Global Gate Openers Market Growth 2023-2029

Global Gate Openers Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Gate Openers Industry Forecast” looks at past sales and reviews total world Gate Openers sales in 2022, providing a comprehensive analysis by region and market sector of projected Gate Openers sales for 2023 through 2029. With Gate Openers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gate Openers industry.

This Insight Report provides a comprehensive analysis of the global Gate Openers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gate Openers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gate Openers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gate Openers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gate Openers.

The global Gate Openers market size is projected to grow from US$ 1091.6 million in 2022 to US$ 1598.7 million in 2029; it is expected to grow at a CAGR of 1598.7 from 2023 to 2029.

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%.

This report presents a comprehensive overview, market shares, and growth opportunities of Gate Openers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Sliding Gate Opener
Swing Gate Opener

Segmentation by application
Resident Application
Commercial Application
Industrial Application
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gate Openers market?

What factors are driving Gate Openers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gate Openers market opportunities vary by end market size?

How does Gate Openers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.