Market Overview:
The global metro turnstile market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for replacement and new applications across different regions. Additionally, the growing adoption of advanced technologies such as optical turnstiles is also contributing to the growth of this market. Based on type, the global metro turnstile market can be segmented into optical turnstiles and arm turnstiles. Optical turnstiles are witnessing a higher demand due to their features such as high security and easy operation.
Product Definition:
A metro turnstile is a gate that allows passengers to enter or exit a subway system. Metro turnstiles are important because they help control the flow of passengers into and out of the subway system, which helps keep things moving efficiently.
Optical Turnstile:
An optical turnstile is a device used for controlling the flow of people in a station or a city-platform. It works on the principle of detecting the presence and position of individuals by using cameras, sensors or LED lights.
Arm Turnstile:
An arm turnstile is a device used to provide access control at metro or rapid transit stations. It consists of an arm, which can be lowered to allow passengers to pass through the station. The mechanism is activated by an electric motor, which is operated by a switch located at the entrance of the station.
The global market for Arm Turnstiles.
Application Insights:
The replacement application segment dominated the global market in 2017. The growth can be attributed to the increasing use of metro turnstiles across various applications including railway stations, airports, sports arenas and museums. For instance, there are over 1.50 million magnetic card users at Tokyo¢â‚¬â„¢s Haneda Airport who utilize this facility daily to enter and exit through Airside expressway access gate D2B/D3 which is a significant factor contributing towards the overall growth of the market in Japan.
In addition, new construction projects such as Guangzhou-Hong Kong Intercity Railway (Ghaulu Kowloon) which is expected to open by 2019 will increase passenger flow into Hong Kong International Airport Ltd., thus driving demand for metro turnstiles across all major airports globally over the forecast period thereby propelling industry expansion further down the road.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to various factors such as increasing government initiatives for metro safety, growing population and rising concerns about security. For instance, in 2015, the Government of Canada announced a plan for replacing all mechanical turnstiles with high-speed turnstiles by 2025. High-speed turnstile allows passengers to pass through quickly and with less wait time while ensuring maximum passenger safety. In addition, according to statistics published by Transport Canada in 2016; more than 6 million people use metro systems daily on average across the country’s urban areas (excluding aboriginal communities).
Asia Pacific is anticipated to emerge as one of the most promising regions during the forecast period owing its rapid growth mainly driven by China.
Growth Factors:
- Increasing demand for automated fare collection systems in public transportation sector
- Rising adoption of contactless smart cards and mobile payments
- Proliferation of transit-oriented development (TOD) projects across the globe
- Growing need for security and safety in mass transit systems
- Emerging trend of multimodal transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Metro Turnstile Market Research Report
By Type
Optical Turnstile, Arm Turnstile
By Application
Replacement, New
By Companies
Axess, Boon Edam, Cominfo, Gunnebo, Hayward Turnstiles, Kaba Gallenschuetz, Kad, Alvarado, Automatic Systems, Turnstar Systems, Wanzl, Turnstar
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Metro Turnstile Market Report Segments:
The global Metro Turnstile market is segmented on the basis of:
Types
Optical Turnstile, Arm Turnstile
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
Replacement, New
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:
- Axess
- Boon Edam
- Cominfo
- Gunnebo
- Hayward Turnstiles
- Kaba Gallenschuetz
- Kad
- Alvarado
- Automatic Systems
- Turnstar Systems
- Wanzl
- Turnstar
Highlights of The Metro 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:
- Optical Turnstile
- Arm Turnstile
- By Application:
- Replacement
- New
- 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 Metro 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
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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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?
Metro Turnstiles are a type of fare gate that allow passengers to enter and exit the Metro system using a single ticket.
Some of the key players operating in the metro turnstile market are Axess, Boon Edam, Cominfo, Gunnebo, Hayward Turnstiles, Kaba Gallenschuetz, Kad, Alvarado, Automatic Systems, Turnstar Systems, Wanzl, Turnstar.
The metro turnstile market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metro 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 Metro Turnstile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metro 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 Metro 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 Metro Turnstile Market Size & Forecast, 2018-2028
4.5.1 Metro Turnstile Market Size and Y-o-Y Growth
4.5.2 Metro Turnstile Market Absolute $ Opportunity
Chapter 5 Global Metro 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 Metro Turnstile Market Size Forecast by Type
5.2.1 Optical Turnstile
5.2.2 Arm Turnstile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metro 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 Metro Turnstile Market Size Forecast by Applications
6.2.1 Replacement
6.2.2 New
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metro 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 Metro 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 Metro Turnstile Analysis and Forecast
9.1 Introduction
9.2 North America Metro 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 Metro Turnstile Market Size Forecast by Type
9.6.1 Optical Turnstile
9.6.2 Arm Turnstile
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 Metro Turnstile Market Size Forecast by Applications
9.10.1 Replacement
9.10.2 New
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 Metro Turnstile Analysis and Forecast
10.1 Introduction
10.2 Europe Metro 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 Metro Turnstile Market Size Forecast by Type
10.6.1 Optical Turnstile
10.6.2 Arm Turnstile
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 Metro Turnstile Market Size Forecast by Applications
10.10.1 Replacement
10.10.2 New
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 Metro Turnstile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metro 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 Metro Turnstile Market Size Forecast by Type
11.6.1 Optical Turnstile
11.6.2 Arm Turnstile
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 Metro Turnstile Market Size Forecast by Applications
11.10.1 Replacement
11.10.2 New
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 Metro Turnstile Analysis and Forecast
12.1 Introduction
12.2 Latin America Metro 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 Metro Turnstile Market Size Forecast by Type
12.6.1 Optical Turnstile
12.6.2 Arm Turnstile
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 Metro Turnstile Market Size Forecast by Applications
12.10.1 Replacement
12.10.2 New
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) Metro Turnstile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metro 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) Metro Turnstile Market Size Forecast by Type
13.6.1 Optical Turnstile
13.6.2 Arm Turnstile
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) Metro Turnstile Market Size Forecast by Applications
13.10.1 Replacement
13.10.2 New
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 Metro Turnstile Market: Competitive Dashboard
14.2 Global Metro Turnstile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Axess
14.3.2 Boon Edam
14.3.3 Cominfo
14.3.4 Gunnebo
14.3.5 Hayward Turnstiles
14.3.6 Kaba Gallenschuetz
14.3.7 Kad
14.3.8 Alvarado
14.3.9 Automatic Systems
14.3.10 Turnstar Systems
14.3.11 Wanzl
14.3.12 Turnstar
