Automatic Door Sensors Market is expected to reach US$ 2.40 billion by 2031

PRESS RELEASE BY The Insight Partners 09 Apr 2024

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Increase in Construction Activities Boosts Automatic Door Sensors Market Growth

According to our latest study titled “Automatic Door Sensors Market Forecast to 2031 – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Type and Application,” the market is projected to grow from US$ 1.47 billion in 2023 to US$ 2.40 billion by 2031; it is estimated to register a CAGR of 6.3% from 2023-2031.

As construction projects such as offices, hospitals, retail spaces, and airports are built, they often incorporate automatic doors for various reasons, including convenience, accessibility, and energy efficiency. Automatic doors offer a hands-free experience, making entry and exit easier for everyone, particularly those with disabilities or carrying objects. Moreover, several developed economies are seeing a surge in the construction sector. For instance, since 2021, the US has witnessed a remarkable surge in construction activity, marking a significant phase of economic growth and industrial expansion. This period has seen a plethora of construction projects, collectively valued at US$ 500 billion. For instance, the Hudson Yards is a real estate development in the Chelsea and Hudson Yards areas in New York City with a total budget of US$ 20 billion. The project has been described as New York’s largest urban development since Rockefeller Center. Overall, the growth in construction activities fuels the need for automatic doors, consequently driving the automatic door sensors market size.

Automatic Door Sensors Market – by Region, 2021 and 2031

Automatic Door Sensors Market – by Region, 2021 and 2031

Automatic Door Sensors Market Analysis, Growth, Size by 2031

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Automatic Door Sensors Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Microwave Sensors, Infrared Sensors, Laser Sensors, and Others) and Application (Commercial, Industrial, Residential, and Others), and Geography

Source: The Insight Partners Analysis

The increasing construction of hotels propels the automatic door sensors market growth. For instance, there were 1,118 hotel projects under construction in the US in the fourth quarter of 2023, up 11% by projects year over year. In addition, existing buildings may also undergo renovations to improve accessibility and incorporate automatic doors. This creates additional demand for sensors. For instance, in the fourth quarter of 2023, hotel conversions and renovations, which made up a large share of the project pipeline, witnessed growth. Combined, conversion and renovation activity increased by 5% by projects year over year. Further, growing popularity of smart airports and increasing airport development activities are expected to bring new automatic door sensors market trends in the coming years.

The automatic door sensors market analysis has been carried out by considering the following segments: type and application. Based on type, the market is segmented into microwave sensors, infrared sensors, laser sensors, and others. Based on application, the market is segmented into residential, commercial, industrial, and others. The commercial segment held the largest automatic door sensors market share in 2023.

The scope of the automatic door sensors market report is primarily divided into North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America accounted for the largest automatic door sensors market share in 2023. Geographically, the APAC automatic door sensor market is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The APAC automatic door sensor market is expected to grow at a significant rate from 2022 to 2030. The rise in urbanization and the growing construction activities increases the adoption of automatic doors in the residential sector, supporting the automatic door sensor market growth in APAC. For instance, in May 2023, AISIN CORPORATION completed a factory building project in Guangdong, China. The project includes manufacturing new electrification parts such as electric sliding door systems, electric sunroofs, handles, door locks, and other related parts. This project supplies the required automotive components to the users.

The increasing demand for autonomous vehicles among consumers encourages automotive manufacturers to develop advanced door systems. For instance, in October 2023, AISIN CORPORATION launched a new “linkage-type power door system” for passengers to smoothly board and exit the vehicle when necessary. This automatic door consists of a sensor that allows the door to open parallel to the body of the vehicle and supports the user in easy and safe opening/closing and entry/exit, even in a narrow space. The growing demand for automatic door sensors globally is encouraging key market players in APAC to expand their global footprint by increasing their consumer base. This is likely to boost the automatic door sensor market growth during the forecast period.

BEA SA; BBC Bircher AG; TORMAX; GEZE GmbH; Hotron Ltd.; MS Sedco; Nabtesco Corporation; Ningbo VEZE Automatic Door Co., Ltd.; OPTEX CO., LTD.; and Pepperl+Fuchs Pvt. Ltd. are among the key players profiled in the automatic door sensors market report.

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