New Report on Indian Automatic Door Systems Market

Reportlinker.com announces that a new market research report is available in its catalogue: Analysis of the Indian Automatic Door Systems Market

Construction Growth Encourages Technology Upgrades of Automatic Doors to Target Niche Applications

Soaring investments flowing through hospitality, retail, commerical and healthcare sectors construction activities in India are opening up opportunities for smart entrance doors. Growing awareness about energy efficiency and environmental impact on using automatic doors have resulted in wide acceptance in residential sectors as well as educational institutions. Technology upgradation in the automatic doors market ensures cost savings in the long run despite the higher initial cost as compared to conventional doors.

Executive Summary

•Automatic doors were considered to be a luxury product in India until recent years. Since the inception of the 'green building' concept, automatic doors have become one of the key elements of saving energy.
•Indians are highly cost conscious and hence, in most instances they prefer sliding doors, which cost less than other automatic door types. Moreover, they are easy to access when compared to revolving and swing doors.
•The Indian automatic doors systems market is largely driven by the growing number of hospitality and commercial buildings across the nation. The market is expected to gain momentum and grow steadily by penetrating into the healthcare and residential sectors.
•Improper development planning and funding of a new building often leads to cancellation of orders due to a last minute funds crunch, resulting in developers opting for cheaper automatic doors such as sliding doors.
•However, India is entering into the green era, where people are concerned about the environmental impact of building materials and systems, and look for high standard products to showcase their brand value. This will drive the market for high priced but energy conserving products such as revolving doors and special doors.
•India seems to be an attractive market for international companies, mainly from the United States, the United Kingdom, and even Australia.

CEO's Perspective

1. Automatic doors are high in demand in the hospitality, commercial, and retail sectors. The market is expected to witness improved penetration in end-user segments like residential and healthcare sectors from 2013 to 2018.
2. Increasing concerns about energy conservation in air-conditioned buildings have led to the replacement of conventional doors with automatic doors.
3. Dynamic expansion of multi-national companies (MNCs) present in the manufacturing services sectors in India has led to the use of smart building technologies such as automatic entrance doors.
4. Manufacturing companies with a strong sales and services network channel will be able to withstand stiff competition and earn a decent share of the market.
5. Product cost is highly dependent on door operators and other door parts, which are mostly imported, resulting in high product price. Companies have started to think about localizing their door parts manufacturing.

Market Overview—Product Definitions

Automatic doors are mechanized doors that are powered to open and close automatically with the support of electricity and spring when a person passes through the door. It can be operated through various activation sensors such as:
•Pressure sensors fixed on floor mats,
•Infrared beam of light,
•Motion sensors using microwave radars,
•Remote sensors using radio waves, and
•Switches that can be operated manually.

Usually, automatic doors are also assisted with safety sensors to avoid colliding with a person or an object while passing through the door. In this study, "automatic door" refers to the complete system consisting of glass panels, operators, sensors, patch fittings, and metal covers. Market revenue has been calculated in X million, units in actual numbers, and prices in X . Automatic doors have been broadly classified based on open/close type as sliding, revolving, swing, and special doors.

Market Overview—Product Classification

Automatic Doors
•Sliding Doors
•Revolving Doors
•Swing Doors
•Special Doors (Telescopic, Hermetic, Curved/ Semi-curved, Sectional, Folding)

•Sliding Doors are widely used automatic door types in India due to their easy access and lower price as compared to the other product types.
•Revolving Doors are highly concentrated in the hospitality sector and high-end commercial buildings to showcase and comply with their international standard.
•Swing Doors is not very popular in India and are used mainly in couple of applications like the retail and healthcare sectors.
•Special Doors are gaining attraction in recent days, especially for specialized applications such as healthcare (for example, in operation theatres and laboratories) and commercial sectors (for example, in warehouses, manufacturing units, and meeting rooms).

Market Overview—End-user Classification

Application areas of automatic doors within end-user segments:
•General applications: outdoor entrances and interior passage doors.
•Specialized applications: clean room areas, operation theatres, conference rooms, and manufacturing units.

Commercial
•Office complexes
•Industrial buildings
•Warehouses

Residential
•Apartments
•Villas

Hospitality
•Hotels
•Restaurants
•Resorts

Retail
•Shopping malls
•Retail Outlets/Showrooms

Healthcare
•Hospitals
•Clinics
•Research labs

Others
•Airports, Metro railway stations
•Educational Institutions
•Public/Government buildings

Market Overview—Indian Economic Indicators

Key Economic Indicators
•GDP Growth Rate: X%
•Population: XBillion Inflation Rate: X%
•*Exchange Rate: $1 = X
•FDI: X Trillion

Import Regulations for Automatic Doors

Commodity Code
Automatic door parts are imported to India with the Harmonized System (HS) commodity code as 9106.10.00.

Commodity Classification
They are classified under the business and industrial sectors with electrical machinery and apparatus as sub-sectors.

Basic Duty and Tax
•Import Duty: X%
•Import VAT: X%

Additional Duties and Taxes
•Landing charges: X% of cost insurance and freight (CIF).
•Countervailing duty: X% of the sum of CIF and Landing charges.
•Additional countervailing duty: X% of the sum of duty, landing charges, and countervailing duty.

Market Overview—Snapshot of the Indian Construction Industry

Commercial
•Infrastructure developments like metro railway stations are driving the demand for commercial space.
•There is rapid growth in the number of MNCs for information technology services.

Hospitality
•The Indian hospitality sector experienced about X% growth in demand during 2012–2013, boosted mainly by robust tourism.
•Tax incentives and higher floor space index for hotels in India encourage supply value to meet increasing demand.

Retail
•Booming consumerism and increase in FDI limit for the multi-branded retail market will result in a compound annual growth rate (CAGR) of about X% for the organized retail construction sector from 2012 to 2018.

Healthcare
•Hospital chains and day-care centre construction developments attract the major share of the total private equity investments up to X trillion.
•The healthcare construction sector is likely to experience a CAGR of X% from 2012 to 2018, demanding X million additional beds.

Others
•Aggressive growth plans in schools and skill-space educational institutions in non-metro cities are expected to boost the educational construction market.

Overall Real Estate Market
•The real estate construction market in India is expected to gain X billion by 2020 with an average annual growth rate (AAGR) of X% between 2013 and 2020.
•The demand for real estate construction in major metropolitan cities is expected grow by about X% until 2014.
•Tier 1 cities such as Mumbai, the National Capital Region (NCR), and Bengaluru are expected to account for nearly half of the total office space demand in India.
•In India, the growth in demand for office space in cities like Kolkata and Chennai is expected to be very high.

Key Questions This Study Will Answer

Is the market growing? How long will it continue to grow and at what rate?
Are the existing competitors structured correctly to meet customer needs?
Will these companies continue to exist or will they get acquired by other companies?
How will the structure of the market change with time? Is it ripe for acquisitions?
Are the products currently offered meeting customer needs or is additional development needed?
Are the vendors in the space ready to go it alone, or do they need partnerships to take their business to the next level?

Table Of Contents

1. Executive Summary
2. Market Overview
3. Total Automatic Door Systems Market
• External Challenges: Drivers and Restraints
• Forecast and Trends
• Demand Analysis
• Market Share and Competitive Analysis
4. Product Segment Breakdown
• Sliding Doors Segment
• Revolving Doors Segment
• Swing Doors Segment
• Special Doors Segment
5. The Last Word
6. Appendix

Source: http://www.reportlinker.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.