Press release
Automated Industrial Door Market Trends, Top Companies, Share, Growth And Forecast 2033
The new report published by The Business Research Company, titled "Automated Industrial Door Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the automated industrial door market size has grown strongly in recent years. It will grow from $25.49 billion in 2023 to $27.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The automated industrial door market size is expected to see strong growth in the next few years. It will grow to $35.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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Commercial Construction Boom Fuels Growth In The Automated Industrial Door Market
The growing demand for commercial construction is expected to propel the growth of the automated industrial door market going forward. Commercial construction is the process of designing, renovating, and constructing spaces for commercial, industrial, or business purposes. The demand for commercial construction is influenced by several factors, such as e-commerce expansion, infrastructure investments, and real estate investment. Automated industrial doors allow for the efficient transportation of goods, materials, and equipment into and out of industrial and commercial facilities. These doors also prevent unauthorized entry, theft, and vandalism, protecting the safety of precious assets, inventories, and equipment held in commercial and industrial facilities. For instance, in November 2023, according to the Office for National Statistics, a UK-based government department, private commercial construction experienced a notable increase of $1850 million (£1,723 million) in 2022, representing a growth rate of 7.3% compared to the previous period. Therefore, the growing demand for commercial construction is driving the growth of the automated industrial door market.
Electric Door Technology Revolutionizes The Automated Industrial Door Market
Companies operating in the automated industrial door market are focusing on technological advancements in sensors and actuators, such as developing dual-drive electric door technology to enhance user convenience and safety by providing automated opening and closing mechanisms. Dual drive electric door improves efficiency and workflow by allowing seamless access control and integration with other computerized systems. For instance, in October 2023, ASSA ABLOY AB, a Sweden-based security solutions provider, launched the OH1142P, a dual-drive electric door technology. It is a revolutionary overhead sectional door with electric technology, offering enhanced speed, smoothness, and reliability. It eliminates the need for springs, wires, or balancing systems, saving space and simplifying installation and maintenance. The door is fully electric and digitally enabled, providing smart connectivity for efficient operations.
The automated industrial door market covered in this report is segmented -
1) By Type: Sliding Doors, Swinging Doors, Folding Doors, Other Types
2) By Application: Commercial, Factories And Manufacturing Units, Other Applications
3) By Industry Vertical: Chemicals, Pharmaceuticals, Food And Beverages, Automotive, Other Industry Verticals
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Major companies operating in the automated industrial door market are ASSA ABLOY AB, Sanwa Holdings Corporation, Nabtesco Corporation, Crawford & Company, Janus International Group LLC, Horton Automatics Ltd., Royal Boon Edam International B.V., Gandhi Automations Pvt Ltd, CornellCookson LLC, Stanley Black & Decker Inc., Hormann Group, Jacksons Fencing Ltd, Wilcox Door Service Inc., Novoferm GmbH, EperforMax Global, Maviflex, DuraServ Corp, Rite-Hite Holding Corporation, National Door Industries Inc., Entrematic Italy S.r.l., Rytec Corporation, PerforMax Global, Hart Door Systems Limited, ASI Technologies Inc.
Contents of the report:
1. Executive Summary
2. Automated Industrial Door Market Report Structure
3. Automated Industrial Door Market Trends And Strategies
4. Automated Industrial Door Market - Macro Economic Scenario
5. Automated Industrial Door Market Size And Growth
…..
27. Automated Industrial Door Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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