Market Overview:
The global lever handles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lever handles from various end-use industries, such as industrial machines, food equipment, medical devices, and others. In addition, the growing awareness about safety and security is also propelling the demand for lever handles in various applications. Composite plastic is expected to be one of the fastest-growing types of lever handles during the forecast period owing to its properties such as durability and resistance against corrosion. North America is estimated to account for a major share of the global lever handle market in 2018 followed by Europe and Asia Pacific.
Product Definition:
Lever handles are a type of door handle that is operated by using a lever instead of a traditional knob. This type of handle can be easier to use, as it requires less hand strength than a knob. They are often found on doors that lead to public areas, such as schools, hospitals, and office buildings.
Composite Plastic:
Composite plastic is a combination of two or more polymers, which are blended together to form a unique material. The most common types of composite plastics include vinyl ester and phenolic resin. These resins blend well with each other and also with various other materials such as glass fibers, carbon fibers or metals in order to form composites.
Cast Iron:
Cast iron is a type of metal that is obtained from melting pig iron (steel) and then shaping it into various products. It has high thermal conductivity, low electrical conductivity, and good mechanical properties. Cast iron can be used in applications where high strength and wear resistance are required. The key application areas include construction, automotive & transportation, machinery & equipment manufacturing industries.
Application Insights:
The other application segment includes construction equipment, packaging machinery and automotive components. The demand for the product in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to its increasing use in manufacturing automotive components such as handles, hoods and fuel caps.
Food equipment was the largest application segment with a market share of over 35% in 2017 owing to high demand from commercial food processing plants which require durable products suitable for heavy-duty operations on a daily basis.
Regional Analysis:
Europe dominated the global lever handles market in 2017 owing to high product demand from the food equipment and industrial machine application segments. The region is expected to witness a CAGR of XX% over the forecast period, on account of rising product adoption in manufacturing facilities and homes across countries such as Germany, U.K., France, Italy, and Russia among others.
Asia Pacific is projected to be one of the fastest-growing markets for lever handle products during the forecast period due to rapid industrialization coupled with increasing construction activities in emerging economies such as China and India among others will drive industry growth over next eight years (2018 - 2030). In addition, growing population along with increased spending on consumer goods including home appliances will also have positive impacts on regional growth over next few years (2018 - 2030).
Growth Factors:
- Increasing demand from construction and automotive industries for lever handles as a component for door hardware and other applications
- Rising popularity of minimalist design in residential and commercial spaces, which has led to an increase in the demand for levers over traditional knobs
- Growing awareness about the benefits of lever handles, such as ease of use and hygiene, among consumers
- Innovation in design and functionality by manufacturers to cater to changing consumer preferences
- Expansion of distribution channels through online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Lever Handles Market Research Report
By Type
Composite Plastic, Cast Iron, Stainless Steel
By Application
Industrial Machine, Food Equipment, Medical Device, Other
By Companies
ELESA S.p.A., Norelem, NBK, Heinrich Kipp Werk, Imao Corporation, Hoffmann Group, Erwin Halder KG, Rencol Components, J.W. Winco, Otto Ganter, Boteco, Bosch Rexroth, TECNODIN, Boneham & Turner, Boutet, Monroe Engineering Products
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 Lever Handles Market Report Segments:
The global Lever Handles market is segmented on the basis of:
Types
Composite Plastic, Cast Iron, Stainless Steel
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
Industrial Machine, Food Equipment, Medical Device, Other
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:
- ELESA S.p.A.
- Norelem
- NBK
- Heinrich Kipp Werk
- Imao Corporation
- Hoffmann Group
- Erwin Halder KG
- Rencol Components
- J.W. Winco
- Otto Ganter
- Boteco
- Bosch Rexroth
- TECNODIN
- Boneham & Turner
- Boutet
- Monroe Engineering Products
Highlights of The Lever Handles 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:
- Composite Plastic
- Cast Iron
- Stainless Steel
- By Application:
- Industrial Machine
- Food Equipment
- Medical Device
- Other
- 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 Lever Handles 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?
Lever handles are a type of handle that is attached to the side of a door or drawer. They are typically used by people with disabilities to help them open the door or drawer.
Some of the key players operating in the lever handles market are ELESA S.p.A., Norelem, NBK, Heinrich Kipp Werk, Imao Corporation, Hoffmann Group, Erwin Halder KG, Rencol Components, J.W. Winco, Otto Ganter, Boteco, Bosch Rexroth, TECNODIN, Boneham & Turner, Boutet, Monroe Engineering Products.
The lever handles 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 Lever Handles 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 Lever Handles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lever Handles 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 Lever Handles 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 Lever Handles Market Size & Forecast, 2020-2028
4.5.1 Lever Handles Market Size and Y-o-Y Growth
4.5.2 Lever Handles Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Composite Plastic
5.2.2 Cast Iron
5.2.3 Stainless Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial Machine
6.2.2 Food Equipment
6.2.3 Medical Device
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lever Handles 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 Lever Handles 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Composite Plastic
9.6.2 Cast Iron
9.6.3 Stainless Steel
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 Market Size Forecast by Applications
9.10.1 Industrial Machine
9.10.2 Food Equipment
9.10.3 Medical Device
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Composite Plastic
10.6.2 Cast Iron
10.6.3 Stainless Steel
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 Market Size Forecast by Applications
10.10.1 Industrial Machine
10.10.2 Food Equipment
10.10.3 Medical Device
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Composite Plastic
11.6.2 Cast Iron
11.6.3 Stainless Steel
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 Market Size Forecast by Applications
11.10.1 Industrial Machine
11.10.2 Food Equipment
11.10.3 Medical Device
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Composite Plastic
12.6.2 Cast Iron
12.6.3 Stainless Steel
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 Market Size Forecast by Applications
12.10.1 Industrial Machine
12.10.2 Food Equipment
12.10.3 Medical Device
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Composite Plastic
13.6.2 Cast Iron
13.6.3 Stainless Steel
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) Market Size Forecast by Applications
13.10.1 Industrial Machine
13.10.2 Food Equipment
13.10.3 Medical Device
13.10.4 Other
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 Lever Handles Market: Competitive Dashboard
14.2 Global Lever Handles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ELESA S.p.A.
14.3.2 Norelem
14.3.3 NBK
14.3.4 Heinrich Kipp Werk
14.3.5 Imao Corporation
14.3.6 Hoffmann Group
14.3.7 Erwin Halder KG
14.3.8 Rencol Components
14.3.9 J.W. Winco
14.3.10 Otto Ganter
14.3.11 Boteco
14.3.12 Bosch Rexroth
14.3.13 TECNODIN
14.3.14 Boneham & Turner
14.3.15 Boutet
14.3.16 Monroe Engineering Products
