According to The Insight Partners’ research, the Door and Window Automation Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Product Type, and End-User,” the market was valued at US$ 18,422.22 million in 2021 and is projected to reach US$ 26,198.66 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.
Over the years, the growth of the aviation industry has complemented developments in several associated technologies, such as internet connectivity. Governments of developed countries such as the US, the UK, and China are investing in smart airport technologies, such as smart sensors, communication and network systems, cameras, RFID tags, and wearable devices, owing due to the rising preference for real-time information and growing demand for advanced connectivity technologies in airport operations.
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Further, the increasing development of new airports and rising expansion of existing airports in countries such as the UK, the UAE, India, and Hong Kong are expected to drive the growth of the door and window automation market. In August 2020, Gammon Construction Limited, a Hong Kong-based construction and engineering contractor, was awarded a four-year contract amounting to US$ 1.7 billion by the Hong Kong Airport to expand Terminal 2 at Chek Lap Kok Airport. Such expansion activities are likely to boost the demand for door and window automation during the forecast period.
The door and window automation market is segmented on the basis of component, product type, and end user. Based on component, the market is segmented into access control systems, control panels, sensors and detectors, motors and actuators, and others. In 2020, the sensors and detectors segment led the market. Based on product type, the door and window automation market is segmented into windows, industrial doors, and pedestrian doors. In 2020, the pedestrian doors segment led the market. Based on end user, the door and window automation market is segmented into residential, commercial, and industrial. In 2020, the commercial segment led the market. Geographically, the market is segmented into five key regions—North America, Europe, Asia Pacific (APAC), Middle-East and Africa (MEA) and South America (SAM). North America held the largest revenue share in 2020, followed by Europe and APAC. The market in APAC is projected to grow at the highest rate from 2021 to 2028.
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Rise in Demand from End-Use Industries
Due to the benefits offered by automated doors and windows, they are witnessing a growing demand from numerous end-use industries. Educational facilities, airports, residential buildings, healthcare facilities, entertainment centers, public transit systems, industrial production units, and hotels and restaurants, among others, make up the end-user category. For instance, automatic door sensors enable automatic doors to operate hands-free, making them ideal for hospitals and food factories where sanitization is a must. As an increasing number of automatic doors are being incorporated in hospitals, the rise in the healthcare sector is directly proportional to the growth of the door and window automation market.
The List of Companies – Door and Window Automation Market
ABB, Allegion plc, Assa Abloy AB, Came S.p.A., Honeywell International Inc., Insteon, Nabtesco Corporation, Schneider Electric SE, Siemens AG, and GEZE GMBH. are the key players profiled in the global door and window automation market.
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