About Hollow Metal Doors
Hollow metal doors are widely used in the commercial and industrial settings, it is made of steel frame with the laminated steel plates fitted both sides. The metal door comes with the mounts for hinges, steel tube, and the electrified lock, etc. for better stability and efficiency. It is weather-resistant and provides durability against extreme temperatures. The hollow metal door consists of various types of the standard core which include the honeycomb, polystyrene, polyurethane, steel stiffened, and mineral core.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. 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.
Ceco Door Products (United States), BARON Metal Industries Inc. (Canada), Beacon Metals & Hardware Inc. (United States), Deansteel Manufacturing Co Inc (United States), DKS Steel Door & Frame System (United States), ASSA ABLOY Group (Sweden), Megamet Industries Inc (Premier Steel) (United States), Eightynine, LLC (United States) and Quality Engineered Products Co. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hollow Metal Doors market by Type (Flush Hollow Metal Doors, Hollow Metal Doors with Windows, Paneled Hollow Metal Doors and Others), Application (Residential, Commercial & Institutional and Industrial) and Region.
On the basis of geography, the market of Hollow Metal 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 Distribution Channel, the sub-segment i.e. Offline will boost the Hollow Metal Doors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Standard Core, the sub-segment i.e. Honeycomb will boost the Hollow Metal Doors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Hollow Metal Doors in Various Designs and Pattern
Market Growth Drivers:
Growing Construction and Building Industry Around the Globe and Demand for the Extreme Weather Resistant and Durable Doors in Residential, Commercial and Industrial Applications
Challenges:
High Cost Associated with the Hollow Metal Doors
Restraints:
Low-Quality Material Used in the Production of Hollow Metal Doors
Opportunities:
Increasing Online Availability of Hollow Metal Doors and Technological Advancement in the Hollow Metal Doors
Market Leaders and their expansionary development strategies
On 24th March 2020, ASSA ABLOY Brands Ceco Door and Curries Launch Ultralightweight Bullet-Resistant Door and Frame System. Steel door and frame brands Ceco Door and Curries developed an ultralightweight bullet-resistant door tested and certified to meet the National Institute of Justice (NIJ) and UL-752 performance criteria. The UltraLight UL8 Bullet Resistant door and frame system is less than half the weight of a traditional bullet-resistant door and has excellent multihit and non-ricochet characteristics.
On 5th October 2020, OpenGate Capital, a global private equity firm, announced that Premier Steel Doors and Frames, a leading manufacturer of hollow metal doors and frames, has acquired MegaMet Industries, a manufacturer of customized acoustic, blast-proof, and other specialty hollow metal doors, from a private seller. Terms of the transaction were not disclosed.
Key Target Audience
Hollow Metal Doors Manufacturers, Hollow Metal Doors International Traders, Hollow Metal Doors Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies 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.