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According to a market report by Lucintel, the future of the automatic door closer market looks promising with opportunities in the commercial, industrial, and residential applications. The global automatic door closer market is expected to reach an estimated $3.8 billion by 2028 with a CAGR of 5.9% from 2023 to 2028. The major drivers for this market are increasing construction industry, growing need for automated doors that improve security, enable safe departure, and reduce the requirement for human effort in defense and military application, and rising use of these door closers to avoid injuries and door damage caused by any windy climatically change.



In this market, control of push button, control of motion detector, and control of other device are the major segments of automatic door closer market by product type. Lucintel forecasts that control of motion detector is expected to witness highest growth over the forecast period due to the increasing use of these doors that automatically open or close in response to movement, pressure, or infrared images.



Within this market, commercial is expected to witness highest growth over the forecast period due to the significant use of these doors at the main entrances of commercial buildings to facilitate the entrance of large numbers of individuals.



North America is expected to witness highest growth over the forecast period due to rapid urbanisation and increasing number of building construction and renovation in the region.

ASSA ABLOY, Deutschtec, dormakaba Holding, GEZE, and Nabtesco are the major suppliers in the global automatic door closer market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automatic door closer market by product type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Automatic Door Closer Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automatic door closer market by product type, application, and region, as follows:


Automatic Door Closer Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Control of Push Button


  • Control of Motion Detector


  • Control of Other Device



Automatic Door Closer Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Commercial


  • Industrial


  • Residential



Automatic Door Closer Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 


About Lucintel



Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the automatic door closer market by product type (control of push button, control of motion detector, and control of other device), application (commercial, industrial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?