According to our latest market study on “Automatic Door Sensors Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Microwave Sensors, Infrared Sensors, Laser Sensors, Others); Application (Residential, Commercial, Industrial, Others),” the market was valued at US$ 1,257.23 million in 2019 and is projected to reach US$ 1,857.27 million by 2027; it is expected to grow at a CAGR of 5.1% from 2020 to 2027. The report highlights key factors driving the market growth, and prominent players with their developments in the market.
Commercial buildings across the globe is driving the growth of automatic door sensors market
Several commercial spaces such as hospitals, restaurants, government and co-operate offices, and others are investing in advanced technologies to strengthen their capabilities with advanced machineries and offer enhanced services to customers. Countries such as Germany, the US, the UK, China, and others are developing advanced for the global automatic door sensors market. Also, rising procurement of automatic door sensors by the US Army is supporting the market growth. Growing industrialization in developing nations such as India, China, and Indonesia and increasing reforms by the government of countries such as China and India for residential development are driving the growth of the market.
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Asia Pacific is one of the crucial regions for the future growth of the market, owing to the existence of 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. 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, closure of manufacturing plants as well as 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. Japan, South Korea, and Australia are still combating the virus, which is impacting their respective industrial economy.
PDF Sample Report covers Research Requirement, also including impact analysis of COVID-19 on Automatic Door Sensors market.
Major Product Type of Automatic Door Sensors Market Research report:
- Microwave Sensors
- Infrared Sensors
- Laser Sensors
- Others
Application Automatic Door Sensors Market Research Report:
- Commercial
- Residential
- Industrial
- Others
Key Offerings:
- Market Size & Forecast by Revenue | 2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors.
Automatic Door Sensors Market Regional and Country-wise Analysis:
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
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Key Factors covered are:
- To characterize, portray, and check the Automatic Door Sensors market based on product type, application, and region.
- To estimate and inspect the size of the Automatic Door Sensors market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
- To estimate and inspect the Automatic Door Sensors markets at country-level in every region.
- To strategically investigate every sub-market about personal development trends and its contribution to the Automatic Door Sensors market.
- To look at possibilities in the Automatic Door Sensors market for shareholder by recognizing excessive-growth segments of the market.
Key Highlights & Touch Points of the Automatic Door Sensors Market Worldwide for the Forecast Year 2028
- Broad data on variables that will enhance the development of the Automatic Door Sensors market over the forthcoming years
- Precise assessment of the worldwide Automatic Door Sensors market size exact assessments of the forthcoming patterns and changes saw in the customer conduct
- Development of the worldwide Automatic Door Sensors market across the North and South America, Asia Pacific, EMEA, and Latin America
- Data about Automatic Door Sensors market development potential
- Top to bottom investigation of the business' serious scene and itemized data opposite on different merchants
- Outfitting of itemized data on the elements that will control the development of the Automatic Door Sensors markets
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