Automatic Door Market Projected to Expand at a 7.80% CAGR, Surging Towards 2032
August 2, 2024 ⚊ 1 Min read ⚊ Views 18 ⚊ BUSINESS
According to a comprehensive research report by Market Research Future (MRFR), Automatic Door Market Size was valued at USD 22.9 Billion in 2023. The Automatic Door Market industry is projected to grow from USD 24.6 Billion in 2024 to USD 41.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2024 – 2032).
Automatic doors have become an integral part of modern infrastructure, offering convenience, accessibility, and enhanced security across various sectors. From retail stores to hospitals, airports to hotels, automatic doors have significantly transformed the way people enter and exit buildings. The global automatic door market is witnessing substantial growth, driven by technological advancements, rising demand for energy-efficient solutions, and the growing focus on enhancing user experience.
