Global Platform Screen Doors Market Overview:
Platform Screen Doors (PSD) are majorly used to prevent passengers from falling off the platform edge onto the railway tracks. It is widely used in public transportation to protect people from any collision on the tracks. These doors can be of fixed doors and sliding doors type installed at the appropriate place of the platform. Also, these doors provide a comfortable platform by blocking wind, dust, and noise generated by train. The growing use of PSD in railway stations and subways has boosted the global market size.
- Rapid Increase in the Number of Metro Train Projects Across the Globe
- Reduce the Risk of Accidents
- Growing Deployment of Platform Screen Doors in Asia Pacific Countries
- High Cost of Installation
- Rising Installations of Automated Metro Trains
- Increasing Government Initiatives for Public Safety
In Platform Screen Doors Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are Nabtesco Corporation (Japan), Nanjing Kangni Mechanical & Electrical Co., Ltd. (China), Zhuzhou CRRC Times Electric Co., Ltd. (China), Knorr-Bremse AG (Germany), Nippon Signal Company, Limited (Japan), Kyosan Electric Manufacturing Co., Ltd. (Japan), Overhead Door Corporation (United States), Wabtec Corporation (United States), Samjung Tech Co., Ltd. (China), Singapore Technologies Engineering Ltd. (Singapore), Schaltbau Holding AG (Germany), Shanghai Jiacheng Railway Transportation Safety System Co., Ltd. (China), Stanley Access Technologies LLC (United States), Sai Synergy LLP (India) and NRT Corp. (Canada). Analyst at AdvanceMarketAnalytics see Asia Pacific Manufacturers to retain maximum share of Global Platform Screen Doors market by 2024. Considering Market by Station Type, the sub-segment i.e. New Metro Stations will boost the Platform Screen Doors market. Considering Market by Platform Type, the sub-segment i.e. One Platform will boost the Platform Screen Doors market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Platform Screen Doors market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Platform Screen Doors market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Platform Screen Doors Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.