The Automated Industrial Doors Market size is projected to reach US$ 6.0 billion by 2031 from US$ 4.3 billion in 2023. The market is expected to register a CAGR of 4.3% in 2023–2031. One of the recent trends in the industry is the increased adoption of technology such as sensor-based systems, touchless operations, and biometric recognition, among others. As the trends of IoT technology and Smart factories are increasing, the adoption of technologically advanced products is increasing.
The rising number of commercial infrastructures is one of the notable factors behind the growth of the industrial doors market globally. The number of airports across the globe is increasing significantly. Thus, the number of automated industrial doors is increasing. As per the data published by the US government in 2023, there are approximately 5000 airports across the US. However, the US government is taking various initiatives to increase the current number of airports and expand and renovate current airports. Thus, owing to such factors, the demand for automated industrial doors is increasing notably, ultimately driving the market.
On the basis of the design type, sectional overhead doors are projected to lead the market owing to a wide range of factors. One of the main benefits is these doors are highly customized and fit to any door frame. In addition, these doors are suitable for smaller spaces too. Thus, owing to the benefits mentioned above, the demand for these automated industrial doors increased. Manufacturers in the past have focused on product development, merger, acquisition, and business expansion strategy.
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Automated Industrial Doors Market: Strategic Insights
The demand for industrial doors has increased in the past few years. However, owing to increased awareness of sustainability, the demand for efficient and effective automated industrial doors increased. Thus, manufacturers in the industry started manufacturing and offering energy-efficient solutions. Thus, with increased demand for energy efficiency and strong supply by the manufacturers in the industry, the demand for automated industrial doors increased.
As the commercial construction sector is growing notably. The demand for automated industrial doors is projected to increase rapidly in the coming years. As per the data provided by the American Institute of Architectures (AIA) in 2023, the growth of commercial construction in 2023 was increased by 20% compared to 2022, and the industry is projected to show lucrative growth in 2024. Further, India’s construction sector is estimated to grow by 10.7% of growth during the forecast period. Such growth of the commercial construction sector is anticipated to drive the demand for the automated industrial sector in the coming years.
Key segments that contributed to the derivation of the Automated Industrial Doors Market analysis are type, cause, disorder type, category, and end user.
The geographic scope of the Automated Industrial Doors Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
North America has dominated the Automated Industrial Doors Market. One of the factors behind the market growth is the increased demand for the developed industrial and expanded commercial construction sector in the US. Further, Asia Pacific is projected to grow with the highest CAGR during the forecast period, owing to significant growth in industrial growth during the forecast period. As per the data published by the International Monetary Fund in 2022, the Asia Pacific witnessed growth of 3.9% from 2021. In addition, the growth in 2023 increased by 4.6% from 2022. This growth shows the continuous expansion of industrial growth. Hence, increased industrial growth is projected to generate lucrative opportunities for the automated industrial doors market.
The regional trends and factors influencing the Automated Industrial Doors Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automated Industrial Doors Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 4.3 Billion |
| Market Size by 2031 | US$ 6.0 Billion |
| Global CAGR (2023 - 2031) | 4.3% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Design Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Automated Industrial Doors Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Automated Industrial Doors Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Automated Industrial Doors Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for automated industrial doors and strategies:
The “Automated Industrial Doors Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: