About Hangar Doors
Hanger doors are the specialized doors for the closed building structure for aircraft. It helps to protect aircraft from sunlight, adverse weather condition, and other factors responsible for decorating aircraft conditions. The hanger doors market has high growth prospects owing to growth in the aviation industry globally. Further, increasing air traffic and technological advancement in the aviation industry propelling market growth. I addition, rising demand from the developing economies expected to drive the demand for hanger doors over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.2% |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Hangar Doors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jewers Doors (United Kingdom), Assa Abloy (Sweden), Butzbach (Germany), Shenyang Baotong Door Co., Ltd. (China), Norco Manufacturing (United States), Miller Edge (United States), Hydroswing (United States), Kopron (Italy) and Powerlift Hydraulic Doors (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Diamond Doors (Canada) and Gandhi Automations Pvt Ltd (India).
Segmentation Overview
AMA Research has segmented the market of Global Hangar Doors market by Type (Hydraulic Hangar Doors, Electric Hangar Doors and Others), Application (Civil Airports, Military Airports and Private Airports) and Region.
On the basis of geography, the market of Hangar Doors 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 Operation, the sub-segment i.e. Sliding will boost the Hangar Doors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in the Hangar Doors and Increasing Application for the Private Applications
Market Growth Drivers:
Growing Aviation Industry Worldwide and Increasing Number of Commercial Aircraft Fleet
Challenges:
Lack of Awareness in the Low and Middle Income Group Countries
Restraints:
Stringent Government Regulations for Aviation Industry and Lack of Skilled Expertise for Safe Operation of Hangar Doors
Opportunities:
Growth in Air Travel and Rising Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In December 2020, ASSA ABLOY acquired Leatherneck Hardware, a specialty door hardware manufacturer headquartered in Danville, Illinois. This acquisition will further support our vision to be the preferred supplier and subcontractor for large openings commonly found in Aviation, Shipyards, Mining, and Heavy Industry.
In October 2019, Door Engineering launched of the Premier Door Hydraulic Door System for aviation applications. This single panel, hydraulic door system is designed to outlast and outperform all other hydraulically operated doors currently on the market. Door Engineering, a brand of Senneca Holdings, will be showcasing this new product at the 2019 NBAA show in Las Vegas, booth number C13436.
“According to the Federal Aviation Administration (FAA), aeronautical uses for hangars include aeronautical facilities that must be used or be available for use for, storage of active aircraft. Final assembly of aircraft under construction. Non-commercial construction of amateur-built or kit-built aircraft. Maintenance, repair, or refurbishment of aircraft, but not the indefinite storage of nonoperational aircraft. Storage of aircraft handling equipment, e.g., towbars, glider tow equipment, workbenches, and tools and materials used in the servicing, maintenance, repair or outfitting of aircraft.”
Key Target Audience
Airline Operators, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies, Others and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.