How Big Is the Door Hardware Market?
According to 6Wresearch internal database and industry insights, the door hardware market was valued at USD 28.6 billion in 2024 and is anticipated to reach USD 45.9 billion by 2031, growing at a CAGR of 8.5%.
Driven by the booming construction sector, urbanization, surging demand for smart door access solutions, and ongoing renovation activities across residential and commercial properties.
Growth Factors of the Door Hardware Market
- Rapid urban development and smart city initiatives globally
- Growing residential and commercial construction projects in developing economies
- Increase in demand for digital locks, biometric systems, and keyless entry hardware
- Growing focus on security and privacy in homes and offices
- Preference for aesthetic and multifunctional door fittings
- Upgrades in building safety codes and hardware compliance standards
Door Hardware Market Trends
Door Hardware Market is witnessing a notable shift toward electronic access systems, minimalist designs, and integration with IoT-enabled smart home platforms. Smart locks and touchless door mechanisms are increasingly preferred in post-pandemic commercial settings. Simultaneously, demand for corrosion-resistant, designer handles and sustainable materials like recycled metals is also gaining traction.
Emerging Developments in Door Hardware Market
Door Hardware Industry is projected to experience massive developments over the coming years as manufacturers are heavily investing in R&D for touchless access solutions and smart locking systems to enhance safety and convenience. Growth in prefab housing and modular construction is also boosting demand for pre-installed door hardware systems. Moreover, integration with mobile apps and cloud-based security systems is revolutionizing user control over door access.
Leading Companies in the Door Hardware Industry
- Hafele Group
- Allegion plc
- Spectrum Brands Holdings (Kwikset)
- ASSA ABLOY
- dormakaba Group
- Gretsch-Unitas GmbH
- Godrej Locks
How big is the Door Hardware Market : FAQ's
Door hardware market is expected to grow at a compound annual growth rate (CAGR) of 8.5% during the upcoming period.
The door hardware market is expanding due to rising construction activity, smart home integration, and demand for advanced security solutions.
Smart and electronic door locks are currently the fastest-growing segment due to increasing consumer awareness.
The door hardware market is expected to reach USD 45.9 billion by 2031.
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