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High-speed Doors Market Share

Report ID: GMI11609
Published Date: Sep 2024
Report Format: PDF

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High-speed Doors Market Share

High-speed Doors Market Company Market Analysis (2023)

The market is fragmented, with many companies offering different products for industries like manufacturing, logistics, food processing, and commercial spaces. Regional differences in needs have led to many small and medium-sized businesses catering to local demands. Technological advancements in materials and automation have increased product options, boosting competition among both established and new companies. Key players in this market include ASSA ABLOY, known for its wide range of access solutions; Hormann, known for quality and durability; Rite-Hite, a leader in loading dock solutions; Rytec, focusing on safety and energy efficiency; and Efaflex, known for customizable high-speed door technologies.

High-speed Doors Market Companies

Major players operating in the market include:

Angel Mir
ASI
ASSA ABLOY
Chase Doors
Dortek
Efaflex
Hart Doors
Hormann
Jdoor
PerforMax
Rite-Hite
Rytec
TNR
Tosh Automation

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The high-speed doors industry was valued at USD 4.1 billion in 2023 and is estimated to grow at a 4.7% CAGR from 2024 to 2032, driven by advancements in industrial automation that enhance efficiency and reduce downtime.

The roll-up doors segment dominated the market in 2023, capturing a substantial market share of 71.6%. This segment is anticipated to maintain its lead, projected to reach a significant valuation by 2032.

The Asia Pacific region leads the high-speed doors market with a CAGR of 5.1% and is expected to reach USD 2.4 billion by 2032. Rapid industrialization and urbanization in countries like China and India have increased the demand for efficient access solutions in manufacturing and logistics, driving the need for high-speed doors in warehouses, factories, and distribution centers.

Key companies operating in the market include Angel Mir, ASI, ASSA ABLOY, Chase Doors, Dortek, Efaflex, Hart Doors, Hormann, Jdoor, PerforMax, Rite-Hite, Rytec, TNR, and Tosh Automation.