revolving doors Market

The revolving doors market is projected to reach US$ 1,121.42 million by 2028 from US$ 860.83 million in 2021; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028

Market Overview

Revolving doors, which rotate around a vertical axis in a cylindrical enclosure, have energy-saving benefits by reducing the loss of heating or cooling in buildings. The construction of modern facilities like high-tech airports, cinemas, hotels, and shopping malls is expected to drive the growth of the revolving doors market during the forecast period. The market is being propelled by a surge in construction activity and an increased adoption of door automation in developed and developing countries. These doors provide secure, fast, and easy operation, and their installation in commercial and industrial spaces is increasing. There is also growing awareness of new and developing technologies, creating ample opportunities for the revolving doors market to expand.   

Regional Overview

In 2020, North America led the revolving doors market due to the presence of numerous data centers, particularly in states like California, Texas, Florida, Pennsylvania, New York, Massachusetts, Arizona, Washington, North Carolina, Virginia, Ontario, and British Colombia. Leading data center colocation players such as CenturyLink, Digital Realty Trust, L.P., Equinix Inc., and AT&T, Inc. are expanding rapidly in the region. In APAC countries, increased spending on security in commercial, industrial, and government sectors is driving the adoption of advanced revolving doors. For example, in 2018, the Chinese Government increased domestic security spending by 6.1% of the total defense budget, leading to a surge in advanced security systems adoption in restricted areas and creating favorable growth opportunities for the revolving doors market.

Impact of COVID-19

In 2020, the COVID-19 pandemic and extended lockdown periods caused a significant decline in the growth of the construction industry in APAC. To contain the spread of the virus, several companies in the region ceased production activities, leading to supply chain disruptions in countries like India and China. Maintaining project quality was also challenging due to different regulatory frameworks in each country. However, with relaxed lockdown restrictions and ongoing vaccination efforts, raw material shipments and industrial activities have gradually increased, resulting in steady growth of the revolving doors market in APAC in 2021.

Key Companies

The global revolving doors market is served by key players such as 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.   

The global market size of revolving doors has been determined using a combination of primary and secondary sources. The research process started with a comprehensive secondary research study utilizing both internal and external sources to gather qualitative and quantitative information on the market. This procedure aimed to obtain an overview and forecast of the revolving doors market across all its segments. Additionally, multiple primary interviews were conducted with industry participants and commentators to verify the data and gather more analytical insights into the topic. The individuals involved in this process include industry experts like VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the revolving doors market.