Showing posts with label Wabtec Rail Traffic Door Market Revenue. Show all posts
Showing posts with label Wabtec Rail Traffic Door Market Revenue. Show all posts

Friday, February 14, 2020

Increase in Number of Underground Metro Train Project Anticipated to Drive Global Rail Traffic Door Market: Ken Research

Rail traffic door is a safety system used in train or subway stations to separate the platform from the train. It opens automatically on sensing the approach of a person. It is generally used for passenger safety. It is being widely adopted in many metro systems. It reduces the risk of accidents & manpower costs, helps in improving the sound quality of platform announcements and prevents litter on tracks. Various types of rail traffic doors include semi-closed type, full-closed type, and half-height type.
The key advantages are included improved safety, prevent people from accidentally falling onto the tracks, improve climate control within the station, improve security, and improve the sound quality of platform announcements. Apart from this, its primary disadvantage is the high cost of these doors. Additionally, the primary risk associated with these doors is that people may be trapped between the platform doors and the train carriage, and be consequently crushed when the train begins to move.
Global Rail Traffic Door Industry
According to the study, “Global Rail Traffic Door Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global rail traffic door market ar. Nabtesco Corporation, Westinghouse Air Brake Technologies Corporation (Faiveley Transport S.A.), Knorr-BremseAktiengesellschaft, Stanley Black & Decker, Inc. (Stanley Access Technologies, LLC), China Fangda Group Co Ltd. (Fangda Intelligent Innovation Technology Co., Ltd.), Panasonic Corporation (Panasonic Manufacturing (Beijing) Co., Ltd.), Nanjing Kangni Mechanical & Electrical Co., Ltd., Shanghai Jiacheng Railway Transportation Safety System Co., Ltd., Sanwa Holdings Corporation (Horton Automatics Inc.), Manusa Door Systems, S.L.U., KTK Group Co., Ltd.
Based on product type, rail traffic door market is segmented into semi height rail traffic door, half-height rail traffic door, and full height rail traffic door. Full height rail traffic doors are total barriers between the ceiling and station floor, while the half-height rail traffic doors are referred to as rail edge doors, as they do not reach the ceiling and therefore do not create a total barrier. Based on station type, the market is segmented into old metro train stations and new metro stations. The new metro train station segment is predicted to exhibit a higher growth rate owing to the rise in the number of metro train projects across the globe during the forecast period. Based on platform type, the market is segmented into one platform traffic door, two platform traffic doors, and more than two platform traffic doors.
The rail traffic door market is driven by an increase in the number of underground metro train projects, followed by the presence of various manufacturers of rail traffic doors, and rise in advantages of these doors such as ease of operation, energy saving, fast & accurate and maintaining security. However, the risk of getting trapped between these doors and, high cost of installation of rail traffic doors may impact he market.
Based on geography, the North-American region represents a healthy potential for the rail traffic door market owing to a rise incognizant of automated metro trains in the region. Whereas, the Asian-Pacific region is anticipated to exhibit substantial growth rate due to increase in spending by governments, rise in demand for the automatic platform screen doors, and growth in technological advancements in the transportation sector over the forecast period.
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