New York, US, Sept. 12, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), “Automated Industrial Door Market Analysis by Design Type, by Industry Vertical and by Region - Global Forecast to 2030” valuation is poised to reach USD 41,745.0 Million by 2026, registering an 6.3% CAGR throughout the forecast period (2019–2026).
Automated Industrial Door Market Overview
The automated industrial doors allow easy opening and closure of heavy-duty doors in several seaports, airports, manufacturing units, and factories. These automated industrial doors are deployed in industries grappling with a labor shortage, which boosts the growth of the market. The global construction market is expanding rapidly with the influx of several new technologies, materials, and concepts. The global market for automated industrial doors has registered an enormous rise in the growth rate in the last few years. The market's growth is mainly attributed to the automation of doors in workstations leading to ease of operation. Moreover, established companies and emerging companies across the industry are working on developing robust technologies to improve the operation of automated industrial doors and fulfill the increasing demand for entrance automation in workplaces.
Automated Industrial Door Market Report Scope:
| Report Metric | Details |
| Market Size by 2030 | USD 41,745 Million |
| Growth2019 to 2026 | 6.3% CAGR |
| Forecast Period | 2019-2026 |
| Key Vendors | RTJ Automation & Maintenance Limited (U.K.), Gandhi Automations Pvt Ltd. (India), Assa Abloy AB (Sweden), CASIT s.n.c. di CC Ramella & C. (Italy), The Agta Record Group (Switzerland), Maviflex (France), Hart Door Systems (U.K.), Novoferm GmbH (Germany), Gilgen Door Systems AG (Switzerland), Al-Barrack Industrial Group (Saudi Arabia) |
| Key Market Opportunities | Automated industrial doors are highly preferred in industries due to the shortage of labor is propelling the market growth |
| Key Market Drivers | Automated industrial doors market is rising due to enhanced security of the automated doors |
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Market USP Covered
Automated Industrial Door Market Drivers
The global market for automated industrial doors has registered an enormous rise in the growth rate in the last few years. The market's growth is mainly attributed to various economic and environmental factors. Enhanced security and improved operational efficiency of the automated doors are likely to boost the market's growth.
Automated Industrial Door Market Restraints
Although several aspects support the growth of the automated industrial doors market, certain aspects may impede the growth of the market. The major aspect restricting the market's growth is the high initial costs. Furthermore, the heavy repair and maintenance costs and fewer automation demands in small and emerging countries are another crucial aspect that may restrict the market's growth over the assessment timeframe. In addition, the volatile prices of raw materials may also hamper the global automated industrial doors market over the assessment timeframe.
Automated Industrial Door Market Segments
Among all the types, the sliding segment is anticipated to lead the global automated industrial doors market over the assessment timeframe. The automatic sliding mechanism is ideal for airports, big retail outlets, apartments, offices, hotels, residential buildings, and other projects. Furthermore, the rise in the adoption of sliding automatic doors among consumers and the increase in the new construction and home improvement activities are likely to offer several growth opportunities to the players across the global market.
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The commercial segment is anticipated to lead the global automated industrial doors market over the assessment timeframe among all the end-user segments. The segment's growth is mainly attributed to the rise in the use of automatic panel doors and sliding doors across housing & commercial buildings, and infrastructure projects, particularly across India and China, drive the automatic door market growth.
Automated Industrial Door Market Regional Analysis
The global automated industrial doors market is studied across five major regions: Latin America, Asia-Pacific, North America, Europe, and the Middle East & Africa.
According to the Market Research Future (MRFR) analysis reports, the Asia-Pacific region is anticipated to account for the highest contribution to the net global automated industrial doors market share over the forecasted era. The major aspect causing an upsurge in the regional market's growth is the growing economic prosperity in India. Furthermore, the leading players across the regional market are adopting several growth policies such as partnerships, product launches, collaborations, and acquisitions to strengthen their market outreach and sustain the stiff competition.
The automated industrial doors market for the MEA and Latin American regions is likely to record substantial growth over the forecasted era. The growth of the regional markets is attributed mainly to the rapid economic growth across the regions.
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The North American regional market for automated industrial doors will grow substantially over the assessment timeframe. The regional market's growth is mainly attributed to the growing demand for automated door systems for commercial sectors and industrial purposes.
The European regional automated industrial doors market is anticipated to thrive robustly over the forecasted timeframe. The growing number of construction activities across the region is the major aspect causing an upsurge in the growth of the regional automated industrial doors market.
COVID-19 Impact
Ever since the COVID-19 virus outbreak in December 2019, the World Health Organization announced it was a public health emergency. The disease has spread to more than 100 countries and had a major impact on lives around the globe. Particularly the global manufacturing, financial, and tourism markets have been hit hard. The downward pressure on the global economy that once revealed recovery symptoms in the previous period has risen again. The global health crisis has had a severe impact on the majority of the market sectors across the globe. Several governments across the globe imposed partial or complete lockdowns to stop the spread of the disease. According to various international organizations, the global economy is in the most painful period since the financial crisis. Many market sectors face several unexpected challenges, and the global automated industrial doors market is no different than others. The market players witnessed a major fall in demand in 2020.
With the fall in cases across the globe, the global economy is getting back on track. The construction sector is growing rapidly and is likely to register substantial growth over the assessment timeframe. The global market for automated industrial doors is anticipated to witness a surge in demand over the forecasted era.
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Automated Industrial Door Market Competitive Analysis
Dominant Key Players on Automated Industrial Door Market Covered are:
- RTJ Automation & Maintenance Limited (U.K.)
- Gandhi Automations Pvt Ltd. (India)
- Assa Abloy AB (Sweden)
- CASIT s.n.c. di CC Ramella & C. (Italy)
- The Agta Record Group (Switzerland)
- Maviflex (France)
- Hart Door Systems (U.K.)
- Novoferm GmbH (Germany)
- Gilgen Door Systems AG (Switzerland)
- Al-Barrack Industrial Group (Saudi Arabia)
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