Global Door Stay Market Overview:
Door stays is refer as an object which helps in assisting securely holding open doors and panels in a variety or situations, like access panels, maintenance covers, ventilation panels etc. A friction of stay allows to limit the door opening to a maximum of 90 degrees. Door stay are available in right and left version. The market of door stay is growing due to growing construction industry with newly added door products, while opportunity like renovation sector is helping a market to grow. Along with this some of the factor like increasing raw material prices is hampering the market growth. Some of the key players profiled in the study are Assa Abloy (Sweden), Wixroyd International Ltd (United Kingdom), Wenzhou Yeeka Hardware Co.Ltd (China), Arihant (India), Schwepper Beschlag GmbH & Co. KG (Germany), Tindall Engineering Ltd (United Kingdom), Asmith Manufacturing Company (Taiwan), Floradis (Romania) and TAI SAM CORPORATION (Taiwan).
On the basis of geography, the market of Door Stay has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Door Stay market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Iron will boost the Door Stay market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth Of the Construction Industry
- Changing Interior Decor Preferences Of Customers
- Growing Penetration of Technology
- Fluctuating Raw Material Prices
- Increase in Demand for Replacement of Door Products From the Renovations Sector
- Rapid Urbanization in Emerging Economies
- Growing Environmental Concerns and Implementation Of Standards in Door Stay
Major Market Developments:
On 15 Nov 2019 ASSA ABLOY has signed an agreement to acquire AM Group, an Australian industrial door company within entrance automation.
ASSA ABLOY’s strong brand has been acknowledged with the Construction Brand Award in the Red Dot Award’s Brands and Communication Design category, 2019.
Several door stay companies are investing in powerful, state-of-the-art control instrumentation as a result of spiraling demand for technologically advanced products from emerging end-use industries. This is poised to result in growing competitive, environmental, and economic pressures to offer high-rated products with a shorter return on investment.
Industry Investors, Manufacturers, End User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations, Associations and Industry Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Door Stay market on the basis of product [Adjustable, Wall-mounted and Others] , application [House, Office, Hotel, Restaurant and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Door Stay market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Door Stay industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Door Stay market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.