- Opportunity and Forecast, 2016-2025
Door & window automation is gaining prominence with the growing trend of automation. Automated doors & windows are omnipresent in government buildings, offices, banks & financial institutions, shopping malls, and other places. They offer benefits such as security & surveillance, faster & automatic movements, and ease in operation for disabled people. Technological advancements have enabled high-security electric locks to doors that can be operated with a remote key. In addition, there are other ways to activate doors such as smartphone, keypad entry, audio phone, and bio-scan system. Automated windows have rain and wind sensors that automatically close and open depending upon the weather.
The global door & window automation market is driven by focus on offering security & accessibility to elderly & disabled people, rise in spending on infrastructure, and increase in concerns over security & safety. However, high initial & maintenance costs along with the need to comply with various regulatory standards are expected to restrict this growth. Increase in demand for automated doors & windows with high energy efficiency and integration of various technologies create new opportunities in the industry for growth.
The global door & window automation market is segmented based on component, product type, end use, and geography. Based on component, the market is divided into operators, access control systems, sensors & detectors, control panels, motors & actuators, and switches. Based on product type, it is classified into pedestrian doors, industrial doors, and windows. End-use segment is categorized into hotels & restaurants, residential buildings, education buildings, entertainment centers, healthcare, commercial buildings, industrial production units, and airports. Geographically, the industry is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
Key players operating in the industry are ABB Group, Assa Abloy, Allegion, Dorma & Kaba Group, Gira, Honeywell International, Geze, Nabtesco, Royal Boon Edam, Insteon, Siemens, Schneider Electric, and Stanley Black & Decker. These players have formulated joint ventures, new products launches, expansion, collaborations, mergers & acquisitions, partnerships, and other strategies to gain a strong position and sustain in the industry.
The United States Amniotic Membrane Market accounted for $189 million in 2012 and is expected to reach $722 million by 2022, registering a CAGR of 13.6% from 2017 to 2022. Read More >>