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Stock impact report

Transportation Turnstile Market To Reach USD 250.5 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

OMRON CORP S/ADR (OMRNY) 
NASDAQ:AMEX Investor Relations: omron.com/about/ir
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, May 12, 2024 (GLOBE NEWSWIRE) -- Urbanization and construction activities boost market developments. The ongoing urbanization trends and population growth undoubtedly influence the rapid growth of the global transportation turnstile market. With a significant portion of the world's population projected to reside in urban areas by 2050, the strain on public transportation systems is palpable. As cities expand and populations surge, efficient access control solutions like turnstiles become paramount to ensure smooth operations and manage passenger flows effectively. One of the primary drivers behind the surge in demand for transportation turnstiles is the imperative to modernize transportation infrastructure. Governments and transit authorities worldwide are investing heavily in upgrading their systems to accommodate the escalating number of commuters. Turnstiles play a crucial role in this modernization effort by providing secure and efficient access cont Show less Read more
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