According to IMARC Group’s latest report, titled “Automatic Door Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast the global automatic door market reached a value of US$ 18.44 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 30.09 Billion by 2027, exhibiting at a CAGR of 8.27% during 2022-2027.
An automatic door opens and closes itself by sensing an approaching individual. It functions by analyzing the changes in sound, light, pressure, and motion. These doors are fast, safe, easy-to-operate, noise-free, save energy and space, provide a hygienic environment, and enable easy access to the premises. As a result, it is often installed in various residential, commercial, and industrial spaces.
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Market Trends
The significantly growing construction industry is one of the key factors driving the market growth. Automatic doors provide secure and convenient door access to differently-abled individuals, which further induces their adoption in various premises. These doors also find extensive applications in the defense and military sectors as they enhance security, facilitate safe evacuation, and minimize the need for the human workforce. Furthermore, the major players are introducing innovative features, such as bollards, boom barriers, and lock and shutter systems, to expand their product sales. Moreover, the demand for automatic doors has also burgeoned due to the spread of the coronavirus disease (COVID-19), as these doors offer hands-free access to public places and help reduce the risk of transmission.
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List of Key Companies Covered in this Market Report:
ASSA ABLOY Group
Deutschtec GmbH
dormakaba Holding AG
GEZE GmbH
Nabtesco Corporation
Sanwa Holdings Corporation
Stanley Black & Decker Inc.
The report has segmented the market on the basis of type, application and geography.
Breakup by Type:
Sliding
Swinging
Folding
Others
Breakup by Application:
Commercial
Industrial
Residential
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
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