PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1324375
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1324375
According to Stratistics MRC, the Global Automatic Sliding Door Market is accounted for $27.93 billion in 2023 and is expected to reach $55.34 billion by 2030 growing at a CAGR of 10.26% during the forecast period. The kind of sliding doors that use sensor technology to open and close automatically this implies that don't need to push, pull, or press a button to open the door; simply walk in front of it and the sensor will automatically open the door and then close it once it detects no more pressure or movement. The installation of sliding doors may be done in a variety of methods, such as mounting or hanging. The size of the building, the size of the door, and the style of the door will all affect how they are fitted.
According to a survey conducted by the Housing Innovation Association, 73% of kitchen renovations and 74% of bathroom renovations occurred in 2016. The remodelling of office buildings, flats, hotels, hospitals, schools, and other types of commercial and institutional facilities has increased renovation operations, which in turn has increased the demand for doors.
Automatic sliding doors meet the needs for efficient and secure entrance systems in infrastructure development projects such commercial buildings, airports, railway stations, hospitals, retail centres, and educational institutions. The market environment is being driven by the expansion of transportation infrastructure, such as airports, train stations, bus terminals, and subway systems. To manage high traffic levels and guarantee a smooth travel experience, these facilities need effective and secure entrance systems. In these circumstances, automatic doors that have quick opening and shutting rates, security integration, and barrier-free access are essential.
Regarding technology and uses, the doors sector has seen a lot of changes and advancements. Eco-friendly doors are constructed from more expensive materials than their traditional equivalents, such as uPVC doors. For instance, the US Green Building Council developed the Leadership in Energy and Environmental Design (LEED), a system for certifying buildings that focuses on energy saving, a decrease in carbon dioxide emissions, reduced heating, and an improvement in the quality of the interior environment. An example of an energy-efficient product would be patio doors with double or triple panelled glass, which reduce energy loss from heating and cooling.
Enhanced sensors, sophisticated control systems, and networking possibilities, among other improvements in automatic sliding door technology, have enhanced the dependability, effectiveness, and user-friendliness of these doors. Automatic sliding doors are a desirable option for infrastructure development projects as a result of these technical improvements. Therefore, a growth in infrastructure construction activities is raising the market value of automated doors. The growth of the automated doors industry is greatly influenced by the expansion of commercial and retail sectors such shopping centres, office buildings, hotels, and restaurants.
The rise of the door market is hampered by the price swings of these raw materials, which include polymers, wood, metal, and glass. The oil and gas industry is crucial to the production of metal and plastic goods. The price of polymers, metal, and glass is impacted by changes in oil and gas prices. The price of raw materials increases as a result, which affects the demand for doors.
The rapid spread of COVID-19 had a significant influence on global business operations in 2020, upsetting the supply chain and hurting a number of businesses. Due to the rigorous social segregation policies, international border sealing, and national lockdowns, global commerce operations significantly decreased. This had a significant influence on the world economy since businesses all over the world were compelled to shut down completely or partially, which upset the supply-demand balance.
The single sliding segment is estimated to have a lucrative growth, due to a single sliding door is positioned on a single track and slides vertically. They can be made from a number of materials, such as steel sheet panels, mesh, or polycarbonate, and they don't obstruct views. The door blade is held in position by a guide rail on the inside of the door blade. These doors come in a range of sizes and finishes. The advantages of single sliding doors are numerous. They permit ventilation and seclusion and may even enlarge the appearance of a room. They are a great option for compact areas because they are very simple to install.
The push-button segment is anticipated to witness the highest CAGR growth during the forecast period, these sliding door operator is a stylish choice for automating interior sliding doors. The door can be opened manually by pushing a release button, or a contactless opening activator can be sent by a radar motion detector, requiring only a quick hand gesture a convenient, sanitary option. The push button sliding door operator not only opens and closes swiftly and gently, but also actively safeguards the user.
Asia Pacific is projected to hold the largest market share during the forecast period owing to the building of airports, dams, and hydroelectric projects, as well as a surge in other industrial construction projects, can be credited with the region's expansion. The massive populations of China and India, as well as the expansion of the building industry, are to blame for this region's expansion. Government investments in these emerging nations' infrastructure also contribute to the expansion and advancement of doors there.
North America is projected to have the highest CAGR over the forecast period, owing to the region's market dynamics are being boosted by expansion in the business, healthcare, transportation, and residential sectors. In North America, market figures are also being boosted by the implementation of strict building safety rules. Major market contributors in the area include the U.S. and Canada.
Some of the key players profiled in the Automatic Sliding Door Market include: Sanwa Holdings Corporation, Assa Abloy AB, Deutschtec GmbH, Dormakaba Holding AG, GEZE GmbH, Nabtesco Corporation, Manusa Gest S.L., Stanley Black & Decker, Inc., Mondragon Corporation, Rite-Hite Holding Corporation, Kareni B.V. and Royal Boon Edam International B.V
In July 2023, ASSA ABLOY has acquired Sunray Engineering Group Ltd, a UK designer and manufacturer of high specification steel and timber security doors, fire doors and louvre systems.
In March 2023, Rite-Hite Holding Corporation acquired Alpha Door Systems and King Materials Handling, loading dock and industrial door companies, with offices in London and Windsor (Ontario) Canada
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.