Door and Window Automation Market to Exceed $17B by 2022, Forecast Says
The global market is projected to be growing annually at a rate of 7.9%.
CHICAGO – The door and window automation market was valued at $11.48 billion in 2015 and is expected to reach $17.76 Billion by 2022, according to a report published by research firm Markets and Markets.
The door and window automation market is expected to register a shipment of 20.6 million units in 2022, growing at a compound annual growth rate (CAGR) of 7.9% between 2016 and 2022. The commercial sector is expected to lead the door and window automation market. Easy accessibility for elderly and disabled persons is one of the major drivers for the sector.
In government and private premises, banks & financial institutions, access control systems are integrated with the automated door systems, which complement security requirements of the employees and employers. These are also linked with fire systems to enable auto egress in the occurrence of a fire to meet the safety requirements of specific buildings.
The market for pedestrian doors is expected to show high growth during the forecast period. Pedestrian doors are ideal for the entrance to the home, offices, among others. In commercial buildings, retail shops and public assess premises, automated pedestrian doors are highly used to meet the high traffic and safety requirements. These include various types such as sectional, sliding, and rolling doors among other facilities. They can be used very efficiently in controlling directional traffic situations such as one door for entry traffic and another door for exit traffic.
The Asian Pacific American (APAC) market is expected to grow at the highest CAGR between 2016 and 2022 due to the growing usage of automated doors and windows, especially in Japan. The increasing usage of door and window automation in offices, hospitals and airports is expected to drive the market in this region.
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