Report : North America Door and Window Automation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Access Control Systems, Control Panels, Sensors and Detectors, Motors and Actuators, and Others), Product Type (Windows, Industrial Doors, and Pedestrian Doors), End User (Residential, Commercial, and Industrial)
Access Control Systems Segment has the Largest Share of Component in the North America Door and Window Automation Market during 2020–2028
According to a new market research study on “North America Door And Window Automation Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Product Type, End User and Country” is expected to reach US$ 10,500.42 million, by 2028 from US$ 7,280.25 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021 to 2028. The report provides trends prevailing in the North America door and window automation market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase in benefits offered by automatic door sensors and rise in demand from end-use industries are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period high installation and maintenance cost.
North America is known for the highest rate of adoption of advanced technologies due to favourable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led governments to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. Hence, the demand for passive components has steadily declined as a result of the suspension of operations in numerous industries, the closing of different production units, and people's unwillingness to enter the work force.
The market for North America is segmented into the component, product type and end user. Based on component, the North America door and window automation market is segmented into access control systems, control panels, sensors and detectors, motors and actuators, and others. In 2021, the sensor and detectors segment accounted for a larger revenue share during the forecast period. However, the access control systems segment is estimated to register the highest CAGR during the forecast period. Access control or video intercom system can also identify when automatic doors should open.
ABB, Allegion plc. , Assa Abloy AB , Came S.p.A ,Honeywell International Inc. , Insteon , Schneider Electric SE , Siemens AG, GEZE GMBH. Among the leading companies in the North America door and window automation market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for North America door and window automation market is segmented into component, product type, end user. Based on component, the North America door and window automation market is segmented into access control systems, control panels, sensors and detectors, motors and actuators, and others. Based on product type, the North America door and window automation market is segmented into windows, industrial doors, and pedestrian doors. Based on end user, the North America door and window automation market is segmented into residential, commercial, and industrial. By Geographically, North America door and window automation market is segmented into (US, Canada, and Mexico).
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