Revolving Doors Market Size and Forecast (2021-2031)
The revolving doors market size is projected to reach US$ 1,372.6 million by 2031 from US$ 913.58 million in 2023. The market is expected to register a CAGR of 5.2% during 2023–2031. The dynamic and promising economic outlook in developing countries and technological advancement in various Asian countries is likely to remain a key trend in the market.
Revolving Doors Market Analysis
The increase in demand for modern facilities in commercial spaces, growing industrialization and urbanization are strengthening the demand for revolving doors across the globe. Additionally, the growing focus on the construction of high-rise buildings in China and Japan has increased the application of advanced revolving doors and is offering new opportunities to drive the demand for revolving doors globally. Various end-users include airports, train stations, government facilities, commercial buildings, education institutions, data centers, financial institutions, malls, hotels, and others. Further, various industry associations for revolving doors include the US Green Building Council, Housing Innovation Association, European Committee for Standardization (CEN), Emergency Exit Compatible (EN16005), National Institute for Public Health and the Environment (RIVM), among others.
Revolving Doors Market Overview
The key stakeholders in the revolving doors market include revolving doors manufacturers, distributors and traders, end-users, various investment research firms, government and regional agencies and research organizations. ASSA ABLOY, CoMETA SpA, dormakaba Group, GEZE GmbH, Horton Automatics, KONE Oy, Manusa, Royal Boon Edam International B.V., Stanley Access Technologies LLC, and TORMAX are among the prominent players operating in the global revolving doors market.
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Revolving Doors Market: Strategic Insights
Revolving Doors Market
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![](https://www.theinsightpartners.com/assets/images/rd_int_img/cagr.png)
CAGR (2023 - 2031)
5.2%
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Market Size 2023
US$ 913.58 Million
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Market Size 2031
US$ 1,372.6 Million
Market Dynamics
GROWTH DRIVERS
- Increasing Infrastructure Spending and Rapid Urbanization
FUTURE TRENDS
- Integration of Automatic Revolving Doors
OPPORTUNITIES
- Rising Development of Construction Sector in Developing Nations
Key Players
- ASSA ABLOY AB
- CoMETA SpA
- dormakaba Group
- GEZE GmbH
- Horton Automatics
- KONE Ojy
- Manusa
- Royal Boon Edam International B.V
- Stanley Access Technologies LLC
- TORMAX USA Inc.
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product Type
- Three Wings and Four Wings
Operation Type
- Manual and Automatic
Application
- Commercial and Industrial
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Revolving Doors Market: Strategic Insights
-
CAGR (2023 - 2031)5.2% -
Market Size 2023
US$ 913.58 Million -
Market Size 2031
US$ 1,372.6 Million
![](https://www.theinsightpartners.com/assets/images/rd_int_img/tip-logo.jpg)
Market Dynamics
- Increasing Infrastructure Spending and Rapid Urbanization
- Integration of Automatic Revolving Doors
- Rising Development of Construction Sector in Developing Nations
Key Players
- ASSA ABLOY AB
- CoMETA SpA
- dormakaba Group
- GEZE GmbH
- Horton Automatics
- KONE Ojy
- Manusa
- Royal Boon Edam International B.V
- Stanley Access Technologies LLC
- TORMAX USA Inc.
Regional Overview
![](https://www.theinsightpartners.com/assets/images/rd_int_img/ig-regional.png)
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
![](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_danger.png)
- Three Wings and Four Wings
![](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- Manual and Automatic
![](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_primary.png)
- Commercial and Industrial
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Revolving Doors Market Drivers and Opportunities
Increasing Infrastructure Spending and Rapid Urbanization to Favor Market
Growing urban development and the proliferation of advanced office spaces, coupled with an increase in investment in modern infrastructure facilities, have resulted in high demand and application of revolving doors globally. Moreover, there is a rise in the installation of revolving doors in the industrial sector. The rise in the development of the industrial sector is estimated to steer the growth of the revolving doors in the near future all over the world.
Rising Development of Construction Sector in Developing Nations
Positive economic outlook in developing countries such as China and Japan, allowing the development of the revolving doors market. The revolving doors market is growing due to commercial construction projects along with a growing number of shopping complexes and retail stores. The high standard of living and rise in construction sector development have increased the growth of the revolving doors market in developing nations. Furthermore, increasing demand for automatic revolving doors for commercial and industrial spaces is anticipated to drive product demand in the region, which is also projected to drive the growth of the revolving doors market globally over the coming years.
Revolving Doors Market Report Segmentation Analysis
Key segments that contributed to the derivation of the revolving doors market analysis are product type, operation type and application.
- Based on the product type, the revolving doors market is divided into three wings and four wings. The three wings segment held a larger market share in 2023.
- Based on the operation type, the revolving doors market is divided into manual and automatic. The manual segment held a larger market share in 2023.
- Based on the application, the revolving doors market is divided into commercial and industrial. The commercial segment held a larger market share in 2023.
Revolving Doors Market Share Analysis by Geography
The geographic scope of the revolving doors market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America is leading the market. High technological development and a growing number of commercial spaces are acting as a major driver for the revolving doors market in the region. The growing industrialization and rising number of urban population are boosting the installation of revolving doors in the US. The growing development in the construction sector in developing nations like India, is also having a positive impact on the revolving doors market globally.
Revolving Doors Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 913.58 Million |
Market Size by 2031 | US$ 1,372.6 Million |
Global CAGR (2023 - 2031) | 5.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Revolving Doors Market News and Recent Developments
The Revolving Doors market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Revolving Doors market are listed below:
- KONE Corporation, a global leader in the lift and escalator industry, has won an order from the UK's main railway infrastructure owner and manager, Network Rail, to modernize fourteen escalators within the Merseyrail network in Liverpool. Upon completion, the new KONE equipment will move people across major stations, such as Lime Street, Hamilton Square, and James Street. (Source: KONE Corporation, Press Release, April 2024)
- ASSA ABLOY has signed an agreement to acquire Arran Isle, a leading designer, manufacturer and distributor of door and window hardware in the UK and Ireland, to add complementary products and solutions to ASSA ABLOY core business. (Source: ASSA ABLOY AB, Press Release, September 2021)
Revolving Doors Market Report Coverage and Deliverables
The “Revolving Doors Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Revolving doors market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Revolving doors market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Revolving doors market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the revolving doors market
- Detailed company profiles
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Product Type, Operation Type, and Application
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the revolving doors market in 2023.
The integration of automatic revolving doors is the future trend of the revolving doors market.
ASSA ABLOY AB, CoMETA SpA, dormakaba Group, GEZE GmbH, Horton Automatics, KONE Ojy, Manusa, Royal Boon Edam International B.V, Stanley Access Technologies LLC, and Tormax USA Inc. are some of the leading players in the market.
US$ 1,372.6 million estimated value of the revolving doors market by 2031.
5.2% is the expected CAGR of the revolving doors market.