Automated Industrial Door Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automated Industrial Door Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Automated Industrial Door Market Report by Design Type (Sectional Overhead Doors, Rapid Roll Fast Acting Door, Folding Hangar Doors, and Others), by Industry Vertical (Factories & Manufacturing Units, Airports and Ports, and Commercial) and by Region – Global Forecast to 2023.
Automated industrial doors are now in high demand as the construction industries across the globe are experiencing an influx of new technologies. As the Market Research Future (MRFR) report suggests, the global automated industrial door market can experience a CAGR of 5% during the forecast period (2017-2023). These doors are currently in high demand in sites, such as factories, seaports, airports, and manufacturing units and in industries facing labor shortage.
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Drivers and Restraints:
Rapid industrialization is a driving factor for this booming industry. With industrialization, a need for superior technical efficiency and enhanced security in factories and manufacturing units is much appreciated. Automated industrial doors serve that particular purpose. These doors are designed to resist harsh weather and provide better security.
In addition, automated industrial doors operate faster than the traditional doors, thus, reducing the energy costs. These are also suitable for areas where frequent opening or closing of the door is needed for higher frequency traffic, such as warehouses, logistics, and loading bays.
However, the sale heavily depends on the global economy. Extreme weather could also result in malfunction of these doors.
The key players of global automated industrial door market are Assa Abloy AB (Sweden), The Agta Record Group (Switzerland), Hart Door Systems (U.K.), Gilgen Door Systems AG (Switzerland), Gandhi Automations Pvt Ltd. (India), Al-Barrack Industrial Group (Saudi Arabia), Novoferm GmbH (Germany), Maviflex (France), CASIT s.n.c. di CC Ramella & C. (Italy) and RTJ Automation & Maintenance Limited (U.K.).
Global automated door industry is mostly banking on providing more security. With technological advances, manufacturers are continuously trying to upgrade their designs. For instance, Assa Abloy has introduced a new technology, Hi-O with embedded intelligence, which increases security performance and makes installation faster. Boon Edam has launched Winglock Swing, an automatic, elegant, single wing access gate, which consumes less energy and is secure and stable. The economic boom is also favoring new industries. Hence, rapid growth is estimated for automated doors in the coming years.
The global automated industrial market is segmented based on design type and industry vertical.
By design type, the market can be segmented into sectional overhead doors, rapid roll doors, folding hangar doors, and others. Rapid roll doors own the maximum market share in the design type based segment. These are designed to handle frequent opening and closing with a success rate of 200000 times during testing. Rapid roll doors are best suited for places with huge traffic, such as factories and manufacturing units.
Industry verticals are segmented into factories & manufacturing units, airports & marine ports, and commercial. Factories and manufacturing units are impacting the global market of automated doors the most. Rapid industrialization is the chief driving force owing to which global market is now witnessing a rise in numbers of factories and manufacturing units. Moreover, a growing demand for automated doors in developed countries has given the market a much-needed boost.
Region-specific segmentation of the market report covers North America, Europe, Asia Pacific, and Rest-of-the-World (RoW).
North America and Europe are touted to generate largest amount of revenue owing to technological development implemented by these two regions. Countries, such as the US, Canada, and the UK are mature in terms of industrial growth and are ready to implement newer technologies to safeguard their sites.
Asia Pacific is catching up faster and is expected to register a significant growth rate by the end of forecast period. Major shifts are taking place in this region, as India and China are opening up their markets for better industrialization possibilities.
The market is highly competitive as major players are all vying for the top spot in their respective fields and are continuously facing steep challenges from local players. These players are trying their best to take the market forward with various acquisitions and mergers. For instance, Assa Abloy had acquired France-based company Negreco.
Companies are also expanding their business using distributor network. Boon Edam, for instance, has a distributor network in more than 55 countries. Other key players who are impacting the market in a significant way are The Agta Record Group (Switzerland), Hart Door Systems (U.K.), Gilgen Door Systems AG (Switzerland), Gandhi Automations Pvt Ltd. (India), Al-Barrack Industrial Group (Saudi Arabia).
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