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Architectural Hardware Market Outlook, Analysis & Industry Forecast, 2026 | Key Drivers, Restraints and Opportunities

03-16-2021 07:51 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Architectural Hardware Market

Architectural Hardware Market

The architectural hardware includes door & window locks, door closers, floor springs, furniture fittings, panic bars, door automatics, shower fittings, door & window accessories, glass hardware patch fittings, glass hardware railings and other accessories.

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The global architectural hardware market size 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 global architectural hardware market is projected to gain high momentum in near future supported by economic growth of various developing nations, and rise in infrastructural investments. The governments of various countries have taken initiatives related to infrastructure developments. Increased investment in the real estate sector boosts the demand for door and window accessories and other architectural components.

At the same time, improving economies in the developing countries such as India, China, Indonesia, and others, have resulted in large investments from different countries, a factor that subsequently boosts the demand for architectural hardware in infrastructural and construction projects across various sectors. For instance, in January 2019, China invested $163 billion in the infrastructure sector to boost the economy. New construction projects includes two major airports and railway stations. Similarly, in September 2018, I Squared Capital, a private equity firm raised $7 billion for new infrastructure projects in India.

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Scope of The Report:

By Application

Doors
Windows
Furniture
Shower

By End-user

Commercial
Industrial
Residential

By Region

North America
Europe
Asia-Pacific
LAMEA

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.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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