South & Central America Doors and Windows Automation Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 246 | Report Code: TIPRE00027145 | Category: Electronics and Semiconductor
No. of Pages: 246 | Report Code: TIPRE00027145 | Category: Electronics and Semiconductor
The South & Central America doors and windows automation market size is expected to reach US$ 743.88 million by 2031 from US$ 599.40 million in 2023. The market is estimated to record a CAGR of 2.7% from 2023 to 2031.
The doors and windows automation market in SAM is further segmented into Brazil, Argentina, and the Rest of SAM. For the last few years, industrialization has grown significantly in South American countries, which has contributed significantly to the region's economic growth. The growing residential and commercial construction industry in the region bolsters the doors and windows automation market in the region. Additionally, rapid development in the real estate sector, which is evident through the construction of a large number of residential buildings, schools, hospitals, and departmental stores, favors the market growth in SAM countries.
The retail sector is another end user of automated doors and windows due to the frequent and large-scale influx of customers. An increase in wholesale and retail sales in SAM highlights the expansion opportunities for supermarkets, megastores, and hypermarkets. With a population of ~45.7 million, Argentina has a vast consumer base, and its retail sector has substantial expansion potential in the coming years. As per the data published by HSBC Argentina, Argentina expects to spend over US$ 452 billion on infrastructure by 2040. Thus, the growth in retail and commercial building construction is likely to create greater demand for door and window automation in retail outlets to give comfort to customers. Thus, an increase in government initiatives toward the construction of oil and gas plants and renewable energy plants, such as solar and wind, is anticipated to boost the growth of construction activities in the country, which is set to have a positive impact on the doors and windows automation market in Argentina and other SAM countries.
Key segments that contributed to the derivation of the South & Central America doors and windows automation market analysis are type, component, industry verticals, and control systems.
Voice and gesture-controlled automation is likely to bring new trends in the doors and windows automation market in the near future. This advanced technology offers enhanced convenience, improved accessibility, and a seamless user experience. The use of voice and gesture control enables hands-free operation of doors and windows, making them more efficient, hygienic, and user-friendly. In February 2024, Marvin, a leading manufacturer of premium windows and doors, introduced an advanced automated solution that integrates elegant design with cutting-edge technology. The Marvin Connected Home offers homeowners enhanced convenience and control over air, light, and views, seamlessly integrating smart features into their living spaces. With Marvin Connected Home, users can customize their environment to suit various daily activities, using voice-activated and programmable smart skylights, windows, and doors. By connecting to smart home platforms such as Amazon Alexa and home automation systems such as Crestron Home or Control4, homeowners can effortlessly manage their Marvin Connected Home products. This innovative solution is set to redefine the approach of architects and builders toward home design, offering greater ease of use, improved productivity, and a highly personalized living experience for homeowners.
As voice assistants such as Amazon Alexa, Google Assistant, and Apple Siri become increasingly integrated into everyday life, homeowners are opting for voice-activated doors and windows. Voice-activated smart windows and doors allow users to open or close windows, lock doors, and adjust the settings of automated systems through simple voice commands. This hands-free functionality adds a layer of ease to household operations and enhances the overall user experience. Notably, Lutron Electronics, a leader in smart home technology, offers solutions such as Lutron Serena Shades, which can be controlled via voice commands or smartphone apps—allowing homeowners to adjust natural light—thereby improving comfort and energy efficiency. Gesture-based controls are also emerging, offering consumers a more intuitive and hands-free method of interacting with their home's automated systems. These advancements will likely make automated doors and windows even more accessible and user-friendly in the future, especially in environments such as healthcare, commercial buildings, and smart homes.
Based on country, the South & Central America doors and windows automation market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2023.
Brazil is an advanced emerging economy exhibiting significant infrastructure development. Government authorities are focused on expanding the country's infrastructure to boost this sector. In October 2024, the President of Brazil announced a round of public and private investments in urban infrastructure worth US$ 280 billion. A major chunk of this investment is allocated to housing, infrastructure, and sanitation projects until 2029. Thus, an upsurge in the residential sector contributes to the demand for door and window automation systems. Strategies by the global market players also strengthen the doors and windows automation market in Brazil. In October 2023, ASSA ABLOY acquired Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sectional and high-speed doors. With this expansion, ASSA ABLOY began providing its door and window automation solutions in Brazil.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 599.40 Million |
| Market Size by 2031 | US$ 743.88 Million |
| Global CAGR (2023 - 2031) | 2.7% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
Some of the key players operating in the market ABB Ltd; Allegion Plc; Assa Abloy AB; Came S.p.A.; Honeywell International Inc; Insteon; Nabtesco Corp; Schneider Electric SE; Siemens AG;GEZE GMBH; dormakaba Holding AG; Hormann Industries GmbH; Kintrol Pty Ltd; BEA (A Halma Company); JLC Group Ltd; Deutschtec; Auto Ingress Pty Ltd; Ozone Overseas Pvt. Ltd.; ERREKA; and Schüco International KG among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
Business Market Insights' conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The South & Central America Doors and Windows Automation Market is valued at US$ 599.40 Million in 2023, it is projected to reach US$ 743.88 Million by 2031.
As per our report South & Central America Doors and Windows Automation Market, the market size is valued at US$ 599.40 Million in 2023, projecting it to reach US$ 743.88 Million by 2031. This translates to a CAGR of approximately 2.7% during the forecast period.
The South & Central America Doors and Windows Automation Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Doors and Windows Automation Market report:
The South & Central America Doors and Windows Automation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Doors and Windows Automation Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Doors and Windows Automation Market value chain can benefit from the information contained in a comprehensive market report.
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