What is Store Turnstile Market?
Store turnstile is a type of gate used to control pedestrian flow. Store turnstile gates are installed to allow one person to get through at a time. Turnstile gates, also known as baffle gate, can restrict passage and allow entry with correct credentials by inserting coins, tickets, passes, identity cards, etc. It is a great way to raise security and avoid unauthorized entry of people. The turnstile gate is one of the most secure, efficient, and effective entry solutions available.
The market study is being classified by Type (Waist-high Turnstiles (Single Wall Tripod, Bridge Wall Tripod), Optical Turnstiles (Drop Arm, Lane Glass, Swing Arm), Swing Gate Turnstiles and Full Height Turnstiles), by Application (Malls, Supermarket, Convenience Stores, Hotels and Others) and major geographies with country level break-up.
Gunnebo (Sweden), Wanzl GmbH & Co. KGaA (Germany), Gotschlich GmbH (Austria), PERCo (Russia), Alvarado (United States), TiSO Group of companies (Ukraine), Cominfo (Czech Republic), Hayward Turnstiles (United States), Rotech (Australia) and Turnstile Security Systems Inc. (Canada) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Nanjing Technology (China), Shenzhen Fulituo Technology Co., Ltd. (China), Turnstar ( South Africa) and Ceria Vietnam (Vietnam).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Gunnebo, Wanzl GmbH & Co. KGaA, Gotschlich GmbH, and PERCo . Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Store Turnstile market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Store Turnstile market by Type, Application and Region.
On the basis of geography, the market of Store Turnstile has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Awareness about Security at Public Places and Nullifying Unauthorized Entries
- Rapid Urbanization and Infrastructure Development
Market Trend
- Growing Demand for Automatic Store Turnstile
Restraints
- Fluctuating Raw Material Prices
Opportunities
- Technological Advancement and Development in Turnstile for Security Purpose
Challenges
- Presence of Unorganized Players in the Market
On 12th May 2020, Gunnebo has launched infection control products. From this, Covid-19 can be stopped right at the entrance to stores, office buildings, schools, hospitals, factories, and public transportation.
Key Target Audience
Store Turnstile Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other