QYResearch: Global High Speed Doors market size will reach to about 965.4 million USD by 2022

QYResearch: Global High Speed Doors market size will reach to about 965.4 million USD by 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch • High 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. www.qyresearch.com

QYResearch • Consumption of High Speed Doors increased from 136547 sets in 2012 to 177165 sets in 2017 globally, registering a Compounded Annual Growth Rate (CAGR) of 5.35% during the analyzed period, 2012-2017.

• Asia-Pacific ranks the first in terms of production volume of High Speed Doors, consists 38.85% of the global market in 2016; North America and Europe comes the second and the third places, consists of 25.61% and 26.11% of the global market respectively in the same year.

• Hormann, ASSA ABLOY and Rytec are the top three manufacturers in Global high speed door market, all three together consist of approximately 24.41% of the global market share. Other prominent players include ASI Doors, Efaflex, Chase Doors, PerforMax Global and etc., the market is not so concentrated, and the competition is going to be more intense. www.qyresearch.com

QYResearch In the next five years, the global consumption of High Speed Doors will show upward tendency further, consumption is expected to be about 228865 sets by 2022. According to QYResearch, Global High Speed Doors market size will reach to about 965.4 million USD by 2022, registering a Compounded Annual Growth Rate (CAGR) of 5.05% during the analyzed period, 2017-2022. Despite the presence of fierce competition and the trend of price decrease, due to the stable demand and the fact that the downstream application types may broaden in the future, together with the development of the related industries. Investors are quite optimistic about this industry. There will be more new investors entering this field in the near future.

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