Panic Bars Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 2.8 Billion by 2033.
In 2022, the global panic bars market was valued at approximately USD 2.5 billion, with projections indicating growth to USD 4.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2030. North America led the market, accounting for about 38% of the total revenue, driven by stringent safety regulations and a high concentration of commercial and institutional buildings. Europe followed with a 28% share, supported by robust safety standards and building codes across member countries. The Asia Pacific region contributed 22% to the market, with rapid urbanization and infrastructure development in countries like China and India fueling demand. Latin America and the Middle East & Africa each held a 6% share, with growing infrastructure projects and increasing safety awareness contributing to market expansion.The Asia Pacific region is anticipated to experience the fastest growth during the forecast period, with a projected CAGR of approximately 7.2%. This surge is largely due to rapid urbanization and infrastructure development in countries such as China and India, leading to increased demand for panic bars in commercial, industrial, and institutional buildings. In North America and Europe, the market is expected to grow steadily, driven by ongoing infrastructure developments and renovations, as well as the integration of advanced technologies like electronic and automated locking systems in panic bars. Latin America and the Middle East & Africa present significant growth opportunities due to increasing infrastructure developments and improving safety awareness.
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Stanley Black & Decker
Fapim
Nuova Oxidal
ECO Schulte
D-Line
Idomus
JNF
DORMA
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. 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 Panic Bars Market
Standard Panic Bars
Electromechanical Panic Bars
Emergency Exit Panic Bars
Double Door Panic Bars
Steel
Aluminum
Plastic
Stainless Steel
Commercial Buildings
Industrial Facilities
Educational Institutions
Healthcare Facilities
Public Gathering Spaces
Architects and Designers
Facility Managers
Construction Companies
Government and Public Agencies
Online Retail
Direct Sales
Wholesale Distributors
Retail Stores
US (United States, US 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 Panic Bars 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 Panic Bars Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Panic Bars Market, By Type
6. Global Panic Bars Market, By Application
7. Global Panic Bars Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Panic Bars Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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