High Speed Doors Market Expansion Strategies Set to Generate Substantial Revenue in the Near Future
Los Angeles, CA -- (SBWire) -- 07/05/2019 --High Speed Doors are door systems, mainly used in industrial applications. They are technical enhancements of the generally known sectional doors, PVC fabric doors or roller shutters. The main difference is that the durable construction provides a higher operating speed and they are able to sustain a higher number of cycles (opening and closing cycles) and require lower maintenance and repair cost. The speed can reach 4.0 m and beyond per second. Depending on the intended field of application, horizontal or vertical operating door types are available. They reduce to the maximum air currents and losses of ambient temperatures, and they make the intense flow of people and vehicles easier.
Asia-Pacific ranks the first in 2017, taking about 39.10% share of the global market; Europe and North America comes the second and the third places, consists of 26% and 25.44% share in global market respectively.
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Based on high speed door types, rolling doors takes most of the market share, with about 45.16% proportion in 2017, folding doors followed as second with about 22.22% market share, based on revenue. Other commonly used types include Sliding Doors and Swinging Doors. As for downstream user industries, high speed doors are widely used in food & drink industry, warehouse and loading bays, pharmaceutical environment and large exterior openings, etc..
Rytec, ASSA ABLOY and Hormann are the top three manufacturers in global high speed door market, all the three together consist of approximately 24.17% of the global market share. Other prominent players include Chase Doors, Rite-Hite, ASI Doors, Efaflex, PerforMax, TNR Doors, Dortek, Angel Mir, Hart Doors and etc., the market is not so concentrated, and the competition is going to be more intense.
The global High Speed Doors market is valued at 760 million US$ in 2018 is expected to reach 1130 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2019-2025.
This report includes the following manufacturers; we can also add the other companies as you want.
Hormann
Rite-Hite
ASI
Rytec
ASSA ABLOY
Chase Doors
PerforMax
TNR Doors
TMI
Dortek
Efaflex
Angel Mir
HAG
Hart Doors
JDoor
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