The reports on the Platform Screen Doors Market provide readers with a better understanding of the market and competitive landscape to support better decision-making.  The market study and analysis conducted in this Platform Screen Doors Market report also assists to figure out types of consumers, their views about the product, their buying intentions and their ideas for advancement of a product. This market research report has been prepared by thoroughly comprehending specific requirements of the business. The Platform Screen Doors Market report explains a thorough study of current situation of the global market along with several market dynamics. It explains various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure. So, take your business to the peak level of growth with this all-inclusive Platform Screen Doors market research report.  Read More @ https://www.absolutemarketsinsights.com/reports/Platform-Screen-Doors-PSD-Market-2021---2029-819
 
The global platform screen doors (PSD) market accounted for US$ 677.20 Mn in 2020, and is expected to grow at a CAGR of 4.4% during the forecast years (2021-2029). Some of the players operating in the global platform screen doors (PSD) market are ALBAYRAK Makine Elektronik, Clearsy, Horton Automatics, Jiacheng Railway International, Manusa, Nabtesco Corporation, Panasonic Corporation, Portalp International, Stanley Access Technologies LLC, Toshi Automatic Systems Pvt. Ltd, Wabtec Corporation, Knorr-Bremse, Zhuzhou CRRC Times Electric Co., Ltd.
The platform screen doors (PSD), also known as the platform edge doors, are generally used at train stations, subway stations and airports for separating the platform from the train tacks as well as on several bus rapid transits. The platform train doors are primarily used for the safety and security of the passengers and also helps in minimizing potential accidents, which are caused owing to the untoward movement of people.
Increasing passenger safety concerns has led to the augmented demand for platform screen doors (PSD) across the world, thereby driving the growth of global platform screen doors (PSD) market. For the first time in the world, the platform screen doors (PSD) had been installed across ten stations of the Line 2 of Saint Petersburg Metro, which were opened between the period of 1961 and 1972. The Mass Rapid Transit of Singapore had been the first metro system in the world for incorporating the glass platform screen doors into its stations for the safety of the passengers and for climate control reasons in 1987.
Due to constant investments towards technological upgradation of public transportation along with growing need for providing safety to the travellers, a significant growth has been recorded in the global platform screen doors (PSD) market. The governments of many countries are entering into agreements and contracts with some of the companies, which are operating in the platform screen doors (PSD) market to deploy the mechanisms across their transportation systems. For instance, in July 2020, National Capital Region Transport Corporation (NCRTC) made an announcement, wherein it invited Indian engineering and manufacturing firms to collaborate for locally developing platform screen doors (PSD). These PSDs were to be implemented on upcoming and existing RRTS, high-speed and main-line railway lines and metro, both locally and internationally.
Global Platform Screen Doors (PSD) Market:
By Product Type

Full Height Doors
Edge Doors
Gate Doors

By Application

Train Station
Metro Station
Bus Stops
Tram Station
Others

By Geography

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

 
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