According to the latest report by IMARC Group, titled " Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global automatic door market reached a value of US$ 18.44 Billion in 2021. An automatic door refers to a modern door system that generally functions using advanced technologies. It is mainly designed that allows it to close and open when an individual approaches it. It is commonly equipped with motion detectors and sensors that are installed on the sides of the door for sensing changes that occur while detecting light, pressure, sound and movement. It is easy-to-use, fast, noise-free and provides enhanced safety and security in an energy-efficient manner. As a result, it is widely installed in airports, shopping malls, offices and educational institutions.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Automatic Door Trends:
The global market is primarily driven by the rising preference for safe and secured door systems for differently-abled individuals. This is supported by the continual technological advancements and the widespread integration of door systems with innovative sensors. Apart from this, the escalating deployment of artificial intelligence (AI) technology with automatic doors is acting as a major growth-inducing factor. Apart from this, increasing investments by public and private firms in infrastructural development projects across the globe are providing a boost to the market growth. Moreover, the rising adoption of automatic doors across the defense sector for strengthening the security system and enabling safe evacuation is creating a positive outlook for the market. Other factors, including rapid urbanization, continuous product innovations and extensive research and development (R&D) activities conducted by key players to introduce improved product variants, are further contributing to the market growth. On account of the aforementioned factors,?the market is anticipated to reach a value of US$ 30.09 Billion by 2027, growing at a CAGR of 8.27% during 2022-2027.
- On the basis of the type, the market has been segmented into sliding, swinging, folding and others.
- Based on the application, the market has been classified into commercial, industrial and residential.
- On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of the key players include ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH, Nabtesco Corporation, Sanwa Holdings Corporation and Stanley Black & Decker Inc.
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