According to our latest market study on “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.
The door and window automation market is segmented based on component, product type, and end user. Based on product type, the door and window automation market are categorized into windows, industrial doors, and pedestrian doors. Based on component, the door and window automation market can be categorized into access control systems, control panels, sensors and detectors, motors and actuators, and others. Based on end-user, the door and window automation market are categorized into residential, commercial, and industrial. Based on region, the global door and window automation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
In addition to these players, there are several other important players operating in the door and window automation market which were analyzed during the course of this market research study, such as, ABB, Came S.p.A., Honeywell International Inc., Insteon, Nabtesco Corporation, Schneider Electric SE, and Siemens AG among others.
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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.
Geographically, the door and window automation market is segmented into five key regions—North America, Europe, APAC, MEA and SAM. North America held the largest revenue share in 2020, followed by Europe and APAC. The market is segmented on the basis of type and end-user. Based on product type, the door and window automation market is segmented into windows, industrial doors, and pedestrian doors.
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The COVID-19 outbreak has affected the overall growth rate of global door and window automation market in the year 2020 in a negative manner to some extent, due to decline in revenue and growth of companies operating in the market owing to supply and demand disruptions across the value chain. Thus, there was a decline in y-o-y growth rate during the year 2020.
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