Global Automatic Turnstiles Market size was valued at US$ 283.45 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 3.4% through 2023 to 2029, reaching nearly US$ 358.20 Mn.Automatic Turnstiles Market Overview:
An automatic turnstile, also known as a baffle gate, is a type of gate that allows just one person to pass at a time. Automatic turnstiles are used to restrict people's movement in one direction. Only persons who insert a pass, a ticket, a coin, or something similar are allowed to pass through an automatic turnstile. Automatic turnstiles are used in places where only paid access is permissible, such as public transportation, pay toilets, metro stations, and so on.To know about the Research Methodology :- Request Free Sample Report
Automatic Turnstiles Market Dynamics:
The key factors that drive the growth of the Automatic Turnstiles market are automatic trains, magnetic levitation trains, and high-speed trains are all getting popular in both developed and developing countries, consumers' disposable income has increased as a result of industrialization, and increasing demand for reduced passengers queuing and reduced travel times for passengers, as well as increased passenger traffic. Automatic turnstiles are mostly found in metro and railway stations. People's lifestyles are changing, and they are spending more on easy transportation. As a result of this Heavy industries are expected to increase their demand for automatic turnstiles market in the forecast period. Other factors driving growth in transportation mediums such as metro stations and airports include an increase in the number of air passengers around the globe, an increase in the working population, and an increase in the middle-class population in emerging countries, all of which have an indirect impact on global market growth. The increasing volatility in the price of raw materials required to manufacture automatic turnstiles, such as steel, is expected to be a major factor hampering the global market's growth in the forecast period.Automatic Turnstiles Market Segment Analysis:
Based on the Product Type, the market is segmented into Optical Turnstile, and Arm Turnstile. Optical Turnstile segment is expected to hold the largest market share of xx% by 2029. Many facility managers want a barrier that is versatile, efficient, and blends in with the surrounding architecture when it comes to keeping building entrances safe, and optical turnstiles are frequently the answer. Unlike typical mechanical turnstiles, optical turnstiles scan ID cards primarily with infrared light beams. Moreover, most optical versions do not physically block unauthorised access unless a gate is closed, and others do not have gates at all instead, they use alarms and flashing lights to alert others of an unauthorised entry. One of the key benefits of optical turnstiles is that they do not physically restrict access, creating an open feel to an entrance and making them compatible with the Americans with Disabilities Act (ADA). Moreover, as they are digital, they are a flexible solution when integrated into a larger access control system. These are the factors which drives the growth of the Optical Turnstile segment in the global market in the forecast period. Based on the Application, the market is segmented into Metro stations, Airport, Bus stations, Stadiums, Amusement parks, Office lobbies, Factories, Power plants, and Casinos. Metro stations and Airports segments are expected to grow rapidly at a CAGR of xx% and xx% during the forecast period 2023-2029. Automatic turnstiles are mostly found in metro and railway stations. People's lifestyles are changing, and they are spending more on easy transportation. As a result of this, Heavy industries are expected to increase their demand for automatic turnstiles market in the forecast period. Metro stations and airports include an increase in the number of air passengers around the globe, an increase in the working population, and an increase in the middle-class population in emerging countries. These are the key factors that drive the growth of the Metro stations and Airports segments in the global market in the forecast period.
Regional Insights:
North America dominates the Global Market during the forecast period 2023-2029. North America is expected to holds the largest market shares of xx% by 2029. In the region, there has been a complete industrialization and mechanization of industry. As the demand for Automatic Turnstiles in the United States is increasing, it is a key market in North America. These are the factors that drive the growth in North America in the global market in the forecast period. Europe is expected to hold the 2nd largest market shares of xx% by 2029. The factor driving the growth in European region in the global market is an increasing demand for automatic turnstiles in the Metro stations, Airport, Bus stations, Stadiums, and others. Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. The increasing industrialization in developing countries such as India and China, which is expected to drive the automatic turnstiles market in the region. Moreover, the region's market is expected to be boosted by increased government initiatives in the transportation sector. The objective of the report is to present a comprehensive analysis of the Global Automatic Turnstiles Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global Automatic Turnstiles Market dynamic, structure by analyzing the market segments and project the Global Automatic Turnstiles Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automatic Turnstiles Market make the report investor’s guide.Automatic Turnstiles Market Scope: Inquire before buying
Automatic Turnstiles Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 3.4% US$ 283.45 Mn US$ 358.20 Mn Segments Covered by Product Optical Turnstile Arm Turnstile by Application Metro stations Airport Bus stations Stadiums Amusement parks Office lobbies Factories Power plants Casinos Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Key Players are:
1. Alvarado Mfg. Co., Inc. 2. Automatic systems 3. COMINFO, a.s. 4. dormakaba Group 5. Gunnebo AB 6. Hayward Turnstiles, Inc. 7. Mikroelektronika spol. s r.o. 8. Turnstar Systems 9. Wanzl Metallwarenfabrik GmbH 10.Royal Boon Edam International B.V. 11.Brosis International 12.Ofort Technologies 13.K. T. Automation 14.Houston Systems Private Limited 15.ASN Services Private Limited 16.OthersFrequently Asked Questions:
1] What segments are covered in Automatic Turnstiles Market report? Ans. The segments covered in Automatic Turnstiles Market report are based on Product Type, and Application. 2] Which region is expected to hold the highest share in the global Automatic Turnstiles Market? Ans. North America is expected to hold the highest share in the global Automatic Turnstiles Market. 3] Who are the top key players in the global Automatic Turnstiles Market? Ans. Alvarado Mfg. Co., Inc., Automatic systems, COMINFO, a.s., dormakaba Group, and Gunnebo AB are the top key players in the global Automatic Turnstiles Market. 4] Which segment holds the largest market share in the global Automatic Turnstiles market by 2029? Ans. Optical Turnstile segment holds the largest market share in the global Automatic Turnstiles market by 2029. 5] What is the market size of the global Automatic Turnstiles market by 2029? Ans. The market size of the global market is US $ 358.20 Mn. by 2029. 6] What was the market size of the Global Automatic Turnstiles market in 2022? Ans. The market size of the Global market was worth US $ 283.45 Mn. in 2022.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automatic Turnstiles Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automatic Turnstiles Market 3.4. Geographical Snapshot of the Automatic Turnstiles Market, By Manufacturer share 4. Global Automatic Turnstiles Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Automatic Turnstiles Market 5. Supply Side and Demand Side Indicators 6. Global Automatic Turnstiles Market Analysis and Forecast, 2022-2029 6.1. Global Automatic Turnstiles Market Size & Y-o-Y Growth Analysis. 7. Global Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.1.1. Optical Turnstile 7.1.2. Arm Turnstile 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Metro stations 7.2.2. Airport 7.2.3. Bus stations 7.2.4. Stadiums 7.2.5. Amusement parks 7.2.6. Office lobbies 7.2.7. Factories 7.2.8. Power plants 7.2.9. Casinos 8. Global Automatic Turnstiles Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 9.1.1. Optical Turnstile 9.1.2. Arm Turnstile 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Metro stations 9.2.2. Airport 9.2.3. Bus stations 9.2.4. Stadiums 9.2.5. Amusement parks 9.2.6. Office lobbies 9.2.7. Factories 9.2.8. Power plants 9.2.9. Casinos 10. North America Automatic Turnstiles Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Automatic Turnstiles Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Automatic Turnstiles Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Crushing and Screening Systems Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Automatic Turnstiles Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Automatic Turnstiles Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Automatic Turnstiles Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automatic Turnstiles Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Alvarado Mfg. Co., Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Automatic systems 45.3.3. COMINFO, a.s. 45.3.4. dormakaba Group 45.3.5. Gunnebo AB 45.3.6. Hayward Turnstiles, Inc. 45.3.7. Mikroelektronika spol. s r.o. 45.3.8. Turnstar Systems 45.3.9. Wanzl Metallwarenfabrik GmbH 45.3.10. Royal Boon Edam International B.V. 45.3.11. Brosis International 45.3.12. Ofort Technologies 45.3.13. K. T. Automation 45.3.14. Houston Systems Private Limited 45.3.15. ASN Services Private Limited 45.3.16. Others 46. Primary Key Insights