Skip to main content

Automatic Gate Opening System Market Poised to Expand at 6.0% CAGR During 2018-2026

Persistence Market Research delivers key insights on the global automatic gate opening system market in its latest report titled ‘Automatic Gate Opening System Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026.’ The long-term outlook on the global automatic gate opening system market remains positive with the market value expected to increase at a CAGR of 6.0% during the forecast period (2018 – 2026). Among all segments classified on the basis of the form of gates, the overhead gates segment is expected to expand at a significant CAGR in terms of value over the forecast period. Global sales of automatic gate opening systems was valued at US$ 2,279.2 Mn by the end of 2017. Europe is estimated to account for a value share of 29.9% in the global automatic gate opening system market by 2018 end and it is anticipated to retain its dominance throughout the forecast period. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.
A major factor driving the growth of the global automatic gate opening system market, in the present scenario, is the growth in construction activities and increasing infrastructure investments across the globe. Ease of handle and installation of automatic bollards, up gradation of production technology for automatic gates, growing demand for automatic barriers across transportation and residential applications are other factors expected to boost the growth of the market.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11152
The global automatic gate opening system market is also expected to face some challenges. The installation of automatic gates is not particularly easy and owners opt for different styles of gates – automation type gates, gates made of different materials with different ways of opening. Automatic gates, as compared to simple gates, possess complex designs in order to work efficiently and effectively in every manner. On the other hand, automatic gates require significant investments as compared to simple ones, owing to the various electrical, electronic and mechanical parts integrated with former gates. The proper study of the site where the gates need to be installed along with requirement of skilled labours are the prime pricing factors that lead to the high cost of gates.
Segmentation Analysis
The automatic gate opening system market can be segmented on the basis of the form of gates, access control systems and source of power, end user and region.
  • On the basis of the form of gate, the automatic sliding gates segment is anticipated to dominate the market in terms of volume over the forecast period
  • In terms of value, the remote control segment is estimated to account for nearly 21.9% of the global automatic gate opening system market and reach US$ 527.5 Mn by the end of 2017
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/11152
Regional Market Projections
Europe is a leading market for automatic gate opening systems, accounting for over a 29.6% market share in terms of revenue in the global automatic gate opening system market by the end of 2018. The region’s dominance can be attributed to the significant use of automatic sliding gates and boom barriers across residential, commercial and industrial use. The Asia Pacific Automatic Gate Opening System market is projected to witness significant growth in terms of value in the global automatic gate opening system market over the forecast period, exhibiting a CAGR of 7.7% over the forecast period. This can further be attributed to the growth in China, India, Japan and Australia & New Zealand, among other Asia Pacific countries.
Vendor Insights
The report highlights some of the top companies operating in the global automatic gate opening system market such as The Chamberlain Group Inc., Nice S.p.A., CAME BPT UK, TiSO Company, Macs Automated Bollard Systems Ltd, PILOMAT s.r.l., Gandhi Automations Pvt Ltd, RIB srl, FAAC Group, CASIT s.n.c. di C.C.Ramella & C, Ditec Entrematic, and Zhejiang Xianfeng Machinery Co., Ltd., among other regional players.
Know More About Report@ https://www.persistencemarketresearch.com/mediarelease/automatic-gate-opening-system-market.asp

Comments

Popular posts from this blog

Collaborative Robot (Cobot) Market Insights Deep Analysis 2022-2030

  With the advancements in technology, robotics is becoming available at a price that suits the pockets of even smaller as well as bigger companies. All thanks to the development of low-cost components, which have paved way for the   upsurge of the collaborative robots or cobots  .Collaborative robots are intended to collaborate with humans at work sites, and hence making automation a trouble-free job for businesses of all sizes. By now, cobots have been seen as a game-changer for a wide variety of applications. W hy cobots over traditional robots? The new robotics technology is outdoing the weighty, daunting robots usually locked in the cages for security reasons. Now, it’s time to make use of cobots in those heavy industrial tasks! These robots are quite affordable, safe, and flexible to deploy. They are programmed to work in collaboration with humans and not under humans—unlike traditional robots. With these advanced-automated robots, you can forget the cages and make ...

Contactless Payment Market size share growth analysis market demand

  Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @  https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, ...

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

  Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive,  aerospace 3D printing market  forecast shall cross  $5,933.4 million by 2026 , growing at a  CAGR of 26.8%  during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance,   National Aerospace Technology Exploitation Programme grants £140,000 funds for...