Market Overview:
The global face recognition turnstile market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for security and safety measures across various applications such as office buildings, airports, schools, construction sites, and others. Additionally, the increasing adoption of face recognition technology in various industries is also contributing to the growth of the global face recognition turnstile market. However, lack of awareness about benefits offered by face recognition technology may restrain the growth of this market during the forecast period.
Product Definition:
A face recognition turnstile is a security device that uses facial recognition software to identify authorized individuals and prevent unauthorized access. The importance of face recognition turnstiles is that they provide an extra layer of security for buildings, facilities, and other areas where access control is necessary.
Swing Gate:
Swing gates are used in face recognition turnstiles for verification of the identity of a person. They are widely used across various sectors such as defense, law enforcement, and commercial industries owing to their benefits such as high accuracy and reliability. The technology is gaining popularity among retailers for security purposes.
The Face Recognition Technology market has witnessed significant growth over the past few years due to its wide adoption by law enforcement agencies worldwide coupled with technological advancements in this field.
Wing Gate:
The wing gate is a passive optical technology that utilizes infrared light to identify the face and compare it with images stored in the system. It works on the principle of facial recognition by analyzing features of an image. The main components involved in this process are an optical sensor, LED, and camera which work together to provide information about the identity of a person using a turnstile.
Application Insights:
The market is segmented by application into office buildings, airports, schools, construction sites and others. The office buildings segment dominated the global face recognition turnstile market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to growing security concerns among companies regarding illegal entry of employees or visitors. Furthermore,Face Recognition Systems (FRS) provide an easy way for identifying known individuals on site who trespass or unlawfully enter an organization¢â‚¬â„¢s premises which further boosts product demand globally.
The airport segment is expected to witness significant growth over the forecast period owing to surging air travelers across various regions including North America and Europe Pacific where FRT systems are being installed at major airports worldwide as a part of pre-check in facilities for airline passengers before they board their flight bound for their destination countries/areas.
Regional Analysis:
North America dominated the global face recognition turnstile market in 2017. This can be attributed to the high adoption of biometric technologies, increasing government initiatives, and presence of key companies in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising government initiatives for implementation of advanced security systems across various sectors including transportation facilities and offices buildings. The growing number of construction sites coupled with stringent regulations for access control is also anticipated boost regional growth over the next eight years.
Growth Factors:
- Increasing demand for security and safety measures in airports, railway stations, and other public places
- Growing adoption of face recognition technology by law enforcement agencies for identification and tracking purposes
- Rising demand for automated attendance systems in educational institutions and workplaces
- Proliferation of connected devices and the Internet of Things (IoT) that can be used to deploy face recognition-based authentication solutions
- Advances in artificial intelligence (AI) that are making facial recognition technology more accurate and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Face Recognition Turnstile Market Research Report
By Type
Swing Gate, Wing Gate, Three Roller Gate, Others
By Application
Office Buildings, Airports, Schools, Construction Sites, Others
By Companies
Yitu, Megvii, SenseTime, Hikvision, BioID, Idemia, M2SYS, Colosseo, Taisau, ZKTeco, Warmnut, Zhongcheng Technology, Door Intelligent Control, Yusong Technology, Xunxin Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Face Recognition Turnstile Market Report Segments:
The global Face Recognition Turnstile market is segmented on the basis of:
Types
Swing Gate, Wing Gate, Three Roller Gate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Office Buildings, Airports, Schools, Construction Sites, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yitu
- Megvii
- SenseTime
- Hikvision
- BioID
- Idemia
- M2SYS
- Colosseo
- Taisau
- ZKTeco
- Warmnut
- Zhongcheng Technology
- Door Intelligent Control
- Yusong Technology
- Xunxin Technology
Highlights of The Face Recognition Turnstile Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Swing Gate
- Wing Gate
- Three Roller Gate
- Others
- By Application:
- Office Buildings
- Airports
- Schools
- Construction Sites
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Face Recognition Turnstile Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A face recognition turnstile is a security device that uses facial recognition technology to allow people through a gate or door.
Some of the major players in the face recognition turnstile market are Yitu, Megvii, SenseTime, Hikvision, BioID, Idemia, M2SYS, Colosseo, Taisau, ZKTeco, Warmnut, Zhongcheng Technology, Door Intelligent Control, Yusong Technology, Xunxin Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Face Recognition Turnstile Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Face Recognition Turnstile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Face Recognition Turnstile Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Face Recognition Turnstile Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Face Recognition Turnstile Market Size & Forecast, 2018-2028
4.5.1 Face Recognition Turnstile Market Size and Y-o-Y Growth
4.5.2 Face Recognition Turnstile Market Absolute $ Opportunity
Chapter 5 Global Face Recognition Turnstile Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Face Recognition Turnstile Market Size Forecast by Type
5.2.1 Swing Gate
5.2.2 Wing Gate
5.2.3 Three Roller Gate
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Face Recognition Turnstile Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Face Recognition Turnstile Market Size Forecast by Applications
6.2.1 Office Buildings
6.2.2 Airports
6.2.3 Schools
6.2.4 Construction Sites
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Face Recognition Turnstile Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Face Recognition Turnstile Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Face Recognition Turnstile Analysis and Forecast
9.1 Introduction
9.2 North America Face Recognition Turnstile Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Face Recognition Turnstile Market Size Forecast by Type
9.6.1 Swing Gate
9.6.2 Wing Gate
9.6.3 Three Roller Gate
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Face Recognition Turnstile Market Size Forecast by Applications
9.10.1 Office Buildings
9.10.2 Airports
9.10.3 Schools
9.10.4 Construction Sites
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Face Recognition Turnstile Analysis and Forecast
10.1 Introduction
10.2 Europe Face Recognition Turnstile Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Face Recognition Turnstile Market Size Forecast by Type
10.6.1 Swing Gate
10.6.2 Wing Gate
10.6.3 Three Roller Gate
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Face Recognition Turnstile Market Size Forecast by Applications
10.10.1 Office Buildings
10.10.2 Airports
10.10.3 Schools
10.10.4 Construction Sites
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Face Recognition Turnstile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Face Recognition Turnstile Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Face Recognition Turnstile Market Size Forecast by Type
11.6.1 Swing Gate
11.6.2 Wing Gate
11.6.3 Three Roller Gate
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Face Recognition Turnstile Market Size Forecast by Applications
11.10.1 Office Buildings
11.10.2 Airports
11.10.3 Schools
11.10.4 Construction Sites
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Face Recognition Turnstile Analysis and Forecast
12.1 Introduction
12.2 Latin America Face Recognition Turnstile Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Face Recognition Turnstile Market Size Forecast by Type
12.6.1 Swing Gate
12.6.2 Wing Gate
12.6.3 Three Roller Gate
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Face Recognition Turnstile Market Size Forecast by Applications
12.10.1 Office Buildings
12.10.2 Airports
12.10.3 Schools
12.10.4 Construction Sites
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Face Recognition Turnstile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Face Recognition Turnstile Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Face Recognition Turnstile Market Size Forecast by Type
13.6.1 Swing Gate
13.6.2 Wing Gate
13.6.3 Three Roller Gate
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Face Recognition Turnstile Market Size Forecast by Applications
13.10.1 Office Buildings
13.10.2 Airports
13.10.3 Schools
13.10.4 Construction Sites
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Face Recognition Turnstile Market: Competitive Dashboard
14.2 Global Face Recognition Turnstile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yitu
14.3.2 Megvii
14.3.3 SenseTime
14.3.4 Hikvision
14.3.5 BioID
14.3.6 Idemia
14.3.7 M2SYS
14.3.8 Colosseo
14.3.9 Taisau
14.3.10 ZKTeco
14.3.11 Warmnut
14.3.12 Zhongcheng Technology
14.3.13 Door Intelligent Control
14.3.14 Yusong Technology
14.3.15 Xunxin Technology
