Door Hinge and Pivot Market Analysis and Latest Trends

A door hinge and pivot refer to the mechanical components that allow a door to swing open and closed. They provide support and enable smooth movement of the door. These components are vital for the proper functioning of doors in various sectors such as residential, commercial, and industrial buildings.

The global door hinge and pivot market is witnessing steady growth due to the increasing construction and renovation activities across the globe. The rising demand for energy-efficient doors, coupled with the growing emphasis on aesthetic appeal, is driving the market growth. Additionally, the surge in e-commerce platforms has boosted the sales of doors, thereby positively impacting the demand for door hinge and pivot products.

Furthermore, the advancements in technology have led to the development of innovative and automated door hinge and pivot systems that offer enhanced security features and convenience. This is expected to drive the demand for these products in the coming years.

In terms of market analysis, the door hinge and pivot market can be segmented by material type, application, and end-user industry. The material types include steel, aluminum, brass, stainless steel, and others. The market finds applications in residential doors, commercial doors, and industrial doors. The end-user industries comprise residential construction, commercial construction, and industrial sectors.

The market is dominated by key players such as SFS Group AG, Spectrum Brands, Inc., DORMA Group, Bohle Ltd., and Colefax Group Plc, among others. These companies are actively investing in research and development activities to introduce innovative products that provide better security, durability, and ease of use.

In conclusion, the global door hinge and pivot market is expected to grow at a CAGR of 6% during the forecast period. The market is driven by factors such as increasing construction activities, demand for energy-efficient doors, and technological advancements. The development of automated door hinge and pivot systems is a notable trend in the market, catering to the growing demand for enhanced security and convenience.

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Door Hinge and Pivot Major Market Players

The global door hinge and pivot market has witnessed significant growth over the past few years, with a range of players competing in the market. Some of the key players in the market include Dorma, Hutlon, KIN LONG, G-U, Archie, GMT, LASTING, ASSA Abloy, Hehe, Dinggu, Amex, DMD, Huisda, Seleco, Crown, and Modern.

Dorma, a leading company in the market, has a rich history dating back to 1908 when it was established in Germany. Over the years, Dorma has evolved into a global player providing innovative solutions for door technology and allied products. The company has witnessed steady market growth, expanding its portfolio to cater to various sectors such as healthcare, hospitality, and residential. With its focus on research and development, Dorma has maintained its competitive edge in the market.

Hutlon, another reputable player in the door hinge and pivot market, specializes in designing and manufacturing high-quality hardware products. The company has been in the industry for over 30 years, providing reliable solutions to architects, contractors, and end-users. Hutlon has experienced substantial market growth by emphasizing product innovation and customization to meet customer requirements.

ASSA Abloy is another prominent player in the market known for its comprehensive range of door products and solutions. The company has a history spanning over 150 years and has become a global leader in door opening solutions. ASSA Abloy's market growth can be attributed to its strong distribution network, strategic partnerships, and continuous investment in research and development.

While specific sales revenue figures for the mentioned companies are unavailable, it is evident that these players have established a strong presence in the market. The global door hinge and pivot market was valued at approximately $4.5 billion in 2020 and is projected to reach $6.2 billion by 2027, growing at a CAGR of around 4% from 2021 to 2027. This growth can be attributed to factors such as increasing construction activities, urbanization, and rising demand for advanced door solutions.

In conclusion, the door hinge and pivot market is highly competitive, with key players like Dorma, Hutlon, and ASSA Abloy driving market growth through their innovative product offerings and strong market presence. While the specific sales revenue figures for these companies are not available, the overall market size and growth indicate the promising prospects of the industry.

What Are The Key Opportunities For Door Hinge and Pivot Manufacturers?

The global door hinge and pivot market is experiencing significant growth due to the increasing construction activities across the globe. Factors such as urbanization, rising disposable income, and technological advancements are driving the demand for doors, thereby propelling the market growth. Moreover, the growing trend of smart homes and increased focus on aesthetics is also contributing to the market expansion. Additionally, the market is expected to witness favorable growth in the coming years, with the introduction of innovative products and advancements in materials used for door hinges and pivots. However, fluctuating raw material prices and intense competition among key players may pose challenges to market growth.

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Market Segmentation

The Door Hinge and Pivot Market Analysis by types is segmented into: