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According to the latest research report by IMARC Group, The global automatic door market size reached US$ 20.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/automatic-door-market
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Global Automatic Door Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights Report Description Global Automatic Door Market Research Report: The latest report by IMARC, titled “Automatic Door Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global automatic door market reached a value of US$ 20.0 Billion in 2022. An automatic door refers to a modern door system that generally functions using advanced technologies. It is mainly designed that allows it to close and open when an individual approaches it. It is commonly equipped with motion detectors and sensors that are installed on the sides of the door for sensing changes that occur while detecting light, pressure, sound and movement. It is easy-to-use, fast, noise-free and provides enhanced safety and security in an energy-efficient manner. As a result, it is widely installed in airports, shopping malls, offices and educational institutions. Request Free Sample Report: https://www.imarcgroup.com/automatic-door-market/requestsample
Report Description and Highlights Report Description Global Automatic Door Market Trends: The global market is primarily driven by the rising preference for safe and secured door systems for differently-abled individuals. This is supported by the continual technological advancements and the widespread integration of door systems with innovative sensors. Apart from this, the escalating deployment of artificial intelligence (AI) technology with automatic doors is acting as a major growth-inducing factor. Apart from this, increasing investments by public and private firms in infrastructural development projects across the globe are providing a boost to the market growth. Moreover, the rising adoption of automatic doors across the defense sector for strengthening the security system and enabling safe evacuation is creating a positive outlook for the market. Other factors, including rapid urbanization, continuous product innovations and extensive research and development (R&D) activities conducted by key players to introduce improved product variants, are further contributing to the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 31.9 Billion by 2028, growing at a CAGR of 7.9% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Type: • Sliding • Swinging • Folding • Others Breakup by Application: • Commercial • Industrial • Residential Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan
Report Description and Highlights Report Description • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • ASSA ABLOY Group Deutschtec GmbH dormakaba Holding AG GEZE GmbH Nabtesco Corporation Sanwa Holdings Corporation Stanley Black & Decker Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/automatic-door-market
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