FAQs

Hardware Global Market Report 2022 – By Type (Furniture Hardware, Motor Vehicle Hardware, Builder's Hardware, Other Hardware), By End-User (B2B, B2C), By Sales Channel (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2022-2026

What is the definition of the hardware market?

The hardware market consists of the sales of metal hardware by entities (organizations, sole traders or partnerships) that produce metal hardware, such as metal hinges, metal handles, keys, and locks (except coin-operated, time locks).

How will the hardware market drivers and restraints affect hardware market dynamics? What forces will shape the hardware industry going forward?

The hardware market growth is aided by metal consumption by the aerospace sector. However, some hardware market restraints include geopolitical tensions.

What is the forecast market size of the hardware market?

The hardware market is expected to reach $144.23 billion in 2026 at a rate of 7.3%.

How is the hardware market segmented?

The global hardware market is segmented -
1) By Type: Furniture Hardware, Motor Vehicle Hardware, Builder's Hardware, Other Hardware 2) By End-User: B2B, B2C 3) By Sales Channel: OEM, Aftermarket

Which region has largest share, and what is the market size and growth by geography according to the hardware global market report?

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Who are the key players of the hardware market?

Top competitors in the hardware market are Assa Abloy AB, Dormakaba Holding AG, Allegion PLC, Hafele GmbH & Co KG, Blum Inc, Tyman PLC, Hettich Holding GmbH & Co. oHG, Spectrum Brands Holdings Inc, Guangdong KinLong Hardware Products Co. Ltd, and MISUMI Group Inc.

What are the key trends in the hardware market?

Major trends influencing the hardware market include using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns.

What are the major opportunities in the hardware market and the approaches companies can take to take advantage of them?

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How does the hardware market relate to the overall economy and other similar markets?

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