Press release
Automatic Gate and Door Opening System Market is estimated to grow at a CAGR of 7% by Forecast to 2023
Market Highlights:Major factor driving the growth of automatic gate and door opening system market is the increasing need for automation in the residential and industrial sectors. Majorly, these systems are implemented where the frequency of closing and opening of a door is higher. Growing urbanization and increasing developments in the infrastructure are other factors driving the growth of automatic gate and door opening system market.
North America region holds the largest market share of global automatic gate and door opening system market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and is attributed to the increasing demand for industrial and residential automation in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Improved style of living in the region is another factor driving the growth of automatic gate and door opening system. Asia Pacific region is expected to grow at the highest rate during the forecast period owing to increasing need for automation.
Automatic Gate and Door Opening System Market has been segmented on the basis of access control system, gate type, power source and end user. The access control segment is further bifurcated into keypad system, remote control system, face identification and camera system, fingerprint identification system, iris scan system, telephone access system, proximity sensor system and card tag system. Out of which, the proximity sensor system has the maximum number of applications in the commercial sector like in shopping malls and corporate offices where the opening and closing of door frequency is high.
Automatic gate and door opening system is basically implemented to reduce human effort. These systems comprises of proximity sensors which can sense the nearby objects and open the gate or door so that no human is required to do that job.
The global automatic gate and door opening system market is expected to grow at approx. USD 18 Billion by 2023, at 7% of CAGR between 2017 and 2023.
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Major Key Players:
• 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.)
Automatic Gate and Door Opening System Market Segmentation:
The automatic gate and door opening system market has been segmented on the basis of access control system, gate type, power source and end user. The power source segment is further bifurcated into primary power source and secondary power source. The power source used for automatic gate and door opening system is hydraulic or electromechanical. Easy accessibility is one major factor driving the growth of automatic gate and door opening system.
Market Research Analysis:
It has been observed that North America is estimated to account for the largest share of the market and dominate the global market share of automatic gate and door opening market. Whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period.
The growth in North America is majorly driven by U.S. The major growth in automatic gate and door opening system market in North America is attributed to technological advancements and increasing demand for industrial and residential automation in that region. Improved style of living is another factor driving the growth of automatic gate and door opening market in the region.
Regional Analysis:
The regional analysis of automatic gate and door opening system market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth inautomatic gate and door opening system market in North America is attributed to technical advancements and increasing use demand for automation in that region.
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Intended Audience:
• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Raw Material Suppliers
• Components Providers
• System Integrators
• Middleware and Firmware Providers
• Suppliers and Distributors
• Smart Home/City Service Providers
• Government and Other Regulatory Bodies
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
List of Tables
Table 1 Automatic Gate and Door Opening System Market, By Access Control System
Table 2 Automatic Gate and Door Opening System Market, By Gate Type
Table 3 Automatic Gate and Door Opening System Market, By Power Source
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Automatic Gate and Door Opening System Market, Control System (%)
Figure 3 Automatic Gate and Door Opening System Market, By Gate Type (%)
Continued…
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