Global Automated Industrial Door Market, predicted to grow at more than 5% by 2023!
Pune, India, Jan 5, 2018 - Market Research Future published a half cooked research report on global automated industrial door market. The automated industrial door market is expected to grow at ~ 5% CAGR during the period 2017 to 2023.
Market Highlights
The automated industrial doors facilitate easy opening and closure of heavy duty doors in various factories, manufacturing units, airports and sea ports. These automated industrial doors are installed in industries that are grappling with labor shortage, which a major factor fueling the market growth over the years. The construction industry across the globe has been witnessing steep growth with the influx of several new technologies, concepts, and materials. The market for automated industrial doors is growing significantly over the past years. The market is poised to grow over the years, owing to the automation of doors in workstation, which leads to ease of operation. Furthermore, both, established companies and emerging companies in the industry are researching on development of robust technologies so as to enhance the operation of automated industrial door and meet the surging demand for entrance automation in workplaces.
The sales of automated industrial doors is largely influenced by numerous economic and environmental factors. The sales pattern for automated industrial doors have faced similar ups and downs as the global economy. Therefore, the global economy plays a key role in the development of automated industrial doors market. Amongst the environmental factors, weather anomalies affect the business of the industry.
Factories and manufacturing units held the largest market share in 2016 owing to significant rise in industrialization, which led to the emergence of various factories and manufacturing units across the globe. Factories and manufacturing units are the major applicable industry verticals generating revenues in the automated industrial doors across the globe. The rapid rise in industrialization led to increase in various factories and manufacturing units, and with the adoption rate of automation, among the manufacturing units in the developed countries.
The major driving factor for the automated industrial door market in factory and manufacturing units is the improved operational efficiency and enhanced security of the automated doors. The doors of factories and manufacturing units are operated heavily for the vehicles or machineries to ply in and out, for which the traditional factories and manufacturing unit doors are slow in operation. Moreover, they require more maintenance than the automated doors.
Market Research Analysis
Scope of the Report
Rapid Roll Doors and Factories & Manufacturing Units are, expected to grow at the highest CAGR and hold the largest market share.
Global automated industrial door market has been segmented based on design type, industry vertical, and region. The rapid roll doors are fast action doors that are best suited for entrances with higher frequency traffic such as those at warehouses, logistics loading bays, and dealerships. These rapid roll fast acting doors are designed to handle frequent opening and closure of the entrance, which could turn over to 200000 times a year. These rapid rolling fast acting doors are highly energy efficient and secure as well as they require minimum maintenance. The rapid roll fast acting doors enhance the efficiency of the operation and reduce the energy costs, which are major factors boosting the market for rapid roll fast acting doors. Factories and manufacturing units held the largest market share in 2016 owing to significant rise in industrialization, which led to the emergence of various factories and manufacturing units across the globe. Factories and manufacturing units are the major applicable industry verticals generating revenues in the automated industrial doors across the globe. The rapid rise in industrialization led to increase in various factories and manufacturing units, and with the adoption rate of automation, among the manufacturing units in the developed countries.
This study provides an overview of the global automated industrial door market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the automated industrial door market by its design type, by industry vertical and by region.
By Design Type
Sectional Overhead Doors
Rapid Roll Fast Acting Door
Folding Hangar Doors
Others
By Industry Vertical
Factories & Manufacturing Units
Airports and Ports
Commercial
By Regions
North America
Asia Pacific
Europe
Rest of the World