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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.
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Door Systems Market Global Door Systems Market is expected to reach USD 293.85 Billion by 2020 View Full Report @ https://bit.ly/2T37eXx
Introduction • 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. View Full Report @ https://bit.ly/2T37eXx
Drivers 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 View Full Report @ https://bit.ly/2T37eXx
Industry Insights • The door systems market has been growing in accordance with the construction industry. • With an increasing desire for security, convenience, and concerns about the environment, people are opting for high quality doors for residential as well non-residential purposes. • Increasing disposable incomes of people, rapid urbanization, innovation in door systems, and increase in building construction have driven the growth of the door systems market. • In addition to this, the growing trend of green buildings and the rising demand for energy efficient building material would support the growth of the door systems market over the forecast period. View Full Report @ https://bit.ly/2T37eXx
Regional Insights • 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. View Full Report @ https://bit.ly/2T37eXx
Key Players • 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.). View Full Report @ https://bit.ly/2T37eXx
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