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Hinging on trade: Manufacturers will look for growth abroad amid high import penetration



Abstract

Hardware Manufacturing in the US

The Hardware Manufacturing industry is struggling, yet fighting, as it faces various problems, most stemming from international competition. Revenue fell every year from 2003 to 2010, but this trend has since reversed. The rapidly rising tide of low-cost imports continues to erode industry revenue and reinforce a focus on price-based competition. The level of price-based competition prevents domestic manufacturers from implementing price increases despite rising production costs. Furthermore, many companies are moving operations to countries where operating costs are lower, allowing them to earn better profit margins. The industry will continue to experience growth over the next five years. IBISWorld anticipates that industry revenue will increase over the next five years.



This industry manufactures various forms of metal hardware. Items produced include metal hinges, metal handles, keys and locks, excluding time locks and coin-operated locks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Hardware Manufacturing in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Assa Abloy AB

Stanley Black and Decker Inc.

Fortune Brands Home and Security

Allegion PLC

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