The hardware manufacturing market includes establishments engaged in manufacturing metal hardware, such as metal hinges, metal handles, keys, and locks (except coin-operated, time locks).
Hardware Manufacturing Global Market Size
The global hardware manufacturing market was valued at $185.5 billion in 2017. Asia Pacific was the largest geographic region accounting for $81.8 billion or 44.1% of the global market. The USA was the largest country accounting for $40.6 billion or 21.9% of the global hardware manufacturing market.
Hardware Manufacturing Global Market Trend
Metal powder bed fusion 3D printing (or additive manufacturing) technique is recently being utilized by hardware manufacturing industry to manufacture metallic parts in short time and reduce tooling costs. These printers produce extremely intricate shapes and high-end components used in low-volume products, such as supercars, aircraft, satellites and medical equipment. 3D printing is also able to create voids inside objects far more easily than subtractive manufacturing hence it can manage and increase the range of possible designs.
The companies covered are Allegion, Spectrum Brands, Assa Abloy, Aoyama Seisakusho (Japan), and Ningbo Jiulong Fasteners.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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