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Door and Window Automation Market Projected to Reach $ 20 Billion by 2032, Growing at a CAGR of 5%

07-05-2024 02:20 PM CET | IT, New Media & Software

Press release from: Fact.MR

Revenue from the global door and window automation market is estimated at US$ 16.4 billion in 2024 and is calculated to increase at a CAGR of 5.3% to reach US$ 27.5 billion by the end of 2034. The increasing use of smart homes and building technology worldwide is a key factor driving the product demand.

Door and window automation market growth is influenced by consumers' demand for greater security, energy efficiency, and personalized experiences. Automated doors and windows allow residents to control entry remotely, monitor security, and optimize natural lighting and ventilation, fundamentally transforming how people interact with their living spaces and boosting the market.

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The advantages of door and window automation - convenience, safety, efficiency, reliability, customization options, and seamless machine operation - have led to increased adoption across various sectors. Automatic doors reduce annual heating and cooling costs by requiring less energy and money to operate. They only open when activated and close automatically to prevent doors from being left open, thus retaining air conditioning and keeping dust and outdoor air out.

Automatic doors are convenient for everyone, even those pushing carts or carrying bags, as they open hands-free. In high-traffic areas such as hotels, public spaces, and commercial buildings, automatic doors are often seen as a mark of consideration and excellent customer service.

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱:
ABB Group
Allegion Plc
Assa Abloy AB
Came S.p.A
Dormakaba International Holding AG
GEZE GmbH
Gira Giersiepen GmbH & Co. KG
Honeywell International Inc.
INSTEON
Nabtesco Corporation
Royal Boon Edam International B.V
Schneider Electric SE
Siemens AG
Stanley Black & Decker Inc.

Browse Full Report with TOC@ https://www.factmr.com/report/door-and-window-automation-market

Important Market Trends:
Several trends are reshaping the door and window automation market. Notably, automation systems now integrate machine learning and artificial intelligence (AI) algorithms, enabling autonomous operation, customizable configurations, and predictive analytics.

Additionally, the proliferation of Internet of Things (IoT) and smart building technologies has fostered interconnected automation ecosystems. These systems optimize energy efficiency, enhance occupant comfort, and streamline facility management processes.

Opportunities and Difficulties in the Market:
Despite its promising growth trajectory, the Door and Window Automation Market faces challenges such as cybersecurity risks, interoperability issues, and the need for industry standards and uniform regulations. However, these obstacles also present opportunities for innovation and collaboration within the industry.

By investing in interoperable technologies, enhancing cybersecurity measures, and advocating for legislative frameworks that promote safe and sustainable automation solutions, stakeholders can address market challenges and unlock new business opportunities.

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Competitive Landscape
Key players in the door and window automation industry are extensively relying on mergers, acquisitions, and partnerships with existing small-scale or medium-scale service providers, and adapting themselves to the market trends such as automated industrial doors, automated window seals, and digital door lock systems.

ASSA ABLOY, a provider of smart home technology, introduced a new range of door and window automation systems in November 2023 that work with its current smart home platform. The goal of this new product line is to facilitate the integration of door and window automation systems with other smart home devices for customers.

In September 2022, ASSA ABLOY's J Newton Business Inc. acquired a leading Florida-based pedestrian door distributor and service provider. The company's objective of strengthening its current entry automation product is accomplished with this purchase.

Key Segments in Door and Window Automation Industry Research:
By Product :
Industrial Doors
Pedestrian Doors
Automated Windows

By Component :
Operators
Motors & Actuators
Sensors & Detectors
Access Control Systems
Switches
Alarms
Control Panels

By Application :
Residential Buildings
Education Buildings
Hotels & Restaurants
Industrial Buildings
Industrial Production Units
Airports
Healthcare Facilities
Public Transit Systems
Commercial Buildings
Entertainment Buildings

By Region :
North America
Latin America
Eastern Europe
Western Europe
East Asia
South Asia & Pacific
Middle East & Africa

About Fact.MR:
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
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