Automatic Doors Market by Product and Geography - Forecast and Analysis 2020-2024

The automatic doors market share is expected to increase by USD 1.17 billion from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 5.91%. This automatic doors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The automatic doors market report also offers information on several market vendors, including ASSA ABLOY AB, agta record Ltd., Auto Ingress Pty Ltd., Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH , KONE Corp., Nabtesco Corp., Sanwa Holdings Corp., and Stanley Black & Decker Inc. among others. Furthermore, this report extensively covers automatic doors market segmentation by product (sliding doors, swing doors, folding doors, revolving doors, and others) and geography (APAC, Europe, North America, and South America).

What will the Automatic Doors Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Automatic Doors Market Size for the Forecast Period and Other Important Statistics

Automatic Doors Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The construction market gaining traction is notably driving the automatic doors market growth, although factors such as accidents and safety concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automatic doors industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automatic Doors Market Driver

The construction market gaining traction is notably driving the automatic doors market growth. The construction industry has seen a surge in new constructions and renovations owing to drivers like strong demand for automatic doors from the retail segment due to growth in both offline and online retail, strong economic growth and increasing consumer confidence are primary factors propelling the growth in retail. As these drivers continue to propel the residential and commercial segments, the demand for new hardware sales, along with demand from services such as retrofitting, maintenance, and customization as per end-user needs, will continue to propel the growth of the global automatic doors market. 

Key Automatic Doors Market Trend

Door control systems is the key market trend driving the global automatic doors market growth. Ozone Overseas, an architectural hardware solutions provider, has introduced Airdrive, which is claimed to be the slimmest automatic sliding door system, with strength and soft performance being its prominent features. The forecast period will see the emergence of door control systems that can ensure and enhance self-learning capabilities. They can be networked and integrated into the building technology management systems with the help of a CAN bus to ensure error recognition and protocolling.

Key Automatic Doors Market Challenge

A major challenege mpeding the automatic doors market growth is the accidents and safety concerns. Increase in their liabilities due to accidents that are caused either due to hardware malfunctions or by negligence of business owners who do not invest in regular maintenance of the automatic doors installed in their premises. We expect that the accidents cause by malfunctioning doors and the litigations that follow can be a major deterrent to market growth, as property owners will become more cautious about the dangers of automatic doors.

This automatic doors market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2020-2024.

Parent Market Analysis

Technavio categorizes the global automatic doors market as a part of the global building products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automatic doors market during the forecast period.

Who are the Major Automatic Doors Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• ASSA ABLOY AB
• agta record Ltd.
• Auto Ingress Pty Ltd.
• Deutschtec GmbH
• dormakaba Holding AG
• GEZE GmbH 
• KONE Corp.
• Nabtesco Corp.
• Sanwa Holdings Corp.
• Stanley Black & Decker Inc.

This statistical study of the automatic doors market encompasses successful business strategies deployed by the key vendors. The automatic doors market is fragmented and the vendors are deploying growth strategies such as continuously working on developing efficient and high-performance automatic doors for end-users operating in the manufacturing sector to compete in the market.

Product Insights and News

• ASSA ABLOY AB - The company offers wide range of automatic doors including sliding doors, swing doors and revolving doors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automatic doors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automatic Doors Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automatic doors market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Automatic Doors Market?

For more insights on the market share of various regions Request for a FREE sample now!

49% of the market's growth will originate from APAC during the forecast period. China is the key market for automatic doors market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

An increase in investment in commercial real estate projects with improved facilities will facilitate the automatic doors market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 led to a decrease in the sales of automatic doors in APAC in 2020. Owing to the shutdown of factories and supply disruptions, the market in the region experienced a lag in growth in 2020 and early 2021. However, with increasing vaccination drives, the regional market is expected to register growth during the forecast period.

What are the Revenue-generating Product Segments in the Automatic Doors Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The automatic doors market share growth by the sliding doors segment will be significant during the forecast period. The sliding doors segment comprises both horizontal and top hung type variants. This segment is expected to dominate the market due to the low ASPs of these products, coupled with the factor that closely priced alternatives such as swing doors have been responsible for severe ligament injuries and major contusions due to instances of malfunctioning.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automatic doors market size and actionable market insights on post COVID-19 impact on each segment.

Request for a FREE sample

What are the Key Data Covered in this Automatic Doors Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive automatic doors market growth during the next five years
• Precise estimation of the automatic doors market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automatic doors industry across APAC, Europe, North America, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automatic doors market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch