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Global Transportation Turnstiles Market 2019-2023

Global Transportation Turnstiles Market 2019-2023

About this market

Changing lifestyle and high disposable income is allowing people to spend more on convenient transportation. This have resulted in the development of high-speed trains, automatic trains, and magnetic levitation trains in developed as well as developing countries. Among all the mentioned trains, the demand for high speed trains are the highest. Governments are investing heavily to fulfill the growing demand for high-speed trains. Around 27,000 miles of high-speed line network was already present in 2016. This high-speed line network is expected to grow further during the forecast period. Since, most of the high-speed train stations use turnstiles, the growing adoption of these trains will boost the growth of global transportation turnstiles market. Technavio’s analysts have predicted that the transportation turnstiles market will register a CAGR of almost 7% by 2023.

Market Overview

Growing global air passenger traffic

The number of air passengers is increasing. The growing working population and the increasing middle-class population in developing countries are some of the factors contributing to this growth of air passenger traffic. Air travel also requires lesser time than other modes of transportation which increases its popularity. The tourism and recreational industry is also witnessing a boom which is resulting in increased air traffic. This increase in global air passenger traffic will boost the demand for self-boarding transportation turnstiles as it can effectively handle growing passenger traffic and reduces overall operating cost.

Volatility in raw material price

The volatility in prices of raw materials used for manufacturing transportation turnstiles is hampering the growth of the market. Steel is one of the major raw material used for manufacturing turnstiles. Since steel is extracted from iron ore, any instability in the prices of iron ore will affect the prices of steel. This in turn will affect the profit margins of transportation turnstiles manufacturers and thereby hurt the growth prospects of the market.

For the detailed list of factors that will drive and challenge the growth of the transportation turnstiles market during 2019-2023, view our report.

Competitive Landscape

The market appears to be concentrated and with the presence of few established companies including Gunnebo, and Mikroelektronika the competitive environment is less intense. Factors such as the increase in the number of air passengers across the world, will provide considerable growth opportunities to transportation turnstile manufacturers. Gunnebo, Mikroelektronika, Turnstar Systems, and Wanzl Metallwarenfabrik are some of the major companies covered in this report.


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
Exhibit 01: Preface
Exhibit 02: Currency conversion rates for US$
Exhibit 03: Global logistics market
Exhibit 04: Segments of global logistics market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2018
Exhibit 09: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 10: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 11: Five forces analysis 2018
Exhibit 12: Five forces analysis 2023
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2018
Exhibit 19: Application - Market share 2018-2023 (%)
Exhibit 20: Comparison by application
Exhibit 21: Comparison_3
Exhibit 22: Metro station - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Metro station - Year-over-year growth 2019-2023 (%)
Exhibit 24: Airport - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Key airport expansion projects in the Middle East
Exhibit 26: Airport - Year-over-year growth 2019-2023 (%)
Exhibit 27: Bus station - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: Year-over-year growth of BRT systems market in APAC 2018-2022 (%)
Exhibit 29: Bus station - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by application
Exhibit 31: Customer landscape
Exhibit 32: Market share by geography 2018-2023 (%)
Exhibit 33: Geographic comparison
Exhibit 34: Comparison_5
Exhibit 35: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: Key developments for rail infrastructure in Southeast Asia
Exhibit 39: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 40: Americas - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 42: Key leading countries
Exhibit 43: Country_Legend_16
Exhibit 44: Market opportunity
Exhibit 45: Decision framework
Exhibit 46: Year-over-year growth rate of global air passenger traffic 2015-2017
Exhibit 47: Year-over-year growth rate of global intelligent transportation system 2018-2021
Exhibit 48: Global steel price (dollar per ton)
Exhibit 49: Impact of drivers and challenges
Exhibit 50: Ranking of major countries with high-speed trains (by measure of passenger kilometer) in 2017
Exhibit 51: Vendor landscape
Exhibit 52: Landscape disruption
Exhibit 53: Vendors covered
Exhibit 54: Vendor_analysis1
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: Gunnebo - Vendor overview
Exhibit 58: Gunnebo - Business segments
Exhibit 59: Gunnebo - Organizational developments
Exhibit 60: Gunnebo - Geographic focus
Exhibit 61: Gunnebo - Key offerings
Exhibit 62: Mikroelektronika - Vendor overview
Exhibit 63: Mikroelektronika - Product segments
Exhibit 64: Mikroelektronika - Organizational developments
Exhibit 65: Mikroelektronika - Key offerings
Exhibit 66: Turnstar Systems - Vendor overview
Exhibit 67: Turnstar Systems - Product segments
Exhibit 68: Turnstar Systems - Organizational developments
Exhibit 69: Turnstar Systems - Key offerings
Exhibit 70: Wanzl Metallwarenfabrik - Vendor overview
Exhibit 71: Wanzl Metallwarenfabrik - Product segments
Exhibit 72: Wanzl Metallwarenfabrik - Organizational developments
Exhibit 73: Wanzl Metallwarenfabrik - Key offerings
Exhibit 74: Research framework
Exhibit 75: Validation techniques employed for market sizing
Exhibit 76: Information sources
Exhibit 77: List of abbreviations

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