Analysis of the Indian Automatic Door Systems Market - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-19 00:23:03
Smart entrance doors are becoming increasingly installed across a large number of industry sector buildings as investments increase dramatically. Smart entrance doors are being installed within the hospitality, retail, commercial and healthcare sectors. In addition, growing awareness of energy efficiency and the environmental impact on using automatic doors has resulted in the wide acceptance of automatic doors in residential sectors as well as educational institutions. The improved technological systems installed with these doors has limited the cost of running automatic doors over time to make them cost effective compared to conventional doors.
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.
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