Door Systems Market

Door Systems Market – Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2018 – 2026
A door system is a panel that is used at the entrance of a building,
room, and house. Door systems are made of hard and impermeable
materials such as metal, wood, and fiberglass. Based on application,
the door systems market can be divided into residential construction
and non-residential construction. In both segments, wooden door
systems are highly preferred, due to their aesthetic appeal, natural
look, superior finish, and durability. Moreover, wooden doors are easier
to paint, repair, and maintain. However, due to changes in lifestyle,
demand for other types of door systems, such as automatic fiberglass
door systems, is rising. The door systems market is expected to expand
at a considerable pace in the near future.
The global door systems market is primarily driven by rise in the
demand for premium architectural doors and increase in construction
activities in residential and commercial sectors. Increasing demand for
high-quality doors with low maintenance, rising spending power of
people, and changing lifestyles are projected to augment the door
systems market during the forecast period. Energy-efficient doors help
in minimizing the heat exchange and air leakage. Hence, growing
technological advancements and rising government initiatives to
promote energy-efficient doors are anticipated to drive the door
systems market in the next few years. Moreover, increasing concerns
regarding security and, thereby, safety doors are expected to propel
the market during the forecast period. However, rising costs of raw
materials and low profit margins for vendors are likely to hinder the
door systems market in the near future. Moreover, lack of skilled labor
and increase in operating expenses are expected to pose challenges for
the global door systems market during the forecast period.
Nevertheless, innovative door systems, growing urbanization, and rising
construction of energy-efficient buildings are expected to create
significant opportunities for the global door systems market during the
forecast period.
The global door systems market can be classified based on type,
mechanism, technology, application, and region. Based on type, the
market can be segmented into metal door systems, glass & fiberglass
door systems, wood door systems, and plastic & composite door
systems. In terms of mechanism, the market can be categorized into
sliding doors, revolving doors, swinging doors, folding doors, and others
(including tacking and tilt doors). Based on technology, the market can
be classified into automatic, access control, and manual. In terms of
application, the market can be segmented into non-residential
construction and residential construction. Based on region, the global
door systems market can be classified into North America (the U.S.,
Canada, and Mexico), Europe (Germany, the U.K., France, Italy, Russia,
and Spain), Asia Pacific (China, Japan, India, Singapore, Australia,
Malaysia, Thailand, Indonesia, the Philippines, Vietnam, and South
Korea), Middle East & Africa, and South America.
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Some of the major players operating in the global door systems market
are Masco Corporation, Ply Gem Holding Inc., Assa Abloy, Masonite
International Corporation, Fortune Brands Home & Security, Inc.,
Allegion PLC, DuluxGroup Limited, Jeld-Wen, Inc., PGT Inc., Atrium
Windows & Doors, Andersen Corporation, YKK AP, Hörmann, Masco, MI
Windows and Doors, Türelemente Borne, Marvin Windows and Doors,
Metaflex, Vicaima, and Dormakaba. Key companies focus on increasing
their R&D capabilities to diversify their product range. They are also
enhancing distribution channels and quality of their products with the
introduction of new designs in order to gain market share. Players
operating in the global door systems market are likely to face
competition from regional players. This is likely to lead to introduction
of several products in the market during the forecast period. With
increasing competition in the market, key players are focusing on
mergers & acquisitions so as to expand their product portfolio and
enhance their geographical presence in the door systems market.
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Door Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

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