Asia Pacific Automatic Door Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Type, Operating Mechanism, End User, and Region
Asia Pacific Automatic Door Market was valued at USD 5.79 billion in 2023. Asia Pacific Automatic Door Market size is estimated to grow at a CAGR of 7.96% over the forecast period
Format : PDF | Report ID : SMR_992
Asia Pacific Automatic Door Market Definition:
Automatic Doors can be equipped with various types of sensors such as motion sensors, pressure sensors, optical sensors, etc. Touchless entrance is enabled by automatic doors, which allow visitors to pass through the entrance without contacting the door.
Further, Asia Pacific Automatic Door market is segmented by Type, Operating Mechanism, End-User, and geography. On the basis of Type, the Automatic Door market is segmented under glass, plastic, and metal. Based on the operating mechanism, the Automatic Door market is segmented under sliding, swinging, folding, and others. Based on the End-user, the Automatic Door market is segmented into industrial, commercial, and residential. By geography, the market covers the major countries in Asia Pacific i.e., India, China, Japan, Australia, and Rest of Asia Pacific for each segment, the market sizing, and forecasts have been done on the basis of value (in USD Billion).
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Asia Pacific Automatic Door COVID 19 Insights:
The COVID19 pandemic has had a serious effect on the construction sector and has slowed the progress of infrastructure projects in Asia Pacific region.
Demand for residential and commercial buildings has declined because of supply chain disruption and shutdown in almost all countries. India and China were having massive covid 19 cases which harmed the sales of automatic doors. The market for automatic doors had declined over time.
Asia Pacific Automatic Door Market Dynamics:
Increasing construction sector in Asia Pacific region: The construction sector in India is growing at a CAGR of 11.5%. The government’s support for the developing infrastructure in India is driving the construction sector.
India and China are the leaders in Asia Pacific region. China and India account for about 36% of the total world population and 67% of the population in Asia. The demand for residential real estate is increasing rapidly. Residential and commercial construction is booming in this region.
Increasing construction of malls, hospitals, pharmaceutical companies, etc. is driving the automatic doors market in this region as automatic doors are widely used in these sectors.
The construction sector in China is growing at a CAGR of 9.7. Motion sensors which are majorly used in automatic doors are manufactured in China. The motion sensors market in China is expected to grow at a CAGR of 7.5% through the forecasted period.
Increasing Awareness of the advantages offered by the Automatic Doors: Another key element that will boost the growth of the Automatic Door market is the growing knowledge of the various benefits offered by these automatic doors, such as increased security and low energy consumption.
The operating costs of these systems are quite inexpensive and may be readily afforded by any type of person. Furthermore, the fact that these doors are highly sturdy and durable, easy to handle, and can be modified in terms of design and size is a crucial factor that will accelerate the Automatic Door market growth.
With an Automatic door, there is no need for anyone to touch shared surfaces such as door knobs. This helps to keep germs away. People usually enjoy the convenience of the hands-free building entrance, especially while lugging groceries, or bringing home a new piece of heavy furniture.
The use of automatic doors is very popular in China, the smart home concept is also flourishing in China. Revenue of about USD 1.08 Bn was collected in China from smart home devices.
High Installing Cost: Initially, one of the primary constraints limiting the growth of the Automatic Door market is the high cost of installing these automatic doors. Without a doubt, the security linked with these doors is very high and modern, and as a result, it can cause very serious physical harm. This is another element that may limit the market's growth..
Proper Maintenance is required: These doors must be properly maintained and serviced at regular intervals, and the consumer bears a large expense for the maintenance at all times. As a result, this is another factor that may hinder the growth of the Automatic Door market.
Asia Pacific Automatic Door Market Opportunities: Both established and developing firms are boosting investment and research for the development of improved solutions that enhance the automation of door operations, resulting in an increase in demand for entry automation in workplaces and an opportunity to drive the Automatic Door market growth.
Furthermore, the increased need for temperature-controlled doors in different sectors such as chemical manufacturing, pharmaceuticals, and beverages is likely to drive the Automatic Door market growth in the coming years. Also, the rising construction sector will drive the automatic door market in the future.
Asia Pacific Automatic Door Market Segment Analysis:
By Operating Mechanism, the sliding segment dominates the market operating mechanism and is expected to increase at a CAGR of 7.8% through the forecast period. The automated sliding mechanism is perfect for residential constructions, hotels, offices, flats, major retail outlets, airports, and other construction projects because it offers numerous advantages such as energy savings and easy entry.
Rising consumer adoption of sliding automated doors, as well as a rising residential building, are expected to drive the automatic door market growth. The use of automatic doors is growing in the hospital and pharmaceutical companies.
Because hygiene is tightly enforced in hospitals and pharmaceutical firms, automatic doors are quite useful.
By End User, the automatic door market is segmented into industrial, commercial, and residential. The commercial segment dominates the market in terms of revenue.
The rising use of automatic doors and sliding doors in infrastructure projects and commercial buildings is driving the growth of the Automatic Door Market. The commercial construction market in India is expected to grow at a CAGR of 11.5%, with increased construction of malls and high-tech buildings driving the market growth.
Asia Pacific Automatic Door Market Key Players Insights:
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of Asia Pacific Automatic Door market to the stakeholders in the industry. The report provides trends that are most dominant in Asia Pacific Automatic Door market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of Asia Pacific Automatic Door Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in Asia Pacific Automatic Door market report is to help understand which market segments, and regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in Asia Pacific Automatic Door market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in Asia Pacific Automatic Door market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in Asia Pacific Automatic Door market. The report also analyses if Asia Pacific Automatic Door market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence Asia Pacific Automatic Door market. Economic variables aid in the analysis of economic performance drivers that have an impact on Asia Pacific Automatic Door market. Understanding the impact of the surrounding environment and the influence of environmental concerns on Asia Pacific Automatic Door market is aided by legal factors.
Asia Pacific Automatic Door Market Scope:
Asia Pacific Automatic Door Market |
|
Market Size in 2023 |
USD 5.79 Bn. |
Market Size in 2030 |
USD 9.91 Bn. |
CAGR (2024-2030) |
7.9% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Type
|
By Operating Mechanism
|
|
By End User
|
|
Country Scope |
|
Asia Pacific Automatic Door Market Key Players:
- KBB Doors (Beijing, China)
- ASSA ABLOY Group (Stockholm, Sweden)
- Ningbo Oudany Automatic Doors Co., Ltd. (Zhejiang, China)
- Shanghai DEPER Automatic Door & Window (China)
- HOM Automation Pvt. Ltd. (India)
- Kalsi Automatic Door Systems Pvt. Ltd. (India)
- Microfine Autodoor Technology Co., Ltd (China)
- Boom Edam (Netherlands)
Frequently Asked Questions
The market size of Asia Pacific Automatic Door Market by 2030 is expected to reach USD 9.91 Billion.
The forecast period for Asia Pacific Automatic Door Market is 2024-2030.
The market size of Asia Pacific Automatic Door Market in 2023 was valued at USD 5.79 Billion.
1. Asia Pacific Automatic Door Market: Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Up Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Asia Pacific Automatic Door Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments
3. Asia Pacific Automatic Door Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Revenue (2023)
3.2.6. Market Share
3.2.7. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovations
4. Asia Pacific Automatic Door Market: Dynamics
4.1. Asia Pacific Automatic Door Market Trends
4.2. Asia Pacific Automatic Door Market Drivers
4.3. Asia Pacific Automatic Door Market Restraints
4.4. Asia Pacific Automatic Door Market Opportunities
4.5. Asia Pacific Automatic Door Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Legal Factors
4.7.5. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
5. Asia Pacific Automatic Door Market: Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
5.1. Asia Pacific Automatic Door Market Size and Forecast, by Type (2024-2030)
5.1.1. Glass
5.1.2. Metal
5.1.3. Plastic
5.2. Asia Pacific Automatic Door Market Size and Forecast, by Operating Mechanism (2024-2030)
5.2.1. Sliding
5.2.2. Folding
5.2.3. Swinging
5.2.4. Others
5.3. Asia Pacific Automatic Door Market Size and Forecast, by End-User (2024-2030)
5.3.1. Industrial
5.3.2. Commercial
5.3.3. Residential
5.4. Asia Pacific Automatic Door Market Size and Forecast, by Country (2024-2030)
5.4.1. China
5.4.2. India
5.4.3. Japan
5.4.4. South Korea
5.4.5. Australia
5.4.6. ASEAN
5.4.7. Rest of APAC
6. Company Profile: Key Players
6.1. KBB Doors
6.1.1. Company Overview
6.1.2. Product Segment
6.1.2.1. Product Name
6.1.2.2. Product Details (Price, Features, etc)
6.1.3. Financial Overview
6.1.3.1. Total Revenue
6.1.3.2. Segment Revenue
6.1.4. SWOT Analysis
6.1.5. Strategic Analysis
6.1.6. Recent Developments
6.2. ASSA ABLOY Group
6.3. Ningbo Oudancy Automatic Doors Co., Ltd.
6.4. Shanghai DEPER Automatic Door & Window
6.5. HOM Automation Pvt., Ltd.
6.6. Microfine Autodoor Technology Co., Ltd.
6.7. Boom Edam
7. Key Findings
8. Industry Recommendations
8.1. Strategic Recommendations
8.2. Future Outlook