The main purpose for the installation of platform screen door system is to ensure safety of the passengers and to prevent the occurrence of suicides, accidents and prevent people from entering the metro tracks or vehicle propulsion area. In addition, platform screen doors improve the climate condition of the metro stations, airports and bus stops by preventing the outer air to come inside and eventually reduce the cost incurred in installing the heating and cooling system across the area.
Moreover, platform screen door system installed at the transit stations are helpful in controlling the flow of passengers, an increase the passenger safety, an increases the comfort of the passengers and reduces the station running cost. Also, platform screen door system offers an attractive appearance to the platform; thus, leading to the growth of the global platform screen door system market.
The global platform screen door system market is driven by factors such as rising need for public safety and massive transportation infrastructure development. However, high capital requirement and refurbishment of existing safety system restrain the growth of the market. Furthermore, rise in demand for safe, secure and efficient transport system and improvement in railway infrastructure in developing countries provide lucrative growth opportunities for the players operating in the global platform screen door system market.
The global platform screen door system market is segmented into product type, application and region. By product type, the global platform screen door system market has been categorized into full height, semi height and half height type of platform screen doors. By application, it is classified into metro, airport and bus stop. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global platform screen door system market include Faiveley Transport, Fangda Group, Gilgen Door Systems AG., Horton Automatics, Manusa, Panasonic Corporation, Jiacheng Railway International, Stanley Access Technologies LLC., Toshi Automatic Systems Pvt. Ltd. and Westinghouse Electric Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents analytical depiction of the global platform screen door system market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2017 to 2026 to highlight the financial competency of the market.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers.
KEY MARKET SEGMENTS
By Product Type
- Full Height
- Semi Height
- Half Height
By Application
- Metro
- Airport
- Bus Stop
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Faiveley Transport
- Fangda Group
- Gilgen Door Systems AG.
- Horton Automatics
- Manusa
- Panasonic Corporation
- Shanghai Jiacheng Railway International
- Stanley Access Technologies LLC.
- Toshi Automatic Systems Pvt. Ltd.
- Westinghouse Electric Corporation
Table of Contents
Companies Mentioned
- Faiveley Transport
- Fangda Group
- Gilgen Door Systems AG
- Horton Automatics
- Manusa
- Panasonic Corporation
- Jiacheng Railway International
- Stanley Access Technologies LLC
- Toshi Automatic Systems Pvt Ltd
- Westinghouse Electric Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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