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The train door systems market size is estimated to grow at a CAGR of 5.38% between 2023 and 2028. The market size is forecast to increase by USD 376.65 million. The growth of the market depends on several factors, including growing rail passenger traffic, growing rolling stock across the globe, and the increased demand for modernized railway infrastructure.
The report includes a comprehensive outlook on the Train Door Systems Market, offering forecasts for the industry segmented by Product, which comprises electrical train door systems, pneumatic train door systems, and manual train door systems. Additionally, it categorizes Application into, entrance doors and internal doors and covers Geography regions, including Europe, APAC, North America, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
Train Door Systems Market Forecast 2024-2028
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Many railway operators are carrying out modernization and upgrading activities for their rail infrastructure. Not only are these activities aimed at replacing legacy assets with new assets, but they also add new systems with enhanced safety and monitoring capabilities. Consequently, modernizing the railway network provides opportunities for train door system market players. End-users participating in modernization and upgrades are looking to install more sophisticated systems. These modernization activities are more active in Europe and North America.
Furthermore, some Asian countries where railway networks are prone to poor management and safety issues are also upgrading their railway infrastructure. Such investments will raise the demand for rolling stock and the components of rolling stock, such as train seating, train doors, and train control system solutions, which, in turn, will boost the growth of the market during the forecast period.
Railway systems are adopting automation and IoT to control and manage technology and communications systems. Smart railway systems give trains the ability to sense their environment and react accordingly. These smart trains are a combination of geospatial mapping, smart vision systems, automatic train doors, sensor integrated sorry, and network-centric.
Moreover, as technologies such as IoT are becoming mainstream, it is getting easier and more inexpensive to provide efficient services such as asset utilization, reduced costs, better experience, and better operations. Along with the information technology (IT) sector, engineering, maintenance, door systems, signaling, communications, and ticketing sectors are also using this technology. Thus, such factors will boost the growth of the market during the forecast period.
Train door systems have a life cycle of around 17-25 years. Once a system is installed in a rail vehicle, it cannot be replaced until or unless there is a fault in the system. Therefore, initial investment and maintenance costs for train door systems will be high, and this will restrict customers from switching to or experimenting with products offered by new players. Furthermore, the market has already been dominated by a few big players that have a strong customer base throughout the globe. Their presence will affect the entry of new players.
Moreover, when major market players go for long-term contracts with suppliers, it makes them reduces the bargaining power of the suppliers, but this is not the case for small vendors. In addition, the payment by the customer happens only after the installation of the system, so players are required to bear the complete capital investment and operating expenses. This makes it difficult for new players to invest such huge capital without any immediate returns, which may impede the growth of the market during the forecast period.
The electrical train door systems segment will account for a major share of the market's growth during the forecast period.? The market is expected to grow due to the increase in the adoption of high-speed rail networks in countries such as China and Japan. Some of the advantages of adopting an electrical train door system include advanced power electronics and software technology to provide safety, accurate obstruction detection, and simplified installation as well as easy maintenance and inspection.
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The electrical train door systems segment was valued at USD 559.54 million in 2018. Furthermore, the low investment in high-speed rail vehicles in North America is expected to stagnate the growth of the market. Market stagnation can lead to market consolidation. However, the consolidation will provide opportunities for North American manufacturers to grow in an inorganic way, which in turn will bring innovation to the electrical train door systems market in the region. Hence, vendors are offering electrical door systems with advanced power electronics technologies. Therefore, such factors are expected to boost segment growth during the forecast period.
Based on application, the market has been segmented into entrance doors and internal doors. The entrance doors segment will account for the largest share of this segment.? Entrance doors are the main interface between passengers and trains. Advanced access system technology is essential to ensure that these procedures run smoothly, even on crowded trains and in adverse environmental conditions. Faiveley Transport is a global leader in the design, manufacture, and supply of passenger access systems for the railway industry. Some of Faiveley Transport's most popular external door systems include the swing door system, the plug door system, and the sliding door system. Thus, such factors will propel the growth of the entrance doors segment, which, in turn, will drive the growth of the global train door systems market during the forecast period.
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APAC is estimated to contribute 34% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. . Another region offering significant growth opportunities to companies is Europe. The railway is a major medium of transportation in Europe, where several countries are linked to each other through the rail network. Europe has also been a frontrunner in adopting advanced systems for railway transportation. Additionally, as railways form the backbone of transportation in Europe, government support has been a significant contributor to the railway sector.
Furthermore, several countries in Europe are upgrading their railway infrastructure with new advanced safety systems and more efficient monitoring systems. The investments are aimed at introducing new railway networks and developing existing ones. In Western Europe, where railway infrastructure is highly developed, most of the investment is aimed at improving the old railway infrastructure. Hence, such factors are expected to drive market growth in this region during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Ayala Corp., EKE Group, Elmesy Ltd., Fuji Electric Co. Ltd., igus GmbH, IMI Norgren Herion Pvt. Ltd., Ingersoll Rand Inc., Jewers Doors Ltd., Knorr Bremse AG, Meiller Aufzugturen GmbH, Nabtesco Corp., Pars Komponenty, Polarteknik Oy, Schaltbau Holding AG, Siemens AG, Tamware Oy AB, Trovon Group, Ultimate Europe Transportation Equipment GmbH, and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The train door systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Train Door Systems Market Scope |
|
Report Coverage |
Details |
Page number |
164 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.38% |
Market Growth 2024-2028 |
USD 376.65 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.18 |
Regional analysis |
Europe, APAC, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 34% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Ayala Corp., Doorspec Inc., EKE Group, Elmesy Ltd., Fuji Electric Co. Ltd., igus GmbH, IMI Norgren Herion Pvt. Ltd., Ingersoll Rand Inc., Jewers Doors Ltd., Knorr Bremse AG, Meiller Aufzugturen GmbH, Nabtesco Corp., Pars Komponenty, Polarteknik Oy, Schaltbau Holding AG, Siemens AG, Tamware Oy AB, Trovon Group, Ultimate Europe Transportation Equipment GmbH, and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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