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04-08-2025
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[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
New York Times
02-08-2025
- Business
- New York Times
After a Lag, Consumers Begin to Feel the Pinch of Tariffs
Companies are starting to shift more tariff-related costs onto consumers. Many businesses chose to absorb the additional tax during the early days of President Trump's trade war. But evidence is emerging that they are running out of options to keep prices stable in the face of deteriorating profit margins, suggesting that the tariffs could have a more pronounced effect on prices in the months ahead. Government data, including from the Commerce Department this week, show that prices rose in June on items heavily exposed to tariffs, such as home furnishings, toys and appliances. And in recent days — before Mr. Trump announced tariffs for much of the world on Thursday night — Adidas, Procter & Gamble, Stanley Black & Decker and other large corporations told investors that they either had increased prices or planned to do so soon to offset the tariff costs. Companies like Walmart and the toymakers Hasbro and Mattel had already warned that tariffs would lead to higher prices. 'We have no interest in running a lower-margin business, particularly due to tariffs,' Richard Westenberger, the chief financial officer of Carter's, a children's apparel maker, said on a call with analysts on July 25. 'And if this is something that's going to be a permanent increase to our cost structure, we have to find a way to cover it.' Economists have been watching for signs of tariff-related price increases since Mr. Trump rolled out his trade policy in the spring. But inflation remained relatively muted, defying expectations and prompting the White House to declare that those who predicted the tariffs would elevate prices were mistaken. Even some forecasters are acknowledging that the tariffs have taken longer to work their way through to consumer prices than initially anticipated. Jerome H. Powell, chair of the Federal Reserve, said during his news conference on Wednesday after the Fed's July meeting that the process might be 'slower than expected at the beginning.' Want all of The Times? Subscribe.
Yahoo
29-07-2025
- Business
- Yahoo
Stanley Black & Decker reports lower second-quarter profit over tariff uncertainty
(Reuters) -Power tools maker Stanley Black and Decker reported a fall in second-quarter profit on Tuesday, hurt by low demand amid price increases due to changing U.S. trade policy, sending its shares down nearly 7% in premarket trading. The Connecticut-based company also said it expects incremental tariff countermeasures in the second half of 2025. "We expect to continue strategically adjusting our costs and inventory to protect earnings power and cash flow," CFO Patrick Hallinan said. The company said the impact to 2025 per share profit was expected to be about $0.65, reflecting the timing and costs required to implement tariff mitigation countermeasures. Its gross annualized tariff impact is currently estimated to be about $800 million, which carries an assumption for country tariffs that include July U.S. policy changes. The company provides tools and industrial products to home improvement retailers, construction businesses and aerospace manufacturers. On an adjusted basis, it earned a profit of $1.08 per share in the second quarter, compared to $1.09 per share a year ago. It posted quarterly revenue of $3.95 billion in the reported quarter, compared to $4.02 billion a year ago. Analysts on average expected Stanley Black & Decker to report a quarterly revenue of $4 billion, according to data compiled by LSEG.
Yahoo
07-07-2025
- Business
- Yahoo
United States Power Tool Accessories Market Outlook Report 2025-2030: A $5 Billion Market by 2030, Growing at a 1.17% CAGR
The U.S. Power Tool Accessories Market, valued at USD 3.30 Billion in 2024, is projected to grow to USD 5 Billion by 2030, with a CAGR of 7.17%. This growth is driven by robust construction and infrastructure projects, particularly in the Western and Southern U.S. regions. Key projects like California High-Speed Rail and Bellevue's Spring District are spurring demand for power tools and accessories. The Midwest and South are emerging manufacturing hubs, benefiting from domestic production shifts and Industry 4.0 investments. Top market players include Stanley Black & Decker, Bosch, and Makita, leveraging strategic partnerships and innovative product lines. U.S. Power Tool Accessories Market Dublin, July 07, 2025 (GLOBE NEWSWIRE) -- The "U.S. Power Tool Accessories Market Research Report 2025-2030" report has been added to U.S. Power Tool Accessories Market was valued at USD 3.30 Billion in 2024, and is projected to reach USD 5 Billion by 2030, rising at a CAGR of 7.17%. KEY DRIVERS OF THE 2025 MARKET SURGE The western region of the U.S. experienced strong economic growth, leading to increased construction activity and a corresponding rise in demand for power tools and accessories. The region's demand for new homes and home remodeling stimulated growth in the power tool accessories market. California High-Speed Rail (CHSR) Overview: An ambitious USD 135 billion project aiming to connect major cities like Los Angeles and San Francisco with trains traveling up to 220 mph. The scale and complexity of this project have led to increased demand for power tools and accessories, particularly in the initial operating segments under construction. WB1200 (Seattle, Washington): Scheduled for completion in 2025, WB1200 is a twin skyscraper complex in Seattle's Denny Triangle neighborhood. The project includes 1,014 apartments and retail space, reflecting the city's ongoing urban development and the associated rise in construction activities. Spring District (Bellevue, Washington): The Spring District is a USD 2.3 billion mixed-use development in Bellevue, Washington. Set to be completed by 2028, the project encompasses residential, office, and retail spaces, significantly contributing to the region's construction landscape. The Foothill Gold Line project is extending the A-Line light rail through Los Angeles County. With Phase 2B1 expected to open in 2025, the project is enhancing regional connectivity and stimulating construction-related activities. The surge in the U.S. power tool accessories market in 2024 and the projected growth in 2025 can be attributed to a combination of large-scale infrastructure projects, particularly in the western region, and regulatory changes facilitating faster project approvals. These factors collectively contribute to increased construction activities, thereby driving the demand for power tools and accessories. MARKET TRENDS & DRIVERS Surging Prominence of United States ManufacturingThrough decades of technological leadership, access to critical resources, and early industrial maturity, the U.S. built a substantial advantage in precision manufacturing and industrial tooling. However, changing global economic dynamics, competitive manufacturing environments in Asia, and evolving domestic market demands have begun reshaping the U.S. power tool accessories market landscape. In response to tariff volatility on imports from China and Southeast Asia, especially during the U.S.-China trade war; several U.S.-based power tool accessory manufacturers have begun relocating production back to the United States or nearby countries in North and Southern U.S. states have emerged as preferred destinations due to available industrial infrastructure, government incentives, and proximity to core construction and automotive markets. Production relocation to Mexico and Canada is also gaining traction to mitigate tariff exposure and logistics bottlenecks while preserving North American supply chain integrity. Moreover, US firms are increasingly investing in Industry 4.0 technologies, including IoT-enabled machine tools, additive manufacturing, and AI-driven predictive maintenance systems, to enhance operational efficiency and precision in accessory South (Texas, Florida), Midwest (Ohio, Illinois), and West (California) continue to lead the demand for power tool accessories due to large-scale residential and commercial construction activity fueled by population growth, real estate development, and federal infrastructure investments. The Infrastructure Investment and Jobs Act (IIJA) has provided a significant boost to accessory demand, especially for industrial and commercial-grade power tool accessories needed in public works and energy in Initiatives in Manufacturer-led ProgramsLeading manufacturers like Bosch, Makita, and DeWalt are expanding professional training and certification programs in key states such as California, Texas, and Florida, where demand for skilled tradespeople and DIYers is strong. Programs like Bosch's Power Tools Academy focus on educating users about proper accessory use, safety, and efficiency, boosting user skills, brand loyalty, and accessory including Illinois, Ohio, and New York are seeing increased adoption of digital platforms by manufacturers like Stanley Black & Decker and Bosch. Heavy investment in e-commerce portals and online marketing improves accessibility to power tool accessories, with smart tools, tutorials, and promotions driving consumer engagement and sales, especially in densely populated areas. Moreover, in southern states like Georgia, North Carolina, and Alabama, manufacturers are introducing financial initiatives such as leasing, zero-percent financing, and trade-in programs to help contractors and dealers access premium accessories with less upfront cost. Companies like Husqvarna and Hilti support dealers with equipment loans, enabling contractors to upgrade regularly and boosting sales through ongoing accessory centers in states like California, New York, and Illinois have embraced manufacturer-led referral and loyalty programs to expand their customer base for power tool accessories. Brands such as Husqvarna have launched loyalty clubs that reward customers for referring friends and making repeat purchases, building a strong community of trusted users. These programs leverage word-of-mouth marketing and social proof to attract new customers while retaining existing ones. Coupled with heavy discount offers and promotional events, these incentives play a crucial role in urban areas where competition is high, and customer engagement through personalized rewards fosters brand loyalty and increases accessory sales.U.S. POWER TOOL ACCESSORIES MARKET COMPETITIVE LANDSCAPEThe U.S. power tool accessories market exhibits a moderately consolidated structure, with intensifying competition among global tool manufacturers, specialized accessory producers, and value-focused private-label brands. Market growth is being driven by expanding DIY culture, increasing residential remodeling activities, and heightened demand for high-performance, precision accessories across both professional contractors and consumer segments. Furthermore, leading brands including Stanley Black & Decker, Robert Bosch, Milwaukee Tool, and Makita U.S.A. continue to strengthen their positions in the U.S. power tool accessories market through product line expansions, battery platform integrations, and smart-enabled accessory innovations. These companies are actively leveraging multi-brand strategies, exclusive retail partnerships, and omnichannel distribution networks to widen their consumer the relatively low product differentiation in certain accessory categories - such as drill bits, saw blades, and sanding pads - has intensified pricing pressures and led to commoditization risks. Additionally, the growing influx of imported, lower-cost accessories from Asian manufacturers is contributing to price erosion and quality perception challenges in the mid-tier segment. Also, the commoditization risk is particularly pronounced in accessory types with minimal differentiation or brand loyalty, which has forced premium players such as Milwaukee, Bosch, and DeWalt to consistently innovate with features like impact-rated accessories, carbide-tipped blades, and precision-ground bits to justify premium pricing and preserve their professional customer brands in the U.S. power tool accessories market are increasingly integrating their accessory products within broader battery platforms and smart-enabled tool systems. For instance, DeWalt's ToughSystem 2.0 and Milwaukee's PACKOUT modular storage systems now feature custom insert trays and accessory bundles, enhancing convenience and cross-selling opportunities at both retail outlets and online stores. Furthermore, retail dynamics in the U.S. power tool accessories market are heavily influenced by exclusive retail partnerships and omnichannel sales strategies. Milwaukee Tool's exclusivity with Home Depot, Diablo's exclusivity with Home Depot, and Kobalt's exclusivity with Lowe's enable these brands to secure dedicated shelf space, promotional support, and consistent consumer exposure in targeted retail Company Profiles Stanley Black & Decker Robert Bosch Milwaukee Tool Makita U.S.A., Inc AIMCO Oregon Tool, Inc. Emerson Electric Co Ridgid SKIL Craftsman Snap-on Incorporated Other Prominent Company Profiles Diablo Tools Ryobi Dewalt Dremel Chicago Pneumatic Matco Tools Cornwell Quality Tools Senco Brands, Inc Paslode Chervon Holdings Limited FEIN Power Tools, Inc FERM Festool GmbH Dynabrade Inc Husqvarna Group Atlas Copco Ingersoll Rand Metabo Proxxon Worx Key Attributes: Report Attribute Details No. of Pages 139 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $3.3 Billion Forecasted Market Value (USD) by 2030 $5 Billion Compound Annual Growth Rate 7.1% Regions Covered United States Key Topics Covered: 1. Scope & Coverage Market Definition Inclusions Exclusions Market Estimation Caveats Market Size & Forecast Periods Historic Period: 2021-2023 Base Year: 2024 Forecast Period: 2025-2030 Market Size (2021-2030) Revenue Market Segments Market Segmentation by Operations Type Market Segmentation by Accessory Types Market Segmentation by End-users Market Segmentation by Industrial End-users Market Segmentation by Distribution Channel 2. Opportunity Pockets3. Introduction Key Drivers of the 2024 Market Surge Key Technological Shifts in the U.S. Power Tool Accessories Market Impact of the Ongoing Tariff War 4. Market Opportunities & Trends Surging Prominence of United States Manufacturing. Integration of Industry 4.0 & Smart Precision Manufacturing in the U.S. Rising Adoption of Eco-Friendly and Recycled Materials in Accessory Manufacturing Growing Emphasis on Safety and Compliance. 5. Market Growth Enablers Surge in Construction Activities Driving Accessory Demand in Key States. Increasing Demand from the Woodworking Industry Rise in Initiatives in Manufacturer-Led Programs Favorable Government Policies and Incentives. 6. Market Restraints Fluctuations in Raw Material Pricing Consumer Privacy Concerns in the U.S. Power Tool Accessories Market High Competition & Price Sensitivity in the Market Diversified and Versatile End-user Requirements 7. Market Landscape Five Forces Analysis 8. Operations Type Covered: (Market Size & Forecast: 2021-2030) Cutting Drilling Fastening Routing and Planning Others 9. Accessory Types Covered: (Market Size & Forecast: 2021-2030) Drill Bits Circular Saw Blades Batteries Screwdriver Bits Reciprocating Saw Blades Jigsaw Blades Band Saw Blades Abrasive Wheels Router Bits Others 10. End-users Covered: (Market Size & Forecast: 2021-2030) Industrial Commercial Residential 11. Industrial End-users Covered: (Market Size & Forecast: 2021-2030) Energy Construction Aerospace Automotive Electronics Shipbuilding Others 12. Distribution Channel Covered: (Market Size & Forecast: 2021-2030) Offline Online 13. Geography (Market Size & Forecast: 2021-2030) 14. Competitive Landscape Competitive Overview Key Developments 15. Key Company Profiles 16. Other Prominent Company Profiles 17. Report Summary Key Takeaways Strategic Recommendations For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Power Tool Accessories Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error 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
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Why Stanley Black & Decker Stock Trounced the Market on Tuesday
The latest executive hire by Stanley Black & Decker (NYSE: SWK) continued to be well received on Tuesday, a day after it was announced. This was bolstered by an analyst's price target rise, although that pundit left his rather lukewarm recommendation intact. Stanley Black & Decker's shares ended the day almost 4% higher in price, essentially obliterating the S&P 500 index with its 0.1% decline. Major C-suite changes coming In an endorsement of the ever-popular "promote from within" corporate policy, Stanley Black & Decker announced on Monday that current COO Christopher Nelson will become its CEO on October 1. Nelson, who also serves as the company's president of the tools and outdoor segment, replaces outgoing CEO Donald Allan. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The departing CEO, already on the company's board of directors, will become executive chair of the board on that date. In its announcement of the transition, Stanley Black & Decker felt compelled to mention that it continues to expect its second-quarter GAAP (generally accepted accounting principles) and non-GAAP (adjusted) earnings to come in above its previously released guidance. This is always music to investors' ears. A notable price target lift The day after, prior to market open, Stanley Black & Decker got something of a thumbs-up from an analyst at a top U.S. bank. Joseph O'Dea of Wells Fargo raised his price target on the stock at a double-digit rate, cranking it to $70 per share from his previous $60. That gave its latest moves something of an endorsement, even though O'Dea maintained his equal weight (neutral) recommendation on the stock. Stanley Black & Decker does have a brighter future than that, in my view, but much will depend on the ever-impactful U.S. housing market. If that market can perform well and thrive, we should see quite a positive effect on the company's business. Should you invest $1,000 in Stanley Black & Decker right now? Before you buy stock in Stanley Black & Decker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Stanley Black & Decker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor 's total average return is1,069% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
