Market Highlights —
In this rapidly changing world of technology, automatic gate and door opening system market is projected to show major growth prospects during the forecast period. Major factor driving the automatic gate and door opening system market is the increasing adoption of interactive displays in order to enhance customer service experience.
The global Automatic Gate and Door Opening System Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the automatic gate and door opening system market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of automatic gate and door opening system market. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. This is expected to be a major factor for the growth of automatic gate and door opening system market. Growing technological advancements and urbanization in the region are other factors fueling the growth of automatic gate and door opening system. Improved lifestyle and improved style of living of people are major factors driving the growth of automatic gate and door opening system market in the region. Growing demand for digital technologies is another major factor driving the growth of automatic gate and door opening system market in the region.
In the global automatic gate and door opening system market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, automatic gate and door opening system market is projected to contribute faster to the growth of revenue backed by increasing demand for industrial automation and growing innovations and automation in the residential sector in countries such as Japan, China and India. This is owning to the presence of key players like Newturn Automation Pvt. Ltd.in the region.
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The automatic gate and door opening system market is growing rapidly over 7% of CAGR and is expected to reach at approx. USD 18 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Automatic Gate and Door Opening System Market Research Report-Forecast to 2023”.
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.
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.
Automatic gate and door opening system market can be segmented on the basis of following:
By Access Control 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
By Power Source
Primary Power Source
Secondary Power Source
By End Users
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Raw Material Suppliers
Middleware and Firmware Providers
Suppliers and Distributors
Smart Home/City Service Providers
Government and Other Regulatory Bodies
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