Platform Screen Door System Market

Platform Screen Door System - Global Market Outlook (2019 -2027)

4.8 (84 reviews)
Published: November 2020 ID: SMRC20179
4.8 (84 reviews)
Published: November 2020 ID: SMRC20179

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Platform Screen Door System Market is accounted for $710.50 million in 2019 and is expected to reach $1,239.10 million by 2027 growing at a CAGR of 7.2% during the forecast period. Some of the factors such as increasing need for public safety and enormous transportation infrastructure development are propelling the market growth. However, refurbishment of existing safety system and high capital requirement are hampering the market growth.

Platform Screen Door System

Platform screen door systems are a kind of automatic gates which are installed at different transit stations such as metro stations, bus stop and airports. Platform screen doors set up at these transit stations acts as a barrier between the passengers and the vehicle propulsion area to make sure the safety and security of passengers.

Based on the application, the metro segment is estimated to have a lucrative growth due to the need for setting up of a security barrier between the platform and metro to keep away from accidents. Metro stations have a spacious application of dissimilar kinds of platform screen door system owing to high revenue and are likely to follow the same trend throughout the forecast period. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the amplified inclination towards upgrading the existing technology.

Some of the key players profiled in the Platform Screen Door System Market include Westinghouse Electric Corpora, Manusa, Gilgen Door Systems AG., Horton Automatics, Panasonic Corporation, Fangda Group, Toshi Automatic Systems Pvt. Ltd., Stanley Access Technologies LLC., Shanghai Jiacheng Railway International, Faiveley Transport, Nabtesco, and Nanjing Kangni.

Product Types Covered:
• Full Height
• Half Height
• Semi Height

Applications Covered:
• Airport
• Bus Stop
• Metro

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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