Lucintel Blog: Lucintel Forecasts Door and Window Hardware Market to Reach $95.8 Billion by 2028

Friday, July 28, 2023

Lucintel Forecasts Door and Window Hardware Market to Reach $95.8 Billion by 2028

According to the recent study the door and window hardware market is projected to reach an estimated $95.8 billion by 2028 from $78.1 billion in 2023, at a CAGR of 4.2% from 2023 to 2028. Growth in this market is primarily driven by growing awareness of energy-efficient buildings, increasing trend of installing smart homes, and rising construction of residential buildings, showrooms, stores, malls, warehouses, and office buildings.

A more than 150–page report is developed to understand trends, opportunities and forecast in door and window hardware market by product type (door hardware and window hardware), end use (residential buildings and commercial buildings), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/door-and-window-hardware-market.aspx

“Door hardware market is expected to remain the largest segment during the forecast period.”

Based on product type, the door and window hardware market is segmented into door hardware and window hardware. Lucintel forecasts that the door hardware market is expected to remain the largest segment as it is frequently used in high-end commercial as well as residential doors.

“Within the door and window hardware market, the residential building segment is expected to remain the largest end use.”

Based on end use the residential building segment is expected to witness the highest growth over the forecast period due to the rapid urbanization, growing disposable income of consumers, and increasing trend of automation and changing security and safety standards.

“North America will dominate the door and window hardware market in near future.”

North America will remain the largest region due to increasing investments in automated doors by shopping malls or banks in order to enhance convenience as well as growing safety concerns regarding identity theft in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/door-and-window-hardware-market.aspx.

Major players of door and window hardware market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Assa Abloym, Roto Frank, Siegenia, Giesse, Stanley Hardware, Allegion, MACO, Winkhaus, and Dorma are among the major door and window hardware providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/door-and-window-hardware-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056