GLOBAL REVOLVING DOORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Revolving Doors Market Size and Trends

The revolving doors market is estimated to be valued at US$ 929.54 Mn in 2024 and is expected to reach US$ 1,242.84 Mn by 2031, growing at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

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Factors such as the growing construction of commercial buildings and corporate offices are driving the demand for revolving doors globally. Revolving doors help save energy in buildings by reducing the exchange of indoor and outdoor air, thereby lowering heating and cooling costs. Moreover, rising need for optimal space utilization and efficient access control has increased the adoption of revolving doors across different end-use industries. The emerging trend of sustainable infrastructure development will further stimulate market revenue in the coming years. However, high installation and maintenance costs associated with revolving doors may hamper the market growth to some extent over the forecast period.

Market Drivers: Renovation of Commercial Buildings

The demand for revolving doors is expected to grow significantly due to the rising trend of renovation and revamping of existing commercial buildings across major cities. In the past decade, there has been immense infrastructural growth in both developed and developing economies which resulted in the construction of numerous office buildings, shopping malls, hotels and other commercial complexes. However, with time, the needs and demands of users as well as technologies are constantly evolving. Building owners realize the need to keep renovating and upgrading their infrastructure to match contemporary workspace standards in order to attract tenants and customers.

Revolving doors are being widely chosen during commercial building refurbishments since they provide unmatched safety, security and aesthetic appeal compared to traditional swinging doors. Their automatic functioning ensures controlled entry and exit of people without allowing external weather factors like winds to interfere the indoor environment. This becomes very important for lobby areas, airport terminals and other spaces with high footfall. Along with offering thermal and sound insulation, revolving doors contribute to the prestigious look of the building entrance. Many historic buildings from the early 20th century still have their original revolving doors which have stood the test of time with regular maintenance. However, modern constructions demand revolving doors equipped with upgraded digital access controls, sensor-based automation, emergency overrides as well as touchless options gained popularity in view of pandemic. This growing preference for automated revolving doors over previous generations of such doors is presenting continuous sales opportunity for manufacturers. With significant refurbishment budgets being allocated by building owners, revolving doors replace segment is anticipated to make noteworthy additions to the market revenue in the coming years.

Another key factor estimated to propel the demand for revolving doors worldwide is the rising emphasis on establishing stringent occupational safety standards across industry verticals. Be it factories, warehouses, healthcare facilities, or corporate offices - maintaining a safe, incident-free, and productive work environment has become a top priority for organizations. Revolving doors play a crucial role in this regard by preventing accidental entry of unauthorized or unsupervised individuals, controlling airflow and removing risks arising from swinging or colliding doors. Various international agencies including Occupational Safety and Health Administration (OSHA) and Indian Standard Organization (ISO) have published guidelines recommending proper access control measures at workplace premises through robust door security systems. This makes a strong case for facilities managers to adopt automatic revolving doors which incorporate built-in safety features like radar monitoring, interlocking barriers, and emergency exit options.