The global platform screen door system market size was valued at USD 420.40 million in 2022. It is projected to reach USD 674.88 million by 2031, growing at a CAGR of 5.40% during the forecast period (2023-2031).
A barrier called a platform screen door system is built at transit stations to partition passengers and the transit space, such as the platforms or airport runways. Platform screen door systems are designed to give passengers protection and security while lowering the possibility of accidents brought on by human interaction. Platform screen door systems are a relatively new addition to transit stations worldwide, and improvements are constantly being developed to offer a better version of platform screen door systems to lower accidents. Companies all over the world have made numerous advancements for the introduction of modern platform screen doors, which promotes their widespread usage.
Globally, governments are concentrating on enhancing their nations' security and safety systems and transportation infrastructure. Through various contracts and agreements carried out by leading manufacturers, this increased attention has allowed countless countries to modernize their current safety and security system. Transit station upgrades are currently being carried out worldwide to enhance passengers' safety and security. These upgrades include the installation of automatically operated platform screen door systems.
Although Brazil's transit stations have platform screen doors, the government is installing platform screen door systems at every station by the end of 2021. Platform screen doors are additionally being placed at the Greek driverless metro line, and construction is scheduled to be finished by November 2020. This accelerates the adoption of these technologies, which supports global market expansion.
Due to the increased usage of public transportation as a means of reducing traffic jams and because it is the most affordable and secure mode of transportation, transportation can be seen as a facilitator of economic progress. However, the platform screen door system industry's capital-intensive nature is a significant inhibitor because installation is expensive. For instance, to decrease accidents and suicides, Indian Railway chose to construct a platform screen door system at the stations of the Maharashtra metro. This shows that creating and maintaining a safety network requires significant financial resources, which is anticipated to impede market expansion.
A nation's transportation business operates more quickly and efficiently when its transportation infrastructure is developed. For instance, introducing autonomous trains has expanded the rail network in several countries worldwide. A significant investment is also needed to ensure passengers' safety and security. As a result, the governments of developing nations are making sizable investments to implement the most current technological setups necessary to guarantee the safety of passengers at various transit stations.
For instance, to ensure that no accidents occur due to human mistakes, Greece is attaching platform screen doors to its driverless metro, which began in November 2020. Manufacturers of platform screen doors predict that this will present them with numerous prospects to supply advanced products to various nations. The platform screen door system market has an opportunity to expand due to these advancements in developing countries.
Study Period | 2019-2031 | CAGR | 5.40% |
Historical Period | 2019-2021 | Forecast Period | 2023-2031 |
Base Year | 2022 | Base Year Market Size | USD 420.40 Million |
Forecast Year | 2031 | Forecast Year Market Size | USD 674.88 Million |
Largest Market | North America | Fastest Growing Market | Asia Pacific |
North America Dominates the Global Market
The global platform screen door system market is divided into four regions: North America, Europe, Asia-Pacific, and LAMEA.
North America is the most significant revenue contributor and is expected to grow at a CAGR of 5.45% during the forecast period. The United States, Canada, and Mexico are among the nations covered by the study of North America. Several government regulations have been put in place to decrease accidents and improve passenger safety, which encourages the use of platform screen door systems. The U.S. is the leading nation in North America, which now ranks third in the income generated for platform screen door systems. Mexico, however, is anticipated to experience a significant growth rate during the forecast period. In recent years, the North American transportation industry's increased focus on safety has made using platform screen door systems at various sites possible.
Asia-Pacific is a significant revenue contributor and is expected to grow at a CAGR of 5.40% during the forecast period. The market in Asia-Pacific is expanding due to rising demands for personal safety and security and an increase in population. Additionally, due to government initiatives, several technology innovations and infrastructural improvements related to metro stations, airports, and other transit stations are occurring, further fueling the increase. Additionally, Asia-Pacific has a strong potential for growth due to the quickly increasing use of innovative technology in nations like China and Japan. The expansion of the platform screen door system market in this area is anticipated to be boosted by several government measures to promote passenger safety.
In Europe, the major market participants, including Faiveley Transport, Gilgen Door Systems AG, Manusa, and others, have created and deployed full-height platform screen door systems that are highly advanced. Furthermore, increased demand for platform screen door systems in the European region is anticipated to result from the implementation of strict government rules to guarantee passenger safety. Due to infrastructure and technology advancements and increased demand for system upgrades, platform screen door usage is most prevalent in Germany, the U.K., and France. Therefore, each variable was crucial in developing Europe's platform screen door system market.
Latin America, the Middle East, and Africa are all included in the analysis of the LAMEA market. Due to the country's ongoing expansion and the rising demand for safer transit hubs, the Middle East saw substantial growth. The market for platform screen door systems is most heavily concentrated in LAMEA. But it is anticipated to increase at the quickest rate during the projected period. Since a few years ago, LAMEA's economies have been steadily improving due to rising living standards and investments made by various businesses. This is the primary driver of market growth for platform screen door systems in this area.
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
The global platform screen door system market is segmented by product type and application.
The global platform screen door system market is bifurcated based on product type into full-height, semi-height, and half-height.
The full-height segment is the highest contributor to the market and is estimated to grow at a CAGR of 5.50% during the forecast period. Due to its extensive use in newly constructed transit stations, full-height platform screen doors have significantly increased their market share in the global platform screen door system market. The global platform screen system market is expanding due to the rising application. Full-height doors are also utilized to separate the platform from the track, ensuring passenger safety and improving aesthetics and platform air conditioning. As a result of these enhanced elements, full-height platform screen doors are used more frequently, which expands the global market.
Semi-height platform screen doors are similarly full-height doors, but because they don't reach the ceiling where they are installed, they don't completely block a space. Since they are full height, semi-height doors protect the passenger from the car. Semi-height doors are outfitted with a twin motorization mechanism to slide the doors open when trains or buses arrive. The semi-height platform screen doors installed on platforms work as a partition between the passenger living area and the area where the vehicles are operated because they are only anchored at the bottom of the platform. Additionally, semi-height platform screen doors improve passenger safety and manage passenger flow, which promotes the use of semi-height doors more widely. The global industry's expansion is aided by additional variables, such as blocking train winds to lessen dust inflows onto platforms.
Half-height platform screen doors are a certain height, such as waist height, and serve as a barrier between the rail track and the passengers. To provide safety and security to the passengers, half-height platform screen doors are widely used in bus stops, metro stations, and other locations. Half-height platform screen doors, erected at transit stations to provide passengers with a clear view and reduce the risk of passengers sliding off the tracks, are contributing to the expansion of the global market. Half-height platform screen doors also contribute to proper ventilation in transit stations, encouraging widespread use worldwide.
Based on the application, the global platform screen door system market is bifurcated into the metro, airport, and bus stops.
The metro segment is the highest contributor to the market and is estimated to grow at a CAGR of 5.10% during the forecast period. A metro is a specific kind of train intended to operate throughout major cities and carry passengers from one location to another. Metros are one of the most popular modes of transportation and have a greater adoption worldwide since they are efficient in energy consumption and space occupancy. By being used in metro stations to build a wall separating the platform from the track, platform screen door systems have gained popularity. This aims to improve the security and comfort of metro riders. One of the main factors in the widespread acceptance of platform screen doors system is the improvement in aesthetics that the installation of a platform screen door system makes possible.
The airport is the location for domestic and international flight arrivals and departures and offers all the services required to look after the aircraft, passengers, and their baggage. To protect the safety and security of travelers, airports have full-height platform screen doors at the departure and arrival areas. The fact that platform screen doors operate as a barrier between the terminal and runway to ensure the safety and security of passengers and airplanes makes airports one of the critical applications for platform screen door systems. Platform screen doors are also used at airports to distinguish between terminals for departure and arrival, which encourages a more significant usage of sturdy platform screen doors and boosts the size of the global market.
A bus stop is a location set aside for boarding and disembarking passengers. According to the frequency of use by passengers from a specific area, bus stops are constructed at various points across the city. Some bus stations function as transportation hubs where buses from several routes stop, and passengers can switch buses to travel to their final destination. To enhance the safety and security of the passengers, platform screen doors are increasingly used at bus stops. Additionally, due to the increased infrastructural improvements and technological advancements worldwide, bus stops have been upgraded and fitted with cutting-edge technology like platform screen doors. Further, installing platform screen doors enhances climate control, improves safety for passengers, and provides a better view of the station while lowering the likelihood of accidents.