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 Attribute | Details |
| No. of Pages | 89 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3.5 Billion |
| Forecasted Market Value (USD) by 2030 | $5.1 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
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
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
