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Platform Screen Door System Market Report
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- 2. INTRODUCTION Platform screen doorsystems are barriers installed at transfer stations as a barrier between passengers and transfer areas such as platforms or airport runways. Platform screen door systems are designed to provide safety and security to passengers; thereby reducing the chance of accidents due to human intervention. They are a new addition to transit stations around the world and are constantly being developed to provide better versions of platform screen door systems to reduce accidents.
- 3. MARKET SIZE 821.3 million FORECAST 1,384.9million CAGR 6.8% 2022 2030 2030 KEYINSIGHTS
- 4. REVENUE MARKET SHAREBY SEGMENTS 2022 Full-Closed Type: Type 56.2% Metro Application: Technology 48.6%
- 5. GLOBAL PLATFORM SCREENDOOR SYSTEM MARKET REVENUE SHARE FOR 2022 North America 41.4%
- 6. The increasing demandfor safe and efficient transportation systems in urban areas Increasing demand for safer and more efficient transportation systems, and growing focus on sustainability and energy efficiency High capital requirements and need to upgrade existing safety systems Drivers Restraints
- 7. AUTHOR'S PERSPECTIVE The marketfor platform screen doors may expand as a result of three main factors: rising need for safety, an increase in railway- based transportation, and a growing population. The market throughout the projection period can change as a result of recent improved technology advances.
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