According to IMARC Group’s latest report, titled “Window Sensors Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026; the global window sensors market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The global window sensors market is primarily being driven by the increasing incidents of security breaches and threats. Window sensors are widely being adopted due to the increasing consumer awareness regarding available solutions for home security systems. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions, are providing a thrust to the market growth. These sensors are connected to smartphones and assist in detecting unauthorized entrance and remotely altering indoor lighting and temperatures. Other factors, including the increasing construction of smart home projects, along with rising expenditure capacities of the consumers, are creating a positive outlook for the market.
Competitive Landscape with Key Players:
- Eve Systems GmbH (Elgato)
- Honeywell International Inc
- Hotron Ltd
- MS Sedco
- Optex Group Co. Ltd
- Panasonic Corporation
- Pepperl+Fuchs SE
- SABRE – Security Equipment Corp.
- Samsung Electronics Co. Ltd
- SecurityMan Inc
Market Segmentation:
Breakup by Type:
- Indoor
- Outdoor
Breakup by Product Type:
- Wired
- Wireless
Breakup by Application:
- Commercial
- Residential
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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