The automatic platform screen doors market comprises automated doors or gate systems installed at rail stations and metro platforms. They regulate the access of passengers and stop fall or push incidents onto tracks. Automatic platform screen doors feature sensors to detect train arrivals and automatically open when a train pulls into the station. They close on the other side once passengers board or disembark to maintain security and safety at train platforms. The doors function as vertical screens fixed to the edge of the platform and move horizontally to open and close access to trains. They prevent passenger accidents as well as infiltration of foreign objects onto tracks.
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 the 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. The growing construction of metro rail networks and rapid urbanization across developing nations in Asia Pacific and Latin America are fueling demand for automatic platform screen doors. Major players are expanding their operations in China, India, and Southeast Asian countries to tap the potential growth opportunities in developing markets.
Market drivers
Rapid urbanization in developing countries is one of the major drivers of the automatic platform screen doors market. According to the UN, around 68% of the total global population is projected to live in urban areas by 2050. This is necessitating expansion of urban transportation infrastructure and metropolitan rail networks worldwide. Automatic platform screen doors enhance safety and security at metro and train stations witnessing high commuter traffic. Their installation has become mandatory at many public rail stations to prevent accidents, supporting market growth.
Geopolitical impact on Automatic Platform Screen Doors Market Growth
The current geopolitical instability and ongoing conflicts globally are expected to impact the growth of the automatic platform screen doors market. Rising tensions between major trading partners could disrupt supply chains and increase raw material costs for market players. Additionally, trade restrictions and sanctions on some countries by others may limit the scope for expanding business operations internationally. Furthermore, regional conflicts and political uncertainty in certain areas pose risks for new infrastructure projects that implement platform screen doors at public transit stations. However, concerns around safety and security at public transport facilities are driving increased spend on automatic doors in many nations. To counter challenges, companies may seek alternative supply sources and focus on growing business domestically or in politically stable regions with strong economic growth prospects in the forecast period.
Asia Pacific currently represents the largest regional market for automatic platform screen doors in terms of value. This is due to ongoing large-scale investments in public transit systems across major countries like China, India, Japan and South Korea. China alone accounts for over 40% of the global market value currently owing to heavy infrastructure spending on metros and rail networks over the past decade. The Europe market is also sizable currently due to developed transit infrastructure in many nations. However, the Middle East and Africa region is projected to emerge as the fastest growing regional market between 2024-2031 backed by rapid urbanization and government initiatives to develop public transport systems, especially metros and high-speed rail, across several countries in the region.