PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403419
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403419
Lift Doors Market Forecasts to 2030 - Global Analysis By Type (Telescopic Door, Swing Door, Automatic Door, Swing Door, Collapsible Door, Imperforated Door and Other Types), Material, Application and By Geography
According to Stratistics MRC, the Global Lift Doors Market is accounted for $48.9 billion in 2023 and is expected to reach $104.1 billion by 2030 growing at a CAGR of 11.4% during the forecast period. The panels that open and close to provide access to an elevator or lift are called lift doors, often referred to as elevator doors. Usually constructed of metal, its purpose is to allow passengers to enter and exit the elevator vehicle safely and securely. These doors typically slide open vertically or horizontally and are fitted with sensors to guarantee safe passage without entangling anybody or anything.
Market Dynamics:
Driver:
Rising demand from construction industry
Construction activities in the residential, commercial, and industrial sectors are strongly associated with the need for lift doors. Lift doors are an important component of building accessibility, safety, and usefulness in the construction industry. Ensuring smooth and secure vertical transit within structures necessitates careful consideration of many elements during their design, installation, and maintenance. They are in greater demand as a result of urbanization and population increase, which frequently necessitate the construction of new buildings with elevators.
Restraint:
Safety concerns
Lift doors malfunction, trapping items or body parts, closing too rapidly or suddenly, or not closing fully before the lift travels, all of which can result in mishaps or injuries. They close quickly, which might hurt anyone getting in or out of the lift if they're not fast enough or if the sensors aren't working properly. Fast-closing doors might be dangerous, particularly for those with impairments or mobility problems, as well as for little children who might not be able to move quickly enough to safely escape or enter the elevator. The market's expansion is being hindered by these issues.
Opportunity:
Technological advancements
Innovation is essential to the lift door industry. Lift doors are becoming more secure, effective, and visually beautiful because to developments in automation, materials, and sensor technologies. Smart technology is being included into modern elevator doors to provide predictive maintenance, remote monitoring, and increased efficiency. These technologies improve safety by minimizing downtime and identifying problems early on. These aspects are driving the market's expansion.
Threat:
High installation cost
Lift door installation and maintenance may be costly, particularly in big buildings or when handling intricate lift systems. Lift door installation is somewhat expensive initially, particularly for homes or companies with limited funds. Financial resources may be strained, affecting budgets and other planned initiatives. To guarantee optimal performance, nevertheless, they need to be maintained on a regular basis. These factors are limiting the market's expansion.
COVID-19 Impact:
COVID-19 prompted a significant shift in how people interact with everyday objects, including lift doors. The pandemic highlighted the potential for surface transmission, leading to increased concerns about touching commonly used surfaces like lift buttons and doors. As a result, there was a surge in demand for touchless technologies such as automatic or sensor-operated lift doors to minimize direct contact. This heightened awareness reshaped the approach to lift design and maintenance, emphasizing hygiene and touchless operation.
The telescopic door segment is expected to be the largest during the forecast period
The telescopic door segment is expected to be the largest during the forecast period. Telescopic doors are perfect for locations where swinging doors would not be feasible owing to space constraints since they glide open instead of swinging out. To lower the possibility of mishaps or injuries, these doors are equipped with safety features such sensors that identify obstacles and stop the doors from shutting. Over time, they require less maintenance since they are designed to endure heavy use and are often more robust than regular swing doors.
The aluminum segment is expected to have the highest CAGR during the forecast period
The aluminum segment is expected to have the highest CAGR during the forecast period. Aluminum resists corrosion by nature, especially when exposed to moisture or different weather conditions. This can save maintenance expenses and increase the lift's lifespan. Its extreme malleability makes it possible to create intricate forms and shapes, which are useful when creating unique lift components and maximizing both usefulness and space.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to high level of urbanization, with many cities and metropolitan areas constantly expanding. High-rise residential and commercial buildings are being built as a result of urbanization, and automated lift doors are crucial to the effective and secure operation of vertical transportation in these structures. The region's high emphasis on safety standards and regulations has an influence on lift door design and installation.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period owing to experiencing unprecedented levels of urbanization, with a growing number of people moving to cities. This urbanization trend has led to a growth in the development of residential, commercial, and industrial buildings, which has created a large need for automated lift doors in this area. The need for automated lift doors is driven by the construction of high-rise buildings, commercial malls, hotels, and residential complexes, since they are an essential part of vertical transit.
Key players in the market:
Some of the key players in Lift Doors market include Wittur, Columbia Elevator, Garaventa Lift, Koleshvari Steel Industries, Wings Elevator & Engineering, Shiv Shakti Industries, Schindler Group, Otis Elevator Company, Fermator Group, Sematic Group, Shanghai Techwin Elevator, Cedes AG, Ningbo Shenling Elevator Parts, Mitsubishi Electric Corporation and TK Elevator.
Key Developments:
In May 2023, TK Elevator launches new-generation AGILE Destination Control kiosks. TK Elevator's industry-leading AGILE solution was designed to ensure ultimate passenger experiences in complex mixed-use projects and buildings with varying traffic patterns.
In September 2022, Columbia Elevator and US Door Equipment Corp. (USDE), a Fermator company, have entered into a strategic partnership to provide the new construction and modernization segments of the North American elevator market with complete automatic door systems.
Types Covered:
- Telescopic Door
- Swing Door
- Automatic Door
- Swing Door
- Collapsible Door
- Imperforated Door
- Other Types
Materials Covered:
- Steel
- Aluminum
- Glass
- Other Materials
Applications Covered:
- Residential
- Commercial
- Industrial
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.7 Application Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Lift Doors Market, By Type
- 5.1 Introduction
- 5.2 Telescopic Door
- 5.3 Swing Door
- 5.4 Automatic Door
- 5.5 Swing Door
- 5.6 Collapsible Door
- 5.7 Imperforated Door
- 5.8 Other Types
6 Global Lift Doors Market, By Material
- 6.1 Introduction
- 6.2 Steel
- 6.3 Aluminum
- 6.4 Glass
- 6.5 Other Materials
7 Global Lift Doors Market, By Application
- 7.1 Introduction
- 7.2 Residential
- 7.3 Commercial
- 7.4 Industrial
- 7.5 Other Applications
8 Global Lift Doors Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Wittur
- 10.2 Columbia Elevator
- 10.3 Garaventa Lift
- 10.4 Koleshvari Steel Industries
- 10.5 Wings Elevator & Engineering
- 10.6 Shiv Shakti Industries
- 10.7 Schindler Group
- 10.8 Otis Elevator Company
- 10.9 Fermator Group
- 10.10 Sematic Group
- 10.11 Shanghai Techwin Elevator
- 10.12 Cedes AG
- 10.13 Ningbo Shenling Elevator Parts
- 10.14 Mitsubishi Electric Corporation
- 10.15 TK Elevator
List of Tables
- Table 1 Global Lift Doors Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 4 Global Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 5 Global Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 6 Global Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 7 Global Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 8 Global Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 9 Global Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 10 Global Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 11 Global Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 12 Global Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 13 Global Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 14 Global Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 15 Global Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 16 Global Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 17 Global Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 18 Global Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 19 Global Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 20 North America Lift Doors Market Outlook, By Country (2021-2030) ($MN)
- Table 21 North America Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 22 North America Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 23 North America Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 24 North America Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 25 North America Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 26 North America Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 27 North America Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 28 North America Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 29 North America Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 30 North America Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 31 North America Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 32 North America Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 33 North America Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 34 North America Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 35 North America Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 36 North America Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 37 North America Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 38 North America Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 39 Europe Lift Doors Market Outlook, By Country (2021-2030) ($MN)
- Table 40 Europe Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 41 Europe Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 42 Europe Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 43 Europe Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 44 Europe Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 45 Europe Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 46 Europe Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 47 Europe Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 48 Europe Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 49 Europe Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 50 Europe Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 51 Europe Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 52 Europe Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 53 Europe Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 54 Europe Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 55 Europe Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 56 Europe Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 57 Europe Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 58 Asia Pacific Lift Doors Market Outlook, By Country (2021-2030) ($MN)
- Table 59 Asia Pacific Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 60 Asia Pacific Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 61 Asia Pacific Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 62 Asia Pacific Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 63 Asia Pacific Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 64 Asia Pacific Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 65 Asia Pacific Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 66 Asia Pacific Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 67 Asia Pacific Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 68 Asia Pacific Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 69 Asia Pacific Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 70 Asia Pacific Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 71 Asia Pacific Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 72 Asia Pacific Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 73 Asia Pacific Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 74 Asia Pacific Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 75 Asia Pacific Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 76 Asia Pacific Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 77 South America Lift Doors Market Outlook, By Country (2021-2030) ($MN)
- Table 78 South America Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 79 South America Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 80 South America Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 81 South America Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 82 South America Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 83 South America Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 84 South America Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 85 South America Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 86 South America Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 87 South America Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 88 South America Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 89 South America Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 90 South America Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 91 South America Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 92 South America Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 93 South America Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 94 South America Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 95 South America Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 96 Middle East & Africa Lift Doors Market Outlook, By Country (2021-2030) ($MN)
- Table 97 Middle East & Africa Lift Doors Market Outlook, By Type (2021-2030) ($MN)
- Table 98 Middle East & Africa Lift Doors Market Outlook, By Telescopic Door (2021-2030) ($MN)
- Table 99 Middle East & Africa Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 100 Middle East & Africa Lift Doors Market Outlook, By Automatic Door (2021-2030) ($MN)
- Table 101 Middle East & Africa Lift Doors Market Outlook, By Swing Door (2021-2030) ($MN)
- Table 102 Middle East & Africa Lift Doors Market Outlook, By Collapsible Door (2021-2030) ($MN)
- Table 103 Middle East & Africa Lift Doors Market Outlook, By Imperforated Door (2021-2030) ($MN)
- Table 104 Middle East & Africa Lift Doors Market Outlook, By Other Types (2021-2030) ($MN)
- Table 105 Middle East & Africa Lift Doors Market Outlook, By Material (2021-2030) ($MN)
- Table 106 Middle East & Africa Lift Doors Market Outlook, By Steel (2021-2030) ($MN)
- Table 107 Middle East & Africa Lift Doors Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 108 Middle East & Africa Lift Doors Market Outlook, By Glass (2021-2030) ($MN)
- Table 109 Middle East & Africa Lift Doors Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 110 Middle East & Africa Lift Doors Market Outlook, By Application (2021-2030) ($MN)
- Table 111 Middle East & Africa Lift Doors Market Outlook, By Residential (2021-2030) ($MN)
- Table 112 Middle East & Africa Lift Doors Market Outlook, By Commercial (2021-2030) ($MN)
- Table 113 Middle East & Africa Lift Doors Market Outlook, By Industrial (2021-2030) ($MN)
- Table 114 Middle East & Africa Lift Doors Market Outlook, By Other Applications (2021-2030) ($MN)
