Revolving doors are a type of door that rotate around a central vertical axis within an enclosed cylindrical or polygonal structure known as a drum. They are energy efficient as they reduce heat transfer compared to traditional doors. Revolving doors consist of multiple wings that rotate in a circular path and act as a barrier to keep the temperature of inside and outside isolated while permitting greater traffic flow than a single or double swing doors. They are mostly used as an entrance to large commercial buildings such as offices, shopping malls, hospitals, etc. The rise in construction of energy efficient commercial buildings across the globe is driving the growth of the revolving doors market.
The Global Revolving Doors Market is estimated to be valued at US$ 1,242.84 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period from 2024 to 2031.
Revolving doors save energy by minimizing temperature loss by isolating inside and outside. Their automatic operation allows easy access without human assistance. They allow throughput of large numbers of people in both directions with minimum loss of conditioned air.
Key Takeaways
Key players operating in the Global Revolving Doors Market Growth are Shanghai Yupeng Glass Products Co., Ltd., Shijiazhuang Depuer Automatic Door Control Co., Ltd., Nanjing Maosong Automatic Door Co., Ltd., Beijing Hongtai Dingcheng Automatic Door Technology Co., Ltd., Hefei Tongsheng Doors and Windows Co., Ltd., Qingdao Kaibisheng Automatic Door Engineering Co., Ltd., Hualong Dingsheng Technology Co., Ltd., Zhuhai Jiaxin Building Materials Co., Ltd., Boon Edam, ASSA ABLOY, Geze, KONE, ASSA ABLOY AB, CoMETA SpA, dormakaba Group, GEZE GmbH, Horton Automatics, Manusa, Royal Boon Edam International B.V, Stanley Access Technologies LLC, and TORMAX USA Inc.
The key opportunities in the global revolving doors market include rising construction projects of commercial, industrial and institutional buildings in developing regions. The growing construction of energy efficient LEED certified buildings is augmenting the demand.
Globally, countries like China, India, Middle East, South East Asia and South America are witnessing extensive construction activities which will drive the demand for revolving doors over the forecast period. Manufacturers are focusing on these emerging regions for new opportunities.
Market drivers
The energy efficient commercial building construction is one of the key drivers propelling the growth of global revolving doors market. Most revolving doors recover their energy costs within 2 to 3 years through savings in heating and cooling. They have minimal infiltration compared to conventional swinging doors and reduce heat loss by over 90%. This reduction in energy costs and improving indoor environment quality will continue to drive increased adoption of revolving doors globally.
PEST Analysis
Political: Governments focus on promoting environment-friendly products which boosts demand for automatic revolving doors that consume less energy. Strict safety regulations mandate installation of security doors in public places which favors market growth.
Economic: Increased commercial construction activities such as malls, retail outlets, hotels fuel installation of revolving doors for smooth entry/exit of people. Growing urban population spending more on convenience products.
Social: Rapid urbanization and modern lifestyle changes prompt people to prefer easy access solutions like revolving doors over traditional swinging doors. Safety and security concerns also drive adoption in public areas.
Technological: Integration of advanced features like sensors, touch panels and remote operation boost popularity of automatic revolving doors. Innovation in material and design aids energy-efficiency and durability.
The global revolving doors market in terms of value is highly concentrated in North America and Europe. Higher consumer spending on modern infrastructure and new building construction in the US, Canada, Germany, UK, France support market growth in these regions. Asia Pacific market is growing at the fastest pace owing to rapid infrastructure development and rising commercial construction activities in China, India and other developing economies. Strict government regulations and increasing focus on security and accessibility also augment the regional market.
The European revolving doors market represents the second largest region globally and is expected to exhibit steady gains during the forecast period. This is primarily attributed to extensive refurbishment of old buildings and ongoing large-scale construction of new public infrastructure in countries such as the UK, Germany, France, Italy and Switzerland. Furthermore, presence of leading industry players and availability of advanced products catering to commercial and residential sectors further support market revenues.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it