Automatic Door Market Size & Analysis By 2026
Market dynamics
The global Automatic Door Market is segmented based on type, End User, and region. By type, the market is classified into sliding, swinging, folding, and others. By end user, it is divided into residential, commercial, and industrial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By type, sliding segment garner largest share in terms of revenue and is expected to grow during the forecast period. The automatic sliding mechanism is suitable for residential buildings, hotels, offices, apartments, big retail outlets, airports, and other building projects. Moreover, increase in adoption of sliding automatic doors among consumers, and rise in new construction and home improvement activities are expected to provide lucrative opportunities for market expansion.
By Type
Sliding segment is projected to grow at a significant CAGR
In 2018, by end user, the commercial segment has largest share in the global market in terms of revenue. The increase in use of automatic panel doors and sliding doors in infrastructure projects and housing & commercial buildings, especially in China and India drives the Automatic Door Market growth.
By End-user
Commercial segment holds dominant position in 2018
Asia-Pacific is estimated to be a dominant market for automatic doors. Developing economies, such as China, India, and Indonesia, are expected to support market expansion due to increase in demand for residential construction. The construction market in Asia has witnessed a continuous shift toward markets possessing rapid growth rate such as China, India, and other Southeast Asian countries.
By Region
Asia-Pacific holds a dominant position in 2018 and is expected to grow at a highest rate during the forecast period.
The major players operating in the global Automatic Door Market have adopted key strategies such as acquisitions, collaborations, product launch, and partnerships to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
The key market players profiled in the Automatic Door Market report include ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH, MANUSA GEST, S.L., Nabtesco Corporation, Rite-Hite Holding Corporation, Royal Boon Edam International B.V, Sanwa Holdings Corporation, and Stanley Black & Decker, Inc.
The major players operating in the global Automatic Door Market have adopted key strategies such as acquisition, and product development to strengthen their market outreach and sustain the stiff competition in the market. For instance, in November 2019, ASSA ABLOY signed an agreement for the acquisition of AM Group. AM Group is based in Australia and is a global provider of industrial doors with entrance automation. The acquisition has enhanced ASSA ALOY’s product portfolio for industrial door systems.
In February 2017, ASSA ABLOY acquired the company Southeastern Dock & Door, based in the U.S. Southeastern Dock & Door is a distributor of industrial & commercial doors and docking solutions in South Carolina, U.S. The acquisition has increased ASSA ABLOY’s Entrance Automation product range especially for commercial and industrial applications.
Key Benefits for Stakeholders
- The report provides an extensive analysis of the current and emerging Automatic Door Market trends and dynamics.
- In-depth market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global Automatic Door Market forecast analysis from 2018 to 2026 is included in the report.
- The key market players operating in the global market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the automatic doors industry.
Automatic Door Market Report Highlights
| Aspects | Details |
 By TYPE |
|
 By END USER |
|
 By Region |
|
 Key Market Players | Sanwa Holdings Corporation, Nabtesco Corporation, GEZE GmbH, Royal Boon Edam International B.V., Stanley Black & Decker, Inc. (STANLEY Access Technologies LLC), MANUSA GEST, S.L., ASSA ABLOY Group, Rite-Hite Holding Corporation, Deutschtec GmbH, dormakaba Holding AG |
Analyst Review
The automatic doors market holds high growth potential in the commercial and industrial sector. The market has witnessed significant growth over the past decade, owing to the rise in adoption of automatic doors such as sliding door, swing door, and others. Market players are also acquiring other companies and enhancing their product portfolios to increase their market potential in terms of geographic and customer base expansion. Moreover, the leading players in the market are producing affordable, and efficient automatic doors to cater to a large customer base.
Factors such as changes in lifestyle toward single family homes and increase in disposable income has significant impact over the market growth in the recent years. In addition, the increase in the investment in commercial construction activities are expected to drive the growth of the global automatic doors market.
Furthermore, the market growth for automatic doors is highly dependent on industrial and commercial construction investments. Thus, the increase in industrialization, and rise in demand for the commercial complexes and buildings fuels the market growth.
Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest CAGR in the global market throughout the forecast period.
The rapid urbanization & industrialization, surge in residential & non-residential construction, and increase in spending on home remodeling are some of the factors which is anticipated to drive automatic doors market.
The global automatic doors market was valued at $22,400.0 million in 2018, and is projected to reach $41,745.0 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026.
Based on type, sliding segment holds the maximum market share of the automatic doors market in 2018.
The global automatic doors market is growing at a CAGR of 7.8% from 2019 to 2026.
The key trends in the automatic doors market includes safety and security concerns in residential and commercial sectors, which has led to increase in deployment of automatic doors.
The global automatic doors market size was valued at $22,400.0 million in 2018, and is projected to reach $41,745.0 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026.
The manufacturers of automatic doors are developing new products as a strategy to increase their automatic doors market shares.
The effecting factors includes growth of commercial and industrial sector, owing to increase in population and urbanization around the globe.
The global automatic doors market size was valued at $22,400.0 million in 2018.
The automatic door has an application at various places such as residential and commercial spaces, hospitals, and others.
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