PUBLISHER: The Business Research Company | PRODUCT CODE: 1409365
PUBLISHER: The Business Research Company | PRODUCT CODE: 1409365
“Door And Window Automation Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on door and window automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for door and window automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The door and window automation market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Door and window automation involves the utilization of sensors, such as those detecting motion, pressure, or infrared images, to automate the opening and closing of doors. This technology not only contributes to energy savings but also effectively reduces annual heating and cooling costs. Commonly employed in office buildings, these systems ensure the comprehensive protection of personnel.
The primary products within door and window automation include automated industrial doors, automated pedestrian doors, and automated windows. Automated industrial doors are specifically designed to endure equipment impact and often feature automatic breakaway mechanisms in case of a vehicle collision. Key components encompass access control systems, control panels, sensors and detectors, motors and actuators, and other elements utilized across various applications, including windows, industrial doors, and pedestrian doors.
The door and window automation market research report is one of a series of new reports from The Business Research Company that provides door and window automation market statistics, including the door and window automation industry's global market size, regional shares, competitors with a Door and window automation market share, detailed door and window automation market segments, market trends, and opportunities, and any further data you may need to thrive in the door and window automation industry. This door and window automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The door and window automation market size has grown strongly in recent years. It will grow from $17.83 billion in 2023 to $19.14 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to factors such as increasing urbanization, a rising demand for smart homes, concerns about energy efficiency, ongoing commercial building construction, and the emphasis on security and safety requirements, along with regulatory compliance.
The door and window automation market size is expected to see strong growth in the next few years. It will grow to $24.51 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to sustainable building practices, integration with home assistants, the growth of e-commerce, retrofitting and upgrades, and innovation in materials. Major trends in the forecast period include remote monitoring and control, adoption of IoT and connectivity, touchless solutions, customization and personalization, and the use of smart glass and dynamic glazing technologies.
The increasing adoption of automatic doors and windows by the elderly and disabled individuals significantly contributes to the expanding door and window automation market. Automatic doors and windows refer to remotely operated systems offering accessibility to individuals with disabilities or limited mobility. Such modifications, particularly automated doors, assist the elderly and disabled in maneuvering their homes more efficiently. These adaptations also cater to those unable to use traditional keys for entry, such as individuals in wheelchairs. For instance, as per the World Health Organization's projections, by 2030, an estimated 1 in 6 individuals worldwide will be 60 years or older, totaling around 1.4 billion people, a substantial increase from 1 billion in 2020. By 2050, the global population aged 60 and older is anticipated to double. This demographic shift is expected to drive the surge in the adoption of automatic doors and windows, thereby fueling growth within the door and window automation market.
The burgeoning concept of smart cities is poised to propel the door and window automation market in the foreseeable future. Smart cities aim for sustainability, efficiency, and technological advancement, prioritizing an improved quality of life for their inhabitants. Integrating automation technologies, including automated doors and windows, is pivotal in enhancing the comfort, security, and convenience of residential and commercial spaces within smart cities. For instance, Frost & Sullivan, a US-based market research firm, forecasts a substantial growth trajectory in smart cities' technology spending. Predictions suggest an estimated 22.7% compound annual growth rate (CAGR) in technology spending, reaching $327 billion by 2025 from $96 billion in 2019. Consequently, the rise in smart city initiatives is anticipated to drive considerable growth within the door and window automation market in the coming years.
Technological advancements stand as a prominent trend shaping the door and window automation market. Leading companies in this sector are vigorously developing innovative products embedded with advanced technologies to fortify their market positions. For instance, in August 2021, Made4CNC, a Denmark-based manufacturer and supplier of industrial equipment, launched the Safedoor SD100. This groundbreaking technology features automatic door opening and closing mechanisms, catering to heavy doors in CNC machines. Previously limited to select CNC machines, this innovation facilitates the opening and closing of 400 kg, 1-meter-wide doors, weighing up to 400 pounds, at a rapid rate of 500 mm/s. The Safedoor SD100's galvanically insulated digital inputs and outputs enable seamless communication with various robot or CNC machine brands, marking a significant advancement in door automation technology.
Companies operating in the door and window automation sector are increasingly prioritizing partnerships and collaborations as a strategic approach to enhance their product range and geographical footprint. These alliances involve leveraging each other's strengths and resources for mutual advantages and shared success. For example, in February 2021, Summit Automation, a prominent US-based company specializing in window and door automation, forged a strategic partnership with Cantex Industries, a provider of top-quality architectural glass in the US. This collaboration enables Summit Automation to expand its presence into the Quebec, Canada market, specifically offering automation solutions for large glass fixtures by tapping into Cantex Industries' expertise and market reach.
In July 2022, Allegion PLC, an Ireland-based company renowned for its security products catering to residential and commercial settings, completed the acquisition of Stanley Access Technologies LLC in a deal valued at $900 million. This strategic acquisition significantly bolsters Allegion's comprehensive access strategy, establishing a strong presence alongside a market leader in the category. Additionally, it enables the expansion of Allegion Americas' core business by integrating complementary automatic entrance products and installation and maintenance services. Stanley Access Technologies LLC, a US-based entity, specializes in manufacturing, installation, and servicing of automatic doors, aligning seamlessly with Allegion's overarching goals and reinforcing its market positioning in the door and window automation industry.
Major companies operating in the door and window automation market report are ABB Ltd., Assa Abloy AB, Came SpA, Dormakaba International Holding AG, GEZE International GmbH, Gira Giersiepen GmbH & Co KG, Honeywell International Inc., Insteon Inc., Nabtesco Corporation, Royal Boon Edam International B.V., Schneider Electric SE, Siemens AG, Stanley Black & Decker Inc., Allegion plc, Allied Window Inc., Boon Edam Inc., Gera-Ident GmbH, A-OK Inc., Aluprof S A, Anlin Industries Inc., Arbonia AG, BFT Automation SpA, CR Laurence Co Inc., Centor Group Pty. Ltd., CISA SpA, Ditec Entrematic SpA, Eclisse Srl, Elero GmbH, Entrematic Group AB, FAAC Group, Gretsch-Unitas GmbH, Hormann KG, Jansen AG, Kaba Group, KONE Corporation, Lippert Components Inc., Marvin Windows and Doors, Nice SpA, Pella Corporation, Record SpA, Rite-Hite Holding Corporation .
Asia-Pacific was the leading region in the door and window automation market in 2023. The regions covered in the door and window automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the door and window automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The door and window automation market consists of revenues earned by entities by home automation services such as fixed automation, programmable automation, and flexible automation. The market value includes the value of related goods sold by the service provider or included within the service offering. The door and window automation market also includes sales of sliding automatic doors, automatic swinging doors, automatic folding doors, and automatic revolving doors, which are used in providing home automation services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.