The global Gate Openers market was valued at US$ 1021.6 million in 2020 and it is expected to reach US$ 1532.6 million by the end of 2027, growing at a CAGR of 5.4% during 2021-2027.
Gate opener is a mechanical device which provides a convenient way to access the home and add an additional layer of safety and security for family and pets. A gate opener is used to open and close a gate automatically via a wireless transmitter (such as a remote controller) or a manual device. A gate opener can be operated by drawing power from the grid to open a driveway gate or fitted with low-voltage systems such as solar panels.
Global gate openers main players are FAAC Group, The Nice Group, Chamberlain Group, Xianfeng Machinery, etc. Global top 3 manufacturers hold a share over 25%. Europe is the largest market, with a share over 40%.
Global Gate Openers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Gate Openers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-gate-openers-market-outlook
Segment by Type
- Sliding Gate Opener
- Swing Gate Opener
Segment by Application
- Resident Application
- Commercial Application
- Industrial Application
- Others
Table of Content:
1 Gate Openers Market Overview
2 Gate Openers Market Competition by Manufacturers
3 Gate Openers Retrospective Market Scenario by Region
4 Global Gate Openers Historic Market Analysis by Type
5 Global Gate Openers Historic Market Analysis by Application
6 Key Companies Profiled
7 Gate Openers Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Gate Openers Market Dynamics
10 Global Gate Openers Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.