Global Door Closer Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Door Closer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027" report has been recently generated by MarketResearch.biz, and offers in-depth insights, revenue details, and other vital information regarding the global door closer market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global door closer market report has been segmented on the basis of product type, end-users, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Door closer is an hydraulic device which can be used for automatically closing a door. Door closers are commonly used as a fire prevention measure, typically installed on fire doors, as well as helping to prevent draughts. They are available in all price ranges, including budget models as well as more expensive ones and can be fitted to different door types including manual, automatic, and electromagnetic open/shut swing varieties doors.
Increasing disposable income coupled with changing lifestyle are the major factors expected to drive growth of the global market. In addition, increasing investment in home automation solutions coupled with changing consumer shift towards connected devices is other factor expected to drive growth of the global door closer market. Also, the major reason that drives the market is increasing security concerns across various regions, which is mandating the need for the installation of such high-security door closer systems at residential and commercial spaces. Recent trend shows that, increase in R&D investments have realized huge potential in the door closers and pushing manufacturers to focus on innovative door closers to satisfy consumers. Customers are increasingly demanding door closers with innovative designs and looks to enhance their homes. However, lack of product differentiation acting as a restraining factor for growth of the door closer market.
North America market is accounts for highest revenue share in the global door closer market over the forecast period, owing to strong home automation industry and people are willing to spend high on home automation solutions in the region. Due to various benefits such as reduced energy consumption, carbon footprint, high security, and low operating costs, the recent years witnessed a rise in the adoption of intelligent building management systems in both commercial and residential spaces. Furthermore, Asia Pacific market is holding a second highest revenue share in the global door closer market, due to increasing disposable income level in the emerging countries. Additionally, growth in urban population across the globe, especially in countries such as China and India, will result in a rise in constructional activities, which will also aid in increasing demand for door closers.
According to current regulations such as Regulatory Reform (Fire Safety) Order: 2005, Regulation 38 of the Building Regulations (England and Wales), etc., door closers should be fitted onto any fire doors, to ensure that they always close correctly after opening, unless the fire door only opens into a cupboard.
Global Door Closer Market Segmentation:
By Product type:
- Automatic door closers
- Manual door closers
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2027 Revenue in US$
- Stanley Security Solutions, Inc.
- ASSA ABLOY Group
- Cal-Royal Products, Inc.
- Allegion plc
- Oubao Security Technology Co., Ltd.
- Suzhou Fuerda Industry Co., Ltd.
- Ozone Overseas Pvt. Ltd
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