US Automatic Door Market Set to Surge with a CAGR of 4.26% By 2029

According to a new report, the US automatic door market, which was valued at $5.05 billion in 2023, is projected to witness a Compound Annual Growth Rate (CAGR) of 4.26% between 2023 and 2029.

The demand within the United States for innovative automatic door solutions is spurred by several factors, including the nation's overall economy's upturn, developments in commercial and residential infrastructure, and burgeoning security necessities across various sectors.

As per the research, key trends are shaping the market for automatic doors, with security features like advanced access controls, biometric authentication, and integrated surveillance systems playing an increasingly vital role. Particularly in sectors like healthcare, transportation, and critical infrastructure, these advancements are pivotal in fostering growth within the market.

Additionally, the resurgence of the hotel and lodging industry post-pandemic, combined with sustained economic growth, is propelling the demand for automatic doors. The report notes a marked increase in hospitality occupancy rates and underscores the sector's contribution to the burgeoning market landscape.

The presence of established industry leaders such as ASSA ABLOY, dormakaba Group, and STANLEY Access Technologies characterizes the competitive marketscape. These key players are focused on product innovation, strategic partnerships, and technological enhancements to consolidate their standing in the market.