Door Closer and Exit Devices Market - Global Outlook and Forecast 2021-2026

Door Closer and Exit Devices Market - Global Outlook and Forecast 2021-2026

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Door Closer and Exit Devices Market Report

The global door closer and exit devices market by revenue is expected to grow at a CAGR of approx. 5% during 2020–2026.

The global door market is witnessing constant innovations. The increasing demand for better technical features and efficient products is driving the market growth. Key vendors in the market have constantly been adopting innovative features to keep pace with changing regulations and consumer demands, thereby influencing the adoption of door closers and exit devices during the forecast period. They are manufacturing the devices that meet the requirements of recently updated BS8300 standards for low opening forces, CE marking, and compliance with fire regulations. The introduction of CAM-Motion technology, combining an integrated damping device that allows the door to be closed quietly, safely, and securely at a regulated speed, which can preserve the safety and silence of the door closing technique. These technologies are ideal for hospitality, healthcare, education, commercial, and government buildings. Vendors offer electric strikes, electromagnetic locks, and access control components in their products. ASSA ABLOY Electronic Security Hardware aims at providing innovation, strength, durability, quality, and no-fault warranty. They offer no-touch products to hands-free access control and egress. Hence, increase inventions and innovative designs are expected to contribute to the development of the global door closer and exit devices market.

The following factors are likely to contribute to the growth of the door closer and exit devices market during the forecast period:
Feature Enhancements and Product Innovations
Booming Demand in Emerging Economies
Preference for Integrated Door Closers
Growth in Real Estate and Construction Market

The study considers the door closer and exit devices market's present scenario and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Global Door Closer and Exit Devices Market Segmentation
The global door closer and exit devices market research report includes a detailed segmentation by product, end-user, geography. Door closers are relatively familiar products, which are finding adoption in most emerging economies. Favorable government frameworks, stringent building codes, panic and fire emergency policies, the revival of the construction and tourism sector, renovation boom in APAC countries are some of the factors that can accelerate the adoption of door closers in the next five years. In 2020, North America dominated the market and accounted for a market share of 68%. The development of integrated door closers can drive momentum during the coming years as the installation of lightweight and elegant doors is gaining traction. The availability of heavy-duty pneumatic door closers with smother operation is expected to increase the share of hydraulic doors.

The global commercial real estate market experienced rapid growth in 2019, mainly supported by the rising global investments. Commercial real estate mainly refers to retail stores, shopping malls, corporate offices, hotels, restaurants, business parks, and other commercial properties. However, the market witnessed a decline in 2020 owing to the COVID-19 pandemic outbreak. Since door closers constitute an integral part of the hospitality industry, the global hospitality industry's rapid growth is expected to support the growth of the global door closer market during the forecast period. In the corporate environment, door closers come with improved security, access solutions, and protection features. The increased installation of door closers and exit devices in office buildings, business parks, and workspaces is likely to influence the market growth.

Products
Door Closer
Type
 Mechanical
 Electromechanical
Pressure
 Hydraulic
 Pneumatic
Operation
 Overhead
 Floor Spring
 Integrated
Exit Device
 Type
 Rim
 Vertical Rods
 Mortise
 Mullion
 Design
 Touch Bar
 Crossbar
 Integral
End-users
Commercial
Hospitality
Corporates
Healthcare
Government Facilities
Educational Institutes
Others
Residential

INSIGHTS BY GEOGRAPHY
The door closer and exit devices market in North America is driven due to the increase in retrofit projects and remodeling of existing commercial and residential units. North America accounts for the largest consumer spending in the world. Changing lifestyles, high socializing, technological development, and innovative designs are mainly driving residential and commercial renovations. Moreover, the increasing employee productivity and satisfaction is triggering remodeling or renovations in the commercial sector. The growth of the tourism industry is also driving renovations in the hotels & hospitality industry. Infrastructural investments in commercial places such as schools, hospitals, hotels, retail stores, and malls are creating the opportunity for the market in North America. However, the impact of the COVID-19 pandemic in 2020 took a dig at the optimistic approach in construction and economic growth. The US economy also shrank at over 32% annual rate between April and June 2020, signifying one of the most significant declines of all time.

Geography
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
APAC
China
Japan
South Korea
India
Australia
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
UAE

INSIGHTS BY VENDORS
Strategic pricing, customized product portfolio, mergers & acquisitions, integration of digital aspects are crucial factors determining vendors’ success in the global door closer and exit devices market. ASSA ABLOY, dormakaba, Allegion, GEZE, and Gretsch-Unitas (GU) are a few major vendors operating in the market. ASSA ABLOY introduced innovative features such as CAM-Motion technology, which combines an integrated damping device that allows the door to be closed quietly, safely, and securely at a regulated speed. Several global players are expected to expand their reach in the fast-developing economies in APAC, the Middle East and Africa, and Latin America through mergers and acquisitions during the forecast period.

Prominent Vendors
ASSA ABLOY
Allegion
Dormakaba
GEZE Gmbh
ISEO

Other Prominent Vendors
Gretsch-Unitas (G-U) GmbH
Hager Group
Dom
Lawrence Hardware
Dynasty Hardware
Wright Products
Dorence Industries
Tell Manufacturing
Cal-Royal Products
Godrej
Oubao Security Technology
Suzhaou Fuerda Industry Co. Ltd.
August Bremicker und Sohne KG (ABUS)
Guangdong Archie Hardware
C.R. Laurance
Deltana Enterprises
Kason Industries
Rejuvenation
Prime-Line
Ryobi
Detex Corporation
Thase Enterprise
Securefast plc
Hangzhou Guardson Hardware
Fapim

KEY QUESTIONS ANSWERED
1. How big is the global door closer market?
2. What is the growth rate of the global door closer market
3. Which segments are likely to dominate the door closer and exit devices market share?
4. Which end-user segment is likely to generate the largest revenue during the forecast period?
5. What is the growth of the door closer and exit devices market in North America?


1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Product
4.3.2 Market Segmentation by End-User
4.3.3 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 COVID-19 Impact
8 Market Opportunities & Trends
8.1 Feature Enhancements and Product Innovations
8.2 Booming Demand in Emerging Economies
8.3 Preference for Integrated Door Closers
9 Market Growth Enablers
9.1 Growing Real Estate and Construction Opportunities
9.2 Policies Supporting Residential Boom
9.3 Revival of Travel and Tourism Industry
10 Market Restraints
10.1 Fluctuating Raw Material Prices
10.2 Stringent Frameworks And Regulations
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry
12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
13 Door Closers
13.1 Market Snapshot & Growth Engine
14 Door Closer By Type
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Mechanical
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Electromechanical
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market By Geography
15 Door Closer By Pressure
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Hydraulic
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.3.3 Market By Geography
15.4 Pneumatic
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Market by Geography
16 Door Closers by Operation
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Overhead
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.3.3 Market by Geography
16.4 Floor Spring
16.4.1 Market Overview
16.4.2 Market Size & Forecast
16.4.3 Market By Geography
16.5 Integrated
16.5.1 Market Overview
16.5.2 Market Size & Forecast
16.5.3 Market by Geography
17 Exit Devices
17.1 Market Snapshot & Growth Engine
18 Exit Device by Type
18.1 Market Snapshot & Growth Engine
18.2 Market Overview
18.3 RIM
18.3.1 Market Overview
18.3.2 Market Size & Forecast
18.3.3 Market by Geography
18.4 Vertical Rods
18.4.1 Market Overview
18.4.2 Market Size & Forecast
18.4.3 Market By Geography
18.5 Mortise
18.5.1 Market Overview
18.5.2 Market Size & Forecast
18.5.3 Market By Geography
18.6 Mullions
18.6.1 Market Overview
18.6.2 Market Size & Forecast
18.6.3 Market by Geography
19 Exit Device By Design
19.1 Market Snapshot & Growth Engine
19.2 Market Overview
19.3 Touch Bar
19.3.1 Market Overview
19.3.2 Market Size & Forecast
19.3.3 Market by Geography
19.4 Crossbar
19.4.1 Market Overview
19.4.2 Market Size & Forecast
19.4.3 Market By Geography
19.5 Integral
19.5.1 Market Overview
19.5.2 Market Size & Forecast
19.5.3 Market by Geography
20 End-User
20.1 Market Snapshot & Growth Engine
20.2 Market Overview
20.3 Commercial
20.3.1 Market Overview
20.3.2 Market Size & Forecast
20.3.3 Market by Geography
20.3.4 Market by Product
20.3.5 Hospitality
20.3.6 Corporates
20.3.7 Healthcare
20.3.8 Government Facilities
20.3.9 Educational Institutes
20.3.10 Others
20.4 Residential
20.4.1 Market Overview
20.4.2 Market Size & Forecast
20.4.3 Market by Geography
20.4.4 Market by Product
21 Geography
21.1 Market Snapshot & Growth Engine
21.2 Geographic Overview
22 North America
22.1 Market Overview
22.2 Market Size & Forecast
22.3 Product
22.3.1 Market Size & Forecast
22.4 Door Closer
22.4.1 Type: Market Size & Forecast
22.4.2 Pressure: Market Size & Forecast
22.4.3 Operation: Market Size & Forecast
22.4.4 End-User: Market Size & Forecast
22.5 Exit Device
22.5.1 Type: Market Size & Forecast
22.5.2 Design: Market Size & Forecast
22.5.3 End-User: Market Size & Forecast
22.6 End-User
22.6.1 Market Size & Forecast
22.7 Key Countries
22.7.1 US: Market Size & Forecast
22.7.2 Canada: Market Size & Forecast
23 Europe
23.1 Market Overview
23.2 Market Size & Forecast
23.3 Product
23.3.1 Market Size & Forecast
23.4 Door Closer
23.4.1 Type: Market Size & Forecast
23.4.2 Pressure: Market Size & Forecast
23.4.3 Operation: Market Size & Forecast
23.4.4 End-User: Market Size & Forecast
23.5 Exit Device
23.5.1 Type: Market Size & Forecast
23.5.2 Design: Market Size & Forecast
23.5.3 End-User: Market Size & Forecast
23.6 End-User
23.6.1 Market Size & Forecast
23.7 Key Countries
23.7.1 Germany: Market Size & Forecast
23.7.2 France: Market Size & Forecast
23.7.3 UK: Market Size & Forecast
23.7.4 Italy: Market Size & Forecast
23.7.5 Spain: Market Size & Forecast
24 APAC
24.1 Market Overview
24.2 Market Size & Forecast
24.3 Product
24.3.1 Market Size & Forecast
24.4 Door Closer
24.4.1 Type: Market Size & Forecast
24.4.2 Pressure: Market Size & Forecast
24.4.3 Operation: Market Size & Forecast
24.4.4 End-User: Market Size & Forecast
24.5 Exit Device
24.5.1 Type: Market Size & Forecast
24.5.2 Design: Market Size & Forecast
24.5.3 End-User: Market Size & Forecast
24.6 End-User
24.6.1 Market Size & Forecast
24.7 Key Countries
24.7.1 China: Market Size & Forecast
24.7.2 Australia: Market Size & Forecast
24.7.3 India: Market Size & Forecast
24.7.4 Japan: Market Size & Forecast
24.7.5 South Korea: Market Size & Forecast
25 Middle East and Africa
25.1 Market Overview
25.2 Market Size & Forecast
25.3 Product
25.3.1 Market Size & Forecast
25.4 Door Closer
25.4.1 Type: Market Size & Forecast
25.4.2 Pressure: Market Size & Forecast
25.4.3 Operation: Market Size & Forecast
25.4.4 End-User: Market Size & Forecast
25.5 Exit Device
25.5.1 Type: Market Size & Forecast
25.5.2 Design: Market Size & Forecast
25.5.3 End-User: Market Size & Forecast
25.6 End-User
25.6.1 Market Size & Forecast
25.7 Key Countries
25.7.1 UAE: Market Size & Forecast
25.7.2 Saudi Arabia: Market Size & Forecast
26 Latin America
26.1 Market Overview
26.2 Market Size & Forecast
26.3 Product
26.3.1 Market Size & Forecast
26.4 Door Closer
26.4.1 Type: Market Size & Forecast
26.4.2 Pressure: Market Size & Forecast
26.4.3 Operation: Market Size & Forecast
26.4.4 End-User: Market Size & Forecast
26.5 Exit Device
26.5.1 Type: Market Size & Forecast
26.5.2 Design: Market Size & Forecast
26.5.3 End-User: Market Size & Forecast
26.6 End-User
26.6.1 Market Size & Forecast
26.7 Key Countries
26.7.1 Brazil: Market Size & Forecast
26.7.2 Mexico: Market Size & Forecast
27 Competitive Landscape
27.1 Competition Overview
28 Key Company Profiles
28.1 ASSA ABLOY
28.1.1 Business Overview
28.1.2 Product Offerings
28.1.3 Key Strategies
28.1.4 Key Strengths
28.1.5 Key Opportunities
28.2 Allegion
28.2.1 Business Overview
28.2.2 Product Offerings
28.2.3 Key Strategies
28.2.4 Key Strengths
28.2.5 Key Opportunities
28.3 Dormakaba
28.3.1 Business Overview
28.3.2 Product Offerings
28.3.3 Key Strategies
28.3.4 Key Strengths
28.3.5 Key Opportunities
28.4 GEZE GMBH
28.4.1 Business Overview
28.4.2 Product Offerings
28.4.3 Key Strategies
28.4.4 Key Strengths
28.4.5 Key Opportunities
28.5 ISEO
28.5.1 Business Overview
28.5.2 Product Offerings
28.5.3 Key Strategies
28.5.4 Key Strengths
28.5.5 Key Opportunities
29 Other Prominent Vendors
29.1 Gretsch-Unitas (G-U)
29.1.1 Business Overview
29.1.2 Product Offerings
29.2 Hager Group
29.2.1 Business Overview
29.2.2 Product Offerings
29.3 DOM
29.3.1 Business Overview
29.3.2 Product Offerings
29.4 Lawrence Hardware
29.4.1 Business Overview
29.4.2 Product Offerings
29.5 Dynasty Hardware
29.5.1 Business Overview
29.5.2 Product Offerings
29.6 Wright Products
29.6.1 Business Overview
29.6.2 Product Offerings
29.7 Dorence Industries
29.7.1 Business Overview
29.7.2 Product Offerings
29.8 Tell Manufacturing
29.8.1 Business Overview
29.8.2 Product Offerings
29.9 CAL-Royal Products
29.9.1 Business Overview
29.9.2 Product Offerings
29.10 The Godrej Group
29.10.1 Business Overview
29.10.2 Product Offerings
29.11 OUBAO
29.11.1 Business Overview
29.11.2 Product Offerings
29.12 SUZHOU FUERDA INDUSTRY
29.12.1 Business Overview
29.12.2 Product Offerings
29.13 ABUS
29.13.1 Business Overview
29.13.2 Product Offerings
29.14 Guangdong Archie Hardware
29.14.1 Business Overview
29.14.2 Product Offerings
29.15 C.R. Laurence
29.15.1 Business Overview
29.15.2 Product Offerings
29.16 Deltana Enterprises
29.16.1 Business Overview
29.16.2 Product Offerings
29.17 Kason Industries
29.17.1 Business Overview
29.17.2 Product Offerings
29.18 Rejuvenation
29.18.1 Business Overview
29.18.2 Product Offerings
29.19 Prime-Line Products
29.19.1 Business Overview
29.19.2 Product Offerings
29.20 RYOBI
29.20.1 Business Overview
29.20.2 Product Offerings
29.21 Detex Corporation
29.21.1 Business Overview
29.21.2 Product Offerings
29.22 Thase Enterprise
29.22.1 Business Overview
29.22.2 Product Offerings
29.23 Securefast PLC
29.23.1 Business Overview
29.23.2 Product Offerings
29.24 Hangzhou Guardson Hardware
29.24.1 Business Overview
29.24.2 Product Offerings
29.25 Fapim
29.25.1 Business Overview
29.25.2 Product Offerings
30 Report Summary
30.1 Key Takeaways
30.2 Strategic Recommendations
31 Quantitative Summary
31.1 Market by Geography
31.2 Product
31.3 Door Closer
31.3.1 Type
31.3.2 Pressure
31.3.3 Operation
31.4 Exit Device
31.4.1 Type
31.4.2 Design
31.5 End-User
31.5.1 Hospitality
31.5.2 Corporates
31.5.3 Healthcare
31.5.4 Government Facilities
31.5.5 Educational Institutes
31.5.6 Others
31.5.7 Residential
31.6 North America
31.6.1 Product
31.6.2 Door Closer by Type
31.6.3 Door Closer by Pressure
31.6.4 Door Closer by Operation
31.6.5 Door Closer by End-User
31.6.6 Exit Device by Type
31.6.7 Exit Device by Design
31.6.8 Exit Device by End-User
31.6.9 Door Closer and Exit Device Market by End-User
31.6.10 US Market by Product
31.6.11 Canada Market by Product
31.7 Europe
31.7.1 Product
31.7.2 Door Closer by Type
31.7.3 Door Closer by Pressure
31.7.4 Door Closer by Operation
31.7.5 Door Closer by End-User
31.7.6 Exit Device by Type
31.7.7 Exit Device by Design
31.7.8 Exit Device by End-User
31.7.9 Door Closer and Exit Device Market by End-User
31.7.10 Germany
31.7.11 France
31.7.12 UK
31.7.13 Italy
31.7.14 Spain
31.8 APAC
31.8.1 Product
31.8.2 Door Closer by Type
31.8.3 Door Closer by Pressure
31.8.4 Door Closer by Operation
31.8.5 Door Closer by End-User
31.8.6 Exit Device by Type
31.8.7 Exit Device by Design
31.8.8 Exit Device by End-User
31.8.9 Door Closer and Exit Device Market by End-User
31.8.10 China
31.8.11 Australia
31.8.12 India
31.8.13 Japan
31.8.14 South Korea
31.9 Middle East And Africa
31.9.1 Product
31.9.2 Door Closer by Type
31.9.3 Door Closer by Pressure
31.9.4 Door Closer by Operation
31.9.5 Door Closer by End-User
31.9.6 Exit Device by Type
31.9.7 Exit Device by Design
31.9.8 Exit Device by End-User
31.9.9 Door Closer and Exit Device Market by End-User
31.9.10 UAE
31.9.11 Saudi Arabia
31.10 Latin America
31.10.1 Product
31.10.2 Door Closer by Type
31.10.3 Door Closer by Pressure
31.10.4 Door Closer by Operation
31.10.5 Door Closer by End-User
31.10.6 Exit Device by Type
31.10.7 Exit Device by Design
31.10.8 Exit Device by End-user
31.10.9 Door Closer and Exit Device Market by End-User
31.10.10 Brazil
31.10.11 Mexico
32 Appendix
32.1 Abbreviations

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