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Door Systems Market worth $293.85 Billion by 2020

Post Time:Jul 23,2015Classify:Company NewsView:581

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.


Browse 275 market data tables and 51 figures spread through 261 pages and in-depth TOC on “Door Systems Market - Global Trends & Forecasts to 2020"


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The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The key countries are covered and their market sizes forecasted for each region. Further, the market is segmented and revenues are forecasted on the basis of applications.


The door systems market is mainly driven by the improvement in construction industry and the increase in the spending by end consumers for high-valued doors. With innovation in the door systems and rising competition in the door systems market, the manufacturers are also opting for quality and low maintenance doors to attract customers.


The global door systems market is projected to reach USD 293.85 Billion by 2020, with a CAGR of 5.82% from 2015-2020. 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.


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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Source: MarketsandMarketsAuthor: shangyi

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