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The Worldwide Door Closer and Exit Devices Industry is Expected to Grow at a CAGR of 5% During 2020 to 2026 News provided by Share this article Share this article ResearchAndMarkets.com s offering. The global door closer and exit devices market by revenue is expected to grow at a CAGR of approx. 5% during 2020-2026. The global door market is witnessing constant innovations. The increasing demand for better technical features and efficient products is driving the market growth. Key vendors in the market have constantly been adopting innovative features to keep pace with changing regulations and consumer demands, thereby influencing the adoption of door closers and exit devices during the forecast period. They are manufacturing the devices that meet the requirements of recently updated BS8300 standards for low opening forces, CE marking, and compliance with fire regulations. The introduction of CAM-Motion technology, combining an integrated damping device th ....
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Share this article Share this article CHICAGO, April 6, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global door closer and exit devices market report. The door closer and exit devices market is expected to grow at a CAGR of over 4% during the period 2020−2026. Key Highlights Offered in the Report: 1. Door closers accounted for over 68% of the global share in 2020 where integrated door closers are expected to witness high traction in interior door applications. 2. Pneumatic door closer segment expected to pose an absolute growth of around 28% owing to its cost advantages and easy installation during the forecast period. ....