Train door systems market 2023-2027: A descriptive analysis of five forces model, market dynamics, and segmentation- Technavio

NEW YORK, Feb. 7, 2023 /PRNewswire/ — According to Technavio, the global train door systems market size is estimated to grow by USD 2,183.95 million from 2023 to 2027. The market is estimated to grow at a CAGR of almost 4.9% during the forecast period. APAC will account for the largest share of the global market during the forecast period.

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Technavio has announced its latest market research report titled Global Train Door Systems Market 2023-2027

Global train door systems market – Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

Bargaining power of buyers 
The threat of new entrants
Threat of rivalry
Bargaining power of suppliers
Threat of substitutes
Interpretation of porter’s five models helps to strategize the business, for entire details – buy the report!

Global train door systems market – Customer Landscape 

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global train door systems market – Segmentation Assessment

Segment Overview
Technavio has segmented the market based on products (Electrical train door systems, Pneumatic train door systems, and Manual train door systems), and applications (Entrance doors and Internal doors).

The electrical train door systems segment will account for a significant share of the global market during the forecast period.  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. Therefore, factors like these are expected to boost segment growth during the forecast period.

Geography Overview
By geography, the global train door systems market is segmented into Europe, APAC, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global train door systems market.

APAC is estimated to account for 38% of the growth of the global market during the forecast period. Another region offering significant growth opportunities to vendors in Europe. 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. Therefore, this will raise the demand for train door systems in Europe during the forecast period. 

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Global train door systems market – Market Dynamics
Key factor driving market growth

The need for upgradation and modernization of railway infrastructure is notably driving the market growth. 
The continuous use of railways and the demand for improved services by customers have increased the need for new infrastructure. Hence, many railway operators are undertaking upgrade and modernization activities for their railway infrastructure.
These activities are not only aimed at replacing old assets with new ones but also adding new systems with improved safety features and monitoring facilities.
Therefore, the modernization of the railway network offers opportunities to the vendors in the market as end-users involved in modernization and upgrades are aiming to install more advanced systems.
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 global market in focus during the forecast period.

Leading trends influencing the market 

The rise in the use of automation and IoT in railways is an emerging trend in the market. 
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.
The railway industry of the future is expected to rely on these smart transportation systems that leverage a combination of technology, planning, and greater intelligence to harness data, which will be used to provide better service and safer travel.
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 system, signaling, communications, and ticketing sectors are also using this technology. Hence, such factors will boost the growth of the global market during the forecast period.

Major challenges hindering the market growth

The high entry barriers are major challenges impeding the market. 
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.
When big 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.
Moreover, the payment by the customer happens only after the installation of the system, so vendors are required to bear the complete capital investment and operating expenses.
This makes it difficult for a new vendor to invest such huge capital without any immediate returns, which may restrain the growth of the global market in focus during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this train door systems market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the train door systems market between 2023 and 2027
Precise estimation of the size of the train door systems market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the train door systems market across Europe, APAC, North America, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of train door systems market vendors

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Train Door Systems Market Scope

Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.9%

Market growth 2023-2027

USD 2,183.95 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.7

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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.

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.

Table of contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis 

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027 

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global train door systems market 2017 – 2021 

Exhibit 18: Historic Market Size – Data Table on Global train door systems market 2017 – 2021 ($ million)

4.2 Product Segment Analysis 2017 – 2021 

Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)

4.3 Application Segment Analysis 2017 – 2021 

Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

4.4 Geography Segment Analysis 2017 – 2021 

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

4.5 Country Segment Analysis 2017 – 2021 

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

5.2 Bargaining power of buyers 

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers 

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants 

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes 

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 30: Chart on Product – Market share 2022-2027 (%)
Exhibit 31: Data Table on Product – Market share 2022-2027 (%)

6.2 Comparison by Product 

Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product

6.3 Electrical train door systems – Market size and forecast 2022-2027 

Exhibit 34: Chart on Electrical train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Electrical train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Electrical train door systems – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Electrical train door systems – Year-over-year growth 2022-2027 (%)

6.4 Pneumatic train door systems – Market size and forecast 2022-2027 

Exhibit 38: Chart on Pneumatic train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Pneumatic train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Pneumatic train door systems – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Pneumatic train door systems – Year-over-year growth 2022-2027 (%)

6.5 Manual train door systems – Market size and forecast 2022-2027 

Exhibit 42: Chart on Manual train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Manual train door systems – Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Manual train door systems – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Manual train door systems – Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product 

Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments

Exhibit 47: Chart on Application – Market share 2022-2027 (%)
Exhibit 48: Data Table on Application – Market share 2022-2027 (%)

7.2 Comparison by Application 

Exhibit 49: Chart on Comparison by Application
Exhibit 50: Data Table on Comparison by Application

7.3 Entrance doors – Market size and forecast 2022-2027 

Exhibit 51: Chart on Entrance doors – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Entrance doors – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Entrance doors – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Entrance doors – Year-over-year growth 2022-2027 (%)

7.4 Internal doors – Market size and forecast 2022-2027 

Exhibit 55: Chart on Internal doors – Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Internal doors – Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Internal doors – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Internal doors – Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Application 

Exhibit 59: Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview 

Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation 

Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison 

Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison

9.3 Europe – Market size and forecast 2022-2027 

Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.4 APAC – Market size and forecast 2022-2027 

Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.5 North America – Market size and forecast 2022-2027 

Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.6 South America – Market size and forecast 2022-2027 

Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa – Market size and forecast 2022-2027 

Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.8 US – Market size and forecast 2022-2027 

Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

9.9 Germany – Market size and forecast 2022-2027 

Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)

9.10 China – Market size and forecast 2022-2027 

Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

9.11 UK – Market size and forecast 2022-2027 

Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)

9.12 Japan – Market size and forecast 2022-2027 

Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography 

Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges 

Exhibit 106: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 108: Overview on factors of disruption

11.4 Industry risks

Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 110: Vendors covered

12.2 Market positioning of vendors 

Exhibit 111: Matrix on vendor position and classification

12.3 Doorspec Inc.

Exhibit 112: Doorspec Inc. – Overview
Exhibit 113: Doorspec Inc. – Product / Service
Exhibit 114: Doorspec Inc. – Key offerings

12.4 Elmesy Ltd.

Exhibit 115: Elmesy Ltd. – Overview
Exhibit 116: Elmesy Ltd. – Product / Service
Exhibit 117: Elmesy Ltd. – Key offerings

12.5 Fuji Electric Co. Ltd. 

Exhibit 118: Fuji Electric Co. Ltd. – Overview
Exhibit 119: Fuji Electric Co. Ltd. – Business segments
Exhibit 120: Fuji Electric Co. Ltd. – Key offerings
Exhibit 121: Fuji Electric Co. Ltd. – Segment focus

12.6 igus GmbH

Exhibit 122: igus GmbH – Overview
Exhibit 123: igus GmbH – Product / Service
Exhibit 124: igus GmbH – Key offerings

12.7 Imfuyo

Exhibit 125: Imfuyo – Overview
Exhibit 126: Imfuyo – Product / Service
Exhibit 127: Imfuyo – Key offerings

12.8 IMI Norgren Herion Pvt. Ltd. 

Exhibit 128: IMI Norgren Herion Pvt. Ltd. – Overview
Exhibit 129: IMI Norgren Herion Pvt. Ltd. – Product / Service
Exhibit 130: IMI Norgren Herion Pvt. Ltd. – Key offerings

12.9 Kalsi Automatic Door System 

Exhibit 131: Kalsi Automatic Door System – Overview
Exhibit 132: Kalsi Automatic Door System – Product / Service
Exhibit 133: Kalsi Automatic Door System – Key offerings

12.10 Knorr Bremse AG

Exhibit 134: Knorr Bremse AG – Overview
Exhibit 135: Knorr Bremse AG – Business segments
Exhibit 136: Knorr Bremse AG – Key news
Exhibit 137: Knorr Bremse AG – Key offerings
Exhibit 138: Knorr Bremse AG – Segment focus

12.11 Meiller Aufzugturen GmbH 

Exhibit 139: Meiller Aufzugturen GmbH – Overview
Exhibit 140: Meiller Aufzugturen GmbH – Product / Service
Exhibit 141: Meiller Aufzugturen GmbH – Key offerings

12.12 Nabtesco Corp

Exhibit 142: Nabtesco Corp – Overview
Exhibit 143: Nabtesco Corp – Business segments
Exhibit 144: Nabtesco Corp – Key offerings
Exhibit 145: Nabtesco Corp – Segment focus

12.13 Pars Komponenty

Exhibit 146: Pars Komponenty – Overview
Exhibit 147: Pars Komponenty – Product / Service
Exhibit 148: Pars Komponenty – Key offerings

12.14 Polarteknik Oy

Exhibit 149: Polarteknik Oy – Overview
Exhibit 150: Polarteknik Oy – Product / Service
Exhibit 151: Polarteknik Oy – Key offerings

12.15 Schaltbau Holding AG

Exhibit 152: Schaltbau Holding AG – Overview
Exhibit 153: Schaltbau Holding AG – Business segments
Exhibit 154: Schaltbau Holding AG – Key offerings
Exhibit 155: Schaltbau Holding AG – Segment focus

12.16 Ultimate Europe Transportation Equipment GmbH 

Exhibit 156: Ultimate Europe Transportation Equipment GmbH – Overview
Exhibit 157: Ultimate Europe Transportation Equipment GmbH – Product / Service
Exhibit 158: Ultimate Europe Transportation Equipment GmbH – Key offerings

12.17 Westinghouse Air Brake 

Exhibit 159: Westinghouse Air Brake – Overview
Exhibit 160: Westinghouse Air Brake – Business segments
Exhibit 161: Westinghouse Air Brake – Key news
Exhibit 162: Westinghouse Air Brake – Key offerings
Exhibit 163: Westinghouse Air Brake – Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist 

Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist

13.3 Currency conversion rates for US$ 

Exhibit 166: Currency conversion rates for US$

13.4 Research methodology

Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources

13.5 List of abbreviations 

Exhibit 170: List of abbreviations

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