Advancements by market players producing automatic doors with different gate design such as shutter system, bollards, boom barriers, and others. Moreover, the a surge in residential & non-residential construction, and increase in spending on home remodeling in developed economies have fostered the growth of the global automatic doors market. However, high price packages of products restrain the market growth. Furthermore, the rise in disposable income in emerging markets and rapid urbanization & industrialization are expected to offer lucrative opportunities for the market.
The global automatic doors market is segmented on the basis of type, End User, and region. By type, the market is segmented 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. The major players operating in the global market have adopted key strategies such as acquisition, collaboration, product launch, and partnership to strengthen their market outreach and sustain the stiff competition in the market.
COMPETITION ANALYSIS
The major market participants profiled in this 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.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market 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 doors market forecast analysis from 2018 to 2026 is included in the report.
- The key market players within automatic doors market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the automatic doors industry.
GLOBAL AUTOMATIC DOORS MARKET SEGMENTS
By Type
- Sliding
- Swinging
- Folding
- Others
By End-user
- Commercial
- Industrial
- Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- 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
- Stanley Black & Decker, Inc.
What is the estimated value of the Global Automatic Doors Market?
What is the growth rate of the Global Automatic Doors Market?
What is the forecasted size of the Global Automatic Doors Market?
Who are the key companies in the Global Automatic Doors Market?
Report Attribute | Details |
---|---|
No. of Pages | 212 |
Published | December 2019 |
Forecast Period | 2018 - 2026 |
Estimated Market Value ( USD | $ 22400 million |
Forecasted Market Value ( USD | $ 41745 million |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |
Table of Contents
Executive Summary
According to the report titled, 'Automatic Door Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026', the global Automatic Door Market size was valued at $2.2 billion in 2018, and is projected to reach $41.7 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026. In 2018, by type, the sliding segment accrued the largest share in the market. In addition, the expansion of infrastructure sector throughout the globe especially in emerging nations such as Brazil, China, and India fuels the demand for automatic doors. Thus, growing infrastructure sector is expected to drive the growth of the market.Moreover, the manufacturers of automatic doors are developing new products as a strategy to an increase their Automatic Door Market shares. For instance, in February 2019, GEZE enhanced its sliding door portfolio with new ECdrive T2 door drive system. The product features fine-framed GCprofile Therm and also features thermal insulation qualities, which reduce heat loss considerably. The product also has a discreet door design, which allows quieter movement of the door. Similarly, in December 2017, GEZE launched the new GEZE Cockpit building automation system. The system includes, networked and automated door, windows and safety technologies and other integrated products. The GEZE Cockpit allows automatic door and window operations, either time triggered, or event triggered.
Furthermore, the growth of commercial and industrial sector, owing to an increase in population and urbanization around the globe is projected to fuel the demand for automatic doors in the coming years. Currently, by end user, in 2018, the commercial segment have garnered significant market share, owing to the expansion of infrastructure sector in developing regions. In addition, the industrial segment is expected to exhibit significant growth during the forecast period. In terms of region, Asia-Pacific and Europe collectively contributed around 72.3% of shares in the global market in 2018.
The key 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.
And some enterprises, such as Nabtesco and ASSA ABLOY Group., are well-known for their automatic doors. For instance, in October 2019, NABCO launched, NATRUS a new generation of automatic door operator. NATRUS features the same NABCO network system and has CAN communication system. It provides smart setting operation modes and low running cost designs.
Key findings of the study:
The report provides an extensive analysis of the current and emerging Automatic Door Market trends and dynamics.
Depending on type, the sliding segment dominated the Market, in terms of revenue in 2018 and is projected to grow at a CAGR 8.4% during the forecast period.
By end user, the industrial segment led the market in 2018.
Asia-Pacific is projected to register the highest growth rate in the coming years.
The key market players within the Automatic Door Market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the automatic doors industry.
The report provides an extensive analysis of the Automatic Door Market trends and emerging opportunities of the Market.
In-depth Automatic Door Market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
The global Automatic Door Market forecast analysis from 2018 to 2026 is included in the report.
Companies Mentioned
- 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
- Stanley Black & Decker Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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