New York, NY -- (SBWIRE) -- 11/18/2016 -- Automatic Gate Opening System Market: Introduction
With the increasing need for automation in industrial and residential sectors automating gates has become one of the primarily concerns for end-users. Also increasing urbanization and infrastructural development such as shopping malls, hyper & super markets has also led to increase in the demand for automated equipment's in order to reduce the overall labor cost. Automatic gate opening systems can be defined as gate integrated with electronic components such as proximity sensors, actuators and controlling software primarily to reduce human effort in opening and closing of gates. These systems are primarily used in traffic areas where opening and closing frequency of gate is high such as shopping malls, theaters, industrial warehouses and electronic toll collection systems.
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Automatic Gate Opening System Market Dynamics
Increasing need for automation in industries combined with technological advancements in automatic gate opening systems is primarily increasing their adoption in industrial and commercial applications. Also road infrastructure development resulting in increased road transportation with the improvement in connectivity between cities and towns is also driving the growth of global automatic gate opening systems market.
Key players are integrating secondary components such as counters and tire killer in automatic gate opening systems providing additional applications which in turn is likely to increase their adoption over the forecast period.
High installation cost combined with high operating maintenance cost resulting in long payback period is primarily restraining the growth of global automatic gate opening systems market.
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Automatic Gate Opening System: Regional Outlook
Global Automatic Gate opening systems market is segmented into seven key regions namely North America, Latin America, Western and Eastern Europe, APEJ, MEA and Japan. By region, APEJ market is expected to represent a significant CAGR primarily due to increasing infrastructure development. Increase in the number of vehicles owing to increase in consumer spending is primarily driving the growth of Automatic Gate Opening Systems market in North America.