Door Systems Market Worth 293.85 Billion USD by 2020

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Jul 17, 2015, 01:30 ET

DALLAS, July 17, 2015 /PRNewswire/ --

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" published by MarketsandMarkets, The global Door Systems Market is projected to reach USD 293.85 Billion by 2020, with a CAGR of 5.82% from 2015-2020.

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"

http://www.marketsandmarkets.com/Market-Reports/door-systems-market-67462486.html

Early buyers will receive 10% customization on this report.

The market report 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.

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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.

Some of the key players in the market are Masco Corporation (U.S.), Assa Abloy (Sweden), Fortune Brands Home & Security, Inc. (U.S.), Allegion PLC (Ireland), Masonite International Corporation (U.S.), and Ply Gem Holding Inc. (U.S.).

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