The Hardware Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hardware Market?
The Hardware Global Market Report 2025 market has observed substantial growth in recent years. The market size was $127.14 billion in 2024 and is expected to reach $135.43 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 6.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hardware Industry?
The projected market size for the Hardware Global Market Report 2025 is set to reach $164.56 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 5.0%.
Download Your Free Sample of the 2025 Hardware Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Hardware Market?
The key drivers in the hardware market are:
• Rapid urbanization leading to increased demand
• Government support for the hardware industry
• Increased metal consumption by the aerospace sector
• Evolution and growth of the automotive industry
Global Market Segmentation: Identifying Major Hardware Industry Segments
The hardware market covered in this report 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
Pre-order the 2025 Hardware Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Hardware Market?
The key trends in the hardware market are:
• The introduction of metal additives in manufacturing processes is an emerging trend.
• There is a surge in focusing on new design innovations in the hardware sector.
• Strategic collaborations and acquisitions among market players are shaping the market future.
• The emphasis on net zero carbon products and use of recycled metals is a significant upcoming trend.
Who Are the Top Competitors & Leading Players in the Hardware Market?
Major companies in the hardware market are:
• Assa Abloy AB
• Allegion PLC
• Blum Inc.
• Hafele GmbH & Co KG
• Dormakaba Holding AG
• Hindalco Industries Limited
• Vintron Informatics Ltd
• Siemens AG
• Hakimi Traders L.L.C
• Mitsubishi Electric Corporation
• Hettich Holding GmbH & Co. oHG
• Guangdong KinLong Hardware Products Co. Ltd.
• Intex Technologies India Ltd
• China Northern Heavy Industries Group Corporation
• China National Building Material Group Corporation
• The Process Enterprise
• Bharat Heavy Electricals Limited
• Hyundai Heavy Industries Co., Ltd.
• D-Link India Ltd
• Cerebra Integrated Technologies Limited
• Johnson Bros. Roll Forming Co
• WASEEM TRADERS
• PPC Ltd
• OAO Vyksa Steel Works (VSW)
• PJSC Magnitogorsk Iron and Steel Works
• SACO
• Routebr Trading Company
• Amerock
• Emtek
• Atlas homewares
• Godrej
• Jonathan Goulart
• Gem Manufacturing Co
• Bolt Depot
• Rockwell Automation Incorporation
• Midex General Trading LLC
• Kinter
• Tata Steel Limited
• Tyman PLC
• Strybuc Industries
• Argos Puxadores LTDA
• Express Micro Informatica
• Rusal
• Curacao Do Brazil Ltda
• Wisersoft
• Cabos Weis
• KFH Metal Stamping
• Albatroz Comercio e Servicos Eireli ME
• Schlage Lock Company LLC
• Zoomlion Heavy Industry Science and Technology Co., Ltd.
• QCMI Corp
• MISUMI Group Inc.
• Hangzhou Hardware Products Co., Ltd.
• CREATIVE SHELF
• Saturno Tecnologia
• Schneider Electric SE
• ABB Ltd
• Eaton Corporation Plc
• Emerson Electric Co
• NETCONFIG
• Spix Trade-Alexandre Medeiros Rolim
• Sephaku Holdings Ltd
• Rostec
• Novolipetsk Steel (NLMK)
• Tshu Trading Co., Ltd
• Afrimat Ltd
• Proteck Electronic Trading LLC
• Siegenia-Aubi KG
• DOUBLE METAL NIGERIA LTD
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the hardware market in 2024
