Automatic Door Market Worth $41,745.0 Million by 2026 | ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH

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Automatic Door Market

Automatic Door Market

According to a new report published by Allied Market Research, titled, “Automatic Door Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global Automatic Door Market size was valued at $2.2 billion in 2018, and is projected to reach $41.7 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026.

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Automatic door is automatically operated using various sensors, such as infrared sensors, photoelectric sensors, and others. Infrared works by detecting the change in temperature, for instance, when a human passes through the automatic door, the infrared sensors detect the warmer temperature and operates the door thereby. The system consists of the transmitter and receiver pair, in the front and back of the door.

Automatic door has an application at various places such as residential and commercial spaces, hospitals, and others. Factors such as energy saving, ease of operation, maintaining security, fast and accurate, cable free, and others fuel the demand. Automatic doors in hospital makes it possible for the wheelchair operators to conveniently travel, also, they can be used to secure the particular area in scientific labs and hospital. Heavy investment by government in construction and the growth in the residential sector creates future opportunities. However, high maintenance acts as a restraint for the market.

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Key Market Segments

The global Automatic Door Market is segmented based on type, End User, and region. By type, the market is classified into sliding, swinging, folding, and others. By end user, it is divided into residential, commercial, and industrial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Competition Analysis

The key market players profiled in the Automatic Door Market report include ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH, MANUSA GEST, S.L., Nabtesco Corporation, Rite-Hite Holding Corporation, Royal Boon Edam International B.V, Sanwa Holdings Corporation, and Stanley Black & Decker, Inc.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

This release was published on openPR.

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