Market for Platform Screen Doors (PSDs) to Witness Tremendous Growth by 2021-2026
2023-04-25 05:48:45 By : admin
The Platform Screen Door (PSD) market has been experiencing exponential growth in recent years, and it is expected to continue growing at a steady pace in the coming years. With the growing urbanization all over the world, there is an increasing need for improved safety and efficiency in public transport systems. Platform screen doors offer a perfect solution to these growing demands as they provide enhanced safety, improved passenger flow, and energy efficiency benefits.
A PSD is a safety feature that is installed at railway stations and subway platforms to separate the platform from the tracks. These doors are typically made of glass or metal and slide open and close automatically as trains arrive and depart. The doors are designed to prevent accidents by creating a physical barrier between the platform and the tracks, preventing passengers from falling or being pushed onto the tracks. They also ensure smooth and organized passenger flow, reducing congestion on the platforms.
The global PSD market size is expected to reach $1,347.2 million by 2026, growing at a CAGR of 7.3% during the forecast period. The growing demand for safer and more efficient public transport systems, coupled with rising investment in urban infrastructure, is expected to drive the growth of the PSD market worldwide.
One of the companies contributing to the growth of the PSD market is Zip Screen. Zip Screen offers a range of PSD solutions that are designed to cater to the specific needs of different types of transport infrastructure. Their PSD products are characterized by their durable design, low maintenance, and energy-efficient operations.
Another company that has been contributing to the growth of the PSD market is Roller Blind. Roller Blind is a leader in energy-efficient systems for transport infrastructure, and they offer several PSD solutions that are designed to reduce energy consumption while keeping passengers safe and comfortable.
In conclusion, the Platform Screen Door (PSD) market is expected to continue experiencing exponential growth in the coming years. With growing investment in urban infrastructure and increasing demands for safer, more efficient public transport systems, the demand for PSDs is bound to increase. Companies like Zip Screen and Roller Blind are at the forefront of providing innovative and sustainable PSD solutions that will undoubtedly play a significant role in shaping the future of the global transport industry.