market growth. Furthermore, because this is a relatively new technology that is being deployed exclusively by developed countries in their metro rail transportation networks, a lack of information about automatic platform screen doors technology in several locations throughout the world is limiting market growth.

Automatic Platform Screen Doors Market REGIONAL INSIGHTS

• 
•  Request a Free Sample to learn more about this report

"Increasing Digitalization to Bolster Growth in North America"

North America is expected to dominate the automatic platform screen doors market share during the projected period. Because of the adoption of technologically advanced goods, increasing digitalization of the current metro train network, and healthy development in metro train passenger density, demand for and sales of platform screen doors are expected to increase in these regions in the forecast period. North America and Europe are the most dominating revenue generators in the automatic platform screen doors market, and North America will maintain its dominance over the projection period. Furthermore, market growth is fueled by the economic stability of North American countries.

Because of the inadequacy of automated metro rail networks, Latin America is likely to hold a significant share of the global market during the forecast period, which is expected to greatly enhance the global platform screen doors market over the next ten years. Because of the increased adoption rate of driverless metro train networks in the coming years, Saudi Arabia, Australia, and Russia are considered emerging countries in the worldwide platform screen doors market.

KEY INDUSTRY PLAYERS

"R&D Activities and Acquisitions to Improve Market Position"

Market participants are concentrating on striking the correct combination of R&D for new developments, flawless product delivery, effective marketing and promotions, and long-term contracts with end customers. Furthermore, significant actors are concentrating their efforts on acquisitions and takeovers in order to increase their area of influence.

INDUSTRY DEVELOPMENT

With roughly 93 percent of the share capital and voting rights, Assa Abloy bought a majority position in Agta Record (Switzerland) in August 2020. Agta Record is the world's leading manufacturer of automatic door systems. The company will be able to increase its door product offering and expand its presence in Europe as a result of this acquisition.

LIST OF TOP Automatic Platform Screen Doors COMPANIES

• Nabtesco
• Westinghouse
• Faiveley
• Fangda
• Kangni
• Horton Automatics
• Stanley
• Panasonic
• Jiacheng
• Shanghai Electric
• KTK
• Manusa

REPORT COVERAGE

Data on market size, price patterns, and emerging growth, as well as an awareness of industry features that can lead to lucrative prospects for new entrants and established organizations, are all included in the market study. This study examines the market's primary drivers and restraints in great detail. Market trends will influence the market's future orientation, according to the research. A complete study of the achievements of the top players in the global market is also included in the research. It also discusses the market's key trends, which are likely to be profitable. The research report's purpose is to provide a fair and truthful view of the situation.