The performance of the Hardware Manufacturing industry depends on activity in the downstream customer industries, such as the construction sector and automotive manufacturing. The recessionary effects that have pummeled these industries have flowed on as reduced demand for related hardware. The movement of the US dollar also influences the industry, with high imports pressuring prices and margins. As the economy recovers, demand will return from downstream customers, but import penetration will weigh heavily on revenue growth.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.