NEW YORK, United States, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Hardware Products Of Doors & Windows Market By Material (Plastic, Metal, Glass, Wood, And Others), By Type (Premium Products And Affordable Products), By Application (Industrial, Residential, And Commercial), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the global Hardware Products of Doors & Windows Market size was valued at approximately USD 23.15 billion in 2022. The market is expected to grow at a CAGR of 5.80% and is anticipated to reach a value of USD 36.42 billion by 2030.”
Hardware Products of Doors & Windows Market Overview:
Hardware product of doors and windows refers to all the rigid and durable tools used to make a window or door secure, functional, aesthetically appealing, safe, and durable. The hardware products of doors & windows industry produces and distributes hardware items such as door sweeps and bottom seals, door hinges, door locks, door closers, bolts & latches, window locks, window hinges, door viewers, window grills & bars, threshold & sills, weatherstripping, and all other items used by the building & construction industry to install secure windows and doors. These two units are considered a crucial investment in a mixed-use building with residential, commercial, and industrial spaces. Since they have more than a few roles to perform.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historic and Forecast Growth, Porter's 5 Forces Analysis
- Zion Market Research Methodology
Report Scope:
| Report Attribute | Report Details |
| Market Size in 2022 | USD 23.15 Billion |
| Market Forecast in 2030 | USD 36.42 Billion |
| Growth Rate | CAGR of 5.80% |
| Base Year | 2022 |
| Forecast Years | 2023- 2030 |
| Key Companies Covered | Dormakaba, Assa Abloy, Andersen Corporation, Allegion, Stanley Black & Decker, Yale, Roto Frank AG, Schlage, SIEGENIA Group, Pella Corporation, Masonite International, Marvin Windows and Doors, HOPPE AG, Emtek Products Inc., Jeld-Wen., and others. |
| Segments Covered | By Material, By Type, By Application, and By Region |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
Key Insights from Primary Research
- The hardware products of doors & windows market is projected to grow at a significant rate due to the rising construction of commercial establishments
- Based on material segmentation, metal was predicted to show maximum market share in the year 2022
- Based on application segmentation, commercial was the leading segment in 2022
- On the basis of region, Asia-Pacific was the leading revenue generator in 2022
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Hardware Products of Doors & Windows Market: Growth Drivers
- Rising construction of commercial establishments to drive market growth
The global hardware products of doors & windows market are anticipated to expand due to the rising construction rate of commercial establishments. This includes restaurants, cafes, hotels, retail malls, recreation centers, fitness centers & gyms, office buildings, spas & salons, among other establishments. These units require exceptionally high-performing door and window fixtures. Throughout the day, door handles are utilized for entry and departure. These handles must be nonslippery and able to withstand the pressure exerted on them every day for years.
- Growing investments in automated doors & windows to push the market demand further
A market segment for automated or intelligent entrances and windows is expanding. For instance, malls, recreation centers, and opulent buildings and apartments have smart doors and windows that operate via remote control or sensory technology. These doors and windows have specific hardware requirements that are more expensive than traditional hardware items, resulting in higher revenue for the doors & windows hardware products industry.
Hardware Products of Doors & Windows Market: Segmentation
The global hardware products of doors & windows market is segmented based on material, type, application, and region.
Based on material, the global market segments are plastic, metal, glass, wood, and others. In 2022, the highest demand was observed for metal-based doors and window hardware products. Aluminum and steel are two of the most widely used materials to manufacture door locks, hinges, frames, and other essential components. Based on type, the hardware products of doors & windows industry divisions are premium products and affordable products.
Based on application, the global market divisions are industrial, residential, and commercial. The highest revenue generators are residential and commercial with the latter leading with a slight margin. Growth in the residential sector is owed to increased redevelopment projects related to the residential sector.
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Regional Analysis:
- Asia-Pacific to garner the highest results during the assessment period
The global hardware products of doors & windows market is expected to witness the highest growth in Asia-Pacific with China, India, Japan, South Korea, Singapore, and Australia leading with the highest margins. Asia-Pacific has maintained its dominance over the years due to the increasing number of commercial establishments and the presence of major manufacturers or suppliers of door and window hardware.
China is home to approximately five of the world's ten tallest structures. The residential sector is the largest buyer of hardware products because China and India are experiencing an increase in housing demand due to their expanding populations. Other factors, such as the increased demand for energy efficiency in commercial, residential, and industrial centers, are likely to create growth opportunities for hardware solutions of the twenty-first century.
Competitive Players:
The report contains qualitative and quantitative research on the global Hardware Products of Doors & Windows market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global Hardware Products of Doors & Windows market include;
- Dormakaba
- Assa Abloy
- Andersen Corporation
- Allegion
- Stanley Black & Decker
- Yale
- Roto Frank AG
- Schlage
- SIEGENIA Group
- Pella Corporation
- Masonite International
- Marvin Windows and Doors
- HOPPE AG
- Emtek Products Inc.
- Jeld-Wen
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The global Hardware Products of Doors & Windows market is segmented as follows:
By Material
- Plastic
- Metal
- Glass
- Wood
- Others
By Type
- Premium Products
- Affordable Products
By Application
- Industrial
- Residential
- Commercial
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key questions answered in this report:
- What is the market size and growth rate forecast for Hardware Products of Doors & Windows industry?
- What are the main driving factors propelling the Hardware Products of Doors & Windows Market forward?
- What are the leading companies in the Hardware Products of Doors & Windows Industry?
- What segments does the Hardware Products of Doors & Windows Market cover?
- How can I receive a free copy of the Hardware Products of Doors & Windows Market sample report and company profiles?
Key Offerings:
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market
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