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Automatic Door Market Worth $41,745.0 Million by 2026 | Key Segments, Benefits and Growth Opportunity

03-04-2021 09:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Automatic Door Market

Automatic Door Market

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.

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The global Automatic Door Market size was valued at $22,400.0 million in 2018, and is projected to reach $41,745.0 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026.

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 Segments

By Type

Sliding
Swinging
Folding
Others

By End-User

Commercial
Industrial
Residential

By Region

North America
Europe
Asia-Pacific
LAMEA

Key Players

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
Stanley Black & Decker, Inc.

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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.

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