Market Synopsis:
The global expansion of construction activities and the requirement for increased building energy efficiency are propelling the market forward. Natural resources are becoming limited, and energy prices are rising. As a result, energy-efficient, sustainable building is becoming increasingly important. Intelligent energy-efficient management is especially important in large, public buildings to achieve the best energy balance. Door-closing systems and automatic gate systems that reliably close doors to prevent the thermal transfer and greatly cut energy usage. The usage of rotating doors and wind protection aids in the preservation of a good interior atmosphere. The separation of internal and exterior temperatures reduces noise while reducing energy waste and operating expenses connected with heating and air-conditioning systems.
The Global Automatic Gate And Door Opening System Market is expected to expand at 7.1% CAGR to reach USD 17.75 Billion by 2030 during the forecast 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
Security system, card identification system, and biometric authentication system categories led the market in 2019 and are projected to continue during the projected timeframe. Today, many IT companies use access card control systems, and biometric authentication methods drive the industry forward. The technology used to regulate entrance into or out of any location is an access control system. Based on the gate type, the automatic gate and door opening system market has been divided into six sections swinging gates, sliding gates, shutter systems, boom barriers, bollards and others. The end-user section is classified into six types commercial, transportation hubs, military, industrial, residential and others. Based on the regional section, the global market is further divided into five types like South America, North America, Europe, Asia-Pacific, and Middle East & Africa.
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Automatic Gate and Door Opening System Market – Geographical Analysis
The increase can be ascribed to the increased awareness of automatic gates and doors among end-users throughout the area. The growing need for residential, industrial, and commercial automation also propels the industry forward. North America has the greatest market for automatic gate and door opening systems. Because of the area’s high demand for industrial and residential automation, the region will dominate the worldwide Automatic Gate and Door Opening System market in terms of market share during the projected period. Because of a significant number of domestic firms providing automated gate and door opening solutions, the United States controls the majority of the North American market.
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.
Industrial News:
The worldwide automatic gate and door opening system marketis becoming more competitive as established players secure their position. The market is driving tremendous demand for AIS solutions due to significant advancements and a rise in cooperation between players and Homeland Security authorities.
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