
Published On: Sep 2024
Published On: Sep 2024
According to Business Market Insights’ research, the North America automatic door sensors market was valued at US$ 527.04 million in 2023 and is expected to reach US$ 882.12 million by 2031, registering a CAGR of 6.6% from 2023 to 2031. Increase in construction activities, integration of sensor technologies and touchless solutions, and rapid urbanization are among the critical factors attributed to drive the North America automatic door sensors market growth.
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 demand for various types of automatic door sensors.
On the contrary, high initial and maintenance cost hampers the growth of North America automatic door sensors market.
Based on type, the North America automatic door sensors market is segmented into microwave sensors, infrared sensors, laser sensor, and others. The microwave sensors segment held 40.3% share of North America automatic door sensors market share in 2023, amassing US$ 212.47 million. It is projected to garner US$ 380.76 million by 2031 to register 7.6% CAGR during 2023–2031.
In terms of application, the North America automatic door sensors market is segmented into commercial, industrial, residential, and others. The commercial segment held 40.0% share of North America automatic door sensors market in 2023, amassing US$ 210.59 million. It is anticipated to garner US$ 373.73 million by 2031 to expand at 7.4% CAGR during 2023–2031.
Based on country, the North America automatic door sensors market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 75.7% share of North America automatic door sensors market in 2023. It was assessed at US$ 398.18 million in 2023 and is likely to hit US$ 677.76 million by 2031, registering a CAGR of 6.9% during 2023–2031.
Key players operating in the North America automatic door sensors market are BEA; BBC Bircher AG; GEZE GMBH; MS SEDCO; OPTEX TECHNOLOGIES INC; Pepperl+Fuchs SE; Nabtesco Corp; Ningbo VEZE Automatic Door Co., Ltd.; and TORMAX USA Inc. among others.
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