Automatic Gate Opening System Global Strategic Business Report 2024: Market to Reach $5.1 Billion by 2030 with Sliding Gate Opening Systems Accounting for 1.7 Billion


Dublin, May 16, 2024 (GLOBE NEWSWIRE) -- The "Automatic Gate Opening System - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Automatic Gate Opening System Market to Reach $5.1 Billion by 2030

The global market for Automatic Gate Opening System estimated at US$3.5 Billion in the year 2023, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2023-2030. Sliding Gate Opening System, one of the segments analyzed in the report, is expected to record a 7% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in the Swinging Gate Opening System segment is estimated at 5.5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 5.5% CAGR

The Automatic Gate Opening System market in the U.S. is estimated at US$1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$895.8 Million by the year 2030 trailing a CAGR of 5.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 4.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Key Attributes:

Report AttributeDetails
No. of Pages89
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$3.5 Billion
Forecasted Market Value (USD) by 2030$5.1 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal



MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Automatic Gate Opening System - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

FOCUS ON SELECT PLAYERS(Total 34 Featured)

  • Aleko products
  • Benica Group
  • Continental
  • Delphi automotive
  • Hella Kgaa Hueck
  • Johnson Electric
  • katres Automation
  • King gate SRL
  • Life home Integration
  • Magna International
  • Mitsuba Corporation
  • Panasonic Corporation

For more information about this report visit https://www.researchandmarkets.com/r/jhr6bc

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Automatic Gate Opening System Market

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