by Revolving doors are automated doors commonly used as an entrance at the lobbies of airports or shopping malls. Their main function is to allow passage in both directions while preventing drafts and maintaining indoor air quality. They consist of multiple wings or leaves that rotate around a center bearing and pivot as people pass through. Key advantages of revolving doors include energy efficiency, security, and all weather functionality. They regulate temperature inside buildings by restricting the passage of cold or hot air, thereby contributing to reduced energy costs for heating and cooling. A growing emphasis on green buildings is augmenting the adoption of revolving doors globally.
The Global Revolving Doors Market size is estimated to be valued at US$ 929.54 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 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.
The growing adoption of automation technologies across various industries is offering lucrative opportunities for players in the revolving doors market. Increasing installations in high footfall buildings such as hospitals, airports, malls, and corporate spaces will drive further demand. Advancements in material science are enabling the development of stronger, smarter and eco-friendly revolving doors.
Market Drivers
Stringent regulations mandating energy efficient buildings are a key factor fueling the growth of revolving doors globally. Government incentives and tax rebates for green construction projects are also encouraging increased uptake. Revolving doors aid in reducing heating and cooling costs significantly. As awareness regarding their functional benefits rises, demand from both new and retrofit construction is projected to increase steadily over the forecast period.
Challenges in the global revolving doors market:
The global revolving doors market is facing challenges such as rising demand for security and safety systems, increasing concern for energy conservation, and growing need for sustainable and eco-friendly construction. With increasing crime rates globally, there is higher demand for advanced security systems at commercial buildings, airports, malls, and other public places. This has prompted revolving door manufacturers to develop innovative products integrated with sensors and access control systems. However, designing revolving doors for optimal energy efficiency without compromising on security is a key challenge. Manufacturers also need to develop sustainable revolving door solutions using recycled materials while meeting international standards and building regulations. Overall, balancing security, energy efficiency, sustainability, and cost factors is the major challenge for participants in this industry.
SWOT Analysis
Strength: Energy efficient and secure entry solutions for commercial buildings.
Weakness: High installation and maintenance costs compared to swing doors. Vulnerable to power failures affecting automated functions.
Opportunity: Growing demand for touchless and automated access systems post COVID-19. Expanding construction activity of airports and malls in developing nations.
Threats: Intense competition from alternative access control solutions. Stringent regulations regarding safety and sustainability compliance.
Global Revolving Doors Market Regional Analysis as Geographical regions as North America currently dominates the global revolving doors market in terms of value and is expected to remain the highest revenue generating region during the forecast period. This is attributed to high penetration of automated access solutions across commercial establishments in the US and Canada. Europe is the second largest market for revolving doors driven by robust construction activity and infrastructure investments across countries like Germany, UK, and France.
Fastest growing region:
Asia Pacific market is poised to register the fastest growth in the revolving doors industry through 2031. This is backed by the increasing construction of airports, malls, hotels and office buildings coupled with rising spending power in developing countries such as China, India and South East Asian nations. Favorable government regulations and initiatives supporting infrastructure development projects will further augment the demand for revolving doors in the Asia Pacific region.
About Author - Ravina Pandya
Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
