ID: MRFR/SEM/2747-CR | February 2020 | Region: Global | 100 pages
Automatic Gate and Door Opening System Market Overview:
The Global Automatic Gate And Door Opening System Market is expected to expand at 6.8% CAGR to reach USD 14,238.3 Million by 2025 during the forecast period.
Automatic gates are used to manage entrance into a secured area. Its main function is to restrict unauthorized invaders into the premises by using active and passive security devices. These automatic doors are present in every form such as sliding doors, gates, garage doors, and shutters. These automatic systems are used to open gates and doors without any human effort. Various kinds of sensors are used in such doors as PIR, laser, and radar sensors.
Automatic Gate and Door Opening System Market COVID -19 Analysis:
The coronavirus pandemic has given a very hard time to most of the manufacturing, developing, production, and logistic units of the market. Due to this pandemic situation, restrictions were imposed by the government of different countries. No doubt this industry was not affected much but has faced various challenges like supply chain disruptions, problems in delivering end products and attracting workers from home quarantines. It doesn’t matter whether it is a home, business premises, or public property owners want to have full access to guarantee full security. Also, the construction activities were shut down during the pandemic so the sales and manufacturing of these automatic doors and gates decreased drastically. But it is anticipated that as soon as these Covid-19 restrictions are lifted the industry will make a strong comeback in a very short interval of time.
Automatic Gate and Door Opening System Market Dynamics:
Factors such as prompt industrialization and constant growth of the real estate sector are some of the basic factors responsible for the growth of this market. Also due to rising number of commercial projects in many countries that adopt industrial automation techniques is another factor that will drive the growth of this market to a large extent. Also the rising awareness about different advantages offered by these automatic gates and doors systems like improved security and consumes very low energy is another major factor that will enhance the growth of this industry. The cost of operation associated with these systems is very low and can be afforded very easily by every type of person. In addition to that, these doors are very strong & durable, easy to handle, and can be customized in terms of design and size is another major factor that will intensify the expansion of this market. The global revenue produced by the AI sector is about 85.3 billion every year and the use of this technology in the doors and gates will further enhance it to a figure of 89.8 billion by 2028.
Automatic Gate and Door Opening System Market Restraints:
Initially, the massive cost associated with the establishment of these automatic doors and gates is one of the major factors that may hamper the growth of this market. No doubt security associated with these doors is very high and advanced and due to that very severe physical harm can be caused by it. This is another factor that may restrict the development of this market. These doors need to be maintained properly and require service at regular intervals and a very high cost is incurred by the consumer on the maintenance very time. So this is one more factor that may hinder the expansion of this industry. Gates and doors are the only passage from where a person and vehicle can enter or exit the premises and these gates are powered by electricity. So in situations such as power failure due to which the consumers have to face many problems and one of them is that the door gets closed automatically and cannot be opened without the assistance of a technician which in turn is one more factor that may limit the amplification of this industry.
Automatic Gate and Door Opening System Market Technology Analysis:
Many key players of this market are making gates and doors having inbuilt fingerprint identification, voice & face recognition, and iris scan technology. Also, such types of gates can be controlled by remote and even the consumer’s mobile phone too. AI technologies are being used in these doors and gates so that they can be used in the defense industry.
Automatic Gate and Door Opening System Market Study Objectives:
|Market Size||USD 14,238.3 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Access Control System, Gate Type, End User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Newturn Automation Pvt. Ltd (India), ABA Automatic Entrance Specialists (Australia), Proteco S.R.L (Italy), CAME (Italy), Aleko Products (US), Katres Automation (India), R.I.B S.R.L (Italy), King Gates S.R.L (Italy), Beninca Group (Italy), and Home Life Integration (Italy)|
|Key Market Opportunities||Rapid industrialization and steady growth of the real-estate sector.|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The valuation for the automatic gate and door opening system market can value at USD 14,238.3 Mn by 2025.
The automatic gate and door opening system market is expected to surge at 6.8% CAGR from 2018 to 2025.
Swinging gates, shutter systems, and sliding gates are gate types segment of the automatic gate and door opening system.
transportation hubs, commercial, and industrial are end-users of automatic gate and door opening system.
Fingerprint identification system, card tag system, face identification camera system, and voice recognition system are types of access systems.
King Gates S.R.L (Italy), Home Life Integration (Italy), and Beninca Group (Italy) are some reputed companies in the global automatic gate and door opening system market.