Technology

Industrial Safety Gates Market to grow by USD 140.9 Million from 2024-2028, driven by self-closing gate features, AI-powered report highlights market trends – Technavio

Published

3 months ago

October 8, 2024

NEW YORK, Oct. 8, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Industrial Safety Gates Market size is estimated to grow by USD 140.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.15% during the forecast period. Provision of self-closing and opening of gates is driving market growth, with a trend towards high demand for industrial safety gates from telecom industry. However, fluctuating raw material prices required for industrial safety gates poses a challenge – Key market players include Abbey Gates, Ametco Manufacturing Corp., ARA Group Ltd., ASSA ABLOY AB, Avians Innovations Technology Pvt Ltd., Avon Barrier Corp. Ltd., Benko Products Inc., FAAC Spa, Fabenco Inc., Frontier Pitts Ltd., Intrepid Industries Inc., Kee Safety Inc., Mezzanine Safeti Gates Inc., Proactive Group Australia, Procter Brothers Ltd., PS Industries Inc., Safety Rail Co. LLC, Tymetal, U.S. Netting Inc., and Wilcox Door Service.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Swing gates, Vertical lift gates, and Others), Distribution Channel (Direct sales and Indirect sales), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Abbey Gates, Ametco Manufacturing Corp., ARA Group Ltd., ASSA ABLOY AB, Avians Innovations Technology Pvt Ltd., Avon Barrier Corp. Ltd., Benko Products Inc., FAAC Spa, Fabenco Inc., Frontier Pitts Ltd., Intrepid Industries Inc., Kee Safety Inc., Mezzanine Safeti Gates Inc., Proactive Group Australia, Procter Brothers Ltd., PS Industries Inc., Safety Rail Co. LLC, Tymetal, U.S. Netting Inc., and Wilcox Door Service

Key Market Trends Fueling Growth

Telecom towers, with their tall structures, necessitate regular maintenance and installations by technicians and tower climbers, often on rooftops. These sites house large HVAC systems and chiller units, increasing the need for secure access. Industrial safety gates provide this access, reducing falls and non-compliance risks. Rising injuries from slips and falls in the telecom sector will fuel industrial safety gates market growth. With the highest number of telecom towers, China, India, and the US, present significant opportunities. The increasing global expansion of telecom networks is expected to boost market growth during the forecast period.

The Industrial Safety Gates market is experiencing growth due to increasing workplace safety regulations. Self-closing gates and swing gates are popular choices, while vertical lift gates and spring-loaded gates offer convenience. Direct and indirect sales channels cater to diverse customer needs. The telecom industry is a significant end-user, with moderate competition from players like self-closing gate monopolies and highly fragmented spring-loaded gate providers. Export potential is high, influenced by trade relations and tariffs. Consumer trends, such as convenience foods, disposable incomes, and health consciousness, impact demand. Corn prices, alternative starches, thickening agents, binding agents, and stabilizers influence production costs. Sustainable sourcing is crucial in industrial sectors like automotive, electronics, and healthcare. Technology evolution, driven by artificial intelligence, the Internet of Things, and 5G communication, offers new opportunities. Industries like automotive, consumer electronics, and healthcare devices continue to drive demand for industrial safety gates. Miniaturization and power efficiency are key trends in electronic devices and digital circuits, impacting gate design and functionality.

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Market Challenges

The industrial safety gates market is significantly influenced by the volatility in the prices of raw materials, primarily steel. This instability can hinder the adoption of safety gates in emerging economies due to regulatory requirements. The causes of raw material price fluctuations include increasing taxes, duties, and tariffs, as well as production disruptions in metal ore-producing countries. These factors impact the entire supply chain, necessitating advanced planning for raw material procurement, supplier selection, and inventory management. Raw materials represent a substantial portion of manufacturers’ costs, and unforeseen price increases can negatively impact profit margins. Bulk purchases of raw materials to secure inventory and maintain consistent product quality can escalate inventory and production costs. In some instances, purchasing raw materials in advance may result in higher costs than at the time of production. Consequently, the industrial safety gates market may experience growth challenges due to the unpredictability of raw material prices throughout the forecast period.The Industrial Safety Gates market faces several challenges in today’s business landscape. Import demand fluctuations can impact raw material sourcing and pricing. Consumer trends, such as convenience foods and health consciousness, influence the demand for specific gate types. Corn prices and alternative starches impact manufacturing costs. Sustainable sourcing and technology evolution, including AI and IoT, are driving the need for novel materials and gate designs. Industrial sectors like automotive, electronics, and healthcare have unique requirements. Automotive demands miniaturization, power efficiency, and in-vehicle infotainment. Consumer electronics require high-speed data processing, while communication devices need low power consumption. Healthcare devices prioritize patient monitoring systems and data processing. Manufacturing costs are a concern due to factors like thickening agents, binding agents, stabilizers, and the prices of components such as AND, OR, NOT, XOR, NAND, NOR, and XNOR gates. Field-programmable gate arrays and digital signal processing are essential for telecommunications, aerospace, and defense industries. The evolving technology landscape, including 5G communication and autonomous vehicles, presents both opportunities and challenges for the Industrial Safety Gates market. Companies must stay updated on these trends and adapt quickly to remain competitive.

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Segment Overview

This industrial safety gates market report extensively covers market segmentation by

Product 1.1 Swing gates1.2 Vertical lift gates1.3 OthersDistribution Channel2.1 Direct sales2.2 Indirect salesGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Swing gates- Swing gates are a popular choice in the industrial safety gates market due to their functionality and advantages. In 2023, swing gates accounted for a significant market share, primarily due to their ease of installation, lesser maintenance, cost-efficiency, and smooth operation. These gates are commonly used near rooftop hatches and ladder access openings. Health and safety organizations, such as OSHA and HSE, mandate their use in unprotected areas. Vendors offer self-closing swing gates, eliminating the need for manual closure. The swing gates segment is poised for growth in the industrial safety gates market during the forecast period.

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Research Analysis

The Industrial Safety Gates market encompasses a range of gate designs, including self-closing, swing, vertical lift, and spring-loaded options. Workplace safety regulations mandate the use of these gates to prevent accidents and ensure worker protection. Self-closing gates are popular due to their automatic closing feature, while swing gates offer ease of use and accessibility. Vertical lift gates are ideal for limited spaces, and spring-loaded gates provide a quick and efficient solution. The market exhibits varying degrees of competition, from monopolistic to highly fragmented, with key factors influencing this dynamic. Export potential is significant, particularly in industries such as telecom, where electronic devices, digital circuits, information processing, consumer electronics, communication devices, and technology evolution drive demand for safety gates. The automotive sector also presents a lucrative opportunity, with in-vehicle infotainment systems and 5G communication leading the way. Artificial Intelligence and the Internet of Things are transforming the safety gates industry, with intelligent gate systems offering enhanced functionality and improved safety features. The integration of these technologies is expected to further fuel market growth and competition.

Market Research Overview

The Industrial Safety Gates market is a significant sector that caters to the need for workplace safety in various industries. Self-closing gates are a crucial part of this market, ensuring the automatic closure of gates after use, preventing accidents. Workplace safety regulations mandate the installation of safety gates in numerous sectors. Swing gates and vertical lift gates are popular choices due to their functionality and ease of use. The market exhibits moderate competition with key players accounting for a significant share. Spring-loaded gates and powder-coated gates are other offerings in this market. Export potential is high due to the global demand for industrial safety. Trade relations and tariffs can impact import demand. Industries like telecom, electronics, automotive, and healthcare drive the market growth. Technological advancements such as Artificial Intelligence, Internet of Things, and 5G communication are transforming the safety gates industry. The market is highly fragmented with numerous players catering to diverse industrial sectors. Industrial sectors like automotive, electronics, and healthcare have a significant impact on the market due to their high demand for safety gates. Miniaturization and power efficiency are key trends in the electronics sector influencing the market. The healthcare sector’s focus on patient monitoring systems and high-speed data processing necessitates the use of advanced safety gates. Autonomous vehicles and manufacturing costs are emerging trends in the automotive sector. The manufacturing industry’s shift towards Field-Programmable Gate Arrays (FPGAs) and digital signal processing is also driving the market. Novel materials and the development of advanced gate designs continue to shape the market landscape. In conclusion, the Industrial Safety Gates market is a dynamic and evolving sector that caters to the safety needs of various industries. It is influenced by factors such as workplace safety regulations, technological advancements, and industry trends. The market’s future growth prospects are promising, driven by the increasing demand for safety and automation in various sectors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductSwing GatesVertical Lift GatesOthersDistribution ChannelDirect SalesIndirect SalesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

KNEX Technology CTO Gustavo Gonzalez Elected 2025 President-Elect of OATUG

Published

2 hours ago

January 11, 2025

Gustavo Gonzalez, KNEX Technology’s CTO, has been elected 2025 President-Elect of OATUG, emphasizing his dedication to Oracle innovation, collaboration, and leadership, including Ascend 2025’s strategic initiatives.

IRVINE, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — KNEX Technology, a leading Oracle Cloud solutions provider, is proud to announce that its Chief Technology Officer, Gustavo Gonzalez, has been elected as the 2025 President-Elect of the Oracle Applications & Technology Users Group (OATUG). This esteemed appointment highlights Gonzalez’s longstanding commitment to advancing innovation and collaboration within the Oracle community.

OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career. As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.

In his new role, Gonzalez will work closely with the OATUG leadership team throughout 2025, preparing to serve as OATUG President in 2026. He will focus on empowering Oracle professionals worldwide by fostering knowledge-sharing, community engagement, and professional development. OATUG, a globally recognized organization, supports its members in overcoming challenges, enhancing the value of Oracle solutions, and driving organizational success.

“OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career,” said Gustavo Gonzalez. “As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.”

Gonzalez’s election underscores his dedication to giving back to the Oracle ecosystem. A key focus of his role will include shaping OATUG’s strategic initiatives, such as the annual Ascend Conference, which unites Oracle users, thought leaders, and technology innovators for unparalleled learning and networking opportunities.

The upcoming Ascend 2025 Conference, scheduled for June 8–11 in Orlando, Florida, promises to build on the success of the 2024 event, which attracted more than 1,800 attendees. With early bird registration now open, Gonzalez aims to ensure the conference continues to deliver transformative insights and experiences for the Oracle community.

About OATUG

The Oracle Applications & Technology Users Group (OATUG) is the premier global organization for Oracle users, providing year-round education, networking, and advocacy. OATUG empowers its members to unlock the full potential of Oracle solutions, fostering innovation and collaboration across industries.

About KNEX Technology

KNEX Technology is a trusted leader in Oracle Cloud solutions, delivering cutting-edge products and services to help businesses achieve their objectives. Through its innovative approach and customer-focused strategies, KNEX enables organizations to navigate the complexities of today’s technology landscape. For more information, visit www.knextech.com.

Media Contact

Husna Gyasi, KNEX Technology, 1 (949) 232-0786, husna.ghayaisi@knextech.com, https://knextech.com/

Twitter, LinkedIn

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SOURCE KNEX Technology

Technology

Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

Published

3 hours ago

January 11, 2025

Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

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SOURCE Lowell Observatory

Technology

ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

Published

4 hours ago

January 10, 2025

NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

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SOURCE Sphere Entertainment Co.