The Automatic Gate Opening System market is classified on the basis of form of gates, access control system, source of power, end users and by region. The Global Automatic Gate Opening System’s market value is estimated to be approximately US$ 2,409.3 Mn by the end of 2018. The Automatic Gate Opening System Market value is expected to register a value CAGR of 6.0% over the forecast period (2018–2026).
Factors influencing the Global Automatic Gate Opening System Market growth
Growing Demand for Automatic Barriers across Transportation and Residential Applications
Automatic barriers help in managing extremely congested traffic quickly by restricting access to authorized personnel only. Further, these automatic barriers are paired with various types of access control systems, such as intercom call routing, hands free access systems, contactless smart cards, key pads, among others, to simplify the access. Increasing demand and application of automatic barriers across transportation hubs and residential areas to enhance security and safety around the area is estimated to fuel the growth of the automatic barriers and thus, automatic gate opening systems during the forecast period.
Upgradation of Production Technology for Automatic Gates
Across every industry, introduction of advanced equipment and technology has led to industrial upgrading, leading to numerous advantages, such as better product consistency, higher door surface smoothness and more accurate size. Further, the gate industry is estimated to move towards intelligent development direction owing to integrated access control system with mechanical locks, battery backup option and multi-button design, among others.
Growing Construction Activities Aligned With Increasing Infrastructure Investments across the Globe
Growing industrialization in emerging countries, such as China, Brazil and South Africa, is expected to fuel demand for automatic gates globally for safety and security related concerns during the forecast period. Government support coupled with increasing outsourcing of manufacturing endeavours from developed nations has propelled industrialization in these emerging economies.
Global Automatic Gate Opening System Market segmentation and forecast
The Global Automatic Gate Opening System Market is segmented on the basis of form of gates, source of power, access control system, end users and region. On the basis of form of gates, the global Automatic Gate Opening System market is segmented into swinging gates, sliding gates, overhead gates, bollards, barriers, boom barriers and shutters.
On the basis of access control system, the global Automatic Gate Opening System market is segmented into keypad system, voice recognition, iris scan system, remote control, face identification and telephone access, among others. On the basis of source of power, the global Automatic Gate Opening System market is segmented into primary and secondary sources. On the basis of end user, global Automatic Gate Opening System market is segmented into residential, industries, military, retailers and transportation hubs, among others.
Based on region, the global Automatic Gate Opening System Market is segmented into North America, Europe, Latin America, Asia Pacific and MEA.
Global Automatic Gate Opening System Market analysis, by Form of Gates
In terms of value, automatic sliding gates of the Automatic Gate Opening System segment is estimated to dominate the market with 23.9% in 2018 end and will continue to dominate until the end of 2028. The Global Automatic Gate Opening System Market is expected to touch US$ 3,842.2 Mn by the end of 2026.
Global Automatic Gate Opening System Market analysis, by End User
By End User, industries and military segments are estimated to dominate the Global Automatic Gate Opening System Market by accounting for a collective value share of 49.7% by 2018 end.
Key players dominating the Global Automatic Gate Opening System Market
The report highlights and discusses some of the top companies operating in the global Automatic Gate Opening System market, such as The Chamberlain Group Inc., Nice S.p.A., CAME BPT UK, TiSO Company, Macs Automated Bollard Systems Ltd, PILOMAT s.r.l., Gandhi Automations Pvt Ltd, RIB srl, FAAC Group, CASIT s.n.c. di C.C.Ramella & C, Ditec Entrematic and Zhejiang Xianfeng Machinery Co., Ltd., among others.
Persistence Market Research, in its report titled “Automatic Gate Opening System Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026”, offers detailed insights and in-depth research on the Automatic Gate Opening System market for an 8-year forecast period, i.e. 2018 – 2026. The report covers the important factors driving the growth of the Automatic Gate Opening System market, untapped opportunities for Automatic Gate Opening System manufacturers, trends and developments shaping the dynamics of the Automatic Gate Opening System market and other insights across various key segments.
The report identifies the drivers and restraints affecting the growth of the Automatic Gate Opening System market. Changing trends have also been analysed and incorporated in this Automatic Gate Opening System report to equip the client with exhaustive information about the automatic gate opening system market. Macroeconomic factors that directly and indirectly affect the growth of the Automatic Gate Opening System market have also been incorporated in the report.
Automatic Gate Opening System Market Segmentation
To understand and assess opportunities in the Automatic Gate Opening System market, we have divided the report into two sections, based on market segmentation, as under:
By Form of Gates
Access Control System
Source of Power
The market value for all segments is taken in US$ Million and the market volume is taken in Units, otherwise stated in the Automatic Gate Opening System report.
A section of the report highlights region-wise Automatic Gate Opening System demand. It provides a market outlook for 2018-2026 and sets the forecast within the context of the Automatic Gate Opening System market. Further, various factors, such as GDP outlook, construction industry’s growth across various regions and their impact, have also provided in the report. Moreover, every respective region has been analysed on the basis of various segmentations, such as form of gates, source of power, end users, access control system and country.
In the final section of the automatic gate opening system report, a competitive landscape has been included to provide report audiences with a dashboard view. The report provides detailed market share analysis of the Automatic Gate Opening System market on the basis of tiers. Comprehensive profiles of manufacturers are also included within the scope of the report to evaluate strategies, key offerings and swot analysis in the Automatic Gate Opening System market.
Our research methodology
Market volume of automatic gate opening system has been inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analysed and average market volume is deduced and reconfirmed prior to incorporation in the report. The average price of Automatic Gate Opening System is deduced on the basis of form of gates, where the average price is inferred across all the five assessed regions. The market value of the Automatic Gate Opening System market is thus calculated from the data provided by the average selling price and market volume.
For the 8-year forecast of the Automatic Gate Opening System market, various macroeconomic factors and changing trends have been observed, giving an idea about the future of the market. Other important factors considered to arrive at market forecast are the size of the current market, inputs from the demand side and the supply side and other dynamics shaping the scenario of the market.
In the compilation of the report, the forecast is conducted in terms of CAGR, while other important criteria, such as year-on-year growth and absolute dollar opportunity, have also been incorporated, presenting the client with crystal clear insights and future opportunities as far as the Automatic Gate Opening System market is concerned.