The global Door Systems
Market is projected to reach USD 293.85 Billion by 2020, with a CAGR of 5.82% from 2015 and
2020. After the economic slowdown, high disposable incomes and changing
lifestyles have led to the improvement in construction which stimulated the
demand in the door industry.
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Browse 275 market data tables
and 51 figures spread through 261 pages and in-depth TOC on “Door Systems
Market by Type (Wood, Metal, Glass, Plastic & Composite), Mechanism
(Swinging, Sliding, Folding, Revolving & Others), Technology (Manual,
Access Control & Automatic), Application (Residential &
Non-residential) & Region - Global Trends & Forecasts to 2020".
Scope of
the Report
This
research categorizes the global door systems market based on type, mechanism,
technology, application, and region:
Based on
Type:
- Wood
- Metal
- Plastic
- Glass
- Composite
Based on
Mechanism:
- Swinging
- Sliding
- Folding
- Revolving
- Others
(stacking and tilt door systems)
Based on
Technology:
- Manual
- Automatic
- Access
Control
Based on
Application:
- Residential
- Non-Residential
Based on
Region:
- North
America
- Europe
- Asia-Pacific
- Rest
of the World (RoW)
The Asia-Pacific region accounted for around 38% of the total
market share in terms of value, followed by the European
and North American regions. However, as the door systems market in developed
countries is getting matured, the market in developing countries such as China
and India are estimated to grow at a higher rate from 2015 to 2020. China is
estimated to grow faster than any other country because of the strong economic
growth in the country along with increase in buildings and high disposable
income.
The
growth of the door systems market is primarily driven by the following:
- Rapid urbanization in emerging economies
- Improvement in construction industry
- Need for greater security
The global door systems market
is marked with intense competition due to the presence of a large number of
both, big and small firms. New product launches, mergers & acquisitions,
and partnerships and expansions are the key strategies adopted by market
players to ensure their growth in the market.
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The key players in the market Masco Corporation (U.S.), Assa
Abloy (Sweden), Fortune Brands Home & Security, Inc. (U.S.), Allegion PLC
(Ireland), Masonite International Corporation (U.S.), Ply Gem Holding Inc.
(U.S.), DuluxGroup Limited (Australia), PGT, Inc. (U.S.), Andersen Corporation
(U.S.) and Jeld Wen, Inc. (U.S.). In this report, the global door systems
market is segmented into type, mechanism, technology, application, and region.
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