Global Automatic Gate and Door Opening System Market Overview
The Global Automatic
Gate and Door Opening System Market is expected to reach USD 14,238.3 Million by 2025, growing
at a CAGR of 6.8% during the forecast period (2018–2025). 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.
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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 6.9%.
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.
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