Global Door Closer Market Overview:
The door closer is a hydraulic device mounted on to a door that is used to close a door automatically after it has been opened. It provides security, privacy, maintenance, and temperature control. It primarily helps in fire prevention measures, generally installed on fire doors. With the increasing demand for fire safety door closer and growing construction industry, the global door closer market is expected to grow in the forecasted year.
- Growing Demand for Fire Safety Doors
- Increasing Demand in Construction and Building Industry
- Rising use of Surface Mounted Door Closer in Commercial Application
- Stringent Regulatory Guidelines
- High Cost Associated with Door Closers
- Risk of Corrosion Associated with Door Closer
- Surging Demand from Developing Countries
- Emerging Technological Advancements
- The Intense Competition in the MArket Due to Various Players Entering in the Market
The global door closer market is highly fragmented with the presence of various manufacturers in the market. The level of competition among global players is intense. The company is forming various strategies in order to sustain itself in the market. The manufacturers are seeking ways to improve quality and reduce costs of the door closer. In the coming years, companies are expected to form partnerships and agreements.
Some of the key players profiled in the report are Allegion plc (Ireland), Dorma (Germany), Assa Abloy AB (Sweden), GEZE GmbH (Germany), Suzhou Fuerda Industry Co., Ltd (China), Stanley Black & Decker, Inc. (United States), DescriptionRyobi Limited (Japan), Cal-Royal Products, Inc. (United States), Hager Group (Germany) and Wenzhou Ouzhibao Technology Co. Ltd. (China). Additionally, following companies can also be profiled that are part of our coverage like Guangdong Hutlon Technology Co., Ltd (China), Archie Hardware Co., Ltd. (China) and Guangdong KinLong Hardware Products Co Ltd (China). Considering Market by Distribution Channels, the sub-segment i.e. Online will boost the Door Closer market. Considering Market by Operation, the sub-segment i.e. Manual will boost the Door Closer market. Considering Market by Fixture, the sub-segment i.e. Frame Concealed will boost the Door Closer market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Door Closer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Door Closer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Door Closer Manufacturers, Door Closer International Traders, Door Closer Distributors and Suppliers, Research and Development Institutes, Upstream and Downstream Buyers, Regulatory Bodies, Potential Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.