"Market Intelligence for High-Geared Performance"
Transportation plays a vital role in the economic growth of any country, and railways are considered to be one of the most efficient forms of transportation; hence, innovations and technological developments in railways and related equipment are highly welcomed. The train doors are essential amenities inside the coaches as they ensure passengers' safety and privacy from outsiders. Stringent rules and regulations imposed by governments and administering bodies to ensure the security of passengers and the merchandise transported is another prominent driver anticipated to drive the development of the global train door system market.
The global population growth and its preference for train travel will fuel the market expansion. With rising population density and urbanization, there is an increase in office goers, leading to heavy congestion in the roadways. Consumers are continuously shifting their commuting means to metros and railways to circumvent this chaos, significantly propelling the train door system market. Additionally, nations are investing heavily in developing transportation infrastructure, such as high-speed rail networks and metros, to provide quick and comfortable rides to passengers.
The growing awareness of environmental concerns is a driving factor making consumers shift towards shared transportation. As the overall railway industry is moving towards electrification and automation, more is the use of automated smart doors, which operate automatically as the train stops or departs the station. The doors cannot be opened by emergency buttons as soon as the train achieves a speed over 5km per hour, ensuring the safety of the passengers.
The pandemic introduced a temporary worldwide shutdown in many sectors. This temporary shutdown impacted various industries negatively, leading to revenue decline, loss of product sales, slowed production rate, unemployment, and many other severe impacts. This led to an economic downturn as the majority of the manufacturing facilities were suspended or working at half capacity.
The growth of the train door system market is positively correlated with the rising demand for overall Railways as a means of transportation. As COVID-19 hit the world in early 2020, all the major economies had multiple setbacks due to lockdowns and supply chain bottlenecks. FY-20 and FY-21 were highly dissatisfied with the global travel and transportation market because people have entirely refrained from leisure travels, and the work-from-home culture has significantly reduced the number of office goers, leading to plummeting demand for railways for commuting.
Industrial activities worldwide took a pause, leading to lesser production and lesser shipments of goods globally. Reduced output has lowered the need to transport goods, resulting in a deteriorating demand for the railways. The closure of production plants and shortage of workforce due to stricter social distancing norms also affected production. Another issue was regarding the procurement of raw materials. The supply chain tailback affected the companies to procure sufficient raw materials to meet their production needs, and at the same time, the elevated inflation has significantly raised the cost of production.
By Mechanism | By Application | By Train Type | By Geography |
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The report will cover the following key insights:
The automatic doors segment is expected to register the fastest growth rate during the forecast period. Automatic doors are designed with safety features to prevent accidents. They typically include sensors that detect obstructions, ensuring that doors don't close on passengers or objects. Hence, increasing demand for safety and comfort among travelers is likely to drive the segment's growth. Moreover, automatic doors are faster and more efficient in terms of opening and closing. This reduces dwell times at stations, allowing trains to maintain schedules and operate more efficiently. Therefore, efficient train operations are driving the segment growth. Automatic doors are often designed to be more accessible for passengers with disabilities. They can include features like wider door openings and low-floor designs to accommodate wheelchairs and strollers. All these factors are expected to propel the segment growth in the year to come.
The entrance door segment dominated the market in 2022. Entrance doors are typically larger and higher than internal doors. Additionally, the safety of passengers is a top priority among train service providers, especially during emergency situations. Entrance doors need to provide ample space for evacuation and quick exit in case of emergencies, such as fires or accidents. A larger door helps facilitate rapid evacuation. Therefore, increasing demand for entrance doors for improved passenger safety is likely to drive the segment growth in years to come. Moreover, the Entrance door facilitates a smoother flow of passengers, further improving operational efficiency. Therefore, increasing demand for efficient passenger flow in transit is driving the adoption of new-generation entrance doors.
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The Asia Pacific region dominated the market in 2022 and is anticipated to continue its dominance over the coming years. Multiple factors that strengthen our notion of Asia Pacific being the leader include the rising populace migrating to the Middle-income bracket, urbanization, increasing office goers, presence of rail manufacturers in China and Japan, cheap access to labor, the advent of 5G, and proliferation in technology adoption, among others. Additionally, Asia Pacific's growth is optimistic as Japan, China, and India are investing heavily to expand their railway infrastructure by introducing super-fast rails, bullet trains, and metro for greater convenience for its commuters, resulting in a proliferation in the train door system market. Increasing regulations and stricter environmental norms are continuously pushing manufacturers to produce electric and automated rails, which extensively use advanced automatic doors to achieve aesthetic, safety, and high-tech specifications, resulting in a growth of the train door system market.
The report includes the profiles of key players such as WEGH Group, Traindoor Solutions Ltd., Kalsi Automatic Door Systems, Stanley Access Technologies LLC, Ultimate Europe Transportation Equipment GmbH, Knorr-Bremse AG, IMI Norgren Herion Pvt Ltd, BARAT Group, Astra Vagoane Calatori SA, NRT Corporation, and Toshi Automatic Systems Pvt Ltd.
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