Automated Industrial Door Global Market Expected to Witness $35.36 Billion with Impressive Growth at a 6.8% CAGR By 2028 | ASSA ABLOY AB, Sanwa Holdings Corporation, Nabtesco Corporation, Hormann Group, Jacksons Fencing Ltd

"The Business Research Company recently released a comprehensive report on the Global Automated Industrial Door Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, 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 growth in the historic period can be attributed to the growth of industrial automation, the rising need for secure access control, the increasing demand for fire-rated doors, the increasing use of robotics in manufacturing, and the demand for customized door solutions.

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%. The growth in the forecast period can be attributed to Rising concerns about theft and vandalism, rise in industrial production worldwide, growing need for automatic industrial doors, ongoing research and development by entrance system manufacturers, and increasing focus on workplace safety. Major trends in the forecast period include Expansion of e-commerce and logistics sectors, integration with Internet of Things (IoT) technology, shift towards touchless access solutions, integration with building management systems (BMS), and technological advancements in sensors and actuators.

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Market Drivers and Trends:

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.

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.

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Major Key Players of the Market:

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.

Automated Industrial Door Market 2024 Key Insights:

• 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%.
• Commercial Construction Boom Fuels Growth In The Automated Industrial Door Market
• Electric Door Technology Revolutionizes The Automated Industrial Door Market
• North America was the largest region in the automated industrial door market in 2023

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