SOURCE: MarketResearch.com

MarketResearch.com

September 19, 2011 11:08 ET

Gate & Door Opener Market to Reach $3 Billion by 2017

ROCKVILLE, MD--(Marketwire - Sep 19, 2011) - MarketResearch.com has announced the addition of the new report "Commercial and Industrial Gate and Door Opener Market Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017" to their collection of market reports. For more information, visit http://www.marketresearch.com/Wintergreen-Research-v739/Commercial-Industrial-Gate-Door-Opener-6510959/

The commercial and industrial door and gate opener industry has seen a launch of dynamic new openers. Innovation is core to the market growth of the industry. Companies participating in the market do an incredible amount of research, development, and testing before they are able to introduce a new product.

DC operation for operators has been evolving and one would think that solar driven systems will follow shortly. New systems are able to power down when they are not being used so as to decrease the power draw occurring when the operator is not in use.

Designs are undertaken by market research that includes but is not limited to an exhaustive consumer research study. Extensive fact gathering missions involve spending the blood, sweat, and tears in cranking out design and performance parameters. The research conducted by Genie revealed features needed by homeowners and builders alike.

According to Susan Eustis, lead author of the study, "High quality and performance, strength, sound, and many safety and convenience features are desired in the market. Direct drive screw, belt, and chain drive systems have these features in next generation products. Next generation product offerings take the market to an all-new level."

Commercial and industrial gate and door opener markets at $1.95 billion in 2010 are anticipated to reach $2.95 billion by 2017. Market growth will track the commercial building and manufacturing new construction and refurbishing markets. With anemic economic growth, refurbishing of existing buildings will account for much of the growth.

For more information, visit http://www.marketresearch.com/Wintergreen-Research-v739/Commercial-Industrial-Gate-Door-Opener-6510959/

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