Market Overview:
The global cranked hinges 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 cranked hinges from commercial and residential applications. In terms of type, the cold rolled steel material segment is expected to lead the global cranked hinges market during the forecast period, followed by stainless steel material and solid brass material segments. In terms of application, commercial applications are expected to account for a larger share of the global cranked hinges market than residential applications during the forecast period. North America is estimated to be one of the leading markets for cranked hinges in 2018, followed by Europe and Asia Pacific.
Product Definition:
A cranked hinge is a type of hinge that has a long, curved arm. This arm allows the door to open wider than it would with a standard hinge. Cranked hinges are often used on cabinet doors and large doors, such as those on barns or sheds. They are important because they allow larger objects to be opened more easily.
Cold Rolled Steel Material:
Steel is one of the most common materials used in the manufacturing of cold rolled steel products. It is a ferrous alloy, consisting of iron and carbon. The material has high demand from end-use industries such as construction equipment, automotive industry and consumer goods owing to its properties such as low cost, easy availability and ability to withstand extreme temperatures.
Stainless Steel Material:
Stainless steel material is a type of metal that has high corrosion resistance and is used in various applications such as kitchen equipment, automotive, building & construction materials and chemical processing industries. The demand for stainless steel material witnessed an upsurge during the financial crisis owing to its use in manufacturing crankshafts for hinges of front doors and windows of cars.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the rising construction activities in emerging economies such as China, India and Brazil. These countries are also expected to witness a rise in demand for transportation systems such as buses and trucks which will further propel product demand over the forecast period.
The residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on home remodeling projects that include installing cranked hinges on doors along with other decorative hardware products by furnishing companies or interior designers who work with these manufacturers directly or through their agents/distributors across retail stores and online marketplaces worldwide.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period. The regional market is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing construction activities in emerging economies, such as China and India. In addition, rising population in these countries has led to an increase in commercial construction projects, which will drive product demand further.
The Asia Pacific region dominated the global CRANKED HINGES industry with a revenue share of more than 60% in 2017 and this trend is expected continue over the forecast period due its high growth rate coupled with large population base and rapid industrialization & urbanization trends across various regions including South East Asia, China & India etc.
Growth Factors:
- Increasing demand from construction and automotive industries
- Growing popularity of smart homes and green buildings
- Rising awareness about the benefits of using cranked hinges
- Technological advancements in hinge manufacturing process
- Growing number of online retailers offering cranked hinges
Scope Of The Report
Report Attributes
Report Details
Report Title
Cranked Hinges Market Research Report
By Type
Cold Rolled Steel Material, Stainless Steel Material, Solid Brass Material
By Application
Commercial, Residential
By Companies
Hettich, Blum, Grass, ASSA ABLOY, Simonswerk GmbH, Hafele, FGV, Dorma, Spectrum Brands, Inc., DTC, Hager Companies, Ferrari, SH-ABC, Topstrong, Archie, Kingslide, ITW Proline, Zoo Hardware
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Cranked Hinges Market Report Segments:
The global Cranked Hinges market is segmented on the basis of:
Types
Cold Rolled Steel Material, Stainless Steel Material, Solid Brass Material
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
Commercial, Residential
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:
- Hettich
- Blum
- Grass
- ASSA ABLOY
- Simonswerk GmbH
- Hafele
- FGV
- Dorma
- Spectrum Brands, Inc.
- DTC
- Hager Companies
- Ferrari
- SH-ABC
- Topstrong
- Archie
- Kingslide
- ITW Proline
- Zoo Hardware
Highlights of The Cranked Hinges 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:
- Cold Rolled Steel Material
- Stainless Steel Material
- Solid Brass Material
- By Application:
- Commercial
- Residential
- 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 Cranked Hinges 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.
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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?
Cranked hinges are a type of hinge that uses a crank to open and close the door. This hinge is typically used in doors that need to be opened quickly, such as emergency exits.
Some of the key players operating in the cranked hinges market are Hettich, Blum, Grass, ASSA ABLOY, Simonswerk GmbH, Hafele, FGV, Dorma, Spectrum Brands, Inc., DTC, Hager Companies, Ferrari, SH-ABC, Topstrong, Archie, Kingslide, ITW Proline, Zoo Hardware.
The cranked hinges 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 Cranked Hinges 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 Cranked Hinges Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cranked Hinges 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 Cranked Hinges 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 Cranked Hinges Market Size & Forecast, 2018-2028 4.5.1 Cranked Hinges Market Size and Y-o-Y Growth 4.5.2 Cranked Hinges Market Absolute $ Opportunity
Chapter 5 Global Cranked Hinges 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 Cranked Hinges Market Size Forecast by Type
5.2.1 Cold Rolled Steel Material
5.2.2 Stainless Steel Material
5.2.3 Solid Brass Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cranked Hinges 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 Cranked Hinges Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cranked Hinges 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 Cranked Hinges 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 Cranked Hinges Analysis and Forecast
9.1 Introduction
9.2 North America Cranked Hinges 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 Cranked Hinges Market Size Forecast by Type
9.6.1 Cold Rolled Steel Material
9.6.2 Stainless Steel Material
9.6.3 Solid Brass Material
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 Cranked Hinges Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
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 Cranked Hinges Analysis and Forecast
10.1 Introduction
10.2 Europe Cranked Hinges 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 Cranked Hinges Market Size Forecast by Type
10.6.1 Cold Rolled Steel Material
10.6.2 Stainless Steel Material
10.6.3 Solid Brass Material
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 Cranked Hinges Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
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 Cranked Hinges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cranked Hinges 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 Cranked Hinges Market Size Forecast by Type
11.6.1 Cold Rolled Steel Material
11.6.2 Stainless Steel Material
11.6.3 Solid Brass Material
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 Cranked Hinges Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
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 Cranked Hinges Analysis and Forecast
12.1 Introduction
12.2 Latin America Cranked Hinges 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 Cranked Hinges Market Size Forecast by Type
12.6.1 Cold Rolled Steel Material
12.6.2 Stainless Steel Material
12.6.3 Solid Brass Material
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 Cranked Hinges Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
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) Cranked Hinges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cranked Hinges 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) Cranked Hinges Market Size Forecast by Type
13.6.1 Cold Rolled Steel Material
13.6.2 Stainless Steel Material
13.6.3 Solid Brass Material
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) Cranked Hinges Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
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 Cranked Hinges Market: Competitive Dashboard
14.2 Global Cranked Hinges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hettich
14.3.2 Blum
14.3.3 Grass
14.3.4 ASSA ABLOY
14.3.5 Simonswerk GmbH
14.3.6 Hafele
14.3.7 FGV
14.3.8 Dorma
14.3.9 Spectrum Brands, Inc.
14.3.10 DTC
14.3.11 Hager Companies
14.3.12 Ferrari
14.3.13 SH-ABC
14.3.14 Topstrong
14.3.15 Archie
14.3.16 Kingslide
14.3.17 ITW Proline
14.3.18 Zoo Hardware