Market Overview:
The global building hardware market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient buildings and the growing construction industry worldwide. The global building hardware market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into doors hardware, windows hardware, cabinet hardware, plumbing hardware, and others. Doors Hardware dominates this market with a share of more than 50%. Windows Hardware is projected to grow at a highest CAGR during the forecast period owing to its increasing demand for energy-efficient buildings across different regions. Cabinet Hardware held second largest share in 2017 due to its growing applications in both residential as well as non-residential sectors across different regions globally. Plumbing Hardware accounted for around 10% share in 2017 due to its increasing applications for water supply systems in both residential and non-residential sectors across different regions globally. On the basis of application, Residential Market held majority share followed by Non-Residential Market In 2017 . Growing number of construction projects especially in developing countries such as China & India are fuelling growth of Residential Market while Non -Residential sector has been registering steady growth over past few years attributed mainly towards rising investments by corporate sector towards office spaces & other commercial infrastructure developments .
Product Definition:
Building Hardware is a type of hardware that is used in the construction or renovation of buildings. It includes items such as nails, screws, bolts, hinges, and door knobs. Building Hardware is important because it helps to secure materials together and allows for things like doors and windows to open and close.
Doors Hardware:
The doors hardware market is expected to witness significant growth over the forecast period owing to increasing construction activities across the globe. The market has been witnessing a steady rise in demand from residential as well as commercial sectors. Increasing trend of living in multi-occupancy residential apartments, coupled with growing population, is driving the need for more number of buildings and thus increasing usage of doors hardware such as handles, locks & latches among others.
Windows Hardware:
The global Windows Hardware and it's usage in Building Hardware market size was valued at USD 6.5 billion in 2016. The increasing demand for smart buildings is expected to be a key factor driving the growth of this industry over the forecast period.
Increasing penetration of internet, rising disposable income, growing population, and rapid urbanization are some of the factors that have led to an increase in spending on infrastructure development across various regions including North America, Europe Asia Pacific and Latin America.
Application Insights:
The residential application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. Increasing urbanization, growing preference for single-family houses as opposed to multi-story buildings, and rising disposable income are expected to drive demand from this segment over the coming years.
Non-residential applications include commercial buildings such as offices, hotels/motels, hospitals & clinics among others. The increasing number of multinational companies along with an increase in tourism is anticipated to boost non-residential construction activities thereby driving demand for various products including door hardware and windows throughout the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities owing to increasing population, rising disposable income, and growing awareness about energy conservation. These factors are anticipated to drive demand for various building components including hardware products such as doors, windows, cabinets etc., thereby boosting industry growth over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high product penetration of around 90% of households have installed window systems on their main door as compared to 80% household having door systems across Asia Pacific countries.
Growth Factors:
- Increasing demand for energy-efficient and green buildings
- Growing construction industry in developing countries
- Proliferation of smart building technologies
- Rising demand for retrofitting and renovation of existing buildings
- Emergence of new materials and technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Hardware Market Research Report
By Type
Doors Hardware, Windows Hardware, Cabinet Hardware, Plumbing Hardware, Others
By Application
Residential Market, Non-residential Market
By Companies
ASSA ABLOY, Allegion, Spectrum Brands (HHI), Masco Corporation, DORMA, Roto Frank, Siegenia-aubi, GretschUnitas, Kin Long, Winkhaus, Sobinco, Lip Hing, 3H, GEZE, Ashland Hardware Systems, Hager Company, CompX International, Tyman (GIESSE)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Building Hardware Market Report Segments:
The global Building Hardware market is segmented on the basis of:
Types
Doors Hardware, Windows Hardware, Cabinet Hardware, Plumbing Hardware, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Market, Non-residential Market
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ASSA ABLOY
- Allegion
- Spectrum Brands (HHI)
- Masco Corporation
- DORMA
- Roto Frank
- Siegenia-aubi
- GretschUnitas
- Kin Long
- Winkhaus
- Sobinco
- Lip Hing
- 3H
- GEZE
- Ashland Hardware Systems
- Hager Company
- CompX International
- Tyman (GIESSE)
Highlights of The Building Hardware Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Doors Hardware
- Windows Hardware
- Cabinet Hardware
- Plumbing Hardware
- Others
- By Application:
- Residential Market
- Non-residential Market
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Hardware Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building hardware is the physical components of a computer, such as the motherboard, processor, graphics card and storage.
Some of the key players operating in the building hardware market are ASSA ABLOY, Allegion, Spectrum Brands (HHI), Masco Corporation, DORMA, Roto Frank, Siegenia-aubi, GretschÂUnitas, Kin Long, Winkhaus, Sobinco, Lip Hing, 3H, GEZE, Ashland Hardware Systems, Hager Company, CompX International, Tyman (GIESSE).
The building hardware market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Hardware Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Hardware Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Hardware Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Hardware Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Hardware Market Size & Forecast, 2018-2028
4.5.1 Building Hardware Market Size and Y-o-Y Growth
4.5.2 Building Hardware Market Absolute $ Opportunity
Chapter 5 Global Building Hardware Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Building Hardware Market Size Forecast by Type
5.2.1 Doors Hardware
5.2.2 Windows Hardware
5.2.3 Cabinet Hardware
5.2.4 Plumbing Hardware
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Building Hardware Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Building Hardware Market Size Forecast by Applications
6.2.1 Residential Market
6.2.2 Non-residential Market
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Hardware Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Hardware Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Building Hardware Analysis and Forecast
9.1 Introduction
9.2 North America Building Hardware Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Building Hardware Market Size Forecast by Type
9.6.1 Doors Hardware
9.6.2 Windows Hardware
9.6.3 Cabinet Hardware
9.6.4 Plumbing Hardware
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Building Hardware Market Size Forecast by Applications
9.10.1 Residential Market
9.10.2 Non-residential Market
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Building Hardware Analysis and Forecast
10.1 Introduction
10.2 Europe Building Hardware Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Building Hardware Market Size Forecast by Type
10.6.1 Doors Hardware
10.6.2 Windows Hardware
10.6.3 Cabinet Hardware
10.6.4 Plumbing Hardware
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Building Hardware Market Size Forecast by Applications
10.10.1 Residential Market
10.10.2 Non-residential Market
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Building Hardware Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Building Hardware Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Building Hardware Market Size Forecast by Type
11.6.1 Doors Hardware
11.6.2 Windows Hardware
11.6.3 Cabinet Hardware
11.6.4 Plumbing Hardware
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Building Hardware Market Size Forecast by Applications
11.10.1 Residential Market
11.10.2 Non-residential Market
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Building Hardware Analysis and Forecast
12.1 Introduction
12.2 Latin America Building Hardware Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Building Hardware Market Size Forecast by Type
12.6.1 Doors Hardware
12.6.2 Windows Hardware
12.6.3 Cabinet Hardware
12.6.4 Plumbing Hardware
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Building Hardware Market Size Forecast by Applications
12.10.1 Residential Market
12.10.2 Non-residential Market
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Building Hardware Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Building Hardware Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Building Hardware Market Size Forecast by Type
13.6.1 Doors Hardware
13.6.2 Windows Hardware
13.6.3 Cabinet Hardware
13.6.4 Plumbing Hardware
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Building Hardware Market Size Forecast by Applications
13.10.1 Residential Market
13.10.2 Non-residential Market
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Hardware Market: Competitive Dashboard
14.2 Global Building Hardware Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASSA ABLOY
14.3.2 Allegion
14.3.3 Spectrum Brands (HHI)
14.3.4 Masco Corporation
14.3.5 DORMA
14.3.6 Roto Frank
14.3.7 Siegenia-aubi
14.3.8 GretschUnitas
14.3.9 Kin Long
14.3.10 Winkhaus
14.3.11 Sobinco
14.3.12 Lip Hing
14.3.13 3H
14.3.14 GEZE
14.3.15 Ashland Hardware Systems
14.3.16 Hager Company
14.3.17 CompX International
14.3.18 Tyman (GIESSE)
