Summary
Global Train Door Systems Market 2023-2027
The analyst has been monitoring the train door systems market and is forecast to grow by $2183.95 mn during 2022-2027, accelerating at a CAGR of 4.9% during the forecast period. Our report on the train door systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing rail passenger traffic, growing rolling stock across the globe, and need for upgrade and modernization of railway infrastructure.
The train door systems market is segmented as below:
By Product
• Electrical train door systems
• Pneumatic train door systems
• Manual train door systems
By Application
• Entrance doors
• Internal doors
By Geography
• Europe
• APAC
• North America
• South America
• Middle East and Africa
This study identifies the rise in use of automation and IoT in railways as one of the prime reasons driving the train door systems market growth during the next few years. Also, innovation in train door systems and consolidation in the train door systems market will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the train door systems market covers the following areas:
• Train door systems market sizing
• Train door systems market forecast
• Train door systems market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading train door systems market vendors that include Allegion Access Technologies, Doorspec Inc., EKE Electronics Ltd., Elmesy Ltd., Fuji Electric Co. Ltd., igus GmbH, Imfuyo, IMI Norgren Herion Pvt. Ltd., Kalsi Automatic Door System, Knorr Bremse AG, Meiller Aufzugturen GmbH, Nabtesco Corp, Pars Komponenty, Polarteknik Oy, Schaltbau Holding AG, Siemens AG, Tamware Oy AB, Ultimate Europe Transportation Equipment GmbH, Westinghouse Air Brake, and PSI Technologies Ltd. Also, the train door systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
