Apr 13, 2021   SOURCE: BusinessWire

Global Door Closer and Exit Devices Market (2021 to 2026) - Feature Enhancements and Product Innovations Present Opportunities - ResearchAndMarkets.com

The "Door Closer and Exit Devices Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global door closer and exit devices market by revenue is expected to grow at a CAGR of approx. 5% during 2020-2026.

The global door market is witnessing constant innovations. The increasing demand for better technical features and efficient products is driving the market growth. Key vendors in the market have constantly been adopting innovative features to keep pace with changing regulations and consumer demands, thereby influencing the adoption of door closers and exit devices during the forecast period. They are manufacturing the devices that meet the requirements of recently updated BS8300 standards for low opening forces, CE marking, and compliance with fire regulations. The introduction of CAM-Motion technology, combining an integrated damping device that allows the door to be closed quietly, safely, and securely at a regulated speed, which can preserve the safety and silence of the door closing technique.

These technologies are ideal for hospitality, healthcare, education, commercial, and government buildings. Vendors offer electric strikes, electromagnetic locks, and access control components in their products. ASSA ABLOY Electronic Security Hardware aims at providing innovation, strength, durability, quality, and no-fault warranty. They offer no-touch products to hands-free access control and egress. Hence, increase inventions and innovative designs are expected to contribute to the development of the global door closer and exit devices market.

The following factors are likely to contribute to the growth of the door closer and exit devices market during the forecast period:

  • Feature Enhancements and Product Innovations
  • Booming Demand in Emerging Economies
  • Preference for Integrated Door Closers
  • Growth in Real Estate and Construction Market

The study considers the door closer and exit devices market's present scenario and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Key Questions Answered

1. How big is the global door closer market?

2. What is the growth rate of the global door closer market

3. Which segments are likely to dominate the door closer and exit devices market share?

4. Which end-user segment is likely to generate the largest revenue during the forecast period?

5. What is the growth of the door closer and exit devices market in North America?

Market Dynamics

Opportunities & Trends

  • Feature Enhancements and Product Innovations
  • Booming Demand in Emerging Economies
  • Preference for Integrated Door Closers

Growth Enablers

  • Growing Real Estate and Construction Opportunities
  • Policies Supporting Residential Boom
  • Revival of Travel and Tourism Industry

Restraints

  • Fluctuating Raw Material Prices
  • Stringent Frameworks And Regulations

Prominent Vendors

  • ASSA ABLOY
  • Allegion
  • Dormakaba
  • GEZE Gmbh
  • ISEO

Other Prominent Vendors

  • Gretsch-Unitas (G-U) GmbH
  • Hager Group
  • Dom
  • Lawrence Hardware
  • Dynasty Hardware
  • Wright Products
  • Dorence Industries
  • Tell Manufacturing
  • Cal-Royal Products
  • Godrej
  • Oubao Security Technology
  • Suzhaou Fuerda Industry Co. Ltd.
  • August Bremicker und Sohne KG (ABUS)
  • Guangdong Archie Hardware
  • C.R. Laurance
  • Deltana Enterprises
  • Kason Industries
  • Rejuvenation
  • Prime-Line
  • Ryobi
  • Detex Corporation
  • Thase Enterprise
  • Securefast plc
  • Hangzhou Guardson Hardware
  • Fapim

For more information about this report visit https://www.researchandmarkets.com/r/x2kuud