The global architectural hardware market was valued at $15,960 million in 2018, and is projected to reach $23,271 million by 2026, growing at a CAGR of 6.8% from 2019 to 2026. The architectural hardware refers to the hardware components used in doors, windows, railings, and others. The architectural hardware includes pull handles, lever handles, door stoppers, door guards, door viewers, flush bolts, door signage, door seals, door controllers, panic exit devices, window friction hinges, bolt systems, patch fittings, point fittings, glass door locks, shower fittings, and accessories.
The surge in industrial activity across major economies drives the demand for architectural hardware such as lever handles, door guards, and security locks, thereby boosting the growth of the architectural hardware market. LAMEA is anticipated to experience rapid growth in the architectural hardware market due to increase in demand for repair activities in old infrastructure, and rapid urbanization. Countries such as China, India, Japan, the U.S, and Germany, are expected to be the key demand areas, which support the overall growth of the architectural hardware market. However, increase in prices of raw materials is anticipated to hamper the market growth. Furthermore, rise in demand for architectural hardware in the construction industries is expected to drive the market growth during the forecast year.
The global architectural hardware market is segmented based on application, end-user, and region. Based on application, the market is segmented into doors, windows, furniture, and shower. Based on end user, the market is categorized into commercial, industrial, and residential. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COMPETITION ANALYSIS
Some of the major players analyzed in this report are Allegion Plc, ASSA ABLOY (Yale and Others), Bohle Ltd., C.R. Laurence Co., Inc., Fortress Industrial Co., Ltd., Godrej Locking Solutions & Systems, Häfele GmbH & Co KG, Hettich Holding GmbH & Co. oHG, HOPPE Holding AG, and Spectrum Brands, Inc.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL ARCHITECTURAL HARDWARE MARKET SEGMENTS
By Application
By End-User
By Region
Key Players
The surge in industrial activity across major economies drives the demand for architectural hardware such as lever handles, door guards, and security locks, thereby boosting the growth of the architectural hardware market. LAMEA is anticipated to experience rapid growth in the architectural hardware market due to increase in demand for repair activities in old infrastructure, and rapid urbanization. Countries such as China, India, Japan, the U.S, and Germany, are expected to be the key demand areas, which support the overall growth of the architectural hardware market. However, increase in prices of raw materials is anticipated to hamper the market growth. Furthermore, rise in demand for architectural hardware in the construction industries is expected to drive the market growth during the forecast year.
The global architectural hardware market is segmented based on application, end-user, and region. Based on application, the market is segmented into doors, windows, furniture, and shower. Based on end user, the market is categorized into commercial, industrial, and residential. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COMPETITION ANALYSIS
Some of the major players analyzed in this report are Allegion Plc, ASSA ABLOY (Yale and Others), Bohle Ltd., C.R. Laurence Co., Inc., Fortress Industrial Co., Ltd., Godrej Locking Solutions & Systems, Häfele GmbH & Co KG, Hettich Holding GmbH & Co. oHG, HOPPE Holding AG, and Spectrum Brands, Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging architectural hardware market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global architectural hardware market forecast analysis from 2018 to 2026 is included in the report.
- Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the architectural hardware industry.
GLOBAL ARCHITECTURAL HARDWARE MARKET SEGMENTS
By Application
- Doors
- Windows
- Furniture
- Shower
By End-User
- Commercial
- Industrial
- Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Poland
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Vietnam
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Allegion plc
- ASSA ABLOY (Yale and Others)
- Bohle Ltd.
- C.R. Laurence Co., Inc.
- Fortress Industrial Co., Ltd.
- Godrej Locking Solutions & Systems
- Häfele GmbH & Co KG
- Hettich Holding GmbH & Co. oHG
- HOPPE Holding AG
- Spectrum Brands, Inc.
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Architectural Hardware Market, By Application
Chapter 5: Architectural Hardware Market, By End-User
Chapter 6: Architectural Hardware Market, By Region
Chapter 7: Company Profiles
Executive Summary
According to the report titled, 'Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026', the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. The architectural hardware are a type of hardware which includes doors, windows, furniture, and shower. Steel is most commonly used in the production of architectural hardware. Other metals in which washers are available include copper, brass, aluminum, titanium, bronze, zinc, and iron.The architectural hardware market has witnessed substantial rise over the past few years and is expected to record similar growth during the coming years. Increase in industrialization and urbanization, particularly in the emerging markets, further fuels the architectural hardware market growth. In addition, increase in demand for architectural hardware in the construction industries is expected to drive the market growth during the forecast year. However, rise in cost of steel, and fluctuating foreign exchange are anticipated to hinder the market growth. Furthermore, availability of low-cost and efficient manufacturing particularly in Asia-Pacific and rise in demand for door and window accessories in developing countries provide lucrative growth opportunities for the market.
In 2018, Asia-Pacific dominated the global architectural hardware market, in terms of revenue, accounting for about 54.9% share of the global market, followed by North America. Based on end-user, the residential segment secured the highest share in the global market in 2018, and the industrial segment is expected to grow at a CAGR of 5.2% during the forecast period. In terms of application, the split lock washers segment is expected to account for the highest market share in the coming years.
Key Findings of the Architectural Hardware Market:
The report provides an extensive analysis of the current and emerging architectural hardware market trends and dynamics.
Depending on application, the furniture segment dominated the architectural hardware market, in terms of revenue in 2018 and the shower segment is projected to grow at a CAGR 5.7% during the forecast period.
By end-user, the residential segment led the architectural hardware market in 2018.
Asia-Pacific is projected to register the highest growth rate in the coming years.
Key market players within the architectural hardware market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the architectural hardware industry.
The report provides an extensive analysis of the market trends and emerging opportunities of the market.
In-depth architectural hardware market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
The global architectural hardware market forecast analysis from 2018 to 2026 is included in the report.
The key players profiled in the architectural hardware market report include Allegion plc, ASSA ABLOY (Yale and Others), Bohle Ltd., C.R. Laurence Co., Inc., Fortress Industrial Co., Ltd., Godrej Locking Solutions & Systems, Häfele GmbH & Co KG, Hettich Holding GmbH & Co. oHG, HOPPE Holding AG, and Spectrum Brands, Inc.
Many players have adopted product development as the key developmental strategy to improve their product portfolio. For instance, in March 2019, Bohle launched new products for sliding door installations at the FIT Show conducted in the UK. The products include EasyMount 6020, base rail balustrading system, colored shower and bathroom hinges, vacuum lifting technology, glass processing tools, and others.
Companies Mentioned
- Allegion plc
- ASSA ABLOY (Yale and Others)
- Bohle Ltd.
- C.R. Laurence Co. Inc.
- Fortress Industrial Co. Ltd.
- Godrej Locking Solutions & Systems
- Häfele GmbH & Co KG
- Hettich Holding GmbH & Co. oHG
- HOPPE Holding AG
- Spectrum Brands Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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