PUBLISHER: 360iResearch | PRODUCT CODE: 1466451
PUBLISHER: 360iResearch | PRODUCT CODE: 1466451
[195 Pages Report] The Door Systems Market size was estimated at USD 335.00 billion in 2023 and expected to reach USD 353.32 billion in 2024, at a CAGR 5.73% to reach USD 494.99 billion by 2030.
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.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 335.00 billion |
Estimated Year [2024] | USD 353.32 billion |
Forecast Year [2030] | USD 494.99 billion |
CAGR (%) | 5.73% |
Material: Growing usage of composite doors for their resistant property
Composite door is integrated with various materials, including PVC, insulating foam, wood, and glass-reinforced plastic. Their robust construction makes them resistant to harsh weather conditions, ensuring longevity. Glass doors are a favorite amongst consumers seeking a modern touch to their premise, owing to their sophistication and aesthetic value. This door type also provides ample light entry, blowing life into spaces. The metal door is excellent for those seeking top-notch security and durability. Manufactured prominently from steel or aluminum, they're less susceptible to damage and warping over time. Plastic doors have surged in popularity for their affordability, low maintenance, and corrosion resistance. Wood doors preserve the timeless appeal, offering a classic touch to any setting. In comparison, there is a significant demand for composite doors for residential purposes due to durability and aesthetics. At the same time, glass doors are mostly used in commercial establishments due to their modern ambiance.
Mechanism: Increasing utilization of revolving door systems in commercial space
Folding door systems offer an unparalleled blend of design flexibility and aesthetic appeal, making them popular across commercial and residential settings. Folding doors make the most efficient use of space, providing seamless transitions between indoor and outdoor areas. Revolving door systems are preferred in high-traffic environments such as commercial offices, shopping centers, and hotels. The self-closing mechanism ensures security and energy efficiency. Sliding door systems are often used in spaces with limited clearance or safety concern places, such as healthcare facilities and warehouses. Swinging door systems are ubiquitous in retail spaces and offices owing to their functional simplicity and elegant design. In comparison, folding door systems lead in terms of design versatility, while revolving door systems score high on energy efficiency and security, thereby making them appropriate for commercial settings.
Technology: Consumer preference for automatic doors as it provide more convenience
Access control doors require a certain level of access control to ensure restricted entry, predominantly deployed in commercial buildings. The need-based preference for these doors comes from institutions demanding high levels of security. Automatic doors are a popular choice amongst retailers, hospitals, and airports, as they provide ease of access, especially in high-footfall areas. Manual doors are preferred mainly by residential users due to their cost-effectiveness and simplicity. In comparison, access control doors offer superior security, automatic doors deliver convenience, and manual doors provide cost-effectiveness.
Application: The significant role of door systems in residential construction due to the blend of durability, design, and cost-effectiveness
In non-residential construction, door systems are critical in shaping the overall establishments' safety, aesthetic appeal, and energy efficiency. The manufacturers design these doors to withstand heavy traffic usage, enhance security, and reduce environmental impact. Residential construction offers a different set of requirements for door systems, where the focus shifts more toward customizable designs and practicality. Homeowners highly value the aesthetics, insulation properties, and durability of their door systems, all while considering cost-effectiveness.
Regional Insights
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.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Door Systems Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Door Systems Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
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, Hormann 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..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Door Systems Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Door Systems Market?
3. What are the technology trends and regulatory frameworks in the Door Systems Market?
4. What is the market share of the leading vendors in the Door Systems Market?
5. Which modes and strategic moves are suitable for entering the Door Systems Market?