July 25, 2024
Ict

The Automatic Platform Screen Doors Market is Trending Towards Sustainability and Safety by Increased Adoption of Green Technologies

The automatic platform screen doors market comprises doors that automatically open when a train arrives at the station and close immediately after departure to prevent accidental falls on tracks. These doors help improve passenger accessibility, reduce dirt and noise levels at stations, and enhance overall safety. APSDs are preferred over half-height or full-height sliding doors as they offer better protection against delays and accidents. The growing urbanization and adoption of smart city initiatives across the globe are propelling the demand for automated transit systems with improved safety features.

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 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. Key players are focusing on developing sustainable and eco-friendly APSD solutions to gain a competitive edge in the industry.

The growing urban population and increasing public transport ridership are fueling the demand for APSDs across metro stations and airports globally. Moreover, supportive government policies for modernizing existing transportation infrastructure are accelerating market revenue.

Asia Pacific dominates the global automatic platform screen door market and is estimated to maintain its lead during the forecast period owing to ongoing infrastructural developments and metro railway projects in various countries. Key players are expanding their operations in regions including Middle East & Africa and Latin America to tap into new revenue streams.

Market Key Trends

One of the key trends gaining traction in the automatic platform screen door market is increased adoption of green technologies. Major players are focusing on reducing energy consumption and incorporating renewable energy sources in APSDs. For example, some doors are engineered with transparent polycarbonate panels that allow natural light inside stations improving visibility and reducing electricity usage. Besides, manufacturers are using recyclable and sustainable materials in doors to comply with environment norms. This shift towards sustainability and energy-efficiency is expected to significantly drive the future demand for APSDs globally.

Porter’s Analysis
Threat of new entrants: New players need substantial capital investment to set up the platform screen doors manufacturing facilities. Existing players have strong brands and customer loyalty.

Bargaining power of buyers: Buyers have low bargaining power as there are few alternative providers for platform screen doors. Switching costs are also high for buyers.

Bargaining power of suppliers: Suppliers have moderate bargaining power as raw materials required for platform screen doors manufacturing are available from multiple sources.

Threat of new substitutes: There are no close substitutes for platform screen doors due to their critical safety functions in public transport stations.

Competitive rivalry: The automatic platform screen doors market is consolidated with few global players dominating the market. Players compete based on product quality, reliability, pricing and innovation.

Geographical Regions
In terms of value, the Asia Pacific region accounted for the largest share of the automatic platform screen doors market in 2024. Rapid urbanization and growing public transit infrastructure in countries such as China and India is driving the adoption of platform screen doors in the region.

The automatic platform screen doors market in Middle East and Africa is expected to grow at the fastest rate during the forecast period. Government investments to improve urban transport infrastructure and ensure passenger safety are boosting the installation of platform screen doors in metro and rail stations across countries in the region.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it