Pune, India, November 2019, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Automatic Gate and Door Opening System Market.
Overview
The Global Automatic Gate and Door Opening System Market is expected to reach USD 17.75 Million by 2030, growing at a CAGR of 7.1% during the forecast period (2020–2030). In this report, Market Research Future (MRFR) includes segmentation and market dynamics to offer a better glimpse of the market in the coming years.
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. Door-closing mechanisms and automatic door systems, which reliably shut doors to minimize heat dissipation and contribute significantly to reduce energy consumption. The use of revolving doors and wind protection helps to maintain a pleasant indoor climate. The separation of indoor and outdoor temperatures helps eliminate noise while minimizing energy wastage and keeping down the running costs associated with heating and air-conditioning systems.
The automatic gate and door opening system market faces some challenges due to which the solutions have been slow to gain widespread adoption. The reason has mostly been the difficulty associated with high installation costs. Due to advanced features and automation techniques, the cost of these door systems is high. The installation prices for the basic automated door systems is also very high. Therefore, in a number of application areas, the adoption of automated door systems is getting affected. Apart from this, the under-developed countries and countries with a weak economy also cannot afford expensive automated door systems which have resulted in limited adoption of people counting systems in these countries. Therefore, there is high need for developing advanced yet affordable automated door systems. Thus, the high costs involved in advanced automated door systems is restraining the automated door/gate market.
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 7.1%.
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.
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).
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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Base Year | 2019 |
| Companies Covered | 15 |
| Pages | 100 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
