North America Swing Door Operators Market is expected to grow with the CAGR of 5.8% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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North America swing door operators market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America swing door operators market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.
For instance:
- In December 2020, ASSA ABLOY has announced a memorandum of understanding (MOU) with LG Electronics Inc. (LG), a leading consumer electronics company for high-end display devices, home appliances, and multimedia goods for the development of a high-quality automatic sliding door equipped with LG’s Transparent OLED digital technology. With this company is looking to expand its product portfolio in automatic doors segment with customized new product for its customers.
ASSA ABLOY is the dominating player in North America swing door operators market. The other key players existing in the market are KONE Corporation, dormakaba Group, DoorHan Group Of Companies, GEZE GmbH, record, PORTALP FRANCE SAS, TORMAX, FAAC GROUP, Security Door Controls, Skylinkhome, NABCO Entrances Inc., Horton Automatics, Terra Universal. Inc., STANLEY Access Technologies LLC, QUAD SYSTEMS LLC, Belco Doors, and CFS Canada among others.
ASSA ABLOY
ASSA ABLOY was established in 1994 and is headquartered is in Stockholm, Sweden. The company is engaged in manufacturing and commercializing of wide range of products in the categories for access solutions across the world. The company have several business segments such as EMEA, Americas, Asia-Pacific, global technologies, entrance system of which entrance system is the market focused segment. The company has several industries categories including Industrial & commercial doors, high-performance doors, residential garage doors, mega doors, loading dock, equipment, maintenance & service, connected entrance solutions, automatic doors in which entrance automatic doors is the market focused category.
For instance,
- In December 2020, ASSA ABLOY has announced a memorandum of understanding (MOU) with LG Electronics Inc. (LG), a leading consumer electronics company for high-end display devices, home appliances, and multimedia goods for the development of a high-quality automatic sliding door equipped with LG’s Transparent OLED digital technology. With this company is looking to expand its product portfolio in automatic doors segment with customized new product for its customers.
The company has wide presence across North America, Europe, Asia-Pacific, and Middle East and Africa. The company also has various subsidiary companies including Yale (U.S.), HID (U.S.), KESO (Switzerland), besom (Switzerland), medeco (U.S.), sargent (U.S.), NMEF, assa abloy (Australia), and NEMEF (The Netherlands) among others.
KONE Corporation
KONE Corporation was founded in the year 1910, and is headquartered in Espoo, Finland. The company focuses on providing elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. The company operates its business via several business segments including new equipment, maintenance, modernization in which new equipment is the market focused segment. The company has product categories elevators, escalators, automatic doors in which automatic doors is the market focused category.
For instance,
- In November 2020, KONE Corporation, introduced a KONE OFFICE FLOW a new solution for commercial-offices buildings, with new connected services such as elevators, personalized access management. With this new launch company looking to expand its product portfolio in commercial buildings segment.
The company has presence across Asia-Pacific, Europe, North America and Middle East and Africa. The company also has various subsidiaries including KONE Elevator India Private Limited (India), KONE S.A. (Belgium), Kone Areeco Ltd. (Saudi Arabia), KONE S.p.A (Italy), Kone México, and S.A. De C.V. (Mexico) among others.
dormakaba Holding
dormakaba Holding was founded in the year 1862, and is headquartered in Rümlang, Switzerland. The company focuses on manufacturing and commercializing of wide range of smart access and security solutions across the world. The company has on product categories such as door hardware, entrance systems, electronical access & data, mechanical key systems, lodging systems, safe locks, interior glass systems in which entrance systems is the market focused category.
For instance,
- In June 2019, dormakaba Holding announced that they have entered into an agreement to acquire Alvarado Manufacturing Co. Inc., based in Chino (CA/USA) to strengthen entrance systems business in North America, which helps the company enhance its performance their revenue.
The company has wide presence across North America, Asia-Pacific, Europe, and Middle East and Africa. The company also has various subsidiary companies including Computerized Security Systems, Inc. (U.S.), Kaba Ilco Inc. (Canada), KeyScan Inc. (U.S.) and Skyfold Inc. (Canada) among others.
