What is Global Automatic Door Market?
The Global Automatic Door Market is a vast and dynamic sector that encompasses a wide range of products and services. It refers to the global market for automatic doors, which are doors that open and close automatically, typically through the use of sensors or other technology. These doors are commonly found in various establishments such as shopping malls, airports, hospitals, and office buildings, among others. The market includes different types of automatic doors such as sliding doors, revolving doors, and others. The value of this market was estimated to be US$ 4450.9 million in 2022, and it is projected to reach US$ 5050.5 million by 2029. The growth of this market is driven by various factors such as advancements in technology, increasing demand for convenience and safety, and the growing construction industry worldwide. However, the market also faces several challenges such as high installation and maintenance costs, and the need for regular servicing and repairs. Despite these challenges, the Global Automatic Door Market continues to show promising growth, offering numerous opportunities for businesses and investors alike.
Sliding Doors, Revolving Doors, Others in the Global Automatic Door Market:
The Global Automatic Door Market is segmented into different types of doors including sliding doors, revolving doors, and others. Sliding doors are the most popular type, accounting for over 50% of the market share. These doors are widely used in various establishments due to their convenience and efficiency. They are typically found in places with high foot traffic such as shopping malls, airports, and hospitals. Revolving doors, on the other hand, are commonly used in office buildings and hotels. They offer a stylish and elegant entrance solution, while also providing energy efficiency by reducing heat loss. Other types of automatic doors include swing doors, folding doors, and balanced doors. Each type of door has its own unique features and benefits, catering to different needs and preferences. Despite the differences, all these doors share a common goal - to provide convenience and safety for users.
Hospital, Airport, Retail Store, Hotels, Office Building, Business Center, Others in the Global Automatic Door Market:
The Global Automatic Door Market finds its application in various sectors including hospitals, airports, retail stores, hotels, office buildings, business centers, and others. In hospitals, automatic doors are essential for ensuring hygiene and preventing the spread of diseases. They allow for hands-free operation, reducing the risk of contamination. In airports, these doors facilitate smooth and efficient passenger flow, enhancing the overall travel experience. Retail stores use automatic doors to attract customers and improve accessibility. In hotels and office buildings, these doors add a touch of sophistication and modernity, while also providing convenience and safety. Business centers use automatic doors to create a professional and welcoming environment. Other applications of automatic doors include residential buildings, educational institutions, and public transportation facilities. The wide range of applications demonstrates the versatility and importance of automatic doors in our daily lives.
Global Automatic Door Market Outlook:
The global Automatic Door market has shown a steady growth, with its value standing at US$ 4450.9 million in 2022. It is expected to reach US$ 5050.5 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 1.8% during the forecast period of 2023-2029. The market is dominated by the top 2 companies, which hold a combined market share of about 35%. The largest market for automatic doors is Asia-Pacific, accounting for about 40% of the global market. This is followed by Europe and North America, which hold market shares of about 27% and 23% respectively. In terms of product types, sliding doors are the most popular, accounting for over 50% of the market. This data provides a comprehensive overview of the current state of the Global Automatic Door Market, highlighting its growth potential and key trends.
| Report Metric | Details |
| Report Name | Automatic Door Market |
| Accounted market size in 2023 | US$ 4465.5 million |
| Forecasted market size in 2030 | US$ 5777.9 million |
| CAGR | 4.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Assa Abloy, Nabtesco, Dormakaba, STANLEY Access Technologies, Horton Automatics, Tormax, Geze, Portalp, Ningbo Ownic, KBB, Sane Boon, Manusa, Shanghai PAD, FUSO ELECTRIC |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
