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    North American Facade Anchor Systems Market Report

    North American Facade Anchor Systems Market Report
    Report code - SR1069 Published On : Aug,2021 No. of Pages: 46
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    North American Façade Anchor Systems Market Size, Share, Trend, Forecast, Competiti See more...

    Impact of COVID-19 on North American Facade Anchor Systems Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on North American Facade Anchor Systems Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Highlights

    The trend of deploying anchors during casting concrete channels, which delivers flexibility in mounting brackets closer to the edge of the concrete, has given an impetus to the demand for facade anchors. Significant demand for anchoring and fixing solutions from both new building construction as well as old building cladding restoration is attributed to escalating the demand for facade anchors in the North American construction industry. 

    The ever-growing construction industry was hit hard with the sudden outbreak of the COVID-19 pandemic, imprinting heavy financial losses to the industry stakeholders in the year 2020. Although the North American facade anchor systems market represents a petite share of the industry, it could not escape from the severe impact of the pandemic. As a result, the region’s facade anchors market registered a decline of about 10% in 2020, creating significant losses for industry stakeholders serving the market.

    However, the market is likely to recoup at an impressive rate in the near term, supported by promising housing starts of the USA, expected recovery in the economy, growing North American construction spending, and a gradual shift from low-rise buildings to mid-and high-rise buildings as well as skyscrapers. Furthermore, there is a strong demand for the restoration of the older facade or exterior claddings, which ensures a resilient outlook for the market in the coming years.

    Market Segments' Analysis

    Based on the application type, the facade anchor systems market is segmented as curtain wall, rain-screen cladding, and others. Curtain wall is likely to retain its gigantic lead in the market in the foreseen future, driven by increasing demand from high-rise towers and the growing need for restoration of older facades. Rainscreen cladding is likely to offer impressive growth opportunities in the post-pandemic scenario.

    Based on the product type, the market is segmented as facade anchor and masonry anchor. Facade anchor is expected to remain the larger segment of the market during the forecast period. Increasing tall towers with the growing need for efficient fastening and anchoring solutions has led to a significant increase in the demand for façade anchors from external facade claddings. Masonry anchor is also likely to offer sizable market opportunities in the market during the forecast period.

    In terms of country, the USA is expected to remain the vanguard of the facade anchor systems market in North America during the forecast period. The USA is the growth engine of the region’s market with the presence of major façade anchor OEMs, distributors, and raw material suppliers. Most of the façade anchor system suppliers have their presence in the region to address the emergent needs of OEMs.

    Key Players

    The market for facade anchor systems is gradually consolidating with some companies are quickly gaining the leading position in the market. For instance, Halfen Company is a leading North American supplier of facade anchor systems for a wide range of industries. The following are the key players in the facade anchor systems market.

    • WireBond
    • Heckmann Building product
    • Gridworx
    • Knight Wall Systems
    • EJOT Holding GmbH & Co. KG
    • KEIL Befestigungstechnik GmbH
    • Monarch Metal
    • Halfen
    • Fischer Group of Companies
    • Hilti Group
    • Simpson strong Tie

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s facade anchor systems market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyses the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants and investors in identifying the low-hanging fruits available in the market and formulating the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The North American facade anchor systems market is segmented into the following categories. 

    North American Facade Anchor Systems Market, by Product Type

    • Façade Anchor: Trend and Forecast
    • Masonry Anchor: Trend and Forecast

    North American Facade Anchor Systems market, by Application Type

    • Curtain’s wall: Trend and Forecast
    • Rainscreen cladding: Trend and Forecast
    • Others: Trend and Forecast

    North American Facade Anchor Systems market, by Region

    • North America (Country Analysis: The USA and Canada)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

    Frequently Asked Questions (FAQs)

    The North American facade anchor system market is estimated to grow at a healthy CAGR of 5.4% by 2026.

    Halfen, EJOT, Wire-Bond, Heckmann Building product, Hilti Group, Gridworx, Knight Wall Systems, and Monarch Metal are the leading players active in the North American facade anchor systems market.

    The USA is estimated to remain dominant in the facade anchor systems market in the foreseen future.