PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1577151
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1577151
Power Swing Door System Market Forecasts to 2030 - Global Analysis By Component, Vehicle Type, Propulsion, End User and by Geography
According to Stratistics MRC, the Global Power Swing Door System Market is accounted for $606.82 million in 2024 and is expected to reach $1396.30 million by 2030 growing at a CAGR of 14.9% during the forecast period. An advanced automated solution for smooth and effective door operation in a variety of commercial, industrial, and residential settings is a Power Swing Door System. Swing doors can now open and close automatically owing to the use of motorized parts, sensors, and control units, providing convenience, accessibility, and increased security. Hospitals, retail establishments, airports, and office buildings, among other places where accessibility and energy efficiency are crucial, widely use these systems. Furthermore, a lot of power swing door systems have features that can be customized, like manual override options, safety sensors, and varying closing speeds, which makes them environment-adaptable and versatile.
According to the U.S. Census Bureau, in 2022, the total construction spending in the U.S. was approximately $1.79 trillion, highlighting increased investments in infrastructure and commercial properties where automated door systems, including power swing door systems, are widely used.
Market Dynamics:
Driver:
Growing acceptance of electric cars
Electric vehicles (EVs) are becoming increasingly popular among consumers as a result of a global movement towards sustainability and lowering carbon footprints. Manufacturers are adding more cutting-edge features, such as power swing doors, to their EV offerings in an effort to set them apart from the competition and improve both functionality and appearance. In addition to making entry simple, these doors help give EV buyers the sleek, contemporary look that they so much want. Moreover, as government subsidies for electric vehicle purchases increase, more buyers are probably going to choose electric vehicles with cutting-edge features like power swing doors.
Restraint:
High start-up expense
The substantial upfront costs of power swing door systems are among the biggest obstacles influencing the market for these systems. The addition of sophisticated parts like motors, sensors, control units, and wiring harnesses makes power swing doors generally more costly than manual doors. Particular installation and calibration are needed for these electromechanical systems, which can drive up costs even more. Furthermore, adopting power swing door technology can be discouraged by this high upfront cost for many manufacturers and consumers, particularly in markets where spending is tight.
Opportunity:
Connectivity to intelligent building systems
Power swing door systems have a lot of opportunities owing to the trend toward smart buildings. Power swing doors can be linked into centralized building management systems that enable remote monitoring and control as more structures use Internet of Things (IoT) technologies. Through the use of real-time data to optimize door operation, this integration not only increases convenience but also improves energy efficiency. Moreover, businesses are well-positioned to profit from this expanding trend if they create compatible systems or collaborate with suppliers of smart building technology.
Threat:
Supply chain interruptions
The worldwide supply chain is more susceptible to disruptions as a result of a number of factors, such as pandemics, natural disasters, and geopolitical difficulties. These weaknesses were brought to light by the COVID-19 pandemic, which resulted in considerable delays in the manufacture and delivery of vital parts for power swing door systems. Additionally, these interruptions may result in a stop to production, higher expenses, and an inability to satisfy customer demand, all of which would impede market expansion.
Covid-19 Impact:
The COVID-19 pandemic had a substantial effect on the market for power swing door systems, mostly through upsetting international supply chains and leading to shortages of components and raw materials needed for manufacturing. Due to difficulties locating these essential components, automakers experienced production lags and a deceleration in the release of cars with power swing door systems. In addition to having an immediate negative impact on market expansion, this disruption raised costs and created uncertainty in the supply chain. However, the pandemic's after-effects are still influencing industry consumer demand and operational strategies.
The Electric Motor segment is expected to be the largest during the forecast period
Due to its great efficiency and accuracy in operation, the electric motor segment has the largest market share in the power swing door system market. The complex mechanisms of power swing doors require the power of electric motors, which offer dependable performance that improves user experience. Their capacity to provide steady torque and speed enables controlled and smooth door movements, which is essential in situations where accessibility and safety are top priorities. Moreover, electric motors are becoming more and more popular due to their efficiency in powering these cutting-edge door systems, as the need for automated and energy-efficient solutions in both residential and commercial settings keeps growing.
The Sport Utility Vehicle (SUV) segment is expected to have the highest CAGR during the forecast period
Due to the growing technological advancements aimed at improving vehicle automation, especially for autonomous or self-driving cars, the SUV segment is expected to exhibit the highest CAGR in the Power Swing Door System Market. The need for power swing door systems is anticipated to increase dramatically as manufacturers concentrate on adding cutting-edge features to set their SUV offerings apart. Additionally, the SUV segment is positioned as a major growth driver within the power swing door system market owing to the rising popularity of SUVs, developments in electric vehicle technology, and consumer preferences for more roomy and versatile vehicles.
Region with largest share:
The market for power swing door systems is dominated by the Asia-Pacific region. The region's strong manufacturing capacities are largely responsible for this dominance, especially in nations like China, which act as important hubs for the production of electric vehicles and their components. Power swing door systems can now be produced at a lower cost and sold to a wider market owing to Asia Pacific's well-established supply chain and infrastructure. Furthermore, Asia Pacific is predicted to hold its top spot in the power swing door system market as the automotive industry develops further owing to technological and automated breakthroughs.
Region with highest CAGR:
Due to the high demand for luxury cars, which frequently come equipped with cutting-edge features like power swing doors, the Europe region is predicted to have the highest CAGR in the power swing door system market. Power swing door systems are well suited to meet the high standards of comfort, safety, and technological sophistication that define the European automotive market. On top of that, manufacturers are looking more and more to improve their vehicle offerings with cutting-edge solutions that meet these standards as emissions and safety regulations become stricter. Moreover, this growth is further supported by the continued trend of electric vehicles (EVs) in Europe, where many EV models come equipped with contemporary amenities like automated doors.
Key players in the market
Some of the key players in Power Swing Door System market include Continental AG, Horton Automatics, Assa Abloy, Ingersoll Rand, Magna International Inc., DormaKaba, Stabilus, Thyssenkrupp Elevator, Kostal GmbH & Co. KG, Rytec, Stanley Access Technologies, Geze GmbH, Kiekert AG and Ningbo Tuopu Group co. ltd.
Key Developments:
In September 2024, Continental and Vitesco Technologies have reached an agreement based on their corporate separation agreement regarding the appropriate allocation of costs and liabilities from the investigations in connection with the supply of engine control units and engine control software. Accordingly, Vitesco Technologies will pay Continental €125 million.
In August 2024, Magna and SKH collaborate to enhance body and chassis operations in India. A strategic agreement between Magna International Inc. and Krishna Group's Metals Division, SKH, has resulted in the creation of SKH M, a new company dedicated to body and chassis operations in India.
In March 2024, Ingersoll Rand has signed an agreement for the acquisition of ILC Dover from investment company New Mountain Capital for $2.325bn in cash upfront, expanding its presence in life sciences. The acquisition also includes an earnout based on meeting specific operating efficiency metrics this year.
Components Covered:
- Electric Motor
- Control Modules (ECU)
- Sensors
- Wiring Harnesses
- Door Locks
- Other Components
Vehicle Types Covered:
- Sport Utility Vehicle (SUV)
- Sedan
Propulsions Covered:
- Internal Combustion Engine (ICE)
- Electric
End Users Covered:
- OEMs (Original Equipment Manufacturers)
- Aftermarket
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Power Swing Door System Market, By Component
- 5.1 Introduction
- 5.2 Electric Motor
- 5.3 Control Modules (ECU)
- 5.4 Sensors
- 5.5 Wiring Harnesses
- 5.6 Door Locks
- 5.7 Other Components
6 Global Power Swing Door System Market, By Vehicle Type
- 6.1 Introduction
- 6.2 Sport Utility Vehicle (SUV)
- 6.3 Sedan
7 Global Power Swing Door System Market, By Propulsion
- 7.1 Introduction
- 7.2 Internal Combustion Engine (ICE)
- 7.3 Electric
8 Global Power Swing Door System Market, By End User
- 8.1 Introduction
- 8.2 OEMs (Original Equipment Manufacturers)
- 8.3 Aftermarket
9 Global Power Swing Door System Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 Continental AG
- 11.2 Horton Automatics
- 11.3 Assa Abloy
- 11.4 Ingersoll Rand
- 11.5 Magna International Inc.
- 11.6 DormaKaba
- 11.7 Stabilus
- 11.8 Thyssenkrupp Elevator
- 11.9 Kostal GmbH & Co. KG
- 11.10 Rytec
- 11.11 Stanley Access Technologies
- 11.12 Geze GmbH
- 11.13 Kiekert AG
- 11.14 Ningbo Tuopu Group co. ltd
List of Tables
- Table 1 Global Power Swing Door System Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 3 Global Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 4 Global Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 5 Global Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 6 Global Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 7 Global Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 8 Global Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 9 Global Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 10 Global Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 11 Global Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 12 Global Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 13 Global Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 14 Global Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 15 Global Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 16 Global Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 17 Global Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 18 North America Power Swing Door System Market Outlook, By Country (2022-2030) ($MN)
- Table 19 North America Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 20 North America Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 21 North America Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 22 North America Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 23 North America Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 24 North America Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 25 North America Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 26 North America Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 27 North America Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 28 North America Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 29 North America Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 30 North America Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 31 North America Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 32 North America Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 33 North America Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 34 North America Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 35 Europe Power Swing Door System Market Outlook, By Country (2022-2030) ($MN)
- Table 36 Europe Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 37 Europe Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 38 Europe Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 39 Europe Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 40 Europe Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 41 Europe Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 42 Europe Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 43 Europe Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 44 Europe Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 45 Europe Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 46 Europe Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 47 Europe Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 48 Europe Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 49 Europe Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 50 Europe Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 51 Europe Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 52 Asia Pacific Power Swing Door System Market Outlook, By Country (2022-2030) ($MN)
- Table 53 Asia Pacific Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 54 Asia Pacific Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 55 Asia Pacific Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 56 Asia Pacific Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 57 Asia Pacific Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 58 Asia Pacific Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 59 Asia Pacific Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 60 Asia Pacific Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 61 Asia Pacific Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 62 Asia Pacific Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 63 Asia Pacific Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 64 Asia Pacific Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 65 Asia Pacific Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 66 Asia Pacific Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 67 Asia Pacific Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 68 Asia Pacific Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 69 South America Power Swing Door System Market Outlook, By Country (2022-2030) ($MN)
- Table 70 South America Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 71 South America Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 72 South America Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 73 South America Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 74 South America Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 75 South America Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 76 South America Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 77 South America Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 78 South America Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 79 South America Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 80 South America Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 81 South America Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 82 South America Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 83 South America Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 84 South America Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 85 South America Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 86 Middle East & Africa Power Swing Door System Market Outlook, By Country (2022-2030) ($MN)
- Table 87 Middle East & Africa Power Swing Door System Market Outlook, By Component (2022-2030) ($MN)
- Table 88 Middle East & Africa Power Swing Door System Market Outlook, By Electric Motor (2022-2030) ($MN)
- Table 89 Middle East & Africa Power Swing Door System Market Outlook, By Control Modules (ECU) (2022-2030) ($MN)
- Table 90 Middle East & Africa Power Swing Door System Market Outlook, By Sensors (2022-2030) ($MN)
- Table 91 Middle East & Africa Power Swing Door System Market Outlook, By Wiring Harnesses (2022-2030) ($MN)
- Table 92 Middle East & Africa Power Swing Door System Market Outlook, By Door Locks (2022-2030) ($MN)
- Table 93 Middle East & Africa Power Swing Door System Market Outlook, By Other Components (2022-2030) ($MN)
- Table 94 Middle East & Africa Power Swing Door System Market Outlook, By Vehicle Type (2022-2030) ($MN)
- Table 95 Middle East & Africa Power Swing Door System Market Outlook, By Sport Utility Vehicle (SUV) (2022-2030) ($MN)
- Table 96 Middle East & Africa Power Swing Door System Market Outlook, By Sedan (2022-2030) ($MN)
- Table 97 Middle East & Africa Power Swing Door System Market Outlook, By Propulsion (2022-2030) ($MN)
- Table 98 Middle East & Africa Power Swing Door System Market Outlook, By Internal Combustion Engine (ICE) (2022-2030) ($MN)
- Table 99 Middle East & Africa Power Swing Door System Market Outlook, By Electric (2022-2030) ($MN)
- Table 100 Middle East & Africa Power Swing Door System Market Outlook, By End User (2022-2030) ($MN)
- Table 101 Middle East & Africa Power Swing Door System Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
- Table 102 Middle East & Africa Power Swing Door System Market Outlook, By Aftermarket (2022-2030) ($MN)
