|
Forecast Period
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2024-2028
|
|
Market Size (2022)
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USD 136.44 billion
|
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CAGR (2023-2028)
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6.79%
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Fastest Growing Segment
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Residential
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Largest Market
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North America
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Market Overview
The Global Door Systems Market was valued at USD 136.44 billion in 2022
and is growing at a CAGR of 6.79% during the forecast period. Various folding
and sliding door systems, featuring different types of runners, have gained
popularity in recent years. These systems offer options for all furniture
categories, and their popularity has been further fueled by a wide range of
sizes and materials. Given the booming building sector, there is an increasing
demand for security, convenience, and environmental considerations.
Key Market Drivers
Increasing Urbanization and Construction Activities
The global market for door systems is witnessing substantial growth
driven by increasing urbanization and construction activities. With the world's
population migrating from rural to urban areas, cities are expanding at an
unprecedented rate. This urbanization trend has resulted in a surge of construction
projects encompassing residential, commercial, and infrastructure developments.
Consequently, there is a growing demand for door systems to equip these new
structures.
One of the key drivers behind this trend is the necessity for security,
convenience, and aesthetic appeal in modern buildings. Door systems play a
pivotal role in providing secure access control, energy efficiency, and
architectural enhancement. Whether it be residential apartments, office
complexes, shopping malls, or industrial facilities, all these structures
require a diverse range of doors, including entrance doors, interior doors,
fire-rated doors, and more. The demand for door systems is further fueled by
the growing need for sustainable and energy-efficient solutions in construction,
as doors are critical components in maintaining insulation and thermal
efficiency.
Moreover, the door systems market is being transformed by the adoption
of smart technologies. Automated and Internet of Things (IoT)-enabled doors
that offer remote access control and monitoring are gaining popularity,
particularly in the residential and commercial sectors. With ongoing
urbanization and robust construction activities, the demand for door systems in
the global market is expected to remain steady.
Stringent Building Codes and Safety Regulations
Another significant driver of the global door systems market is the
implementation of stringent building codes and safety regulations worldwide.
Governments and regulatory bodies are increasingly focused on enhancing safety
and security standards in buildings to safeguard occupants and assets. These
regulations often require the use of certified and tested door systems, such as
fire-rated doors, smoke-resistant doors, and hurricane-resistant doors,
tailored to address specific challenges and hazards in each region.
The enforcement of building codes directly impacts the demand for
specialized door systems. For example, regions prone to earthquakes or
hurricanes require doors capable of withstanding extreme weather conditions and
debris impact. Similarly, in high-rise buildings, fire-rated and exit doors
must meet rigorous safety standards to facilitate safe evacuation during
emergencies.
Furthermore, growing environmental concerns have prompted regulations
promoting energy efficiency in buildings. This has resulted in an increased
demand for energy-efficient doors that contribute to temperature control and
reduce heating or cooling costs. Complying with these codes and regulations is
not only mandatory but also vital for the safety and sustainability of
buildings, thus driving the growth of the door systems market.
Technological Advancements and Innovation
The global door systems market is propelled by three key drivers. Technological
advancements and innovation in door system design and functionality take the
lead. In today's fast-paced world, consumers and businesses demand doors that
offer security, convenience, and aesthetics. Consequently, the door
manufacturing industry has been conducting continuous research and development
efforts to meet these demands.
One notable technological advancement is the integration of smart
technology into door systems. Smart doors, equipped with sensors, access
control systems, and connectivity options, have gained popularity across
residential, commercial, and industrial applications. These doors provide
features such as keyless entry, remote monitoring, and integration with home
automation systems, making them highly desirable in the modern world.
Material science also plays a crucial role in advancing door systems.
Manufacturers continually experiment with new materials to enhance strength,
durability, and insulation properties. This has led to the development of
lightweight yet robust composite materials, which are increasingly favored in
door construction.
Furthermore, customization options have expanded, allowing consumers to
choose doors that meet their aesthetic preferences and architectural
requirements. This level of customization was not as readily available in the
past.
In conclusion, the global door systems market is driven by increasing
urbanization and construction activities, stringent building codes and safety
regulations, as well as ongoing technological advancements and innovation.
These drivers shape the door systems industry and are expected to fuel its
growth in the foreseeable future.
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Key Market Challenges
Fluctuating Raw Material Prices and Supply Chain Disruptions
One of the primary challenges faced by the global door systems market is
the volatility in raw material prices and the potential for supply chain
disruptions. The manufacturing of door systems heavily relies on various
materials, including steel, aluminum, wood, glass, and plastics. The prices of
these raw materials can fluctuate significantly due to factors such as global
economic conditions, geopolitical tensions, and supply and demand imbalances.
For example, steel, a fundamental component in many door systems, is susceptible
to price fluctuations driven by changes in the global steel market. Tariffs,
trade disputes, and disruptions in the supply of key raw materials can all
impact the cost of production. These fluctuations can exert pressure on
manufacturers' profit margins, making it challenging to maintain competitive
pricing for door systems.
Furthermore, supply chain disruptions, as exemplified by events like the
COVID-19 pandemic, can hinder the availability of raw materials and components
necessary for door system production. Interruptions in the supply chain can
lead to manufacturing delays, increased lead times, and higher costs. Companies
operating in the door systems market must invest in supply chain resilience and
explore alternative sourcing strategies to mitigate these challenges.
Evolving Building Regulations and Standards
One major obstacle that the global door systems market faces is the
ever-changing landscape of building regulations and standards. Governments and
regulatory bodies worldwide consistently update and tighten building codes and
safety requirements to address environmental concerns, safety considerations,
and technological advancements. While these updates are vital for improving
building safety and sustainability, they also present challenges for door
system manufacturers.
Compliance with new regulations often demands substantial investments in
research and development to develop products that meet the updated standards.
This process can be both costly and time-consuming. Additionally, companies
must continually adapt their manufacturing processes and materials to ensure
compliance, which may require significant capital expenditures.
Furthermore, the diverse regulations across different regions and
countries can complicate international trade for door system manufacturers.
They must navigate a complex web of standards, certifications, and approvals,
which can impede market expansion and increase administrative burdens.
To tackle this challenge, companies in the door systems market must stay
well-informed about the latest regulatory developments, allocate resources for
research and development to meet new standards, and establish streamlined
processes for obtaining certifications and approvals in different regions.
Intense Competition and Price Sensitivity
Intense competition and price sensitivity pose persistent challenges in
the global door systems market. As a mature industry with numerous players,
manufacturers face continuous pressure to differentiate their products while
maintaining competitive pricing. This challenge is further intensified by the
presence of both domestic and international competitors, each striving to
capture market share.
Notably, price sensitivity influences customer decision-making when
selecting door systems for their projects. Manufacturers must navigate price
wars and aggressive pricing strategies, which can erode profit margins and
hinder investment in innovation and quality improvement. In addition, customers
increasingly demand value-added features and customization options without a
willingness to pay significantly more, placing additional pressure on
manufacturers to strike a balance between affordability and quality.
To address these challenges, companies in the door systems market must
prioritize innovation, product differentiation, and value-added services.
Offering energy-efficient solutions, integrating smart technologies, and
providing design customization options can help manufacturers stand out in a
crowded market. Moreover, optimizing operational efficiency and supply chain
management can assist in cost containment, enabling companies to maintain
competitiveness while ensuring profitability. Effective marketing and strategic
brand positioning are also critical in fostering customer loyalty and
justifying premium pricing in a fiercely competitive market.
Key Market Trends
Smart Door Systems and IoT Integration
One of the notable trends in the global door systems market is the rapid
adoption of smart door systems and their integration with the Internet of
Things (IoT). Smart doors are equipped with sensors, connectivity options, and
automation features that enable remote monitoring and control. This trend is
driven by the growing demand for convenience, security, and energy efficiency
in residential and commercial settings.
In residential applications, homeowners are increasingly interested in
smart door locks, video doorbells, and access control systems. These
technologies offer the convenience of remote door access, allowing homeowners
to lock or unlock their doors and monitor visitors through smartphone apps.
Integration with voice assistants like Amazon Alexa and Google Assistant
further enhances the user experience.
In commercial and industrial settings, smart door systems provide
advanced access control, security monitoring, and data analytics. Companies can
utilize these systems to track employee access, monitor door status, and
integrate door access data with other building management systems. This trend
is particularly relevant in sectors such as healthcare, education, and
hospitality, where security and access control are crucial.
The integration of smart door systems with IoT presents possibilities
for predictive maintenance, energy optimization, and enhanced security. As this
trend continues to evolve, manufacturers in the door systems market are
focusing on developing innovative, connected products to meet the increasing
demand for smart solutions.
Sustainable and Energy-Efficient Door Systems
Sustainability and energy efficiency are emerging as central concerns
within the global door systems market. Building owners, architects, and
regulators are increasingly prioritizing green building practices and energy
conservation efforts. This prevailing trend is stimulating the development and
adoption of door systems that are both sustainable and energy-efficient.
Manufacturers are now integrating eco-friendly materials, such as
recycled steel, low-VOC coatings, and sustainable wood options, into their door
system products. Furthermore, advanced insulation technologies are being
employed to enhance thermal performance, thereby reducing heating and cooling
expenses in buildings. Energy-efficient glazing options, such as low-emissivity
(Low-E) glass, are also gaining traction due to their ability to optimize
natural lighting and minimize heat transfer.
Regulatory initiatives, including energy codes and environmental
certifications like LEED, are compelling the industry to embrace more
sustainable practices. Compliance with these standards is not only deemed
necessary but also represents a market advantage, as environmentally-conscious
consumers and businesses actively seek out eco-friendly products.
To maintain competitiveness, door system manufacturers must make
substantial investments in research and development, focusing on the creation
of sustainable and energy-efficient solutions. Furthermore, it is crucial that
they educate consumers and stakeholders about the substantial environmental
benefits and cost savings associated with these sustainable alternatives,
thereby driving the demand for greener door systems.
Segmental Insights
Mechanism
Insights
The Swinging segment holds a significant market share in
the Global Door Systems Market. The segment of swinging doors within the global
door systems market holds a significant share, driven by their versatility and
widespread use. Swinging doors come in various types, including single and
double leaf doors, with options for in-swing or out-swing configurations.
These doors find
applications in both residential and commercial settings. In homes, they are
commonly used for interior room divisions, closets, and exterior entrances.
Swinging doors are available in various materials, such as wood, metal, glass,
and composite materials.
Swinging doors offer
design flexibility and can be customized to match architectural styles and
interior designs. With a growing concern for energy efficiency, swinging doors
now come with improved insulation properties. Additionally, they can be
designed to comply with accessibility standards and regulations, ensuring easy
access for individuals with disabilities.
Swinging doors often
come equipped with built-in security features, including locks and access
control systems. The demand for swinging doors is influenced by regional
factors such as climate, architectural preferences, and construction
regulations.
Multiple
manufacturers and suppliers cater to the production of swinging doors, ranging
from large multinational companies to smaller, specialized firms. The swinging
segment of the door systems market is expected to continue growing, driven by
the expansion of the construction industry and the increasing demand for
aesthetically pleasing and functional door solutions.
Technology
Insights
The Access Control segment holds a significant market
share in the Global Door Systems Market. Access control holds utmost importance
in ensuring security and managing entry to various spaces, and it has witnessed
significant technological advancements in recent years. The access control
segment of the global door systems market is experiencing robust growth, driven
by escalating security concerns and the need for efficient access management.
Access control systems encompass a wide range of technologies, including key
cards, biometric recognition (fingerprint, facial recognition, iris scan), PIN
codes, RFID (Radio-Frequency Identification), and smartphone-based systems.
These systems find
applications in diverse areas such as building entrances, parking garages, data
centers, and restricted areas within facilities. The adoption of access control
systems is propelled by the enhanced security they provide and the compliance
they ensure with industry regulations.
Modern access
control systems not only offer convenience through touchless entry options like
mobile app-based access and facial recognition but also gain popularity due to
their accuracy and security. The integration of the Internet of Things (IoT)
further enhances access control systems. As security and convenience continue
to be paramount, the access control segment of the door systems market is
expected to sustain its growth trajectory.
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Regional Insights
The North America region is expected to dominate the market during the
forecast period. The North American door systems market is substantial and
continues to experience steady growth. Contributing factors to this growth
include robust construction activity in residential and commercial sectors,
renovation and replacement projects, and a focus on energy-efficient and
sustainable building practices.
The North American market is subject to various building codes and
safety regulations at the federal, state, and municipal levels. These
regulations significantly impact the selection of door systems, driving demand
for products that meet specific standards such as fire-rated doors,
hurricane-resistant doors, and accessibility requirements. It is imperative for
manufacturers to stay informed about evolving regulations to remain compliant
and competitive.
Environmental concerns and energy conservation efforts play a
significant role in the North American market. Homeowners and businesses are
increasingly seeking energy-efficient door systems that can help reduce heating
and cooling costs. Manufacturers can take advantage of this trend by offering
products with advanced insulation, energy-efficient glazing, and sustainable
materials.
North American consumers have a preference for door systems that can be
customized to match their architectural and design preferences. To meet these
demands, manufacturers should provide a wide range of finishes, styles, and hardware
options. Product development is also influenced by contemporary design trends,
such as open-concept living spaces and large glass doors for seamless
indoor-outdoor transitions.
Recent Developments
- In 2020, ASSA ABLOY
successfully completed the acquisition of Yale Security specializing in door
hardware and comprehensive security solutions.
Key Market Players
- Allegion PLC
- Andersen Corporation
- Ozone Overseas Pvt. Ltd
- DuluxGroup Limited
- Fortune Brands Home & Security, Inc.
- Arturo Salice S.p.A
- Hettich Holding GmbH & Co. oHG
- Jansen AG
- PGT Innovations, Inc.
- Jeld-wen, Inc.
|
By Type
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By Mechanism
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By Technology
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By Application
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By Region
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- Wood
- Metal
- Plastic
- Glass
- Composite
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- Swinging
- Sliding
- Folding
- Revolving
- Others
|
- Manual
- Automatic
- Access Control
|
|
- North America
- Europe
- South America
- Middle East & Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Door Systems Market has been segmented into the
following categories, in addition to the industry trends which have also been
detailed below:
- Global Door
Systems Market, By Type:
o
Wood
o
Metal
o
Plastic
o
Glass
o
Composite
- Global Door Systems Market,
By Mechanism:
o
Swinging
o
Sliding
o
Folding
o
Revolving
o
Others
- Global Door Systems Market,
By Technology:
o
Manual
o
Automatic
o
Access
Control
- Global Door Systems Market, By Application:
o
Manual
o
Automatic
- Global Door Systems Market, By Region:
o
North
America
§ United States
§ Canada
§ Mexico
o Europe
§ France
§ United Kingdom
§ Italy
§ Germany
§ Spain
o
Asia-Pacific
§ China
§ India
§ Japan
§ Australia
§ South Korea
o
South
America
§ Brazil
§ Argentina
§ Colombia
o
Middle
East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
Competitive Landscape
Company Profiles: Detailed
analysis of the major companies present in the Global Door Systems Market.
Available Customizations:
Global Door Systems Market report with the given market data,
TechSci Research offers customizations according to a company's specific
needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Global Door Systems Market is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at
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