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The Door and Window Automation Market has Revolutionized the Commercial Industry for the Large-Scale Usage in Offices, Retail Shops, and Shopping Complexes
The door and window automation market was valued at USD 11.48 Billion in 2015 and is expected to reach USD 17.76 Billion by 2022, at a CAGR of 6.2% between 2016 and 2022. The door and window automation market is estimated to witness a shipment of 20.6 million units in 2022, at a CAGR of 7.9% between 2016 and 2022. Easy accessibility for elderly and disabled people is one of the major drivers for the door and window automation market.
The door and window automation market has revolutionized the commercial industry for the large-scale usage in offices, retail shops, and shopping complexes. These are mostly used for accessibility and security purposes. The market for hotels & restaurants is expected to grow at a high rate for automated doors and windows.
Currently, the door and window automation market is witnessing several new product developments, partnerships, and mergers & acquisitions across the globe. The market is in the developing phase and the companies are focusing on introducing innovative products. However, the high implementation cost associated with door and window automation is hindering the growth of this market. The door and window automation market is expected to witness significant growth in the near future, with the growing applications of the technology.
ASSA ABLOY (Sweden) is one of the leaders in the door and window automation market. The company has a complete range of door systems, solutions, and services for the institutional, commercial, and consumer markets. It is continuously increasing customer relevance through market segmentation and an increased distributorsí market share for creating profitable growth. The strategy of the company is to increase its growth in core business, enter into new markets and segments. Cost efficiency of the product is another focusing area of the company. The company strengthens its product portfolio by acquiring various companies. For instance, in 2016, ASSA ABLOY acquired Lighthouse (U.S.), a sectional door and docking distributor in North Carolina, South Carolina, and Tennessee.
Boon Edam International B.V. (Netherlands) is engaged in entry solution. It has an extensive range of products including resolving doors, speed gates, full height turnstiles, security doors and portals, access gates, among others. It serves its products to office buildings, airports, healthcare facilities, hotels, and others. The company is continuously investing in door and window automation systems and products to enhance its business. The company has a number of subsidiary companies in India, China, Australia, Belgium, and France among others. It has developed a wide range of door solutions integrated with high technology. So it gets a huge number of contracts from hotels, airports, and retail shops among others. For instance, in July 2014, Boon Edam installed smoother transit through the Lyon-Saint Exupery airport, one of the leading airports in France, for the frequent flyer passengers. By installing airport swing lane self-service gates at security pre-screening, the airport maintained a high level of security by shortening queues of passengers.
Door and Window Automation Market by Component (Operators, Sensors & Detectors, Access Control Systems, Control Panels, and Switches), Product (Industrial Doors, Pedestrian Doors, and Automated Windows), End User and Geography - Global Forecasts to 2022
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