Automatic Gate Opening System Market

According to Stratistics MRC, the Global Automatic Gate Opening System Market is accounted for $10.8 billion in 2022 and is expected to reach $17.9 billion by 2028 growing at a CAGR of 8.7% during the forecast period. By removing the need to physically open gates in order to gain entry to a location, whether it be residential or commercial, automatic gate openers save time. They are especially helpful when it is raining or there is other bad weather. There are various ways to unlock an electric gate. Some possibilities for automatic gates include remote control, card readers, and keypads, while more sophisticated ones feature sensors that detect specific signals to allow entrance. Automatic gates are reliable, strong, and available in a range of sizes. It serves as a property's initial security system and instills a sense of security. The door can be fitted with a maglock for added security.



Market Dynamics:

Driver:

Rising awareness

Another significant reason that will support the expansion of this business is the growing knowledge of the various benefits provided by these automatic gates and door systems, such as increased security and much reduced energy consumption. Every type of person can easily afford the very cheap operating costs involved with these devices. Furthermore, the fact that these doors are highly sturdy and durable, easy to handle, and can be customised in terms of design and size is a crucial element that will accelerate the market's expansion.

Restraint:

The negative aspects of automatic gates

The sole point from which a person or vehicle can enter or leave the property is through gates and doors, which are both powered by electricity. Therefore, in circumstances like a power outage, which causes the consumers to experience many problems, the door closes automatically and cannot be opened without a technician's help. These doors have extremely high and cutting-edge security, which makes it possible for very serious physical injury to be done as a result. This is yet another element that can limit the growth of this market.

Opportunity:

Rapid development in urban areas

The primary forces behind the market's expansion are metropolitan regions' rapid development and the various industrial and commercial sectors' increasing modernization. The advantages that automatic gate and door systems offer, such as security and safety, the lack of any physical exertion required, durability, convenience when entering and exiting the automatic gates, privacy, and the capacity to prevent unauthorised people or vehicles from entering the gate or door, are ultimately driving the market's expansion.

Threat:

Higher installation costs

Installation of automatic gates is not simple since there are numerous styles, automation kinds, materials, colours, and opening mechanisms to pick from. These gates are more expensive as a result of the necessity of a thorough site analysis before the gates can be placed, as well as the need for expert staff. It is also predicted that a number of problems, including limited remote control range, the gate stopping before fully opening, cable faults, temperature impacts, etc., will impede market expansion.

Covid-19 Impact

The majority of the market's manufacturing, developing, production, and logistical divisions have had a very difficult time as a result of the corona virus epidemic. Governments in several nations placed limitations as a result of this pandemic situation. Although there were not many effects, this industry still encountered a number of difficulties, including supply chain disruptions, issues with delivery of finished goods, and difficulty luring personnel away from home quarantines. Additionally, due to the pandemic's suspension of construction activity, sales and production of these automatic doors and gates fell sharply. However, it is believed that once the pandemic restrictions are relaxed, the business would quickly rebound strongly.

The remote control segment is expected to be the largest during the forecast period

The remote control segment is estimated to have a lucrative growth, due to increasing application of automatic barriers to enhance security and safety. A security system known as a remote control automatic gate-opening system employs a remote control to open or close the gates of a security perimeter. It operates by sending a signal to the gate's control panel, which subsequently turns the gates on or off. It is frequently utilised in residential and business contexts, as well as at transit hubs and military locations.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment is anticipated to witness the fastest CAGR growth during the forecast period, due to rising awareness about security among consumers. Due to growing safety concerns surrounding unauthorised entry into certain locations, automated gates are frequently utilised at transportation hubs like airports, railway stations, bus stops and roads. Authorities have used automated systems to ensure safety at these locations due to growing urbanisation and rising passenger traffic at transport facilities, which is likely to fuel growth.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to growing awareness about the automatic gates and doors among the end users based across the region. It is projected that the demand in this region will be driven by the rising number of construction activities in various nations. Additionally, it is anticipated that increasing government spending in enhancing infrastructure and public safety will spur market expansion.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to increasing demand of residential, industrial and commercial automation. The market is expected to expand as a result of rising automatic gate installations in new building projects and rising demand for automatic barriers throughout residential areas and transport hubs to improve security and safety.



Key players in the market

Some of the key players profiled in the Automatic Gate Opening System Market include King gate SRL, Panasonic Corporation, Magna International, Delphi automotive, Mitsuba Corporation, Aleko products, Life home Integration, Benica Group, Johnson Electric, Continental, katres Automation, Hella Kgaa Hueck, Gandhi Automations, CAME.

Key Developments:

In October 2022, Beninca Group launched a new series of HI-MOTIONS telescopic gates and fast motors at Equipe Baie Fair 2022.

In July 2022, CAME made partnership with Özak Geçi? Teknolojileri San Tic, which is one of the leading Turkish manufacturers of turnstiles, bollards and road blockers. This partnership allows CAME to expand strong place in the global automatic gate and door opening system market for both public spaces and urban places.

Types Covered:
• Bollards
• Swinging Gates
• Shutter System
• Boom Barriers
• Sliding Gates
• Other Types

Components Covered:
• Motors
• Access Control System
• Other Components

End Users Covered:
• Industries
• Residential
• Transportation Hubs
• Retails
• Military
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances