Powered gate market forecast to witness phenomenal growth opportunities by 2024

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Powered Gate Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Application Analysis of Powered Gate Market

• Powered Gate Market size will witness noticeable
  growth owing to increasing hands-free
  applications in end use industries including
  automotive, retail, residential, commercial.
  Strong application outlook for mall gates, office
  gates, residential house, passenger car, light
  commercial vehicle, buses will drive the product
  demand.
• These are electronic automation device that
  electronically opens or close doors, windows,
  sunroof etc. Increasing demand of automation
  globally is rising adoption of these gates in
  automated applications.
• Surging adoption of luxury features in passenger
  cars will propel the demand of the product in
  forecast timeframe. Government spending on
  improving infrastructure along with modernizing
  localities is fueling infrastructure projects.
  This leads to implementation of automated gates,
  supporting powered gate market.

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• Based on product powered gate market is
  bifurcated as window, sunroof, rear gate,
  convertible roof, sliding gates and side doors.
  Power windows holds dominant market share in
  automated gates, as demand of automated windows
  is on rise in passenger vehicles that includes
  premium vehicle, commercial vehicles electric
  hybrid vehicle.
• Sunroof is the most preferred luxury feature in
  passenger cars including premium vehicle, hybrid
  SUV vehicles. Majority of vehicle manufacturer
  install sunroof in most of the high-end luxury
  car segment. Improved awareness and rising
  disposable income of vehicle owners has boosted
  luxury cars sales, leading to growth in powered
  gate market.
• Sliding doors will depict a substantial growth
  rate in near future for its rising adoption in
  most of commercial and industrial applications,
  these are most preferred in shopping malls, and
  commercial spaces. Enhanced living standard
  coupled with rising urbanization will fuel the
  trend of shopping among youngsters, propelling
  powered gate market.

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Regional Analysis of Powered Gate Market

• North America is expected to witness significant
  growth during the forecast timeframe owing to
  positive outlook of automated doors in its
  countries. The region has developed
  infrastructure with wide adoption of residential
  automation. Improved Further, U.S. is a hub for
  major pharmaceutical companies that deploy these
  powered gates for security and safety purpose.
  Rising food beverage and aviation industry is
  anticipated to propel powered gates market in the
  region till 2024.
• Europe is expected to register fastest growth in
  powered gate market due to its ever-increasing
  and well-established automobile industry. Germany
  is a hub for high-end luxury car manufacturers
  such as Volkswagen, Mercedes, etc. Growth in
  adoption of power windows in these cars will
  maintain the dominance of the region in powered
  gate market.

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Competitive Market Share of Powered Gate Market

• Delphi automotive
• ohnson Electric
• Magna International
• Mitsuba Corporation
• Continental
• Hella Kgaa Hueck
• Panasonic Corporation
• katres Automation
• Benica Group
• Life home Integration
• King gate SRL.

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