The automatic door control market is expected to be valued at US$ 14,426.00 million in 2023, with a 7.2% CAGR over the projected period. The automatic door control industry is expected to be worth US$ 28,913.00 million by 2033.
Energy savings, ease of operation, security, speed and accuracy, cable-free operation, and other factors escalate automatic door control demand. Automatic doors in hospitals allow wheelchair users to travel more comfortably, and they can also be utilized to safeguard certain areas in scientific labs and hospitals.
Future opportunities are created by the government’s heavy investment in construction and the rise of the residential sector. High maintenance functions as a market restraint.
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Technological Advancements Shape the Future of the Automatic Door Control Industry
The growing demand for greater accessibility and convenience in a variety of industries, including commercial buildings, hospitals, and airports, is driving up demand for automatic door systems. The emphasis on energy efficiency and sustainability is encouraging the use of automated doors that reduce heat loss and optimize energy use.
Stringent safety standards, as well as the necessity for contactless solutions in the face of the pandemic, are driving the market growth. Finally, technological improvements like sensor integration, IoT connectivity, and AI-based algorithms are improving the functionality and performance of automatic door control systems, hence spur market expansion for automatic door control.
Challenges and Expanding Horizons in Automatic Door Control Industry
The high initial installation and maintenance expenses associated with automatic door systems, which can dissuade potential buyers, are one major obstacle. Interoperability concerns between different door control systems, as well as integration challenges with existing infrastructure, can be stumbling blocks for automatic door control manufacturers.
Concerns concerning data protection and unauthorized access in connected automatic door systems raise concerns about privacy and security. Price wars and narrow profit margins can result from market fragmentation and severe competition among firms. Overcoming these obstacles may be critical for the automatic door control market to continue growing.
Regional Outlook
North America has a sizable market share, owing to the growing use of automated systems in commercial and residential buildings. With the implementation of severe energy efficiency standards and the presence of significant automatic door control manufacturers, Europe is a prominent automatic door control market.
Due to urbanization, infrastructure development, and the growing demand for convenience and safety in commercial places, the Asia Pacific region is witnessing tremendous expansion.
Emerging economies in Latin America and the Middle East are adopting automated door control systems, providing lucrative potential for automatic door control manufacturers.
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Key Takeaways
- The United States might increase its market share by 23% between 2023 and 2033.
- Between 2023 and 2033, Germany may hold 6.2% of the automatic door control industry.
- Japan’s share of the automatic door control industry could reach 7.4% between 2023 and 2033.
- Australia to hold a 0.9% share of the automatic door control market from 2023 to 2033.
- During the forecast period, the Chinese automatic door control business to expand at a CAGR of 8.1%.
- From 2023 to 2033, the United Kingdom’s automatic door control industry to register at a 5.1% CAGR.
- Through 2033, the Indian automatic door control industry recorded a CAGR of 8.6%.
- The automatic sliding door segment holds a market share of 62.3% in the type category between 2023 and 2033.
- The airport’s segment to acquire a substantial market share of 16.4% in the end-user category between 2023 and 2033.
Competitive Landscape
The automatic door control market is highly competitive. Many automatic door control manufacturers are actively involved in designing and developing automatic door control systems.
Partnerships, partnerships, and mergers and acquisitions are frequent techniques used by businesses to increase their market presence and remain competitive.
Novel Developments
- In November 2019, ASSA ABLOY acquired AM Group, a global provider of industrial doors with entrance automation based in Australia. This acquisition expanded ASSA ABLOY’s product portfolio in industrial door systems, enhancing its market position and offering a broader range of solutions.
- In February 2017, ASSA ABLOY expanded its Entrance Automation product range by acquiring Southeastern Dock & Door, a South Carolina-based distributor of industrial and commercial doors and docking solutions, strengthening its presence in the United States market.
