Automatic Door Sensors Market (COVID-19 Analysis) with Industry Share, Growth, Trends Analysis by 2028

According to The Insight Partners latest market study on "Automatic Door Sensors Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Type (Microwave Sensors, Infrared Sensors, Laser Sensors, Others); Application (Residential, Commercial, Industrial, Others)," the market was valued at US$ 1,257.23 million in 2019 and is projected to reach US$ 1,857.27 million by 2027; it is expected to grow at a CAGR of 5.1% from 2020 to 2027. The report highlights key factors driving the market growth, and prominent players with their developments in the market.

The automatic doors are used in commercial premises such as theaters, hotels, shopping malls, commercial buildings, hospitals, and offices. The automatic door system is built using different sensors such as radar sensors, PIR sensors, infrared sensors, and laser sensors for number of commercial buildings. Retail outlets, sanitary, banks, and restaurants are other commercial places where automatic door systems are used. With increasing construction of above-mentioned areas, automatic door systems are installed at indoor zoning, entry doors, and restricted access areas. With rising footfall in retail outlets, offices, and banks, the need for safety and comfort of individuals is increasing, which, in turn is propelling the adoption of automatic door systems.

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Several commercial spaces such as hospitals, restaurants, government and co-operate offices, and others are investing in advanced technologies to strengthen their capabilities with advanced machineries and offer enhanced services to customers. Countries such as Germany, the US, the UK, China, and others are developing advanced for the global automatic door sensors market. Also, rising procurement of automatic door sensors by the US Army is supporting the market growth. Growing industrialization in developing nations such as India, China, and Indonesia and increasing reforms by the government of countries such as China and India for residential development are driving the growth of the market.

Further, increasing adoption of automatic doors in places such as hospitals and food factories for maintaining hygiene and social distancing due to the ongoing COVID-19 pandemic is also expected to provide growth opportunities to the market.

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Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Automatic Door Sensors Market' provides the analysis on impact on Covid-19 on business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

Impact of COVID-19 Pandemic on Automatic Door Sensors Market

The COVID-19 pandemic has shaken several industries. The increasing spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human's movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. Manufacturing, automotive, semiconductor and electronics, oil & gas, mining, aviation, and other industries have witnessed a decline in their operations due to the temporary shutdown of activities. The automatic door sensors market players also experienced a slowdown in the volumes because the manufacturing facilities were operating with a limited workforce. This has had a negative impact on the market. Additionally, temporary closure has also resulted in reduced procurement of automatic door sensors among industries during the first quarter of 2020. The COVID-19 might have its impact in the first six months of 2021 as well.

On account of the benefits offered by automatic door sensors, they have witnessed growing demand from numerous end use industries. For instance, automatic door sensors enable automatic doors to operate hands free, which makes them an ideal solution in hospitals and food factories where sanitization is a must. As increasing number of automatic doors are being incorporated in hospitals, rise in healthcare sector is directly proportional to the growth of the automatic door sensors market.

According to the India Brand Equity Foundation, the healthcare market in India is expected to reach US$ 372 billion by 2022. Increasing income, favorable government health policies, and increasing development of enhanced healthcare facilities across Asia Pacific are expected to drive market growth, on account of the considerable healthcare industry in the region.

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