The APAC automatic door sensors market is expected to grow from US$ 276.60 million in 2019 to US$ 448.90 million by 2027; it is estimated to grow at a CAGR of 6.3 % from 2020 to 2027.
Australia, China, India, Japan, and South Korea are major economies in APAC. Mounting popularity of smart airports and airport development activities is expected to escalate the APAC automatic door sensors market. The increasing growth of the aviation industry over the years has complemented developments in several associated technologies, such as internet connectivity. Governments of APAC countries are investing in smart airport technologies, such as smart sensors, communication and network systems, cameras, RFID tags, and wearable devices, owing to rising preference for real-time information and growing demand for advanced connectivity technologies in airport operations. Further, the increasing development of new airports and expansion of existing airports in APAC countries are expected to drive the growth of the APAC automatic door sensors market. In August 2020, Gammon Construction Limited, Hong Kong-based construction and engineering contractor, was awarded a four-year contract amounting US$ 1.7 billion by the Hong Kong Airport to expand Terminal 2 at Chek Lap Kok Airport. Such expansion activities are likely to boost the demand for automatic door sensors during the forecast period across APAC region.
Further, in case of COVID-19, APAC is highly affected specially India. The tremendous growth in the spread of the virus has urged governments across APAC to impose strict restrictions on vehicles and human’s movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries across APAC region. APAC is one of the crucial regions for the future growth of the market, owing to many developing countries such as China, Japan, and India. These countries have a high industrial presence, a positive economic outlook, and favorable government policies, which provide immense growth opportunities for the automatic door sensors market. However, the ongoing COVID-19 outbreak has caused massive disruptions in the growth of various sectors of the APAC region. For instance, according to the National Statistical Office (NSO) data, the manufacturing sector output declined by 20.6% in May 2020 compared to a growth of 3.1 % in May 2019 due to travel restrictions, closing of manufacturing plants, unavailability of raw materials, and workforce. However, with the increasing development of new airports in countries such as China and India is expected to provide growth opportunities to the market. Whereas Japan, South Korea, and Australia are still combating the virus, impacting their respective industrial economy. This factor will adversely influence the market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC automatic door sensors market. The APAC automatic door sensors market is expected to grow at a good CAGR during the forecast period.
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APAC Automatic Door Sensors Market Segmentation
APAC Automatic Door Sensors Market – By Type
- Microwave Sensors
- Infrared Sensors
- Laser Sensors
- Others
APAC Automatic Door Sensors Market – By Application
- Residential
- Commercial
- Industrial
- Others
APAC Automatic Door Sensors Market, by Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
APAC Automatic Door Sensors Market -Companies Mentioned
- BBC Bircher AG
- BEA
- GEZE GmbH
- Hotron Ltd
- Nabtesco Corporation
- Ningbo Eimage Studio Equipment Co., Ltd
- Pepperl+Fuchs
Asia Pacific Automatic Door Sensors Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 276.60 Million |
| Market Size by 2027 | US$ 448.90 Million |
| CAGR (2020 - 2027) | 6.3 % |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
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