South & Central America Automatic Door Sensors Market Forecast to 2031 - Regional Analysis - by Type (Microwave Sensors, Infrared Sensors, Laser Sensors, and Others) and Application (Commercial, Industrial, Residential, and Others)
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; it is estimated to register a CAGR of 4.1% from 2023 to 2031.
Growing Popularity of Smart Airports and Increasing Airport Development Activities Fuels South & Central America Automatic Door Sensors MarketThe growing popularity of smart airports and increasing airport development activities are potential trends for the automatic door sensor market. Smart airports heavily integrate various technologies to improve efficiency and passenger experience. Automatic door sensors are a key component of this automation, facilitating smoother passenger flow, reducing congestion, and enhancing accessibility. As new airports are built or existing ones are expanded, the need for modern infrastructure, including automatic doors with sensors, increases significantly. These sensors contribute to improved energy efficiency, security, and overall operational effectiveness. In smart airports, automatic door sensors can be integrated with other smart systems, such as building management systems and passenger flow monitoring systems. This allows for better data collection, analysis, and optimization of door operations, further driving the need for advanced sensors.
South & Central America Automatic Door Sensors Market OverviewThe South America automatic door sensor market is driven by the increasing infrastructure development activities and rising government spending to renovate existing infrastructure. For instance, in December 2023, the Federal Government of South America announced the Routes for Integration program to promote infrastructure development in the region. The government received investment of US$ 10 billion from the Brazilian National Bank for Economic and Social Development (BNDES), The Inter-American Development Bank (IDB), the Development Bank of Latin America and the Caribbean (CAF), and the Fonplata Development Bank for developing and advancing ports, airports, and electricity transmission lines. The advancement of airports increases the demand for automatic door sensors for enhancing security at airports. However, significant benefits offered by automatic door sensors to increase safety and security by providing a seamless experience for staff and passengers are driving the market.
South & Central America Automatic Door Sensors Market Revenue and Forecast to 2031 (US$ Million)
South & Central America Automatic Door Sensors Market Segmentation
The South & Central America automatic door sensors market is categorized into type, application, and country.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 the largest share of South & Central America automatic door sensors market share in 2023.
In terms of application, the South & Central America automatic door sensors market is segmented into commercial, industrial, residential, and others. The commercial segment held the largest share of South & Central America automatic door sensors market in 2023.
By country, the South & Central America automatic door sensors market is segmented into Brazil, Argentina, and the Rest of South and Central America. Brazil automatic door dominated the South & Central America automatic door sensors market share in 2023.
BBC Bircher AG; GEZE GmbH; Pepperl+Fuchs SE; and Ningbo VEZE Automatic Door Co., Ltd. are some of the leading companies operating in the South & Central America automatic door sensors market.
Reasons to BuySave and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America automatic door sensors market.
Highlights key business priorities to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the South & Central America automatic door sensors market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America automatic door sensors market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.