The global railway platform security market size is anticipated to reach over USD 2,700 Million by 2025. The growth rate is expected to be nearly 6% over the forecast period 2018-2025. The railway platform security solutions help in detecting and managing the activities happening on the platform premises in real-time. The security solutions comprise numerous hardware and software systems that further include surveillance systems and sensors. The sensors encompass fiber optic sensors, microwave sensors, radar sensors, and others. On the other hand, surveillance systems comprise analytics software and devices such as cameras and storage devices.

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This can be attributed to the need to eliminate the unauthorized entries on railway platforms. Also, the growing need for advanced security management solutions is boosting the global Railway Platform Security market growth. Moreover, increasing the need to enhance platform security due to growing cases of suicides is also driving the market growth.
Railway has been one of the most secure and efficient modes of transport and a large number of individuals prefer railways for traveling as it’s cost-effective. However, for the last few decades, incidents such as suicides, theft, and terrorist attacks have risen significantly due to inefficiency in managing a large number of travelers. Hence, the demand for railway platform security has significantly risen in the past few years. Moreover, the railway platform securities solutions further help in enhancing railway management systems and other operational efficiencies. Therefore, such factors combined driving the adoption of platform security solutions among railway organizations globally.

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The Asia-Pacific region accounted for the major market share in the year 2019 and it is expected to keep its position throughout the forecast period 2018-2025. The dominance of this region is mainly attributed to the increasing deployment of numerous projects for the railway modernization and smart transportation in this region.
The major players of the global railway platform security market are Axis Communications AB, FLIR Systems, Honeywell International, Atos SE, Robert Bosch GmbH, Hangzhou Hikvision Digital Technology, Indra Sistemas, Mitsubishi Electric, L&T Technology Services, and Stanley Black & Decker. Moreover, the other prospective players in the railway platform security market are Wabtec, Senstar, Dahua Technology Co., Genetec, and Avnet. The recognized companies are coming up with innovative and new railway platform security solutions. The railway platform security market comprises well established local as well as global players. In addition, the already recognized market players are coming up with new innovative services and solutions to stay competitive in the global market.

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Segment Overview of Global Railway Platform Security Market
Component Overview, 2018-2025 (USD Million)
Solutions
Sensors
Platform Edge Doors
Alarm Systems
Surveillance Systems
Services
Managed Services
Professional Services
Application Overview, 2018-2025 (USD Million)
Trains
Subway
Regional Overview, 2018-2025 (USD Million)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America

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