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Gate Openers Market Report: Major Key Players, Application, Growth And Analysis, Forecast To 2032
Gate Openers Market
Gate Openers Market Size, Growth Rate, And Forecast
The global gate openers market is expected to grow from $1.46 billion in 2022 to $1.55 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The gate openers market is expected to grow to $1.89 billion in 2027 at a CAGR of 5.1%.
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Gate Openers Market Drivers
The growing popularity of home automation is driving the growth of the gate opener market going forward. Home automation refers to the network of hardware, communication, and electronic interfaces that connects commonplace products over the internet, in which each item contains sensors and WiFi-connected to control the home via smartphone or tablet remotely. This speeds up mundane tasks, allowing the user increased comfort and convenience. Gate openers in home automation help with advanced control of gates conveniently in remote accessing such as in controlling the gates/garages while arriving or leaving and also to control access of visitors.
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Gate Openers Market Segments
1) By Type: Sliding Gate Opener, Swing Gate Opener, Other Types
2) By Product Type: Linear Ram, Underground, Articulated Ram, Sliding, Other Product Type
3) By Application: Residential, Commercial, Industrial, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Gate Openers Market.
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Gate Openers Market Key Players
Major competitors in the Gate Openers Market include FAAC Group, Chamberlain Group, Nice North America, DoorKing Inc., Novoferm Group, ELKA-Torantriebe GmbH u. Co. Betriebs KG, Bisen Smart Access Co Ltd., Zhejiang Xianfeng Machinery Co Ltd., Dalian Master Door Co Ltd., VMAG Automation Systems, BX Shinsei Seiki Co Ltd., Proteco Srl, Dorene Gate Openers, Al Kuhaimi Metal Industries Ltd., Hy-Security Gate Inc., Viking Access Systems, Automatic Technology Pty Ltd., LiftMaster, USAutomatic LLC, Allegion plc., Somfy, Came SPA, dormakaba Group, GEZE GmbH, Overhead Door Corporation, PILOMAT Srl, S M Dooromatics, Macs Automated Bollard Systems Ltd., RIB Srl, and Skylinkhome
The Business Research Company's "Global Gate Openers Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Gate Openers Market Include:
1. Executive Summary
2. Gate Openers Market Characteristics
3. Gate Openers Market Trends And Strategies
4. Gate Openers Market - Macro Economic Scenario
5. Gate Openers Market Size And Growth
.......
26. Africa Gate Openers Market
27. Gate Openers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gate Openers Market
29. Gate Openers Market Future Outlook and Potential Analysis
30. Appendix
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