The powered gates market is anticipated to grow at a significant CAGR of 5.5% during the forecast period (2022-2028). Powered gates aid in the rapid management of very congested traffic by limiting entry to only authorized people. Furthermore, to ease entry, these powered gates are combined with a variety of access control systems, including intercom call routing, hands-free access systems, contactless smart cards, and keypads, among others. The powered gates market is expected to develop due to the rising demand and use of powered gates in transportation hubs and residential areas to improve security and safety in the region.
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The global powered gates market is segmented based on the type, access control system, and end-user. Based on the type, the market is sub-segmented into swinging, sliding, shutter, barrier, overhead gates, boom barriers, and bollards. Among these types, the sliding segment is expected to propel the growth of the market due to the increasing demand and usage of sliding-powered gates in various industries globally. Based on the access control system, the market is sub-segmented into the keypad, remote control, voice recognition, face identification, iris scan, telephone access, and others. Based on the end-user, the market is sub-segmented into residential, transportation hubs, military, industrial use, retail, and others.
The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2020, Ring launched the Ring Access Controller Pro. It is an app-enabled access-control system. The gadget, according to Ring, works with electronic entry gates and must be connected and installed by a specialist. Users should be able to operate their gate using the Ring app on their phones after it’s been loaded. The Access Controller Pro may also be used in conjunction with a Ring doorbell or security camera to observe who is at the gate and then let them in using the same app.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Access Control System
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- The Chamberlain Group Inc., Nice SPA, TiSO Co., Macs Automated Bollard Systems Ltd, Pilomat SRL, Gandhi Automations Pvt Ltd, RIB SRL, Faac Group, and Zhejiang Xianfeng Machinery Co. Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Powered Gates Market Report by Segment
By Type
- Swinging
- Sliding
- Shutter
- Barrier
- Overhead Gates
- Boom Barriers
- Bollards
By Access Control System
- Keypad
- Remote Control
- Voice Recognition
- Face Identification
- Iris Scan
- Telephone Access
- Others
By End-User
- Residential
- Transportation Hubs
- Military
- Industrial Use
- Retails
- Others
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