According to Allied Market Research, the automatic door market is projected to experience an impressive CAGR of 7.8%, reaching a total revenue of $41,745.0 million by 2026, from 2019 to 2026. The study also presents comprehensive data on the factors driving, restraining, and creating opportunities in the market. It highlights the importance of analyzing the market's reach across four key regions: Asia-Pacific, Europe, North America, and LAMEA. In other words, the report aims to provide readers with an in-depth analysis of industry trends and insights.
Moreover, the research on the automatic door market explores the potential for revenue growth while evaluating regional trends. It also offers qualitative insights based on various factors, including the immediate impact of sector size, economic influences, regulatory frameworks, opportunities, and the strategies implemented by leading companies. Additionally, it includes a section on company profiles, providing details on key executives, company overviews, operational segments, product and service portfolios, investments in research and development, major strategic initiatives and developments, as well as business performance.
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A closer look at the evolving dynamics of the industry
Automatic doors are used in a variety of settings, including residential and commercial spaces, hospitals, and more. The increasing demand for these doors is driven by factors such as energy efficiency, ease of use, enhanced security, quick and precise operation, and the convenience of being cable-free. In hospitals, automatic doors enable easy access for wheelchair users and can also be used to secure specific areas, such as laboratories and medical rooms. The significant investment by governments in infrastructure development and the expansion of the residential sector present growth opportunities for the market. However, high maintenance costs pose a challenge to its growth.
Competitor’s analysis
The competitive analysis presented in the report helps businesses identify both direct and indirect competitors, allowing them to strategically position themselves within the market. It also highlights potential risks from new entrants or alternative solutions, promoting proactive decision-making. By comparing their product features with those of competitors, companies can uncover unique selling propositions. This valuable insight drives decisions on product enhancements and the development of new features to maintain a competitive advantage. Key players featured in the report include:
Deutschtec GmbH
Nabtesco Corporation
Stanley Black & Decker, Inc.
Sanwa Holdings Corporation
Royal Boon Edam International B.V.
GEZE GmbH
Dormakaba Holding AG
ASSA ABLOY Group
Rite-Hite Holding Corporation
MANUSA GEST, S.L.
Industry highlights
In November 2019, ASSA ABLOY reached an agreement to acquire AM Group, an Australian-based company recognized as a global supplier of industrial doors and entrance automation solutions. It strengthened ASSA ABLOY's product offerings in the industrial door systems sector.
In February 2017, ASSA ABLOY acquired Southeastern Dock & Door, a U.S.-based distributor of industrial and commercial doors, as well as docking solutions in South Carolina. This acquisition expanded ASSA ABLOY’s range of Entrance Automation products, particularly in the commercial and industrial markets.
FAQs covered in the report
What factors are anticipated to drive automatic door market trends?
What is the total market value of the industry?
Which segment holds the maximum market share of the global landscape?
What will the market size be in 2026?
What will be the key trends for automatic doors in the upcoming years?
To conclude, the AMR report delivers a comprehensive analysis of the industry, addressing all key aspects of the sector. It provides in-depth insights into the strategies employed by multinational companies in this market. In addition, the report includes interviews with stakeholders and market participants, offering valuable guidance for newcomers aiming to understand the industry's evolving dynamics.
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