Automatic Gate and Door Opening System Market Analysis, Industry Trends, Forecast, Opportunities, Competitive Landscape, Future Prospects and Impact of COVID
Research Reports
Apr 06, 2022
Global Automatic Gate and Door Opening System Market Overview
The Global Automatic Gate and Door Opening System Market is expected to reach USD 14,238.3 Million by 2025, growing at a CAGR of 6.8% during the forecast period (2018–2025). In this report, Market Research Future (MRFR) includes segmentation and market dynamics to offer a better glimpse of the market in the coming years.
Automatic gates are used to manage entrance into a secured area. Its main function is to restrict unauthorized invaders into the premises by using active and passive security devices. These automatic doors are present in every form such as sliding doors, gates, garage doors, and shutters. These automatic systems are used to open gates and doors without any human effort. Various kinds of sensors are used in such doors as PIR, laser, and radar sensors.
Competitive Analysis
The Key Players of the Global Automatic Gate and Door Opening System Market are CAME (Italy), Newturn Automation Pvt. Ltd (India), ABA Automatic Entrance Specialists (Australia), King Gates S.R.L (Italy), Beninca Group (Italy), Aleko Products (US), Katres Automation (India), Proteco S.R.L (Italy), R.I.B S.R.L (Italy), and Home Life Integration (Italy).
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The growth in construction activities globally and the need for improved building energy efficiency are driving the market toward growth. Natural resources are getting scarce and energy costs are increasing. Sustainable, energy-efficient construction is, therefore, becoming crucial. It is in large, public buildings that intelligent energy-efficient management is most required, in order to deliver an optimum energy balance.
Segmental Analysis
The Automatic Gate and Door Opening System Market has been Segmented Based on Access Control System, Gate Type, End-User and Region.
Based on the access control system, the automatic gate and door opening system market has been segmented into a card tag system, fingerprint identification system, voice recognition system, face identification camera system, remote control system, iris scan system, telephone access system, proximity sensor system, and keypad system. Card tag System is expected to have the largest market share, whereas the iris scan systems are expected to have the highest CAGR during the forecast period.
Based on gate type, the Automatic Gate and Door Opening System market has been segmented into swinging gates, sliding gates, shutter system, boom barriers, and bollards. The swinging gates segment accounted for the largest market share of 34.5% in 2018 during the forecast period. However, the boom barriers segment is expected to register the highest CAGR of 6.9%.
By end-user, the Automatic Gate and Door Opening System market has been segmented into commercial, transportation hubs, military, industrial, and residential. The commercial segment accounted for the largest market share during the forecast period. However, the military segment is expected to register the highest CAGR during the forecast period.
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Regional Analysis
The regional analysis of the device as a service market has been done for North America, Europe, Asia-Pacific (APAC), and the rest of the world.
North America accounted for the largest market in the automatic gate and door opening system market. The region is dominating the global Automatic Gate and Door Opening System market in terms of market share during the forecast period owing to the High demand for industrial and residential automation in the region. The US holds the majority of the North American market due to the presence of a large number of local players providing automated gate and door opening solutions.
The market in Asia-Pacific is expected to grow at a CAGR of 7.5%. The region is expected to show rapid growth due to increasing investments in security, rapid development of infrastructure and transportation facilities in the region. China accounts for the largest market share in the region due to the presence of various local and key vendors in the country. Moreover, technological advancements and increasing development of malls, hotels, theme parks, and others are expected to drive the market in the region.
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