Automatic Door Market: Global Market Analysis and Future Assessment by Type and Application— 2019-2029

Categories: Industrial Automation & Equipment | Report Code : IAE20 | No. of Pages : 150

Overview:

Automatic door is advanced technology that is on the trend. This door, which is controlled remotely using various types of sensors, such as infrared sensors, is considered an automatic lock. Automatic doors comprise a transmitter and a receiver pair in the front and back of the door to detect changes in temperature when a person passes through the door.These doors are commonly used in restaurants, hospitals, scientific laboratories and many other residential and commercial spaces.

Market Dynamics:

Growing demand for the automatic doors owing to increasing construction activities in the developed as well as emerging economies across the globe is major factor driving growth of the global market. Additionally, increasing use of automation and the technological advancements in the door systems are anticipated to fuel growth of the global market in the near future. However, high cost associated with its maintenance and repairing is anticipated to hinder growth of the global market in the near future. 

Key Trends:

Key players operating in the global automatic doormarket are mainly focusing on merger acquisition business growth strategiesin order to strengthen position in the target market. For instance, in November 2019, Assa Abloy Group acquired AM Group which is a provider of industrial doors with entrance automation, in order to strengthen product portfolio of door systems.

Regional Analysis:

For detailed understanding of market dynamics, the global marketis analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North Americaregion is expected to account for the largest share in terms of revenue over the forecast year. The growth in this region is mainly attribute technological advancements in the countries especially in the U.S. and Canada of this region. The market in Asia Pacific is the expected to register significant CAGR during the forecast period, owing to growing numbers construction activities like multiplexes, grand hotels, malls, and high-tech airports in thecountries such as India, Japan, and China of the region.

Scope of the Report:

Report Feature

Details

Base Year:

2018

Projection Period:

2019-2029

Market Details:

Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment and region

Segment Covered:

Type and Application

Region Covered:

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage:

Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and region analysis

 

Detailed Segmentation:

Global Automatic Door Market, By Type

  • Sliding Door
  • Swing Door
  • Revolving Door
  • Folding door
  • Access Gates

Global Automatic Door Market, By Application

  • Institutional and Commercial
  • Shopping Center
  • Hospitals and Clinic
  • Hotels and Restaurant
  • Administration and Public Building
  • Residential

Key Players Covered:           

Key players operating in the market includesDormakaba Holding AG, Assa Abloy Group, SHIPYARDDOOR PVC Fabric Door Systems, PORTALP Automatic Doors, STANLEY Access Technologies LLC., Gilgen Door Systems AG, GEZE UK Ltd., Koninklijke Boon Edam International B.V., Rite-Hite, and Entrematic Group AB.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Automatic Door Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.

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Report Code

IAE20

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Automatic Door Market: Global Market Analysis and ...

RD Code : IAE20