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Door and Window Automation Market worth $23.6 billion by 2027 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

Sep 01, 2022, 09:30 ET

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CHICAGO , Sept. 1, 2022 /PRNewswire/ -- Door And Window Automation Market size is estimated to be USD 18.3 billion in 2022 and is projected to reach USD 23.6 billion by 2027, at a CAGR of 5.2%, according to a new report by MarketsandMarkets™. The increasing demand for automated doors in various industries and rising infrastructure development projects worldwide are responsible for the growth of door and window automation market. Additionally, the installation of automated doors and windows is increasing rapidly in hospitality sector, which is also responsible for the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=73303262

Browse in-depth TOC on "Door and Window Automation Market"

163 – Tables
60 – Figures
215 – Pages

Access Control Systems is expected to hold the largest growth rate during the forecast period

An access control system is used for security, as it allows access only to authorized persons; however, it can also grant, modify, or deny access at any time. Automated door systems can be combined with access control systems to increase security. The increasing requirement of security at offices, airports, hospitals, and hotels, which, in turn, is driving the growth of the segment.

Pedestrian doors dominated the door and window automation market in 2021

Pedestrian doors are used where there is high pedestrian traffic, such as in hotels, hospitals, office buildings, banks, and airports, to provide optimum safety and security with ease of managing high crowds in commercial buildings. They are ideal for the entrance to homes and offices. The maintenance cost for these doors is low, and hence are highly preferred by the various end-users.

Hotels and restaurants is expected to hold the largest CAGR by 2027

Automated doors installed in hotels and restaurants minimizes the loss of conditioned air and improves the flow of foot traffic in busy doorways. Guests can use a single remote to control automated windows for ventilation and other security purposes. Automated doors can also be integrated with hotel locking systems to ensure a secure entrance not only to guests but also to other trade partners such as delivery personnel and staff. Pedestrian doors such as sliding and revolving doors are installed in hotels and restaurants to allow easy access to people on wheelchairs, strollers, and persons carrying large parcels. These doors provide hotels and restaurants with better designs and appearance. They are also used to control the high volume of traffic.

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The door and window automation market in North America is the dominating region in 2021

North America is one of the leading regions in the door and window automation market. Countries such as the US, Canada, and Mexico play a major role in the North American door and window automation market. The US is one of the major contributors to the growth of the regional market as several key players in the door and window automation market, including Royal Boon Edam International B.V., Honeywell International, and Insteon, have their headquarters in the US, which is expected to create immense market growth opportunities in the coming years.

Major companies operating in this door and window automation market includes ASSA ABLOY (Sweden), Nabtesco Corporation (Japan), Allegion Plc (Ireland), and dormakaba Group (Switzerland).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC Control, Smart Speaker, Smart Kitchen, Smart Furniture), Software & Services, Sales Channel, and Region (2021-2026)

Home Automation System Market with COVID-19 Impact Analysis, By Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Controls), Software & Algorithm, and Region (2020-2025)

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/door-window-automation-market.asp
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Content Source: https://www.marketsandmarkets.com/PressReleases/door-window-automation.asp

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SOURCE MarketsandMarkets

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