Market Introduction
The Middle East and Africa revolving doors market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Green buildings (GB) offer a number of economic or financial benefits relevant to a range of different people or groups of people. Green building constructions seek to address the housing demands of the growing populace with better qualities, energy efficiency, using recycled and recyclable materials, and improving occupants' building lifespan and health. The building sector has the largest potential for significantly reducing greenhouse gas emissions compared to other major emitting sectors. This emissions savings potential is said to reach 84 gigatonnes of CO2 (GtCO2) by 2050, through direct measures in buildings, such as energy efficiency, fuel switching, and the use of renewable energy. More government agencies, property developers, corporate real estate managers, and universities now acknowledge and even incorporate green design ideas and measures in their construction projects. Also, various green building projects of 2021, such as Net-Zero Buildings, are propelling the market growth significantly.
The growing economies such as the UAE and Saudi Arabia are prospective markets for revolving doors providers due to the huge presence of commercial and industrial sectors. In the UAE, at the time of implementation of lockdown, the construction sector was deemed to be a “vital sector,” exempting it from government restrictions. Construction sites were permitted to remain operational, and workers were allowed to commute to and from their project sites, upon obtaining of valid permits from the Dubai Municipality and the Permanent Committee for Labour Affairs. Contractors are likely to face significant challenges given the increased costs due to the mandatory implementation of health and safety measures, and prevailing challenges involved in supply chain operations. However, Hotel construction projects have observed faster recovery growth during 2021; These projects will add 134,131 rooms to the hotel industry in the region. Thus, such favorable growth scenario boosted the revolving doors market in the Middle East and Africa region in 2021.
Strategic insights for the Middle East and Africa Revolving Doors provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East and Africa Revolving Doors refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East and Africa Revolving Doors Strategic Insights
Middle East and Africa Revolving Doors Report Scope
Report Attribute
Details
Market size in 2021
US$ 42.53 Million
Market Size by 2028
US$ 50.52 Million
Global CAGR (2021 - 2028)
2.5%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Product Type
By Operation Type
By Application
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East and Africa Revolving Doors Regional Insights
Market Overview and Dynamics
The revolving doors market in Middle East and Africa is expected to grow from US$ 42.53 million in 2021 to US$ 50.52 million by 2028; it is estimated to grow at a CAGR of 2.5% from 2021 to 2028. The continually expanding construction sector, in Middle East and Africa, is witnessing huge investments in the infrastructure sector, specifically for retail spaces, commercial office buildings, manufacturing facilities, metro rail lines, and expansion and construction of airports. This attribute increasing commercial construction projects and expansion in the number of shopping complexes and retail stores will significantly fuel the demand for revolving doors in the near future. The rise in urbanization and the ongoing economic growth have resulted in increased construction of hospitals, offices, large retails, and theatres. The governments of various countries are encouraging the development of smart cities and expansion of airport facilities, boosting the demand for revolving doors in the residential, industrial, and commercial sectors across the region.
Key Market Segments
Based on product type, the three wings segment accounted for the largest share of the Middle East and Africa revolving doors market in 2020. Based on operation type, the manual segment accounted for the largest share of the Middle East and Africa revolving doors market in 2020. Based on application, the commercial segment accounted for the largest share of the Middle East and Africa revolving doors market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Middle East and Africa revolving doors market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Assa Abloy AB; GEZE GmbH; Tormax USA Inc.; Royal Boon Edam International; Manusa; Kone Ojy; and Dormakaba Holding AG.
Reasons to buy report
Middle East and Africa Revolving Doors Market Segmentation
Middle East and Africa Revolving Doors Market – By Product Type
Middle East and Africa Revolving Doors Market – By Operation Type
Middle East and Africa Revolving Doors Market – By Application
Middle East and Africa Revolving Doors Market – By Country
Middle East and Africa Revolving Doors Market – Company Profiles
The Middle East and Africa Revolving Doors Market is valued at US$ 42.53 Million in 2021, it is projected to reach US$ 50.52 Million by 2028.
As per our report Middle East and Africa Revolving Doors Market, the market size is valued at US$ 42.53 Million in 2021, projecting it to reach US$ 50.52 Million by 2028. This translates to a CAGR of approximately 2.5% during the forecast period.
The Middle East and Africa Revolving Doors Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Revolving Doors Market report:
The Middle East and Africa Revolving Doors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Revolving Doors Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Revolving Doors Market value chain can benefit from the information contained in a comprehensive market report.