Automatic Gate and Door Opening System Market 2020 Global Leaders: Newturn Automation, CAME UK, Aleko Products, Katres Automation, Life Home Integration, Beninca Group

Market Research Future published a research report on "Automatic Gate and Door Opening System Market Research Report - Global Forecast 2023" - Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Synopsis:

According to Market Research Future (MRFR)'s study report, the global automatic gate and door opening system market has been prognosticated to strike 7% CAGR during the forecast period 2017 to 2023. As per the analysis, the market is set to scale a decent valuation of USD 18 Bn towards the end of the assessment period. The towering demand for automation in both residential and industrial applications has been projected to augment the global market in the years to come.

Industry 4.0 is expected to proliferate the applications of automatic door opening systems across different verticals over the next couple of years. In addition, the skyrocketing demand for smart buildings has been projected to favor the expansion of the automatic gate and door opening system market across the review period. Urbanization and rapid industrialization are identified to emerge as the key factors driving the growth of the market.

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The strengthening position of the global economy has been expected to have a positive influence on the growth of the automatic gate and door opening system market in the forthcoming years. Rising disposable income in conjunction with elevated standards of living is prognosticated to catapult the market on an upward trajectory.

Key Players:

The prominent players in Automatic Gate And Door Opening System Market are - CAME UK (U.K.), RIB S.R.L. (Italy), Aleko Products (U.S.), King Gates S.R.L. (Italy), Katres Automation (India), Proteco S.R.L. (Italy), Newturn Automation Pvt. Ltd. (India), Life Home Integration (Italy), ABA Automatic Gates & Doors (Australia), Beninca Group (U.K.) among others.

Market Segmentation:

o By access control system, the global automatic gate and door opening system market has been segmented into keypad, remote control, face identification camera, iris scan, fingerprint identification system, telephone access system, proximity sensor system, and card tag system.
o By gate type, the automatic gate and door opening system market has been segmented into sliding, swinging, bollards, boom barriers, and shutter system.
o By power source, the global automatic gate and door opening system market has been segmented into primary power source secondary power source
o By end user, the automatic gate and door opening system market has been segmented into residential, transportation hubs, military, industrial, and commercial.

Regional Analysis:

By region, the global automatic gate and door opening system market has been segmented into Asia Pacific, North America, Europe and the Rest of the World (RoW). North America is prognosticated to account for the maximum share of the global market over the next couple of years. The regional automatic gate and door opening system market is led by the U.S. and is anticipated to benefit from rising demand for industrial and residential automation. Europe is expected to exhibit a similar trend and trail North America market in the forthcoming years. Also, Asia Pacific is an important revenue pocket forecasted to exhibit a relatively higher CAGR over the assessment period.

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Intended Audience

o Technology Investors
o Research/Consultancy Firms
o Infrastructure Providers
o Raw Material Suppliers
o Components Providers
o System Integrators
o Middleware and Firmware Providers
o Suppliers and Distributors
o Smart Home/City Service Providers
o Government and Other Regulatory Bodies

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This release was published on openPR.