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Global closed door revenue will continue to grow at an annual rate of 1%~6%

Author: QYResearch | Publish date: 2018-03-16 | Views: 135
For industry structure analysis, the door closer industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 60 % of the revenue market. The global Door Closer market was 44.71 million units and worth $2347.89 million in 2016 and is expected to reach 55.4 million units in 2022, growing at a CAGR of 3.64% from 2016 to 2022.

Publisher: QYResearch

Published Date: 2018-03-16


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.

For forecast, the global door closer revenue would keep increasing with annual growth rate with 1~6%. We tend to believe that this industry still has a good future, considering the current demand of door closer.

  • The Global Door Closer Market Professional Survey Report 2017 report released by QYResearch provides a basic overview of theDoor Closer industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

  • The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Door Closer industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:http://www.qyresearchglobal.com/goods-1162340.html
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