Automatic Doors Market Size to Grow by $ 1.16 bn through 2021-2025  

Technavio research projects the automatic doors market to grow by $ 1.16 bn, accelerating at a CAGR of almost 6.47% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Automatic Doors Market: Key Market Driver

One of the primary factors that will trigger the growth of the automatic doors market size is Construction market gaining traction. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Automatic Doors Market to Post Incremental Growth of $ 1.17 bn During 2020-2024 | Key Geographies that will Drive Growth

Automatic Doors Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Agta record Ltd, ASSA ABLOY AB, Auto Ingress Pty Ltd, Deutschtec GmbH, dormakaba International Holding AG, GEZE GmbH, KONE Corp., Nabtesco Corp., Sanwa Holdings Corp, and Stanley Black & Decker Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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Automatic Doors Market Size to Grow by $ 1.17 bn During 2020-2024

Technavio has been monitoring the automatic doors market and it is expected to grow by $ 1.17 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Automatic Doors Market: APAC to lead market growth during the forecast period

  • 40% of the market growth will originate from APAC during the forecast period.
  • Demand from airports will be a key trend that will influence market growth significantly.
  • The Growing construction market will be a significant factor in driving the growth of the automatic doors market.

Automatic Doors Market to Post Incremental Growth of $ 1.17 bn During 2020-2024 | Key Geographies that will Drive Growth

Automatic Doors Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Automatic Doors Market: Key Highlights of the Report for 2020-2024

  • 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 market industry across APAC, Europe, MEA, 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
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