Growing demand in the residential and transport sectors is expected to drive forward the Automatic Barriers market, which is set to increase at a CAGR of 6.0% between 2018 and 2026, a recent market research from Persistence Market Research has been able to suggest.
The report titled ‘Automatic Gate Opening System Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026’ reveals that global sales of automatic gate opening systems have reached an estimate value US$ 2,279.2 Mn at the end of 2017. Europe is estimated to account for a value share of 29.9% in the global automatic gate opening system market by 2018 end and it is anticipated to retain its dominance throughout the forecast period.
A major factor driving the growth of the global automatic gate opening system market, in the current scenario, is the growth in construction activities and increasing infrastructure investments across the globe. Ease of handle and installation of automatic bollards, the upgrades in manufacturing technologies for automatic gates, growing demand for automatic barriers across transportation and residential applications are other factors expected to boost the growth of the market.
The global automatic gate opening system market is also expected to face some challenges. The installation of automatic gates is not particularly easy and owners opt for different styles of gates – automation type gates, gates made of different materials with different ways of opening.
Automatic gates, as compared to simple gates, possess complex designs in order to work efficiently and effectively in every manner. On the other hand, automatic gates require significant investments as compared to simple ones, owing to the various electrical, electronic and mechanical parts integrated with former gates.
The proper study of the site where the gates need to be installed along with requirement of skilled labours are the prime pricing factors that lead to the high cost of gates.
Car Park Barriers & Turnstiles – Expert Suppliers of Automated Gates and Opening Systems
Car Park Barriers & Turnstiles is a market leader in the field of site access restriction and control solutions, our extensive range of products also including a lineup of solid, reliable and affordable gates, all of which are developed and installed following the latest rules and regulations in this field.
Our automatic gates will easily accommodate high traffic volumes, even under severe operating conditions, and require no routine maintenance. Each gate is individually adjusted to meet the user’s needs, ensuring exceptional durability and delivering longer lasting, problem-free operation.
If you’d like to find out more about the range of products and solutions supplied by Car Park Barriers & Turnstiles, just contact our team, they’ll be more than happy to help you and provide a very competitive quote.