The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing popularity of home automation is expected to drive innovation in gate opener manufacturing, driving the market during the forecast period.

The global gate openers market is expected to grow from $1.46 billion in 2022 to $1.55 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The gate openers market is expected to grow to $1.89 billion in 2027 at a CAGR of 5.1%.

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Global Gate Openers Market Segments Include:

• By Type: Sliding Gate Opener, Swing Gate Opener, Other Types
• By Product Type: Linear Ram, Underground, Articulated Ram, Sliding, Other Product Type
• By Application: Residential, Commercial, Industrial, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global gate openers market in 2021.

Major Market Players in the gate openers market include FAAC Group, Chamberlain Group, Nice North America, DoorKing Inc., Novoferm Group, ELKA-Torantriebe GmbH u. Co. Betriebs KG, Bisen Smart Access Co Ltd.

The key trend that is gaining popularity in the gate opener market in the future is technological advancement. To gain a competitive advantage in the market, major market players are focusing on research and development for product advancements. LiftMaster, a US-based company that designs and engineers residential gate openers, commercial gate operators, and gate entry systems, for example, introduced the IHSL24UL, a heavy-duty slide gate operator for moving the largest and heaviest gates used in industrial and guarded industrial applications, in July 2022. The IHSL24UL industrial operator can handle sliding gates weighing up to 5,500 pounds and measuring up to 90 feet in length. Furthermore, IHSL24UL includes heavy-duty driving systems and brushless DC motors that provide high push power with industrial robustness to meet the needs of Class III & IV applications such as manufacturing, transportation, municipality, utility, and warehouse environments.

The Gate Openers Global Market Report 2023  provides a gate openers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032).  The gate openers market forecast analyzes gate openers market size, gate openers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Gate openers are mechanical systems that move the gate to provide the motion to open and close the gate with an added layer of security.

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