Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 18.91 Billion | USD 31.11 Billion | 5.69% | 2023 |
According to Zion Market Research, the global Door and Window Automation Market was worth USD 18.91 Billion in 2023. The market is forecast to reach USD 31.11 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.69% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Door and Window Automation Market industry over the next decade.
The report gives a transparent view of the door and window automation market. We have included a detailed competitive scenario and portfolio of the leading vendors operating in the door and window automation market. To understand the competitive landscape in the door and window automation market, an analysis of Porter’s Five Forces model has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Automated technology demand is observed to be at its peak globally. The worldwide stipulation of automated technology-driven devices, such as automobiles, aircrafts, and medical devices, is escalating. The rise in the adoption of automated technologies has simultaneously accelerated its demand in home automation applications as well, thereby resulting in lucrative market opportunities for door and window automation market.
The rise in the disposable income of people has simultaneously accelerated infrastructural spending worldwide. Growing infrastructural spending in developing Asian economies, such as India and China, has escalated the number of infrastructural projects in the region. In 2018, China’s infrastructural investments accounted for USD 273.6 billion. Furthermore, the Indian infrastructural sector witnessed 91 merger and acquisition deals, which accounted for USD 5.4 billion in 2017.
The increasing number of infrastructural projects is fueling the door and window automation market worldwide. According to a recent survey, major construction projects are adopting advanced automated technologies, such as building automation. Additionally, the rising demand for infrastructural automation in the commercial sector is forecasted to further propel the door and window automation market in the upcoming years.
The study provides a crucial view of the door and window automation by segmenting it based on product, component, end-user, and region.
Based on product, the global door and window automation market includes industrial doors, pedestrian doors, and windows. Pedestrian doors are expected to hold the largest share over the estimated timespan, owing to the increasing product demand by the commercial sector.
On the basis of component, the global door and window automation market includes motors and actuators, operators, access control systems, sensors and detectors, control panels, switches, and others. The sensors and detectors segment is projected to register the highest growth rate in the future, owing to the rising demand for motion detecting sensors.
The end-user segment comprises educational buildings, airports, residential buildings, healthcare facilities, entertainment centers, public transit systems, industrial production units, hotels and restaurants, and others.
Report Attributes | Report Details |
---|---|
Report Name | Door and Window Automation Market |
Market Size in 2023 | USD 18.91 Billion |
Market Forecast in 2032 | USD 31.11 Billion |
Growth Rate | CAGR of 5.69% |
Number of Pages | 252 |
Key Companies Covered | Assa Abloy, Boon Edam, Geze GmbH, dormakaba Group, Stanley Black & Decker, Schneider Electric, Siemens, Honeywell International, Allegion, ABB, and Insteon |
Segments Covered | By product, By component, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further classification into the U.S., Canada, UK, France, Germany, China, Japan, India, Brazil, and South Africa.
By region, the Asia Pacific door and window automation market is likely to grow rapidly in the future, owing to the rising number of construction activities across the region and flourishing home automation sector in developing economies, such as China and India, etc. Furthermore, the increasing purchasing power of the regional people has led to the adoption of advanced technologies for residential applications.
The global door and window automation market profiles key players such as:
Global Door and Window Automation Market: Product Analysis
Global Door and Window Automation Market: Component Analysis
Global Door and Window Automation Market: End-User Analysis
Global Door and Window Automation Market: Regional Analysis
FrequentlyAsked Questions
Door and window automation is the process of automating the operation of doors and windows in structures through the use of technology. This entails the integration of a variety of systems and components to regulate the opening, closing, securing, and monitoring of doors and windows, frequently for the purposes of energy efficiency, security, and convenience.
The demand for automated door and window systems that can be seamlessly connected and controlled via mobile applications and voice assistants is being driven by the increasing adoption of smart home technologies and IoT (Internet of Things) integration.
According to Zion Market Research, the global Door and Window Automation Market was worth USD 18.91 Billion in 2023. The market is forecast to reach USD 31.11 Billion by 2032.
According to Zion Market Research, the global Door and Window Automation Market a compound annual growth rate (CAGR) of 5.69% during the forecast period 2024-2032.
The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further classification into the U.S., Canada, UK, France, Germany, China, Japan, India, Brazil, and South Africa.
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