Europe Automatic Door Sensors Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type and Application

The Europe automatic door sensors market is expected to grow from US$ 305.30 million in 2019 to US$ 427.54 million by 2027; it is estimated to grow at a CAGR of 4.4 % from 2020 to 2027. The growing popularity of smart airports and escalating airport development as well as expansion activities across Europe bolster the market growth in this region. The growth of the aviation industry over the years has complemented developments in several associated technologies, such as internet connectivity. Moreover, the governments of European countries are investing in smart airport technologies such as smart sensors, communication and network systems, cameras, RFID tags, and wearable devices, owing to rising consumer preference for real-time information.

The COVID-19 pandemic has severely affected European countries, especially the UK and Russia. The tremendous spread of the virus has urged governments to impose strict restrictions on vehicle and human movements. Due to travel ban, mass lockdown, and business shutdown, the pandemic has affected economies and industries in various European countries. Europe is projected to suffer an economic hit due to a lack of revenue from various industries, as countries such as the UK, Germany, Russia, and Italy have recorded the highest number of COVID-19 cases in the region. Additionally, with the outbreak of new variants of the virus in the UK, various industries have continued to underperform. The region is a significant manufacturing and industrial hub for sectors such as healthcare, aviation, manufacturing, Automatic, and energy & power. However, many businesses in the region are facing financial challenges as they had to reduce their activities substantially, owing to lack of workforce, restrictions imposed by governments for maintaining social distancing, and decreasing sales of various products. However, increasing number of initiatives being undertaken by the governments of countries such as the UK and Germany to strengthen their respective transport infrastructure would drive the growth of the market in the coming years.

The commercial segment led the Europe automatic door sensors market based on application in 2019. The automatic doors find major applications in commercial premises such as theaters, hotels, shopping malls, commercial buildings, hospitals, and offices. The automatic door systems manufactured for commercial buildings are enabled with sensors such as radar sensors, PIR sensors, infrared sensors, and laser sensors. Retail outlets, banks, and restaurants are other commercial places where automatic door systems are installed. With increasing construction activities of the abovementioned areas, large number of automatic door systems are being installed at indoor zoning, entry doors, and restricted access areas. Moreover, the need for safety and comfort of individuals is on rise with mounting footfall in retail outlets, offices, and banks. The automatic door sensors benefit through convenience, safety, customization, efficiency, reliability, etc., which is driving the market in Europe.

The Europe automatic door sensors market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Europe automatic door sensors market. The process also serves the purpose of obtaining overview and forecast for the Europe automatic door sensors market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the Europe automatic door sensors market. BBC Bircher AG, BEA, GEZE GmbH, Hotron Ltd, Nabtesco Corporation, and Pepperl+Fuchs are a few of the players operating in the market in this region.