Automatic Door Sensors Market is expected to reach US$ 1,857.27 million by 2027

According to the new research report titled "Automatic Door Sensors Market Forecast to 2027 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 1,857.27 million by 2027, registering a CAGR of 5.1% from 2020 to 2027.

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 automatic door sensors for the global 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.

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Top Company Profiles:
BEA
BBC Bircher AG
GEZE GmbH
Hotron Ltd.
MS Sedco
OPTEX Inc.
Pepperl+Fuchs
Nabtesco Corporation
Ningbo Eimage Studio Equipment Co., Ltd.
TORMAX USA Inc.

The automatic door sensors market is segmented into type and application. Based on type, the market is segmented into microwave sensors, infrared sensors, laser sensors, and others. The microwave sensors segment is expected to hold a larger market share during the forecast period. Based on application, the market is segmented into commercial, industrial, residential, and others. In 2019, the commercial segment led the automatic door sensors market globally.

Germany, France, Russia, the UK, and Italy are among the major countries in Europe analyzed in the European automatic door sensors market. Industrial sectors in this region are inclined toward advanced technologies. Moreover, Italy, the UK, and Germany have major deployment of automation technologies with large number of manufacturing companies. Strong economic conditions and certain initiatives taken by the European governments after world war are the major factors propelling the growth of the market in the region. Countries are further strengthening their industrial sector with advanced technologies to face uncertain challenges. Furthermore, the increasing investment by the governments of countries such as Germany and the UK for strengthening the public infrastructure is also expected to drive the growth of the market in the region.

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.

APAC is anticipated to be a fastest growing region in the automatic door sensors market

Swift advancements pertaining to technologies, various initiatives by governments, and growing number of manufacturing industries are expected to drive the market growth in the region. APAC is estimated to register the substantial growth rate in the global automatic door sensors market during the forecast period owing to the factors such as growing urbanization, industrialization, and rising disposable income of citizens. Further, increasing automotive and healthcare industries in the region are expected to drive the market growth in the region. Additionally, increasing housing reforms introduced by the governments of countries such as India, China, and others is also expected to drive the market growth in the region.

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The overall automatic door sensors market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the automatic door sensors market with respect to all the segments. It also provides the overview and forecast for the global market based on all the segmentation provided with respect to five major regions-North America, Europe, Asia Pacific, Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the automatic door sensors market.

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This release was published on openPR.