February 24, 2022 08:33 ET | Source: Research and Markets Research and Markets

Dublin, Feb. 24, 2022 (GLOBE NEWSWIRE) -- The "Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global automatic door market reached a value of US$ 18.44 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 30.09 Billion by 2027, exhibiting a CAGR of 8.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. An automatic door opens and closes when it senses an individual approaching towards it and works based on the changes in sound, light, pressure and motion. It is fast, safe, secure, easy-to-operate, and noise-free and consumes less space, saves energy, provides a hygienic environment and enables easy access to the premises. Consequently, it is widely installed in the residential, commercial and industrial spaces, including hospitals, airports, offices, supermarkets, shopping centers and train stations. In recent years, the significant growth in the construction industry has emerged as one of the key factors impelling the market growth. Automatic doors are gaining widespread adoption to provide secure and convenient door access to differently-abled individuals. Furthermore, these doors find extensive applications in the defense and military sector to strengthen security, allow safe evacuation and minimize the need for the human workforce. Apart from this, the key market players are providing innovative features, such as bollards, boom barriers, and lock and shutter systems, to expand their market reach.

Apart from this, there is a rise in the demand for automatic doors due to the spread of the coronavirus disease (COVID-19), as these doors provide hands-free access to public places, such as offices and restaurants, and help minimize the risk of transmission. However, the lockdowns imposed by governments of several countries have led to a decline in the operational efficiency of various industries, including construction, which has hampered the market growth. The market is expected to revive once these restrictions are relaxed. Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global automatic door market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application. Breakup by Type:

The competitive landscape of the industry has also been examined with some of the key players being ASSA ABLOY Group, Deutschtec GmbH, dormakaba Holding AG, GEZE GmbH, Nabtesco Corporation, Sanwa Holdings Corporation and Stanley Black & Decker Inc. Key Questions Answered in this Report:

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Automatic Door Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Type 6.1 Sliding 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Swinging 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Folding 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Application 7.1 Commercial 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Industrial 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Residential 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Region 9 SWOT Analysis 10 Value Chain Analysis 11 Porters Five Forces Analysis 12 Price Analysis 13 Competitive Landscape 13.1 Market Structure 13.2 Key Players 13.3 Profiles of Key Players 13.3.1 ASSA ABLOY Group 13.3.1.1 Company Overview 13.3.1.2 Product Portfolio 13.3.1.3 Financials 13.3.1.4 SWOT Analysis 13.3.2 Deutschtec GmbH 13.3.2.1 Company Overview.o 13.3.2.2 Product Portfolio 13.3.2.3 Financials 13.3.3 dormakaba Holding AG 13.3.3.1 Company Overview 13.3.3.2 Product Portfolio 13.3.3.3 Financials 13.3.4 GEZE GmbH 13.3.4.1 Company Overview 13.3.4.2 Product Portfolio 13.3.5 Nabtesco Corporation 13.3.5.1 Company Overview 13.3.5.2 Product Portfolio 13.3.5.3 Financials 13.3.6 Sanwa Holdings Corporation 13.3.6.1 Company Overview 13.3.6.2 Product Portfolio 13.3.6.3 Financials 13.3.7 Stanley Black & Decker Inc. 13.3.7.1 Company Overview 13.3.7.2 Product Portfolio 13.3.7.3 Financials 13.3.7.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/lkuwpj