Global Door Closer Market Grow at a CAGR of 4.12 % during the period 2017-2021
Market Research Hub( MRH) has recently announced the addition of a fresh report, titled“ Global Door Closer Market 2017-2021” to its report offerings. Global Door Stopper Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The door closer market has been witnessing growth across regions due to the increasing awareness of high-tech security systems among various end-users and easy operations of such equipment. Also, there has been an impact in the market due to the deployment of smart solutions in the developed and developing economies. Also, the major reason that drives the market is the increasing security concerns across regions, which is mandating the need for the installation of such high-security door closer systems at residential and commercial spaces. With changing technology, vendors are offering door closers with highly-sophisticated security systems like the fire alarm technology. This model of the door closer offered by certain vendors offers fire protection actuator, which is ideal for swing door drive with an integrated smoke switch. The door closers market is also impacted by the growth in residential buildings across regions such as Europe, the Middle East and Africa( EMEA), Asia-Pacific( APAC), and the Americas. The residential market is growing at a fast pace, and there has been a growing interest in home improvements.
Technavios analysts forecast the global door stopper market to grow at a CAGR of 4.12 % during the period 2017-2021.