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Automatic Sliding Doors Market Size, Business Growth Updates, Trends, Industry Report And Forecast To 2033
"The Business Research Company recently released a comprehensive report on the Global Automatic Sliding Doors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The automatic sliding doors market size has grown strongly in recent years. It will grow from $2.32 billion in 2023 to $2.45 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to concerns about environmental sustainability and energy cost, rise in construction of healthcare facilities, demand for automatic sliding doors in educational institutions, growth of organized retail and shopping complexes, and rise in demand for weatherproof and durable solutions.
The automatic sliding doors market size is expected to see strong growth in the next few years. It will grow to $3.10 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to Compliance with accessibility regulations and standards, surge in airport infrastructure investments, increased application in hospitality and tourism sectors, demand for aesthetically pleasing door designs, and growing demand for touchless entry systems. Major trends in the forecast period include integration with building management systems (BMS), expansion of automotive dealership facilities, integration of AI for predictive maintenance, advancements in door control technologies, and expansion of retail and commercial sectors.
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Market Drivers and Trends:
The rise in the construction of healthcare facilities is expected to propel the growth of automatic sliding doors markets going forward. The construction of healthcare facilities involves the planning, designing, and building of structures specifically intended to provide medical care and support services to patients and communities. The rise in the construction of healthcare facilities is due to increasing demand for healthcare services, advancements in medical technology, and population growth. Automatic sliding doors serve as main entrances and exits to hospitals, clinics, and medical offices, facilitating smooth and efficient movement of patients, visitors, and healthcare staff. These doors can accommodate stretchers, wheelchairs, and medical equipment, ensuring easy access for individuals with mobility challenges. For instance, in November 2022, according to a report published by Healthcare Facilities Today, a US-based resource for news and information relevant to healthcare facility management, the yearly increase in healthcare construction is increasing by 7.1% in the USA. Therefore, the rise in the construction of healthcare facilities is driving the growth of the automatic sliding doors market.
Major companies operating in the automatic sliding doors market are focusing on developing energy-efficient sliding doors, such as ST PRO Green sliding doors, to gain a competitive edge. ST PRO Green sliding door is an energy-efficient sliding door that minimizes heat transfer between indoor and outdoor environments. For instance, in August 2023, Dormakaba Holding AG, a Switzerland-based security group, introduced the ST PRO Green sliding door, an energy-efficient and innovative solution. It is an energy-efficient, visually appealing, and safety-integrated solution for high-value buildings. It features thermally separated profiles, low UD values, and an ES PROLINE automatic sliding door operator. It's suitable for public and institutional buildings, healthcare, education projects, and emergency escape routes in the UK and Ireland.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Assa Abloy AB, Kone Oyj, Sanwa Holdings Corporation, Dormakaba Holding AG, Nabtesco Corporation, Rubrik Inc., Hormann KG Verkaufsgesellschaft, GEZE India Private Limited, FAAC S.p.A., Horton Automatics Limited, Koninklijke Boon Edam International B.V., Dunkermotoren GmbH, Rytec Corporation, Automatic Door Company Inc., Skyfold Inc., Gilgen Door Systems AG, KBB Automatic Doors, Rite-Hite Holding Corporation, Entrematic Group Srl, Record USA LLC, Wilcox Door Service Inc., Avians Innovations Technology Pvt. Ltd., Manusa Equipamientos SLU, ADIS Automatic Doors Pty. Limited, Tormax USA Inc
Automatic Sliding Doors Market 2024 Key Insights:
• The automatic sliding doors market size is expected to see strong growth in the next few years. It will grow to $3.10 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
• Healthcare Facility Construction Boosts Automatic Sliding Door Market Growth
• Advancements In Energy-Efficient Sliding Doors Driving Sustainability And Comfort In Building Solutions
• North America was the largest region in the automatic sliding doors market in 2023
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