turnstile gate market analysis in Indian

04-05-2023

                         turnstile gate market analysis in Indian


The turnstile gate market in India is growing rapidly due to the increasing need for security and crowd management solutions in public places such as airports, railway stations, malls, and office buildings. Turnstile gates are widely used for access control and attendance management purposes in these places.

The market for turnstile gates in India is expected to grow at a CAGR of around 12% during the period of 2021-2026, driven by factors such as increasing demand for smart security solutions, rising urbanization, and growth in the construction industry.

The market is highly competitive with the presence of both domestic and international players. Some of the major players in the Indian market include ZKTeco, Honeywell, Godrej, and Delta Turnstile.

The government initiatives such as Smart Cities Mission and Make in India campaign are expected to drive the growth of the turnstile gate market in India further.

However, the high cost of installation and maintenance of turnstile gates and the availability of alternative security solutions such as biometric systems and RFID cards can pose a challenge to the growth of the market.

Overall, the turnstile gate market in India presents significant growth opportunities for both existing and new players in the market.



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