Pune, India -- (SBWire) -- 10/26/2017 --Market Synopsis of Automatic Gate and Door Opening System Market
Market Scenario
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.
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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.
Key Players:
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.
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 in automatic gate and door opening system market in North America is attributed to technical advancements and increasing use demand for automation in that region.
Segments:
Automatic gate and door opening system market can be segmented on the basis of following:
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
By Gate Type
Swinging Gates
Sliding Gates
Shutter System
Boom Barriers
Bollards
By Power Source
Primary Power Source
Secondary Power Source
By End Users
Residential
Transportation Hubs
Military
Industrial
Commercial
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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
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Automatic Gate and Door Opening System Market Growth Rate, Business Strategy, Key Trends and Revenue Analysis 2023
Market Research Future published a research report on “Automatic Gate and Door Opening System Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.