Press release
Revolving Doors Market to Witness Robust Expansion by 2023
A revolving door typically consists of three or four doors that hang on a central shaft and rotate around a vertical axis within a cylindrical enclosure. Revolving doors are energy efficient as they prevent drafts (via acting as an airlock), thus preventing increases in the heating or cooling required for the building. At the same time, revolving doors allow large numbers of people to pass in and out.
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Global Revolving Doors Market: Forecast by Type / Application / Region
The revolving doors consumption volume was 25624 Units in 2016 and is expected to reach 27022 Units in 2017 and 35614 Units in 2022, growing at a CAGR of 5.5% from 2017 to 2022. North America`s sales volume accounted for the highest market share (24.11%) in 2016, followed by the China and Europe.
At present, the manufactures of revolving doors are concentrated in North America, Europe, Japan and China. Europe is the largest production area in the world, which occupied about 24.71% in 2016. The following areas are North America and China. The global leading players in this market are Boon Edam, Dorma, Assa Abloy, Record, Stanley, etc.
The revolving doors are mainly used by Commercial Buildings, Utility Buildings and Office Buildings. The dominant application of revolving doors is Commercial Buildings.
Despite the presence of competition problems, due to the increasing demand and the rapid development of downstream market, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
Over the next five years, LPI(LP Information) projects that Revolving Doors will register a 3.5% CAGR in terms of revenue, reach US$ 890 million by 2023, from US$ 750 million in 2017.
Global Revolving Doors Market: Key Players
Boon Edam
Dorma
Assa Abloy
Record
Stanley
Geze
Horton Automatics
ERREKA
Grupsa
Portalp
KBB
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Related Information:
United States Revolving Doors Market Research Report 2018
Europe Revolving Doors Market Research Report 2018
North America Revolving Doors Market Research Report 2018
Asia-Pacific Revolving Doors Market Research Report 2018
China Revolving Doors Market Research Report 2018
EMEA Revolving Doors Market Research Report 2018
Global Revolving Doors Market Research Report 2018
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