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Automatic Gate and Door Opening System Industry, Size, Share, Growth, Latest Trends, Global Forecast 2030
Automatic Gate Door Opening System Industry Analysis
The automatic gate & door opening system market will touch USD 14,238.3 million at a 6.8% CAGR between the forecast period 2019- 2025, states the recent Market Research Future (MRFR) analysis. Automatic gate and door opening systems are used for controlling access into the secured area. Its key function is to stop unauthorized intruders into the premise using passive or active security devices.
Various factors are propelling the automatic gate and door opening system revenue. According to the latest MRFR report, such factors include fast-paced urbanization, new technological advances, growing adoption in residential and transportation applications, upgradation of production technology, increasing infrastructure investments, growing infrastructure developments, key advantages offered such as high rate of energy-saving and low operational cost, the rising buying capability of consumers, and rising per capita income among the middle class.
On the contrary, high initial and maintenance costs and the current COVID-19 impact may limit the global automatic gate opening system market growth over the forecast period.
The Global Automatic Gate And Door Opening System Market is expected to expand at 7.1% CAGR to reach USD 17.75 Million by 2030 during the forecast period
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Automatic Gate Door Opening System Industry Key Players
Key contenders profiled in the global automatic gate and door opening system market report include Home Life Integration (Italy), Beninca Group (Italy), King Gates S.R.L (Italy), R.I.B S.R.L (Italy), Katres Automation (India), Aleko Products (US), CAME (Italy), Proteco S.R.L (Italy), ABA Automatic Entrance Specialists (Australia), and Newturn Automation Pvt. Ltd (India).
Automatic Gate Opening System Industry Segmentation
The Market Research Future Report highlights an inclusive segmental analysis of the global automatic gate opening system industry based on end user, gate type, and access control system.
By access control system, the global automatic gate opening system market is segmented into keypad system, proximity sensor system, telephone access system, iris scan system, remote control system, face identification camera system, voice recognition system, fingerprint identification system, and card tag system. Of these, the card tag system will lead the market over the forecast period.
By gate type, the global automatic gate opening system market is segmented into bollards, boom barriers, shutter systems, sliding gates, and swinging gates. Of these, the sliding gates will dominate the market over the forecast period.
By end user, the global automatic gate opening system market is segmented into residential, industrial, military, transportation hubs, and commercial. Of these, military and industrial will spearhead the market over the forecast period.
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Automatic Gate Door Opening System Industry Regional Analysis
By region, the automatic gate and door opening system market covers the recent trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Among these, North America will dominate the market over the forecast period. High demand for residential and industrial automation is adding to the global North America automatic gate market growth in this region. The United States possess the utmost share in the market for the presence of a large number of local players.
In Europe, the global automatic gate and door opening system market is predicted to have the second-largest share over the forecast period. Rising adoption due to security and industrial demand like military and defense, and constant developments made by industry players are fuelling the global automatic gate and door opening system market growth in the region. Germany and France hold the utmost share in the market.
In the APAC region, the global automatic gate and door opening system market is predicted to have healthy growth over the forecast period. Growing markets in Japan, China, and India, wide adoption of connected devices, and the presence of several sensor manufacturing companies are adding to the global automatic gate and door opening system market growth in the region.
In the RoW, the global automatic gate and door opening system market is predicted to have sound growth over the forecast period.
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