Platform Screen Door (PSD) Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 9.2% from 2026 to 2033.
In 2022, the global Platform Screen Door (PSD) market was valued at approximately USD 980 million, with projections indicating growth to USD 1,638.67 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. citeturn0search1turn0search0 The Asia Pacific region dominated the market, accounting for USD 297.14 million in 2022 and is anticipated to reach USD 492.42 million by 2030, growing at a CAGR of 6.7%. China led within this region, contributing 29.65% of the revenue share in 2022. In North America, the market is experiencing steady growth driven by investments in transportation infrastructure and safety enhancements. Europe is witnessing increased adoption of PSDs, particularly in metro systems, to improve passenger safety and operational efficiency. The Middle East and Africa are emerging markets, with significant investments in metro projects incorporating PSDs to modernize public transportation systems. Latin America is also observing gradual growth, with countries investing in urban transit solutions to address increasing urbanization.Opportunities in the PSD market are driven by rapid urbanization, increasing demand for safe and efficient public transportation, and technological advancements. The development of smart PSD systems equipped with real time monitoring and predictive maintenance capabilities is gaining traction. For instance, in 2023, advanced PSD solutions integrating IoT sensors were introduced, reducing maintenance time by 40% compared to traditional models. Additionally, governments worldwide are investing in transportation infrastructure projects, creating opportunities for PSD installations. In India, the PSD market is projected to grow from USD 32.55 million in 2022 to USD 43.89 million by 2027, at a CAGR of 6.16%, driven by initiatives to enhance metro and rail safety. Furthermore, the increasing emphasis on passenger safety and crowd management in metro and urban rail systems is propelling the adoption of PSDs globally.
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Kangni
Fangda
Faiveley(Wabtec)
Jiacheng
KTK
Panasonic
Shanghai Electric
Horton Automatics
Stanley
Westinghouse(Knorr-Bremse)
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ST Engineering
Portalp
Manusa
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Platform Screen Door (PSD) Market
Automatic Sliding Doors
Manual Sliding Doors
Vertical Lift Doors
Flap Doors
Glass
Aluminum
Steel
Composite Materials
New Installation
Retrofit Installation
Railways
Subway Systems
Tram Networks
Bus Rapid Transit Systems
Transit Authorities
Private Operators
Construction Companies
Municipalities
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Platform Screen Door (PSD) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Platform Screen Door (PSD) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Platform Screen Door (PSD) Market, By Type
6. Global Platform Screen Door (PSD) Market, By Application
7. Global Platform Screen Door (PSD) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Platform Screen Door (PSD) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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