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Door Systems Market worth $494.99 billion by 2030, growing at a CAGR of 5.73% - Exclusive Report by 360iResearch

02-22-2024 10:40 AM CET | Industry, Real Estate & Construction

Press release from: 360iResearch

Door Systems Market | 360iResearch

Door Systems Market | 360iResearch

The "Door Systems Market by Material (Composite Door, Glass Door, Metal Door), Mechanism (Folding Door Systems, Revolving Door Systems, Sliding Door Systems), Technology, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Door Systems Market to grow from USD 335.00 billion in 2023 to USD 494.99 billion by 2030, at a CAGR of 5.73%.

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Door systems are a significant, often overlooked, part of the architecture and design of every building. They serve as both functional elements and aesthetic features that contribute to the overall comfort, safety, and appeal of a building. Various types of door systems are customized based on the building's purpose, design, safety regulations, and the specific needs of the users. These include hinged doors, sliding doors, revolving doors, balanced doors, automated doors, and more. Each comes with different operational mechanisms and design options, affording ample opportunities for personalization and tailor-made solutions for each project. The global door systems have been experiencing steady growth primarily due to increasing construction activities worldwide, along with growing expenditures on home renovation activities. In contrast, fluctuating raw material prices and malfunctioning and failing door systems hamper market growth. However, several vendors are investing in R&D to overcome these issues and developing innovative solutions and strategies to steer the growth and expansion of the door systems. Moreover, technological advancements in door systems and the growing demand for energy-efficient door solutions significantly contribute to market expansion.

In the Americas, buoyed by robust construction and infrastructural growth in both residential and commercial sectors, the demand for door systems is quite significant. This region is mainly inclined towards premium, energy-efficient doors, primarily wood and steel. The stringent federal and state-level energy norms further accelerate the demand for technologically advanced 'green' door systems. Furthermore, in the EMEA, consumer demand gravitates towards sustainable and intelligent door systems. Several companies are making significant R&D investments to meet these needs. European countries show a strong preference for high-quality wood and fiberglass doors. At the same time, the Middle Eastern nations tend towards steel and aluminum doors due to their high durability in extreme weather conditions and enhanced security features. Africa presents a rapidly growing market with significant potential for low-cost and durable door systems. Moreover, in the APAC region, rapid urbanization coupled with a growing middle-class population is fueling the growth of door systems. Several countries are favoring affordable and durable UPVC and aluminum doors. The recent adoption of the 'smart homes' concept in these regions also spurs market expansion.

Market Segmentation & Coverage:

This research report categorizes the Door Systems Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Material, market is studied across Composite Door, Glass Door, Metal Door, Plastic Door, and Wood Door. The Plastic Door is projected to witness significant market share during forecast period.

Based on Mechanism, market is studied across Folding Door Systems, Revolving Door Systems, Sliding Door Systems, and Swinging Door System. The Sliding Door Systems is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Access Control, Automatic, and Manual. The Automatic is projected to witness significant market share during forecast period.

Based on Application, market is studied across Non-residential Construction and Residential Construction. The Residential Construction is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.01% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Door Systems Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Door Systems Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Door Systems Market, highlighting leading vendors and their innovative profiles. These include Allegion PLC, Alside by Associated Materials, LLC, Andersen Corporation, ARCAT, Inc, Assa Abloy AB, Atrium Windows & Doors, Inc. by Ply Gem Holdings, Inc., dormakaba International Holding AG, Fancy Doors & Mouldings Ltd., Fenesta Building Systems, Gilgen Door Systems AG, Hörmann KG Verkaufsgesellschaft, JELD-WEN Australia Pty Limited, Jeld-wen, Inc., Lansing Building Products, Masco Corporation, Masonite International Corporation, Milgard Manufacturing, LLC, PDQ DOOR COMPANY, INC., Pella Corporation, PGT Innovations, Inc., Plastpro 2000, Inc., Royal Boon Edam International B.V., SoftLite Windows & Doors, Therma-Tru Corp. by Fortune Brands Innovations, Inc., and Woodgrain, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Door Systems Market, by Material
7. Door Systems Market, by Mechanism
8. Door Systems Market, by Technology
9. Door Systems Market, by Application
10. Americas Door Systems Market
11. Asia-Pacific Door Systems Market
12. Europe, Middle East & Africa Door Systems Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Door Systems Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Door Systems Market?
3. What is the competitive strategic window for opportunities in the Door Systems Market?
4. What are the technology trends and regulatory frameworks in the Door Systems Market?
5. What is the market share of the leading vendors in the Door Systems Market?
6. What modes and strategic moves are considered suitable for entering the Door Systems Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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