Press release
Builder Hardware Market 2019 Size, Development Strategy, Historical Analysis, Emerging Technologies, Opportunity Assessment, Global Key Players and Trends by Forecast 2024
Builder Hardware Market
Overview
The Global Builder Hardware Market is expected to gain an unprecedented value of USD 55,795.8 Million by 2024 with a CAGR of 4.88% during the forecast period (2019–2024). Market Research Future (MRFR) in their report envelops segmentations and drivers for a better glimpse of the market in the coming years. Builder hardware is a group of metal hardware that is mainly used for supporting buildings and structures and making them effective in terms of protection, convenience, and aesthetic enhancement. Door handles, door hinges, bolts, latches, locks, and door knockers are some of the builder hardware components that are used with the doors, windows, and cabinets. During the forecast period, the global market is expected to be driven by various factors, such as the growth of the construction industry, rise in demand for strong security, and rise in furniture use. However, fluctuating raw material prices could hamper market growth during the forecast period.
Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/7996
Segmental Analysis
The global builder hardware market is segmented based on type and application.
On the basis of type, the global builder hardware market is segmented into cabinet hardware, doors, hardware, windows hardware, plumbing hardware, and others. The cabinet hardware segment dominated the market and was valued at USD 13,630.2 million in 2018. This value can reach USD 18,486.4 Million by 2024. Meanwhile, the metal segment is witnessing significant growth and is expected to attain 5.22% CAGR during the forecast period.
On the basis of application, the global builder hardware market is segmented into residential and non-residential. In 2018, the residential segment held the maximum market share and enjoyed a valuation of USD 23,288.9 million. This valuation can rise to USD 31,234.5 Million by 2024. This segment is expected to grow with the fastest CAGR of 5.03% during the forecast period.
Competitive Analysis
The prominent players profiled in the global builder hardware market report are ASSA ABLOY (Sweden), Allegion plc (Ireland), Masco Corporation (US), dormakaba Group (Switzerland), Tyman plc. (US), Roto (Germany), Siegenia (Germany), GUANGDONG KIN LONG HARDWARE PRODUCTS CO., LTD (China), and Sobinco (Belgium). Mergers, acquisitions, expansions, and product developments are some strategies that these companies employ to stay ahead of the rest.
Regional Analysis
On the basis of region, the global market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific is anticipated to lead the builder hardware market during the study period, followed by North America. The region is expected to witness the increased development of infrastructure and the construction of residential, commercial, and municipal buildings. China followed by Japan and India are countries that dominate the builder hardware market in Asia-Pacific.
The global builder hardware market is expected to reach USD 55,795.8 Million with a CAGR of over 4.88% by the end of the forecast period.
Industry Updates
In August 2017, ASSA ABLOY announced the acquisition of SMI, a leading OEM manufacturer of architectural hardware in India. This acquisition strengthened its presence in the country.
In November 2017, Allegion plc completed the acquisition of Qatar Metal Industries, which is one of the Middle East’s largest manufacturers of commercial steel and wood doors and frames. This acquisition helped it increase its presence in the region.
Key Questions Addressed by the Report
• What was the historic market size (2018)?
• Which segmentation (Type/Application is driving market?
• What will be the growth rate by 2024?
• How are the key players in this market?
• What are the strategies adopted by key players?
Get More Information on Report @ https://www.marketresearchfuture.com/reports/builder-hardware-market-7996
List of Tables
Table 1 List Of Assumptions
Table 2 Macro Indicators Influencing The Global Builder Hardware Market
Table 3 Annual Value Of Construction, US, 2012–2018 (USD Million)
Table 4 Global Builder Hardware Market, By Type, 2013–2017 (USD Million)
Table 1 Global Builder Hardware Market, By Type, 2018–2024 (USD Million)
Table 2 Global Builder Hardware Market, By Type, 2013–2017 (Million Units)
Table 3 Global Builder Hardware Market, By Type, 2018–2024 (Million Units)
Table 4 Global Builder Hardware Market, By Application, 2013–2017 (USD Million)
Table 5 Global Builder Hardware Market, By Application, 2018–2024 (USD Million)
Table 6 Global Builder Hardware Market, By Application, 2013–2017 (Million Units)
Table 7 Global Builder Hardware Market, By Application, 2018–2024 (Million Units)
Table 8 Global Builder Hardware Market, By Region, 2013–2017 (USD Million)
Table 9 Global Builder Hardware Market, By Region, 2018–2024 (USD Million)
Table 10 Global Builder Hardware Market, By Region, 2013–2017 (Million Units)
Continued........
List of Figures
Figure 1 Market Synopsis
Figure 2 Market Attractiveness Analysis: Global Builder Hardware Market
Figure 3 Global Builder Hardware Market Analysis, By Type
Figure 4 Global Builder Hardware Market Analysis, By Application
Figure 5 Global Builder Hardware Market: Market Structure
Figure 6 Key Buying Criteria Of Global Builder Hardware Market
Figure 7 Research Process Of MRFR
Figure 8 Top-Down And Bottom-Up Approach
Figure 9 North America: Market Size And Market Share, By Country (2018 VS 2024)
Figure 10 Europe: Market Size And Market Share, By Country (2018 VS 2024)
Continued.......
Ask for your specific company profile and country level customization on reports.
Market Research Future
Office No. 524/528
Amanora Chambers
Magarpatta Road
Hadapsar
Pune -411028
Maharashtra, India
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Builder Hardware Market 2019 Size, Development Strategy, Historical Analysis, Emerging Technologies, Opportunity Assessment, Global Key Players and Trends by Forecast 2024 here
News-ID: 1814328 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Hardware
Top 12 China Hardware Market & Reliable Hardware Supplier
This article was first published on Yiwuagt.com. As a professional Chinese sourcing agent, this site has a lot of knowledge about Chinese imports.
As the world's largest manufacturer of hardware tools, China has many excellent hardware suppliers. At present, China's hardware wholesale industry has spread all over the country. Do you want to import hardware from China? As a professional sourcing agent, this article will introduce the well-known China hardware wholesale…
Architectural Hardware Market
According to a new report published by Allied Market Research, 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. Architectural hardware is a type of hardware that includes doors, windows,…
Hardware & Home Improvement Retailers Market 2020-2021 Industry Players Like | D …
The Hardware & Home Improvement Retailers Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Hardware & Home Improvement Retailers Market study provides comprehensive data…
Hardware Lock Market 2018 Kaba Group, Kwikset Spectrum, Baldwin Hardware
Global Hardware Lock market 2018 by ReportsQuest presents a professional and complete analysis of on the current Industry situation. The Global report includes Hardware Lock Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by Hardware Lock market players and the future prospects from various angles in detail. Industry analysis is a assessment tool used…
Global Builders and Cabinet Hardware Market 2018 - Allegion plc, Schlage, Ashlan …
Apex Market Research, recently published a detailed market research study focused on the “Builders and Cabinet Hardware Market” across the global, regional and country level. The report provides 360° analysis of “Builders and Cabinet Hardware Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend…
Builder Hardware 2017 Global Industry Key Players - Doors Hardware , Windows Ha …
Global Builder Hardware Market
The Global Builder Hardware Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists. It provides the Builder Hardware industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Builder Hardware market study provides comprehensive data which enhances the…
