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Automatic Door Market Size

Report ID: FBI 4189

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Published Date: Jun-2024

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Format : PDF, Excel

Market Outlook:

Automatic Door Market crossed USD 22.6 Billion in 2023 and is expected to reach USD 41.2 Billion by end of the year 2032, witnessing more than 6.9% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 22.6 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

6.9%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 41.2 Billion

19-23 x.x %
24-32 x.x %
Automatic Door Market

Historical Data Period

2019-2023

Automatic Door Market

Largest Region

North America

Automatic Door Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity: The first major growth driver for the Automatic Door Market is increasing urbanization and the growing demand for automated solutions in commercial and residential buildings. As urban areas continue to expand, the need for convenient and efficient access control systems is on the rise. Automatic doors provide a seamless and convenient entry and exit solution, making them a popular choice for modern buildings. Additionally, the rise in smart technology and IoT integration in buildings is driving the adoption of automatic doors, as they can be easily integrated with other smart building systems for enhanced security and convenience.

Growth Drivers & Opportunity: Another key growth driver for the Automatic Door Market is the rising focus on energy efficiency and sustainability in building design and construction. Automatic doors are designed to minimize energy loss by ensuring that doors are closed at all times, thereby reducing heating and cooling costs. As sustainability becomes a top priority for building owners and managers, the demand for energy-efficient solutions like automatic doors is expected to increase. Moreover, automatic doors are often equipped with sensors that can detect foot traffic and adjust opening and closing times accordingly, further improving energy efficiency.

Growth Drivers & Opportunity: The third major growth driver for the Automatic Door Market is the increasing emphasis on safety and security in public and private spaces. Automatic doors play a crucial role in enhancing the security of buildings by providing controlled access and preventing unauthorized entry. With the rising concerns over safety and security, especially in high-traffic areas like airports, hospitals, and shopping malls, the demand for automatic doors equipped with advanced security features is expected to grow. Additionally, automatic doors offer touchless entry options, which have become increasingly important in light of the COVID-19 pandemic.

Industry

Report Scope

Report CoverageDetails
Segments CoveredDoor Type, Function, End-Use, Distribution Channel
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledASSA ABLOY Entrance Systems, Dormakaba Group, Entrematic, GEZE, Horton Automatics, Nabtesco, Panasonic, Record USA, Royal Boon Edam International B.V., Stanley Access Technologies, TORMAX USA, Ultra Safe Security Doors, Vortex Industries, Wilcox Door Service, Zhejiang Seacon Door Technology

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Despite the promising growth prospects, there are several restraints that could hinder the growth of the Automatic Door Market. One major restraint is the high initial investment required for installing automatic door systems. The cost of automatic doors, including installation and maintenance, can be significant, especially for large commercial buildings or retrofit projects. This high upfront cost may deter some potential buyers from investing in automatic doors, particularly in cost-sensitive markets.

Industry

Report Scope

Report CoverageDetails
Segments CoveredDoor Type, Function, End-Use, Distribution Channel
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledASSA ABLOY Entrance Systems, Dormakaba Group, Entrematic, GEZE, Horton Automatics, Nabtesco, Panasonic, Record USA, Royal Boon Edam International B.V., Stanley Access Technologies, TORMAX USA, Ultra Safe Security Doors, Vortex Industries, Wilcox Door Service, Zhejiang Seacon Door Technology

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

Another key restraint for the Automatic Door Market is the lack of standardization and regulations governing automatic door installations. The absence of clear guidelines and standards for automatic door systems can lead to variations in quality and safety standards across different suppliers and installations. This lack of standardization can result in safety hazards and inefficiencies in automatic door systems, hindering the overall market growth. To address this restraint, industry stakeholders need to collaborate and develop more stringent regulations and standards for automatic door installations to ensure safety and quality.

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Automatic Door Market Size & Share, By Door Type (...

RD Code : 24