Global Electric Gate Openers
Market Report
2024
The Global Electric Gate Openers market will grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Electric Gate Openers market will be USD XX billion in 2023 and grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Electric Gate Openers Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Market Split by Type |
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Market Split by Application |
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Market Split by Power Source |
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Market Split by Control Method |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Electric Gate Openers Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Electric gate openers are automated devices that make regulating access to residential, commercial, and industrial properties simple, secure, and effective. Due to their capacity to improve property security, curb attractiveness, and usability, these systems have experienced a substantial increase in popularity. Over the past ten years, the market for electric gate openers has grown significantly due to expanding urbanization, rising security concerns, and technological improvements.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the electric gate openers industry.
For instance, the Chamberlain Group introduced the myQ app in April 2021 to offer simple access experiences like Amazon Key In-Garage Delivery and control, protect, and monitor key entry points of homes at any time and from anywhere.
Electric gate openers aim to increase security by controlling property access. Secure access control systems are now more necessary than ever because of rising worries about theft, trespassing, and damage. Electric gate openers help increase security among property owners, company owners, and residents by discouraging unauthorized entry. Electric gate openers' convenience results in significant time and labor savings. Gate operation is made easier because homeowners and property managers are no longer required to open physically and close gates, especially during bad weather.
The 4 movable anchoring points and the rack and pinion meshing adjustment system make the FAA C4000I operator simple to install. Due to its close resemblance to the E124 control board, the integrated E4000I control board was simple to install and set up.
(Source: faac.biz/residential-gate-automation-installation-c4000i-in-the-uk/)
The level of convenience provided by electric gate openers surpasses that of manual gates. These gates can be opened by pressing a button, using a smartphone app, or even using voice commands in homes with smart technology. With this extra convenience, opening and closing gates manually are no longer necessary, making entry and exit quick and simple.
Electric gate openers' integration with smart home technology has completely changed the game. Users can remotely control gate entry through voice-activated devices, tablets, and smartphones. The ease of use and compatibility with other smart devices support market expansion. Remote access enables homeowners or property managers to open or close the gate while not on-site. Modern electric gate openers may be controlled from anywhere with an internet connection. Those seeking more security and control find this option to be very appealing.
NICE's most recent financial filings, the company's current revenue (TTM) is $2.27 Billion. The company's revenue in 2022 increased from $1.91 billion in 2021 to $2.18 billion. The revenue is the entire amount of money a business makes from selling products or services. Contrary to earnings, no deductions are made for expenses.
(Source: companiesmarketcap.com/nice/revenue/)
The safety features and obstacle-detecting sensors in contemporary electric gate openers reduce the possibility of accidents or damage. This increases security and lessens liability worries.
High initial expenses discourage potential clients, especially in price-sensitive sectors. Budget-constrained homeowners and businesses may put off installing gate openers or use alternative security and access control methods. Some customers and companies can be concerned about electric gate openers' return on investment (ROI), particularly if they are still looking for a pressing need for more convenience or security. They might put other home renovation projects ahead of gate automation. In addition to the gate opener's purchase price, installation costs include materials and labor. This may put a further financial strain on prospective clients, especially if expert installation is necessary.
The COVID-19 pandemic affected the market for electric gate openers positively and negatively. Many people spent more time at home during the pandemic due to lockdowns and other social isolation strategies. Home security became more of a priority, and electric gate openers were installed. People wanted to make their residential houses more secure, which benefitted the market. Like many other sectors, the electric gate opener industry had supply chain problems that slowed production and distribution. Longer lead times were caused by factory closings and transportation limitations affecting product supply.
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Electric gate openers are a very competitive industry with many different players. It comprises many electric gate opener suppliers, ranging from big, global companies to tiny, niche companies. Companies fight ferociously to offer cutting-edge solutions due to globalization and technical innovation.
(Source: faac.com.au/faac-acquires-from-assa-abloy-part-of-its-apd-and-hsd-business-in-europe/)
Top Companies Market Share in Electric Gate Openers Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Electric Gate Openers Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electric Gate Openers Industry growth. Electric Gate Openers market has been segmented with the help of its Type, Application Power Source, and others. Electric Gate Openers market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the sliding gate opener segment is expected to dominate the market for electric gate openers. Sliding gate openers frequently offer remote control options, enabling customers to conveniently open and close the gate from their car or house. They are equipped with safety features such as obstacle detection, auto-reverse, and safety beams to prevent accidents and guarantee user safety. Smart home systems can be combined with any sliding gate opener, allowing for remote control via smartphones and other smart devices.
The articulated arm gate opener is the second-most used product. Articulating arm gate openers are a common choice for residential and commercial purposes. They are readily available in various sizes and power ratings to suit gates of various sizes and weights, are rather simple to install, and require little upkeep. Articulated arm gate openers are relatively easy to install, even for DIYers. The arm can be mounted on either side of the gate post, and the gate can be made of wood, metal, or vinyl.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electric Gate Openers Industry. Request a Free Sample PDF!
Commercial application is the most popular offering in the electric gate openers market. Electric gate openers are used in hospitals, clinics, and other healthcare institutions to regulate access to parking lots and restricted areas. Protecting patients, personnel, and medical equipment requires security and controlled entry. Electric gate openers are used at airports, bus terminals, and other transportation hubs to control employee access, manage entry and departure points, and for security checkpoints. The security of passengers and airport employees depends on these measures.
According to Cognitive Market Research, industrial application is the second-most popular segment. Factories and manufacturing facilities use electric gate openers to secure property, manage access, and guarantee that only authorized people and vehicles can enter. Heavy-duty gate openers that can manage big, heavy gates are frequently used.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Electric Gate Openers market report 2024 Edition by contacting our team.
According to Cognitive Market Research, electric-powered are anticipated to lead the electric gate openers market. Electric gate openers that operate on AC (Alternating Current) are among the most popular models. Usually, 110V or 220V AC power from a regular electrical outlet is used to power them. These openers can be used for industrial, commercial, and residential purposes. They have a reputation for dependability and consistency in performance.
The electric gate openers for solar-powered offering ranks second in usage. Solar panels charge a battery that powers the gate opening in solar-powered gate openers. They are a green and economical choice, especially for gates placed in locations with sunlight access. Rural and off-grid areas are common places to find solar gate openers.
According to Cognitive Market Research, the electric gate openers market is expected to be dominated by remote control. The most typical way to remotely operate electric gates is with handheld transmitters, often known as gate remote controls or gate openers. When a button is touched, tiny wireless devices normally send signals to the gate opener. Users can keep these transmitters in their vehicles or on their person for simple gate entry.
In terms of utilization, the electric gate openers for smartphone app controls category rank second. Smartphone apps for gate openers enable users to open and close their gates from anywhere, as long as they have an internet or cellular data connection. This is especially useful for allowing visitors or service providers access when you're not at home.
According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for a share of more than 38% of the global revenue. Rapid urbanization is taking place in several countries in the Asia Pacific area, which is increasing demand for both residential and commercial real estate. Electric gate openers are in demand as metropolitan areas expand due to the increased requirement for security and gate automation solutions. Homeowners and companies in many Asian nations may now invest in home automation and security systems because of rising disposable incomes. Consumers find electric gate openers appealing because they provide convenience, safety, and increased property value. Security concerns heavily influence the adoption of gate openers. Due to rising awareness of security threats and property crimes, businesses and households in the Asia Pacific area are investing more and more in automated gate systems to improve their security.
North America is expected to be the fastest-growing region during the forecast period. Electric gate openers are commonly employed in commercial and industrial settings in addition to residential properties. Gate openers are used in sectors like transportation, manufacturing, and warehouses for effective access control, which furthers market growth. Innovative gate opener technologies, like biometric access management, wireless communication, and energy-efficient systems, are frequently introduced in North America, attracting customers looking for the newest features and improvements.
The current report Scope analyzes Electric Gate Openers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, North America is anticipated to be the fastest-growing electric gate openers market in 2023 and account for a share of more than 30% of the global revenue. The market for electric gate openers in North America is healthy and growing because of rising security concerns, a strong focus on smart home technology, and high disposable income levels. Market expansion is still being driven by urbanization and the demand for practical access control solutions, particularly in residential and commercial settings. The area also strongly emphasizes cutting-edge technologies, such as biometric access control and energy-saving solutions. Additionally, articulated arm gate openers are expected to be the fastest-growing electric gate openers market segment. Electromechanical articulated arm gate openers are suitable for residential applications where noise may be an issue because of how silently they operate. According to Cognitive Market Research, opportunities for energy-efficient electric gate openers, such as solar-powered systems that lower energy consumption and costs, are created by the increasing focus on environmentally friendly solutions. These factors create an opportunity for the electric gate openers market in the near future.
According to Cognitive Market Research, Europe's electric gate openers market in 2023 accounted for a share of more than 26% of the global revenue. The consistent expansion of the European electric gate openers market is attributed to the region's emphasis on convenience, security, and automation in both the residential and commercial sectors. Energy-efficient gate opener systems have been adopted due to Europe's commitment to sustainability. Stringent safety requirements and integration with smart home technology also help the market grow. Additionally, the commercial application segment dominates the electric gate openers market. Schools, colleges, and universities frequently use electric gate openers to manage automobile and pedestrian entry to their campuses. These systems improve safety and security, particularly when access must be limited at certain times. According to Cognitive Market Research, catering to different consumer preferences and architectural styles increases market appeal by offering customization options for gate design, materials, and aesthetics. This opens up the electric gate openers industry to potential in the near future.
According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for a share of more than 38% of the global revenue. The demand for better property protection and growing urbanization are driving the growth of the Asia Pacific electric gate openers market. The adoption of intelligent home automation systems and the need for practical access control solutions both support market growth. The area still dominates the electric gate opener market, emphasizing security and technological developments. Additionally, the sliding gate opener category leads the electric gate openers market. Sliding gate openers are appropriate for outdoor use because they are made to withstand inclement weather and offer long-term dependability. According to Cognitive Market Research, electric gate openers give a big opportunity for smart home system integration since they enable smartphone-based remote gate control, improving overall home automation. This opens up opportunities for the electric gate openers business in the near future.
According to Cognitive Market Research, the Latin America electric gate openers market in 2023 accounted for a share of more than 5% of the global revenue. Due to rising security concerns and consumer demand for convenience in both residential and commercial settings, the Latin American electric gate openers market is expanding steadily. Local manufacturers and international businesses that offer a variety of electric gate opener solutions are important players in the area. There is also a growing trend towards energy-efficient and intelligent gate opener systems to fulfill changing consumer demands. Additionally, the electric gate openers market's fastest-growing category is anticipated to be industrial applications. Warehouses and distribution centers use electric gate openers to control access to loading zones and storage areas, preventing theft and unauthorized entry. Automated systems improve logistical operations' efficiency. According to Cognitive Market Research, the functionality and security of electric gate openers can be improved by creating cutting-edge monitoring and access control features like video intercoms and remote monitoring through mobile apps. In the near future, this creates an opportunity for the electric gate openers market.
According to Cognitive Market Research, the Middle East and Africa electric gate openers market in 2023 accounted for a share of more than 1.00% of the global revenue. The market for electric gate openers in the Middle East and Africa is developing as security, automation, and urban growth are given more attention. Solar-powered gate openers are being adopted more frequently in areas with plenty of sunlight. Market expansion is facilitated by integration with smart home technology and strict safety regulations. Additionally, the electric gate openers market segment predicted to increase fastest is solar-powered. Battery systems are frequently incorporated with solar gate openers to store excess energy, ensuring continuous operation in low light or at night. According to Cognitive Market Research, electric gate openers have tremendous opportunities in the commercial and industrial sectors, where firms progressively invest in security and access control systems. In the near future, electric gate openers market chances will arise due to these factors.
Senior Research Analyst at Cognitive Market Research
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
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The Global Electric Gate Openers Market is witnessing significant growth in the near future.
In 2023, the Sliding Gate Opener segment accounted for noticeable share of global Electric Gate Openers Market and is projected to experience significant growth in the near future.
The Resident segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies FAAC Group , Chamberlain Group and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Sliding Gate Opener, Swing Gate Opener, Articulated Arm Gate Opener, Column-Mounted Gate Opener, Underground Gate Opener, Others |
Application | Resident, Commercial, Industrial, Public Infrastructure, Security Facilities, Others |
Power Source | Battery-Powered, Solar-Powered, Electric-Powered |
Control Method | Remote Control, Smartphone App Controls, Keypad/Access Control, Push Button Control, Others |
List of Competitors | FAAC Group, The Nice Group, Chamberlain Group, Nortek Security & Control, DoorKing, ELKA-Torantriebe GmbH, Novoferm Group, Bisen Smart, Xianfeng Machinery, PROTECO, ASSA ABLOY, Dalian Master Door, VMAG, Shinsei Seiki |
This chapter will help you gain GLOBAL Market Analysis of Electric Gate Openers. Further deep in this chapter, you will be able to review Global Electric Gate Openers Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Electric Gate Openers Market Trends North America Electric Gate Openers Technological Road Map North America Electric Gate Openers Market Drivers North America Electric Gate Openers Market Restraints North America Electric Gate Openers Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Power Source Analysis 2019 -2031
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Chapter 13 Market Split by Control Method Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electric Gate Openers market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sliding Gate Opener have a significant impact on Electric Gate Openers market? |
What are the key factors affecting the Sliding Gate Opener and Swing Gate Opener of Electric Gate Openers Market? |
What is the CAGR/Growth Rate of Resident during the forecast period? |
By type, which segment accounted for largest share of the global Electric Gate Openers Market? |
Which region is expected to dominate the global Electric Gate Openers Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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