North America Revolving Doors Market

Market Introduction

The North America 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. The continually expanding construction sector in North America, 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.

North America is one of the most prominent adopters of revolving doors due to the implementation of government policies boosting innovation and presence of a huge industrial base, especially in developed countries such as the US and Canada. For instance, the Canadian construction industry is witnessing growth in a few major cities, such as Toronto and Vancouver. In these cities, developers are registering good profits on investment, mainly with high-density commercial and industrial projects. In 2020, the limited availability of workforce, shortage of materials and supplies, reduction in productivity rates, and suspension and cancellation of projects/contracts hindered the revolving doors market growth. However, since the late Q3 of 2020, with the relaxation of lockdown rules, the construction sector started to operate with ease, thereby reporting a rise in demand for revolving doors.

North America Revolving Doors Strategic Insights

Strategic insights for the North America 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.

North America Revolving Doors Report Scope

North America Revolving Doors Regional Insights

The geographic scope of the North America 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.

The revolving doors market in North America is expected to grow from US$ 308.15 million in 2021 to US$ 385.37 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028. Increased security requirements for commercial buildings have impacted access control systems' development over the past decade, leading to the emerging trend of integrated, intelligent buildings. The integration of the access control system with other systems, such as Lift Display Units (LDUs) and doors, allows for a smooth throughput transition. As, high-security revolving doors can benefit from added security features, such as ceiling sensors to prevent tailgating, contact mats to detect the presence of a user, or a weight system to assess the load imposed by the user. A revolving door can also be secured so that rotation only begins following a signal from an integrated access control system. Moreover, this technologically advanced door allows bi-directional traffic, allowing authorized users to enter and leave a building simultaneously. Thus, the increasing security threat will drive the need for an integrated security environment in commercial, industrial, and residential spaces and eventually act as the key trend in the revolving doors market.

Key Market Segments

Based on product type, the three wings segment accounted for the largest share of the North America revolving doors market in 2020. Based on operation type, the manual segment accounted for the largest share of the North America revolving doors market in 2020. Based on application, the commercial segment accounted for the largest share of the North America 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 North America 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; Tormax USA Inc.; Stanley Access Technologies LLC; Royal Boon Edam International; Manusa; Kone Ojy; Horton Automatics Inc.; and Dormakaba Holding AG.

Reasons to buy report

• To understand the North America revolving doors market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for North America revolving doors market
• Efficiently plan M&A and partnership deals in North America revolving doors market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America revolving doors market
• Obtain market revenue forecast for market by various segments from 2019-2028 in North America region.

North America Revolving Doors Market Segmentation

North America Revolving Doors Market – By Product Type

• Three Wings
• Four Wings

North America Revolving Doors Market – By Operation Type

• Manual
• Automatic

North America Revolving Doors Market – By Application

• Commercial
• Industrial

North America Revolving Doors Market – By Country

• US
• Canada
• Mexico

North America Revolving Doors Market – Company Profiles

• Assa Abloy AB
• Tormax USA Inc.
• Stanley Access Technologies LLC
• Royal Boon Edam International
• Manusa
• Kone Ojy
• Horton Automatics Inc.
• Dormakaba Holding AG