Global Revolving Doors Market Growth
Revolving doors are rotational
access points that form a buffer between the exterior and interior of buildings
such as commercial structures. They are usually made of glass and metal with
three or four wings that rotate independently around a central waiting area.
Revolving doors provide security while facilitating movement of people as they
allow strict control over traffic flows. They also prevent wind, rain or
polluted air from entering inside. The rising construction of commercial
buildings including offices, shopping malls, hospitals and hotels has augmented
the demand for revolving doors.
The Global revolving doors market is estimated to be valued at US$ 1,242.84 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period
2024 to 2031.
Key Takeaways
Key players operating in the Global
Revolving Doors Market Growth are 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.
Rising number of commercial construction projects across the globe has
significantly opened up new opportunities for revolving door manufacturers.
Rapid urbanization and expanding urban infrastructure in emerging economies
like India and China is driving demand.
Major door companies are expanding their global footprint through partnerships,
mergers and acquisitions to leverage growing demand from international markets.
For instance, ASSA ABLOY acquired Agta Record, a leading global provider of
access solutions in 2021 to strengthen its global presence.
Market Drivers
The increasing commercial construction activities are driving the global
revolving doors market as these energy efficient solutions are increasingly
being installed in office buildings, airports, hospitals and shopping malls.
Rapid urbanization and economic growth in developing countries is fueling
commercial infrastructure.
Market Restrains
High installation and maintenance costs of revolving doors limits their
adoption in price sensitive construction markets. Downturns in the construction
industry during economic crises also negatively impact market revenues.
Technical complexities related to automation pose servicing challenges.
Segment Analysis
The globally revolving doors market can be segmented based on material,
operation mode, and application. By material, aluminum segmented accounted for
the largest market share in 2024, owing to its lightweight and corrosion
resistant properties. Aluminum is widely preferred for commercial and
industrial revolving doors.
By operation mode, manually operated revolving doors dominated the market in
2024. Manually operated revolving doors require less maintenance and have low
installation cost compared to automated doors. However, the automated segment
is expected to witness higher growth during the forecast period due to rising
need for contactless travel amid COVID-19 pandemic.
By application, commercial buildings was the largest segment in 2024. Revolving
doors are extensively used in hotels, offices, airports and other commercial
spaces to control airflow and provide additional layer of security. Industrial
facilities is also among the major application areas.
Global Analysis
North America dominated the global revolving doors market in 2024 with over 30%
share, driven by growth in commercial construction activities in the US and
Canada. Europe was the second largest market, with major demand from countries
such as Germany, UK and France. Europe is also expected to exhibit steady
growth during the forecast period due to rising need for energy efficient
buildings.
Asia Pacific is projected to be the fastest growing regional market between
2024 to 2031, expanding at over 5% CAGR. Rapid urbanization and infrastructural
development in China and India are expected to fuel demand for revolving doors
from the commercial and industrial segments. Other regions including Latin
America, Middle East and Africa will continue emerging as important markets
over the coming years.
Get More Insights On This Topic: Global
Revolving Doors Market