Platform screen doors, also known as platform edge doors. 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 an ATO (Automatic Train Operation) system make a signal when an electric train stops at the designated place.
Global Platform Edge Door key players include Nabtesco, Nanjing Kangni Mechanical & Electrical, Faiveley (Wabtec), China Fangda Group and Jiacheng, global top five players hold a share over 50 percent. Asia is the largest market, with a share over 70%, followed by North America and Europe.
The global Platform Edge Doors (PEDs) market was valued at US$ 804 million in 2020 and it is expected to reach US$ 1284.8 million by the end of 2027, growing at a CAGR of 6.9% during 2021-2027.
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.
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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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Full-Closed PEDs
- Semi-Closed PEDs
- Half Height PEDs
Segment by Application
- Light Rail Transit (LRT)
- Nanjing Kangni Mechanical & Electrical
- Faiveley (Wabtec)
- China Fangda Group
- Horton Automatics
- Shanghai Electric
- KTK Group
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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