Industry Background:
Automatic door is operated automatically using the sensor. There are various types of sensors are used in automatic doors including infrared sensor, photoelectric sensor, and others. Infrared sensors are work on change in temperature when a human passes through the automatic door, the infrared sensors sense the warmer temperature and work the door thereby. Automatic door is available on malls, hospitals, new technology airports, and multiplexes.
According to AMA Research, the market for Automatic Door is expected to register a CAGR of 5.79% during the forecast period to 2028. This growth is primarily driven by Rising Demand in the Hospitals
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Construction & Engineering sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as ASSA ABLOY (Sweden), Royal Boon Edam International B.V. (Netherlands), dormakaba Holding (Switzerland), GEZE UK Ltd. (England), STANLEY Access Technologies LLC. (United States), Entrematic Group AB (Sweden), PORTALP Automatic Doors (United States), Rite-Hite (United States), SHIPYARDDOOR PVC Fabric Door Systems (Turkey) and Gilgen Door Systems AG (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In November 2022, Unified Door and Hardware Group, LLC, a company backed by Dunes Point Capital, LP , acquired Eaton Door and Frame, LLC. Eaton, based in Salem, New Hampshire, operates as a value-added distributor specializing in doors, frames, and hardware for various sectors including commercial, education, residential, healthcare, and more. This acquisition strengthens Unified's position in the market and expands its product offerings to better serve customers in diverse industries.
In April 2023, Platinum Equity purchased the windows, doors, and related building products business of JELD-WEN Australasia from JELD-WEN Holding, Inc. for an estimated sum of USD 461 million. With years of expertise in corporate carve outs, Platinum Equity has a proven track record of establishing independent entities that can optimize their capabilities and achieve their maximum potential.The global automatic door market is fragmented due to the existence of several players such as ASSA ABLOY (Sweden), Royal Boon Edam International B.V. (Netherlands), dormakaba Holding (Switzerland) and others, the competitive environment is quite intense. To create growth opportunities in global automatic door market players need to develop strategies as well as innovative product launches. High adoption for the smart city will create growth opportunities.
Influencing Trend:
Growth in Automation in Construction, High Usage of New Technology in Door System and High Adoption of Smart Buildings
Market Growth Drivers:
Rising Demand in the Hospitals, Increasing demand For Clean Rooms and Growth in Hotels as well as Mall Construction
Challenges:
Need for continuous improvement in product offering
Restraints:
High Initial Cost of Automatic Doors, Increase Cost of Raw Material and Heavy Mountainous and Repairing Cost
Opportunities:
Fueling Infrastructure Projects in Emerging Nations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automatic Door Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automatic Door Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automatic Door players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automatic Door Study Sheds Light on
The Automatic Door Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automatic Door industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automatic Door industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.