UAE's Hotel Revenue Growth and Tourism Expansion Fuel Demand for Automated Garage Doors [Yahoo! Finance]
ASSA ABLOY UNSP/ADR (ASAZY)
NASDAQ:AMEX Investor Relations:
assaabloy.com/en/com/investors
Company Research
Source: Yahoo! Finance
5.65%. Urbanization in the UAE and Saudi Arabia fuels demand for garage doors, driven by mega-infrastructure projects like Dubai Urban Master Plan 2040 and NEOM. The market sees robust growth in the residential sector, particularly with sectional and metal doors, amid rising housing projects. However, high initial costs and a skilled labor shortage are key restraints. Saudi Arabia leads, followed by strong market activity in the UAE and Qatar. Key players include Hörmann and ASSA ABLOY. GCC Garage Door Market Dublin, Jan. 16, 2026 (GLOBE NEWSWIRE) -- The "GCC Garage Door Market Research Report 2026-2031" has been added to ResearchAndMarkets.com's offering. The GCC witnessed sustained urbanization with the presence of countries such as the UAE and Saudi Arabia, which spurred the new residential communities and modern urban facilities. For instance, UAE with more than 4 million residents across Dubai and Abu Dhabi is significantly supporting the major infrastructure planning such
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- Why The Narrative Around ASSA ABLOY Is Shifting After Fresh Analyst Target Upgrades [Yahoo! Finance]Yahoo! Finance
- OpenGate Capital Portfolio Company Sargent and Greenleaf Completes Sale of Security Locking Division to ASSA ABLOY [Yahoo! Finance]Yahoo! Finance
- ASSA ABLOY acquires Sargent and Greenleaf in the USPR Newswire
- ASSA ABLOY acquires Sargent and Greenleaf in the USPR Newswire