The global Platform Screen Doors (PSD) market was valued at US$ 834.8 million in 2020 and it is expected to reach US$ 1213.1 million by the end of 2027, growing at a CAGR of 5.7% during 2021-2027.
Platform Screen Doors (PSD) is a safety system used in subway and LRT (Light Rail Transit) to cut off platform from the railway. Fixed doors and sliding doors are installed at the appropriate place of the platform. Sliding doors interact with car doors, open and close as a ATO (Automatic Train Operation) system make a signal when an electric train stops at the designated place.
For industry structure analysis, the platform screen doors (PSD) industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry.
The top 3 producers account for about 40% of the revenue market. Asia-Pacific is the largest market, with a share about 70%, followed by Europe and North America with the share about 15% and 10%.
Global Platform Screen Doors (PSD) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Platform Screen Doors (PSD) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nabtesco, Kangni, Faiveley(Wabtec), Fangda, Jiacheng Corporation, Panasonic, Horton Automatics, Stanley, Shanghai Electric, Westinghouse(Knorr-Bremse), KTK, Manusa and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-platform-screen-doors-psd-market-outlook
Segment by Type
- Full-Closed Type
- Semi-Closed Type
- Half Height Type
Segment by Application
- Other Transportation
Table of Content:
1 Platform Screen Doors (PSD) Market Overview
2 Platform Screen Doors (PSD) Market Competition by Manufacturers
3 Platform Screen Doors (PSD) Retrospective Market Scenario by Region
4 Global Platform Screen Doors (PSD) Historic Market Analysis by Type
5 Global Platform Screen Doors (PSD) Historic Market Analysis by Application
6 Key Companies Profiled
7 Platform Screen Doors (PSD) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Platform Screen Doors (PSD) Market Dynamics
10 Global Platform Screen Doors (PSD) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta