Rising needs for comfort accompanied by high convenience & accessibility offered will fuel the door and window automation market demand.
Sellbyville, DE -- (SBWIRE) -- 01/14/2019 -- 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. Increasing security and accessibility needs for the disabled as well as elderly individuals may offer lucrative growth opportunities over the forecast timeline. These devices enable in effectively supervising omni-directional traffic situations. For instance, one door is dedicated to managing the entry traffic and the other for managing the exit traffic.
Automated windows are used for natural ventilation and smoke ventilation, whereas pedestrian doors are used for safety and security applications. Furthermore, rising original equipment manufacturers focus on providing a supplementary switch that locks all the vehicle windows to enhance the safety. This may also provide potential growth prospects for the industry growth from 2016 to 2024.
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Based on components, the 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.
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.
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.
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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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