China holds the largest automotive logistics market share in the Asia Pacific region. The Chinese economy comprises of many automobile manufacturers who are continuously focusing towards the development of automotive logistics in the country. For instance, Kuehne + Nagel to create a new joint venture with Sincero, a Chinese company. The joint venture aims to offer logistics services to the automotive sector. It enhances the Kuehne + Nagel’s automotive logistics business for both tier one suppliers by 70% as well as Chinese OEMs.
An automatic door is a door that opens automatically by using various sensors. Rising construction activity across the globe is driving the growth of the automatic door market. The automatic door is widely used in malls, hotels, theaters, stores, and others to eliminate the monotonous job of opening doors manually, hence boosting the demand for the automatic door market. The factors such as energy-saving, maintaining security, fast and accurate, ease of operation, and others fuel the demand of the market. Also changing lifestyles of people is boosting the demand for the automatic door market.