Global Door Closer and Export Equipment Market by Revenue

2021-11-13 07:51:50 By : Ms. Snow Wang

April 8, 2021 04:32 ET | Source: ReportLinker ReportLinker

New York, April 8, 2021 (GLOBE NEWSWIRE) - announced the release of the "Door Closer and Export Equipment Market-2021-2026 Global Outlook and Forecast" report- /?utm_source=GNW 5% for 2020-2026. The global door market is witnessing constant innovation. The growing demand for better technical features and efficient products is driving market growth. Major suppliers in the market have been adopting innovative features to keep up with changing regulations and consumer demand, thereby influencing the adoption of door closers and export equipment during the forecast period. The equipment they manufacture meets the recently updated BS8300 standard for low opening force, CE marking and fire protection regulations. The introduction of CAM-Motion technology, combined with an integrated damping device, allows the door to close quietly, safely and securely at an adjustable speed, maintaining the safety and quietness of the door closing technology. These technologies are ideal for hotels, healthcare, education, commercial and government buildings. Suppliers provide electric shocks, electromagnetic locks, and access control components in their products. ASSA ABLOY electronic security hardware is designed to provide innovation, strength, durability, quality and a trouble-free warranty. They provide contactless products for hands-free access control and export. Therefore, it is expected that more and more inventions and innovative designs will contribute to the development of the global door closer and export equipment market. The following factors may promote the growth of the door closers and export equipment market during the forecast period: • Functional enhancements and product innovations • Strong demand in emerging economies • Preference for integrated door closers • Real estate and construction market growth studies considered The current status of the door closer and export equipment market and its market dynamics from 2020 to 2026. It provides a detailed overview of several market growth drivers, constraints and trends. The report provides two aspects of market demand and supply. It introduces and examines leading companies and other well-known companies operating in the market. Global door closers and export equipment market segmentation The global door closers and export equipment market research report includes detailed segmentation by product, end user, and geographic location. Door closers are relatively familiar products and are used in most emerging economies. Favorable government frameworks, strict building codes, panic and fire emergency policies, the recovery of construction and tourism, and the renovation boom in Asia-Pacific countries are some of the factors that can accelerate the adoption of door closers in the next five years. In 2020, North America will dominate the market with a market share of 68%. As the installation of light and elegant doors becomes more and more popular, the development of integrated door closers will drive development momentum in the coming years. The availability of heavy-duty pneumatic door closers is expected to increase the share of hydraulic doors. The rapid growth of the global commercial real estate market in 2019 was mainly supported by the growth of global investment. Commercial real estate mainly refers to commercial properties such as retail stores, shopping malls, corporate office buildings, hotels, restaurants, and business parks. However, due to the outbreak of the COVID-19 pandemic, the market will decline in 2020. Since door closers are an indispensable part of the hotel industry, the rapid growth of the global hotel industry is expected to support the growth of the global door closer market during the forecast period. In the corporate environment, door closers have higher security, access solutions and protection features. The increase in the installation of door closers and export equipment in office buildings, business parks and workplaces may affect market growth. Products • Door closers o Type mechanical electromechanics o Pressure hydraulic pneumatic o Operation overhead floor spring integration o Export device type Rim Vertical rod Mortise Mullion Design Touch Bar Crossbar Overall end user • Commercial o Hotel o Enterprise o Medical o Government facility o Educational institution o Others • Residential insights by region The North American door closer and export equipment market is driven by the increase in renovation projects and the renovation of existing commercial and residential units. North America accounts for the largest consumer spending in the world. Lifestyle changes, a high degree of social interaction, technological development and innovative design mainly promote residential and commercial decoration. In addition, increasing employee productivity and satisfaction are triggering transformations or renovations in the business sector. The growth of tourism has also promoted the renovation of hotels and hospitality industries. Infrastructure investment in commercial venues such as schools, hospitals, hotels, retail stores and shopping malls is creating opportunities for the North American market. However, the impact of the 2020 COVID-19 pandemic has weakened the optimism of construction and economic growth. Between April and June 2020, the U.S. economy also shrank at an annual rate of more than 32%, which was one of the most significant declines in history. Geography • North America o United States o Canada • Europe o United Kingdom o Germany o France o Italy o Spain o Asia Pacific o China o Japan o South Korea o India o Australia • Latin America o Brazil o Mexico • Middle East and Africa o Saudi Arabia o UAE suppliers Strategic pricing, customized product portfolios, mergers and acquisitions, and digital integration are key factors that determine the success of suppliers in the global door closer and export equipment market. ASSA ABLOY, dormakaba, Allegion, GEZE and Gretsch-Unitas are the main suppliers on the market. ASSA ABLOY has introduced innovative features, such as CAM-Motion technology, which incorporates an integrated damping device that can close the door quietly, safely and reliably at an adjustable speed. It is expected that during the forecast period, several global players will expand their influence in the fast-growing economies in the Asia-Pacific region, the Middle East and Africa, and Latin America through mergers and acquisitions. Famous suppliers • ASSA ABLOY • Allegion • Dormakaba • GEZE Gmbh • ISEO Other famous suppliers • Gretsch-Unitas GmbH • Hager Group • Dom • Lawrence Hardware • Dynasty Hardware • Wright Products • Dorence Industries • Tell Manufacturing • Cal-Royal Products • Godrej • Opel Security Technology • Su Zhao Fuld Industrial Co., Ltd. • August Bremicker und Sohne KG • Guangdong Arch Hardware • CR Laurance • Deltana Enterprises • Kason Industries • Rejuvenation • Prime-Line • Ryobi • Detex Corporation • Thase Enterprise • Securefast plc • Hangzhou Guardson Hardware•Fapim Key Questions Answered 1. How big is the global door closer market? 2. What is the growth rate of the global door closer market 3. Which market segments may dominate the door closer and export equipment market share? 4. During the forecast period, which end-user market segment is likely to generate the most revenue? 5. What is the growth of the North American door closer and export equipment market? 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