Rise in construction activities across various regions such as Europe & Asia-Pacific and increase in demand for high appealing designs for buildings are expected to fuel the global revolving doors market growth. Revolving doors are presently being used in the industrial and commercial projects. Increased urbanization is presently being witnessed in emerging countries such as China, India, and others, due to exponential growth in population. Thus, fast-paced urbanization results in increased government and consumer spending in residential and infrastructure construction, which significantly boosts the growth of the revolving doors market.
Major players are adopting product launch and acquisition as key developmental strategies to improve the product portfolio of revolving doors market. For instance, in September 2021, ASSA ABLOY signed an agreement for the acquisition of AM Group. AM Group is based in Australia, and is a global provider of industrial doors with entrance automation. The acquisition has enhanced ASSA ALOY’s product portfolio for industrial door systems. This is expected to improve the product portfolio of the company.
The global revolving doors market is segmented on the basis of operation, product type, end user and region. On the basis of operation, the market is segmented into manual and automatic. In 2021, the automatic segment accounted for the largest share of 67% of the overall revolving doors market.
Based on product type, the revolving doors market is segmented into three wings, four wings and others. The three wings segment held the largest market share of 46% in 2021. On the basis of end user, the market is categorized into commercial and Industrial. The commercial segment held the largest market share of 80% of the revolving doors market in 2021.
The COVID-19 pandemic forced many companies in the global revolving doors market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacted revenue flow of the global revolving doors market. In addition, there was a halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments were received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months affected the global revolving doors market and the market is anticipated to witness a slow recovery during the forecast period.
The key players profiled in the revolving doors market report include Assa Abloy Group, Auto Ingress, Deutschtec GmbH, Dormakaba Holding AG, DSS Automatic Doors, ERREKA Group, Grupsa Door System, GEZE GmbH, Landert Group AG, Manusa GEST, S.L, Nabtesco Corporation, PORTALP, Royal Boon Edam International B.V., Stanley Black & Decker, Inc., Sanwa Holdings Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging global revolving doors market trends and dynamics.
- The revolving market analysis is conducted by the estimations for the key market segments between 2021 and 2031.
- Extensive analysis of the global revolving doors market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global revolving doors market forecast analysis from 2022 to 2031 is included in the report.
- The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global revolving doors market.
Key Market Segments
By Operation
- Manual
- Automatic
By Product Type
- Three wings
- Four wings
- Others
By End-Users
- Commercial
- Industrial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- U.K.
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ASSA ABLOY Group
- Stanley Black & Decker, Inc.
- Sanwa Holdings Corporation
- Auto Ingress
- Deutschtec GmbH
- Dormakaba Holding AG
- DSS Automatic Doors
- ERREKA Group
- Grupsa Door System
- GEZE GmbH
- Landert Group AG
- Manusa GEST, S.L
- Nabtesco Corporation
- PORTALP
- Royal Boon Edam International B.V.
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Table of Contents
Executive Summary
According to the report, titled, “Revolving Doors Market," the revolving doors market was valued at $908.60 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.the global revolving doors market size was valued at $908.6 million in 2021, and is projected to reach $1,423.02 million by 2031, registering a CAGR of 4.5% from 2022 to 2031. Revolving doors are three-or four wing doors that revolve around a vertical axis in cylindrical appendix. They are energy efficient and help prevent drafts and reduce the loss of cooling or heating of a building. Revolving doors are used as a security device to restrict the entry to a single person at a time, if the spacing between the doors is less. In addition, they also serve as an airlock, which keeps cold air out and reduces the heating.
Rise in demand from several industries such as construction and industrial activities, is expected to boost the growth of the market during the forecast period. Moreover, increase in adoption of automation in developed regions such as Europe and North America, propels the demand for the global market. In addition, rise in construction of high-tech airports, shopping malls, grand hotels, and cinema halls is expected to fuel the revolving doors market growth during the forecast period.
During the lockdown, owing to coronavirus situation, various manufacturers in the revolving doors market had to stop their business production in countries such as China, the U.S., and India. This break directly impacted sales of revolving doors companies. In addition, lack of manpower and raw materials led to halt in supply of cutting tools. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of revolving door companies at their full-scale capacities.
Major players adopted product launch and business expansion as their key developmental strategies to improve the product portfolio of the revolving doors market. For instance, in January 2022, Landert Group (Tormax) acquired Albert W. Otto GmbH in Dieburg near Frankfurt in Germany, it focused on developing and manufacturing high grade door frames made of steel and stainless steel. This acquisition aims at improving the product portfolio.
The global revolving door market is segmented on the basis of operation, product type, end-user and region. On the basis of operation, the market is segmented into manual and automatic. In 2021, the automatic segment accounted for the largest share of 67% of the overall revolving doors market share.
Based on product type, the global market is segmented into three wings, four wings and others. The three wings segment held the largest market share of 46% in 2021. On the basis of end-user, the market is categorized into commercial and industrial. The commercial segment held the largest market share of 80% in the market.
On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe region dominated the market in 2021.
The key players profiled in the revolving doors market report include Assa Abloy Group, Auto Ingress, Deutschtec GmbH, Dormakaba Holding AG, DSS Automatic Doors, ERREKA Group, Grupsa Door System, GEZE GmbH, Landert Group AG, Manusa GEST, S.L, Nabtesco Corporation, PORTALP, Royal Boon Edam International B.V., Stanley Black & Decker, Inc., and Sanwa Holdings Corporation.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global revolving doors market trends and dynamics.
- By operation, the automatic segment dominated the market in terms of revenue in 2021.
- By product type, the three wings segment registered the highest growth in terms of revenue in the global revolving doors market in 2021.
- By end-user, the commercial segment are projected to register the highest growth rate in the coming years.
The global revolving doors market analysis is conducted by the folowing key product positioning and monitoring of the top competitors within the market framework.
The global revolving doors market forecast from 2022-2031is included in the report.
In depth, market analysis is conducted by the global revolving door market estimations for the key segments between 2021 and 2031.
The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global revolving doors market opportunities.
Companies Mentioned
- Assa Abloy Group
- Stanley Black & Decker, Inc.
- Sanwa Holdings Corporation
- Auto Ingress
- Deutschtec GmbH
- Dormakaba Holding AG
- Dss Automatic Doors
- Erreka Group
- Grupsa Door System
- Geze GmbH
- Landert Group AG
- Manusa Gest, S.L
- Nabtesco Corporation
- Portalp
- Royal Boon Edam International B.V.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 220 |
Published | June 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 908.6 million |
Forecasted Market Value ( USD | $ 1423.02 million |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |