Speed Gate Market Size, Share, Growth and Industry Analysis, By Type (Swing Doors, Rectractable Doors), By Application (Station, Airport, The Mall, Bank, Hotel, Others), Regional Insights and Forecast From 2025 To 2033
Trending Insights

Global Leaders in Strategy and Innovation Rely on Our Expertise to Seize Growth Opportunities

Our Research is the Cornerstone of 1000 Firms to Stay in the Lead

1000 Top Companies Partner with Us to Explore Fresh Revenue Channels
-
Request a Free sample to learn more about this report
SPEED GATE MARKET OVERVIEW
The global speed gate market size was USD 0.51 billion in 2024 and the market is projected to touch USD 0.92 billion by 2033 at a CAGR of 6.71% during the forecast period.
The speed gates represent a widely employed access control and security system found in diverse environments, including office complexes, airports, public transit hubs, stadiums, and other areas with high pedestrian traffic. Their purpose is to bolster security measures, optimize access procedures, and offer an effective mechanism for supervising and regulating the movement of individuals.
COVID-19 IMPACT
Increased Demand for Contactless Access Control among Population to Fuel Market Growth
The COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
The pandemic expedited the acceptance of contactless access control solutions like speed gates, as these systems mitigate physical contact and lower the potential for virus transmission, rendering them increasingly attractive in a post-pandemic environment.
The pandemic's economic repercussions prompted numerous businesses and organizations to implement budget reductions. Some opted to defer or cancel investments in security infrastructure, including speed gates, as a means of resource preservation.
LATEST TRENDS
Contactless Technology, and Enhanced Security Features to Fuel Market Growth
Contactless Technology pertains to the utilization of access control techniques and verification procedures that eliminate the need for physical contact between users and the security system. In the speed gate market, the trends associated with contactless technology revolve around the adoption and advancement of access control systems designed to minimize or entirely remove the necessity for individuals to touch surfaces or devices in order to access a facility or specific area. Radio-Frequency Identification (RFID) technology is extensively employed in contactless access control systems. Users are equipped with RFID cards, key fobs, or tokens containing embedded chips or tags. To gain entry, users simply need to hold or wave their RFID cards near a reader integrated into the speed gate. This action prompts the speed gate to open without any requirement for physical contact. This method offers not only convenience but also helps in reducing the wear and tear on the gate's components. Facial recognition technology has emerged as a prominent feature within contactless access control systems. The speed gates equipped with facial recognition cameras are capable of identifying individuals based on their facial characteristics. Users can gain access by merely approaching the speed gate, as it identifies them without necessitating any physical interaction.
SPEED GATE MARKET SEGMENTATION
By Type
Based on Type speed gate market is classified as Swing Doors, and Rectractable Doors.
By Application
Based on Application speed gate market is classified as Station, Airport, The Mall, Bank, Hotel, and Others.
DRIVING FACTORS
Security Concerns to Fuel Market Growth
The speed gates market growth due to heightened security concerns, especially in critical infrastructure, government facilities, transportation hubs, and corporate offices, where there is a growing demand to prevent unauthorized access.
Urbanization and Smart Cities to Stimulate Market Progress
The expansion of urban populations and the emergence of smart cities have spurred the demand for effective access control solutions in urban settings, including public transportation terminals, commercial complexes, and other metropolitan areas, to oversee crowd movement and enhance security.
RESTRAINING FACTORS
Cost of Implementation to Harm Market Growth
The initial investment in speed gates, covering hardware, software, installation, and integration with existing systems, can be substantial. This cost may act as a deterrent for certain prospective buyers, particularly smaller businesses and organizations operating within constrained budgets.
-
Request a Free sample to learn more about this report
SPEED GATE MARKET REGIONAL INSIGHTS
North America has Contactless technology adoption accelerated due to hygiene concerns to Drive Market Share
In North America, the speed gate market share is driven by heightened security concerns in critical infrastructure, transportation hubs, and commercial buildings. The rapid adoption of contactless technology, spurred by hygiene concerns amid the COVID-19 pandemic, played a pivotal role in expanding market share. Additionally, market growth was influenced by stringent regulatory compliance requirements, notably in government facilities and airports. Moreover, the rising integration of speed gates with smart building systems and IoT technologies further solidified the market's share by enhancing overall security and operational efficiency.
KEY INDUSTRY PLAYERS
Multitude of companies that played a pivotal role in expansion of speed gate
The speed gate market featured several prominent industry leaders known for manufacturing and supplying a diverse array of access control solutions, encompassing turnstiles and security gates. Among these, Boon Edam stood out as a global frontrunner in the manufacture of security entrances, offering an extensive portfolio that includes speed gates, turnstiles, and a wide range of access control solutions tailored to meet the needs of various industries and applications.
List of Top Speed Gate Companies
- Cominfo Security (Pune)
- Screen Check Middle East (Dubai)
- GSG Cova Security Gates (U.K.)
- TiSO (U.K.)
- EA Group (U.K.)
REPORT COVERAGE
The future demand for the speed gate market is covered in this study. The Research report includes the Increased Demand for Contactless Access Control due to the Covid-19 Impact. The report covers the latest trends in Contactless Technology. The paper includes a segmentation of the speed gate market. The research paper includes the driving factors that are Urbanization and Smart Cities to Fuel Market Growth. The report also covers information on Regional Insights where the region which has emerged leading market for speed gate.
Attributes | Details |
---|---|
Market Size Value In |
US$ 0.51 Billion in 2024 |
Market Size Value By |
US$ 0.92 Billion by 2033 |
Growth Rate |
CAGR of 6.71% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
The global speed gate market is expected to reach USD 0.92 billion by 2033.
The global speed gate market is expected to exhibit a CAGR of 6.71% by 2033.
The driving factors of the Speed Gate market are Urbanization and Smart Cities, and Security Concerns.
Cominfo Security, Screen Check Middle East, GSG Cova Security Gates, TiSO, and EA Group are the key players or most dominating companies functioning in the Speed Gate market.