What is the market demand for industrial sliding doors?
What is the market demand for industrial sliding doors?
Analysis of the market demand for industrial sliding doors
As an important part of modern logistics warehouses and factory workshops, the demand for industrial sliding doors has surged in recent years with the booming logistics industry. The following is a detailed analysis of the market demand for industrial sliding doors:
1. Global market growth trend
Globally, the demand for electric industrial sliding doors has increased significantly in the past few years, and the market size is expected to reach approximately US$7.15 billion by 2024, with a compound annual growth rate of 6.3%. This growth trend is mainly driven by the need for automation to improve efficiency, the promotion of Industry 4.0, and the increasing emphasis on energy efficiency and sustainability.
2. Technological progress and demand for intelligent automation
With the advent of the Industrial 4.0 era and the unremitting pursuit of improving production efficiency, manufacturers have significantly increased their demand for automation and intelligent solutions. As one of the key components to improve the operational efficiency of places such as warehousing and logistics centers, electric industrial sliding doors have become increasingly prominent in terms of integrated automation control systems
3. Sustainable development and energy efficiency demand
The increasing global awareness of energy conservation and emission reduction has made the use of low-energy and high-efficiency equipment an industry consensus. Electric industrial sliding doors can effectively reduce energy consumption and operating costs due to their advanced drive system and energy-saving characteristics, catering to changes in market demand
4. Regional market analysis
In terms of geographical distribution, the sliding door market is mainly concentrated in the eastern coastal areas and first-tier cities, where the industrialization level is high and the market demand is strong. With the advancement of industrialization and urbanization in the central and western regions, the market size in these regions is also expanding
5. Product type demand
In terms of product type, steel sliding doors and aluminum alloy sliding doors are the two most popular categories in the market, occupying a dominant position in the market. Steel sliding doors are favored by industrial users for their durability and low price; aluminum alloy sliding doors are widely used in commercial and residential fields for their lightness, beauty and corrosion resistance
6. China’s market growth trend
The scale of China’s industrial sliding door market has shown a steady growth trend in the past few years. According to market research data, the market size grew at an average annual compound growth rate (CAGR) of more than 10% between 2016 and 2020. The growth of the market size is due to the improvement of industrial automation, the acceleration of urbanization and the increase in market demand brought about by consumption upgrading
7. Future development trends
It is expected that the Chinese sliding door market will maintain steady growth in the next five years. It is expected that the market size will grow at a compound annual growth rate (CAGR) of about 12% from 2021 to 2026
In summary, the demand for industrial sliding doors continues to grow globally, especially in Asia and Africa, and the growth of the Chinese market is particularly significant. Technological progress, the need for sustainable development and the expansion of regional markets are the main factors driving market demand. With the continuous advancement of technology and further development of the market, the industrial sliding door industry is expected to continue to maintain its growth momentum.