LONDON, Feb. 20, 2017 /PRNewswire/ -- The door closer market has been witnessing growth across regions due to the increasing awareness of high-tech security systems among various end-users and easy operations of such equipment. Also, there has been an impact in the market due to the deployment of smart solutions in the developed and developing economies. Also, the major reason that drives the market is the increasing security concerns across regions, which is mandating the need for the installation of such high-security door closer systems at residential and commercial spaces. With changing technology, vendors are offering door closers with highly-sophisticated security systems like the fire alarm technology. This model of the door closer offered by certain vendors offers fire protection actuator, which is ideal for swing door drive with an integrated smoke switch. The door closers market is also impacted by the growth in residential buildings across regions such as Europe, the Middle East and Africa (EMEA), Asia-Pacific (APAC), and the Americas. The residential market is growing at a fast pace, and there has been a growing interest in home improvements. The home improvement market is also steadily growing due to which there will be a positive impact on the door closer market.
Technavio's analysts forecast the global door stopper market to grow at a CAGR of 4.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global door stopper market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of door stopper.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio'™s report, Global Door Stopper Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- DORMA
- GEZE
- Stanley Security Solutions
- Yale
Other prominent vendors
- Cal-Royal Products
- Allegion
- Oubao Security Technology
- Suzhou Fuerda Industry
- ABUS
Market driver
- Rapid growth in commercial real estate market
- For a full, detailed list, view our report
Market challenge
- Resistance capacity of door closers
- For a full, detailed list, view our report
Market trend
- Energy-efficient door closers
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/4706519/
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Download the full report: https://www.reportbuyer.com/product/4706519/
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SOURCE ReportBuyer
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