Global High Speed Doors Market Size study & Forecast, by Type (Rolling Doors, Folding Doors, Swinging Doors, Sliding Doors, Others) by Application (Large Exterior Openings, Pharmaceutical Environment, Food & Drink Industry, Warehouse and Loading Bays, Oth

Global High Speed Doors Market Size study & Forecast, by Type (Rolling Doors, Folding Doors, Swinging Doors, Sliding Doors, Others) by Application (Large Exterior Openings, Pharmaceutical Environment, Food & Drink Industry, Warehouse and Loading Bays, Others) and Regional Analysis, 2023-2030

Global High Speed Doors Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. High speed doors are specialized doors that are designed to open and close quickly, allowing for the quick and efficient movement of people, equipment, and goods. These doors are typically used in industrial, commercial, and institutional settings, where rapid access and energy efficiency are critical factors. The major driving factors for the Global High Speed Doors Market are increasing demand for energy-efficient building solutions and growing adoption of automation and robotics. Moreover, technological advancement and expansion of the logistics industry is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

The growth of the logistics industry, driven by the rise of e-commerce and online shopping, is also fueling demand for high-speed doors that can help facilitate the rapid movement of goods in and out of warehouses, distribution centers, and other facilities. In 2020, Amazon announced that it would be investing USD 1.4 billion in expanding its logistics network in India, including the construction of new warehouses and the deployment of more delivery vehicles. Along with this, in 2021, FedEx announced plans to invest USD 2 billion to achieve carbon-neutral operations by 2040, including investments in alternative fuels, electric vehicles, and sustainable infrastructure. However, the high cost of High-Speed Doors stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global High Speed Doors Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The high-speed doors market in North America is expected to dominating due to the increasing demand for high-speed doors in various industries such as manufacturing, automotive, and healthcare. The United States and Canada are the major contributors to the growth of this market in the region. Asia Pacific high-speed doors market is expected to witness significant growth due to the increasing demand from the manufacturing and logistics industries in countries such as China, Japan, and India. Rapid industrialization and urbanization in the region are also expected to drive the demand for high-speed doors.

Major market player included in this report are:
Hörmann Group
Rite-Hite Holding Corporation
ASI Technologies, Inc.
Rytec Corporation
ASSA ABLOY AB
Chase Industries, Inc.
PerforMax Global
TNR Industrial Doors Inc.
TMI, LLC
Dortek Ltd.

Recent Developments in the Market:
In 2020, Rytec Corporation introduced a new high-speed, high-cycle door designed specifically for the cold storage and food processing industries. The door features an innovative insulation system that helps maintain temperature control and improve energy efficiency.
In 2021, ASSA ABLOY introduced a new line of high-speed doors designed for industrial and commercial applications, including warehouses, manufacturing facilities, and distribution centers. The doors feature advanced automation and safety systems, as well as customizable options to meet the specific needs of each customer.

Global High Speed Doors Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
 Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Rolling Doors
Folding Doors
Swinging Doors
Sliding Doors
Others
By Application:
Large Exterior Openings
Pharmaceutical Environment
Food & Drink Industry
Warehouse and Loading Bays
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned

Hörmann Group
Rite-Hite Holding Corporation
ASI Technologies, Inc.
Rytec Corporation
ASSA ABLOY AB
Chase Industries, Inc.
PerforMax Global
TNR Industrial Doors Inc.
TMI, LLC
Dortek Ltd.

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