Global Automatic Doors Market 2018-2022
About this market
Increase in demand for automatic doors for clean rooms to drive the market. The installation of automatic doors in clean rooms ensure restraint against temperature, humidity, and pressure. It is designed to ensure minimal space requirements and is always easy to clean to ensure maintenance of hygiene. Technavio’s analysts have predicted that the automatic doors market will register a CAGR of close to 6% by 2022.
Infrastructure projects in emerging economies
There has been a considerable surge in the demand for automatic doors from emerging countries such as China and India, as the government and well as the private sector players are increasingly taking initiatives to improve the infrastructure in the cities.
Operational and cost-related challenges
Vendors in the global automatic doors market have encountered certain operational challenges, which have deterred vendors from garnering the revenue they aimed for. One such challenge is expanding their sales channels to ensure that all kinds of customers are catered to.
For the detailed list of factors that will drive and challenge the growth of the automatic doors market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including Sanwa and Stanley Black & Decker the competitive environment is quite intense. Factors such as the increase in demand for automatic doors for clean rooms and the infrastructure projects in emerging economies, will provide considerable growth opportunities to automatic doors manufactures. ASSA ABLOY, dormakaba, GEZE, Nabtesco, Sanwa, and Stanley Black & Decker are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Automatic Doors Market 2018-2022
Technavio recognizes the following companies as the key players in the global automatic doors market: ASSA ABLOY, dormakaba, GEZE, Nabtesco, Sanwa, and Stanley Black & Decker.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increase in demand for automatic doors for clean rooms.”
According to the report, one of the major drivers for this market is the infrastructure projects in emerging economies.
Further, the report states that one of the major factors hindering the growth of this market is the operational and cost-related challenges.
and Stanley Black & Decker
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