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The Railway Platform Security Market industry is projected to reach USD 4.2 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.40% during the forecast period (2022 - 2030).The factors responsible for the growth of the railway platform security market include rising need to minimize the risk of unauthorized access to platforms and increasing demand for additional support and advanced solutions for security management. Railway passenger security is interlinked with the safety and security of railway assets such as railway platforms and trains. Minimizing unauthorized access with the help of control systems ensures a high level of security for passengers as well as goods at the railway platform.
Several measures are taken to restrict unauthorized access in the form of fencing for railway tracks, installation of CCTVs at high-risk locations, the provision of information to risk groups, and the intensification of supervision. Access control systems play a vital role in preventing unauthorized access by automating entry and exit operations and securing crucial areas. Moreover, the entry of unauthorized persons and a large number of visitors lead to unmanageable crowds on railway platforms with the presence of unmanned multi-entry and exit points at stations that can be vulnerable to security threats; hence, the need to minimize the risk of unauthorized access to platforms has increased. The railway platform security market has been segmented on the basis of component, application, and region. Under the component segment solutions sub-segment is attributed to holding potential growth prospects whereas, among the services sub-segment, managed services are expected to grow significantly during the forecast period.
The Railway Platform Security Market is characterized by the presence of several regional and local providers. Some of the key players in the market are,
On 3rd May 2024, Sensonic successfully integrated CCTV functionality into its Distributed Acoustic Sensing (DAS) system, which is capable of real-time detection and visual identification of trespassers along railway tracks.
May 2023. Japan, on the other hand, announced increased security measures at railway stations ahead of the forthcoming G7 summit that included more security personnel and the installation of advanced surveillance systems.
In April 2024, the UK introduced new security measures at major railway stations, which included the use of sophisticated screening technology and an increased police presence for enhanced passenger safety (Global Railway Review).
In March 2024, Germany is now integrating artificial intelligence into its railway security systems to improve threat detection time and response time in case incidents occur within railway stations.
In February 2024, Indian Railways had already begun deploying intelligent safety solutions such as facial recognition schemes and automated surveillance, among others, in all its train stations across India with a view to making them safer places.
January 2024. Cybersecurity is now a global concern for all railway operators who want to safeguard their passengers from any cyber-attacks that could compromise service delivery or endanger lives on board trains.
In December, 2023. Australia has implemented real-time monitoring systems at the country’s railway stations to detect and respond to security incidents faster.
In January, Alstom took over Bombardier Transportation in order to enhance its position as a leading provider of complete rail systems, including security services.
November 2023: South Africa has begun using drones for surveillance around railway stations to monitor and deter criminal activities
Sensonic, however, ventured into the utilization of digital twins together with Building Information Modelling (BIM) for the betterment of Railway Security by October 2023.
In May 2023, Cylus Ltd released the Rail Tech Security Platform, which monitors and controls rail technology systems, enhancing cyber-security.
October 2023. France responded by increasing patrols by security personnel and intensified checks at railway stations in the wake of recent security threats.
September 2023. Italy is implementing biometrics fingerprint technology to be used for access control and passenger identification, as well as screening at railway stations.
The Railway Platform Security Market has been segmented based on components, applications, and regions.
By component, the market has been segmented into solutions and services. The solution segment covers sensors, alarm systems, and video surveillance systems. The various types of sensors included in the sensors segment are microwave sensors, infrared sensors, fiber optic sensors, radar sensors, and other sensors. The video surveillance systems segment has been further segmented into software and hardware. The hardware segment includes cameras and storage devices, whereas, the software segment includes intelligent video analytics software and video management software. By services, the market has been divided into professional services and managed services.
By application, the market has been segmented into subways and trains.
The regions included in the study are North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.
Geographically, the railway platform security market has been categorized into four regions, namely North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
North America is expected to dominate the railway platform security market with the highest market share, whereas, Asia-Pacific (APAC) is expected to be the fastest-growing region in the railway platform security market due to the increasing adoption of advanced technologies and increasing GDP of Asia-Pacific countries. Also, potential economies in the Asia-Pacific region such as China, Korea, Australia, Singapore, Hong Kong, and India are rapidly investing in the technological transformation which is expected to fuel the growth of the railway platform security market in this region.
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