The global door and window automation market size is expected to grow from USD 18.3 billion in 2022 to USD 23.6 billion by 2027, at a CAGR of 5.2%. The increasing use of automated doors and windows by disabled and elderly people and growing adoption of automated doors and windows in hospitality sector are the key factors driving the market growth.
The key players operating in the door and window automation market include the major players which operates in different stages in the entire value chain of door and window automation; these players are ASSA ABLOY (Sweden), Nabtesco Corporation (Japan), Allegion Plc (Ireland), and dormakaba Group (Switzerland). These players have adopted various growth strategies such as acquisition, partnership, agreement, and new product launches to increase their presence in the global market.
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ASSA ABLOY is one of the key players in the door and window automation market. The company has a diversified geographic presence across the Americas, Europe, Asia, the Middle East, and Africa. The company’s strong R&D capabilities enable it to produce innovative products that meet customer expectations and standards inside-out. Besides, the company has adopted several strategies to tap business opportunities in emerging markets. ASSA ABLOY relies on inorganic growth strategies to expand its business of automatic doors and windows. Apart from this, creating cost-efficient products is another objective of the company for adopting organic and inorganic strategies.
Allegion Plc holds the second largest share of door and window automation market in 2021. Allegion focuses on operational excellence and recognizes the future of security industries by addressing the needs of the connecting world. Thus, it offers a broad range of security and access control products and solutions through market-leading brands such as CISA, Inteflex, and LCN. The company provides a vast number of products for automatic doors and windows and focuses on inorganic growth strategies.
Another important player in door and window automation market is Nabtesco Corporation. A wide product portfolio; a strong customer base with a presence in Japan, Europe, North America, and China; expertise in providing door and window automation products for airports, railways, commercial buildings, as well as for marine applications are the major strengths of the company in the door and window automation market. The company has a huge product portfolio of pedestrian automatic doors. It focuses on product development to expand its geographic presence, along with an expansion of its existing and new portfolio of products.
Door and Window Automation Market by Component (Operators, Sensors & Detectors (Infrared, Proximity, and Microwave), Access Control), Product (Industrial (Sectional, High-Speed, Roller Shutter), Pedestrian Doors (Sliding, Swing)) - Global Forecast to 2027
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