The global market that focuses on the idea of an automated industrial door includes a proper study of several aspects of the market to understand where the market will be by the end of 2023. Market Research Future’s (MRFR’s) arguments about the prospects of the market include an understanding of various factors like the growing environmental concerns, shortage of labor, demand for smooth operation to ensure easy plying in and out of heavy vehicles or types of machinery, the inclusion of automation, improving financial conditions, hike in participation from developing countries, and others.
The global automated industrial door market is expected to grow at ~ 5% CAGR during the forecast period.
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Segmentation:
The study of the global automated industrial door market by MRFR analysts reveals a reliance on a segmentation that includes design type and industry vertical. This understanding could help in forming an idea about how the market is placed and what could trigger its growth in the coming days.
By industry vertical, the report on the automated industrial includes a study of factories and manufacturing units, airports and ports, and commercial. The factories and manufacturing units segment had the largest market share in 2016. The rapid rise in industrialization and the inclusion of automation are expected to bolster this segmental growth.
Regional Analysis:
Countries like the U.S, Canada, U.K, Germany, China, and Saudi Arabia will play a remarkable role in ensuring the global automated industrial door market’s rise by 5% CAGR during the forecast period of 2018 to 2023.
The growth of automated industrial door market is driven by various factors in regions across the globe. The major factor boosting the market growth is the increasing demand for factory automation in the developed countries such as U.S, Canada, U.K, Germany, China, and Saudi Arabia. The robotic systems in industries have helped the workplaces to combat labor shortage and produce the desired quantity of products with easy operation and high accuracy. Owing to this, the manufacturing units in the developed countries are opting for more automated systems, which is influencing the adoption of automated industrial doors. In addition, the rising development of airports and marine ports, leads the airport authorities to integrate aircraft hangars and shipyards with automated technology. Moreover, the automated industrial doors are also used for security concerns in various industries, as these doors can act according to the situation and prevent unauthorized entry of humans to the area. Pertaining to these factors, the automated industrial door market is expected to have a fast pace during the forecast period.
Competitive Landscape:
Hart Door Systems (U.K.), Assa Abloy AB (Sweden), The Agta Record Group (Switzerland), Al-Barrack Industrial Group (Saudi Arabia), Gilgen Door Systems AG (Switzerland), Gandhi Automations Pvt Ltd. (India), CASIT s.n.c. di CC Ramella & C. (Italy), Maviflex (France), Novoferm GmbH (Germany), and RTJ Automation & Maintenance Limited (U.K.) are some of the established names that have got themselves into this automated industrial door market and gave rise to steep competition. Companies like these form their strategies to make sure their stand turn firm in the market and in the process, they boost the market prospect. Often they rely on reliable measures like a merger, tie-up, innovation, funding for research, branding, launching, acquisition, and others. MRFR made sure that their latest contributions get mentioned in the report to facilitate an understanding of trends that can bolster the global market growth. It could also help in an assessment of new trends that could improve the market scenario.
Industry News:
The global market for automated industrial door stands to benefit from the growing crisis related to the COVID-19 pandemic. This is due to the demand for contactless operations to reduce the chance of disease transmission. At the same time, companies are going through a shortage of labor due to lockdowns, quarantines, and other issues, which might hamper the natural operations of a factory. It could boost the demand for the automated industrial door. The COVID-19 crisis is expected to bring in a dramatic shift in human behavior where people would rely more on technologies than erstwhile measures. This would lead to the adoption of technologies with the ability to create a space more safe and secure than ever.
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