Manual Door Closer Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 1.95 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global manual door closer market was valued at approximately USD 1.2 billion in 2022, with projections indicating a steady growth trajectory. The market is anticipated to expand at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is driven by increasing construction activities, heightened focus on safety and security, and a rise in demand for durable and efficient door hardware solutions. The residential and commercial construction sectors, alongside the renovation and retrofit market, are key contributors to the rising demand for manual door closers. The need for energy-efficient and cost-effective solutions is further fueling market growth.
Opportunities in the manual door closer market are significant, particularly in emerging regions such as Asia-Pacific and Latin America. Urbanization and infrastructure development in these regions are expected to drive the demand for manual door closers. Additionally, advancements in door closer technology and rising awareness about safety standards are likely to create new market prospects. The growing trend of smart buildings and the integration of advanced automation systems are expected to enhance the appeal of manual door closers, providing further opportunities for market players to explore innovative solutions and expand their market presence.
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Dorma
GEZE
Briton
Panasonic
Ingersoll-Rand
Schneider
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Manual Door Closer Market
Commercial
Residential
Based on Types the Market is categorized into Below types that held the largest Manual Door Closer market share In 2023.
Surface Applied Door Closer
Concealed Door Closer
Floor Spring
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Manual Door Closer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Manual Door Closer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Manual Door Closer Market, By Type
6. Global Manual Door Closer Market, By Application
7. Global Manual Door Closer Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Manual Door Closer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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