Report ID : 1352107 | Published : August 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Platform Screen Doors Market is categorized based on Type (Automatic Platform Screen Doors, Manual Platform Screen Doors) and Application (Metro, Trams, Subways, Railways, Airport Transit Systems) and Material (Metal, Glass, Plastic, Composite) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The market size of Platform Screen Doors Market, valued at $1.5 billion in 2023, is projected to reach $3.5 billion by 2033, expanding at a CAGR of 8.5% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.
The Platform Screen Doors (PSD) market has been growing briskly owing to the rising need for improved safety measures as well as enhanced efficiency in the operations of transit systems. Due to the increase in urban populations, the need for sufficient crowd and accident control at train stations, and subway stations has increased significantly. Platform screen doors not only provide a barrier between the passengers and the tracks but also provide safety alongside energy efficiency and noise management in these transit systems. Such growing concern about a passenger's safety and comfort is driving the growth of PSD technology in various parts of the world.
At the same time, the set of tasks, which the market must solve, has been changed across the world. Trade enterprises were forced to take into account such aspects of platform screen door systems as automated door operations, along with real time passenger information systems. Moreover, video monitoring with sophisticated operational controls greatly improves user and operating performance of the systems. With the increasing pursuit of smart city goals by the local governments and transportation authorities, the need for advanced PSD systems is sure to increase. This trend in turn brings out the importance of market research in getting to the bottom of the various trends and behaviors that characterize the market for platform screen doors, thereby providing stakeholders with the necessary information to strategize on opportunities at hand to be competitive.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Karnar Engineering, Faiveley Transport, Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Hitachi, Schneider Electric, Siemens AG, Thales Group, Toshiba Corporation, Alstom, Bombardier Inc. |
SEGMENTS COVERED |
By Type - Automatic Platform Screen Doors, Manual Platform Screen Doors By Application - Metro, Trams, Subways, Railways, Airport Transit Systems By Material - Metal, Glass, Plastic, Composite By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Platform Screen Doors Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
Verified Industry Insights offers one of the following report customization options to our respectable clients :
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved