Revolving Doors Market Segments and Growth by 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 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 Regional Insights

The regional trends and factors influencing the Revolving Doors Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Revolving Doors Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Revolving Doors Market Report Scope

Revolving Doors Market Players Density: Understanding Its Impact on Business Dynamics

The Revolving Doors 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.

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