Press release
Global Spring Hinges Market to Reach US$ 12.4 B by 2031-Durable Hardware, Industrial Applications & Smart Door Solutions Driving Growth
Market Size and GrowthGlobal Spring Hinges Market reached US$ 8.5 billion in 2023 and is expected to reach US$ 12.4 billion by 2031, growing with a CAGR of 4.8% during the forecast period 2024-2031.
Key Development:
✅ In November 2025, RIKEN and NVIDIA announced two new supercomputers in Japan (one dedicated to quantum computing) using NVIDIA GB200/Quantum‐X800 technology, underlining Japan's push for sovereign quantum infrastructure.
✅ In November 2025, the RIKEN Center for Computational Science finalised system configuration for a new quantum‐HPC hybrid platform powered by NVIDIA GPUs, to begin operation in fiscal 2025.
✅ In October 2025, the Japanese government reaffirmed 2025 as the "first year of quantum industrialization" and highlighted its strategic pathway in quantum computing leveraging domestic technologies.
✅ In 2025, the spring hinges market continues to be a major hardware segment, with global reports citing its size and growth trajectory.
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Growth Drivers of Spring Hinges:
✅ Rising demand in residential, commercial, and industrial construction for durable and self-closing doors.
✅ Advancements in hinge materials and designs enhancing strength, corrosion resistance, and longevity.
✅ Growing focus on automation, safety, and convenience in building hardware applications.
✅ Expansion of the construction and renovation sector boosting hardware and accessory demand.
✅ Increasing adoption in furniture, cabinets, and specialized machinery applications supporting market growth.
Key Players:
=> Marlboro Industries, Inc., JMC Jefco Manufacturing, Inc., Sierra Pacific Engineering & Products, S&D Products , ABH Engineering Inc., Accon Marine, Emtek Products, C.R. Laurence Co., Inc., Hanaya LLC and Assa Abloy.
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Key Segments:
By Material
Brass leads with 30% share, driven by corrosion resistance and electrical conductivity for industrial and automotive applications. Stainless steel holds 25%, favored for durability and high-strength uses. Aluminum accounts for 15%, supported by lightweight applications in automotive and aerospace. Zinc alloy represents 10%, plastic 12%, and other materials 8%, catering to niche and specialty uses.
By Application
Automotive dominates with 35% share, driven by demand for components, fittings, and assemblies. Industrial applications hold 25%, aerospace & defense 15%, household 10%, agriculture 8%, healthcare 5%, and others 2%, reflecting specialty and emerging applications.
By Region
North America - 32% leads with strong automotive and industrial manufacturing demand.
Europe - 28% driven by aerospace, automotive, and precision engineering adoption.
Asia Pacific - 25% fueled by industrial growth and rising automotive production in China, India, and Japan.
South America - 6%, Middle East & Africa - 9%, supported by industrial and infrastructure projects.
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FAQ
What is the current size of the Spring Hinges Market?
A: In 2023, the Spring Hinges Market was valued at US$ 8.5 billion, reflecting its strong industry presence.
Q2: How large is the Spring Hinges Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Spring Hinges Market will grow to around US$ 12.4 billion , demonstrating significant expansion.
Q3: What is the growth rate of the Spring Hinges Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2024 to 2031.
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