Press release
Door Handles Market to Reach USD 9.74 Billion by 2030
The ๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ was valued at USD 7.35 Billion for the year 2023 and is expected to grow at a CAGR of 4.1% to reach a USD 9.74 Billion market by the year 2030.๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The door handles market is a crucial segment within the global hardware industry, driven by both residential and commercial sectors. This market encompasses a diverse range of products such as lever handles, knob handles, pull handles, flush handles, and electronic/smart handles, made from materials like metal, plastic, wood, and glass. These handles serve key functions, providing security, aesthetics, and ease of use for doors in homes, offices, hospitals, and public buildings.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/206067/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Construction Growth: The increasing demand for door handles is driven by expanding construction activities across residential, commercial, and infrastructure sectors
Urbanization & Infrastructure Development: Emerging economies like those in Asia Pacific and Latin America are fueling the demand for door handles due to rapid urbanization
Design Trends: As interior design preferences evolve, the demand for door handles that match styles like modern, vintage, or minimalist is growing.
Technological Integration: The rise of smart door handles with features such as keyless entry and remote access is gaining popularity, particularly in tech-savvy regions.
๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Sustainability: Eco-friendly materials and energy-efficient designs are becoming key considerations for manufacturers as consumers prioritize sustainability.
Smart Technology: Increasing adoption of smart home devices has boosted the market for electronic and smart door handles, with added features like fingerprint recognition and Bluetooth connectivity.
Customization: Consumers are seeking unique, personalized designs, pushing manufacturers to offer customizable options in terms of color, material, and functionality.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/206067/
๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Emerging Markets: Asia Pacific, Latin America, and Africa present significant growth opportunities due to booming construction sectors and urbanization.
Innovation in Smart Features: Technological advancements in biometric security, remote controls, and integration with home automation systems offer new product development opportunities.
Competitive Landscape: The market faces intense competition with numerous global and regional players, requiring companies to differentiate based on quality, design, and price.
Fluctuating Raw Material Costs: Variability in the cost of raw materials like metals and plastics can impact pricing and profitability.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ?
North America and Europe represent mature markets with strong demand for high-quality and smart door handles.
Asia Pacific shows rapid growth, driven by the booming construction industry and increasing disposable incomes.
South America and the Middle East & Africa are emerging markets, influenced by infrastructure development and urbanization
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/206067/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Product Type
Lever Handles
Knob Handles
Pull Handles
Flush Handles
Electronic/Smart Handles
Others
by Material
Metal
Plastic
Wood
Glass
Others
by Application
Residential
Commercial
by Distribution Channel
Hardware Stores
Home Improvement Retailers
Online Retailers
Direct Sales (Contractors/Builders)
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐จ๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Europe:
1. ASSA ABLOY AB (Sweden)
2. Allegion plc (Ireland)
3. Hรคfele GmbH & Co KG (Germany)
4. FSB Franz Schneider Brakel GmbH + Co KG (Germany)
5. DORMA+KABA Group (Switzerland)
6. Hettich Holding GmbH & Co. oHG (Germany)
7. Hoppe AG (Switzerland)
8. Dormakaba Group (Germany)
9. Baldwin Hardware Corporation (United Kingdom)
10. Hoppe North America, Inc. (Switzerland)
North America:
1. Emtek Products, Inc. (United States)
2. Spectrum Brands Holdings (United States)
3. Kwikset (Spectrum Brands Holdings, Inc.) (United States)
4. Yale Security (ASSA ABLOY AB) (United States)
5. SARGENT Manufacturing Company (United States)
6. Designer Doorware (United States)
7. Nova Hardware (United States)
8. August Home Inc. (United States)
9. Schlage (Allegion plc) (United States)
10. Master Lock Company LLC (United States)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/door-handles-market/206067/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
LED Video Walls Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
LED Video Walls Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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