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.
New York, NY -- (SBWIRE) -- 02/12/2020 -- Automatic door, as its name indicates opens and closes automatically on sensing the approach of a person. It is also known as an auto door. These doors operate through the sensors which sense different types of parameters, such as physical presence, sound, weight, and motion. Automatic doors significantly reduce annual cooling and heating costs by contributing to energy saving. The automatic opening and closing action prevents air-conditioning from escaping the air and preventing dust from entering the indoor premises. Its types include swing, sliding, revolving, and others. In addition, its end users include residential & commercial, military, transportation hubs, and industrial sector.
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Advancements by market players producing automatic doors with different gate design such as shutter system, bollards, boom barriers, and others. Moreover, the 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.
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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.
Major Key Players:
ASSA ABLOY Group
dormakaba Holding AG
MANUSA GEST, S.L.
Rite-Hite Holding Corporation
Royal Boon Edam International B.V
Sanwa Holdings Corporation
Stanley Black & Decker, Inc.
Key Points Covered in the Report:
The report comprises major drivers of the Automatic Door market to assist the industry players with producing right number of goods and delivering them to end users with ideal services. They can gain consumers' trust by promising ideal after-sales services. Manufacturers can hence, plan other policies and satisfy large number of end users.
The study delivers insights on the key opportunities for helping the players to explore and gain significant advantage. Industry players can expand their global reach with the help of accurate statistics on key aspects like consumer demand in major regions, population, and demographic details. Operating players can also set up manufacturing units in the key regions and deliver required goods quickly and easily.
Few restraining factors are mentioned in the Automatic Door market research report for alerting the industry players and helping them execute their policies and strategies smoothly without facing obstacles.
Automatic Door market research report also offers insights on geographic segmentation to help the players in tracking of potential customers in key regions. The study includes details to offer the buyers with exact consumer requirements. This will help the manufacturers to produce goods, plan ideal promotional strategies, and increase clients considerably over the forecast period 2019 - 2026.
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Table of Content:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Material And Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter'S Five Forces Analysis
3.4. Key Player Positioning, 2018
3.5. Market Dynamics
Chapter 4: Automatic Doors Market, By Type
4.1.1. Market Size And Forecast, By Type
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3.1. Key Market Trends, Growth Factors And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
Chapter 5: Automatic Doors Market, By End User
5.1.1. Market Size And Forecast, End User
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
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