Market Overview:
The global ticket turnstile market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated security systems across various end-use industries. Additionally, the growing adoption of smart ticketing systems is also contributing to the growth of this market. The global ticket turnstile market can be segmented on the basis of type into optical turnstiles and arm turnstiles. Optical turnstiles are expected to account for a larger share in this market than arm turnstiles during the forecast period owing to their high efficiency and low maintenance requirements.
Product Definition:
A ticket turnstile is a type of gate that allows one person to pass at a time, typically used to control the flow of people into and out of an event or venue. The importance of ticket turnstiles is that they help manage the flow of people into and out of an event or venue, which can help keep things organized and ensure that everyone has a chance to enter.
Optical Turnstile:
An optical turnstile is a device used for controlling the flow of people in a station, airport or other public place. It is an all-in-one solution that comprises of control panels, sensors and turnstiles. The optical turnstile has replaceable cartridges containing software and hardware components. These cartridges can be changed according to the need as per customer requirement which helps in providing flexibility to the end users along with cost reduction on maintenance.
Arm Turnstile:
The arm turnstile is a device used to allow passengers to enter or exit a station without having to use the main gate. It consists of an arm that can be lowered from the ceiling and blocked entry or exit of a station. The passenger uses an automated ticketing machine, which is mounted on top of the arm, for entering or exiting the station.
It’s primary function in life is security purpose but it also serves many other purposes such as customer convenience.
Application Insights:
The indoor application segment dominated the global ticket turnstile market in 2017 and is expected to continue its dominance over the forecast period. Increasing use of advanced security technologies such as facial recognition at theaters, sports arenas and music concerts has led to an increase in revenue generated by these applications.
Outdoor applications include major sporting events including rugby, tennis and cricket where maximum number of spectators gather to watch the game live. The increasing popularity of outdoor activities due to rise in disposable income among consumers coupled with governments¢â‚¬â„¢ efforts for promoting tourism is anticipated to drive demand for global ticket turnstiles over the forecast period. In addition, growing use of mobile tickets owing to ease of access from remote locations will further boost industry growth over the coming years.
Regional Analysis:
North America dominated the global ticket turnstile market in 2017. The region is expected to maintain its dominance over the forecast period as well owing to factors such as high spending power, rising number of sports events and concerts, and increasing adoption of digital payment methods. Moreover, government initiatives are also encouraging people to use alternative modes of payments for tickets including mobile apps and e-ticketing systems. For instance, in 2015 when Ticketmaster filed for bankruptcy protection in the U.S.
Growth Factors:
- Increasing demand for event tickets: The global ticketing market is expected to grow at a CAGR of 9.5% from 2016 to 2020, reaching a value of .5 billion by 2020. This growth can be attributed to the increasing demand for event tickets, especially in the sports and entertainment sectors.
- Technological advancements: Ticketing companies are increasingly adopting new technologies such as mobile ticketing and RFID-based systems to improve the customer experience and reduce frauds/theft. This is helping to drive the growth of the ticket turnstile market.
- Rising adoption of cloud-based solutions: Cloud-based solutions offer several advantages such as scalability, flexibility, and cost efficiency over traditional on-premise software solutions. This is resulting in an increase in adoption of cloud-based ticketing systems by various organizations, thereby driving the growth of the ticket turnstile market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ticket Turnstile Market Research Report
By Type
Optical Turnstile, Arm Turnstile
By Application
Outdoor, Indoor
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Ticket Turnstile Market Report Segments:
The global Ticket 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
Outdoor, Indoor
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 Ticket 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:
- Outdoor
- Indoor
- 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 Ticket 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.
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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 ticket turnstile is a security device at an entrance to a public place, such as a stadium or amusement park, that allows only authorized individuals access. The individual must have either a valid ticket or an identification card that proves they are authorized to be in the area.
Some of the key players operating in the ticket turnstile market are Axess, Boon Edam, Cominfo, Gunnebo, Hayward Turnstiles, Kaba Gallenschuetz, Kad, Alvarado, Automatic Systems, Turnstar Systems, Wanzl, Turnstar.
The ticket turnstile market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ticket 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 Ticket Turnstile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ticket 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 Ticket 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 Ticket Turnstile Market Size & Forecast, 2018-2028
4.5.1 Ticket Turnstile Market Size and Y-o-Y Growth
4.5.2 Ticket Turnstile Market Absolute $ Opportunity
Chapter 5 Global Ticket 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 Ticket 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 Ticket 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 Ticket Turnstile Market Size Forecast by Applications
6.2.1 Outdoor
6.2.2 Indoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ticket 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 Ticket 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 Ticket Turnstile Analysis and Forecast
9.1 Introduction
9.2 North America Ticket 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 Ticket 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 Ticket Turnstile Market Size Forecast by Applications
9.10.1 Outdoor
9.10.2 Indoor
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 Ticket Turnstile Analysis and Forecast
10.1 Introduction
10.2 Europe Ticket 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 Ticket 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 Ticket Turnstile Market Size Forecast by Applications
10.10.1 Outdoor
10.10.2 Indoor
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 Ticket Turnstile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ticket 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 Ticket 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 Ticket Turnstile Market Size Forecast by Applications
11.10.1 Outdoor
11.10.2 Indoor
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 Ticket Turnstile Analysis and Forecast
12.1 Introduction
12.2 Latin America Ticket 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 Ticket 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 Ticket Turnstile Market Size Forecast by Applications
12.10.1 Outdoor
12.10.2 Indoor
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) Ticket Turnstile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ticket 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) Ticket 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) Ticket Turnstile Market Size Forecast by Applications
13.10.1 Outdoor
13.10.2 Indoor
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 Ticket Turnstile Market: Competitive Dashboard
14.2 Global Ticket 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
