888-776-0942 from 8 AM - 10 PM ET
NEW YORK , June 15, 2022 /PRNewswire/ -- According to the research report "Automatic Doors Market by Product and Geography - Forecast and Analysis", the market witnessed a YOY growth of 5.23% at a CAGR of 5.91% during the forecast period. The report is segmented by product (sliding doors, swing doors, folding doors, revolving doors, and others) and geography (APAC, Europe , North America , and South America ).
For more insights on YOY and CAGR, Read Sample Report
Global Automatic Doors Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report.
APAC will account for 49 percent of market growth. In APAC, China is the most important market for automatic doors. The market in this region will increase at a quicker rate than the market in other regions.
Over the projection period, a surge in investment in commercial real estate projects with upgraded facilities will aid the automated doors market expansion in APAC. Furthermore, countries such as the China , US, Germany , and France are expected to emerge as prominent markets for Automatic Doors Market during the forecast period.
Know more about this market's geographical distribution along with the detailed analysis of the top regions. Click here.
The sliding doors category will gain considerable market share in automatic doors. Sliding doors are available in both horizontal and top-hung configurations. Owing to the low ASPs of these items, as well as the fact that similarly priced alternatives such as swing doors have been responsible for severe ligament injuries and major contusions due to malfunctioning, this segment is projected to dominate the market.
View Sample: to know additional highlights and key points on various market segments and their impact in coming years.
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!
Single-Ply Membranes Market by Type and Geography - Forecast and Analysis 2022-2026
Roofing Chemicals Market by Product and Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of 5.91%
APAC, Europe, North America, and South America
China, US, Germany, and France
Leading companies, Competitive strategies, Consumer engagement scope
ASSA ABLOY AB, agta record Ltd., Auto Ingress Pty Ltd., Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH , KONE Corp., Nabtesco Corp., Sanwa Holdings Corp., and Stanley Black & Decker Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET