The global high-speed doors industry has experienced considerable growth over recent years in all segments in terms of the total revenue. The total market size increased from USD 3,476 million in 2020 to USD 4,033 million in 2023, representing a CAGR of 5.1% during the period. As the industry recovers from the COVID-19 pandemic and continues to grow, the market size of the global high-speed doors is forecasted to increase to USD 5,021 million in 2028, representing a CAGR of 4.5% from 2023 to 2028.
High-speed doors, made of materials such as aluminum, steel, fabric, and rubber, offer efficient operation and control of production flow. Some are integrated with IoT features for remote control and easy handling. They have a well-established market driven by demand from new construction projects and the need to replace old units with innovative, high thermal efficiency products. Advanced features such as insulation curtains and wind resistance enhance their demand compared to conventional doors. Additionally, maintenance is easy due to their construction with PVC (polyvinyl chloride) curtains and stainless-steel side covers, designed to withstand heavy use of cleaning agents.
The global high-speed doors market categorized by material, for the respective periods: metal, fabric, and rubber. In terms of material, the metal segment dominated the market studied in 2022, holding a substantial share of 61%. High-speed doors primarily use aluminum and steel. Aluminum is lighter and more recyclable than steel, resistant to corrosion, and offers various design options. Aluminum roller doors provide superior insulation and quiet operation. They are in high demand due to industrial and commercial construction growth, new permits, and consumer demand for renovation projects.
The high-speed doors market can be categorized into three functions, namely rolling, sliding, and folding. The segment pertaining to rolling function has witnessed a substantial revenue of USD *** million in 2022. Furthermore, it is anticipated to attain a remarkable growth rate of 4.7% over the forecast period from 2023 to 2028, ultimately reaching a revenue of USD*** million by 2028. Industrial doors are crucial for aesthetics, security, and functionality, adhering to regulations and operational needs. High-speed rolling doors made of PVC and metal maintain specialized environments, while sliding and folding doors, made of rubber and fabric with metal coatings, cater to industrial requirements. The market is increasingly focused on energy efficiency and safety features, driven by the demand for durable, functional doors in industrial settings.
The revenue of the high-speed doors market by region from 2020 to 2022 and forecast for 2023 to 2028: North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America. In terms of geography, Asia-Pacific has emerged as the dominant player in the high-speed doors market studied in 2022, capturing a significant share of 39%. Following closely behind are Europe and North America, with shares of 28% and 21% respectively. Compared to the high-speed doors market in developed countries, Asia-Pacific high-speed doors market of developing countries (Chian, India, Southeast Asia, etc.) is still underpenetrated and has significant growth potential. The construction industry in the Asia-Pacific region is experiencing substantial growth due to the rapid urbanization taking place. Developing economies are witnessing strong demand for commercial construction, with multiple real estate projects being undertaken in industrial and commercial development zones. This trend is expected to gain further momentum, making the new construction sector a crucial driver of growth for the high-speed doors market in the Asia-Pacific region.
Competitive Landscape
The prominent players operating in the global high-speed doors market include Angel Mir – Portes Bisbal SL, Assa Abloy AB, Chase Industries Inc., DH Pace Company Inc., dormakaba Holding AG, EFAFLEX Tor- und Sicherheitssysteme GmbH & Co. KG, Griffon Corporation, Hart Door Systems Limited, Hörmann LLC, Kone Oyj, KRUŽÍK s.r.o., Novoferm GmbH, OCM Industrial Doors Srl, PerforMax Global LLC, Raynor Manufacturing Company, Rite-Hite Holding Corporation, Rytec Corporation, Somfy Group, among others.
Key Questions Answered
What is the projected global market size of high-speed doors by 2028?
In the high-speed doors market, which material segment attains the foremost position?
Which function segment generates the most substantial revenue?
Which sensor segment achieves the highest performance in the high-speed doors market?
Within the market, which application segment has secured the leading position?
Among the various end user segments, which segment has taken the leading position?
Which region segment exhibits dominant control and influence?
Who are the key players with the largest market share in the high-speed doors market?
What is the estimated global market size for the high-speed doors market in 2023?
What are the main factors driving the growth of the high-speed doors market?
What is the expected incremental growth of the high-speed doors market during the forecast period?
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 6
Part 2. Scope and Methodology 7
Report Scope 8
Material 8
Function 8
Sensor 8
Application 8
End-User 8
Region 8
Research Methodology 10
Part 3. High-Speed Doors Market Overview 12
Summary 12
Part 4. Market Dynamics 14
Growth Drivers and Future Trends 14
Restraints and Challenges 15
Opportunities 16
Part 5. Global High-Speed Doors Market by Material 18
Part 6. Global High-Speed Doors Market by Function 21
Part 7. Global High-Speed Doors Market by Sensor 24
Part 8. Global High-Speed Doors Market by Application 27
Part 9. Global High-Speed Doors Market by End-User 30
Part 10. Global High-Speed Doors Market by Region 33
Asia-Pacific 36
North America 40
Europe 43
Middle East and Africa 46
Latin America 49
Part 11. Competitive Analysis 51
Competition Overview 51
Recent Developments 52
ASSA ABLOY Group 53
Business Overview 53
Contact Information 55
DH Pace Company, Inc. 56
Business Overview 56
Contact Information 56
Rytec Corporation 57
Business Overview 57
Contact Information 57
Hormann Group 58
Business Overview 58
Contact Information 58
dormakaba Holding AG 59
Business Overview 59
Contact Information 61
Novoferm GmbH 62
Business Overview 62
Contact Information 62
Rite-Hite Holding Corporation 63
Business Overview 63
Contact Information 63
Kone Oyj 64
Business Overview 64
Contact Information 66
Disclaimer 67
FIGURES AND TABLES
Global High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
Global High-Speed Doors Market by Material, 2020-2028 (USD Million)
Global High-Speed Doors Market by Material, CAGR Historic and Forecast, 2020-2028
Global High-Speed Doors Market by Function, 2020-2028 (USD Million)
Global High-Speed Doors Market by Function, CAGR Historic and Forecast, 2020-2028
Global High-Speed Doors Market by Sensor, 2020-2028 (USD Million)
Global High-Speed Doors Market by Sensor, CAGR Historic and Forecast, 2020-2028
Global High-Speed Doors Market by Application, 2020-2028 (USD Million)
Global High-Speed Doors Market by Application, CAGR Historic and Forecast, 2020-2028
Global High-Speed Doors Market by End-User, 2020-2028 (USD Million)
Global High-Speed Doors Market by End-User, CAGR Historic and Forecast, 2020-2028
Global High-Speed Doors Market Share by Region, 2022
Global High-Speed Doors Market by Region, 2020-2028 (USD Million)
Global High-Speed Doors Market by Region, CAGR Historic and Forecast, 2020-2028
Asia-Pacific High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
China Cold Storage Capacity, 2018-2022 (Million Tons)
Asia-Pacific High-Speed Doors Market Share by Country, 2022
North America High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
North America High-Speed Doors Market Share by Country, 2022
Europe High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
Europe High-Speed Doors Market Share by Country, 2022
Middle East and Africa High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
Middle East and Africa High-Speed Doors Market Share by Country, 2022
Latin America High-Speed Doors Market, Net Growth, 2020-2028 (USD Million)
Latin America High-Speed Doors Market Share by Country, 2022
ASSA ABLOY Group Financial Overview (SEK Million)
ASSA ABLOY Group Revenue, by Segment, 2022
ASSA ABLOY Group Revenue, by Product Group, 2022
ASSA ABLOY Group Revenue, by Region, 2022
dormakaba Holding AG Financial Overview (CHF Million)
dormakaba Holding AG Revenue, by Segment, 2023
dormakaba Holding AG Access Solutions Revenue, by Region, 2023
Kone Oyj Financial Overview (EUR Million)
Kone Oyj Revenue, by Segment, 2022
Kone Oyj Services Revenue, by Segment, 2022
Kone Oyj Revenue, by Region, 2022
Companies Mentioned
A selection of companies mentioned in this report includes:
Angel Mir – Portes Bisbal SL
Assa Abloy AB
Chase Industries, Inc.
DH Pace Company, Inc.
dormakaba Holding AG
EFAFLEX Tor- und Sicherheitssysteme GmbH & Co. KG
Griffon Corporation
Hart Door Systems Limited
Hörmann LLC
Kone Oyj
KRUŽÍK s.r.o.
Novoferm GmbH
OCM Industrial Doors Srl
PerforMax Global LLC
Raynor Manufacturing Company
Rite-Hite Holding Corporation
Rytec Corporation
Somfy Group