Global automatic door market to cross $16 billion by 2022 growing at a CAGR closed to 9%
The report considers the present scenario of Global Automatic Door market and its strategic assessment for the period 2016-2022.The report also includes the market growth drivers, trends, and restraints. It also includes the top 5 vendors in the market and other key vendors. This market research report includes a detailed market segmentation of the global automatic door market.
Scope of the Report:
This research report categorizes the global automatic door market based on door type, application, and geography. The report provides market size in terms of revenue and sales unit.
By Automatic Door Type
- Sliding Door (Single Sliding Door, Bi-parting Sliding Door, Telescopic Sliding Door)
- Swing Door
- Revolving Door
- Folding door
- Others (Access Gates)
Institutional and Commercial
Hospitals and Clinics
Hotels and Resturants
Adminstration and Public Buildings
- North America
- Latin America
- Middle East and Africa
- South Korea
Automatic Door – Market Size and Dynamics
Analysts at Beige Market Intelligence says that the market revenues for entrance automation is estimated to cross US$16 billion by 2022, growing at a CAGR of around 9%. The automatic door market is going to witness huge growth both in terms of revenue and sales. Sliding doors are the most popular choice among the automatic door due to their low space requirements and high convenience. The sliding door segment is going to have the largest revenue share by 2022. Also the sales of bi-parting sliding doors is going to be the comparatively higher among the other types of sliding doors. The report also includes the market size information and growth forecast for the swing door, Revolving door, Folding door, and others such as access gates.
Furthermore, the detailed description about the market size and forecast for different segments of the automatic door by application type is included in the report. The details and forecast is provided both in terms of revenue, market share and sales. The sales volume of the residential segment of the automatic door market is expected to reach 1.7 million units by 2022.
Automatic Door – Trends, Drivers, and Challenges
This market research provides the detailed analysis of the market size, market growth, the growth driving factors, the emerging trends, and expected challenges for the next five years. In entrance automation, after-sales service and maintenance constitute a major chunk of the revenues and therefore the distribution and after-sales support reach forms a critical constituent of the business. With customization standing to be the key to capture higher value from customers, vendors manufacturing automatic doors are increasingly turning to development of processes and methods in a modular fashion. Among the key drivers of the automatic door market are growth in global construction output and the need for improved building energy efficiency.
Automatic Door – Geographical Analysis
APAC constituted a major share of around 34% of demand for the automatic door in terms of revenues followed by EMEA. While the demand in APAC for automatic door is majorly driven by infrastructural expansions in key countries such as China, South Korea, India, and Indonesia. The revenues in EMEA are primarily contributed by replacement demand from existing installations. Demand growth in APAC is forecasted to expand at a double digit CAGR during 2016-2022, outperforming the global growth for the said period. The report includes the market analysis of global automatic door market in different regions such as North America, APAC, EMEA and Latin America. The report outlines the major market share holder and the market size analysis of all the regions and provides the market size and forecast of key countries.
Automatic Door – Market Share and Key Vendor
This market research profiles the major companies in the global automatic door market and provides the competitive landscape and market share of key the players. The report covers the entire market outlook regarding the value chain operating within the market. The major vendors included in the report are:
- ASSA ABLOY
- STANLEY Acess Technologies
The emerging vendors included in the automatic door report are Agta Record, BEA, Nabtesco/ NABCO, Boon Edam, Portalp, Ningbo Ownic Auto Door Co. Ltd, Auto Ingress, Horton Automatics, DSS Automatic Doors, Tormax Automatic.
Why should you buy global automatic door market research report?
The report gives reasonable answers for the following questions which leads you to know the in- depth market analysis such as
- How has the automatic door market been performing and what are some of the current changes which are expected to change the landscape in the coming years?
- What are the various factors that can affect the automatic door market and in what way over the next few years?
- What are the emerging trends and challenges for the automatic door market over the next five years?
- What is the automatic door market size and market forecast for each product segment?
- What is the market revenue and market share, sales in unit volume of each segment?
- Which regions are going to have the largest market share and what are the factors propelling the market growth in that region?
- Which companies are the key vendors in the market?
- Which companies are the emerging vendors in the market?