What is Global Platform Screen Door (PSD) Market?
The Global Platform Screen Door (PSD) Market is a fascinating area of study that focuses on the worldwide market for platform screen doors. These are safety barriers used in subway and metro stations to separate the platform from the tracks. They are designed to prevent accidents such as people falling onto the tracks or being hit by trains. The doors open and close automatically when a train arrives and departs, providing a safer and more controlled environment. The market for these doors is growing as cities around the world invest in their public transportation systems and prioritize safety. The value of this market was estimated at US$ 812.4 million in 2023, and it is expected to grow to US$ 943.1 million by 2030. This growth is driven by a variety of factors, including urbanization, population growth, and increased focus on safety in public transportation.
Full-Closed Type, Semi-Closed Type, Half Height Type in the Global Platform Screen Door (PSD) Market:
The Global Platform Screen Door (PSD) Market is segmented into three types: Full-Closed Type, Semi-Closed Type, and Half Height Type. The Full-Closed Type doors extend from the floor to the ceiling of the platform, providing a complete barrier between the platform and the tracks. This type of door is most commonly used in underground metro stations, where there is a high risk of accidents due to the confined space and high volume of passengers. The Semi-Closed Type doors are similar to the Full-Closed Type, but they do not extend all the way to the ceiling. These doors are often used in above-ground metro stations, where there is more space and a lower risk of accidents. The Half Height Type doors extend from the floor to about waist height. These doors are typically used in areas where there is a lower risk of accidents, such as suburban train stations or stations with low passenger volumes. Each type of door has its own advantages and is suited to different environments and risk levels.
Metro, Other Transportation in the Global Platform Screen Door (PSD) Market:
The Global Platform Screen Door (PSD) Market is primarily used in Metro and Other Transportation areas. In the Metro sector, these doors are used to enhance safety and efficiency. They prevent passengers from accidentally falling onto the tracks, reduce the risk of suicide attempts, and help to control the flow of passengers onto and off the trains. In addition, they can help to improve the efficiency of train operations by reducing the time needed for boarding and alighting. In Other Transportation areas, such as airports and bus terminals, these doors can be used to separate the boarding area from the vehicle lanes, enhancing safety and efficiency. They can also be used in other areas where there is a need to control the movement of people, such as in shopping malls or large office buildings.
Global Platform Screen Door (PSD) Market Outlook:
Looking at the market outlook for the Global Platform Screen Door (PSD) Market, it's clear that this industry is set for steady growth. In 2023, the market was valued at US$ 812.4 million and it's projected to reach US$ 943.1 million by 2030. This represents a compound annual growth rate (CAGR) of 1.6% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers, who collectively hold 54% of the market share. Geographically, the Asia-Pacific region is the largest market for platform screen doors, accounting for nearly 75% of global sales. Europe and North America follow, with market shares of 14% and 7% respectively. This distribution reflects the high level of urbanization and public transportation usage in these regions.
| Report Metric | Details |
| Report Name | Platform Screen Door (PSD) Market |
| Accounted market size in 2023 | US$ 812.4 million |
| Forecasted market size in 2030 | US$ 943.1 million |
| CAGR | 1.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Nabtesco, Kangni, Fangda, Faiveley(Wabtec), Jiacheng, KTK, Panasonic, Shanghai Electric, Horton Automatics, Stanley, Westinghouse(Knorr-Bremse), zhongcheshidai, ST Engineering, Portalp, Manusa |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
