Market Overview:
The global induction electric door market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and low-maintenance doors across various applications. Additionally, the growing awareness about safety and security is also propelling the demand for induction electric doors in commercial establishments. The sliding door segment is expected to hold a dominant share of the global induction electric door market during the forecast period, owing to its growing popularity in residential as well as commercial applications.
Product Definition:
An Induction electric door is a device that uses an electric current to create a magnetic field. This magnetic field can be used to open or close a door. Induction electric doors are often used in factories and other industrial settings where safety is a concern.
Sliding Door:
Sliding door is a type of manual or automatic sliding door. It's primary function is to provide protection from rain, wind, snow and other natural calamities. However, it also serves as an excellent decorative piece in homes and offices. Sliding doors are available in various sizes and shapes according to the space required or the aesthetic appeal desired by the user.
Revolving Door:
The Revolving Door is also known as the swing door and it's used in residential and commercial buildings for allowing free passage. It consists of a hanger, which is mounted on a hinge with one end connected to the door frame while the other end holds an insulated metal plate, upon which current can be passed to operate the mechanism.
Application Insights:
The office building segment dominated the global induction electric door market in 2017, accounting for a share of over 30.0% in terms of revenue. The growth can be attributed to the increasing number of startups across the globe. In addition, growing awareness regarding energy conservation is driving companies towards installing energy-efficient products such as this one which results into increased demand for DE doors globally.
The business center segment is expected to witness significant growth over the forecast period owing to an increase in demand from corporate offices and hotels/resorts for privacy and security purposes coupled with a decrease in operating cost as these doors do not require additional power sources or batteries which reduces maintenance cost significantly over time.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for induction electric door over the forecast period. The growth can be attributed to increasing construction activities in emerging economies of India and China. In addition, rising number of renovation projects in these countries will drive demand further. For instance, according to a survey conducted by China Construction Industry Association (CCIA) in 2016, out of total 1 million commercial buildings were planned or built during 2015-2016 fiscal year; about 940 thousand were built as per Planning Permission while 140 thousand buildings were approved after planning permission was received.
Europe accounted for more than 25% revenue share in 2017 owing to high concentration of office spaces and shopping malls across major cities including London, Paris and Rome among others which are anticipated to drive product adoption over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products
- Rising disposable income of consumers
- Technological advancements in induction electric door systems
- Growing awareness about the benefits of induction electric doors among consumers
- Government initiatives to promote the use of energy-efficient products
Scope Of The Report
Report Attributes
Report Details
Report Title
Induction Electric Door Market Research Report
By Type
Sliding Door, Revolving Door, Swing Door, Folding Door, Other
By Application
Hospital, Airports, Retail Store, Hotels, Office Building, Business Center, Super Market, Others
By Companies
Stanley, Dorma, Assa Abloy, Nabtesco, Record, Boon Edam, Horton Automatics, Panasonic, Geze, Tormax, ERREKA, Portalp, Grupsa, Dream
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Induction Electric Door Market Report Segments:
The global Induction Electric Door market is segmented on the basis of:
Types
Sliding Door, Revolving Door, Swing Door, Folding Door, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Airports, Retail Store, Hotels, Office Building, Business Center, Super Market, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley
- Dorma
- Assa Abloy
- Nabtesco
- Record
- Boon Edam
- Horton Automatics
- Panasonic
- Geze
- Tormax
- ERREKA
- Portalp
- Grupsa
- Dream
Highlights of The Induction Electric Door Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sliding Door
- Revolving Door
- Swing Door
- Folding Door
- Other
- By Application:
- Hospital
- Airports
- Retail Store
- Hotels
- Office Building
- Business Center
- Super Market
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Induction Electric Door Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Induction electric door is a type of electric door that uses an induction coil to open and close the door. The induction coil creates a magnetic field that interacts with the metal contacts on the edge of the door, causing it to open or close.
Some of the key players operating in the induction electric door market are Stanley, Dorma, Assa Abloy, Nabtesco, Record, Boon Edam, Horton Automatics, Panasonic, Geze, Tormax, ERREKA, Portalp, Grupsa, Dream.
The induction electric door market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Induction Electric Door Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Induction Electric Door Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Induction Electric Door Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Induction Electric Door Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Induction Electric Door Market Size & Forecast, 2018-2028
4.5.1 Induction Electric Door Market Size and Y-o-Y Growth
4.5.2 Induction Electric Door Market Absolute $ Opportunity
Chapter 5 Global Induction Electric Door Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Induction Electric Door Market Size Forecast by Type
5.2.1 Sliding Door
5.2.2 Revolving Door
5.2.3 Swing Door
5.2.4 Folding Door
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Induction Electric Door Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Induction Electric Door Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Airports
6.2.3 Retail Store
6.2.4 Hotels
6.2.5 Office Building
6.2.6 Business Center
6.2.7 Super Market
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Induction Electric Door Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Induction Electric Door Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Induction Electric Door Analysis and Forecast
9.1 Introduction
9.2 North America Induction Electric Door Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Induction Electric Door Market Size Forecast by Type
9.6.1 Sliding Door
9.6.2 Revolving Door
9.6.3 Swing Door
9.6.4 Folding Door
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Induction Electric Door Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Airports
9.10.3 Retail Store
9.10.4 Hotels
9.10.5 Office Building
9.10.6 Business Center
9.10.7 Super Market
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Induction Electric Door Analysis and Forecast
10.1 Introduction
10.2 Europe Induction Electric Door Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Induction Electric Door Market Size Forecast by Type
10.6.1 Sliding Door
10.6.2 Revolving Door
10.6.3 Swing Door
10.6.4 Folding Door
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Induction Electric Door Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Airports
10.10.3 Retail Store
10.10.4 Hotels
10.10.5 Office Building
10.10.6 Business Center
10.10.7 Super Market
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Induction Electric Door Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Induction Electric Door Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Induction Electric Door Market Size Forecast by Type
11.6.1 Sliding Door
11.6.2 Revolving Door
11.6.3 Swing Door
11.6.4 Folding Door
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Induction Electric Door Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Airports
11.10.3 Retail Store
11.10.4 Hotels
11.10.5 Office Building
11.10.6 Business Center
11.10.7 Super Market
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Induction Electric Door Analysis and Forecast
12.1 Introduction
12.2 Latin America Induction Electric Door Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Induction Electric Door Market Size Forecast by Type
12.6.1 Sliding Door
12.6.2 Revolving Door
12.6.3 Swing Door
12.6.4 Folding Door
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Induction Electric Door Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Airports
12.10.3 Retail Store
12.10.4 Hotels
12.10.5 Office Building
12.10.6 Business Center
12.10.7 Super Market
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Induction Electric Door Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Induction Electric Door Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Induction Electric Door Market Size Forecast by Type
13.6.1 Sliding Door
13.6.2 Revolving Door
13.6.3 Swing Door
13.6.4 Folding Door
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Induction Electric Door Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Airports
13.10.3 Retail Store
13.10.4 Hotels
13.10.5 Office Building
13.10.6 Business Center
13.10.7 Super Market
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Induction Electric Door Market: Competitive Dashboard
14.2 Global Induction Electric Door Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley
14.3.2 Dorma
14.3.3 Assa Abloy
14.3.4 Nabtesco
14.3.5 Record
14.3.6 Boon Edam
14.3.7 Horton Automatics
14.3.8 Panasonic
14.3.9 Geze
14.3.10 Tormax
14.3.11 ERREKA
14.3.12 Portalp
14.3.13 Grupsa
14.3.14 Dream
