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Door And Window Automation Global Market 2023 - Driving Factors, Industry Challenges, Business segmentation, Leading countries And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Door And Window Automation Market Size, Growth Rate, And Forecast
The global door and window automation market size is expected to grow from $16.55 billion in 2022 to $17.92 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global door and window automation market size is expected to reach $22.60 billion in 2027 at a CAGR of 6.0%.
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Door And Window Automation Market Drivers
The rising adoption of automatic doors and windows by the elderly and disabled is significantly contributing to the growth of the door and window automation market going forward. Automatic doors and windows refer to doors and windows that can be remotely and automatically opened. Disability is a general term that includes impairments, activity constraints, and participation limitations.
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Door And Window Automation Market Segments
• By Product: Automated Industrial Doors, Automated Pedestrian Doors, Automated Windows
• By Component: Access Control Systems, Control Panels, Sensors And Detectors, Motors And Actuators, Other Components
• By Application: Windows, Industrial Doors, Pedestrian Doors
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Door And Window Automation market.
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Door And Window Automation Market Key Players
Major competitors in the Door And Window Automation market include ABB Group, Assa Abloy AB, Came S.p.A, Dormakaba International Holding AG, GEZE GmbH.
The Business Research Company's "Global Door And Window Automation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Door And Window Automation Market Include:
1. Executive Summary
2. Door And Window Automation Market Characteristics
3. Door And Window Automation Market Trends And Strategies
4. Door And Window Automation Market - Macro Economic Scenario
5. Door And Window Automation Market Size And Growth
.................
26. Africa Door And Window Automation Market
27. Door And Window Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Door And Window Automation Market
29. Door And Window Automation Market Future Outlook and Potential Analysis
30. Appendix
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