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Global Transportation Turnstiles Market 2019-2023

  • Published: Nov 2018
  • Pages: 124
  • SKU: IRTNTR30227
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The global transportation turnstiles market size will grow by over USD 124.1 million by 2023. This industry research report provides a detailed analysis of the market by application (metro station, airport, and bus station), and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several transportation turnstile manufacturers including Gunnebo, Mikroelektronika, Turnstar Systems, and Wanzl Metallwarenfabrik.

Some of the key findings from our transportation turnstiles market forecast report are summarized below

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Global transportation turnstiles industry outlook

Although the airline industry is facing the challenge of high jet fuel prices since 2016, the growth in the number of air passengers is offsetting this rise in fuel prices. The revenue generated from air passengers increased by USD 36 billion in 2017. During the next five years, the global air passenger traffic is expected to grow at a CAGR of around 4%. Some of the major factors responsible for the growth in air passengers is the rising global working population and the growing middle-class population in emerging countries. Several regional airlines are offering low fare services, seasonal discounts and frequent flyer discounts to increase their customer base.  

Moreover, the growth of the tourism and recreational industry, and the time advantage of airlines over other modes of transportation is contributing to the growth of global air passenger traffic. With the increase in the number of air passengers, the demand for transportation turnstiles is also expected to increase. Passenger queuing can be reduced, and the increasing passenger traffic can be easily handled by using self-boarding turnstiles at airports. These turnstiles can also reduce the overall operating cost by eliminating the need for ground handling staffs. Thus, the growth in global air passenger traffic is driving transportation turnstiles market growth at a CAGR of almost 7% during the forecast period.

Top transportation turnstile companies covered in this report

The global transportation turnstiles market is highly concentrated with the presence of few established companies offering tripod turnstiles, metro bi-parting turnstiles, rotating turnstiles, motor-driven turnstiles, and electro-mechanical turnstiles. The market is in the growth phase and the level of competition will remain the same throughout the next five years. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this transportation turnstiles market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

  • Gunnebo
  • Mikroelektronika
  • Turnstar Systems
  • Wanzl Metallwarenfabrik

 

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Transportation turnstiles market segmentation based on application

  • Metro station
  • Airport
  • Bus station

The metro station segment accounted for the largest transportation turnstiles market share in 2018. This segment will continue to increase its market share and remain the market leader throughout the next five years.

Transportation turnstiles market segmentation based on geographic region

  • Americas
  • APAC
  • EMEA

The EMEA region dominated the transportation turnstiles market with a market share of over 41% in 2018. This region will be the highest revenue generator and continue to dominate the market for the next five years.

Key highlights of the global transportation turnstiles market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the transportation turnstiles market during the next five years
  • Precise estimation of the global transportation turnstiles market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the transportation turnstiles industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of transportation turnstile companies

 

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Metro station - Market size and forecast 2018-2023
  • Airport - Market size and forecast 2018-2023
  • Bus station - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: TRENDS

  • Growing adoption of high-speed trains
  • End-user requirements associated with transportation turnstiles
  • Digital transformation in airline industry

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Gunnebo
  • Mikroelektronika
  • Turnstar Systems
  • Wanzl Metallwarenfabrik

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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