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The global rail platform security market size will grow from $1.7 billion in 2019 to $2.3 billion in 2024, with an average annual growth rate (CAGR) of 5% over the forecast period. The security of rail passengers is linked to the security and safety of rail assets such as rail platforms and trains. Minimizing unauthorized access with the help of the control system ensures a high level of security for passengers and items on the platform. Various measures are implemented to limit unauthorized access. These measures include railroad track fences, CCTV installations in high-risk locations, and providing information to risk groups and enhanced supervision. Access control systems play an important role in preventing unauthorized entry as it automates entry and protects critical areas. Moreover, the entry of unauthorized persons and the large number of visitors lead uncontrollable crowds on the railway platform, and the presence of unattended multiple entry points at the station is a security threat. Thus, all of these factors increase the need to minimize the risk of unauthorized access to the platform.
Key Railway Platform Security Market Players
Honeywell
Indra Sistemas
Huawei
Bosch
Atos
FLIR Systems
Axis Communications
Telent
Dahua Technology
Hikvision
STANLEY Access Technology
Wabtec Corporation
L&T Technology Services
Mitsubishi Electric
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The following Segmentation are covered in this report:
By Component
Solutions
Sensors
Platform Edge Doors
Alarm Systems
Surveillance Systems
Services
Managed Services
Professional Services
By Application
Trains
Subway
The report covers the following objectives:
Proliferation and maturation of trade in the global Railway Platform Security Market.
The market share of the global Railway Platform Security Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Railway Platform Security Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Railway Platform Security Market.
Scope of the Report
The research study analyses the global Railway Platform Security industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Geographic Coverage
North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
Key Questions Answered by Railway Platform Security Market Report
What was the Railway Platform Security Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Railway Platform Security Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer/vendor/players in the Railway Platform Security Market was the market leader in 2020?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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