Automatic gate and door opening market to expand at a CAGR of 7.10% by 2032
Research Reports
Sep 26, 2023
The size for Automatic Gates and Door Opening Systems Market is expected to reach US$10.6 billion in 2022. It is anticipated that the market for automatic gates and door openers will increase from USD 11.3 billion in 2023 to USD 19.6 billion by 2032, with a compound annual growth rate (CAGR) of 7.10% over the five-year forecast period (2023-2032). The primary market factors accelerating market expansion include increased integration in “smart” homes and the expanding deployment of automated door and gate systems for industrial and security requirements.
The use of automatic gate and door systems, which provide advantages like safety and security, the elimination of physical effort required to enter and exit the gates, convenience, durability, privacy, and the ability to keep only authorised vehicles and people out of the gate or door, has increased as a result of increasing industrialization, contributing to the market’s expansion.
Rising technological advancements and R&D expenditures on novel automatic door opening systems enable the industry to supply funding for the enormous potential opportunities. The increasing use of artificial intelligence in protected gateways and technological advancements raise security standards. The development of speech recognition, iris scan, remote control, and iris identification technologies has increased market size and encouraged further growth.
By limiting access to authorised people exclusively, the automatic barriers help in controlling the heavily crowded traffic rapidly. This will eventually increase safety and security. These automatic barriers are combined with various access control systems, such as intercom call routing, hands-free access systems, contactless smart cards, and keypads for easy going access. Installing an automatic gate opener gives clients complete control over how the gate opens and closes and who is let within.
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Automatic Gate and Door Opening System Market Key Players
Key Companies in the Automatic Gate and Door Opening System market include
- Chamberlain Group
- CAME BPT UK Ltd
- Ken Wan
- BENINCA Group
- Katers Automation
- King Gates SRL
- Homelife Integration
- Ditec Entrematic
- Roteco SRL
- Aleko Products
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Segmentation
The system for opening doors and automatic gates Using access control systems as a basis, the market is segmented into Card Tag Systems, Fingerprint Identification Systems, Voice Recognition Systems, Face Identification Camera Systems, Iris Scan Systems, and Others.
Sliding and swinging gates, shutter systems, and others are included in the market segmentation for automatic gate and door opening systems based on type.
The analysis offers market insights for each region separately, including North America, Europe, Asia-Pacific, and the Rest of the World. Due to rising residential and commercial automation demand, a large number of domestic players, technological advancements in the region, and rising demand for automatic gate and door opening systems, the North American region currently holds a dominant share of the global market.
From 2023 to 2032, the Asia-Pacific Automatic Gate and Door Opening System Market is anticipated to expand rapidly. This is as a result of the growing need for personal protection and security. Additionally, the Indian Automatic Gate and Door Opening System market had the fastest rate of growth in the Asia-Pacific region, while China’s Automatic Gate and Door Opening System market had the highest market revenue.
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