The global Door Closer market was valued at 2522.55 Million USD in 2021 and will grow with a CAGR of 2.59% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Allegion

DORMA

ASSA ABLOY

GEZE

Oubao

FRD

Stanley

Ryobi

Hutlon

Archie

Kinlong

CRL

Cal-Royal

Hager

By Types:

Surface Applied Door Closer

Concealed Door Closer

Floor Spring

By Applications:

Commercial

Residential

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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