About High Speed Door
High-speed door, a programmed door system which is utilized for quick access among inside and outside area of industrial and commercial buildings. In the current scenario, market players are designing and manufacturing automatic high-speed doors for safe efficient and simple operation of any internal doorways.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global High Speed Door market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hormann GmbH (Germany), Rite-Hite (United States), ASI Doors (United States), Rytec Doors (United States), ASSA ABLOY Entrance Systems (Sweden), Chase Doors (United States), PerforMax Global, TNR Industrial Doors (Canada), TMI LLC (United States) and Dortek Ltd. (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are EFAFLEX (Germany), Angel Mir (Spain), Hart Doors (United Kingdom) and JDooor (China).
Segmentation Overview
AMA Research has segmented the market of Global High Speed Door market by Type (Vertical Rolling Doors, Vertical Lifting Doors, Swinging Doors and Others), Application (Mining & Industrial, Food & Beverage, Parking & Automotive, Logistics & Transportation and Others) and Region.
On the basis of geography, the market of High Speed Door has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Based on Modality, the sub-segment i.e. Interior High-Speed Door will boost the High Speed Door market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Metal will boost the High Speed Door market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the High Speed Door market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Key Market Players are Focusing on the Development of Eco-Friendly Doors
Market Growth Drivers:
Increasing Industrialization and Construction Activity Globally and The Growth in the Disposable Income among Consumers
Challenges:
Availability of Substitute and Limited Adoption Rate in Various Geographic Regions
Restraints:
The High Cost of Installing and Maintaining High-Speed Doors
Opportunities:
Surging Expenditure on Industries Remodeling in both Developed and Developing Nations
Market Leaders and their expansionary development strategies
In October 2023, ASSA ABLOY has acquired Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sectional and high-speed doors. This acquisition delivers on our strategy to reinforce our current offering within entrance automation in emerging markets,” says Nico Delvaux, President and CEO of ASSA ABLOY.
In May 2022, North America’s leading garage door manufacturer, Clopay, has partnered with LiftMaster, the top brand of professionally installed residential garage door systems and commercial door operators, to launch the Extreme Series Door System powered by LiftMaster.
Key Target Audience
High-Speed Door Manufacturers, Raw Material Suppliers, Doors/Suppliers/Distributors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.