Global Speed Doors Market Will Grow at a CAGR 4.6% and Reach USD 670 Million by 2023, from USD 510 Million in 2017
New Global Speed Doors Market Report Covers market forecast and top Companies like Top Hormann, Rite-Hite, ASI Doors, Rytec, ASSA ABLOY and others.
Lewes, DE -- (SBWire) -- 07/27/2018 --Speed Doors market will register a 4.6% CAGR in terms of revenue, reach US$ 670 million by 2023, from US$ 510 million in 2017.
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.
In North America, the Door and Access Systems Manufacturing Association (DASMA) defines high-performance doors as non-residential, powered doors, characterized by rolling, folding, sliding or swinging action, that are either high-cycle (minimum 100 cycles/day) or high-speed (minimum 20 inches(508 mm)/second), this report focuses on high-speed doors only.
High strains, caused by the high operating speed (up to 4 m/s) and the frequency of openings, have to be taken into account during construction. In the same way, basic conditions like size and installation location add up to considerable requirements regarding safety and control technique.
Europe ranks the first in terms of production volume of speed doors, consists 27.22% of the global market in 2015; North America and China comes the second and the third places, consists of 25.57% and 18.13% of the global market respectively in the same year.
Efaflex is the biggest manufacturer of speed doors, occupies 10.27% of the global market share in 2015; While, ASSA ABLOY, with a market share of 7.57%, comes the second; Hormann ranks the third globally. All three together consist of approximately 24.87% of the global market.
Over the next five years,study projects that Speed Doors will register a 4.6% CAGR in terms of revenue, reach US$ 670 million by 2023, from US$ 510 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Hormann
Rite-Hite
ASI Doors
Rytec
ASSA ABLOY
Chase Doors
PerforMax Global
TNR Doors
TMI, LLC
Dortek Ltd.
Efaflex
Angel Mir
HAG
Hart Doors
JDooor
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Rolling Doors
Folding Doors
Sliding Doors
Swinging Doors
Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Large Exterior Openings
Pharmaceutical Environment
Food & Drink Industry
Warehouse and Loading Bays
Others
Spanning over 141 pages "Forecast of Global Speed Doors Market 2023" report covers Speed Doors Market Overview, Global Speed Doors Sales, Revenue (Value) and Market Share by Players, Global Speed Doors Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Speed Doors Sales, Revenue and Price, Europe Top 5 Players Speed Doors Sales, Revenue and Price, Asia-Pacific Top 5 Players Speed Doors Sales, Revenue and Price, South America Top 5 Players Speed Doors Sales, Revenue and Price, Middle East & Africa Top 5 Players Speed Doors Sales, Revenue and Price, Global Speed Doors Players Profiles/Analysis, Global Speed Doors Market Forecast (2018-2023), Speed Doors Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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