Press release
Architectural Hardware Market Statistics and Research Analysis Released in Latest Industry Report 2026 | At a CAGR of 6.8%
Architectural Hardware Market
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.
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Industrial News:
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.
Market Players:
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.
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Key Segments:
By APPLICATION -
Doors
Windows
Furniture
Shower
By END-USER -
Commercial
Industrial
Residential
By Region -
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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