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Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • February 2022
  • 143 pages
  • ID: 5981423
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global automatic door market reached a value of US$ 18.44 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 30.09 Billion by 2027, exhibiting a CAGR of 8.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An automatic door opens and closes when it senses an individual approaching towards it and works based on the changes in sound, light, pressure and motion. It is fast, safe, secure, easy-to-operate, and noise-free and consumes less space, saves energy, provides a hygienic environment and enables easy access to the premises. Consequently, it is widely installed in the residential, commercial and industrial spaces, including hospitals, airports, offices, supermarkets, shopping centers and train stations.

In recent years, the significant growth in the construction industry has emerged as one of the key factors impelling the market growth. Automatic doors are gaining widespread adoption to provide secure and convenient door access to differently-abled individuals. Furthermore, these doors find extensive applications in the defense and military sector to strengthen security, allow safe evacuation and minimize the need for the human workforce. Apart from this, the key market players are providing innovative features, such as bollards, boom barriers, and lock and shutter systems, to expand their market reach. Apart from this, there is a rise in the demand for automatic doors due to the spread of the coronavirus disease (COVID-19), as these doors provide hands-free access to public places, such as offices and restaurants, and help minimize the risk of transmission. However, the lockdowns imposed by governments of several countries have led to a decline in the operational efficiency of various industries, including construction, which has hampered the market growth. The market is expected to revive once these restrictions are relaxed.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global automatic door market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:
Sliding
Swinging
Folding
Others

Breakup by Application:
Commercial
Industrial
Residential

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH, Nabtesco Corporation, Sanwa Holdings Corporation and Stanley Black & Decker Inc.

Key Questions Answered in This Report:
How has the global automatic door market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global automatic door market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automatic door market and who are the key players?
What is the degree of competition in the industry?

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