Hardware Manufacturing in the US
The Hardware Manufacturing industry is primarily engaged in manufacturing a variety of metal hardware, such as metal hinges, metal handles, keys, and locks, excluding coin-operated and time locks. Revenue has responded to positive downstream demand conditions over the past five years, specifically from the residential and nonresidential construction markets, aircraft engine and parts, and automobile engine and parts manufacturing. As a result, industry revenue is anticipated to grow at an annualized rate of 3.2% to reach $9.7 billion over the five years to 2018. The industry will experience stagnant growth over the next five-year period. This will occur simultaneously with slowed growth in both the value of residential construction and new housing construction. Industry performance is heavily influenced by these downstream activities.
This industry manufactures various forms of metal hardware, including metal hinges, metal handles, keys and locks, excluding time locks and coin-operated locks.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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