Market Synopsis:
The Global Automatic Gate And Door Opening System Market is expected to expand at 6.8?GR to reach USD 14,238.3 Million by 2025 during the forecast period.As per the analysis, the market is set to scale a decent valuation of USD 18 Bn towards the end of the assessment period. The towering demand for automation in both residential and industrial applications has been projected to augment the global market in the years to come.
Industry 4.0 is expected to proliferate the applications of automatic door opening systems across different verticals over the next couple of years. In addition, the skyrocketing demand for smart buildings has been projected to favor the expansion of the automatic gate and door opening system market across the review period. Urbanization and rapid industrialization are identified to emerge as the key factors driving the growth of the market.
The strengthening position of the global economy has been expected to have a positive influence on the growth of the automatic gate and door opening system market in the forthcoming years. Rising disposable income in conjunction with elevated standards of living is prognosticated to catapult the market on an upward trajectory.
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Key Players:
The prominent players in Covid-19 Impact on 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.
Global Automatic Gate and Door Opening System Market – Segmentation
The MRFR analysis is segmented into five key dynamics for the convenience of understanding;
Automatic Gate and Door Opening System Market – Geographical Analysis
North America region leads the global automatic gate and door opening system market and is expected to witness a fabulous market growth during the review period. Technological advancement and increased adoption of automation across the residential and industrial construction projects are some of the key driving forces for this market growth. The growth is predominantly driven by the augmented demand & availability of quality automated system in the region.
The US market, backed by a well-established infrastructure which allows implementation of advanced technologies, accounts for the dominating market in the region. High standard of living is another factor driving the growth of automatic gate and door opening system in the region.
Europe is another lucrative market for automatic gate and door opening system with a substantial market share. The market is poised to witnessing a huge growth over the assessment period. The increasing adoption of automation and smart homes project are stimulating the market growth in the region. Also, the proliferation of smart and connected devices along with the penetration of Internet is substantiating the market growth.
In Europe, the product installation is extensively adopted for carrying out efficient The market is poised to witnessing a huge growth over the assessment period. Simultaneously, the regulatory mandates introduced in the region coupled with the presence of large untapped consumer base are providing impetus to the market growth.
Whereas, Asia-Pacific market for Automatic Gate and Door Opening System is witnessing a rapid expansion stage due to the growing markets in India, China & Japan. The wide adoption of connected devices and the presence of sensors manufacturing companies are some of the driving forces behind the market growth in India and China, which is placing these countries at the leading positions in the region. The APAC market of automatic gate and door opening system has been valued considerably which is estimated to grow further by the end of the forecasted period.
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Intended Audience
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