About Grab Handles
Grab bars are safety devices that are designed to allow a person to maintain balance, lessen fatigue while standing, hold some of their weight while turning, or have something to grab onto in case of a slip or fall. A caregiver may use a grab bar to support with transferring a patient from one place to another. The bathroom can be a dangerous area for anybody, but particularly for the elderly and people with limited mobility. What’s more, the danger of slip-and-fall can make attending the bathroom or toilet an anxious experience.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Grab Handles market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Invacare Corporation (Switzerland), Whiting Door Manufacturing Corp (United States), Allegion Plc (Ireland), Polar Hardware Mfg. Co., Inc. (United States), AKW Medicare (United Kingdom), Besco Medical (China), BRADLEY CORPORATION (United States), Rugged Ridge (United States), Crown Automotive Sales Co. Inc. (United States), Omix (United States), Dorman Products (United States), Smittybilt Inc. (United States) and Nielsen Hardware Corp (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are American Shifter Company (United States) and Eberhard (United States).
Segmentation Overview
AMA Research has segmented the market of Global Grab Handles market by Type (T- Handles and L- Handles), Application (Automotive [Passenger Car, LCVs, HCVs] and Bathrooms) and Region.
On the basis of geography, the market of Grab Handles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Grab Handles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Carbon Steel will boost the Grab Handles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Handle Design, the sub-segment i.e. Rectangular will boost the Grab Handles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Grab Handles Market Dynamics:
Attributes | Details |
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Growth Drivers | - Vehicle Customization Especially Among Automotive Enthusiasts
- Increasing Demand for Customized Bathroom
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Influencing Trends | - Emerging Popularity Of Automotive Accessories
- Increasing Demand From Hospitals and Care Centers
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Restraints | - Unregularised market can hinder the market growth.
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Road Blocks / Challenges | - Growing Dominance of Local Manufacturers
- Increasing Raw Material Price and Manufacturing Cost
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Gaps & Opportunities | - Introduction of Low Cost Innovative Design of Grab Handles
- Development of New Manufacturing Facilities
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There seems to be no specific product standards for hand rails or grab bars however EN 12182 Assistive products for persons with disability- General requirements and test methods could be considered, and some specifications could be found in ISO 21542 Building construction — Accessibility and usability of the built environment (Chapter 14).
Key Target Audience
Manufacturers of Grab Handles, Suppliers of Grab Handles, Wholesalers, Distributors and Retailers of Grab Handles, Raw Material Providers, Automotive Industry, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.