QYResearch: Global Gate Operator Market will reach 1424 M USD by 2022
Author: Che Hewei
Company: QYResearch
A gate operator is a mechanical device used to open and close a gate, such as one at the end of a driveway. There are two main types of electric gate openers – hydraulic or electromechanical; these can be further split into the following categories, worm (or screw) driven, arm openers and underground openers. Automatic and Electric Gate operators are designed for both swinging and sliding gates. They can be programmed to open and close with a wireless transmitter or a manual device. Low Voltage Automatic Gate openers can also be fitted with solar panels to ensure function during loss of electricity or blackouts.
The top players cover Chamberlain Group, Dorene, Al Kuhaimi Metal Industries, HySecurity and Eagle Access Control Systems, Nice Group, Xianfeng Machinery, Viking Access, ATA, Mighty Mule, Aleko, USAutomatic, etc. These companies account for 32% of the market share.
The "Global Gate Operator Market Research Report 2017" released by QYResearch shows that the global Gate Operator market is valued at 1131 million USD in 2016 and is expected to reach 1424 million USD by the end of 2022, growing at a CAGR of 3.90% between 2016 and 2022. North America, Europe and China are remarkable in the global Gate Operator market because of their economic status and technology status. And the production share of North America, Europe and China were 33%, 26% and 20% respectively in 2016.
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