Global Platform Screen Door (PSD) market cagr 6.6%

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Platform Screen

Door (PSD) Market

Platform Screen Door (PSD) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Platform Screen Door (PSD) Market Size and Growth

The Platform Screen Door (PSD) market research reports indicate a growing demand for PSD systems due to increased emphasis on passenger safety and security. The market size is projected to reach $1.5 billion by 2026, driven by urbanization, infrastructure development, and technological advancements in the transportation sector.

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Companies Covered

(Covid 19 Impact Covered)

◍ Nabtesco

◍ Nanjing Kangni Mechanical & Electrical

◍ Faiveley (Wabtec)

◍ China Fangda Group

◍ Jiacheng

◍ Panasonic

◍ Horton Automatics

◍ Stanley

◍ Shanghai Electric

◍ Westinghouse(Knorr-Bremse)

◍ KTK Group

◍ Manusa

The Platform Screen Door (PSD) Market is competitive with key players like Nabtesco, Nanjing Kangni Mechanical & Electrical, Faiveley (Wabtec), China Fangda Group, Jiacheng, Panasonic, Horton Automatics, Stanley, Shanghai Electric, Westinghouse (Knorr-Bremse), KTK Group, and Manusa. These companies provide innovative PSD solutions and technology to improve passenger safety and efficiency at transportation hubs, driving the growth of the PSD market.

- Nanjing Kangni Mechanical & Electrical: $128 million USD

- Faiveley (Wabtec): $3.9 billion USD

- China Fangda Group: $1.6 billion USD

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Market Segmentation

By Application

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By Product

◍ Full Height Closed Platform Screen Door ◍ Half Height Open Platform Screen Door ◍ Full Height Open Platform Screen Door ◍ Subway ◍ Others

Market Growth

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$ X Billion USD

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Global Platform Screen Door (PSD) market cagr 6.6% by ReportPrime - Issuu