Automatic Gate and Door Opening System Market – Overview
The emphasis on security has driven the growth of the automatic gate and door opening system considerably. Market Research Future which concentrates on market reports associated to the semiconductors & electronics sector amongst others recently published a report on this sector. The industry is anticipated to grow to approx. USD 18 Billion in revenues by 2023, while developing at 7% CAGR rate between 2017 and 2023.
Increased focus on home automation has been identified as one of the key causes for the development rate of the market. Diverse outlooks on security for home and office setups has been a positive influence on the growth of the sector. Availability of a better network and infrastructure of connected devices has added weight to the development curve of the sector favorably. Improved standard of living along with increased buying power has increased the market potential especially in urban areas. Urban areas have the highest demand concentrations for this market.
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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.
Automatic gate and door opening system Global Market – Segmentation
The Automatic gate and door opening system Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Access Control System: Keypad System, Remote Control System, Face Identification Camera System, Fingerprint Identification System, Iris Scan System, Telephone Access System, Proximity Sensor System, Card Tag System and others
- Segmentation By Gate Type: Swinging Gates, Sliding Gates, Shutter System, Boom Barriers, Bollards
- Segmentation by Power Source: Primary Power Source, Secondary Power Source
- Segmentation by End-User: BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, telecommunication and ITES and others
- Segmentation by Regions: Residential, Transportation Hubs, Military, Industrial, Commercial
Automatic gate and door opening system Global Market – Regional Analysis
North-America is dominating the Global Automatic gate and door opening system Market with the largest market share due to the increasing demand for industrial and residential automation in the region. Apart from it, North America has developed infrastructure which helps in implementation of advanced technologies. Also, North America government has huge investments in the commercial sector which in result is boosting the automatic gate and door system market. Automatic gate and door opening system market in Asia-Pacific region is expected to grow at a substantial CAGR during 2017 to 2023 owing to the various advantages associated with using automatic door systems and gates. Moreover, increasing development of IT infrastructure by organizations, especially in India and China that are adopting new technologies and advent of smart cities is fuelling the automatic gate and door system market. The European market for Automatic gate and door opening system Market is expected to grow at a considerable CAGR (2017-2023) due to the implementation of energy efficient programs and legislation. Also, the replacement of existing installations in the region will contribute to the market of automatic gate and door systems in future.
- 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
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