Understanding the 2017 Developments in Window and Door Manufacturing Industry

In depth analysis and discernment of the window and door manufacturing industry in 2017.

Introduction

The world of manufacturing is always in flux, with new technologies and practices continually pushing the boundaries of what's possible. For businesses in the window and door manufacturing industry, staying on top of these changes is essential for maintaining a competitive edge.

Report Details

Industry Performance in 2017

According to data from the last complete fiscal year, 2017, the window and door manufacturing industry experienced significant growth. The industry revenue increased by 3.4% in that year, reaching a new high of $28 billion. This growth was driven by several key factors, including an increase in residential construction, a general economic upturn, and a growing consumer preference for energy-efficient products.

Technological Advancements

Technology continues to play a crucial role in the window and door manufacturing industry. In 2017, advancements in automation and computer-aided design (CAD) significantly transformed manufacturing processes. Automation streamlined production lines, reduced labor costs, and improved overall efficiency. Meanwhile, CAD allowed manufacturers to design and prototype new products with greater precision and speed.

Regulatory Environment

Regulations played a significant role in shaping the window and door manufacturing industry in 2017. Government incentives and regulations regarding energy efficiency greatly influenced the demand for eco-friendly windows and doors. Manufacturers that responded to these regulations by developing and marketing energy-efficient products experienced considerable growth.

Competitive Landscape

The competitive landscape of the window and door manufacturing industry had also seen changes in 2017. The year witnessed some important Mergers and Acquisitions (M\&As) that led to a restructuring of the market competition. In spite of these changes, the industry remains fragmented with a mix of large international corporations and smaller local manufacturers.

Key Players

Prominent players in the window and door manufacturing industry in 2017 included Andersen Corporation, JELD-WEN, Pella Corporation, and Marvin Windows and Doors. These companies retained their leading positions through robust strategies that included investment in research and development, emphasis on quality, and close attention to customer needs.

Market Trends

Looking at the key happenings, 2017 was also the year when several important trends started to shape the industry's future. Notably, the green building trend brought energy-efficient windows and doors into the limelight, the trend towards customized and aesthetically pleasing designs became more popular, and there was an increased focus on smart home technology.

One thing's certain: Changes will continue, and it will be interesting to see what the manufacturing landscape will look like by the end of this year, 2022.

Please note that this post is meant to serve as a summary and overview of the window and door manufacturing industry in 2017. For more detailed information or queries about specific companies, please refer to the full report.