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.
Report Description:
Revolving doors serve as an important architectural element for commercial buildings as they allow the convenient entry and exit of people while saving on energy costs by preventing heat transfer between indoors and outdoors. They allow high traffic flow with minimum space requirements. However, maintaining optimum Revolution Per Minute (rpm) of revolving doors requires proper calibration and adjustment of door components to ensure smooth operation and safety of users. Advancements in automatic control systems and integrated sensors have improved the functioning of modern revolving doors. The market is expected to further gain traction with growing construction of commercial complexes like shopping malls, hospitals, airports, etc. which require efficient people flow management solutions.
Market Dynamics:
The revolving doors market is growing due to factors like increasing urbanization driving construction worldwide, energy efficiency rules encouraging the use of revolving doors, and a preference for automated features improving convenience and safety. However, high initial investment compared to conventional doors poses a restraint. Advancements in automation provide opportunities for the development of smart revolving doors with integrated sensors, Artificial Intelligence (AI), and remote monitoring capabilities. The increasing adoption of material handling equipment in industries also expands the need for large automated industrial revolving doors. Focus on reducing energy consumption through green building standards will further stimulate the market growth.
Key features of the study:
- This report provides an in-depth analysis of the global revolving doors market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global revolving doors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Shanghai Yupeng Glass Products Co., Ltd., Shijiazhuang Depuer Automatic Door Control Co., Ltd., Nanjing Maosong Automatic Door Co., Ltd., Beijing Hongtai Dingcheng Automatic Door Technology Co., Ltd., Hefei Tongsheng Doors and Windows Co., Ltd., Qingdao Kaibisheng Automatic Door Engineering Co., Ltd., Hualong Dingsheng Technology Co., Ltd., Zhuhai Jiaxin Building Materials Co., Ltd., Boon Edam, ASSA ABLOY, Geze, KONE, ASSA ABLOY AB, CoMETA SpA, dormakaba Group, GEZE GmbH, Horton Automatics, Manusa, Royal Boon Edam International B.V, Stanley Access Technologies LLC, and TORMAX USA Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global revolving doors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Detailed Segmentation-
- By Operation
- By Product Type
- Three wings
- Four wings
- Others
- By End User
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Key Players
- Shanghai Yupeng Glass Products Co., Ltd.
- Shijiazhuang Depuer Automatic Door Control Co., Ltd.
- Nanjing Maosong Automatic Door Co., Ltd.
- Beijing Hongtai Dingcheng Automatic Door Technology Co., Ltd.
- Hefei Tongsheng Doors and Windows Co., Ltd.
- Qingdao Kaibisheng Automatic Door Engineering Co., Ltd.
- Hualong Dingsheng Technology Co., Ltd.
- Zhuhai Jiaxin Building Materials Co., Ltd.
- Boon Edam
- ASSA ABLOY
- Geze
- KONE
- ASSA ABLOY AB
- CoMETA SpA
- dormakaba Group
- GEZE GmbH
- Horton Automatics
- Manusa
- Royal Boon Edam International B.V
- Stanley Access Technologies LLC
- TORMAX USA Inc.