
Published On: Sep 2024
Published On: Sep 2024
According to Business Market Insights' research, the South & Central America automatic door sensors market was valued at US$ 60.66 million in 2023 and is expected to reach US$ 83.50 million by 2031, registering a CAGR of 4.1% from 2023 to 2031. Technological advancements, integration of sensor technologies and touchless solutions, and rapid urbanization are among the critical factors attributed to drive the South & Central America automatic door sensors market growth.
The technology used in automatic doors is constantly evolving to provide greater security, efficiency, and accessibility for users. Automatic doors are now available with a variety of features that can be customized to meet the requirements of any business or facility. The latest innovations in automatic door technology include motion sensors that can detect when someone is approaching the door and trigger it to open automatically. It also includes radar-based sensors that can detect hindrances in the path of the door, preventing it from closing on someone or something.
Advancements in automatic door sensors, such as integration with building management systems, foot traffic detection, and facial recognition, can improve user experience and safety, driving the demand for these advanced sensors. Sensors with advanced features such as self-diagnostics, remote monitoring, and energy efficiency can command premium prices, increasing profitability for manufacturers. In addition, companies that embrace innovation and offer advanced sensor solutions can differentiate themselves from competitors and attract new customers seeking cutting-edge technology. For instance, in June 2022, Infineon Technologies AG introduced its battery-powered smart alarm system (SAS). The technology achieves high accuracy and very low-power operation using sensor fusion based on artificial intelligence/machine learning (AI/ML). This technology, combined with low-power wake-on acoustic event detection, provides remarkable performance. Infineon also provides a sensor fusion software algorithm based on precisely trained AI/ML that combines acoustic and pressure sensor data to accurately differentiate between sharp sounds inside a home and distinctive audio/pressure event. Thus, technological advancements in automatic door sensors hold the potential to unlock significant opportunities for the market by driving growth, profitability, and competitive advantage for manufacturers and creating a wider range of options for consumers.
Based on type, the South & Central America automatic door sensors market is segmented into microwave sensors, infrared sensors, laser sensor, and others. The microwave sensors segment held 41.5% share of South & Central America automatic door sensors market share in 2023, amassing US$ 25.16 million. It is projected to garner US$ 36.95 million by 2031 to register 4.9% CAGR during 2023-2031.
In terms of application, the South & Central America automatic door sensors market is segmented into commercial, industrial, residential, and others. The commercial segment held 44.1% share of South & Central America automatic door sensors market in 2023, amassing US$ 26.76 million. It is anticipated to garner US$ 38.79 million by 2031 to expand at 4.7% CAGR during 2023-2031.
Based on country, the South & Central America automatic door sensors market is categorized into Brazil, Argentina, and the Rest of South and Central America. Our regional analysis states that Brazil captured 51.3% share of South & Central America automatic door sensors market in 2023. It was assessed at US$ 31.12 million in 2023 and is likely to hit US$ 44.53 million by 2031, registering a CAGR of 4.6% during 2023-2031.
Key players operating in the South & Central America automatic door sensors market are BBC Bircher AG; GEZE GmbH; Pepperl+Fuchs SE; and Ningbo VEZE Automatic Door Co., Ltd.; among others.
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