The global revolving doors market size was US$ 908.60 million in 2021. The global revolving doors market size is forecast to reach US$ 1350.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.
Revolving doors have three or four doors, or leaves that hang on a central shaft inside a cylinder-shaped enclosure and rotate around a vertical axis. They are also preferred for their energy efficiency because they operate as airlocks, decreasing a building's energy costs, whether it's a home or commercial structure. These doors are made to make it simple for several people to pass through at once, which is not achievable with a sliding door or a swing door. In order to accomplish this, passive infrared sensors are used. A living organism generates infrared energy, which the PIR sensor can detect at a great distance. A microprocessor uses this signal to activate the door motor, while a fixed time delay controls the door's closure.
Factors Influencing Market Growth
The increasing demand from industries, such as construction and industrial for revolving doors drives the global market.
The growing construction of high-tech airports, shopping malls, grand hotels, and cinema halls boosts the global market growth.
The factors like energy conservation, ease of operation, maintaining security, fast and accurate, cable-free, and others boost the demand of the global market.
The increased maintenance costs may slow down the overall market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Many businesses in the global revolving door market had to temporarily halt operations as a result of the COVID-19 pandemic in order to adhere to new rules put in place by the government to stop the disease's spread. Thus, this led to the suspension of operations, which declined the market's revenue. In addition, the production of industrial goods had to halt owing to a shortage of labor and raw supplies. Furthermore, businesses in this industry did not receive any fresh shipments. As a result, the suspension of industrial activity and lockdowns for several months affected the market growth.
Regional Analysis
Europe accounted for a significant share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increased acceptance and awareness and the rising technical understanding among the population. Thus, these factors are likely to drive market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global revolving doors market are:
Assa Abloy AB
Dormakaba Group
Erreka Solutions
GEZE GmbH
Grupsa Door Systems
Horton Automatics, Ltd.
Portalp RS
Record
Royal Boon Edam International, LLC
STANLEY Access Technologies LLC
Other Prominent Players
Scope of the Report
The global revolving doors market segmentation focuses on Operation, Product Type, End-Users, and Region.
Segmentation based on Operation
Manual
Automatic
Segmentation based on Product Type
Three wings
Four wings
Others
Segmentation based on End-Users
Commercial
Industrial
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America