Door And Window Automation Market Growth Drivers, Component Analysis and Growth Forecast to 2024
Date: 2018-01-10   Author: Ronak Bora  Category: #technology

Door And Window Automation Market Growth Drivers, Component Analysis and Growth Forecast to 2024

Based on components the global Door and Window Automation Market can be segregated into operators, sensors & detectors, access control systems, motors & actuators, control panels, and switches. The sensors and detectors are installed on either side of the door and are used for analyzing motion. The actuators are used to provide natural ventilation through doors and windows. The access control systems are integrated to ensure employee authenticity while entering the office premise.

Door and Window Automation Market size is estimated to be valued at over USD 17 billion by 2024, growing at a CAGR of over 7% from 2016 to 2024.

Based on the product types, the door and window automation market can be segmented into industrial doors, pedestrian doors, and windows. Pedestrian doors may drive the industry growth in this segment due to the rising demand from the commercial sector, such as retail shops and public access premises, as these are ideal for entry to offices, houses, and industries. Furthermore, pedestrian models are further segregated into sliding, sectional, and rolling type pedestrian doors.

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Based on the end use industry, the door and window automation market can be segmented into residential buildings, airports, education buildings, healthcare, hotels & restaurants, industrial production units, public transit systems, commercial buildings, and entertainment centers. The commercial sector is anticipated to witness considerable growth prospects over the forecast timeline as these systems provide easy accessibility without compromising with the security concerns.

High costs of installation and maintenance associated with these products may hamper the door and window automation market size over the next eight years.

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The Asia Pacific door and window automation market share will witness attractive growth prospects due to its escalating installation in hospitals, offices, and airports.

 The U.S. door and window automation market size is anticipated to hold a key industry share due to the rapid growth of infrastructure facilities across the region.

The key players operating in the industry include ABB Group, Allegion, Assa Abloy, Came S.P.A., Dorma+Kaba Group, Geze, Gira, Honeywell International, Insteon, Nabtesco, Royal Boon Edam, Schneider Electric, Siemens, and Stanley Black & Decker. The industry participants are using new product development as a prime strategy to provide a competitive edge in the industry.



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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