Automatic platform screen doors (APSDs) provide safety and security to passengers on railway platforms by preventing accidental falls onto train tracks. The globally rising consumption of energy and push for sustainable transport solutions have driven the growth of metro and subway networks worldwide, increasing the need for APSDs. The development of sensors and connectivity features in recent APSDs have enhanced commuter safety.
The Global APSD 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 the Automatic platform screen door market are 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.
The increasing construction of metro networks across major cities in Asia Pacific and South America offer lucrative growth opportunities in the APSD market. Countries are also implementing regulations mandating the installation of safety doors at all metro stations.
Technological advancements have enhanced the functionality of APSDs. Recent models feature sensors, collision detection systems and connectivity for remote monitoring. This helps improve commuter safety and reduce fatal accidents on railway platforms.
Market Drivers
Growing urbanization and rising income levels in developing nations are increasing passenger traffic on metros and subways. This is driving governments worldwide to expand existing metro rail infrastructure and construct new networks. The rapid expansion of metro rail networks is the key driver boosting demand for APSDs for enhanced commuter safety.
Stringent government regulations and standards pertaining to public safety in mass transit systems are also propelling the installation of APSDs. Regulatory bodies mandate safety features like platform screen doors at all stations to prevent accidental falls or collisions with oncoming trains. This is positively impacting market revenue growth.
Current challenges in Automatic Platform Screen Doors Market: Some of the key challenges faced by automatic platform screen doors market are integration issues with existing infrastructure at metro and railway stations, high installation and maintenance cost, and breakdown and technical glitches hampering frequent operations. Safety remains one of the primary concerns for transport authorities and upgrading existing infrastructure needs huge capital investments.
SWOT Analysis
Strength: Provides enhanced safety for passengers and prevents accidental falls on tracks. Robust and durable design withstands harsh weather and ensures smooth operations.
Weakness: High upfront investment and maintenance costs. Retrofitting at existing stations needs extensive planning and coordination with operation schedules.
Opportunity: Growing rail infrastructure projects in developing nations offer new expansion avenues. Advancements in sensor technologies and automated solutions to improve functionality.
Threats: Downtime due to technical faults results in disruption of train operations. Stiff competition from local players impacts pricing and market share of international brands.
In terms of value, Asia Pacific region dominates the automatic platform screen door market owing to large number of metros and rail projects underway in major countries such as China, India. China accounts for the largest share currently attributed to substantial infrastructure developed in last decade alone. Southeast Asian countries such as Thailand, Indonesia and Vietnam offer promising growth opportunities with ongoing rail expansion activities. Western Europe and North America currently hold relatively mature markets but ongoing refurbishment of existing systems ensures steady demand particularly in Germany, France, United Kingdom and United States. The fastest growing regional market for automatic platform screen doors is expected to be Middle East & Africa with massive rail investments by Gulf nations to enhance urban mobility. Countries like Saudi Arabia, United Arab Emirates are actively developing metros and high speed rail networks.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
