Report : Automatic Door Sensors Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Microwave Sensors, Infrared Sensors, Laser Sensors, and Others); Application (Residential, Commercial, Industrial, and Others), and Geography
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.
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.
Developing infrastructure and increasing population are the prime enablers of the automatic door sensors market growth as commercial and residential segments are the prominent users. The region comprises several developing economies—including India and several Southeast Asian countries—posing strong demand for more infrastructure projects. Further, governments of various countries are taking several measures to attract private investments in infrastructure development. Growing investments in the commercial as well as residential construction are bolstering the demand for automatic doors in APAC countries. The development of cinema complexes, malls, corporate offices, universities, gyms, and supermarkets is further contributing toward the growth of the market.
Key Findings of Study:
The global miniature pneumatics market is segmented into five major regions—North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and South America (SAM). In North America, continuous contribution of tech-giants to technological advancements has created a stir in the competitive market across the region; population in this region is inclined toward technological developments due to high spending power. The companies in this region are continuously enhancing their overall business processes to efficiently meet the customer demand for high-quality products and services.
The government bodies of the region are investing substantial amounts in the development of commercial infrastructures, including airports, hospitals, hotels, office buildings, and universities. The modern-day builders and contractors are emphasizing on installing advanced technologies in the existing infrastructure to make it more comfortable, safe, and modern. Majority of the aforementioned facilities experience a significantly high footfall regularly; hence, the installation of auto doors is of utmost importance to the builders. This aspect is expected to boost the demand for automatic door sensors in North America.
In addition, the market is also witnessing key developments which has contributed towards the market growth. Pepperl+Fuchs releases new RAVE radar motion sensor in April 2019. The sensor is an appropriate door opener for automation tasks in the harsh industrial environment. Similarly, GEZE had also released their latest driver model in the portfolio of GEZE Powerturn range of drivers. The Powerturn F has been manufactured for special situations such as double-leaf, asymmetrical swing doors with partial automation. Such developments by gigantic players and growing construction industry will fuel the market growth .