Modular Construction Market Business Opportunities for Manufacturers at a CAGR of 6.8% by 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.

Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/5415

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.

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.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5415

Competition Analysis:
The key market 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. The major players operating in the global architectural hardware market have adopted key strategies such as product development and collaboration to strengthen their market outreach and sustain the stiff competition in the market.

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.

Buy This Research Report @ https://www.alliedmarketresearch.com/checkout-final/773ae1126bc573132447fd4ce8cc1374

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 domain.

Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com/reports-store/construction-and-manufacturing

This release was published on openPR.