Posted by IMARC Group, a leading market research company, has recently releases report titled “Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global automatic door market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the automatic door market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 20 Billion |
| Market Forecast in 2028 | US$ 31.9 Billion |
| Growth rate (2023 to 2028) | CAGR of 7.9% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is automatic door?
An automatic door includes components, such as gear motors, controllers and sensors, for automatically opening or closing a door. It is used in different complexes to provide a convenient and comfortable access solution and add aesthetic value to spaces. It is sound-proof, fast and energy-efficient and enables easy access to a premise. Presently, it is widely installed in airports, hospitals, supermarkets, restaurants, offices, hotels, and shopping malls across the globe.
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What are the growth prospects and trends in the automatic door industry?
The global coronavirus disease (COVID-19) outbreak has increased the need for automatic doors in residential, commercial, and industrial complexes to minimize the risk of contamination. In addition, automatic doors can be operated via mobile applications and integrated with artificial intelligence (AI), the internet of things (IoT), and cloud computing solutions. Apart from this, rising investments by governments of numerous countries in infrastructural development and smart cities are offering lucrative growth opportunities to market players operating in the industry.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Sliding
- Swinging
- Folding
- Others
Breakup by Application:
- Commercial
- Industrial
- Residential
Breakup by Region:
- 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
Who are the key players operating in the industry?
The report covers the major market players including:
- ASSA ABLOY Group (STO: ASSA-B)
- Deutschtec GmbH
- dormakaba Holding AG (SWX: DOKA)
- GEZE GmbH
- Nabtesco Corporation (TYO: 6268)
- Sanwa Holdings Corporation (TYO: 5929)
- Stanley Black & Decker Inc. (NYSE: SWK)
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