The research study covers the present scenario and growth prospects of the global train door systems market for 2017-2021. The market is segmented based on the type of power systems (electrical, pneumatic, and manual) and geography (EMEA, the Americas, and APAC).
The demand for the global train door systems market will fluctuate with the demand for the global rolling stock market and the global rail market because the train door systems market is completely dependent on both the markets. Economic growth, increasing population, and higher disposable income are the other macroeconomic factors that will trigger the growth of the global train door systems market. Also, the global rail supply market is expected to grow across all the regions in the world. The growth in rail supply will also promote the market for train door systems throughout the globe.
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Technavio transportation and logistics research analysts highlight the following three factors that are contributing to the growth of the global train door systems market:
- Growing rail passenger traffic
- Growing global rolling stock market
- Use of PPP model and government investments in railway infrastructure in APAC
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Growing rail passenger traffic
The global rail passenger traffic has been increasing from 2011; the upward trend is expected to continue in the future. Railway infrastructure development and the implementation of the high-speed network is making rail transportation a sophisticated mode of transportation, making it preferable to other modes. Because of the increasing population and growing urbanization, developing countries have comparatively higher passenger rail traffic growth. The increasing passenger rail traffic has led to the expansion of passenger rail line networks in developing countries.
Sharan Raj, a lead logistics research analyst at Technavio, says, “Train door system vendors worldwide are also expected to benefit from this passenger rail line network expansion due to the increasing global rail passenger traffic. As safety, security, and sustainability are the fundamental values of the railway system; the focus will be more on proper entrance or door systems, secure toilet door systems, and comfortable internal door systems. APAC shows a higher demand for manual door systems and pneumatic door systems, whereas Europe and South America show a higher demand for electrical door systems.”
Growing global rolling stock market
Rolling stock includes rapid transit vehicles such as high-speed trains and light rail vehicles, railroad cars like passenger coaches, and locomotives for the movement of passenger coaches. The growth of these types of rolling stock will simultaneously increase the demand for door systems such as external door systems, operator cabinet door systems or cab door systems, internal door systems, and toilet door systems. The demand for electrical train door systems is expected to dominate the other types of train door systems, and this will strengthen the growth of the global train door systems market during the forecast period.
“European countries such as Germany, France, and Italy are expected to witness a higher demand for electrical door systems because they are the key hubs for major high-speed rail body manufacturers such as Alstom, Siemens, and Stadler. In APAC, China and Japan, which operated the highest and third highest number of high-speed trains in 2016, are also projecting a high demand for electrical train door systems,” adds Sharan.
Growing use of PPP model and government investments in railway infrastructure in APAC
The cooperative arrangement between the government and the private players in railway infrastructure is increasing globally. In spite of such public private partnerships (PPP), government authorities worldwide are increasing the investments in railway infrastructure to encourage other modes of public transportation for reducing road traffic congestion. In APAC, the need for rail infrastructure development, particularly in China, India, and Indonesia, is promoting the growth of PPP and government investment in rail infrastructure.
Most of the countries in APAC are planning for investment in rail infrastructure. The investment structure is not only focused on metro or urban areas but also in rural railway development. All the rail infrastructure 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. Many door system manufacturers are expanding their footprint to APAC to grab the market opportunities.
- Schaltbau Holding
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