Door Closer Market
Door Closer Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Door Closer Market Size and Growth
The door closer market is experiencing steady growth, driven by rising demand in residential and commercial sectors. Current estimates place the market size at approximately $3.2 billion, with a projected CAGR of around 5% through the next five years, influenced by advancements in technology and increasing emphasis on safety and convenience.
Companies Covered
(Covid 19 Impact Covered)
◍ Allegion
◍ DORMA
◍ ASSA ABLOY
◍ GEZE
◍ Oubao
◍ FRD
◍ Stanley
◍ Ryobi
◍ Hutlon
◍ Archie
◍ Kinlong ◍ CRL ◍ Cal-Royal
◍ Hager
The Door Closer Market features key players like Allegion, DORMA, ASSA ABLOY, and GEZE, offering innovative solutions. These companies enhance market growth through product diversification, technological advancements, and strategic partnerships. Their combined revenues drive industry expansion, with Allegion and ASSA ABLOY reporting significant sales figures, boosting market competitiveness.
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Market Segmentation
By Application
Commercial
Residential
By Product
◍ Surface Applied Door Closer
Concealed Door Closer
Floor Spring
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$ 1529.52 Million
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