Business & Market

The ASSA ABLOY Group has a global market share of over 10 percent but with large variations between different markets.

Today, ASSA ABLOY is the global leader in total door opening solutions. As the Group has grown, our product portfolio has expanded and evolved to cover the widely varying needs of airports, schools, hospitals, stadiums, offices and homes.

ASSA ABLOY's world-leading market presence is based on three strategies:

  1. Exploiting the strength of the brand portfolio
  2. Increasing growth in our core business
  3. Expanding into new markets and segments

These market strategies have been successful through a combination of organic and acquired growth focused on profitable, expanding markets and segments.

ASSA ABLOY is the global market leader and has four main competitors, which partly operates in its segment:

  • Allegion (USA)
  • Stanley Black & Decker (USA)
  • dorma+kaba Group (Switzerland)
  • Hörmann (Germany)

These four are strong local players on their home markets and also have international presence. The Asian market is still very fragmented; even the largest manufacturers have modest market shares.