High performance doors are industrial doors that are extremely durable, operational, and energy efficient. They improve security and help reduce operational costs by minimizing heat or cool air loss when the doors are closed. High performance doors are used across various commercial buildings like airports, manufacturing facilities, warehouses, and shopping malls.
The global High Performance Doors Market is estimated to be valued at US$ 4.28 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Growing energy efficiency requirements across various industrial and commercial sectors are expected to drive the demand for high performance doors over the forecast period. High performance doors have advanced sealing systems that help reduce energy loss through openings by up to 40%. They automatically sense traffic and adjust operations accordingly to optimize energy usage. Government regulations in many countries mandate enhanced energy efficiency standards for buildings. This is prompting many owners and facility managers to upgrade conventional entryway solutions to high performance door systems. For instance, ASHRAE building energy codes in the U.S. have become more stringent over the years which is positively impacting the high performance doors market.
Segment Analysis
The global high performance doors market is dominated by the roller doors segment. Roller doors are preferred over other door types due to their space efficiency and ability to operate at high speeds. They roll up into a compact cylinder above the door opening, thus maximizing useable floor space. This makes them an ideal solution for applications with limited space like warehouses and loading bays. Roller doors have good sealing properties and provide better resistance against dust, noise, temperature variations and weather elements compared to conventional doors. Their automated operation at high speeds allows uninterrupted movement of commercial vehicles and material handling equipment.
Key Takeaways
The global High Performance Doors Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market is projected to grow at a CAGR of 5.9% during this period and reach a value of US$ 4.28 Bn by 2030.
Regional analysis: The Asia Pacific region currently dominates the global high performance doors market and is expected to maintain its lead through the forecast years as well. Rapid industrialization and growth of the warehousing and logistics sectors in China, India and other Southeast Asian countries is driving demand for high performance doors in this region. Growing international trade activities have boosted the need for efficient material and vehicle movement at ports, terminals and cargo facilities, thus fueling market growth.
Key players analysis: Key players operating in the high performance doors market are Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple Inc., ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company, MariCare Oy and Origin Wireless. These companies enjoy a prominent presence across major regional markets and offer a wide range of high performance doors tailored for various industrial applications like manufacturing, logistics and transportation hubs. Their focus on product innovation and integrating latest technologies like automated operation, vision panels and safety sensors has helped strengthen their market positions.
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