Global Security Door Market Overview:
Security Door is a range of measures used to strengthen doors against door breaching, Ram-raiding and lock picking, and prevent crimes like burglary and home invasions. Door security is used in commercial and government buildings, as well as residential settings. Security Doors are made up of different materials. Nowadays, Security doors become major priorities in many regions in the world. As the incidence of crime is extremely increased from past decades. The majority of burglars enter the house through the window and doors. Hence security doors having strong growth potential in the future. Some of the key players profiled in the study are Larson Manufacturing (United States), Grisham (United States), Precision Door (United States), Provia (United States), Andersen Corporation (United States), RB (United States), Dierre (Italy), Hormann (Germany), Unique Home Designs (United States), Shield Security Doors (United Kingdom) and Teckentrup (United States).
On the basis of geography, the market of Security Door has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Security Door market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Steel will boost the Security Door market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Security Concern from Residential Areas
- Increasing Crime Rates in Developed Regions
- Armored Steel Doors
- Technology Advancement
- Increasing Installations of Sliding Security Doors in Sydney
- High Growth Opportunity Due To Increase Adoption of Smart Security Doors
- High Installation Cost
- Steel Security Doors Are Affected To Rust and Corrosion over Time
Major Market Developments:
In Dec 2018, OpenGate Capital announced the acquisition of Gunnebo Group and renamed that Fichet Security Solutions. This has two production sites and 12 sales branches in France and the sales office in Luxembourg and Belgium. This offers products and services across electronic security, security doors, and others.
In Feb 2019, Dynamic Closure announced the new series of side folding security closure for commercial and public spaces. This design combines wider panels of Elite Classic.
High focus on providing technology advance doors to customers in order to remain competitive. This industry seeing more niche players coming up rather than traditional players. To provide the best services to the customers, companies are spending more on organic and inorganic growth strategies such as product expansion and merger & acquisition.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Security Door Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Security Door market on the basis of product [Single Door, One & Half Leaf Door and Double Door] , application [Shops, Homes and Offices], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Security Door market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Security Door industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Skydas (Lithuania), RODENBERG Tursysteme (Germany), KINGS (Australia), ASSA ABLOY (United Kingdom), Simto (China) and Buyang (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Security Door market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.