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Door Closer Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_26309 | Date : Jan, 2023 | Pages : 192 | Region : Global

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A door closer is a mechanical device that closes a door, in general after someone opens it. Choosing a door closer can involve the consideration of a variety of criteria. In addition to the closer's performance in fire situations, other criteria may include resistance to opening forces (for use by disabled or infirm), control over the rate of closing, safety, durability, risk of vandalism, anti-ligature and aesthetics.
China occupied 26.43% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 23.28% and 21.99% of the global total industry. Other regions have a smaller amount of sales. The global leading player in this market is Allegion, whose revenue is $ 604.26 million in 2016, accounts for 25.74% of total revenue market.
The Door Closer is mainly used in Commercial and Residential field. The application market share of Commercial is up to 72.16% in 2016 and it is forecasted that share will be 73.10% in 2022 with increased adoption of door closer.
For price trend analysis, a key variable in the performance of door closer producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

The Global Door Closer Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Door Closer Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Allegion
DORMA
ASSA ABLOY
GEZE
Oubao
FRD
Stanley
Ryobi
Hutlon
Archie
Kinlong
CRL
Cal-Royal
Hager

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Surface Applied Door Closer
Concealed Door Closer
Floor Spring
In Market segmentation by applications :

Commercial
Residential

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Door Closer Market for the forecast period 2023 - 2030?
• What are the driving forces in the Door Closer Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Door Closer industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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