The global automated industrial doors market accounted for US$ 2.13 Bn in the year 2014 and is expected to grow at a CAGR of 9.1% during the forecast period 2015 – 2025, to account for US$ 5.53 Bn in the year 2025.
The market for automated industrial door is driven by various factors such as rise in automation the field of industrial and commercial doors and gates, rapid growth of development of aircraft hangars and shipyards. Moreover, increase in security concerns in various industrial and manufacturing sectors, the market for automated industrial doors is poised to escalate significantly in the current scenario as well as in the coming years. However, the time taken from manufacturing to installation and commercialization of these automated industrial doors, is anticipated to be the major factor impacting negatively on the growth of market for automated industrial doors in the future. Nonetheless, the escalating demand for temperature controlled doors in various sectors such as pharmaceuticals, chemical manufacturing, and beverages industries among others are expected to be bolster the market for automated industrial door in the future. The South America automated industrial doors market region is expected to witness a CAGR growth rate of 5.8% in the coming years.
Exhibit: Automated Industrial Doors Market by Region
Automated Industrial Doors Market Insights
Growing number of airports and shipyards
As the commercial and military aviation industry is progressing significantly, the need for hangars are also increasing simultaneously. This has given rise to the need for automated entrance systems which enables easy operation while the aircraft is entering the hangar for maintenance or leaving the hangar post maintenance. The automated industrial doors for aircraft hangars are replacing the traditional sliding doors which were time taking, require heavy maintenance which resulted in huge investments. Owing to these factors, the airport authorities and the airlines owners are heavily adopting the automated hangar doors which are generally made of PVC material or special fabrics that omits the risk of operation failure due to rust and requires no bottom rails for the operation, leading to more space in the hangar region. These factors are also increasing the interest among the end users to adopt these automatic entrance systems which is boosting the market for automated industrial doors. Similarly, the shipyards authorities are also adopting these PVC doors in order to increase the operational efficiency and minimize the cost involved in maintenance of traditional industrial doors. Subsequently, driving the growth for automated industrial doors market in the coming years.
Rise in popularity of energy efficient automated industrial doors
The future of automated industrial doors market is foreseen to be promising across the globe pertaining to various research and development by the manufacturers of the entrance systems. The manufacturers of automated industrial doors are constantly focusing on developing robust technologies and integrate the same in their products. Energy efficient industrial doors is one of the major focus of the manufacturers in order to design their products with most advanced technology. Presently, the industrial doors use only motors to operate, while the manufacturers are integrating their products with variable speed drives along with the motor, which is highly effective in energy saving, and the introduction of adjustable or variable speed drives in the automated industrial doors, is expected to boost the market for automated industrial doors in the future. Moreover, in the developed countries such as the United States, Canada, the United Kingdom, Germany, Russia, China and Saudi Arabia among others, the factory automation is increasing rapidly, giving rise to automated machineries in the workstations. Thus, the growing demand for automated energy efficient doors is expected to provide numerous profitable opportunities for the automated industrial doors market players in the coming years.
Automated Industrial Doors Market – Design Type Insight
In the global automated industrial doors market for the sectional overhead doors segment by design type, the sectional overhead doors are large doors used in various industrial purposes, and they can be either operated manually or automated with the usage of electric motor. These doors are generally installed on several hinges that roll together along the system of tracks, guided by a roller. The market for sectional overhead doors is poised to grow over the period owing to rapid industrialization and commercialization in the developing regions which is demanding for sectional overhead doors. Moreover, the enhanced safety and security feature of electronic or automated sectional overhead doors increases the adoption rate of these doors. The sectional overhead doors are applicable in various sectors such as fire stations, ambulance bays, bus depots, car parking area, warehouses, loading bays, and industrial buildings among others. Attributing to the wide range of applications of these sectional overhead doors, the market for automated industrial doors is expected to surge over the forecast period from 2017 to 2025. Thus, the sectional overhead doors segment by design type for automated industrial doors market is projected to provide numerous lucrative business opportunities for the market players in the forecast period.
Automated Industrial Doors Market – Industry Vertical Insight
For the global automated industrial doors market, the factories and manufacturing units held the largest market share in 2016 owing to significant rise in industrialization which led to 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 automated industrial doors market is also expected to surge over the period from 2017 to 2025. The major driving factor for the automated industrial door market in factory and manufacturing units is the increased operational efficiency and enhanced security of the automated doors. Moreover, the doors of factories and manufacturing units are operated heavily for the vehicles or machineries to ply in and out, and the traditional factories and manufacturing unit doors are comparatively slower in operation and require more maintenance than the automated doors. The factories and manufacturing automated industrial doors market is expected to grow at a CAGR of 5.1% during the forecast period.
Exhibit: Automated Industrial Doors Market by Factories and Manufacturing
Automated Industrial Doors Market - Strategic Insights
Strategies such as acquisition, market initiative and new development was observed as the most adopted strategy in global automated industrial doors market. Few of the recent strategies by some of the players’ operating in the automated industrial doors market landscape are listed below-
2017: ASSA ABLOY acquires Southeastern Dock & Door to increase its penetration in both equipment manufacturing and servicing of entrance automation systems.
2016: ASSA ABLOY has acquired Construction Specialties, a leading sales and service company within commercial sectional doors and docking products in the US and Mexico. This acquisition helped ASSA ABLOY to further strengthening our position as the industry leader in entrance automation.
2016: Record UK acquired the total share capital of High Performance Door Solutions Ltd. along with its brand Dor-O-Matic. The two companies have similar focus on product lines and services, which facilitated in enhancing the position of Record in the United Kingdom.
GLOBAL AUTOMATED INDUSTRIAL DOORS MARKET SEGMENTATIONAutomated Industrial Doors Market – By Design Type