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Posted: Feb 25, 2019
The report “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” defines and segments the global door systems market with analysis and forecasting of the global revenues for door systems. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.
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The door systems market has been growing in accordance with the construction industry. With increasing awareness about new technologies implemented on doors and its maintenance and concerns about the quality of doors, people are opting for secure and safe doors.
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)
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The composite door systems market is projected to grow at the highest CAGR of 7.03% from 2015 to 2020. The door systems market was dominated by wooden door systems segments, which accounted for 28.4% of the total market in 2014.
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. 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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The market for door systems is projected to be valued at USD 293.85 Billion by 2020. The Asia-Pacific region is projected to grow at the highest CAGR of 7.42% during the projected period, that is, 2015 to 2020.
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
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues.