Global Security Door Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Security Door Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A security door is a specially made door equipped with anti-theft lock that has security protection performance to resist door breaching, ram-raiding and lock picking, and prevent crimes such as burglary and home invasions, it can also help withstand the force of storms and harsh weather.

Market Overview:

The latest research study on the global Security Door market finds that the global Security Door market reached a value of USD 12355.77 million in 2022. It’s expected that the market will achieve USD 19598.21 million by 2028, exhibiting a CAGR of 7.99% during the forecast period.

Supply Chain Challenges

The sudden escalation of Covid-19 has demonstrated the cross-border vulnerability of supply chains, and reactive nature of business continuity plans.The response of enterprises to the spread of Covid-19 has focused on securing their personnel and reviewing supply chains in an attempt to achieve some kind of business continuity. The ever-growing interconnectivity of markets has resulted in complex supply chains spanning jurisdictions and industries, which are currently being savaged by the residual effects of the virus. And as the markets are demonstrating, the economic effects are just beginning.By taking into account high-level considerations such as the jurisdiction and criticality of supply chain links, along with the commensurate scope of due diligence to further understand risk, enterprises can start building the foundation for a dynamic supply chain in order to counteract possible disruption.

Proposal for Security Door Players to Combat Covid-19 Impact

Combination of online and offline sales model. Support online purchase of products, especially during the epidemic to take full advantage of online shopping, provide more convenience, and help grow the business. Understand customers' definition of services (by segment) and how they are changing. Websites are now a major component of service as customers increasingly shop from the safe comfort of their homes and businesses. They want efficient, secure delivery of goods whether they are on the curb, in a store or delivered.

Strength

The security door provides security, protection from intruders and protection from bad weather.Increase in demand for security doors due to an increase in consumer awareness of property security, an increase in income levels, etc.

Weakness

High cost: For consumers, a security door requires a high initial investment including high commodity prices and installation costs.Risk of degradation of protective functions, such as rust or corrosion of materials.

Opportunities

Technological innovation.For manufactures, clarify market segmentation position and differentiate the business, expand new geographic market and brand image.Rise in demand in the downstream market.

Threat

Declining consumer demand for purchases.Fluctuations in the price of raw materials and rising labor costs.Changes in industry standards.The rise of trade protectionism.

Region Overview:

Asia Pacific dominated the Security Door market in 2021, with a market share of 34.26%.

Company Overview

ASSAABLOY, Hormann, Andersen Corporation, Wangli and Buyang are the five key players in the global Security Door market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Security Door market in the past 5 years.

ASSAABLOY

ASSA ABLOY is the global leader in access solutions. Their offering covers products and services related to openings, such as locks, doors, gates and entrance automation solutions. This also includes expertise in controlling identities with keys, cards, tags, mobile and biometric identity verification systems.

Hormann

Hormann is Europe's leading supplier of the market for construction elements, gates, doors, frames and operators. This has been achieved through decades of continuous growth of a family business, which is characterized by innovation, quality guarantee and customer proximity. Today, in addition to the well-known classics, it includes rolling, sliding and high-speed doors, house and interior doors, frames, gate and door drives, fire and smoke protection closures, loading technology as well as automatic sliding door and access control systems.

Segmentation Overview:

Among different product types, Steel segment is anticipated to contribute the largest market share in 2027.

Glass

Glass security doors provide safety features just as doors made from other materials. Residential glass security doors are usually made with shatter-resistant laminated safety glass in a steel or aluminum frame. For commercial doors, bullet-resistant glass made from acrylic polycarbonate and glass-clad polycarbonate are available.

Steel

Steel security doors are usually available in woodgrain textures or smooth steel. Steel is one of the most commonly used materials and is relatively inexpensive. Stainless steel is a naturally corrosion-resistant, hard-wearing, and low maintenance material.

Aluminium Alloy

Aluminum Alloy is one of the best raw materials for security doors because of its high hardness, bright color and resistance to fading and rusting.

Application Overview:

By application, the Office segment occupied the biggest share from 2017 to 2022.

Residentia

l Security doors for residential refer to the forced entrance and supplementary security doors for private homes and apartments.

Office

Security doors could be applied for internal and external applications in office areas which often provide performance- and safety-tested options to fit business’s needs.

Key Companies in the global Security Door market covered in Chapter 3:

RBPrecision DoorAndersen CorporationMexinDierreLarsonASSA ABLOYBuyangWangliUnique Home DesignsSkydasGrishamSimtoProviaHormannShield Security Doors

In Chapter 4 and Chapter 14.2, on the basis of types, the Security Door market from 2018 to 2029 is primarily split into:

GlassSteelAluminium Alloy

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Security Door market from 2018 to 2029 covers:

ResidentialOfficeOthers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)