Latest news with #ASSAABLOY
Yahoo
08-08-2025
- Business
- Yahoo
Traka Celebrates 30 Years of Innovation in Intelligent Key and Asset Management
OLNEY, England, August 08, 2025--(BUSINESS WIRE)--Traka, an ASSA ABLOY company and global leader in intelligent key and equipment management solutions, is excited to announce its 30 years of innovation in intelligent key and asset management. What began as a custom solution for British Airways has grown into a global leader in intelligent key and asset management. Traka, now celebrating its 30th anniversary, is marking three decades of innovation, expansion, and impact across more than 30 industries worldwide. In 1995, Traka's founder, John Kent, responded to a unique challenge: British Airways needed a secure and trackable way to manage critical keys, something the market didn't yet offer. Kent built the first Traka key cabinet, setting the foundation for what would become a new category in access management. That first electronic key cabinet was just the beginning. Over the past three decades, Traka has transformed from a hardware manufacturer into a comprehensive technology provider. Its range of intelligent lockers and electronic key cabinets has expanded to include solutions for weapon & evidence storage, fleet vehicles, manufacturing tools, retail assets, government and sensitive equipment and spaces, each designed to meet the specific needs of high-security and compliance-driven environments. The introduction of TrakaWEB, a powerful centralized platform, redefined how organizations monitor and control access. With real-time visibility and automated audit trails, Traka's systems have helped clients move from reactive to proactive asset management, boosting accountability and operational efficiency. Having been acquired by the ASSA ABLOY Group in 2012, Traka has further accelerated its global reach and technical innovation, integrating with leading access control and compliance platforms. Today, Traka's intelligent systems are trusted across every sector, from critical infrastructure and healthcare to education, transportation, law enforcement and government, data centers, and beyond. Operating in over 70 countries and supporting users in multiple languages, Traka is backed by teams that are local when needed and global when it counts. "Traka's success has always been rooted in listening to the real-world challenges our customers face," said Mike Rimmington, Senior Vice President & Head of Key and Asset Management for ASSA ABLOY Global Solutions. "This milestone is not just a celebration of our past, but a commitment to keep innovating for the future." With its eyes on what's next, Traka continues to scale intelligently, helping organizations protect what matters most with smarter, more secure solutions. About Traka Traka is part of ASSA ABLOY Global Solutions, which provides safe and sustainable cutting-edge technology solutions for physical and digital access management control. As a total solutions provider, ASSA ABLOY Global Solutions is part of the wider ASSA ABLOY Group. Being a global leader in access solutions, the Group operates worldwide with 61,000 employees and holds leading positions in areas such as efficient door opening, trusted identities, and entrance automation. Traka is the global leader in intelligent management solutions for keys and equipment. Their solutions help organizations better control their important assets, improve productivity and accountability, and reduce risk in critical processes. Traka continuously invests in the development of technology to provide leading, innovative, secure, and effective real-world solutions to the challenges that organizations face in managing keys and equipment. Their solutions are tailored to customer needs and requirements, providing the most value and impact on their business. For more information about Traka and our innovative solutions, please visit our website at View source version on Contacts Media Contact: Heather FraserMarketing Manager, Traka Americashfraser@ Mobile: 904-607-0886 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-08-2025
- Business
- Yahoo
[Latest] Global Door Closer Market Size/Share Worth USD 5.83 Billion by 2034 at a 4.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Door Closer Market size & share revenue was valued at approximately USD 3.87 Billion in 2024 and is expected to reach USD 4.01 Billion in 2025 and is expected to reach around USD 5.83 Billion by 2034, at a CAGR of 4.2% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are DHI, Rixson, Securitech, Häfele, MABIS, Stanley Black and Decker, Kaba, Sorensen, ASSA ABLOY, Roto Frank, Norton Door Controls, Allegion, DormaKaba, Biesse, GEZE and others. Austin, TX, USA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Door Closer Market Size, Trends and Insights By Product (Mechanical, Electrical), By Pressure (Hydraulic, Pneumatic), By Operation (Overhead, Floor Spring, Integrated), By End-User (Residential, Commercial, Hospitality, Corporates, Healthcare, Government Facilities, Educational Institute), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' in its research database.'According to the latest research study, the demand of the global Door Closer Market size & share was valued at approximately USD 3.87 Billion in 2024 and is expected to reach USD 4.01 Billion in 2025 and is expected to reach a value of around USD 5.83 Billion by 2034, at a compound annual growth rate (CAGR) of about 4.2% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Door Closer Market @ Overview As per the industry experts at CMI, Industry leaders for example ASSA ABLOY, Dormakaba, GEZE, and Allegion are shifting the market focus towards automation, energy efficiency, and smart integration technologies. There is growing attention towards touchless and sensor-based actuated systems for easier ADA-compliant accessibility in commercial and institutional buildings. These corporations now apply IoT for real-time diagnostics, predictive maintenance, and seamless interfacing with other building systems. Design automation is shifting toward eco-conscious practices such as low-energy hydraulic systems and materials that are more easily recyclable. Joining forces with architects, construction companies, proptech startups, and other designers is boosting product flexibility and compliance with international safety regulations and sustainable urban infrastructure goals. Key Trends & Drivers Smart Building Projects Increase the Need for Construction Advanced Technology: The construction of commercial. Smart and residential buildings are increasing the need for IoT systems with upgraded doors due to automated access control systems. The installation of these doors improves energy consumption, security, and ergonomics. Builders and planners prefer modern doors that link to master control units or allow no contact entry. Such development is backed by policies on intelligent infrastructure in public and private entities in North America, Europe and parts of Asia – Pacific. Growing Fire Safety Emphasis in Compliance with Building Regulations Relating Safety Measures: Increased load on healthcare and educational institutes like schools and colleges has led to strict regulation enforcement of fire and emergency doors prompting the deployment of door closers. The device ensures doors are sealed shut and smoke and fire are contained. EN 1154 and ANSI/BHMA are certifying reliable mechanical or hydraulic door closers which increases new installations or retrofitting systems in homes. Request a Customized Copy of the Door Closer Market Report @ Expanding Hospitality and Commercial Sectors: The ongoing rapid urbanization, along with the global proliferation of hotels, retail outlets, business parks, and shopping malls, has created a new opportunity for robust door closing systems. Advanced commercial structures still emphasize maintenance, pedestrian traffic, and brand image, which derive from contemporary door closer technology. Additionally, increased automation in facilities as well as a greater emphasis on brand image gives rise to the need for automatic or semi-automatic systems that are functional and do not compromise aesthetics; therefore, creativity is needed to make them in slimmer modular designs. Increased Focus on Accessibility and ADA Compliance: The rising emphasis on inclusive infrastructure has necessitated stricter enforcement of legislation such as the Americans with Disabilities Act (ADA) concerning door usability. Educational institutions, government buildings, and healthcare centers are adopting low-energy and adjustable closers that effortlessly permit door operation. Policy incentives coupled with consumer awareness advocating for barrier-free environments further strengthen this driver, especially in developing countries. Report Scope Feature of the Report Details Market Size in 2025 USD 4.01 Billion Projected Market Size in 2034 USD 5.83 Billion Market Size in 2024 USD 3.87 Billion CAGR Growth Rate 4.2% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Product, Pressure, Operation, End-User and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Door Closer report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Door Closer report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Door Closer Market Report @ SWOT Analysis Strengths: Global construction growth, expansion in access control systems, and increased safety regulation policies are all positive for the door closer industry. Top manufacturers blend energy efficiency with robust product durability and accessibility compliance. Market leaders ASSA ABLOY and Dormakaba exhibit stiff brand rivalries as they spend heavily on R&D and subsidized innovation, offering low-maintenance, cost-efficient, sensor-enabled automatic products dominantly in the industry. Weaknesses: Adoption in older or low-income areas is hindered by high retrofit and installation costs worsened by limited maintenance service networks specializing in IoT closers. These emerging markets targeting a low-end price tier create compliance barriers stagnating technology innovation from niche players. In addition, the shift from traditional systems to smart systems is further stalled, creating stagnant demand for high-end offerings, delaying acceleration towards smart systems and conventional products. Opportunities: Expansion of touchless entry systems in a post-pandemic environment boosts the need for sensor-based door closers. With the world setting smart city boundaries, eco-friendly LEED-certified buildings and green construction mark high-growth frontiers for low energy closers structurally aimed at rapid urbanization and government modernization in Asia, Africa, and Latin America. Threats: Fluctuations in the prices of materials such as metal components and hydraulics can alter profit margins. Radical geopolitical relations increase volatility within the supply chain. There is a discernible trend toward automatic sliding doors or RFID-controlled entrances, which may reduce the demand for traditional door closers. Cheaper, lower-quality imitations of products pose a greater threat to more price-sensitive areas. Request a Customized Copy of the Door Closer Market Report @ Key questions answered in this report: What is the size of the Door Closer market and what is its expected growth rate? What are the primary driving factors that push the Door Closer market forward? What are the Door Closer Industry's top companies? What are the different categories that the Door Closer Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Door Closer market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Door Closer Research Report | Fast Delivery Available - [220+ Pages] @ Regional Perspective The Door Closer Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: The North American market for door closers is propelled by strict compliance with building codes and fire safety regulations, as well as the widespread adoption of infrastructure compliant with the Americans with Disabilities Act (ADA). The U.S. and Canada are major contributors, with notable demand from the commercial, institutional, and healthcare industries. The investments in smart buildings as well as retrofitting automated systems for older structures are driving the adoption of automated and integrated door closing systems. Older private and public infrastructure continues to grapple with the stringent energy efficiency and sustainability requirements, which demand sensor-equipped door closers. Europe: The door closer market in Europe is consolidated and focused on the innovation competition within Germany, the U.K., France, and Italy. These countries are construction EN compliance heavy and focus on eco-friendly fire safety compliance and energy efficiency, which in turn drives demand. The region experiences strong adoption of floor springs and integrated closers in commercial and luxury hospitality industries. Furthermore, smart door and door automation systems are gaining popularity in urban residential projects, augmenting the market. Specialized architectural door closers used in refurbishing historical buildings also help boost the market. Asia-Pacific: The door closer market in Asia-Pacific is supported by urbanization, construction of commercial complexes, and growth in the hospitality and healthcare industries. China, India, Japan, and South Korea constitute the region's demand transformer and are increasingly adopting automatic, overhead, and floor spring closers. Sponsored smart city initiatives and regulatory compliance prop up market adoption. The region continues to lead all others in domestic production, cost, complex regulatory frameworks, and short- to mid-term value for international manufacturers; it is a long-term place of opportunity. LAMEA: South America and the Middle East and Africa subregions are characterized by diverse growth patterns amidst increased spending on infrastructure. The hospitality, healthcare, and government construction facilities in Saudi Arabia, UAE, and Qatar are increasing the demand for advanced door closing systems. Safety standards are gaining acceptance in Africa and parts of Latin America. Despite this, some regions struggle with economic stagnation and high dependency on imports, limiting wider market reach. Request a Customized Copy of the Door Closer Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Door Closer Market Size, Trends and Insights By Product (Mechanical, Electrical), By Pressure (Hydraulic, Pneumatic), By Operation (Overhead, Floor Spring, Integrated), By End-User (Residential, Commercial, Hospitality, Corporates, Healthcare, Government Facilities, Educational Institute), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' Report at of the prominent players in the Door Closer Market: DHI Rixson Securitech Häfele MABIS Stanley Black and Decker Kaba Sorensen ASSA ABLOY Roto Frank Norton Door Controls Allegion DormaKaba Biesse GEZE Others Click Here to Access a Free Sample Report of the Global Door Closer Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. Browse More Related Reports: Hepa Filters Market: Hepa Filters Market Size, Trends and Insights By Type (Gas Turbines Filters, Automotive Filters, Cleanroom Filters, HVAC Systems, Air Purifiers), By Application (Commercial & Industrial, Residential), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034 Building Optimization and Commissioning Services Market: Building Optimization and Commissioning Services Market Size, Trends and Insights By Service Type (Electric, Gasoline, Solar), By Building Optimization Technology (Personal, Commercial), By Building Type (Quadricycle, Tricycle), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 US Air Compressor Market: US Air Compressor Market Size, Trends and Insights By Type (Rotary Air Compressors, Reciprocating Air Compressors, Centrifugal Air Compressors, Axial Compressors), By Technology (Portable Air Compressors, Stationary Air Compressors), By Power Source (Electric Air Compressors, Diesel/Petrol Air Compressors), By Application (Manufacturing, Oil & Gas, Food & Beverage, Healthcare, Construction, Automotive, Energy, Mining, Others (Textiles, Chemicals, Pharmaceuticals, etc.)), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 US Material Handling Equipment Market: US Material Handling Equipment Market Size, Trends and Insights By Equipment Type (Forklifts, Conveyors and Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Pallet Jacks and Pallet Trucks, Cranes, Automated Guided Vehicles (AGVs), Robots), By System Type (Automated Material Handling Systems, Semi-Automated Material Handling Systems, Manual Material Handling Systems), By Component (Hardware, Software, Services), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Israel ISO Tank Container Market: Israel ISO Tank Container Market Size, Trends and Insights By Container Type (≤30 ft, >30 ft), By Mode of Transportation (Rail, Marine, Road), By Application (Chemicals, Pharmaceuticals, Petrochemicals, Food and Beverage), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Metal Cutting Machine Market: Metal Cutting Machine Market Size, Trends and Insights By Product Type (Laser Cutting Machine, Waterjet Cutting Machine), By Application (Automotive, Defense & Aerospace, Building & Construction, Electronics and Electrical, Manufacturing, Medical, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Self-Priming Pump Market: Self-Priming Pump Market Size, Trends and Insights By Operation Type (Electric, Diesel, Others), By Material Type (Cast Iron, Stainless Steel, Steel, Alloy Steel, Bronze, Others), By Design Type (Single Stage, Multi-stage), By Application (Chemical & Petrochemical, Refinery, Food and beverages, Water and Wastewater, Dewatering, Irrigation, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 US Fan Coil Market: US Fan Coil Market Size, Trends and Insights By Type of System (Two-Pipe System, Four-Pipe System), By Mounting Type (Horizontal Fan Coils, Vertical Fan Coils), By Control System (Manual Control, Thermostatic Control, Smart Control), By End Users (Residential, Commercial), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 The Door Closer Market is segmented as follows: By Product Mechanical Electrical By Pressure Hydraulic Pneumatic By Operation Overhead Floor Spring Integrated By End-User Residential Commercial Hospitality Corporates Healthcare Government Facilities Educational Institute Click Here to Get a Free Sample Report of the Global Door Closer Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Door Closer Market Research/Analysis Report Contains Answers to the following Questions. Which Trends Are Causing These Developments? Who Are the Global Key Players in This Door Closer Market? What are Their Company Profile, Product Information, and Contact Information? What Was the Global Market Status of the Door Closer Market? What Was the Capacity, Production Value, Cost and PROFIT of the Door Closer Market? What Is the Current Market Status of the Door Closer Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Door Closer Market by Considering Applications and Types? What Are Projections of the Global Door Closer Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Door Closer Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Door Closer Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Door Closer Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Door Closer Industry? Click Here to Access a Free Sample Report of the Global Door Closer Market @ Reasons to Purchase Door Closer Market Report Door Closer Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Door Closer Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Door Closer Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Door Closer Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Door Closer market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established key players fuel market growth. Buy this Premium Door Closer Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Door Closer market analysis. The competitive environment of current and potential participants in the Door Closer market is covered in the report, as well as those companies' strategic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions. For each segment mentioned above, actual market sizes and forecasts have been given. Who should buy this report? Participants and stakeholders worldwide Door Closer market should find this report useful. The research will be useful to all market participants in the Door Closer industry. Managers in the Door Closer sector are interested in publishing up-to-date and projected data about the worldwide Door Closer market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Door Closer products' market trends. Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop their plans. Request a Customized Copy of the Door Closer Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Door Closer Research Report | Fast Delivery Available - [220+ Pages] @ in to access your portfolio
Techday NZ
09-07-2025
- Business
- Techday NZ
HID & ASSA ABLOY win Red Dot for BG100 biometric airport gate
HID and ASSA ABLOY have received a Red Dot Award: Product Design 2025 for their BG100 Speedgate self-boarding biometric eGate in the interior design elements category. The BG100 Speedgate combines HID's Facepod facial recognition technology and document reader with ASSA ABLOY's Speedgate, aiming to deliver a streamlined passenger experience in airports by integrating multiple identity verification features into a single automated access point. This collaborative product is designed to enhance the security and efficiency of passenger processing by supporting faster, secure and contactless transactions across various airport touchpoints. According to HID, the BG100 Speedgate enables use from pre-security checks and VIP lounge access to boarding and immigration, condensing these interactions into a unified interface for both travellers and airport staff. At the technical core of the Speedgate is the HID Facepod solution, which incorporates an advanced camera system, facial recognition algorithms, multi-touch screens and smart LED guidance. This combination of features is intended to improve usability and passenger flow, meeting the requirements of airports that handle significant volumes of travellers each day. The Red Dot Award jury, known for its focus on product design since 1955, recognised the BG100 Speedgate for its design quality and for meeting criteria such as function, seduction, use and responsibility. Entries for this edition of the awards were submitted from over 60 countries and evaluated by a panel of experts from 21 countries, including designers, professors, journalists and consultants. Vito Fabbrizio, Vice President Product Management and Innovation, Biometric Identity Technologies at HID, said: "We're proud to be recognised with a Red Dot Award for a solution that reflects HID's dedication to serving the aviation and travel industry. This award underscores our leadership in biometrics and facial recognition technologies and highlights our commitment to delivering secure, intuitive and best-in-class identity verification experiences for travelers around the world." The Speedgate's physical design allows for flexibility across different airport spaces, with an ultra-modular construction that can be adapted in a variety of colours and sizes. The manufacturers highlight that it has been developed for high-traffic airport environments and features countermeasures such as anti-tailgating, anti-piggybacking and wrong-way passage detection, supporting both operational and regulatory security requirements. The BG100 Speedgate is produced with the ethos of "Moving by Design," which refers to integrating motion, emotion and technology to create a balance between security and passenger convenience in busy public settings. Robert Zimmerman, Head of Business Vertical Airports at ASSA ABLOY, commented on the award: "It's incredibly exciting to see our joint innovation recognised on a global stage. This award is a testament to the power of collaboration and our shared commitment to shaping the future of travel. Together, we're delivering cutting edge solutions that enhance security, elevate the passenger experience and make travel safer and more intuitive." The Red Dot Award: Product Design is regarded as a significant distinction in the international product design landscape. Products considered for this award are required to demonstrate excellence in both aesthetic appeal and usability, as assessed by a diverse panel conducting detailed evaluation and discussion of submitted entries. The BG100 Speedgate is positioned by HID and ASSA ABLOY to address the evolving demand for security and process efficiency within airports and the broader air travel sector, as requirements for contactless and secure identity verification continue to expand.
Yahoo
04-06-2025
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
ASSA ABLOY acquires Kingspan Door Components in Belgium
STOCKHOLM, June 4, 2025 /PRNewswire/ -- ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of high-quality door panels for sectional doors for both residential and industrial applications. "I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "Integrating Kingspan Door Components into the Entrance Systems Division allows us to expand our innovative and competitive component portfolio. This will enable us to provide our customers with an even broader selection of high-quality sectional door panels," says Massimo Grassi, Executive Vice President of ASSA ABLOY and Head of Entrance Systems Division. Kingspan Door Components was founded in 1983 and has some 70 employees. The main office and factory are located in Leuze-En-Hainaut, Belgium. Kingspan Door Components will be part of Sectional Doors and Components in the business segment Industrial within the Entrance Systems Division. Sales for 2024 amounted to about MEUR 25 (approx. MSEK 290). The acquisition will initially be dilutive to EPS. For more information, please contact: Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72 Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: About ASSA ABLOY ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places. This information was brought to you by Cision The following files are available for download: Press release (PDF) kingspan-door-components-photo-panels View original content: SOURCE ASSA ABLOY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
