PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485868
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1485868
Automatic Gate Opening System Market size was valued at USD 3,158.2 Million in 2023, expanding at a CAGR of 8.00% from 2024 to 2032.
The automatic gate-opening system is designed for convenience and ease of use, allowing doors to be opened without the need for manual intervention. These systems utilize advanced technologies such as radio frequencies or infrared laser beams to swiftly identify authorized users. The user then effortlessly unlocks the door with an access card, key fob, PIN code, fingerprint scanner, etc. This technology can be used as a standalone type with wireless transmitters for various types of gates or garage doors. Alternatively, it can be seamlessly integrated into existing electrical automation systems such as lighting control panels, making installation a breeze for home and building owners.
Automatic Gate Opening System Market- Market Dynamics
Urbanization and Industrial Modernization are Driving Market Growth for Automatic Gate-Opening Systems with Benefits
Rapid urbanization and modernization in various industrial and commercial sectors are the key drivers of market growth. Automatic gate and door systems provide benefits such as security and safety, no need for physical effort, durability, ease of entry and exit, privacy, and the ability to keep unauthorized humans or vehicles out, which are ultimately driving market growth. Furthermore, automatic gates and doors are durable and can be customized in size; their capacity to conserve space, as well as their availability in a variety of shapes and styles, are expected to drive market growth during the forecast period. Also, an increase in the senior population is expected to drive the global automatic gate and door-opening system market between 2024 and 2032. The rising need for residential security systems in various places has prompted individuals to choose high-tech devices that include an automated gate/door security system. For instance, in July 2022, CAME collaborated with Ozak Gecis Teknolojileri San Tic, a prominent Turkish maker of turnstiles, bollards, and traffic blocks. This collaboration allows CAME to strengthen its position in the global automatic gate-opening system industry, which includes both public and private regions. This will increase the company's customer base and market prominence.
Automatic Gate Opening System Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.00% over the forecast period (2024-2032)
Based on Access Control System segmentation, Sliding gates dominated the market in the year 2023
Based on Type segmentation, The card tag system sector was dominant in the market and held the largest market share in terms of revenue in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Automatic Gate Opening System Market is segmented on the basis of Access Control System, Type, End User, and Region.
The Access Control Systems market is classified into two categories: Card Tag Systems, Voice Recognition Systems, Face Identification Camera Systems, Iris Scan Systems, and Others. The card tag system sector dominated the market, accounting for the majority of revenue. Many IT organizations have recently adopted access control systems such as card control systems and fingerprint identification systems, resulting in a growth in the market for managing access to gates and other locations. The card tag and fingerprint system allow admission through the gate, improving the security and protection of the data in that region.
The market is divided into three types: swinging gates, sliding gates, and others. Sliding gates lead the market because they are widely utilized in movie theaters, retail malls, supermarkets, department stores, and government buildings. These doors use a variety of sensors to identify the presence of a person at a gate or entrance; they use PIR sensors, which are electrical sensors that detect infrared light emitted by the object in their field of view.