Germany Construction Anchors Market Size & Outlook
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Germany construction anchors market highlights
- The Germany construction anchors market generated a revenue of USD 242.6 million in 2023 and is expected to reach USD 334.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, mechanical was the largest revenue generating product in 2023.
- Chemical is the most lucrative product segment registering the fastest growth during the forecast period.
Construction anchors market data book summary
| Market revenue in 2023 | USD 242.6 million |
| Market revenue in 2030 | USD 334.9 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Mechanical |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hangers, Mechanical, Chemical, Nail-in, Wall, Others (drywall plugs, drywall screws, and insulation anchors) |
| Key market players worldwide | Hilti Group, Stanley Black & Decker, Illinois Tool Works Inc, Wurth Group, Fischer Group of Companies, MKT Fastening LLC, SFS Group AG, Friulsider, Ceas, Sika AG |
Other key industry trends
- In terms of revenue, Germany accounted for 8.1% of the global construction anchors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany construction anchors market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 106.7 million by 2030.
The rise in government initiatives for economic recovery led to the development of infrastructure projects, thus accounting for the market growth. Another significant factor contributing to the market growth is the continuous investments in civil and construction engineering projects in both the public and private sectors around the world.
Sustainable building methods and energy-efficient structures are highly regulated in Germany. They have the capacity to achieve green construction certifications and environmentally beneficial qualities, thus augmenting the usage of construction anchors in infrastructure, commercial, residential, and industrial applications.
Several construction projects such as Berlin Data Center Campus, Kieler Förde Shipbuilding Facility Development, Lörrach Central Hospital campus Development, Markisches Zentrum Redevelopment, and Eibach South-West School Center are being under construction in Germany.
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Publish Date: Aug 16, 2024
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Construction Anchors Market Scope
Construction Anchors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stanley Black & Decker | View profile | 50,500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | www.stanleyblackanddecker.com |
| Illinois Tool Works Inc | View profile | 45,000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | www.itw.com |
| Sika AG | View profile | 33,547 | Zugerstrasse 50, Baar, Switzerland, 6340 | www.sika.com |
| SFS Group AG | View profile | 13,198 | Rosenbergsaustrasse 8, Heerbrugg, Switzerland, 9435 | www.sfs.com |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | www.hilti.group/content/hilti/CP/XX/en.html |
| MKT Fastening LLC | View profile | 11-50 | Lonoke, Arkansas, United States, North America | www.mktfastening.com/ |
| Wurth Group | View profile | 10001+ | Künzelsau, Baden-Wurttemberg, Germany, Europe | www.wuerth.de/web/de/awkg/kontakt/kontakt.php |
| Fischer Group of Companies | View profile | 251-500 | Germany, Georgia, United States, North America | www.fischer.group/en/ |
| Friulsider | View profile | 101-250 | San Giovanni Al Natisone, Friuli-Venezia Giulia, Italy, Europe | www.friulsider.com |
| Ceas | View profile | 11-50 | Milano, Lombardia, Italy, Europe | www.ceas.it |
Germany Construction Anchors Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Construction Anchors Market Outlook will help companies and investors design strategic landscapes.
Mechanical was the largest segment with a revenue share of 40.11% in 2023.
Horizon Databook has segmented the Germany construction anchors market based on hangers, mechanical, chemical, nail-in, wall, others (drywall plugs, drywall screws, and insulation anchors) covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in government initiatives for economic recovery led to the development of infrastructure projects, thus accounting for the market growth. Another significant factor contributing to the market growth is the continuous investments in civil and construction engineering projects in both the public and private sectors around the world.
Sustainable building methods and energy-efficient structures are highly regulated in Germany. They have the capacity to achieve green construction certifications and environmentally beneficial qualities, thus augmenting the usage of construction anchors in infrastructure, commercial, residential, and industrial applications.
Several construction projects such as Berlin Data Center Campus, Kieler Förde Shipbuilding Facility Development, Lörrach Central Hospital campus Development, Markisches Zentrum Redevelopment, and Eibach South-West School Center are being under construction in Germany.
- Germany Construction Anchors Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hangers
- Mechanical
- Chemical
- Nail-in
- Wall
- Others (drywall plugs, drywall screws, and insulation anchors)
- Germany Construction Anchors Market Material Type Outlook (Revenue, USD Million , 2018-2030)
- Stainless Steel
- Carbon Steel
- Others
- Germany Construction Anchors Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Industrial
- Infrastructural
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Construction Anchors Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Construction Anchors Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Germany Construction Anchors Market, 2018-2030 (US$M)
Germany construction anchors market statistics, by product, 2018-2030 (US$M)
