This market study report includes a detailed segmentation of the global automatic door market by product type (automatic sliding doors, automatic swing doors and automatic swing doors), end-users (commercial and public infrastructure sectors). It also outlines the market shares for key regions like the Americas, EMEA, and APAC. The leading vendors analyzed in this market research are Assa Abloy, Boon Edam, Dorma+Kaba Holdings, Geze, and Stanley Access Technologies.
Technavio’s market research analysts estimate the global automatic door market, to grow at a CAGR of close to 6% between 2016 and 2020. Rising construction of energy-efficient green buildings is a major factor boosting the demand for automatic doors. Also, growing demand for fire safety in commercial buildings are expected to propel the growth of automatic door market over the next few years. APAC occupies 48% of the overall market share, thanks to the rising construction of new buildings in the hospitality, retail, commercial, and healthcare sectors in the region.
The new market research report from Technavio provides a breakdown and analysis of the automatic door segments by technology.
“Vendors are integrating several technologies into the manufacturing process of automatic doors for their greater efficiency and functionality. For instance, Dorma has come up with new linear magnetic drive technology which ensures resistant wear to doors. GEZE use iConnect technology, which uses GPRS and GSM techniques to inform the user beforehand about any issues with the door,” says Soumya Mutsuddi, Lead Analyst, Heavy Industry, Technavio Research.
Commercial sector is the largest end-user of automatic doors. Rising investments in commercial building projects such as hotels, luxury resorts, and office buildings will boost the demand for automatic doors. Automatic doors offer an excellent solution for people with disabilities who cannot independently open a traditional door.
The key players in the global automatic door market include Assa Abloy, Boon Edam, Dorma+Kaba Holdings, Geze, and Stanley Access Technologies. This market is expected to witness huge growth, owing to rising investments in public infrastructure and growing construction activity in the hospitality sector across the globe. Intense competition prevails in this market, where vendors compete on the basis of product differentiation using new technologies.
A more detailed analysis is available in the Technavio report, Global Automatic Door Market 2016-2020.
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